Finance and innovation

Hartmut Hirsch-Kreinsen
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Hartmut Hirsch-Kreinsen: Dortmund Technical University Dortmund

Мир новой экономики, 2014, issue 3, 50-58

Abstract: This paper addresses the relationship between technological innovation and finance. So far, less has been written on the interdependencies between the dynamics of the financial market, patterns of corporate finance and governance on the one hand and company innovation strategies on the other hand. The paper takes up these open questions. It analyses the transformation process of the German industrial innovation system due to the dynamics of the international financial market in the last decades. In conclusion, some general insight into the relationship between finance and innovation beyond the German context will be provided. The paper is based on an extensive literature research in the fields of economic sociology and innovation studies, the analysis of the public debate on the prospects of the current economic development, and preliminary findings of an ongoing empirical research project.

Keywords: ТЕХНОЛОГИЧЕСКИЕ ИННОВАЦИИ; TECHNOLOGICAL INNOVATION; ФИНАНСЫ; FINANCE; ФИНАНСОВЫЙ РЫНОК; FINANCIAL MARKET; ЭКОНОМИЧЕСКОЕ РАЗВИТИЕ; ECONOMIC DEVELOPMENT (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:scn:031257:16506373

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