Drivers, processes and consequences of financial innovation: A research agenda

Mention, A-L and Torkkeli, M 2012, 'Drivers, processes and consequences of financial innovation: A research agenda', International Journal of Entrepreneurship and Innovation Management, vol. 16, no. 12, pp. 5-29.


Document type: Journal Article
Collection: Journal Articles

Title Drivers, processes and consequences of financial innovation: A research agenda
Author(s) Mention, A-L
Torkkeli, M
Year 2012
Journal name International Journal of Entrepreneurship and Innovation Management
Volume number 16
Issue number 12
Start page 5
End page 29
Total pages 25
Publisher Inderscience
Abstract It is self-evident that financial innovation is a key player in the contemporary economy. However, its significant importance has largely been overlooked in innovation studies. To fill up this gap, and through an interdisciplinary approach, this article details a research agenda for innovation in financial services. It reviews the 'what', 'why' and 'how' of financial innovation in order to clarify all the ambiguities surrounding its nature, creation, purpose and impact. Specifically, the article investigates its definition and distinguishing features, its key determinants, its supporting processes, and finally its effects, mainly at firm-level. Therefore, the article opens the black box of financial innovation and uncovers its peculiarities in order to understand how it occurs when innovation is considered both as an 'outcome' of financial innovation and a 'process' supporting its creation.
Subject Innovation and Technology Management
Keyword(s) Determinants
Financial innovation
Financial services
Impact
Innovation
Literature review
Processes
Research agenda
DOI - identifier 10.1504/IJEIM.2012.050441
Copyright notice Copyright © 2012 Inderscience Enterprises Ltd.
ISSN 1368-275X
Versions
Version Filter Type
Citation counts: Scopus Citation Count Cited 15 times in Scopus Article | Citations
Altmetric details:
Access Statistics: 143 Abstract Views  -  Detailed Statistics
Created: Tue, 07 Mar 2017, 08:47:00 EST by Catalyst Administrator
© 2014 RMIT Research Repository • Powered by Fez SoftwareContact us