Published In

Portland International Conference on Management of Engineering & Technology (PICMET)

Document Type

Article

Publication Date

9-2016

Subjects

Technology -- Management, Technology assessment

Abstract

The topic of managing technology had traditionally focused upon the manufacturing industries; but the service industries grew to become a major sector of industry and commerce. We examine how to manage technology in the financial commercial sector. What is innovation in the financial sector? How does innovation occur in the financial sector? What are the criteria of technology safety in financial innovations? Why did financial innovation contribute to financial instabilities, such as the Global Financial Crisis of 2007-08? Why had governmental agencies failed to properly regulate the financial sector for safety? How did U.S. government financial agencies handle that financial crisis to result in a major recession rather than a second Great Depression? This paper is a cross-disciplinary study between MOT and economics.

Description

This is the publisher's final pdf. Copyright © 2016 by PICMET. Paper delivered at Portland International Conference on Management of Engineering and Technology (PICMET), 2016.

Final published version is available here: https://doi.org/10.1109/PICMET.2016.7806742

DOI

10.1109/PICMET.2016.7806742

Persistent Identifier

http://archives.pdx.edu/ds/psu/19718

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