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This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
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This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
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The study of entrepreneurship often focuses on the activities of the entrepreneur. While entrepreneurship is undertaken … discussing the institutional factors that encourage entrepreneurship, the ways in which economic models depict the economy are … discussed, pointing toward the different policy conclusions regarding entrepreneurship that emanate from different assumptions …
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