The aim of this essay is to give an overview about recent developments of the government innovation funds of Sweden and Finland. In order to discover recent developments basic knowledge regarding innovation funds, funding structures and information about the two big funding agencies Vinnova...

We study an extension of the classical B1ack-Scholes model which accounts for feedback effects from trading in an imperfectly elastic market. The proposed semi-martingale model may be viewed as a compromise between the diffusion approach in, e.g., (Cuoco and Cvitanic 1998), (Cvitanic and Ma...