We present a theory of entrepreneurial entry and exit decisions. Knowing their own managerial talent, entrepreneurs …

We present a theory of entrepreneurial entry and exit decisions. Knowing their own managerial talent, entrepreneurs …

entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …

entry and financial development. Incumbents seek a low level of effective investor protection to prevent potential entrants … higher rents earned with less competition. Entry and investor protection improve when wealth distribution becomes less … countries we find that greater accountability is associated with higher entry in sectors that are more dependent on external …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can … of these agreements shuts down socially profitable spinoff firms. Non-enforcement sacrifices entry of original firms that …

We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can … of these agreements shuts down socially profitable spinoff firms. Non-enforcement sacrifices entry of original firms that …