Do more heavily regulated economies have poorer performing new ventures? Evidence from Britain and Spain
Capelleras, Joan-Lluis, Mole, Kevin F, Greene, Francis J, Storey, David J
Journal of International Business Studies · 2008 · Volume 39 · Issue 4
DOI: 10.1057/palgrave.jibs.8400340
Abstract
We test two alternative perspectives on the start-up size and subsequent growth of new firms in a heavily regulated (HR) economy and a lightly regulated (L
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