Small and medium-sized enterprises (SMEs) in Lebanon constitute 90% of the country’s enterprises (Kheir 2017). The Lebanese SMEs' entrepreneurial knowledge potential is not systematically developed to leverage the country's SMEs with a competitive advantage. Thus, the purpose of this article...

We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. Our theoretical model suggests that firms with high managerial efficiency open more stores per firm and have higher labor demand due to the reform. We find a sharp persistent increase in entry...