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Study: Stop focus on tech growth
Governments are wrong to focus exclusively on technology start-ups when looking to promote high-growth businesses, claims research from the Strathclyde Business School. Innovation schemes in many countries focus on the sector and on university research spin-offs, when they only actually produce very few successful firms. “It is dangerous to adopt policies which pre-judge where high-growth firms will emerge,” said co-author Professor Mason. Instead, he says eligibility rules should be flexible enough to help firms from any sector.