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greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky's ideas on the …
Persistent link: https://www.econbiz.de/10011545297
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10011335945
This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...
Persistent link: https://www.econbiz.de/10010517057
greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky’s ideas on the …
Persistent link: https://www.econbiz.de/10010530034
Persistent link: https://www.econbiz.de/10011415320
size composition of firms changes, how innovation patterns (patents) change, as well as locational decisions of firms (NJ … observation, and that the growth advantage of small pharma firms increases after the 1980's as the process of innovation becomes … more guided and scale intensive and as small firm innovation becomes more persistent. Furthermore, at the end of the 1970's …
Persistent link: https://www.econbiz.de/10010288729
. Growth dynamics are studied in the context of how the size composition of firms changes, how innovation patterns change, and …, comment la structure de l'innovation change, et comment la localisation entraine des ecarts de la croissance des entreprises … entreprises Innovation Industrie pharmaceutique Demirel P. und Mazzucato M. Die Evolution der Wachstumsdynamik von Firmen in der …
Persistent link: https://www.econbiz.de/10008674854
One lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has now become a top priority in countries where it was not...
Persistent link: https://www.econbiz.de/10011282642
greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky's ideas on the …
Persistent link: https://www.econbiz.de/10011276267
from 1974-2000. In both industries, firm growth rates are more volatile in the period in which innovation is the most …
Persistent link: https://www.econbiz.de/10005184774