Abstract:
This working paper is an initial effort to analyze theoretical contributions from New Institutional Economics (NEI), specially the Transaction Costs framework, for understanding financial mechanisms to innovation. Transaction Costs economy is one hand from firm’s contractual theories that allows investigating how resources are allocated inside the firms. For the purpose of the paper, it will be analyze resource’s allocation for innovative activities that embraces uncertainly, asymmetric information and high risk.
JEL-codes:D86O31 (search for similar items in EconPapers) New Economics Papers: this item is included in nep-ent Date: 2008-05 View list of references
More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Address: Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil Contact information at EDIRC. Series data maintained by Hugo E. A. da Gama Cerqueira ().
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .