Shifting the composition of start-up cohorts can boost macroeconomic performance
BankUnderground
AUGUST 11, 2022
Examples include tax measures to stimulate firm-level Research & Development and structural reforms to eliminate distortions in labour, financial, and product markets. The algorithm uncovers the presence of five well-separated clusters of start-ups, which we label large; capital intensive; high-leverage; cash-intensive and basic.
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