NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Cash-out or flame-out! Opportunity cost and entrepreneurial strategy: Theory, and evidence from the information security industry

Ashish Arora, Anand Nandkumar

NBER Working Paper No. 15532
Issued in November 2009

---- Acknowledgements -----

This paper is based on a chapter of Anand Nandkumar's 2008 PhD dissertation at The Heinz School, Carnegie Mellon University. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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