Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156261
Authors: 
Haddad, Christian
Hornuf, Lars
Year of Publication: 
2016
Series/Report no.: 
IAAEU Discussion Paper Series in Economics 06/2016
Abstract: 
We investigate the economic and technological determinants inducing entrepreneurs to establish ventures with the purpose of reinventing financial technology (fintech). We find that countries witness more fintech startup formations when the latest technology is readily available and people have more mobile telephone subscriptions. Furthermore, the available labor force has a positive impact on the development of this new market segment. Finally, the more sound the financial system, the lower the number of fintech startups in a country. Overall, the evidence suggests that fintech startup formation need not be left to chance, but active policies can influence the emergence of this new sector.
Subjects: 
Fintech
Entrepreneurship
Startups
Financial institutions
JEL: 
L26
K2
O3
Document Type: 
Working Paper

Files in This Item:
File
Size
698.56 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.