The output and productivity benefits of fintech collaboration: Scotland and Ireland

Daniel Broby, Andreas Hoepner, Johannes Klausmann, Hampus Adamsson

Research output: Contribution to conferencePaper

Abstract

This paper is a thought piece on the impact of joint collaboration in fintech on output and productivity. It identifies a distinct fintech sector from both the Scottish and Irish financial and technology related industrial groupings and maps the largest employers amongst the fintech start ups. The multiplier effect of this subgrouping and the sectors productivity enhancing nature are used to forecast the job impact of such collaboration. Our analysis of the Scottish and Irish fintech sub-sector shows that joint collaboration in fintech will increase output and labour productivity, outpacing Scottish and Irish GDP growth and labour productivity. The key conclusion is that collaboration could be net positive for employment assuming no exogenous shocks caused by the new technology from other geographies.

Conference

ConferenceSIFI Fintech
CountryUnited Kingdom
CityEdinburgh
Period7/06/187/06/18

Fingerprint

Productivity
Personnel
Ireland
Scotland
Labour productivity

Keywords

  • fintech
  • Scotland
  • Ireland
  • financial employment
  • financial technology
  • finance
  • banking

Cite this

Broby, D., Hoepner, A., Klausmann, J., & Adamsson, H. (2018). The output and productivity benefits of fintech collaboration: Scotland and Ireland. 1-13. Paper presented at SIFI Fintech
, Edinburgh, United Kingdom.
Broby, Daniel ; Hoepner, Andreas ; Klausmann, Johannes ; Adamsson, Hampus. / The output and productivity benefits of fintech collaboration : Scotland and Ireland. Paper presented at SIFI Fintech
, Edinburgh, United Kingdom.13 p.
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abstract = "This paper is a thought piece on the impact of joint collaboration in fintech on output and productivity. It identifies a distinct fintech sector from both the Scottish and Irish financial and technology related industrial groupings and maps the largest employers amongst the fintech start ups. The multiplier effect of this subgrouping and the sectors productivity enhancing nature are used to forecast the job impact of such collaboration. Our analysis of the Scottish and Irish fintech sub-sector shows that joint collaboration in fintech will increase output and labour productivity, outpacing Scottish and Irish GDP growth and labour productivity. The key conclusion is that collaboration could be net positive for employment assuming no exogenous shocks caused by the new technology from other geographies.",
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note = "Published by the Centre for Financial Regulation and Innovation, Strathclyde Business School, University of Strathclyde.; SIFI Fintech<br/> ; Conference date: 07-06-2018 Through 07-06-2018",
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Broby, D, Hoepner, A, Klausmann, J & Adamsson, H 2018, 'The output and productivity benefits of fintech collaboration: Scotland and Ireland' Paper presented at SIFI Fintech
, Edinburgh, United Kingdom, 7/06/18 - 7/06/18, pp. 1-13.

The output and productivity benefits of fintech collaboration : Scotland and Ireland. / Broby, Daniel; Hoepner, Andreas ; Klausmann, Johannes; Adamsson, Hampus.

2018. 1-13 Paper presented at SIFI Fintech
, Edinburgh, United Kingdom.

Research output: Contribution to conferencePaper

TY - CONF

T1 - The output and productivity benefits of fintech collaboration

T2 - Scotland and Ireland

AU - Broby, Daniel

AU - Hoepner, Andreas

AU - Klausmann, Johannes

AU - Adamsson, Hampus

N1 - Published by the Centre for Financial Regulation and Innovation, Strathclyde Business School, University of Strathclyde.

PY - 2018/6/1

Y1 - 2018/6/1

N2 - This paper is a thought piece on the impact of joint collaboration in fintech on output and productivity. It identifies a distinct fintech sector from both the Scottish and Irish financial and technology related industrial groupings and maps the largest employers amongst the fintech start ups. The multiplier effect of this subgrouping and the sectors productivity enhancing nature are used to forecast the job impact of such collaboration. Our analysis of the Scottish and Irish fintech sub-sector shows that joint collaboration in fintech will increase output and labour productivity, outpacing Scottish and Irish GDP growth and labour productivity. The key conclusion is that collaboration could be net positive for employment assuming no exogenous shocks caused by the new technology from other geographies.

AB - This paper is a thought piece on the impact of joint collaboration in fintech on output and productivity. It identifies a distinct fintech sector from both the Scottish and Irish financial and technology related industrial groupings and maps the largest employers amongst the fintech start ups. The multiplier effect of this subgrouping and the sectors productivity enhancing nature are used to forecast the job impact of such collaboration. Our analysis of the Scottish and Irish fintech sub-sector shows that joint collaboration in fintech will increase output and labour productivity, outpacing Scottish and Irish GDP growth and labour productivity. The key conclusion is that collaboration could be net positive for employment assuming no exogenous shocks caused by the new technology from other geographies.

KW - fintech

KW - Scotland

KW - Ireland

KW - financial employment

KW - financial technology

KW - finance

KW - banking

M3 - Paper

SP - 1

EP - 13

ER -

Broby D, Hoepner A, Klausmann J, Adamsson H. The output and productivity benefits of fintech collaboration: Scotland and Ireland. 2018. Paper presented at SIFI Fintech
, Edinburgh, United Kingdom.