Caiani, Alessandro; Godin, Antoine; Lucarelli, Stefano - Dipartimento di Scienze Economiche e Aziendali, … - 2012
wage earners. The stock flow consistent approach allows us to track the flows of funds resulting from the rise of …. These boom and bust cycles are inherent to the rise innovation. Our paper analyses innovation cycles in a stock flow … consistent framework. It focuses on the essential role of internal and external finance in the emergence of a new technological …