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The performance of economies depends upon entrepreneurship. Entrepreneurs identify new opportunities, implement new technologies, provide new products and services, and generally, make an economy vibrant. Yet, little is understood of the institutional structure that supports entrepreneurship or...
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part of government procurement auctions for over three decades. In this paper, we examine the impact of a program that … requires prime contractors to subcontract out a portion of a highway procurement project to DBE firms. We study how DBE …
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