Financ­ing the Future: Mar­ket-Based Inno­va­tions for Growth

Franklin Allen and Glenn Yago
  • From the Publisher
March 8, 2013

Financ­ing the Future presents clear, thor­ough dis­cus­sions of the cur­rent role of finan­cial inno­va­tion in cap­i­tal­iz­ing busi­ness­es, indus­tries, break­through tech­nolo­gies, hous­ing solu­tions, med­ical treat­ments, and envi­ron­men­tal projects. It also presents a full chap­ter of lessons learned: essen­tial insights for sta­bi­liz­ing the econ­o­my and avoid­ing pitfalls.

Dis­tin­guish­ing gen­uine inno­va­tion from dan­ger­ous copycats

Craft­ing sus­tain­able finan­cial inno­va­tions that add val­ue and man­age risk

The best tools for the job: choos­ing them, cus­tomiz­ing them, using them

Select­ing the right instru­ments and struc­tures, and mak­ing the most of them

Finan­cial inno­va­tions for busi­ness, hous­ing, and med­ical research

Find­ing new and bet­ter ways to pro­mote entre­pre­neur­ship and advance social goals

Inno­vat­ing to save the plan­et and help humanity

The pow­er of finance to pro­tect nat­ur­al resources and alle­vi­ate glob­al poverty

This is the first in a new series of books on finan­cial inno­va­tion, pub­lished through a col­lab­o­ra­tion between Whar­ton School Pub­lish­ing and the Milken Insti­tute. Future titles will focus on spe­cif­ic pol­i­cy areas such as hous­ing and med­ical research.

The Milken Insti­tute is an inde­pen­dent eco­nom­ic think tank whose mis­sion is to improve the lives and eco­nom­ic con­di­tions of diverse pop­u­la­tions in the Unit­ed States and around the world by help­ing busi­ness and pub­lic pol­i­cy lead­ers iden­ti­fy and imple­ment inno­v­a­tive ideas for cre­at­ing broad-based pros­per­i­ty. It puts research to work with the goal of revi­tal­iz­ing regions and find­ing new ways to gen­er­ate cap­i­tal for peo­ple with orig­i­nal ideas.

Discussion Questions