sunk in zombie firms is associated with lower investment and employment growth of the typical non-zombie firm and less … investment and multi-factor productivity growth … at the margins of exit congests markets and constrains the growth of more productive firms. Controlling for cyclical …

During the last years the relationship between financial development and economic growth has received widespread … attention in the literature on growth and development. This paper summarises in its first part the results of this research …, stressing the growth-enhancing effects of an increased interpersonal re-allocation of resources promoted by financial …

of venture capital on the growth of Micro and Small Industries (MSIs) in Indonesia through innovation and internet …. The results showed that venture capital had a direct positive but insignificant influence on growth. Meanwhile, innovation … venture capital on growth. This study proves that venture capital increases innovation activities and accelerates growth. …

-raising and venture investment. Utilizing data from Korean Venture Capital Association (KVCA), the analysis is conducted for the … fund-raising stage in both venture boom and post-boom periods. When it comes to the investment stage, however, the …

: supply of entrepreneurs due to career choice, entry of venture capital funds and search for investment opportunities … gains taxation, innovation subsidies, public R&D spending and other policy initiatives …

indicative of the market frictions associated with early-stage investment in innovation … histories of each firm and study performance measures at the transaction and investment levels. Many investments result in total … differing returns even in the same investment. This arises not just because they invest on different terms, but because they …

limited role in spurring innovation and entrepreneurship. Government initiatives are usually characterized by poor design and …