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Which of the following statements about Dutta and Folta's (2016) academic paper (titled A comparison of the effect of angels and venture capitalists on innovation

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Which of the following statements about Dutta and Folta's (2016) academic paper (titled "A comparison of the effect of angels and venture capitalists on innovation and value creation") is correct? a. The authors found that the impact of innovation (proxied by patent citations) was greater for Angel backed businesses, compared with businesses backed by venture capital firms. b. Under otherwise equal conditions, technology ventures should go for angel investment rather than investment from venture capital firms. C. The authors found that the rate of innovation (proxied by patent numbers) was lower for Angel backed businesses, compared with businesses backed by venture capital firms. d. None of the given answers is correct

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