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Tax Policy, Venture Capital, and Entrepreneurship

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NBER2000-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7976
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The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk project each but have no own resources. Financiers provide equity finance. They must structure the entrepreneur's profit share and base salary to assure their incentives for full effort.
创建时间:
2000-10-01
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