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Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...
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Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous … entrepreneurship at both edges of the size distribution. The model is then used to analyse the effects of productivity growth …, distortions, financial and labor market frictions, and risk. Capturing entrepreneurship across the size distribution allows for …
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Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net …
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