| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1093/icc/dtt019 |
| ISBN | 0960-6491 |
| The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards? | |
| Lazonick, William; Mazzucato, Mariana | |
| 发表日期 | 2013-08 |
| 出处 | Industrial and Corporate Change |
| 出版者 | Oxford University Press |
| 出版年 | 2013 |
| 页码 | 1093-1128 |
| 语种 | 英语 |
| 摘要 | We present a framework, called the Risk-Reward Nexus, to study the relationship between innovation and inequality. We ask the following question: What types of economic actors (workers, taxpayers, shareholders) make contributions of effort and money to the innovation process for the sake of future, inherently uncertain, returns? Are these the same types of economic actors who are able to appropriate returns from the innovation process if and when they appear? That is, who takes the risks and who gets the rewards? We argue that it is the collective, cumulative,and uncertain characteristics of the innovation process that make this disconnect between risks and rewards possible. We conclude by sketching out key policy implications of the Risk-Reward Nexus approach. JEL classification: 014, 015, 031. |
| 特色分类 | H Social Sciences |
| URL | http://sro.sussex.ac.uk/id/eprint/45821/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468192 |
| 推荐引用方式 GB/T 7714 | Lazonick, William,Mazzucato, Mariana. The risk-reward nexus in the innovation-inequality relationship: who takes the risks? Who gets the rewards?. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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