Darnihamedani, Pourya; Block, Joern Hendrich; Hessels, … - Tinbergen Instituut - 2015
Prior research suggests that start-up costs and taxes negatively influence entry into entrepreneurship. Yet, no …-up costs, being one-off costs, may reduce the entry of entrepreneurs whose ideas are not very promising, thus increasing the … proportion of innovative entrepreneurs. Taxes, being recurring costs, may reduce the “prize” of innovation and the profit from …