Question
Asked 3rd Oct, 2017

Is there any theory on Risk and Innovation combined?

Hello everyone.
Please, am actually looking for a theory that I can make use of which covers both the Financial Risks and Financial Innovation combined.
Any suggestion please.
Thanks

Most recent answer

10th Oct, 2017
Oluwaseyi Olalere
Universiti Malaysia Perlis
Thanks everyone for your contributions. Really appreciated.
However, just a follow up question, does it means that Prospect theory can be use to explain Financial risks and Financial Innovation also?

All Answers (5)

3rd Oct, 2017
Jacob Brix
Aalborg University Business School
Hi O,
there is quite much about both risk and innovation in Tidd and Bessant’s book “innovation management”. If you are interested in the link between risk, uncertainty and innovation, I strongly recommend following article, being one of my favorites: 
O'Connor, G. C., & Rice, M. P. (2013). A comprehensive model of uncertainty associated with radical innovation. Journal of Product Innovation Management, 30(S1), 2-18.
I hope these references might help you,
best - Jacob 
1 Recommendation
4th Oct, 2017
Anubhav Singh
Doon Business School
10th Oct, 2017
Oluwaseyi Olalere
Universiti Malaysia Perlis
Thanks everyone for your contributions. Really appreciated.
However, just a follow up question, does it means that Prospect theory can be use to explain Financial risks and Financial Innovation also?

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