Innovation and Equilibrium?

Martin Shubik

No 1674, Cowles Foundation Discussion Papers from Cowles Foundation, Yale University

Abstract: A discussion is given of the problems involved in the formal modeling of the innovation process. The link between innovation and finance is stressed. The nature of how the circular flow of funds is broken and the role of finance in evaluation and control is discussed.

Keywords: Innovation; Invention; Circular flow; Finance (search for similar items in EconPapers)
JEL-codes: D5 G2 O3 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ino and nep-knm
Date: Written
View list of references

Downloads: (external link)
http://cowles.econ.yale.edu/P/cd/d16b/d1674.pdf (application/pdf)

Related works:
Working Paper: Innovation and Equilibrium? (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:cwl:cwldpp:1674

Ordering information: This working paper can be ordered from
Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA
The price is None.

Access Statistics for this paper

More papers in Cowles Foundation Discussion Papers from Cowles Foundation, Yale University
Address: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Contact information at EDIRC.
Series data maintained by Glena Ames ().