financial investment. The entrepreneur is compensated for lack of control by receiving special consideration through better …

This paper proposes and analyses a model of start-up investment. Innovative entrepreneurs are commercially … the rest must resort to standard bank finance. We consider a number of policies to promote entrepreneurship and venture …

investment, and output subsidies at the production stage. While these measures stimulate entrepreneurshiip, only cost …

an entrepreneurial sector, the paper investigates the effects of taxes on the equilibrium level of entrepreneurship and …, progressive taxation as well as investment and output subsidies to the entrepreneurial sector. …