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Why should individuals that have exited their firm consider re-entering into entrepreneurship, i.e. become renascent entrepreneurs? According to the logic of economic models of firm dynamics there is no reason to re-enter into entrepreneurship following termination of a previous firm. In...
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consequences of personal bankruptcy. Whilst there is an intuitive link, relatively little attention has been paid to the question … empirically, particularly in the international context. We investigate the relationship between bankruptcy laws and … new indices reflecting how ldquo;forgivingrdquo; personal bankruptcy laws are. These measures vary over time and across …
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Stringent bankruptcy laws are generally understood to increase the costs of failure and thus not conducive for … conditional fixed effects Poisson regressions, support that stringent bankruptcy laws are positively associated with the levels of …
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We explore the link between bankruptcy laws and entrepreneurship in the U.S states. Using two measures of … entrepreneurship capturing alternative conceptions of this phenomenon, we find that bankruptcy laws more favorable to debtors lead to … understand the impact of public policies on this most vital of human activities. -- bankruptcy law ; entrepreneurship …
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