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seems warranted. With specific regard to Germany, it is not clear how long the Shadow of Death is and which influence can be … plants in terms of employment change and to this use a comprehensive data set that covers the whole of Germany and contains …
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We investigate the impact of start-up rates on regional economic development. We argue that in line with Schumpeter's view this effect is mediated by a process of creative destruc-tion: Start-ups spark a process of creative destruction which in turn leads to regional eco-nomic development....
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