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Description of Powerful Finance and Innovation Trends in a High-risk Economy

Capitalism and the enterprise are economic systems that are mutually dependant in their aim of developing and disseminating new technologies. The beginning of the twenty-first century has seen an increase in global, economic dependence on the generation of new technologies. This dependence has been accompanied by greater financial risk due to the rapid obsolescence of products and technologies. An international team of experts explore the theories and facts that characterize this high-risk economy. The analysis focuses on both macro and microeconomic aspects of the contradictory relationship between finance and innovation. The book utilizes a historical and procedural approach and stresses the role of powerful finance in innovation selection and diffusion. An analysis of entrepreneurial strategies demonstrates that the evolution of the organization of an enterprise and its capacity to innovate depend on the limits defined by finance, and on the large profit opportunities offered by new technologies and new markets.

Title Information

ISBN:

9780230553590

Pages:

296 pages

Format:

Hardback

Product Code:

249993

Publisher:

Palgrave MacMillan

Published:

27/02/2008

Edition:

illustrated edition

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About Blandine Laperche (Editor) and Dimitri Uzunidis (Editor)

BLANDINE LAPERCHE is Professor (maitre de conferences, habilitee a 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.