Trading of Innovations to Combat Globalization and Climate Change
AbstractWe know that innovation is vital to economic prosperity, especially over the past century. Can we now treat innovation as a commodity that can be traded in the financial markets? The authors propose an innovation derivative that can improve returns for investors in new pipelines of ideas.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Challenge.
Volume (Year): 51 (2008)
Issue (Month): 5 (September)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043
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