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Understanding the characteristics of techno-innovation in an era of self-regulated financial services

Scott, Susan V. ORCID: 0000-0002-8775-9364 (2010) Understanding the characteristics of techno-innovation in an era of self-regulated financial services. In: Kyrtsis, Alexandros-Andreas, (ed.) Financial Markets and Organizational Technologies: System Architectures, Practices and Risks in the Era of Deregulation. Palgrave Macmillan studies in banking and financial institutions. Palgrave Macmillan, Basingstoke, UK, pp. 166-188. ISBN 9780230234055

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Abstract

Can we identify the key characteristics of techno-innovation in the era of deregulated financial services? This is an important question particularly now when many are laying the blame for the emergence of a “Credit Crunch! In 2008 on ill-managed innovations that fuelled growth in contemporary financial services (see Tett 2009). This working paper draws together findings from a programme of research examining the role of technology in the transformation of work practices in the financial sector and their entanglement with risk and regulation. Examples from multiple longitudinal field studies are used to explore the following questions: What inspires innovation in financial services? How are processes of techno-innovation managed? What are the expected and unexpected consequences of techno-innovation?

Item Type: Book Section
Official URL: http://www.palgrave.com/products/title.aspx?pid=36...
Additional Information: © 2010 Palgrave Macmillan
Divisions: Management
Centre for Economic Performance
Centre for Analysis of Risk & Regulation
Subjects: H Social Sciences > HG Finance
T Technology > T Technology (General)
JEL classification: G - Financial Economics > G2 - Financial Institutions and Services > G20 - General
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O32 - Management of Technological Innovation and R&D
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes
Date Deposited: 30 Mar 2011 11:27
Last Modified: 15 Sep 2023 09:37
URI: http://eprints.lse.ac.uk/id/eprint/33691

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