PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT
The present day understanding of innovation and innovation activity has a long history. Innovation plays a key role in efficient functioning of finance market and economic growth. At the same time industry of finance services is an appealing field for scientific observations. Companies, which provid...
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Plekhanov Russian University of Economics
2017
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oai:doaj.org-article:f8cd2cc8ec8d4a7eb1d9c8cab86729ac2021-11-15T05:20:45ZPROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT2413-28292587-925110.21686/2413-2829-2017-4-74-86https://doaj.org/article/f8cd2cc8ec8d4a7eb1d9c8cab86729ac2017-11-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/354https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The present day understanding of innovation and innovation activity has a long history. Innovation plays a key role in efficient functioning of finance market and economic growth. At the same time industry of finance services is an appealing field for scientific observations. Companies, which provide finance services, as a rule have not got protection of intellectual property in their innovation activity. However, the absence of these rights has not eliminated incentives or possibilities to introduce innovation by companies. The article shows that value innovation accentuates equally on value and innovation for customers, clients and the company. This concept aims at developing strategy of growth, new products and services (over-configuration of existing products and services) that are valuable for the client.David I. PhilippovPlekhanov Russian University of Economicsarticleinnovationvalue innovationfinance marketfinance servicesbanking systembusiness processrisk managementeconomic growthEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 4, Pp 74-86 (2017) |
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DOAJ |
| collection |
DOAJ |
| language |
RU |
| topic |
innovation value innovation finance market finance services banking system business process risk management economic growth Economics as a science HB71-74 |
| spellingShingle |
innovation value innovation finance market finance services banking system business process risk management economic growth Economics as a science HB71-74 David I. Philippov PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| description |
The present day understanding of innovation and innovation activity has a long history. Innovation plays a key role in efficient functioning of finance market and economic growth. At the same time industry of finance services is an appealing field for scientific observations. Companies, which provide finance services, as a rule have not got protection of intellectual property in their innovation activity. However, the absence of these rights has not eliminated incentives or possibilities to introduce innovation by companies. The article shows that value innovation accentuates equally on value and innovation for customers, clients and the company. This concept aims at developing strategy of growth, new products and services (over-configuration of existing products and services) that are valuable for the client. |
| format |
article |
| author |
David I. Philippov |
| author_facet |
David I. Philippov |
| author_sort |
David I. Philippov |
| title |
PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| title_short |
PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| title_full |
PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| title_fullStr |
PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| title_full_unstemmed |
PROLIFERATION OF INNOVATION ON FINANCE MARKET: THEORETICAL ASPECT |
| title_sort |
proliferation of innovation on finance market: theoretical aspect |
| publisher |
Plekhanov Russian University of Economics |
| publishDate |
2017 |
| url |
https://doaj.org/article/f8cd2cc8ec8d4a7eb1d9c8cab86729ac |
| work_keys_str_mv |
AT davidiphilippov proliferationofinnovationonfinancemarkettheoreticalaspect |
| _version_ |
1718428721970413568 |