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We study the implications of ownership and its induced incentives on firm survival on the stock market for young and high-tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt, the German counterpart of the NASDAQ, our results differ from studies on more traditional...
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entrepreneurship is needed to drive innovation. Both Germany and the US are not only among the most innovative, but also among the most …If innovation is necessary to tackle the huge economic, political, and social challenges facing society, then … entrepreneurially active countries in the world. Entrepreneurship in Germany and the US has both its strengths and its challenges. The …
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A large literature has emerged focusing on the post-entry performance of firms and, in particular, on thelinks between firm growth, survival, size and age. While these studies have resulted in findings that aresufficiently consistent as to constitute Stylized Facts, virtually all of these...
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