The Nature of financial innovations : a post-Schumpeterian analysis

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2013

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Bulgurluoğlu, Pelin

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This thesis analyzes the nature of financial innovations by taking a post-Schumpeterian approach. The aim of this thesis is to show that Schumpeter’s analysis of entrepreneurial innovation, which takes place in the real economy, proposes also a theoretical framework for understanding the dynamics of financial innovations. Therefore, it suggests that Schumpeterian notion of innovation can be used as a guide in analyzing the dynamics of financial innovations today. In this respect, through the analysis of financial innovations, this thesis should be considered as a post-Schumpeterian description of the evolution of the capitalist system.

Subject Keywords

Finance., Capitalism., Entrepreneurship., Economic development.

URI

http://etd.lib.metu.edu.tr/upload/12616370/index.pdf
https://hdl.handle.net/11511/22923

Collections

Graduate School of Social Sciences, Thesis

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Citation Formats

P. Bulgurluoğlu, “The Nature of financial innovations : a post-Schumpeterian analysis,” M.S. - Master of Science, Middle East Technical University, 2013.