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Cultural Evolution of Finance: A Study on Monetary Incentives and Financial Innovation

Year: 2024

Type: article

Abstract: This study explores the cultural evolution of finance through the analysis of monetary incentives and their impact on financial innovation. Through an interdisciplinary approach, it investigates how financial practices have changed due to economic and cultural pressures, and how these changes have driven new forms of innovation in global financial markets. The results reveal that monetary incentives play a crucial role in the evolution of financial structures, promoting the adoption of new technologies and financial products that have transformed the global economy. This article highlights the importance of understanding the interplay between culture and finance in order to anticipate future trends in the industry.

Source: Evolutionary Studies in Imaginative Culture

DOI: 10.70082/esiculture.vi.954

Authors: Gissela Karina Meza Rivadeneira, José Luis Rivera Velasco, Diego Omar Guevara Torrecillas, Heshan Sameera Kankanam Pathiranage, Diego Alexander Haro Ávalos

Institutions: Universidad Técnica Estatal de Quevedo, Universidad Nacional Abierta y a Distancia, Sri Lanka Institute of Information Technology, Escuela Superior Politécnica del Chimborazo

Language: English

Topic: Culture, Economy, and Development Studies

Subfield: Demography

Field: Social Sciences

Domain: Social Sciences

Open Access status: diamond

Funder: Princeton University

OpenAlex ID: W4402572919

FWCI: 0.87

Cites:

Cited by: 1

Related to: 10