Abstract: Work Package 2 (SELECTION) was devoted to exploring the co-evolution between industry dynamics and financial dynamics. The stock market's valuation of innovative vs. non-innovative firms affects resource allocation in the economy, and therefore represents a key transmission mechanism from finance to the real economy. WP 2 also focused on this interplay between firm level innovation and financial performance.
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FINNOV DP2.5 | 168.0 KB |