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		| Antonio  Rodríguez Andrés and Raufhon  Salahodjaev | 
	
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		| ''Do cognitive able societies nurture entrepreneurs?'' | 
	
		| ( 2016, Vol. 36 No.3 ) | 
	
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		| The aim of this paper is to examine the impact of cognitive skills on the cost of start-up business procedures. Recent empirical studies have identified intelligence to be instrumental to institutional arrangements. Our empirical findings suggest that higher cognitive skills lead to lower costs of start-up business procedures. | 
	
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		| Keywords: Intelligence,  entrepreneurship,  instrumental variables,  cross-country. | 
	
		| JEL: L2 - Firm Objectives, Organization, and Behavior: General C2 - Single Equation Models; Single Variables: General
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		| | Manuscript Received : Mar 22 2016 |  | Manuscript Accepted : Aug 03 2016 | 
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