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Powerful Finance and Innovation Trends in a High-Risk Economy
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ISBN
:
9780230553590
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Publisher
:
Palgrave Macmillan
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Subject
:
Finance & Accounting, Economics
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Binding
:
HARDCOVER
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Pages
:
320
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Year
:
2008
₹
9576.0
₹
9576.0
9576.0
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Description
In the 1970s, the large size of enterprises was one of the symbols of the mass production system's rigidity. The second symbol was state interventionism--blamed for the economic difficulties of the period: growing unemployment and upsurge of inflation. Globalisation is characterised by the predominance of deregulated finance ("big finance") over economic activities. Between free enterprise capitalism and monopoly capitalism stands finance-based capitalism. The financial sphere is mobilised to promote variety and reinforce selection.This book presents in its first part the financial determinants of innovation processes considered in a macro-economic perspective, which are limited byshort-term constraints and studies in its second part the linkages existing between the necessity to innovate in order to survive and the constant attention given to financial results.
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