Financial Innovation
Source: https://bm.hkust.edu.hk/bizinsight/tag/financial-innovation Parent: https://bm.hkust.edu.hk/bizinsight/bizstudies
A Novel Model of Pricing Errors
An important challenge for investors is understanding why some stocks and investments perform better than others. Traditionally, financial experts have predicted how much return (or profit) an investor can expect based on a company’s size, its earnings, or overall economic conditions. With important implications for investors and other finance professionals ... Read More
[ BizStudies ]
Trial and error, arguably the most common approach to problem solving, is frequently delegated. For example, pharmaceutical companies outsource aspects of drug development to contract research organizations, hedge fund executives hire researchers to mine data for profitable trading strategies, and governments regularly task consultants with finding creative ... Read More
[ BizTalks ]
LI, Gen
Why and When Do Crowdfunding Backers Invest?
Crowdfunding—collecting small donations from a large number of investors—is an increasingly popular way of raising capital, particularly for creative projects. With the rise of crowdfunding platforms such as Kickstarter and Indiegogo, entrepreneurs and small businesses have secured billions of dollars to develop their innovative ideas. However, we still know ... Read More
[ BizStudies ]
ZALDOKAS , Alminas
Firms Innovation Disclosure and Their Banking Relationship
Innovating firms face a choice whether to patent its innovation or keep it as a trade secret. US National Science Foundation’s Business R&D and Innovation Survey in 2013 found that 41% R&D-doing firms find patents important and 67% find trade secrets important. Firms might consider that information disclosed in a patent is only imperfectly protected by the ... Read More
[ BizTalks ]
ZALDOKAS , Alminas
Do Retail Investors Acquire Information from TV?
Amid the turbulence in stock markets, retail investors continue to look for investment ideas. With thousands of publicly-traded stocks available, many retail investors often resort to their recent personal experiences when deciding on which stocks to buy or sell. In a recent paper, we find a predictable, recurring, and robust pattern between investor ... Read More
[ BizTalks ]
Industry Report Launched on Adoption of Virtual Banks and Insurers
The issuance of eight virtual bank licenses by the Hong Kong Monetary Authority (HKMA) and four virtual insurer licenses by the Insurance Authority (IA) has led to an increase of Hong Kong’s overall innovation and technology adoption level. To understand the perception of the public towards virtual banks and insurers in Hong Kong, we ae delighted to ... Read More
[ Fintech ]
Fintech Talent Development, Competency, and Manpower Study
With the rise of virtual banks, e-commerce, cashless payments and more, the fintech industry plays an increasingly important role in the management and movement of our finances. However, Hong Kong currently faces a shortage of fintech talent to meet with industry demands in the years ahead. HKUST Business School launched the Fintech Talent Development ... Read More
[ Fintech ]
Mario Daniele Amore
Cédric Schneider
ZALDOKAS , Alminas
Credit Supply and Corporate Innovation
Can developments in the banking industry affect technological progress? Researchers have been generally sceptical that innovative firms, especially listed ones, could benefit from banking credit to finance their innovative activities. But a study argues for a re-think of that assumption. Alminas Zaldokas of HKUST and his co-authors Mario Daniele Amore and ... Read More
[ BizStudies ]
Information technology has clearly had a large impact on traditional banking services and transactions over the past 20 years. The challenges and changes are ongoing. Professor Theodore Clark will present his study on how new technologies and firms challenge traditional assumptions about the services and businesses that will dominate in this new environment ... Read More
[ BizTalks ]