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Innovation Wars: The Global Race for Startup Supremacy

New Enlightenment

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Navigating Startup Innovation and Government Policy

This chapter explores global government initiatives that promote venture capital and startup innovation, featuring successful schemes like the UK's Seed Enterprise Investment Scheme and Israel's Yosma Fund. It critically examines the effectiveness of these policies and the challenges posed by prioritizing quantity over quality in startup support, while emphasizing the importance of fostering truly innovative companies. Additionally, the discussion touches on the dynamics of startup ecosystems, the role of established firms, and the need for clear exit strategies in government-led investments.

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