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This paper analyses the effects of the creation or removal of borders on firms' profits and their optimal location in an autarkic region. A firm chooses a position close to a border if a crucial degree of openness is achieved. Furthermore, the positive effect of removal of borders decreases in...
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Introduction -- Entrepreneurship and economic growth -- Regional variation in entrepreneurial activity -- Human capital and entrepreneurship -- Entrepreneurship and employment growth -- Summary and conclusions -- A formulation of entrepreneurship policy.
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