The solutions derived from each iteration are subjected to a financial meta-analysis, considering different tax and return scenarios aligned to the Greek taxation and banking system.
We did not investigate the role of competing financial interests in our meta-analysis because we could not determine which authors adhered to the disclosure guidelines [ 24, 28], but further studies should address this issue.
So when development finance experts arrive in Ethiopia next year, they should remember that the world does not need another list of financial problems and solutions, another meta-analysis of the situation.
This paper proposes a new theoretical approach to the study of the financial innovation process using a meta-theoretic method.
Another question that may arise here is what should characterize a good meta-theory of financial innovation?
The paper proposes a framework based on a meta-theory of financial innovation as a better approach to understanding the inherent complexities and diversities affecting financial innovations.
In the last section, we introduce the concept of meta-theory of financial innovation, by identifying and explaining four theories of development.
Following this logic, this paper claims that a good meta-theory of financial innovation must specify the structure of a suitable theory of financial innovation and indicate what the theory should accomplish.
Therefore, we posit that a good meta-theory of financial innovation must allow for inter-level combinations of the four theories to better account for the complexity of financial innovation processes.
The second element in the development of a meta-theory of financial innovation is the identification of the conditions under which certain models are adequate to explain a financial innovation and how and when to switch between models to explain a financial innovation process at a given point in time.
In this perspective, the first question we pose is the following: "What is the function of a good meta-theory of financial innovation?" To answer this question, we build on the research method proposed by (Poole and Van de Ven, 1995) to understand and analyze innovation processes with their associated complexities.
