engage in more deals. We also explore the effects of country-level pro-takeover legislation passed internationally (positive … post-law changes in VC activity. VC activity intensifies after enactment of country-level takeover friendly legislation and …

This paper studies how corporate research and development (R&D) investment affects labor mobility. We use employer … entrepreneurship, leading employees to join the founding teams of startups that are venture capital-backed, high tech, high wage, and … in different sectors than the parent firm. These high-growth, high-risk startups emerging from R&D benefit from a focused …

matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

. Late-stage startups are raising larger amounts of capital in the private markets from a growing pool of traditional and new … competitive changes affecting both startups and investors that help explain how the trade-offs between going public and staying … private have changed. We conclude by listing several open research questions …

management, ownership structure, and the board of directors. Our analysis focuses on the nature and stability of those firm …

concerning the success rates, failure rates, investment rates, equity shares, and IPO values. Raising capital gains taxation … of startups. If viable, venture capitalists provide funding for the next stage. The success of a project depends on the …

We explore the determinants of research specialization across countries and its consequences for relative wages. Using … research regardless of trade barriers or research productivity. As long as trade barriers are not too high, faster diffusion … shifts research activity toward the country that does it better. This shift in research activity raises the relative wage …

-flow data sourced from Burgiss's large sample of institutional investors. Previous research, studying largely pre-2000 data …