Governments, entrepreneurs, and positive externalities: A real options perspective

This article extends the real options view from the firm level to the societal level, by exploring how government policies facilitate entrepreneurship development. Governments can focus on generating positive externalities, as opposed to avoiding failure for individual firms. Treating the bundle of...

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Bibliographic Details
Main Authors: Lee, S., Peng, Mike, Song, S.
Format: Journal Article
Published: Elsevier 2013
Online Access:http://hdl.handle.net/20.500.11937/49825