Modeling the process for innovation in financial services

Conference paper (2014)

Authors

P.A.C. Das Old - TPM-MAS-SK Systeem Engineering
L Bonebakker External organisation
A. Verbraeck Old - TPM-MAS-SK Systeem Engineering
M.A. Oey Old - TPM-MAS-SK Systeem Engineering
R.M. Verburg Economics of Technology and Innovation - TPM
Research Group
Old - TPM-MAS-SK Systeem Engineering
More Info
expand_more

Published Date

2014

Language

English

Reuse Rights

Other than for strictly personal use, it is not permitted to download, forward or distribute the text or part of it, without the consent of the author(s) and/or copyright holder(s), unless the work is under an open content license such as Creative Commons.

Research Group

Old - TPM-MAS-SK Systeem Engineering

Abstract

This paper examines process models for innovation in complex large-scale organizations. Both models in literature and in financial services are examined. The paper proposes a spiral process model for innovation that emphasizes the continuous and evolutionary character of innovation in complex large-scale financial institutions. This is based on barriers and enablers for innovation that are identified in a study conducted at ING Bank.