Paper Title
Financial innovation
Article Identifiers
Authors
Krishna Gupta
Keywords
Abstract
Within the world of finance and economics, the concept of financial innovations has started to come to the forefront to a great extent. Financial innovations essentially entail the creation of new financial products, processes and institutions. As technology has been advancing at an unprecedented rate, many more forms of financial innovation have been facilitated and introduced to the market in recent years. This research paper aims to uncover the literature present on financial innovation as well as the varying examples of it including product innovations such as high yield/junk bonds and institutional innovations such as Special Purpose Acquisition companies (SPACS). Additionally, the latter half of the paper also discusses the concept of ‘Fintech’ - another example of financial innovation that has greatly been influenced by technology. The paper concludes with an evaluation of financial innovation.
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How To Cite (APA)
Krishna Gupta (November-2022). Financial innovation . INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(11), a524-a533. https://ijnrd.org/papers/IJNRD2211058.pdf
Issue
Volume 7 Issue 11, November-2022
Pages : a524-a533
Other Publication Details
Paper Reg. ID: IJNRD_183347
Published Paper Id: IJNRD2211058
Downloads: 000121980
Research Area: Commerce
Country: New delhi, Delhi, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2211058.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2211058
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
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This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition
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