The Legacy of Schumpeter, and the Limits of the Schumpeterian Approach in the Analysis of the Financing of Innovation

Enrico Santarelli

Chapter 2 in Finance and Technological Change, 1995, pp 20-29 from Palgrave Macmillan

Abstract: Abstract As stressed in the previous chapter, a theoretical analysis of the impact of financial institutions and the finance structure of the firm on the rate of innovation is still inadequate, and only limited treatment can be found in the writings of the fathers of economic science.

Keywords: Technological Change; Entrepreneurial Activity; Inventive Activity; External Financing; Major Innovation (search for similar items in EconPapers)
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37503-1_2

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DOI: 10.1057/9780230375031_2

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