Towards a practical approach to responsible innovation in finance

Margaret Armstrong, Guillaume Cornut, Stéphane Delacôte, Marc Lenglet (), Yuval Millo, Fabian Muniesa, Alexandre Pointier and Yamina Tadjeddine

Journal of Financial Regulation and Compliance, 2012, vol. 20, issue 2, 147-168

Abstract: Purpose - The purpose of this paper is to highlight the potentials offered by New Product Committees for the development of responsible innovation in the financial services industry; and to provide grounds for policy recommendations. Design/methodology/approach - The paper takes the form of collective, interdisciplinary reflection and experience within the industry. Findings - New Product Committees can serve a practical approach to responsible innovation in finance. Originality/value - The paper fills a gap in the empirical consideration of New Product Committees in the financial services industry and proposes original directions for policy orientations within organizations and at a regulatory level.

Keywords: Financial services; Financial institutions; Product innovation; Financial innovation; New product committees; Regulation; Responsibility (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfrcpp:v:20:y:2012:i:2:p:147-168

DOI: 10.1108/13581981211218289

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