kaal:claim:3409548-038

Large managers will begin innovating only once the long-term benefits of the technologies exceed their implementation cost, and because that cost is much larger for large managers than for the smaller managers currently experimenting, the threshold for change is higher for them.

If and when the long- term benefits of using the technologies exceed the implementation cost, which are much larger for larger managers than for the smaller managers who are currently experimenting with such technologies, larger managers are incentivized to start the innovation process as well.

Kaal, Financial Technology and Hedge Funds (2019), III.6 Competitive Pressure, p. 33
https://ssrn.com/abstract=3409548 · source PDF

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

• larger fund managers facing higher implementation costs than smaller rivals

conditionsupport: arguedinnovation

• restates kaal:claim:2998033-026 Large managers will begin adopting blockchain and related technologies only once the long term benefits exceed...
• restates kaal:claim:3002908-024 Larger fund managers will adopt blockchain only once the long term benefits exceed implementation cost, and be...
• extends kaal:claim:2959730-027 The threshold for change for bigger fund managers is dictated by the implementation cost of the new technologi...

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