Recent technological developments have enabled a wide array of new applications in financial markets, e.g. big data, cloud computing, artificial intelligence, blockchain, cryptocurrencies, peer-to-peer lending, crowdfunding, and robo-advising, inter alia. While traditionally comprising of...

It is a triumph of technology and of economics that our computer chips are so universal. Countless applications are only possible because of the staggering variety of calculations that modern chips can compute. But, this was not always the case. Computers used to be specialized, doing only...

The diffusion of new information technology (IT) requires the development of an ecosystem of hardware and software producers, users, and other firms. It is widely believed that venture capitalists (VCs) can play a role in the development of such ecosystems. However, empirical research to...

In November 2000, Vodaphone (then J-Phone) introduced the world's first camera phone made by Sharp. It was an instant hit with Japanese youth. At the time, Vodaphone was Japan's number three service provider trailing the market leader DoCoMo, run by NTT, and the second place service provider au,...

During the past decade the federal governments of emerging market ‘BRICS’ (Brazil, Russia, India, China, South Africa) nations have determined that the shortest path to an industrialized and innovative economy is via the institutional conversion of privately conceived, developed and...

High technology innovators and investors operating in the life sciences, clean energy and information and communication technology sectors face complex economic and legal uncertainties compounded by regulatory and policy risks during the course of guiding an innovative concept from its research...

This research-in-progress aims to indentify the salient factors explaining adoption of open source software (OSS), as a technological innovation. The theoretical background of the paper is based on the technological innovation literature. We choose to focus on the open ERP case, as it is...

Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping generative AI advances. Central to our analysis are the concepts of appropriability--whether firms in the industry are able to control the knowledge generated by their innovations--and...

Microfinance, the provision of financial services to poor people, suffers from high interest rates owing to high transaction costs. Within these transaction costs, technologies such as MIS may be a solution to lower operating costs. However, the small size of most MFIs makes software seem...

A new generation of cellular technology has been deployed every decade since the 1980s. We are presently amid the global commercial deployment by Mobile Network Operators (MNOs) of the fifth generation (5G) of cellular technology; and concurrently, a flurry of research is engaged in designing...