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Innovation between Risk and Reward Set
coordinated by
Bernard Guilhon and Sandra Montchaud
Volume 7
Innovation and Financial Markets
Christophe Dispas
Georges Kayanakis
Nicolas Servel
Ludmila Striukova
First published 2021 in Great Britain and the United States by ISTE Ltd and John Wiley & Sons, Inc.
Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act 1988, this publication may only be reproduced, stored or transmitted, in any form or by any means, with the prior permission in writing of the publishers, or in the case of reprographic reproduction in accordance with the terms and licenses issued by the CLA. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned address:
ISTE Ltd
27-37 St George’s Road
London SW19 4EU
UK
John Wiley & Sons, Inc.
111 River Street
Hoboken, NJ 07030
USA
© ISTE Ltd 2021
The rights of Christophe Dispas, Georges Kayanakis, Nicolas Servel and Ludmila Striukova to be identified as the authors of this work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988.
Library of Congress Control Number: 2021930258
British Library Cataloguing-in-Publication Data
A CIP record for this book is available from the British Library
ISBN 978-1-78630-066-9
Foreword
I did not hesitate in agreeing to write a few words in the foreword for a magnificent book on innovation and financial markets.
This is a major issue in Europe, and not only in France, in the 21st century, which has seen the brainpower revolution follow the industrialization revolution, which has been going on for two centuries, replacing the 2000-year-old agricultural revolution that led to the sedentarization of humans after the harvest period.
Innovation is developing massively with numerous advances in higher education and the rise of negative reactions against the excessive extraction of natural resources and raw materials, which deplete the planet’s resources and require ecology and economy to cooperate.
The issue of innovation and financial markets is all the more important as we are in old Europe, with good human resources, education, creativity and innovation, but lagging behind in the transition from ideas to products that ensure the creation of wealth and jobs.
The brainpower revolution that is developing is only achieved through a channel of complex operations that are not limited to ideas and projects, but encompass a whole series of operations that the book analyzes, with method and accuracy as the criteria being observed.
Before a “start-up” (Americanism) project led by a small team can allow entrepreneurs to enter financial markets, multiple steps must be taken.
The authors have analyzed the criteria and present them in their innovative book. The final bibliographical references of these pages demonstrate this.
A crucial remark: global competition means that a good idea and a good project must come to fruition quickly and be protected.
While
