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This paper explores the role of green innovation in attracting venture capital (VC) financing. We use a unique dataset … that matches information on VC transactions, companies' balance sheet variables and data on patented innovation at the firm … VC finance. Robustness checks and extensions tackling several dimensions of heterogeneity corroborate the view that green …
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innovation by new entrant firms. We apply this model to evidence from a study of problems faced by 73 environmental ventures. We … present supporting evidence from case studies that demonstrate how entrepreneurial innovation is brought about by problem …
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