Powerful Finance and Innovation Trends in a High-Risk Economy

This book presents in its first part the financial determinants of innovation processes considered in a macro-economic perspective, which are limited by short-term constraints, and studies in its second part the linkages existing between the necessity to innovate in order to survive and the constant attention given to financial results.

Autorentext
BLANDINE LAPERCHE is Professor (maître de conferences, habilitée à diriger des recherches) of Economics and Vice Director of the Research Unit on Industry and Innovation, France. She is responsible for the forum, The Spirit of Innovation. She specializes in the economics of innovation. She has recently published (with Dimitri Uzunidis) John Kenneth Galbraith and the Future in Economics, and (with Dimitri Uzunidis and James Galbraith) Innovation, Evolution and Economic Change.

DIMITRI UZUNIDIS is Professor of Economics and Director of the Research Unit on Industry and Innovation, France. He is editor of the review Innovations. He has provided expertise to several international organizations and specializes in industrial economics.

Inhalt
Foreword; L.C.Bresser-Pereira Introduction: How Does Finance Condition Innovation Trajectories; B.Laperche& D.Uzunidis PART I: THE FINANCE AND KNOWLEDGE-BASED ECONOMY Innovation and Predation; J.K.Galbraith Innovation, Finance and Economic Movements; D.Uzunidis Macroeconomic Policy, Investment and Innovation; M.Sawyer Doctrinal Roots of Short-Termism; J.E.Sawyer Finance, State and Innovative Entrepreneurs in the Contemporary Economy; S.Boutillier The Political Economy of R&D in a Global Financial Context; J.Courvisanos Finance and Intellectual Property Rights as the Two Pillars of Capitalism Changes; G.Liodakis PART II: INNOVATION TRAJECTORIES AND PROFITABILITY IN FIRM'S STRATEGIES The Firm and its Governance over the Industry Life-Cycle; J.Krafft& J-L.Ravix Economic Change and the Organization of Industry: is the Entrepreneur the Missing Link?; E.Barreiro& J.T.Ravix Innovation and Profitability in the Computer Industry; C.Genthon Creation and Co-Evolution of Strategic Options by Firms: An Entrepreneurial and Managerial Approach towards Flexibility and Resource Allocation; T.B.Helmchen Financial Means' Competencies and Innovation: Comparative Advantages between SMEs and Big Enterprises; F.Munier The Financing of Innovative Activities by Banking Institutions: Policy Issues and Regulatory Options; E.Ughetto Innovation and the Profitability Imperative: Consequences on the Formation of the Firm's Knowledge Capital; B.Laperche