Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments.

Financ Manage · 2014 · PMC4497487 · PMID 26166906

Europe PMC DOI

hedged sentence

—

closest p

—

boldest claim

The sentences

highly significantno p-value reported

The effects of aggregate R&D expenditures are highly significant and economically substantial in our models for early stage and late stage VC.

also in 132,142 other papers

Quoted from the open-access full text in Europe PMC under the licence the publisher applied. The sentence is reproduced exactly as published; the emphasis is ours.