Research Paper Focusing on Financial Impact and Innovation

The research paper seeks to carry out a comprehensive research on types of financial impacts including; natural disasters, changes in market conditions, competition, weakness of the general economic conditions, and products disasters and their implications on the business finances both in the short and long-term financial periods.Financial innovations such as money and finances have controlled the economic activities of human beings for a long time. However, the degree of sophistication of these innovations has increased over the centuries due to rapid globalization, changes in government regulations, and growth in technology, especially in information and communication technology. This research paper deals with a brief review of various financial innovations, challenges experienced when executing new innovations, and their impact on the business finances.