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Innovation is widely recognized as a key factor in the competitiveness of nations and firms. Small firms that do not embrace innovation within their core business strategy run the risk of becoming uncompetitive because of obsolete products and processes. Innovative firms are a perquisite for a...
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The objective of this work is to evaluate the risk of business mortality. Considering a sample of over 11,741 firms in the textile-clothing sector, the influence that factors such as age, geographic density (district effect) and the principal productive activity (subsector effect) have on...
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