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How Financial Frictions Could Hinder Innovation

How Financial Frictions Could Hinder Innovation

Wharton assistant professor explains why financially-constrained firms must decide between scaling their innovation or pursuing existing ideas.

This Week in Business · Wharton Podcast Network

June 13, 202412m 21s

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Show Notes

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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