In 1982, Schumpeter outlines his theory of real competition in which
technological innovation is not only a competitive weapon to conquer new markets, but also
mainly responsible for structural changes through the process of creative destruction. He has
in mind that the capitalist economy is, above all, an evolutionary economics in which
technological innovations, such as new forms of combinations of means of production, are
inducers of capitalist economic development. In this context, the economic terms of
employment of productive resources, drawn from conventional uses coming up with one point
in new uses hitherto untested in practice, able to produce new products and production
processes through new combinations of material and productive forces, that is, technological
innovations, ie economic development in the Schumpeterian sense is a distinct phenomenon
and entirely foreign to what can be observed in the circular flow or in the tendency to
equilibrium, since starting on producer and not the consumer, despite its importance. In this
context, the main objective of this article is to highlight the specificity of funding investments
in technological innovations.
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