The Imperative of Financial Innovation

We recently changed our email address to noreply@email.hbr.org. To ensure that you continue to receive messages from us, please add our new address to your address book, trusted sender list, or company white list. Learn how »

Are you having trouble viewing this email? If so, click here to see it in a web browser. FINANCE & ACCOUNTING HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile The Imperative of Financial Innovation Leo Tilman Our economy needs financial innovations. Here's how to separate the good from the bad. This post is part of the new HBR Debate "Finance: The Way Forward." Share your views and join the debate today » Why the Latest Financial Reform Bills Won't Prevent Another Crisis Ron Ashkenas The combination of human behavior and market forces is much more powerful than any legislation. Read more. Financial Innovation: Knowing Abuse When We See It Margaret Blair Three simple tests for determining whether a new financial product is a good idea or a recipe for trouble. Read more. Banks Took Big Risks Because Shareholders Wanted Them To Justin Fox The financial institutions that got in the most trouble were ones where executive pay was aligned with shareholder interests. Read more. Wanted: A First National Bank of Innovation Harvard Business Review Article Historically, the U.S. economy has been about ideas, experiment, and exploration. U.S. dynamism — the country's ability and proclivity to innovate — depends on multiplicity: variety among new ideas, a pluralism of beliefs among financiers, and diversity among consumers. But dynamism has been in decline. Financial Innovation: And the Band Plays On Michael G. Jacobides Innovation has been great for the financial sector, not so great for the rest of the economy. Read more. ADVERTISEMENT BEST SELLERS Guide to Persuasive Presentations HBR's 10 Must Reads: The Essentials Financial Intelligence Collection HBR's 10 Must Reads on Managing Yourself Guide to Better Business Writing ADVERTISEMENT Job Seekers, Take Note Whether you've been laid off or are considering a job change, HBR's Guide to Getting a Job will help ensure that your next move is the right one. Only $19.95. Buy now » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "Finance & Accounting" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)