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Van Vliet Paper Accepted to International Journal of Innovation Management

A paper by Associate Professor of Finance Ben Van Vliet has been accepted for publication into the International Journal of Innovation Management.

The paper entitled, "A Behavioral Approach to the Lean Startup/Minimum Viable Product Process:  The Case of Algorithmic Financial Systems" theorizes about the behavior of firms that innovate using the well-known lean startup / minimum viable product (or MVP) process.  In doing so, it develops a behavioral MVP approach that bridges innovation management and behavioral economics.  Then, the paper demonstrates the usefulness of the approach by applying it to the case of algorithmic and high frequency trading systems.  It is thought that the model of capability developed for this domain may have broader applicability to innovation more generally.