We provide large-scale evidence on the occurrence and value of FinTech innovation. Using a unique dataset of patent … types of FinTech innovation yield positive value to innovators, with Blockchain being particularly valuable. For the … financial sector as a whole, Internet of Things (IoT), Robo-Advising, and Blockchain are the most valuable innovation types …

We aim to tackle the longstanding debate on whether stock liquidity enhances or impedes firm innovation in this paper …. This topic is of particular interest to firm stakeholders and regulators, because innovation is crucial for firm and … find that an increase in liquidity causes a reduction in future innovation. We then identify two possible mechanisms …

are experiencing dramatic change due to innovation and regulation. Accordingly, the paper maps the risks associated in the … fusion of financial innovation with innovation in the energy system through a theoretical framework that draws on …

This paper investigates the effects of aggregate stock market liquidity on innovation at both aggregate and firm levels … mechanisms through which aggregate stock liquidity enhances innovation. First, high stock market liquidity reduces the cost of … equity and finance their innovation. Second, high stock market liquidity generates high firm valuation and reduces …