Vladimir Cvijanovic Livres

The financing of innovations is observed through a systemic perspective using the framework of national systems of innovation (NSI), corporate governance and the financial system. They are all together influenced by culture and social capital. After the literature on economics of innovation, theory of the firm and financial theory is reviewed the financing of innovations is conceptualised by putting the firm with its innovative performance in focus. The concept is then applied to the empirical qualitative and quantitative analysis that covers NSIs and cases of high-technology small and medium-sized enterprises in Hungary, Slovenia and Croatia.

Cognitive capitalism is considered to be a new stage in the historical evolution of capitalism which is undergoing a metamorphosis affecting most of the laws and tendencies characteristic of industrial capitalism. This raises a series of issues tackled in the theoretical part, especially regarding the increased importance of cognitive work and the new composition of the labour market that influence the determinants of the value of goods, the structure of welfare, and the forms of income distribution. A historical analysis is applied to describe the evolution of cognitive capitalism and its endogenous, potentially destabilising, dynamics. The empirical part analyses the diffusion of cognitive capitalism in the former socialist countries of South-Eastern Europe and elsewhere.