Contestable Markets for Entry and Exit

Niklas Elert (), Magnus Henrekson () and Mark Sanders

Chapter 6 in The Entrepreneurial Society, 2019, pp 87-102 from Springer

Abstract: 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.

Keywords: Market entry and exit; Business failure; Institutions; Entrepreneurship (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1007/978-3-662-59586-2_6

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