Faculty of Economics and Business Administration Publications Database

Mindfully Resisting the Bandwagon – IT Innovation Assimilation in the Financial Crisis

Authors:
Wolf, Martin
Pahlke, Immanuel
Beck, Roman
Source:
Volume: 2
Pages: 4 - 5
Month: April
Link External Source: Online Version
Year: 2012
Abstract:

Although the financial meltdown was initially caused by herding behavior in the subprime market for credit default swaps, a concurrent “mindless” it innovation assimilation of participating financial services providers played a major role in facilitating the underlying bandwagon.

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