Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general,...
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| Format: | Article |
| Language: | en |
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Universiti Teknologi Mara Selangor
2013
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| Online Access: | https://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf https://ir.uitm.edu.my/id/eprint/32769/ https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
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| _version_ | 1833064346856456192 |
|---|---|
| author | Dar, Humayon A. |
| author_facet | Dar, Humayon A. |
| author_sort | Dar, Humayon A. |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general, an incremental process that utilises existing instruments and methods in new formats and permutations to achieve desired objectives, goals and outcomes in a more efficient and cost effective way. In a business context, it will still be considered as an innovation if a desired outcome is achieved by utilising the same existing instruments and methods with no increased efficiency or cost effectiveness, as long as the new format and permutation result in increased profits. |
| format | Article |
| id | my.uitm.ir-32769 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2013 |
| publisher | Universiti Teknologi Mara Selangor |
| record_format | eprints |
| spelling | my.uitm.ir-327692020-07-23T09:13:49Z https://ir.uitm.edu.my/id/eprint/32769/ Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar. jeeir Dar, Humayon A. HJ Public Finance Finance, Islamic In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general, an incremental process that utilises existing instruments and methods in new formats and permutations to achieve desired objectives, goals and outcomes in a more efficient and cost effective way. In a business context, it will still be considered as an innovation if a desired outcome is achieved by utilising the same existing instruments and methods with no increased efficiency or cost effectiveness, as long as the new format and permutation result in increased profits. Universiti Teknologi Mara Selangor 2013-09 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar. (2013) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29/>, 1 (3). pp. 1-22. ISSN 2289-2559 https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
| spellingShingle | HJ Public Finance Finance, Islamic Dar, Humayon A. Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar. |
| title | Islamic financial innovation: tools and trends /
viewpoints by guest author Humayon A. Dar. |
| title_full | Islamic financial innovation: tools and trends /
viewpoints by guest author Humayon A. Dar. |
| title_fullStr | Islamic financial innovation: tools and trends /
viewpoints by guest author Humayon A. Dar. |
| title_full_unstemmed | Islamic financial innovation: tools and trends /
viewpoints by guest author Humayon A. Dar. |
| title_short | Islamic financial innovation: tools and trends /
viewpoints by guest author Humayon A. Dar. |
| title_sort | islamic financial innovation: tools and trends /
viewpoints by guest author humayon a. dar. |
| topic | HJ Public Finance Finance, Islamic |
| url | https://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf https://ir.uitm.edu.my/id/eprint/32769/ https://journal.uitm.edu.my/ojs/index.php/JEEIR/ |
| url_provider | http://ir.uitm.edu.my/ |