• DocumentCode
    2575305
  • Title

    Information technology is the key of evolvement mechanisms of finance information industry

  • Author

    Wang, Xiaoxin ; Xin, Zhanhong

  • Author_Institution
    Beijing Univ. of Posts & Telecommun., Beijing, China
  • fYear
    2011
  • fDate
    27-29 June 2011
  • Firstpage
    3290
  • Lastpage
    3293
  • Abstract
    This article starts from industry convergence point of view, provides theoretical analysis on finance information industry´s generation and development; deep dive that financial information industry emerged because of both external pushing and internal motivation; confirm that finance information industry is a new industry by industry convergence. This article also analyzes the reason of the appearance of finance information industry from the theory of Information Economics. Finally, the article point out that the key of the evolvement mechanisms of finance information industry is the development of information technology.
  • Keywords
    economics; financial data processing; evolvement mechanisms; external pushing; finance information industry generation; industry convergence; information economics; information technology; internal motivation; Convergence; Finance; Industries; Information technology; Stock markets; Telecommunications; evolvement mechanisms; finance information industry; industry convergence; information technology;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computer Science and Service System (CSSS), 2011 International Conference on
  • Conference_Location
    Nanjing
  • Print_ISBN
    978-1-4244-9762-1
  • Type

    conf

  • DOI
    10.1109/CSSS.2011.5972219
  • Filename
    5972219