Mohammed Al-Mannaei, O. Al-Jayyousi, Asif Mahmood, U. Dornberger, Noor Al-Jayousi
{"title":"Evaluating innovation performance for financial technology within the national innovation system: A case study of the Kingdom of Bahrain","authors":"Mohammed Al-Mannaei, O. Al-Jayyousi, Asif Mahmood, U. Dornberger, Noor Al-Jayousi","doi":"10.15678/eber.2023.110210","DOIUrl":null,"url":null,"abstract":"Objective: This article aims to identify the role of ICT infrastructure and knowledge creation on innovation outcomes based on the technology innovation system (TIS) framework to stimulate innovation in financial technology (fintech) in Bahrain. Research Design & Methods: This study employed the framework of the technology innovation system (as a sub-set of the national innovation system (NIS)) as a theoretical framework, with variables that were extracted from four major innovation theories. The study evaluated the fintech innovation sector in several commercial banks and government institutions in the Kingdom of Bahrain using a survey questionnaire. The data were collected from 119 respondents, and analyzed through partial least squares structural equation modelling(PLS-SEM). Findings: The results showed that knowledge creation, ICT infrastructure, and knowledge diffusion impacted innovation outputs through knowledge impact. Moreover, knowledge creation did not affect innovation outputs directly but through knowledge creation. Implications & Recommendations: The study would be invaluable for the financial managers of fintech industries in implementing strategies as well as for the policymakers in integrating financial technology innovations into the financial system. Contribution & Value Added: The study uniquely explains the role of knowledge impact between knowledge creation, ICT infrastructure, knowledge diffusion, and innovation outputs.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":null,"pages":null},"PeriodicalIF":2.6000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Entrepreneurial Business and Economics Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.15678/eber.2023.110210","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Objective: This article aims to identify the role of ICT infrastructure and knowledge creation on innovation outcomes based on the technology innovation system (TIS) framework to stimulate innovation in financial technology (fintech) in Bahrain. Research Design & Methods: This study employed the framework of the technology innovation system (as a sub-set of the national innovation system (NIS)) as a theoretical framework, with variables that were extracted from four major innovation theories. The study evaluated the fintech innovation sector in several commercial banks and government institutions in the Kingdom of Bahrain using a survey questionnaire. The data were collected from 119 respondents, and analyzed through partial least squares structural equation modelling(PLS-SEM). Findings: The results showed that knowledge creation, ICT infrastructure, and knowledge diffusion impacted innovation outputs through knowledge impact. Moreover, knowledge creation did not affect innovation outputs directly but through knowledge creation. Implications & Recommendations: The study would be invaluable for the financial managers of fintech industries in implementing strategies as well as for the policymakers in integrating financial technology innovations into the financial system. Contribution & Value Added: The study uniquely explains the role of knowledge impact between knowledge creation, ICT infrastructure, knowledge diffusion, and innovation outputs.
期刊介绍:
Entrepreneurial Business and Economics Review (EBER), as multi-disciplinary and multi-contextual journal, is dedicated to serve as a broad and unified platform for revealing and spreading economics and management research focused on entrepreneurship, individual entrepreneurs as well as particular entrepreneurial aspects of business. It attempts to link theory and practice in different sections of economics and management by publishing various types of articles, including research papers, conceptual papers and literature reviews. Our geographical scope of interests include Central and Eastern Europe and emerging markets, however we also welcome articles beyond this scope. The Journal accept the articles from the following fields: -Entrepreneurship and Business Studies (in particular entrepreneurship and innovation, strategic entrepreneurship, corporate entrepreneurship, entrepreneurship methodology, new trends in HRM and HRD as well as organizational behaviour, entrepreneurial management, entrepreneurial business, management methodology, modern trends in business studies and organization theory, policies promoting entrepreneurship, innovation, R&D and SMEs, education for entrepreneurship), -International Business and Global Entrepreneurship (especially international entrepreneurship, European business, and new trends in international business, IB methodology), -International Economics and Applied Economics (in particular the role of entrepreneurship and the entrepreneur in economics, international economics including the economics of the European Union and emerging markets, as well as Europeanization, new trends in economics, economics methodology).