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The economic performance of a country depends, among other things, on the strategies and structures of its firms. In the framework that is designed by institutions and policies and determined by technology and macroeconomic cycles, entrepreneurs decide how to allocate available resources in...
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Poverty rates on Native American Indian reservations are triple the US average. Small business incubation programs, available elsewhere in the US, are sparse on the reservations. Small businesses are potent drivers of US economic growth. Some 25.5 million entrepreneurs generate more than 50% of...
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To achieve a targeted GDP growth rate we calculate resources in terms of professionals. But how many entrepreneurs are necessary? How many new firm formation are necessary? These questions are rarely debated. Studies show that there exists a correlation between the expected growth rate and...
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