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The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …
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This paper aims at providing an overview of the theoretical considerations and a review of the empirical literature on the relationship between finance and growth. Section I describes the role of financial development in economic growth at the macro level, both theoretically and empirically....
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-- The Framework -- Explaining History -- Systematic Evolutionary Theory -- A Viable Methodological Alternative -- New … Research Directions -- References -- Chapter 2:DEVELOPING INNOVATION CAPABILITY: MEETING THE POLICY CHALLENGE -- Introduction … -- Developing Absorptive Capacity -- Learning to Innovate -- Helping Firms Develop Innovation Capability -- Broadcast Mode -- Agent …
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