![]() ![]() Hornuf (*)Faculty of Business Studies and Economics, HaddadSKEMA Business School, Lille, Francee-mail: HaddadUniversity of Lille Nord de France, LSMRC, 1 Prior research on fintech mostly focuses on specificfintech Thehigher is the number of fintech startups in a country. Positive impacton the development of this new market segment.įinally,the more difficult it is for companies to access loans, Telephone subscrip-tions, and the available labor force has a That countries witness more fintech startupformations when theĮconomy is well-developed andventure capital is readily available.įurthermore, the num-ber of secure Internet servers, mobile Sev-eral economic and general technological determinants thathaveĮncouraged fintech startup formations in 55 coun-tries. Other countrieshave made a more benevolent economic and Large demand for financialtechnology (fintech) innovations, while Than others? For example, in certaineconomies, there has been a Why do some countries have more startups intended tochange theįinancial industry through innovative servicesand digitalization Influence the emergence of this new sector. Startupformation need not be left to chance, but active policiescan Overall, the evidence suggests that fintech This new market segment.Finally, the more difficult it is forĬompanies to accessloans, the higher is the number of fintechĬountry. Secure Internet servers, mobile telephone sub-scriptions, and theĪvailable labor force has a positiveimpact on the development of We find that countries witness moreįintechstartup formations when the economy is well-developedand Ventureswith the purpose of reinventing financial Technologicaldeterminants inducing entrepreneurs to establish The emergence of the global fintech market: economicandĪccepted: 23 January 2018 /Published online: 27 March 2018 Hornuf Max Planck Institute for Innovation and Competition, Marstallplatz 1, 80539 Munich, Germany e-mail: ? L. Hornuf ( * ) Faculty of Business Studies and Economics, University of Bremen, Wilhelm-Herbst-Str. ![]() Haddad SKEMA Business School, Lille, France e-mail: ? L. Haddad University of Lille Nord de France, LSMRC, 1 place Déliot - BP381, 59020 Lille Cédex, France e-mail: ? C. In the area of crowdlending, scholars Small Bus Econ (2019) 53:81 – 105 C. Prior research on fintech mostly focuses on specific fintech sectors. Finally, the more difficult it is for companies to access loans, the higher is the number of fintech startups in a country. Furthermore, the num- ber of secure Internet servers, mobile telephone subscrip- tions, and the available labor force has a positive impact on the development of this new market segment. We find that countries witness more fintech startup formations when the economy is well-developed and venture capital is readily available. In this article, we investigate sev- eral economic and general technological determinants that have encouraged fintech startup formations in 55 coun- tries. O3 1 Introduction Why do some countries have more startups intended to change the financial industry through innovative services and digitalization than others? For example, in certain economies, there has been a large demand for financial technology (fintech) innovations, while other countries have made a more benevolent economic and regulatory environment available. Financial institutions JEL Classification K00. Overall, the evidence suggests that fintech startup formation need not be left to chance, but active policies can influence the emergence of this new sector. Furthermore, the number of secure Internet servers, mobile telephone sub- scriptions, and the available labor force has a positive impact on the development of this new market segment. The emergence of the global fintech market: economic and technological determinants Christian Haddad & Lars Hornuf Accepted: 23 January 2018 /Published online: 27 March 2018 Abstract We investigate the economic and technological determinants inducing entrepreneurs to establish ventures with the purpose of reinventing financial technology (fintech). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |