One possible strategy for both succession and new business development is employee ownership.New business formation as an employee-owned firm or cooperative may have some advantagesover formation as a sole proprietorship or partnership: pooling financial resources, spreading riskand combining...

We test whether commonly used measures of agglomeration economies encourage new firm entry in both urban and rural markets.  Using new firm location decisions in Iowa and North Carolina, we find that measured agglomeration economies increase the probability of new firm entry in both urban and...

The availability of broadband Internet service should have increased firm productivity and lowered firm entry costs.  However, validating the broadband effect is complicated by the rapid deployment of broadband Internet service across metropolitan areas, removing meaningful variation in...

One possible strategy for both succession and new business development is employee ownership.  New business formation as an employee-owned firm or cooperative may have some advantages over formation as a sole proprietorship or partnership: pooling financial resources, spreading risk and...