| 来源类型 | Reports and working papers |
| 规范类型 | 报告 |
| Survey of the literature on innovation and economic performance. | |
| Mazzucato, Mariana; Demirel, Pelin | |
| 发表日期 | 2009 |
| 出版者 | FINNOV |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Despite very strong differences in their treatment of technological change in economic theory, both the neoclassical and the more Schumpetarian (and evolutionary) economic approaches often assume that market selection rewards the most innovative firms. However, despite such strong assumptions, empirical evidence on whether innovative firms perform better than non-innovative firms remains inconclusive. If innovators do not grow more, does this imply that market selection fails? And does the different impact of innovation on industrial performance (measured by firm growth and profitability) and financial performance (measured by market value and stock returns) signal differences in how industrial and financial markets react to firm level efforts around innovation? This discussion paper reviews the literature on the interaction between innovation and economic/financial performance, and outlines the way that work within FINNOV Work Package 2 (SELECTION), Co-Evolution of Industry Dynamics and Financial Dynamics, will contribute to better understanding this interaction. |
| URL | http://sro.sussex.ac.uk/id/eprint/22003/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/466517 |
| 推荐引用方式 GB/T 7714 | Mazzucato, Mariana,Demirel, Pelin. Survey of the literature on innovation and economic performance.. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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