Governance of Innovation Firms, Clusters and Institutions in a Changing Setting Edited by Maarten J. Arentsen University ofTwente, Enschede, The Netherlands Wouter van Rossum Netherlands Defence Academy, Breda, The Netherlands Albert E. Steenge University of Groningen, Groningen, The...

FinTech is a new term combining finance and technology. The term did not exist until the end of 2014. Although there is agreement over what finance is, there is no agreed upon definition of technology. It changes with time. American sociologist Read Bain wrote in 1937 that technology includes...