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Relying on the institutional theory, a conceptual framework is developed, which hypothesises that institutional features are creating an environment that significantly influences energy-efficient innovation (EEI) activities at a firm level. Economic, regulatory and social features are argued to...
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We investigate the effect of public (PUVC) and private (PRVC) venture capital funds on the sales growth of 6,513 European New Technology-Based Firms (NTBFs) during the period from 1992 to 2009. Our results show that PUVC-backed NTBFs underperform with respect to PRVC-backed ones and do not grow...
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This paper investigates the determinants of the start-up size of new technology-based firms. While previous empirical studies generally focussed on industry-specific variables, we draw attention to the characteristics of founders, notably their human capital. In the empirical section, we...
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