Innovation, growth and financial market
DE : Springer
1 - 24 p.
Financial shocks, Connectivity, Value of innovation, Industrial transformation, Schumpeterian approach
We review some of the literature at the intersection of innovation, financial markets, and economic growth. We explore two key questions: (i) How financial markets interact with innovation; (ii) what type of quality transformations are brought about by innovation. A special emphasis is given to questions that stem from the 2008 economic and financial crisis, and to subjects further developed in the articles collected in this issue.