Repercusiones de la integración y consolidación de los sectores bancarios europeos sobre la innovación y las actividades de los emprendedores

We investigate whether the agenda of deepening the integration of the European financial sector may hurt innovation and growth in Europe. In particular we highlight the problems financial integration may create for breakthrough innovation. Financial integration, by escalating competition and consolidation in the European banking sector, may jeopardize the funding of radical innovators. However weighing the current evidence we conclude these problems may at most be transitory.

15. December 2006

Authors Hans Degryse Steven Ongena Maria Fabiana Penas

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Professor Hans Degryse, PhD
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