Public Policy Impacts on Entrepreneurial Entry and Exit: A Real Options Framework
提出了一个简洁的理论框架，预测多项公共政策对创业进入和退出选择的影响，并与已有实证证据比较，为碎片化的创业政策研究提供了理论一致性。
This article proposes a simple and parsimonious theoretical framework that generates predictions about the impacts of several prominent public policies on entrepreneurial entry and exit choices. These predictions are then compared with published empirical evidence. In addition to checking the external validity of the framework, this article makes sense of prior findings about public policy impacts on entrepreneurship, bringing a theoretical coherence to what formerly resembled a fragmented and scattered set of unrelated findings. The article furnishes the reader with a comprehensive overview of recent empirical literature on entrepreneurship policy, and identifies several limitations in previous empirical work that future research needs to address.