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Technology-driven innovation in financial services has been
attracting global attention and interest. FinTech innovation is
presenting a paradigm shift in financial services affecting a wide
range of products, processes and services but also sparking a
broader evolutionary transformation, growth opportunities and
foundational systemic and structural changes in light of
technological interdependencies among market players,
infrastructures and ecosystem stakeholders.Transformation Dynamics
in FinTech contributes to the intellectual curiosity around the
symbiotic relationship of finance and technology by focusing on the
multidimensional and multidisciplinary role of open innovation
within FinTech innovation, observing and communicating the latest
technological, managerial, governance, policy and regulatory
perspectives, trends and developments.This book is an essential
reading for anyone interested in the growing and evolving
development of FinTech ecosystems based on new capabilities and
structures that create new dominant architectural designs, which
determine competitive dynamics, products, services, processes,
business models, markets, value chains, within an open and
transformed financial services industry landscape.
What is the profile to excel and lead in an open innovation
environment, within and across organizational boundaries? What are
the organizational ingredients and ways contributing to the
creation of the right corporate open innovation environment and
culture, within and across organizational boundaries? What is the
role of organizational culture as a catalyst for adopting open
innovation practices? What kinds of educational and training
curricula for open innovation need to be developed and put in
place? By unveiling the peculiarities of the dynamic interplay
between the individual and organizational spectrums, this volume,
seeks to provide relevant answers to these questions, among others.
Readers are invited to embark on a fascinating and challenging
journey towards one of the darkest of sides and mysteries of open
innovation: the human element.Open Innovation: Unveiling the Power
of the Human Element brings together the latest thinking from
members of the academic community, industry leaders and
practitioners, along with, policy-makers. By adopting a variety of
research methods, this volume provides relevant up-to-speed but at
the same time down-to-earth invaluable insights, foresights and
solutions in relation to the role and the positioning of the human
element within the participatory and connection-driven DNA of the
open innovation paradigm.
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