governed in practice. Despite this, there is little research on the process and governance of financial innovation. The few … use both statutory regulation and self-regulation for innovation governance. This paper concludes that innovation … can ensure their responsible emergence in society. This requires an understanding of how innovation occurs and how it is …

This book aims to disentangle the complex relationship between innovation and its potential determinants, paying … special attention to the roles of governance and regulatory frameworks, and the ways in which the latter interact with other … drivers of innovation such as competition and the innovator’s closeness to the technology frontier …