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L’innovation, parent pauvre du déferlement de liquidités mondial

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  • Christophe Bavière

Abstract

As liquidities have never been so abundant worldwide, very few of them are invested in financing innovation. This is especially true in Europe. If governments have tried to direct these capital flows towards innovative firms and projects, flows remain scarce and modest. This is really a matter of concern because innovation is at the root of tomorrow?s growth and Europe now has to act quickly if it does not want to lie far behind the United States in the future. Classification JEL: G24, O31.

Suggested Citation

  • Christophe Bavière, 2015. "L’innovation, parent pauvre du déferlement de liquidités mondial," Revue d'économie financière, Association d'économie financière, vol. 0(2), pages 159-170.
  • Handle: RePEc:cai:refaef:ecofi_118_0159
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    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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