Innovation is the main driver of long-term economic growth. The accumulation of capital, whether in the form of physical assets such as plants and equipment, or through better human capital, cannot indefinitely sustain growth unless new products, services, processes, and/or business models are developed and implemented. This paper describes the actors involved and the types of funding available at different stages of the innovation process, the rationales...
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2012/01/01
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91713
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1
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1
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2015/11/24
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Disclosed
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Financing business innovation : review of external sources of funding for innovative businesses and public policies to support them
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innovation process
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