How Financial Frictions Could Hinder Innovation
- Author
- This Week in Business
- Published
- Thu 13 Jun 2024
- Episode Link
- https://knowledge.wharton.upenn.edu/podcast/wharton-business-daily-podcast/how-financial-frictions-could-hinder-innovation/
Wharton Assistant Professor Thomas Winberry joins the show to discuss his recent study, which reveals that financially constrained firms face a trade-off between investing in existing ideas and pursuing new ones.
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