To see the other types of publications on this topic, follow the link: Financial innovation.
Dissertations / Theses on the topic 'Financial innovation'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 dissertations / theses for your research on the topic 'Financial innovation.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse dissertations / theses on a wide variety of disciplines and organise your bibliography correctly.
1
Blanco, José C. "Financial Innovation." DigitalCommons@USU, 1996. https://digitalcommons.usu.edu/etd/3912.
Full textAbstract:
This dissertation was a study of the impact of financial innovation upon financial institutions and some of the collateral macroeconomics effects. Financial innovation has impacted the distribution of household assets throughout the Group of Seven (G-7) countries and indirectly negatively influenced the usage of traditional monetary aggregates as a reliable tool to forecast the growth in the domestic money supply between 1960 and 1990.
The empirical results indicate that the adoption of financial innovations by large U.S. commercial banks has not influenced their return on equity and the return of assets between 1990 and 1994. The variability of the return on equity and return on assets is reduced by those banks that have incorporated financial innovations over time.
The policy implications of these results indicate that sufficient market instruments exist to assist banks to control interest rate exposure caused by the volatility of interest rates and uncertain funding sources. Any intervention by regulatory authorities could be welfare-decreasing for banks and possibly increase the level of interest rates or reduce the supply of credit to prospective borrowers.
2
Arthur, Keren Naa Abeka. "Governance of financial innovation." Thesis, University of Exeter, 2015. http://hdl.handle.net/10871/18906.
Full textAbstract:
The power of financial innovations to impact societies at global scales compels us to ask how innovation occurs, how it is governed and how to support the responsible initiation and emergence of such innovation in society. This thesis focuses on investigating and comparing current approaches to, and limitations of, the governance of financial innovation and perceptions of responsible financial innovation in three very different institutional settings: a large, global asset management company; a SME developing disruptive, technology - related platforms and services based on big data and associated analytics supporting customer relationship management in the banking and retail sectors; and a global insurance broker. To date there has been almost no published empirical research into the processes and governance of financial innovation in such corporate settings. The initial hypothesis that financial innovation is not governed (internally, externally) was not supported by the empirical data: rather these suggest the existence of formal and informal mechanisms for innovation governance. As suggested in the literature, financial innovation was observed to be largely incremental in nature and involve multiple stakeholders, co-ordinated internally by an ‘innovation owner’ (e.g. an individual, a group of individuals or a department). The research suggests that while there is broad statutory (regulation) and non-statutory governance of the financial sector, there is limited direct regulation of financial innovation per se. Despite this, contextual regulation (e.g. EU) and industry standards set an important governance frame within which innovation was observed to occur, complemented by a range of organizational innovation governance approaches, which ranged from completely informal, ad hoc (‘de facto’) processes to formal staging innovation management tools. It was not possible to generalize across sectors, emphasizing the need for more empirical work in other organizations in order to understand innovation management and governance across the financial sector as a whole. Responsible financial innovation is an emerging concept associated with a very small body of academic literature. The case study data show responsible financial innovation to be perceived as an ‘interpretively flexible umbrella’ term, underpinned by a value system that leads to quantifiable positive outputs (e.g. creating customer satisfaction). The research suggests that several ‘competencies’ (e.g. compliance, learning, communication, monitoring, and ownership) were perceived as relevant to responsible financial innovation by respondents. Themes emerging from the study mirrored to some extent the seven framings suggested by Armstrong et al. (2012) and Muniesa and Lenglet (2012) and the four dimensions of responsible innovation proposed by Owen et al. (2013); these however were very narrowly framed, especially with regard to second-order reflexivity (e.g. on the normative purposes and functions of finance in society). While dimensions of anticipation, reflection, deliberation and responsiveness (Owen et al., 2013) were evident to varying degrees in the cases these were narrowly configured (e.g. around ethics of data monetization, or on anticipation of operational risks), with deliberation often being internally focused, or including only a limited range of external stakeholders. These observations cause me to argue that current mechanisms for governing financial innovation are not sufficiently robust to support their responsible emergence in society. I conclude that any framework for responsible financial innovation should endeavor to broaden the scope for stakeholder engagement and make use of multi-level governance mechanisms (including committees in the innovation and governance process), while continuing to acknowledge the importance of contextual legislation in the framing of innovation trajectories. I recommend the initiation of a cross sector and independent institution for systematic financial innovations assessment, the establishment of formal cross-sector fora and communication channels to facilitate engagement with external stakeholders, and the codification of responsible financial innovation competencies into contextual legislation.
3
Alamad, Samir. "Financial innovation and engineering in Islamic financial institutions." Thesis, Aston University, 2016. http://publications.aston.ac.uk/28659/.
Full textAbstract:
Drawing from work found in the financial innovation literature, the main objective of this research is to explore the effect of religious orientation towards financial innovation and engineering in Islamic Financial Institutions (IFIs). The research also examines what constitutes this religious orientation and how it is enacted in the innovation process. Religious orientation towards financial innovation is conceptualised and defined, as a system, in this research study. In order to achieve this objective, the study employs multiple theoretical perspectives to develop its theoretical framework. It combines innovation orientation theory with the theory on boundary objects to explore the role of religion in the financial innovation processes in IFIs. Religious orientation towards financial innovation and the role of Shariah as a shared boundary object is portrayed as a multidimensional knowledge and philosophical structure. This qualitative study provides two important theoretical contributions to existing theories in the innovation literature. First, it extends the existing literature of innovation orientation to a completely new field and construct that is based on a religious imperative as a framework within which financial innovation is constrained. It explains how an innovation orientation in IFIs can be directed within religious rules, which indicates that innovation orientation in IFIs is a learning philosophy. Second, the research introduces and examines the plasticity of Shariah as a shared boundary object and its dynamic role in managing tension and conflicting values in the financial innovation process. Furthermore, building on the empirical results, the study illustrates the insights that each theoretical lens affords into practices of collaboration and develops a novel analytical framework for understanding religious orientation towards financial innovation. This practical contribution, of the developed framework, could form the basis for a standardised framework for the Islamic finance industry. The study concludes by noting the policy and managerial implications of its findings and provides directions for further research.
4
O'Sullivan, Róisín. "Financial innovation and monetary policy." The Ohio State University, 2002. http://rave.ohiolink.edu/etdc/view?acc_num=osu1261399151.
Full text
5
O'Sullivan, Roisin. "Financial innovation and monetary policy /." The Ohio State University, 2002. http://rave.ohiolink.edu/etdc/view?acc_num=osu1486462702464464.
Full text
6
Vallée, Boris. "Three Essays on Financial Innovation." Thesis, Jouy-en Josas, HEC, 2014. http://www.theses.fr/2014EHEC0008/document.
Full textAbstract:
Cette dissertation est constituée de trois chapitres distincts, qui visent à analyser empiriquement l'innovation financière dans des champs différents: la finance des ménages, la finance publique, et le secteur financier. Le premier chapitre, effectué en collaboration avec Claire Célérier, analyse la complexité croissante des produits financiers offerts aux investisseurs particuliers et suggère que cette complexité est utilisée par les banques pour réduire la pression concurentielle.Le deuxième chapitre, écrit avec Christophe Pérignon, porte sur les emprunts toxiques émis par les collectivités locales, et comment leur utilisation s'inscrit dans un système d'incitation politique. Le troisième chapitre étudie en quoi l'adoption d'un type d'obligations innovantes représentant un capital conditionnel, peut contribuer à solutionner le dilemne sur le levier bancaireThis dissertation is made of three distinct chapters that empirically investigate financial innovation in different fields: household finance, public finance and financial institutions. The first chapter presents a work joint with Claire Célérier,analyzing the growing complexity of retail structured products, and how bank use complexity to mitigate competitive pressure.The second chapter, joint with Christophe Pérignon, studies how local governments strategically use toxic loans according to their political incentives. The third chapter explores the effects of exercising contingent capital, and how these instruments can contribute to solving the bank leverage dilemna
7
O'Sullivan, Róisín. "Financial innovation and monetary policy /." Connect to resource, 2002. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1261399151.
Full text
8
Labán, Raúl. "Essays on financial innovation and stabilization." Thesis, Massachusetts Institute of Technology, 1992. http://hdl.handle.net/1721.1/13224.
Full text
9
Roxo, da Fonseca Gustavo J. C. (Gustavo José Costa) 1967. "Technology innovation in financial services industry." Thesis, Massachusetts Institute of Technology, 2004. http://hdl.handle.net/1721.1/17891.
Full textAbstract:
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 2004.Includes bibliographical references (leaves 96-98).
Over the last few decades, we have seen an enormous evolution in the financial services industry driven by technology innovations. Indeed, we cannot imagine the current financial system without electronic fund transfers, ATMs, and Internet banking among many other innovative implementations. In fact, the financial services industry is the largest market to IT suppliers which makes the financial providers the preferred partners in many technological innovations such as mobile technologies, security devices and customer relationship management (CRM) tools. Although the importance of technology innovation is clear in transforming the financial services industry, we do not often find organizations getting sustainable competitive advantage though technology innovation. In fact, in most cases, financial providers have just been focused on being as good as the competition in terms of technology innovation, neglecting any sophisticated technology strategy that could enable them to primarily capture the value created by internal innovative ideas. The goal of this research is to evaluate the stage of technology innovation in the financial services industry, its strategic relevance to the organizations, and its governance models. Based on the information gathered through reviewing relevant literature and interviewing people involved with technology and financial services, our work will propose some technology strategies that could improve the effectiveness of innovation to different types of financial providers.
by Gustavo J.C. Roxo da Fonseca.
M.B.A.
10
Абрютіна, Анастасія Вікторівна, Анастасия Викторовна Абрютина, and Anastasiia Viktorivna Abriutina. "Financial providing of enterprises' innovation activity." Thesis, Сумський державний університет, 2012. http://essuir.sumdu.edu.ua/handle/123456789/28678.
Full text
11
Abryutina, A. V. "Financial management of firm's innovation activity." Thesis, Sumy State University, 2014. http://essuir.sumdu.edu.ua/handle/123456789/45226.
Full textAbstract:
In modern informational society and dynamic business environment innovation is the only factor which can sustain long-run growth of certain country under the influence of global development gap, rapidly changing customer needs, high level of market competition. Besides it not only governments but more and more firms are realizing the importance of innovation to gain competitive advantage. Obviously, they are engaging themselves in various innovative activities, ranging from manufacturing processes, product improvement, and brand building initiatives. Firms are creating new products, solutions and services that provide a radically better experience for the consumers.
12
Cunha, Byström Daniel. "Financial Crisis as an Innovation Determinant." Thesis, Uppsala universitet, Nationalekonomiska institutionen, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-448055.
Full textAbstract:
This paper examines the effect of the 90s financial crisis in Sweden on patent quantity and attempts to determine the potential mediating role that institutions of higher education may play. The empirical design consists of adifference-in-differences model which relies on cross-municipality variation in crisis exposure, which is defined asthe percentage of employment loss during the crisis years, 1991-1993. The results suggest that the crisis did not significantly affect the overall number of patents issued; however, Innovation significantly increased in municipalities with an above-median college attendance rate. Additionally, I find that municipalities with access to institutions of higher education were also positively affected by the crisis in terms of patent quantity. Both these results indicate that government policy to expand access to higher education institutions may in fact facilitate innovation activity during times of financial crisis.
13
Carlson, Stacy(Stacy Lynn). "Essays in financial innovation and development." Thesis, Massachusetts Institute of Technology, 2018. https://hdl.handle.net/1721.1/122051.
Full textAbstract:
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, 2018
Cataloged from student-submitted PDF version of thesis. "Some pages in the original document contain text that runs off the edge of the page"--Disclaimer Notice page.
Includes bibliographical references.
In this thesis, I use rich individual- and household-level data to explore the impact of different forms of financial innovation on development outcomes in Africa. Chapters 1 and 2 utilize data from a digital lender that provides credit over mobile phones. Chapter 1 presents novel evidence on the magnitude of consumer liquidity constraints and the relative importance of the various forms of asymmetric information that may contribute to them. I find that borrowers almost always take out the maximum credit line available to them, consistent with short-term liquidity constraints. I then use quasi-experimental variation in credit policies across individuals and time to estimate the relative magnitude of selection and incentive effects among new borrowers. I find that information asymmetries go a long way toward explaining high observed default rates. Chapter 2, my job market paper, explores the impact of dynamic incentive schemes on borrower behavior in the digital credit market. I use a series of quasi-experiments induced by policy nonlinearities to estimate the effect of progressive lending policies on borrower repayment decisions. I find that new borrowers who receive a larger initial loan are more likely to default on that loan. By contrast, repeat borrowers who receive a larger loan (relative to their previous loan) are actually less likely to default. I provide evidence that this reflects a strategic repayment motive, whereby borrowers repay in order to get access to larger loans in the future. Chapter 3, written with Yu Shi, uses household-level data from a panel survey in Nigeria to explore the relative importance of formal versus informal finance. We find that informal financial markets remain important and are quite effective in enabling consumption smoothing by lower-income households and businesses in Nigeria.
by Stacy Carlson.
Ph. D.
Ph.D. Massachusetts Institute of Technology, Department of Economics
14
Å, hashi Kazuhiko. "Essays on the theory of financial innovation." Thesis, Massachusetts Institute of Technology, 1993. http://hdl.handle.net/1721.1/12656.
Full text
15
Musarurwa, Hillary Jephat. "Business modelling for inclusive financial services: How to enhance access to financial services for marginalised youth." Master's thesis, University of Cape Town, 2015. http://hdl.handle.net/11427/19890.
Full textAbstract:
The aim of this research was to develop a business model that will enhance the access to financial services by marginalised youth. In order to develop such a relevant business model it was necessary to understand the needs and challenges being faced by targeted clients in using and accessing formal financial services. Accessing such services will help them build assets in the long term, smooth cashflow and make savings as they transition from childhood to adulthood. Currently there are a number of barriers compounding financial exclusion and thus increasing the inequality gap. The study applied design thinking and systems thinking tools to undertake business model innovation and come out with a plausible alternative financial services model for youth and immigrants in Zimbabwe and South Africa respectively. Qualitative and quantitative research methods were applied to unpack the financial services needs of youth and how they are currently accessing service. An ethnographic approach as well as snowballing were applied in order to get to the respondents. Covert observations were done at a construction site in a bid to collect the immigrants' silent narrative of how they got to South Africa and are surviving from day to day. The research discovered that Zimbabwean youth residing in Zimbabwe and those who have migrated to South Africa are financially excluded yet they need financial services. It also discovered that there are business models being applied globally and in South Africa that are aimed at closing the financial exclusion gap. The study concluded that it is possible to have a business model that aims at serving youth, more so immigrants in South Africa, and provide them with low cost products that have a social impact on their livelihoods
16
Hrušovská, Petra. "Analýza inovačních procesů ve Společnosti Provident Financial, s.r.o." Master's thesis, Vysoká škola ekonomická v Praze, 2015. http://www.nusl.cz/ntk/nusl-201729.
Full textAbstract:
The diplomas thesis is focused on innovation processes in Provident Financial s.r.o., company The main aim of this thesis is analysis of innovation processes and recommendation for its management. The support goal of this thesis is to analyse innovation environment in the company. The benefit from student will be the analysis of specific innovation processes, its assessment and concrete proposal for its managing in company.
17
Ali, Ahmed F., Vargas Carlos Yalta, and Mohammed Fakhouri. "Innovation Gene: the relationship between financial performance and communicating innovation in mission statement." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-388050.
Full textAbstract:
Mission statement is important to companies, especially as a strategic communication tool with stakeholders. Innovation is also important to companies and has its implications on performance. This study examines the relationship between financial performance and explicitly communicating innovation in mission statement. The study uses a quantitative approach with logistic regression to test empirical hypotheses related to revenues, profits, change in assets and market value, and their relationship with explicitly communicating innovation in mission statements. The conclusion is that among all the financial performance indicators considered, only market value represents a strong and significant result, indicating a positive relationship with explicitly communicating innovation.
18
Harborne, Paul. "Leading successful product innovation in consumer financial services." Thesis, City University London, 2000. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.340459.
Full text
19
Abryutina, A. V. "Optimization of financial providing of enterprises' innovation activity." Thesis, Sumy State University, 2014. http://essuir.sumdu.edu.ua/handle/123456789/45225.
Full textAbstract:
The recent financial instability in Ukraine and modern global tendencies in world economy have caused the necessity to find new financial recourses for innovation and investment activity of every competitive enterprise. Furthermore, the possibilities of self-financing and attraction of budgetary means, internal and external investments, banking credits, venture capital etc. are limited. This process is not only problematic, but expensive, risky and demanding highly experienced personnel. Besides it, every enterprise wants to receive maximum profit on the assumption of minimum costs. Thus the necessity to optimize the financial providing of enterprises’ innovation activity is obvious, and chosen direction of scientific research is topical enough.
20
Janíčko, Martin. "Essays on Financial Innovation, Credit Constraints, and Welfare." Doctoral thesis, Vysoká škola ekonomická v Praze, 2010. http://www.nusl.cz/ntk/nusl-165930.
Full textAbstract:
The submitted thesis is composed of three different articles dealing with issues of financial innovation, credit constraints, and their impact on welfare. The first article treats the contemporary theoretical grasp of the interaction between the financial and real economies, focusing primarily on the role of modern financial innovation in the business cycle. For this purpose, a framework promoted by the Regulation School and Post Keynesians is frequently employed, whilst some other unorthodox streams and mainstream economics are partially discussed as well. All of them aspire -- either per se or under the pressure of the contemporary economic agenda -- to clarify the evolution of financial innovation and credit in the recent era. It is generally found that certain consensus across the schools of economic thought exists, but some of them have done a better job in predicting the consequences of the financial innovation for real economic activity than others. Further, two dynamic macroeconomic models are developed in order to, inter alia, identify the possible effects of extended credit availability presented in the former article on the example of the housing market, and simulate the effects of housing price changes on general welfare. Clearly, this part of the thesis exhibits the indirect consequences of financial innovation as, once again, being rather ambiguous: after having partially unleashed the unprecedented credit granting in the economy, impacting interest rates and loan-to-value ratios, with a subsequent impact on housing prices, it has also influenced credit constrained and unconstrained households in a different manner. Based on an analysis of the situation using partial and general equilibrium analytical frameworks, two somewhat different conclusions are drawn up with respect to the occurrence of various shocks in the models. Under the partial equilibrium framework the effects of relaxation of credit constraints are visible and quite straightforward, indicating relatively simple and intuitive relationship between the price appreciation and general welfare. This is primarily perspicuous for the credit constrained households. In the general equilibrium framework, on the other hand, the transitional dynamics of shock proliferation is more transparent and the impact on credit constrained vs. unconstrained households is more ambiguous and much different from the basic intuition used in the article anchored in the partial equilibrium toolbox.
21
Matharu, Amiteshver, and Demijan Panic. "How can technological innovation reduce the need of financial literacy in financial planning?" Thesis, Blekinge Tekniska Högskola, Institutionen för industriell ekonomi, 2020. http://urn.kb.se/resolve?urn=urn:nbn:se:bth-20080.
Full textAbstract:
Increasingly more people lack the basic financial knowledge that would help them plan for their future. One aspect of it is not being aware of the long-term benefit of investing in the stock market. Increasing financial literacy with better financial education is a long-term solution. In the meanwhile, there is room for technological innovation to reduce the need for financial literacy which has not been covered by previous research and is therefore the topic of this research. More specifically, this study examines how financial literacy can be reduced in financial planning for households by helping them setting up a stable financial future. A case study method was used to choose three web-based robotized products and evaluate how they scored in mitigating three identified barriers to stock market participation. The result demonstrated that choosing any of the three products significantly reduced the need of financial literacy since they all scored high. In conclusion, these types of technological products can help not only the financially illiterate but also those who want to delegate the task of planning for their financial future.
22
Coetzee, Eduard. "Transformation in South African rugby: ensuring financial sustainability." Master's thesis, University of Cape Town, 2017. http://hdl.handle.net/11427/25100.
Full textAbstract:
This dissertation investigates the development of South African rugby franchises into inclusive and successful business models. An analysis of the current financial business models for rugby in South Africa, using the Sharks (Pty) Ltd as the case study for the research, compared with similar international professional rugby franchises in overseas countries, was conducted so as to formulate a sustainable business model. In order to do so, the research focused on three major areas: transformation in rugby, rugby as a business and player exodus. Inclusive innovation is regarded as the basis for developing these business and transformation strategies, as rugby has long been perceived as a sport that excludes people who were unfairly discriminated against during apartheid, whether in administrative structures or at the grassroots level. Research indicated what progress has been made in this regard and identified areas where transformation processes can be improved, by reviewing pertinent literature (including historical records, autobiographical accounts, journal articles, and statistical research reports), investigating the programs in place, and through conducting contact interviews with pertinent players, both on and off the field. Declining traditional revenue streams as indicated by, for example, lower match day revenue reinforced the need to propose a new business model to ensure sustainability. The increasing number of high profile rugby players currently playing professionally in Europe and Asia impacts negatively on the commercial product offered to the public, sponsors and broadcasters. The literature review examined the three areas mentioned above; however, while there was extensive information published on transformation, particularly in the media, a paucity of written reports on player exodus and rugby as a business was identified. The methodology combined deductive and inductive research strategies. Initially, the approach was primarily a deductive, quantitative research strategy to analyse the past and present state of rugby in relation to business, transformation and player retention. The second thrust of the research shifted to the development and testing of a hypothesis for a more inclusive and sustainable model than that tested above, utilising an inductive approach, underpinned by qualitative data derived from interviews, empirical observations and relevant textual material. The study is significant as it gives a deeper understanding of the relationship between professional and amateur rugby in South Africa, and an understanding of what is required to ensure that rugby becomes an inclusive sport. It provides a business model that creates a framework for necessary synergy between the professional and the amateur divisions to develop proactive policies which will foster inclusivity in South African rugby.
23
Hall, Jonathan. "Digitalization of Facility Management : Financial Incentives." Thesis, KTH, Fastigheter och byggande, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-236766.
Full textAbstract:
The digital reality is within this current moment debated and something that affects people. Upcoming years in real estate in general, it will be crucial of developments within the industry concerning digital solutions. The processes, business and approaches that have affected an industry for a very long time are changing in its foundations. Owning a property or managing an object in the coming years in an increasingly digitized world will bring new types of demands on organizations that intend to participate in the development. For a long time, digitization has existed as a concept seeming exciting and interesting. Smart devices have taken a larger part of time through telephones, televisions and likewise. Banking processes have evolved through phones and other digital tools to provide new variations of banking services. Airports have developed digital check-in services, which mean that you are actually virtually on the plane before you arrive at the airport. The development of these banking and tourism services changes the market and companies have been able to take part of the market by providing new solutions. In development and innovation, there is a term used repeatedly, the idea of a “disruptive innovation”. More explicitly, a new innovation that destroys the previously functioning market. As a concrete example, the previously well-functioning camera - today largely exchanged for the digital camera. Or the previously mentioned development of banks and flight processes. It has previously been functioning markets, however, these new processes and innovations have eliminated earlier working solutions by performing better. The study investigates possibilities closer if there are potential "disruptive innovations" in facility management and digital key control. The thesis has been focusing on the consequences of digital keys by using a model to analyse the impact on work in a future process. The physical key is one of the most ancient innovations that have been refined and developed over the centuries. With the new digital reality, it may be possible to find a new process that create better functions.Kommande år i fastighetsförvaltning i allmänhet kommer det att vara avgörande för utvecklingen inom industrin med digitala lösningar. De processer, affärer och tillvägagångssätt som har påverkat en bransch under en mycket lång tid är på väg att förändras i grunden. Äga en fastighet eller förvalta ett objekt de närmaste åren i en alltmer digitaliserad värld kommer att medföra nya typer av krav på organisationer som avser att delta i utvecklingen och vara aktuell på marknaden. Under lång tid har digitalisering funnits som ett koncept som synes spännande och intressant. Smarta enheter har tagit en större del av tiden via telefoner, tv-apparater och liknande. Bankprocesser har utvecklats genom telefoner och andra digitala verktyg för att ge nya variationer av banktjänster. Flygplatser har utvecklat digitala incheckningstjänster, vilket innebär att du faktiskt är på planet innan du kommer till flygplatsen. Utvecklingen av dessa bank- och turismtjänster förändrar marknaden och företagen har kunnat ta del av marknaden genom att erbjuda nya lösningar. Inom utveckling och innovation finns det ett begrepp vilket används återkommande, en idé om en ”disruptive innovation”. Mer explicit, att en ny innovation förstör den tidigare fungerande marknaden, där det konkreta exemplet är den tidigare väl fungerande kameran vilken idag i stor omfattning är utbytt till den digitala kameran. Eller den tidigare nämnda utvecklingen av bank och flygprocesser. Det har tidigare varit fungerande marknader, dock har nya processer och innovationer slagit ut tidigare fungerande lösningar. I det här arbetet har möjligheterna undersökts närmre ifall det går att finna potentiella ”disruptive innovations” inom fastighetsförvaltning. Den fysiska nyckeln är en utav de mest antika innovationerna som genom årtusenden och århundranden har förfinats och utvecklats. Med den nya digitala verkligheten kan det vara möjligt att finna en ny process vilken fungerar på ett bättre sätt.
24
Enkyo, Soichi. "Financial innovation and international safeguards : causes and the consequences of #structural innovation' in the US and the global financial system, 1975-1985." Thesis, London School of Economics and Political Science (University of London), 1989. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.364372.
Full text
25
Bartoloni, Eleonora. "Innovation, profitability and financial provision : a panel data investigation." Thesis, University of Warwick, 2011. http://wrap.warwick.ac.uk/35162/.
Full text
26
Murray, Trevor T. 1971. "The functional perspective of financial innovation and real estate." Thesis, Massachusetts Institute of Technology, 2004. http://hdl.handle.net/1721.1/26735.
Full textAbstract:
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2004.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Includes bibliographical references (leaves 31-33).
Two broad schools of thought dominate theories regarding financial innovation. One seeks to explain the process of security design in terms of relatively static organizations creating and promoting their wares and services competitively, generally in response to shifts in technology, taxes or regulation. The other approach stems from an understanding of the basic universal functions the financial system is called upon to deliver. I argue that the latter perspective is a more robust and adaptable framework for explaining the process of innovation. Furthermore, this functional perspective explains why cyclical shifts in certain sectors such as real estate stimulate the need for new and innovative financial products.
by Trevor T. Murray.
S.M.
27
López, Luis E. (Luis Eduardo) 1961. "Essay on the management of innovation in financial services." Thesis, Massachusetts Institute of Technology, 1998. http://hdl.handle.net/1721.1/10002.
Full text
28
Crowley, Alison (Alison Rita). "The economic and financial feasibility of food innovation centers." Thesis, Massachusetts Institute of Technology, 2015. http://hdl.handle.net/1721.1/99074.
Full textAbstract:
Thesis: M.C.P., Massachusetts Institute of Technology, Department of Urban Studies and Planning, 2015.Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2015.
Cataloged from PDF version of thesis.
Includes bibliographical references (page 125).
A Food Innovation Center (FIC) is an enclosed commercial space comprising a mix of complementary uses pertaining to locally-operated food growing, production, processing, testing, distribution, and sale. These uses include indoor vertical farms, commercial shared-use kitchens for start-up food businesses, rooftop greenhouses, food halls with local, artisanal vendors, and food-related R&D space, among others. While literature exists on the demand for locally produced food, there is still a gap in the industry's knowledge about the financing environment, development costs, and overall rate of success that FICs experience. The research presented in this thesis is intended to provide an overview of existing Food Innovation Centers via data on acquisition, construction, operations, and returns of individual projects. Does the FIC product innovation add value to urban industrial real estate, and is the FIC a feasible model, financially and economically, for industrial development? Survey analysis of 62 FICs and six in-depth case studies show that FICs are more prominently featured in commercial rather than industrial space and operate on a business model in which a developer owns the property but leases to individual tenants operating one of the FIC business components. Financing largely comes from the philanthropic sector, and some of the most ambitious FICs have partnered with municipalities to identify publicly owned land for a nominal ground lease to the city or below-market acquisition. Overall, the FIC product type is still under development, and more must be learned about the lease structures within the PC to generate more robust underwriting standards that will better attract commercial investment. The most proprietary component of FICs are indoor vertical farms, for which the technology supporting the farm systems is still very much in the nascent R&D phase and not yet prepared for commercial diffusion. FICs do, however, have the ability to impact urban residents who lack access to healthy food. Through procurement, distribution, and wholesaling operations that can take place at FICs, regional small farmers can more easily get their produce into an urban area for distribution to residents. Incubator kitchens can provide cost-effective means for urban residents to test their own business models in the food and beverage manufacturing industry, and the roles that FICs play in hosting public events increases the connection between consumers and the food they eat. FICs generate economic growth through their ability to launch small businesses and create stronger and more direct supply chains between farmers, producers, wholesalers, food and beverage providers, and ultimately the consumer.
by Alison Crowley.
M.C.P.
S.M. in Real Estate Development
29
Kasekende, Elizabeth. "Financial innovation and money demand in sub-Saharan Africa." Doctoral thesis, University of Cape Town, 2016. http://hdl.handle.net/11427/23414.
Full textAbstract:
Financial innovations are considered important factors in the development of the financial sector and economic growth. Following the 2007/2008 financial crisis, their effects, both positive and negative, have become an issue of considerable debate, especially in industrialised countries. While a number of empirical studies on the effects of financial innovation have been undertaken for industrialised countries, few developing country studies exist. This is surprising, given the remarkable growth of financial innovation in some developing economies. In particular, mobile money (M-PESA), a technology first developed in Kenya that enables individuals to transfer, deposit and save money using cell phone technology without necessarily having a bank account, has quickly spread to several developing countries and is expected to continue to expand. This thesis contributes to the limited literature by undertaking a panel study of the effect of financial innovation on money demand in Sub-Saharan Africa as well as a case study of the home of mobile money, Kenya. A third study considers how mobile money has influenced household consumption behaviour using data from Uganda. In chapter two, the effect of financial innovation on money demand in Sub-Saharan Africa is investigated in 34 countries for the period 1980 to 2013 using dynamic panel data estimation techniques. Money demand is found to be relatively stable in the region with financial innovation significant with a negative sign. While the coefficients on the other relevant variables are significant with expected signs, the size of the coefficients change with the inclusion of financial innovation. This suggests that exclusion of financial innovation may have led to biased or misleading estimates of the money demand equation in previous studies, and that financial innovation plays a significant role in explaining money demand in Sub-Saharan Africa. Given the potential importance of this form of financial innovation, a case study of the impact of mobile money on money demand in Kenya is undertaken in chapter three. Using time series analysis on a quarterly basis for the period 2000–2014, the results suggest a positive relationship between mobile money and money demand. The Kenyan demand for money is found to be stable when mobile money is taken into consideration. These results are robust even with the use of alternative measures of mobile money and imply that this particular financial innovation has important implications for the effectiveness of monetary policy in Kenya and possibly in other similar countries. While mobile money has been found to have important macroeconomic effects, there is little research on how it affects the real economy. Chapter four investigates the way this type of financial innovation can alter household behaviour, particularly household consumption patterns. Since data was not available for Kenya, Uganda was used as a case study. It is one of the countries that has been successful in mobile money usage since its introduction in 2009. The Financial Inclusion Tracker Surveys (FITS) household level survey conducted in 2012 also provides valuable data. Using ordinary least squares and seemingly unrelated regression estimation techniques, the results suggest that mobile money users spend less on food, a necessity, and more on luxury goods, than non-users. In addition, mobile money users are more likely to receive more remittances, and as a result, they are able to spend more efficiently on particular commodities than non-users. This suggests that mobile money could potentially improve individuals' livelihoods. Finally, chapter five concludes with a discussion of the summary of the findings from the thesis, the policy implications, and the suggestions for future research.
30
Bekker, Stuart. "Financial scarcity and abundance of external connections in innovation." Diss., University of Pretoria, 2009. http://hdl.handle.net/2263/23838.
Full textAbstract:
Resource scarcity and resource abundance along with a mindset of scarcity or abundance was researched within an innovative environment. The methodology involved the use of four different scenarios within an experimental context. This enabled the researcher to present different environments to the respondents. The researched results analysed the effects that resources as well as mindset types had on innovation. It was found that decreasing amounts of financial resources and collaborations with suppliers and customers increased the confidence of innovation being successful. The research results also indicate that abundant mindsets did not necessarily increase the rate of innovation. Although the abundant mindset definitely played a role in affecting the amount of resources being used in the different environments, set out by the scenarios.Dissertation (MBA)--University of Pretoria, 2009.
Gordon Institute of Business Science (GIBS)
unrestricted
31
Merz, Markus [Verfasser]. "Essays on Financial Intermediation, Innovation, and Growth / Markus Merz." Tübingen : Universitätsbibliothek Tübingen, 2020. http://d-nb.info/1220690066/34.
Full text
32
Caigny, Arno de. "Innovation in customer scoring for the financial services industry." Thesis, Lille, 2019. http://www.theses.fr/2019LIL1A011.
Full textAbstract:
Cette thèse améliore la notation des clients. L’évaluation des clients est importante pour les entreprises dans leurs processus de prise de décision parce qu'elle aide à résoudre des problèmes de gestion clés tels que le choix des clients à cibler pour une campagne de marketing ou l'analyse des clients qui sont susceptibles de quitter l'entreprise. La recherche effectuée dans le cadre de cette thèse apporte plusieurs contributions dans trois domaines de la littérature sur la notation des clients. Premièrement, de nouvelles sources de données sont utilisées pour évaluer les clients. Deuxièmement, la méthodologie pour passer des données aux décisions est améliorée. Troisièmement, la prédiction des événements courants du client est proposée comme une nouvelle application de la notation des clients. Tous les résultats présentés dans cette thèse sont issus de données réelles et sont non seulement d'une grande valeur académique, mais aussi d'une grande pertinence commercialeThis dissertation improves customer scoring. Customer scoring is important for companies in their decision making processes because it helps to solve key managerial issues such as the decision of which customers to target for a marketing campaign or the assessment of customer that are likely to leave the company. The research in this dissertation makes several contributions in three areas of the customer scoring literature. First, new sources of data are used to score customers. Second, methodology to go from data to decisions is improved. Third, customer life event prediction is proposed as a new application of customer scoring
33
Ghio, Alessandro. "Three essays on corporate disclosure by small and medium entities." Thesis, Cergy-Pontoise, Ecole supérieure des sciences économiques et commerciales, 2018. http://www.theses.fr/2018ESEC0002.
Full textAbstract:
Cette thèse s’intéresse à la communication financière des PME cotées et se compose de trois chapitres distincts. L’objectif de chacun de ces chapitres vise à analyser les déterminants et les conséquences de l’asymétrie informationnelle dans un environnement incertain et complexe. Cette étude, composée d'une introduction générale et de trois chapitres, analyse sous différents angles la question centrale de l'asymétrie informationnelle et des coûts d'agence dans les PME cotées. Les trois chapitres visent à répondre aux questions de recherche suivantes: Première question de recherche: Quel type d'information financière concernant les PME est pertinent pour les investisseurs? Deuxième question de recherche: Est-ce que les attentes externes concernant la divulgation d’informations par les PME influencent (a) les décisions d'investissement des dirigeants et (b) la stratégie de communication des PME? Troisième question de recherche: Comment les nouvelles formes de communication, par exemple les médias sociaux, influencent l'environnement informationnel des PME cotées? Les résultats de cette thèse peuvent être intéressants pour les régulateurs. Ils illustrent les mécanismes que les entreprises suivent dans des contextes de complexité et d'incertitude. À la suite de ces résultats, les régulateurs pourraient envisager de promouvoir des politiques qui facilitent une divulgation plus flexible pour les PME cotées en termes de canaux de communication et de contenu de l’informationThis Ph.D. thesis studies the determinants and consequences of information asymmetry between investors and financers on the one hand, and managers on the other, in an uncertain and complex environment. I focus on Small and Medium Entities (SMEs) where the links between the two and the associated agency costs are particularly significant. SMEs are concerned by a whole host of contractual issues. The uncertainties surrounding SMEs’ activities also affect investor valuations due to the risk of adverse selection. SMEs’ disclosure may play an important part in reducing for market participants the uncertainty surrounding SMEs’ activities. My Ph.D. thesis, consisting of a general introduction and three chapters representing three self-contained essays, explores (1) the type of financial information relevant to SMEs’ investors and financers; (2) managerial decisions following market expectations about SMEs’ disclosure; and (3) the impact of social media on SMEs’ disclosure
34
Nabar, Malhar Shyam V. "Essays on investment, innovation and productivity growth /." View online version; access limited to Brown University users, 2005. http://wwwlib.umi.com/dissertations/fullcit/3174647.
Full text
35
Cox, Nicholas P. G. "Ideas and action : emergence of technical innovation and financial discourse." Thesis, University of Oxford, 1992. https://ora.ox.ac.uk/objects/uuid:3ab9bd55-c966-4314-9efa-ad9038f4b633.
Full textAbstract:
This thesis investigates how people's ideas lead to technical innovations, and looks at the problems and setbacks along the way. The research uses data gathered from two major case-studies, several minor ones, and from a wide range of potential sources of finance for innovation. The majority of this data was obtained through free-format interviews with the people involved, although one of the major case-studies used personal letters to access an innovation at the turn of the century. This demonstrated the utility of 'historical' data for management research. The orientation is qualitative and interpretive, but the thesis demonstrates the utility of a rigorous and procedural approach to data and analysis in accomplishing its interpretation. Four distinct discourses, or world-views, emerge from the data, and a framework comprising these is proposed to aid understanding of innovation. This tentative model encompasses the agency and actions of individuals together with their social systems, and follows Giddens in seeing the former as recursively implicated in reproducing the latter. The model allows the progress of an innovation to be charted through the four discourses. The argument of the thesis is sensitive to recent anthropological and sociological uses of ideas drawn from Saussure's structural linguistics. French structuralist developments of these ideas, particularly those of Derrida, are used to investigate problems with the proposed fourdiscourse model of innovation. Derrida allows a more complete synthesis of structure and process than Giddens; his complex ideas thus enable a better explanation of the observation that people involved in innovation can apparently talk within all four discourses at once without excessive anxiety.
36
Dastory, Linda. "Financing of Innovation in SMEs." Licentiate thesis, KTH, Industriell ekonomi och organisation (Inst.), 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-220923.
Full textAbstract:
This licentiate thesis consist of two essays. Both essays deal with corporate finance and its impact on innovation investment. In the first essay we use German Community Innovation Survey to identify financially constrained firms. Contrary to previous studies we find that the relationship between financial constraints and firm size is inverted u-shaped and that it is the group of medium sized firms which has the largest funding gaps. This is explained by the fact that these firms have high innovation capabilities but at the same time face high cost of capital. Furthermore, we test if financial constraints have an impact on firm productivity growth. We find negative effects from funding gaps on productivity, but only for investment in tangible capital and not for innovation investments. The second essay investigates whether there has been a change in the productivity and funding mix of innovative SMEs post stricter bank regulations. Our result shows that the likelihood of using bank loans as a funding source has not changed for innovation investments nor for tangible investments after stricter capital regulations have been announced. On the other hand, sources such as subsidies have increased due to regulatory programs that have been implemented in the aftermath of the recent financial crisis. Furthermore, SMEs productivity has not changed post stricter bank regulations. Overall, the impact from different sources of funding on productivity is rather limited.QC 20180110
37
Araujo, Garcia Juan Ignacio. "Financial innovation in the U.S. : origins, effects on the financial system and implications for monetary policy." Thesis, McGill University, 1985. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=66022.
Full text
38
Grau, Miró Josep. "Strategic innovation in financial sector: Blockchain and the case of Spanish banks." Thesis, KTH, Entreprenörskap och Innovation, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-189176.
Full text
39
Awrey, Arlo Daniel John. "Complexity, innovation and the dynamics of OTC derivatives regulation." Thesis, University of Oxford, 2012. http://ora.ox.ac.uk/objects/uuid:340dff47-0a78-43a8-85eb-c39b950e5153.
Full textAbstract:
Conventional financial theory has played an important – and yet largely unexamined – role in shaping how we regulate modern financial markets. This thesis explores the influence of conventional financial theory on the regulation of over-the-counter (OTC) derivatives markets in the U.S. and U.K. prior to the global financial crisis. More specifically, it explores how conventional financial theory failed to adequately account for both the complexity of OTC derivatives markets and the nature and pace of financial innovation and, ultimately, how these blind spots became reflected in a ‘non-interventionist’ approach toward their regulation now widely viewed as suboptimal. This thesis yields three important contributions to the scholarly and public policy debates surrounding the regulation of modern financial markets. First, it articulates a more robust theoretical framework for understanding complexity, financial innovation, and the relationship between these powerful market dynamics. This, in turn, facilitates an examination of the implications of complexity and financial innovation in terms of the ongoing debates respecting the optimal source, form and scope of financial regulation. It also facilitates an examination of both the shortcomings of the pre-crisis regulatory regimes governing OTC derivatives markets and, looking forward, the prospective strengths and weaknesses of embryonic post-crisis reforms. Finally, and more broadly, this thesis enhances our understanding of the relationship between the important insights of financial theory and how we conceptualize and pursue the objectives of financial regulation.
40
Guner, Mine Sule. "The Diffusion Of Financial Innovation In Turkey: The Case Of Atm." Master's thesis, METU, 2005. http://etd.lib.metu.edu.tr/upload/12606262/index.pdf.
Full textAbstract:
This study investigates the indicators of the number of ATMs (automated teller machines) in the provinces of Turkey by examining two banks: T.C. Ziraat Bankasi and T. iS Bankasi. The study depends on annual panel data from 1990 to 2004 for seventy-three provinces of Turkey. The information about the number of ATMs of the two banks is gathered after a study in the archives of the banks. In this study it is concluded that the number of ATMs of T. iS Bankasi and T. C. Ziraat Bankasi in the previous year and the total number of branches of the banks in Turkey are the indicators of ATM adoption for both of the banks concerned. However, population has a negative sign for T. C. Ziraat Bankasi which is a state bank whereas it has a positive sign for T. iS Bankasi which is a quasi-private bank. The findings also indicate that the ATM number of T. iS Bankasi is more sensitive to the number of total bank branches.
41
Vanhanen, Vesa. "Integration of financial supervision in Europe : dispersed governance and institutional innovation." Thesis, University of Kent, 2007. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.497698.
Full text
42
李燕群 and Yin-kwan Lorraine Li. "Key success factors and innovation in the financial market data industry." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31269059.
Full text
43
Antar, Ezequiel. "Risk measures and financial innovation with backward stochastic difference/differential equations." Thesis, University of Cambridge, 2014. https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.708320.
Full text
44
Andersson, Marcus, and Patric Sigvardson. "Embracing Blockchain : The Challenges of Collaborative Innovation Within the Financial Industry." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-356479.
Full textAbstract:
Creating standardized infrastructures for new technologies has become a frequent event in recent years, forcing competing firms to together collaborate in order to develop and mutually agree on a common standard. This is due to technologies such as blockchain (distributed ledger) technology that need interoperability to reach its full potential, making the collaboration aspect crucial for organizations that want to adapt to the technology. Therefore, this study’s purpose is to identify and analyze the challenges of creating such a standardized infrastructure. A case study was used to analyze these challenges, which involved experts of blockchain technology and three Nordic banks connected to the blockchain consortium R3. First, a pre-study took place with the help of blockchain experts, who helped identify potential problems regarding blockchain (distributed ledger) technology. Secondly, a main study was conducted consisting of four interviews with key persons representing the banks, in addition to collecting secondary data via news articles, and press releases. With the help of co-opetition theory and a technical description of blockchain (distributed ledger) technology, an analytical model was developed to support the analysis of the data collection. The analysis focus on aspects of co-opetition drivers, co-opetition capabilities, co-opetition dynamics and blockchain aspects, which were used to showcase the challenges of collaborating on creating a standardized infrastructure. The result of this study highlights the importance of learning and educational aspects, the size of a cooperation and threats from other competing solutions, which generates challenges. In addition to the identified challenges, this study has also contributed to an understanding of how these aspects can come to affect a collaboration.
45
Содома, Р. І. "CONCEPT OF LOANS AS A SOURCE OF FINANCIAL INNOVATION OF AGRICULTURE." Thesis, SUSTAINABLE DEVELOPMENT OF ECONOMY, 2016. https://uniep.km.ua/images/uploads/_3_2016_english.pdf#page=106.
Full text
46
Amsterdam, Kirsten. "The effect of financial innovation on economic growth in African countries." Master's thesis, University of Cape Town, 2018. http://hdl.handle.net/11427/29082.
Full textAbstract:
This study investigates the relationship between financial innovation and economic growth in twenty-five countries in Africa. The relationship is estimated in a panel of countries, utilising Fixed and Random Effects Testing, and compared with the results when the same relationship is tested between individual African countries using the Ordinary Least Squares (OLS) method. Three proxies for financial innovation the growth in bank credit to the private sector, the ratio of broad money to narrow money and mobile penetration and data for four financial innovations automated teller machines, mobile money accounts and mobile money agents and mobile transactions are used in the estimations. The results indicate that measures which have a significant effect on growth and non-mobile related proxy measures, are generally negative. The mobile financial innovations generally have a positive effect, particularly in countries with low levels of financial development. This study firstly concludes that mobile linked financial innovation has a positive effect on growth in Africa, therefore policy and regulation should be geared towards encouraging further positive impact. Secondly, this study concludes that the level of financial development in African countries impacts the extent and the manner in which financial innovation impacts growth. It is recommended that the focus on improving financial inclusion, utilising financial innovation, particularly mobile financial innovation should be continued, in order to improve financial depth and efficient allocation of resources and financial intermediation. Further research is also required into the effects of financial innovation specific to individual countries, and the nuances between them, as well as the role of regulation and financial development on financial innovations effect on growth.
47
Al-Kazemi, Saad A. "Patenting Activity, Firm Innovation Characteristics, and Financial Performance: An Empirical Investigation." Cleveland, Ohio : Case Western Reserve University, 2009. http://rave.ohiolink.edu/etdc/view?acc_num=case1249013130.
Full textAbstract:
Thesis (Ph.D.)--Case Western Reserve University, 2009Title from PDF (viewed on 19 August 2009) Department of Accounting Includes abstract Includes bibliographical references Available online via the OhioLINK ETD Center
48
Li, Yin-kwan Lorraine. "Key success factors and innovation in the financial market data industry /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19872380.
Full text
49
WU, TUNG-CHANG, and 吳段長. "Bank Consolidation and Financial Innovation." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/96802710745837200878.
Full textAbstract:
碩士國立臺北大學
經濟學系
94
In this thesis I attempt to study the decision of setting branches and bank consolidation in the environment of over-banking and financial innovation in the bank industry. In different policy restrictions, it analyzes whether the bank is allowed to set new branches and public bank intervenes will affect the bank consolidation. Furthermore, it discusses how the financial innovation affects bank to obtain more profits and branches, and to decide their branches and loan rate. The results suggest that case of one-to-one merger, it shows that banks can obtain more profits after consolidation when banks have different cost structures. In the case of the general merger, the results depend on the conditions. Generally, financial innovations will increase with merger in some conditions.
50
"Effects of organization on financial innovation." International Center for Research on the Management of Technology, Sloan School of Management, Massachusetts Institute of Technology, 1997. http://hdl.handle.net/1721.1/2689.
Full textAbstract:
Luis E. Lopez, Edward B. Roberts.Cover title. "October 1997."
Includes bibliographical references (p. 44-48).
Supported by INCAE, ICRMOT, the MIT Center for Innovation in Product Development, and a National Science Foundation Grant. #EEC-9529140