WP 2 Final Policy Report

Mariana Mazzucato
Work package: 
WP 2
Publication number: 
01 February 2012

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.

FINNOV DP2.5168.0 KB