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Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms …
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, Germany succeeded in enabling smaller firms to grow faster than larger firms. This suggests that the new policies were not … and innovation within the German economy. …
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The neoclassical model of the production, as applied by Robert Solow to built the neoclassical model of growth, linked labor and capital to output. More recently, Romer and others have expanded the model to include measures of knowledge capital. In this paper we introduce a new factor,...
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. Based on a large data set of young high-technology start-ups publicly listed in Germany, this study tests the propositions …
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