Les dividendes de l’innovation DIVIDENDS OF INNOVATION

Marian Wielezynski ()
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Marian Wielezynski: RRI

No 29, Working Papers from Réseau de Recherche sur l’Innovation. / Research Network on Innovation

Abstract: L’origine économique des dividendes est rattachée aux Grandes Découvertes et aux Innovations. Ils en représentent la rémunération "normale". Mais l’observation des comportements financiers montre que l’entrepreneur procède de manière significative à des avances sous forme d’acomptes sur dividendes et d’autofinancements, alors que les produits, les services et les systèmes qu’il crée n’ont pas été entièrement échangés sur les marchés. Il faut alors se demander si les dividendes et les profits ne sont pas la reconstitution des avances décidées pendant la production. The economic origin of the dividends is attached to Great Discoveries and Innovations. They represent the "normal" return. But keeping an eye on the financial behaviour shows that the entrepreneur carries significantly to advances in the form of interim dividends and self-financing, while the products, services and systems that are being created are not completely exchanged in markets. It must then been asked if the dividends and profits are not rebuilding advances that were decided during production.

Keywords: innovation; dividendes; financement; dividends; financing policy (search for similar items in EconPapers)
JEL-codes: D53 G32 O31 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2012
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Published in Documents de travail du RRI, 2012

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