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Greentech Innovation and Diffusion - A Financial Economics and Firm-Level Perspective (Paperback, 2012)
Loot Price: R1,541
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Greentech Innovation and Diffusion - A Financial Economics and Firm-Level Perspective (Paperback, 2012)
Series: Schriften zum europaischen Management
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The world is going green. Sustainable technologies, such as
renewable energy and electric vehicles, are increasingly becoming
part of our daily life. This dissertation fills the ensuing gap by
providing an insight into the emerging German greentech industry,
one of the largest in the world. It develops an integrated and
interdisciplinary theoretical framework in which to assess the
relationships between innovation, growth and financing from a
firm-level perspective; it then tests this framework empirically.
In essence, the study finds that: (1) Innovative activity and
corporate growth depend heavily on the availability of capital. At
the same time, it appears that particularly innovative firms are
more likely to face financial constraints. (2) A lack of funds is
very apparent for around a quarter of the firms investigated and
seems most severe in the early part of the growth state, where
firms focus on commercializing existing products. (3) Government
support programs only partially offset these effects "
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