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characteristics, earnings, and employment dynamics of inventors. These linkages, which will be available to researchers with approved …
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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
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which generates local spillovers. Tasks can be performed at home or abroad, but offshoring entails costs that vary by task …. In equilibrium, the tasks with the highest offshoring costs may not be traded. Among the remainder, those with the … relatively higher offshoring costs are performed in the country that has the higher wage and higher aggregate output. The paper …
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