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Start-up Financing, Entry and Innovation Charles ParryUniversity of…
https://www.cerf.cam.ac.uk/files/media/start_up_financing_entry_and_innovation.pdf19 Jun 2024: Existing research suggests that changes to financingconditions affect not only the level, but also the direction of innovation. ... Beyond the simple comparative statics results, Proposition 2.2 is informative about the implications offinancing frictions
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