This study examined the non-linear relationship between financial development and innovation using generalized method … for the period 1996 to 2010. An inverted U-shaped non-linear relationship between finance and innovation was observed …. This finding implies that finance enhances innovation only up to a certain level. Beyond that level, further development of …

relation to the innovation process and its outcomes. This theme is firmly rooted in the Schumpeterian tradition in which an …

approach that focusses on complex processes driven by endogenous innovation as well as crisis. The theoretical considerations … economics of self-organization of dynamic markets by ignorant actors -- Firms Navigating Through Innovation Spaces: A … Conceptualization -- A Proposal for a ‘National Innovation System plus Subjective Well Being’ Approach and an Evolutionary Systemic …