Re-Engineering of the Business through Financial Innovations

Katerina Voicheska

Economic Studies journal, 2012, issue 3, 142-153

Abstract: The paper studies the literature on financial innovations from point of view of the business. The recent financial indignation set out the question whether the innovative financial market instruments are long-term profitable enough. The issue however is not what is their quantity but what they are used for and whether on their purpose. The principle tasks to the experts today are first to filter the toxic from healthy attractive innovative market instruments, then to reach a symbiosis between financial and technological innovations, and last but not least to evaluate the influence of the specific types of financial innovations dominating in each stage of the technological cycle for optimal distribution of the resources in the economy and restoring the business.

JEL-codes: G15 M20 O31 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2012:i:3:p:142-153

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