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September 2011

Survival and growth of Silicon Valley high-tech businesses born in 2000

Tian Luo, Amar Mann

High-tech businesses born in 2000 in the Silicon Valley had below-average survival and employment growth rates from 2000 to 2009, except for the year 2000, during which surviving firms of the cohort experienced significant growth that carried over for 8 years; year-specific and industry-mix effects, however, weaken the latter conclusion.

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