"Des waerelds doen en doolen, is maar een mallemoolen,"

"Des waerelds doen en doolen, is maar een mallemoolen," engraving from Het Groote Tafereel der Dwaasheid, 1720.

"The actions and designs of the world go round as if in a mill." South Sea bubble financial crisis.

Sunday, September 4, 2011

Financing innovation or speculation




The amazing story of the rise and fall of innovation clusters. Margaret Levenstein's business history perspective proves to be a useful one to distinguish the role of finance in it.

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