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Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous … entrepreneurship at both edges of the size distribution. The model is then used to analyse the effects of productivity growth …, distortions, financial and labor market frictions, and risk. Capturing entrepreneurship across the size distribution allows for …
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The main contribution of entrepreneurship theory to economics is to provide an account of market performance in …
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Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approachfocusing on the net …
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