Please use this identifier to cite or link to this item: http://hdl.handle.net/10625/48927
Title: Dynamics of financial innovation system
Authors: Wonglimpiyarat, Jarunee
Keywords: FINANCIAL INNOVATION SYSTEM
FINANCIAL POLICIES
VENTURE DEVELOPMENT
VENTURE CAPITAL
TAX INCENTIVES
ASIA
THAILAND
SCIENCE AND TECHNOLOGY
NATIONAL INNOVATION SYSTEM
Date: 2011
Publisher: Elsevier
Abstract: This article investigates the financial innovation system, a crucial sectoral innovation system underlying the national innovation system, and business finance issues upon start-up financing to support technology and innovation development. The study highlights the importance of US government financing programmes as a successful model of national institutional framework in promoting economic performance and utilizes the case of Thailand to explore the dynamics of the financial innovation system. The paper examines the government policies and financing programmes of major institutions legitimizing technology and innovation financing activities such as the Ministry of Finance,Ministry of Science and Technology andMinistry of Industry. The results provide empirical evidence of the financial innovation system and useful implications for policy makers to strengthen the national capabilities in science and technology.
ISSN: 1047-8310
URI: http://hdl.handle.net/10625/48927
Project Number: 105760
Project Title: Toward Effective Policies for Innovation Financing in Asia
Access: IDRC Only
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