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Contestable Markets for Entry and Exit

In: The Entrepreneurial Society

Author

Listed:
  • Niklas Elert

    (Research Institute of Industrial Economics (IFN))

  • Magnus Henrekson

    (Research Institute of Industrial Economics (IFN))

  • Mark Sanders

    (Utrecht University)

Abstract

Opening up European markets for goods and services would put European entrepreneurs at an equal footing with incumbent firms. For entrepreneurial venturing both market entry and exit are of crucial importance and the European Union has strong legal competencies in these areas, following the treaties to build the European Common Market. However, especially with respect to market exit and business failure, member states retain important competencies and, consequently, the playing field is varied and not level across the Union. Proposals in this chapter seek to remedy this imbalance and create opportunities for European entrepreneurs to scale up their ventures to European and global markets.

Suggested Citation

  • Niklas Elert & Magnus Henrekson & Mark Sanders, 2019. "Contestable Markets for Entry and Exit," International Studies in Entrepreneurship, in: The Entrepreneurial Society, chapter 6, pages 87-102, Springer.
    • Handle: RePEc:spr:inschp:978-3-662-59586-2_6
    DOI: 10.1007/978-3-662-59586-2_6
    as

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