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We investigate the private returns for academics that start new businesses. Total earnings for the universe of 478 … gradual process and quite episodic. Earnings are similar before and after becoming an entrepreneur and dividends and capital … gains are inconsequential. But the income risk is more than three times higher in entrepreneurship …
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We study how nonprofit profitability affects external funding. Using a sample of over 273 thousand U.S. nonprofit organization (NPO) observations between 1999-2019, we find that profitability is associated with greater public support; however, when NPOs are excessively profitable, they receive...
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