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Innovative start-ups are central to economic dynamism and the mastering of societal challenges such as climate change – they turn ideas into marketable products without having to consider the cannibalisation of existing products. At the same time, the EU and Austria lag behind countries such as the USA in the presence and growth dynamics of such start-ups. More economic research is needed to inform economic policies aiming at counteracting this trend. The literature emphasises the lack of holistic approaches to start-up analysis. This research project has the opportunity to follow the start-ups of the Venture Capital Fund of the Institute of Science and Technology Austria in real time and thereby obtain unique data.