

How Financial Frictions Could Hinder Innovation
Jun 13, 2024
Wharton Assistant Professor Thomas Winberry discusses how financially constrained firms must balance investing in existing ideas versus pursuing new ones. The podcast explores the impact of financial frictions on growth, the relationship between frictions and policies, and the implications of reducing frictions for firm growth.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 3min
Balancing Investment and Innovation for Firms
02:54 • 3min
Exploring the Impact of Financial Frictions on Growth and Innovation
05:33 • 3min
Exploring the Relationship Between Financial Frictions, Policies, and Economic Growth
08:13 • 2min
Implications of Reducing Financial Frictions and Practical Growth Policies
10:07 • 2min