The mismatch between the business cycle and venture capital is examined in this article.Currently, during the upswing of the business cycle, venture capital is used to fund many projects including those that make little or no technological advances.On the other hand, in the downturn, there is a...

The development of academic research capacities carries within itself the seeds of future economic and social development in the form of human capital, tacit knowledge and intellectual property. Channelling knowledge flows into new sources of technological innovation has become an academic task,...