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Venture capital is assumed to play an important role for the commercialization of innovative ideas and the development of high-technology industries in a region. This paper deals with the regional distribution of venture capital and its explanation. Venture-backed firms are mostly located in...
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interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …
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scientific and infrastructural well suited regions or not. Estimation results on the level of postcode areas confirm the …
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estimation of causal effects shows significant higher average annual employment growth rates of German venture-backed firms. …
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