Bofinger, Peter - In: European Journal of Economics and Economic Policies: … 22 (2025) 2, pp. 252-273
theory shows that in these models, growth and innovation are gradual, risk-free processes driven by individual agents … crucial importance of the financial sector as a financier of growth, the element of risk and uncertainty in the innovation … process, the disruptive nature of innovation and growth, and the impact of growth on inflation. While Schumpeter ascribed a …