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This study investigates the interaction between financial innovation, human capital development and economic growth in Bangladesh, India, Pakistan, Sri Lanka, Nepal, and Bhutan for the period of 1981Q1–2016Q4 by applying Autoregressive Distributed Lag (ARDL) and Granger‐causality under error correction model (ECM). Our principal finding confirms long‐run association among financial innovation, human...
Innovation is one of the sources for organizations to achieve competitive advantages, but it is also a process of exploration, mistakes, risk and uncertainty. Therefore, how to deal with human errors and mistakes may effect whether employees can learn from errors, have motive power to innovate in their daily work and improve their innovation ability. Consequently, how to avoid negative effects of...
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