Technological Innovation and Finance Preference: A Firm Level Comparison

摘要：

Since most financial comparing research neglect technological innovation activities that are critical to economic growth, we try to concentrate on comparison between market-based financial system and bank-based financial system of their functions to technological innovation activities of firm level.We bring out a comparative framework of three dimensions: risk dispersion, information processand corporate governance. After the description of the framework, we do some initial comparativeanalysis that hopefully could enlarge the research scope of comparative analysis of financial structures.

关键词： Financial Structure Comparison Technological Innovation Firm

作者: WANG Li ZHANG Yi

作者单位: Zhejiang University of Technology 310023

会议类型: 国际会议

会议名称: The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)

会议地点: 杭州

会议语种:英文

页码: 211-216

在线出版日期: 2008-05-18（万方平台首次上网日期，不代表论文的发表时间）