Key insights
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1
Talent Competition: Startups often struggle to attract and retain skilled employees who may prefer the stability and benefits offered by larger companies nearby.
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2
Resource Scarcity: The presence of large firms can drive up the costs of resources such as office space, making it harder for startups to sustain their operations.
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3
Intellectual Property Concerns: Close proximity to big companies may increase the risk of intellectual property theft or disputes, as ideas and innovations overlap.