Strategic coupling between finance, technology and the state: (Record no. 14581)
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fixed length control field | 02190nab a2200205 4500 |
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control field | 20230910155004.0 |
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100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Hendrikse, Reijer |
245 ## - TITLE STATEMENT | |
Title | Strategic coupling between finance, technology and the state: |
Sub Title | Cultivating a Fintech ecosystem for incumbent finance/ |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Name of publisher, distributor, etc | Sage, |
Date of publication, distribution, etc | 2020. |
300 ## - PHYSICAL DESCRIPTION | |
Pages | Vol. 52, Issue 8, 2020 ( 1516–1538 p.) |
520 ## - SUMMARY, ETC. | |
Summary, etc | The rise of Fintech challenges established financial centres and incumbent financial institutions to rethink their strategies to remain obligatory passage points in the age of digitizing finance. To appreciate these changes, it is important to maintain theoretical interchange between developments in financial geography and economic geography, its parent discipline. In this paper, we argue that the ways in which evolutionary economic geography impacts strategic coupling in global financial networks are crucial to grasp tomorrow’s geographies of Fintech. Through an in-depth examination of Brussels, we analyse the potential of Fintech opening a window of locational opportunity in financial services. Belgium has put together a strategy to seize this window by leveraging its politically neutral image and Brussels’ existing niche in financial collaboration and infrastructural plumbing. The latter status is exemplified by the presence of global players SWIFT and Euroclear. We analyse how Belgian entrepreneurs and politicians assess Brussels’ locational resources, and strategically couple big financial institutions with small tech startups in order to cultivate a Fintech ecosystem in the service of incumbent finance, constituting a Fin-Tech-State triangle. As such, we document and analyse how the coalescence of finance and technology offers new opportunities for second-tier financial centres, while highlighting the difficulties in reaping these in practice. |
700 ## - Added Entry Personal Name | |
Added Entry Personal Name | Meeteren, Michiel Van |
700 ## - Added Entry Personal Name | |
Added Entry Personal Name | Bassens, David |
773 0# - HOST ITEM ENTRY | |
Host Biblionumber | 8877 |
Host Itemnumber | 17103 |
Place, publisher, and date of publication | London Pion Ltd. 2010 |
Title | Environment and planning A |
International Standard Serial Number | 1472-3409 |
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Uniform Resource Identifier | https://doi.org/10.1177/0308518X19887967 |
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Koha item type | E-Journal |
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