Venture Capital and Startup Agglomeration
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The paper studies venture capitals (VC) role in the geographic clustering of high-growth startups. We exploit a rule change that disproportionately impacted U.S. regions that historically lacked VC financing via a restriction of banks to invest in the asset class. A one-standard-deviation increase
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美国国家经济研究局创建时间：
2021-09-01
