Innovation and Equilibrium?
No 1674, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University
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
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Published in D. Papadimitriou and L.R. Wray, eds., The Elgar Companion to Hyman Minski, Edward Elgar, 2010, pp. 153-168
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Chapter: Innovation and Equilibrium? (2010)
Working Paper: Innovation and Equilibrium? (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:cwl:cwldpp:1674
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