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This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...
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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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Using a data set of the firms listed on the Neuer Markt in Germany, this paper demonstrates that venture backed firms differ from firms with other financial resources, especially debt. Thus, the results of this study provide evidence for the hypothesis that small and innovative firms are more...
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Introduction to the 2nd edition / Z. Acs, D. Audretsch -- Debates in entrepreneurship : opportunity formation and … implications for the field of entrepreneurship / S. Alvarez, J. Barney, S. Young -- An update to the individual-opportunity nexus … entrepreneurship : an introduction and research review / D. Kuratko -- High-impact entrepreneurship / Z. Acs -- Equity financing / P …
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