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"This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10008737781
"We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where … among nations significantly affects investment decisions. This holds even after controlling for investor and company fixed …
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