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The creation of value through innovation is among the defining traits of new technology-driven ventures. In this paper …. On average, for every Euro of EIF-supported VC financing, start-ups generated 2.74 Euro of private innovation value. …
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We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation …, and regulatory barriers) on firm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation … surveys, based on an instrumental variables approach, we find that the probability of generating innovation outcomes is …
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