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Start-up Entry Strategies: Employer vs. Nonemployer firms
The authors observe a faster growth in the number of nonemployer firms vis-a-vis employer firms from 1997 to 2001 in the U.S. The diverse speed of net entry may be due to particular internal organisation of the two types of firms and the effect that this has on the reactions to market uncertainty.
Link
http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID657162_code114544.pdf?abstractid=657162&mirid=1