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This research investigates the impact of venture capital (VC) firms on startup innovation, particularly in the biotech sector, by analyzing the effects of specialist versus generalist VC firms on the innovation process. The study finds that specialist VC firms significantly enhance the speed of patenting for startups, especially in moderate research environments, while also uncovering mechanisms such as overcoming value translation and regulatory challenges. The paper contributes to the understanding of how

Author

anirudh.mohan0106

Language

EN