matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth. …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth. …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

matching between startups and financiers, and the taxation of VC-backed startups matter significantly for growth. …Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have … reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

adoption of new technology. Venture businesses and start-ups should play a key role in commercialising innovation. To make …

&D tax credits to startups via the M&A channel. We show that when established firms become eligible for R&D tax credits, they … increase their R&D and M&A activity. In particular, they acquire more venture capital (VC)-backed startups, but not non …-VC-backed firms. Moreover, the impact of R&D tax credits on firms’ R&D is increasing with their acquisition of VC-backed startups. The …