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According to the Red Queen hypothesis,
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts.
Startup Failure
The condition where a startup company cannot continue operations due to financial constraints, lack of market fit, management problems, or other reasons leading to its closure or insolvency.
Global Entrepreneurship Monitor
An annual assessment of the national level of entrepreneurial activity around the world, initiated as a partnership between London Business School and Babson College.
Type of Economy
A category that describes a country's economic system, such as a capitalist, socialist, or mixed economy.
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