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for innovation economists and policy makers who must give valid policy recommendations and decide on the allocation of …
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This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
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survival, but lag behind regular business founders in terms of income, business growth and innovation. Moreover, we show that …
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