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

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.

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Publication Details

Journal
Evolutionary Studies in Imaginative Culture
Published
2024-09-14
DOI
https://doi.org/10.70082/esiculture.vi.954
Citations
1
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.95
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article

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

José Rivera, Diego Omar Guevara Torrecillas, Heshan Sameera Kankanam Pathiranage, Diego Alexander Haro Ávalos et al.
1 citations
Evolutionary Studies in Imaginative Culture
Islamic Finance and Banking Studies
0.95
article

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

José Rivera, Diego Omar Guevara Torrecillas, Heshan Sameera Kankanam Pathiranage, Diego Alexander Haro Ávalos, Gissela Karina Meza Rivadeneira
article en
1 citations

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.

Evolutionary Studies in Imaginative Culture
Sri Lanka Institute of Information Technology (LK), Escuela Superior Politécnica del Chimborazo (EC), Universidad Nacional Abierta y a Distancia (CO), Universidad Técnica Estatal de Quevedo (EC)
Openalex Percentile: Top 20%
Islamic Finance and Banking Studies
0.95
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