A 3D involvement comprehension model for the digital innovation fostering initiatives of the financial services industry.
DOI:
https://doi.org/10.14738/abr.94.9968Keywords:
innovation; financial services; comprehension model; positioning tool;Abstract
The financial services industry word-wide is active not only in financing the innovation, but also in creating opportunities for digital innovation take-up that will ultimately lead to economic growth and entrepreneurial success. By analyzing the activities of the four major financial institutions in Greece in the area of innovation support activities, a 3D model is constructed that clearly demonstrates the strategic area that is shaped for initiatives that foster innovation in the financial services industry sector. This model is also useful as a strategic positioning tool as well as a comprehension model for those actors that would like to enter into this area and gain an understanding of the projects and activities already run by the actors in this field.