Financial Institutions for Innovation and Development (FIID)

On June 27-28, Bill Lazonick is running a conference on Financial Institutions for Innovation and Development at the Brazilian Development Bank in Rio de Janeiro:

The FIID project studies the types of financial institutions – in terms of their governance, organization, and operation – that support innovation at the level of the business enterprise, and the implications for stable and equitable growth at the level of the economy as a whole. By generating higher quality, lower cost products, innovation creates the possibility for growth in per capita incomes. That growth, however, may be unstable over time and inequitably distributed across the population. A prime challenge for policy-makers concerned with economic development is to structure financial institutions so that they support innovation in ways that contribute to stable and equitable growth.

Click for Financial Institutions for Innovation and Development Website