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Finance and innovation

Author

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  • HARTMUT HIRSCH-KREINSEN

    (Dortmund Technical University Dortmund)

Abstract

This paper addresses the relationship between technological innovation and finance. So far, less has been written on the interdependencies between the dynamics of the financial market, patterns of corporate finance and governance on the one hand and company innovation strategies on the other hand. The paper takes up these open questions. It analyses the transformation process of the German industrial innovation system due to the dynamics of the international financial market in the last decades. In conclusion, some general insight into the relationship between finance and innovation beyond the German context will be provided. The paper is based on an extensive literature research in the fields of economic sociology and innovation studies, the analysis of the public debate on the prospects of the current economic development, and preliminary findings of an ongoing empirical research project.

Suggested Citation

  • Hartmut Hirsch-Kreinsen, 2014. "Finance and innovation," Мир новой экономики, CyberLeninka;Федеральное государственное образовательное бюджетное учреждение высшего профессионального образования «Финансовый университет при Правительстве Российской Федерации» (Финансовый университет), issue 3, pages 50-58.
    • Handle: RePEc:scn:031257:16506373
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    File URL: http://cyberleninka.ru/article/n/finance-and-innovation
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