Much of the literature on venture capital (VC) investment focuses on the impact of such investment on firm performance. Although some studies consider the link between VC investment, innovation, and economic growth (usually ...
Over the last 5 decades, the economic landscape in Europe has been transformed rapidly due to innovation, digitisation of the economy, and emergence of new sources of growth. However, the complex dynamics among diffusion ...
Using a panel vector auto-regressive model, we study interactions between innovation,
financial development and economic growth in 18 Eurozone countries between 1961
and 2013. We focus on whether causality runs between ...
