Navigating the New Normal: Which firms have adapted better to the COVID-19 disruption?

Technovation · 2021 · PMC8813167

Europe PMC

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highly significantno p-value reported

Model 4 tests the 3rd hypothesis and the coefficient of the interaction between R&D and the start-up dummy is both positive and highly significant confirming that the benefits of innovation will be greater for start-ups than incumbent firms.

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