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This paper considers the implications of asymmetric information in capital markets for entrepreneurial entry and tax policy. In many countries, governments subsidize the creation of new firms. One possible justification for these subsidies is that capital markets for the financing of new firms...
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This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering an industry, and outlines possible implications for public policy. Externalities can arise from entrepreneurial activities such as spillover benefits from new innovations and...
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Entrepreneurship is undoubtedly a social process and creating a firm requires both the mobilization of social networks …
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"Joblessness is the root cause of the global unrest threatening American security. Fostering entrepreneurship is the … in entrepreneurship, and reaping the benefits of the jobs created through entrepreneurial startups. From 9/11 and the … American foreign policy and threatens international security. Drawing on Koltai's stint as Senior Adviser for Entrepreneurship …
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