DETERMINANTS OF FINANCIAL MARKET PARTICIPANT EFFICIENCY IN AN INNOVATION-DRIVEN ECONOMY

Khotamkulova Madina

GREEN ECONOMY AND DEVELOPMENT, 2026, vol. 4, issue 2

Abstract: This paper investigates the determinants of financial market participant efficiency within the context of aninnovation-driven economy. Drawing on a multidimensional framework that integrates informational, technological,behavioral, human capital, and institutional factors, the study examines how rapid technological change, the proliferationof intangible assets, and evolving regulatory structures interact to shape the capacity of market participants to processinformation, allocate capital, and generate risk-adjusted returns. The findings reveal that, although fintech infrastructureand algorithmic tools significantly enhance operational efficiency, behavioral biases and information asymmetries—particularly those associated with intangible-intensive business models—continue to impose substantial constraints oninformational efficiency

Keywords: financial market efficiency; innovation-driven economy; market participant behavior; fintech; information asymmetry; behavioral finance; regulatory quality; intangible assets. (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://yashil-iqtisodiyot-taraqqiyot.uz/journal/index.php/GED/article/view/9682 Abstract page (text/html)
https://yashil-iqtisodiyot-taraqqiyot.uz/journal/i ... e/download/9682/7843 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:4:y:2026:i:2:id:9682

DOI: 10.5281/zenodo.19274418

Access Statistics for this article

More articles in GREEN ECONOMY AND DEVELOPMENT from "Ma'rifat-Print-Media" LLC, Tashkent State University of Economics
Bibliographic data for series maintained by Xayrulla ().