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The process of the entrepreneurial decision is decomposed in seven engagement levels ranging from "never thought about starting a business" to "gave up", "thinking about it" , "taking steps for starting up" , "having a young business" , "having an older business" and "no longer being an...
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empirical analysis exploits variation in licensing regulation across states and industries and constructs indicators for both … the share of employment subject to licensing (the extensive margin) and the strictness of regulation (the intensive margin … with more extensive and stricter licensing regulation. The results from the analysis of earnings are generally mixed and …
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