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This survey reviews the growing body of academic work on venture capital. It lays out the major data sources used. It examines the work on venture capital investments in companies, looking at issues of selection, contracting, post-investment services, and exits. The survey considers recent work...
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This paper studies the impact of research and development (R&D) and innovation on employment growth, focusing on small … and medium-sized firms. Employment effects of R&D and innovation are unclear a priori as process innovation may be labor … both R&D and innovation increased employment growth, suggesting that innovation was either capital-saving or labor had …
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