The Emergence of the Global Fintech Market: Economic and Technological Determinants

Arbeitspapier

We investigate the economic and technological determinants inducing entrepreneurs to establish ventures with the purpose of reinventing financial technology (fintech). We find that countries witness more fintech startup formations when the latest technology is readily available and people have more mobile telephone subscriptions. Furthermore, the available labor force has a positive impact on the development of this new market segment. Finally, the more sound the financial system, the lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be left to chance, but active policies can influence the emergence of this new sector.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 6131

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Entrepreneurship ; Regulation and Business Law: General ; Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
• Thema: fintech ; entrepreneurship ; startups ; financial institutions

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Haddad, Christian ; Hornuf, Lars
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2016

Weitere Informationen

• Handle: http://hdl.handle.net/10419/147385
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ