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The investment horizon issue in user-owned organizations
(University of Missouri--Columbia, 2005)
This research addresses the issue of an investment constraint in user-owned agricultural organizations called the horizon problem. Scholars have suggested the restrictions on the transferability of residual claimant rights ...
Informing the theory of collective entrepreneurship: investment choice
(University of Missouri--Columbia, 2007)
Olson's seminal work on the logic of collective action predicts that individuals will not act collectively to further common economic goals except under certain conditions. This work utilizes transaction cost economics, ...