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Towards a practical approach to responsible innovation in finance: New Product Committees revisited

Margaret Armstrong (Centre d'Economie Industrielle, Mines ParisTech, Paris, France)
Guillaume Cornut (Paris, France)
Stéphane Delacôte (FI3M (Mines ParisTech foundation), Paris, France)
Marc Lenglet (European Business School Paris, Paris, France)
Yuval Millo (London School of Economics, London, UK)
Fabian Muniesa (Mines ParisTech, Paris, France)
Alexandre Pointier (Paris, France)
Yamina Tadjeddine (Université Paris Ouest Nanterre La Défense, Nanterre, France)

Journal of Financial Regulation and Compliance

ISSN: 1358-1988

Article publication date: 4 May 2012

1174

Abstract

Purpose

The purpose of this paper is to highlight the potentials offered by New Product Committees for the development of responsible innovation in the financial services industry; and to provide grounds for policy recommendations.

Design/methodology/approach

The paper takes the form of collective, interdisciplinary reflection and experience within the industry.

Findings

New Product Committees can serve a practical approach to responsible innovation in finance.

Originality/value

The paper fills a gap in the empirical consideration of New Product Committees in the financial services industry and proposes original directions for policy orientations within organizations and at a regulatory level.

Keywords

Citation

Armstrong, M., Cornut, G., Delacôte, S., Lenglet, M., Millo, Y., Muniesa, F., Pointier, A. and Tadjeddine, Y. (2012), "Towards a practical approach to responsible innovation in finance: New Product Committees revisited", Journal of Financial Regulation and Compliance, Vol. 20 No. 2, pp. 147-168. https://doi.org/10.1108/13581981211218289

Publisher

:

Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited

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