emjumeЭкономика и управлениеEconomics and Management1998-16273033-7984СПбУТУиЭ10.35854/1998-1627-2022-11-1169-1180emjume-1483Research ArticleНАУЧНЫЕ ИССЛЕДОВАНИЯ МОЛОДЫХ УЧЕНЫХSCIENTIFIC RESEARCH OF YOUNG SCIENTISTSЭкономическая сущность финансовых инноваций и инновационная трансформация финансовых услугThe economic essence of financial innovation and innovative transformation of financial servicesГанемЛ.GhanemL.

аспирант 3-го курса факультета международных экономических отношений

3nd year graduate student of the Faculty of International Economic Relations

ghanemlig71@gmail.comФинансовый университет при Правительстве Российской ФедерацииFinancial University under the Government of the Russian Federation202229112022281111691180Copyright © Ганем Л., 20222022Ганем Л.Ghanem L.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://emjume.elpub.ru/jour/article/view/1483

Цель. Раскрыть экономическую сущность финансовой инновации и особенности ее эволюционного роста, которые соответствуют текущим и инновационным разработкам финансовых услуг.Задачи. Проанализировать и обосновать переход от концепции инноваций к концепции финансовых инноваций с точки зрения ученых; изучить эволюционные характеристики финансовых инноваций, которые соответствуют текущему развитию финансовых услуг; разработать механизм, способствующий росту и распространению финансовых инноваций.Методология. Исследование проведено на основе анализа научной литературы авторитетных ученых и авторов, посвященной определению понятия финансовых инноваций, их характеристик и этапов развития.Результаты. Сложная концепция финансовых инноваций эволюционирует с развитием науки и техники. Ученые по-разному относятся к своей концепции финансовых инноваций, что приводит к отсутствию единого определения данного понятия. Инновации играют ключевую роль в эффективном функционировании финансового рынка и экономическом росте. Выявлены наиболее важные характеристики финансовых инноваций, связанные с непрерывным развитием. Сформулировано несколько предложений, способствующих росту и развитию финансовых инноваций и соответствующих инновационной трансформации финансовых услуг в настоящее время.Выводы. Изучение финансовых инноваций и их различных характеристик позволяет понять влияние текущих технологических разработок на традиционную концепцию финансовых инноваций, ограниченную только банковским сектором, в дополнение к выявлению недостатков, которые помогают сформировать сбалансированный механизм, обеспечивающий эффективный рост финансовых инноваций.

Aim. The presented study aims to reveal the economic essence of financial innovation and the specific features of its evolutionary growth, which correspond to the current and innovative developments in financial services.Tasks. The authors analyze and justify the transition from the concept of innovation to the concept of financial innovation from the scientific perspective; examine the evolutionary characteristics of financial innovation that correspond to the current development of financial services; develop a mechanism that facilitates the growth and spreading of financial innovation.Methods. This study is based on the analysis of works of reputable scientists and authors devoted to defining the concept of financial innovation, its characteristics, and stages of development.Results. The complex concept of financial innovation evolves with the development of science and technology. Scientists approach the concept of financial innovation differently, which leads to the lack of a single definition of this concept. Innovation plays a key role in the efficient functioning of the financial market and economic growth. The most important characteristics of financial innovation related to continuous development are identified. Several proposals are formulated to facilitate the growth and development of financial innovation while corresponding to the innovative transformation of financial services at the present time.Conclusions. A study of financial innovations and their various characteristics makes it possible to understand the impact of current technological developments on the traditional concept of financial innovation, limited only to the banking sector, in addition to identifying shortcomings that help to form a balanced mechanism that ensures the efficient growth of financial innovation.

инновациифинансовые рынкитворчествоконкурентоспособностьэкономический ростфинансовые технологииinnovationfinancial marketscreativitycompetitivenesseconomic growthfinancial technologiesReferencesGodin B. “Innovation Studies”: The Invention of a Specialty // Minerva. 2012. Vol. 50. No. 4. P. 397–421. DOI: 10.1007/s11024-012-9212-8Godin B. “Innovation studies”: The invention of a specialty. Minerva. 2012;50(4):397-421. DOI: 10.1007/s11024-012-9212-8Fagerberg J. “Innovation: A Guide to the Literature” (chapter 1). The Oxford Handbook of Innovation / Ed. by J. Fagerberg, D. Mowery, R. Nelso. Oxford: Oxford University Press, 2009, P. 1–26. DOI: 10.1093/oxfordhb/9780199286805.003.0001Fagerberg J. Innovation: A guide to the literature. In: Fagerberg J., Mowery D., Nelso R., eds. The Oxford handbook of innovation. Oxford: Oxford University Press; 2009:1-26. DOI: 10.1093/oxfordhb/9780199286805.003.0001Данилкова Е. Б. Экономическая сущность и природа инновации // Вестник Воронежского государственного университета инженерных технологий. 2017. Т. 79. № 1. С. 326–331. DOI: 10.20914/2310-1202-2017-1-326-331Danilkova E.B. The economic essence and the nature of innovation. Vestnik Voronezhskogo gosudarstvennogo universiteta inzhenernykh tekhnologii = Proceedings of the Voronezh State University of Engineering Technologies. 2017;79(1):326-331. (In Russ.). DOI: 10.20914/2310-1202-2017-1-326-331Taylor S. What Is Innovation? A Study of the Definitions, Academic Models and Applicability of Innovation to an Example of Social Housing in England // Open Journal of Social Sciences. 2017. Vol. 5. No. 11. P. 128–146. DOI: 10.4236/jss.2017.511010Taylor S. What is innovation? A study of the definitions, academic models and applicability of innovation to an example of social housing in England. Open Journal of Social Sciences. 2017;5(11):128-146. DOI: 10.4236/jss.2017.511010Нехайчук Д. В., Климчук С. В., Будник С. А. Теоретические подходы к исследованию экономического содержания финансовых инноваций // Гуманитарные, социально-экономические и общественные науки. 2019. № 3. C. 162–168. DOI: 10.23672/SAE.2019.2019.28052Nekhaichuk D.V., Klimchuk S.V., Budnik S.A. Theoretical approaches to the study of the economic content of financial innovations. Gumanitarnye, sotsial’no-ekonomicheskie i obshchestvennye nauki = Humanities, Social-Economic and Social Sciences. 2019;(3):162-168. (In Russ.). DOI: 10.23672/SAE.2019.2019.28052Прохоров К. Н. Инновации в банковской сфере // Проблемы учета и финансов. 2014. № 4 (16). С. 55–58.Prokhorov K.N. Innovations in banking sphere. Problemy ucheta i finansov. 2014;(4):55-58. (In Russ.).Пономарева С. В., Щербинин Д. П. Новые инструменты на рынке, рассматриваемые как финансовые инновации // Контентус. 2016. № 3 (44). C. 14–23.Ponomareva S.V., Shcherbinin D.P. New instruments on the market considered as financial innovations. Kontentus. 2016;(3):14-23. (In Russ.).Lashari Z., Pilgrims H. Competitiveness and the new business environment as a factor for the development of financial innovation in financial institutions // Afaq Journal for Studies and Research. 2018. Vol. 1. P. 122–137.Lashari Z., Pilgrims H. Competitiveness and the new business environment as a factor for the development of financial innovation in financial institutions. Afaq Journal for Studies and Research. 2018;1:122-137. (In Arabic).Błach J. Financial innovations and their role in the modern financial system-identification and systematization of the problem // Financial Internet Quarterly. 2011. Vol. 7. No. 3. P. 13–26. URL: https://www.econstor.eu/bitstream/10419/66758/1/68882367X.pdf (дата обращения: 18.09.2022).Błach J. Financial innovations and their role in the modern financial system-identification and systematization of the problem. Financial Internet Quarterly. 2011;7(3):13-26. URL: https://www.econstor.eu/bitstream/10419/66758/1/68882367X.pdf (accessed on 18.09.2022).Wyman O. Rethinking financial innovation: Reducing negative outcomes while retaining the benefits. Geneva: World Economic Forum, 2012. 92 p. URL: https://www3.weforum.org/docs/WEF_FS_RethinkingFinancialInnovation_Report_2012.pdf (дата обращения: 18.09.2022).Wyman O. Rethinking financial innovation: Reducing negative outcomes while retaining the benefits. Geneva: World Economic Forum; 2012. 92 p. URL: https://www3.weforum.org/docs/WEF_FS_RethinkingFinancialInnovation_Report_2012.pdf (accessed on 18.09.2022).Block F., Keeler M. R. Where Do Innovations Come From? Transformations in the U.S. Economy, 1970–2006 // Socio-Economic Review. 2009. Vol. 7. No. 3. P. 459–483. DOI: 10.1093/ser/mwp013Block F., Keeler M.R. Where do innovations come from? Transformations in the U.S. economy, 1970-2006. Socio-Economic Review. 2009;7(3):459-483. DOI: 10.1093/ser/mwp013Ülgen F. Innovation Dynamics and Financialization: Is Another Regulation Possible to Re- Industrialise the Economy? // Journal of Innovation Economics and Management. 2019. Vol. 2. No. 29. P. 133–158. DOI: 10.3917/jie.029.0133Ülgen F. Innovation dynamics and financialization: Is another regulation possible to re-Industrialise the economy? Journal of Innovation Economics and Management. 2019;2(29):133- 158. DOI: 10.3917/jie.029.0133Lacassé R-M., Lambert B., Luza J. D. C. FinTech invasion: significant turbulence in perspective // International journal of innovation and scientific research. 2016. Vol 25. No. 2. P. 457–465. URL: http://fintechlab.ca/wp-content/uploads/2016/11/Invasion-Fintech-Site-Web.pdf (дата обращения: 18.09.2022).Lacassé R.-M., Lambert B., Cárdenas Luza J.O. FinTech invasion: Significant turbulence in perspective. International Journal of Innovation and Scientific Research. 2016;25(2):457- 465. URL: http://fintechlab.ca/wp-content/uploads/2016/11/Invasion-Fintech-Site-Web.pdf (accessed on 18.09.2022).Afzal A., Gauharb A. A. The Dark Side of Financial Innovation: Deterrent For Economic Growth // Academy of Accounting and Financial Studies Journal. 2020. Vol. 24. No. 5. URL: https://www.abacademies.org/articles/the-dark-side-of-financial-innovation-deterrentforeconomic-growth-9545.html (дата обращения: 18.09.2022).Afzal A., Gauharb A. A. The dark side of financial innovation: Deterrent for economic growth. Academy of Accounting and Financial Studies Journal. 2020;24(5). URL: https://www.abacademies.org/articles/the-dark-side-of-financial-innovation-deterrent-for-economicgrowth-9545.html (accessed on 18.09.2022).Olalere O. E., Kes M. S. E. M., Islam M. A., Rahman S. The Effect of Financial Innovation and Bank Competition on Firm Value: A Comparative Study of Malaysian and Nigerian Banks // Journal of Asian Finance, Economics and Business. 2021. Vol. 8. No. 6. P. 245– 253. DOI: 10.13106/JAFEB.2021.VOL8.NO6.0245Olalere O.E., Kes M.S.E.M., Islam A., Rahman S. The effect of financial innovation and bank competition on firm value: A comparative study of Malaysian and Nigerian banks. Journal of Asian Finance, Economics and Business. 2021. Vol. 8. No. 6. P. 245–253. DOI: 10.13106/jafeb.2021.vol8.no6.0245Appiah-Otoo I., Song N. The impact of Fintech on poverty reduction: Evidence from China // Sustainability. 2021. Vol. 13. No. 9. 5225. DOI: 10.3390/su13095225Appiah-Otoo I., Song N. The impact of Fintech on poverty reduction: Evidence from China. Sustainability. 2021;13(9):5225. DOI: 10.3390/su13095225Abdo F. The Impact of Financial Innovation on Financial and Operational Performance of Commercial Banks in Ethiopia: Master’s thesis. Addis Ababa: Addis Ababa University, 2020. 112 p. URL: http://etd.aau.edu.et/bitstream/handle/123456789/22717/Feysel%20Abdo.pdf?sequence=1&isAllowed=y (дата обращения: 18.09.2022).Abdo F. The impact of financial innovation on financial and operational performance of commercial banks in Ethiopia. Master’s thesis. Addis Ababa: Addis Ababa University; 2020. 112 p. URL: http://etd.aau.edu.et/bitstream/handle/123456789/22717/Feysel%20Abdo.pdf?sequence=1&isAllowed=y (accessed on 18.09.2022).Иваненко И. А., Татаров Л. Э. Факторы и императивы международных финансовых инноваций // Крымский вектор – 2019: сборник научных трудов Всероссийского экономического форума с международным участием. Евпатория: Ариал, 2018. С. 179–183.Ivanenko I.A., Tatarov L.E. Factors and imperatives of international financial innovations. In: Crimean vector — 2019. Proc. All-Russ. economic forum with int. particip. Evpatoria: Arial; 2018:179-183. (In Russ.).Cheraghalizadeh R., Olya H., Tumer M. The Effects of External and Internal Factors on Competitive Advantage-Moderation of Market Dynamism and Mediation of Customer Relationship Building // Sustainability. 2021. Vol. 13. No. 7. 4066. DOI: 10.3390/su13074066Cheraghalizadeh R., Olya H., Tumer M. The effects of external and internal factors on competitive advantage-moderation of market dynamism and mediation of customer relationship building. Sustainability. 2021;13(7):4066. DOI: 10.3390/su13074066Błach J. Barriers to Financial Innovation — Corporate Finance Perspective // Journal of Risk and Financial Management. 2020. Vol. 13. No. 11. 273. DOI: 10.3390/jrfm13110273Błach J. Barriers to financial innovation — corporate finance perspective. Journal of Risk and Financial Management. 2020;13(11):273. DOI: 10.3390/jrfm13110273Fintech Financial Technical Innovations. Marmore MENA Intelligence Company, 2019. 154 p.Fintech financial technical innovations. Marmore MENA Intelligence Company; 2019. 154 p. (In Arabic).

The authors declare that there are no conflicts of interest present.