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In this paper we theoretically and empirically examine how the interaction between the formal court system and the informal loan network affects a household's decision to start a business. We find that when the formal court system is weak, expansion of informal credit network leads to the...
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examination, we encounter various viewpoints regarding entrepreneurship and different needs of national politics. The research … of opinions on appropriate set of factors that influence the entrepreneurship processes, on ways of their influence and … Global Entrepreneurship Monitor (GEM) database and complemented with data from other international sources such as Heritage …
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