In Startup Capitalism, Robyn Klingler-Vidra and Ramon Pacheco Pardo explore the place of startups in contemporary East Asian economies. The last few decades have seen East Asian governments provide increasing support for startups—new, high-growth, technologically oriented firms. Yet, as the...

We examine the value added by venture capital investors during the due-diligence process. We use data from a seed fund that quasi-randomly assigns applicants to due diligence, creating a natural experiment. We find that due-diligence assignment leads to higher average growth, even for companies...

"Innovation offers potential: to cure diseases, to better connect people, and to make the way we live and work more efficient and enjoyable. At the same time, innovation can fuel inequality, decimate livelihoods, and harm mental health. This book contends that inclusive innovation - innovation...