Trading of Innovations to Combat Globalization and Climate Change
Challenge: The Magazine of Economic Affairs, Vol. 51, Issue 5, pp. 70-83, September 2008
Posted: 21 Jan 2009 Last revised: 20 Dec 2013
Date Written: January 21, 2009
Abstract
We know that innovation is vital to economic prosperity, especially over the past century. Can we now treat innovation as a commodity that can be traded in the financial markets? The authors propose an innovation derivative that can improve returns for investors in new pipelines of ideas.
Keywords: Globalization, Global-Warming, Financial Derivative, Innovation, GDI
Suggested Citation: Suggested Citation
Rao, Balkrishna C., Trading of Innovations to Combat Globalization and Climate Change (January 21, 2009). Challenge: The Magazine of Economic Affairs, Vol. 51, Issue 5, pp. 70-83, September 2008
, Available at SSRN: https://ssrn.com/abstract=1330745
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