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We propose a novel mechanism through which established firms contribute to the startup ecosystem: the allocation of R&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,...
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Purpose - The key question addressed in the paper is whether creativity fostering methods increase innovation output in … Croatian firms. Design/methodology/approach - By utilizing the Community Innovation Survey 2010 data and propensity score … methods). Within this framework, our measured outcome is the innovation activity of the firm and the treatment is the …
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