Finnov Final Policy Brief (Reforming A Dysfunctional System)

FINNOV is a 3 year EC funded research project that studies the relationship between financial markets and the real economy, with an emphasis on how finance can support innovation and long term, inclusive, sustainable economic growth.

The project has explored how the financial sector has created dysfunctional incentives and opportunities across a range of sectors that can undermine productive investment. This dysfunction goes beyond simple short-termism, to situations where unproductive value extraction is encouraged at the expense of value creation.

Website:

Pages:

13

Place:

London, UK

Author:

Mariana Mazzucato

Date:

February 1, 2012

Media Type:

Report

Category:

Public Policy, Social Innovation