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Policy refers to a broad guideline framed by the government for some desired changes in a state. Policy entrepreneurs are persons who strive to introduce desired changes in the policies and they work with various bodies to get the policies implemented. Policy entrepreneurship on the other hand...
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Unavailable or expensive health insurance may hinder the transition of individuals from paid employment to … entrepreneurship. The literature argues that the guaranteed availability of health insurance introduced by the Affordable Care Act (ACA … investigate how much the cost of health insurance when leaving paid employment - given availability of health insurance - matters …
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Our paper presents an empirical analysis of entrepreneurial well-being using a large-scale longitudinal household survey from the UK that tracks almost 50,000 individuals across seven waves over the period 2009-2017, as well as a number of exploratory case studies. We contribute to the existing...
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We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs. Without finance constraints, enforcement of non-compete agreements unambiguously improves social welfare outcomes, and even increases the rate of spinoffs from original firms....
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In January 2012, amendments to California's corporate code permitted a new type of corporate form designed around for-profit entities also wishing to commit to serving a broader “social purpose” (or purposes). Although not the first state to embrace such reforms, California's experiment is...
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This paper develops a theory of contracting among founders of a new firm. It asks at what stage founders agree to commit to each other, how they structure optimal founder contracts, and how this affects team formation, ownership, incentives, and performance. The paper derives a trade-off between...
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