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What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …
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enables the model to replicate the empirically rather moderate correlation between the R&D innovation probabilities of …
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, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy. …
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