Titlebook: Entrepreneurship, the New Economy and Public Policy; Schumpeterian Perspe Uwe Cantner,Elias Dinopoulos,Robert F. Lanzillotti Conference pro

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Risk, variety and volatility: growth, innovation and stock prices in early industry evolution,, the US automobile industry from 1900–1930, and a new economy industry, the US PC industry from 1974–2000. In both industries, firm growth rates are more volatile in the period in which innovation is the most “radical”. This is also the period in which stock prices are more volatile. The comparison

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只看該作者 · 發(fā)表于 2025-3-29 23:53:51

Capital in the new economy: A Schumpeterian perspective,nventional finance, based on the Fisher-Hirshleifer analysis, is defined as postponed consumption and investment is defined as a trade-off between consumption now and in the future. This paper argues that a more satisfactory explanation of the relationship between investment and capital was develope

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