Springer Nature OA
open access
CC BY 4.0
Innovative entrepreneurial entry over the business cycle: variation by form of innovation and country economic development
Ever wonder why major economic crashes spur game-changing startups, while boom times yield a flood of modest upgrades? Using global survey data across 66 countries from 2003 to 2018, this study reveals that the innovativeness of startups created follows an inverted U-shape pattern over the business
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