Although much has been written about innovation in the past several years, not all parts of the innovation lifecycle … innovation before it is made, as well as on the feedback effect that innovation can have on finance itself. The book brings … together a diverse group of leading scholars in order to address the financing of innovation. The chapters address three key …

This paper documents that firms increasingly finance innovation with their stock of innovation, measured as patents. We … refer to this behavior as financing innovation with innovation. Drawing on patent collateral data from the US and China, we … US firms, (3) firms increase their borrowing and innovation activities once they start to engage in patent collateral. We …

unleashing golden ages / Carlota Perez -- 3. Innovation, financial activities and the future of the EU / Pier Paolo Saviotti -- 4 …. Innovation and economic performance (industrial and financial) : recent results and questions for future research / Pelin Demirel … -- 8. Innovation policy, innovation and innovation finance co-evolution : the Israeli case and some implications / Morris …

Innovation and finance are in a symbiotic and twin-track relationship: a well-functioning financial system spurs … innovation by identifying and funding stimulating entrepreneurial activities which trigger economic growth. Innovations also open … innovation which, despite its importance, is only barely considered in academia, as well in practice so far. The book is about …