Many policy initiatives have already been taken in this respect, ranging from the establishment of “bad banks” to injections of capital and government guarantees’ for bank debt. Of course, the liquidity policy of the Eurosystem has played a crucial role in supporting the financing of the overall economy since August 2007.
Another aspect of relevance in the present circumstances is Technology Management. As we are aware, Technology Management is a subset of management discipline that allows organizations to manage their technological resources to create competitive advantage. Each organization has to decide its strategy, possibly, by identifying emerging technologies to suit business and market needs. 22.