Technological cooperation and product substitution in UK retail banking: The case of customer services

Research output: Contribution to journalArticle

  • Authors:
  • Davide Consoli


The pervasive implementation of information technologies in retail banking has paved the way to significant transformations including organizational changes as well as a wider product range. The central theme that is discussed in this paper is the degree to which the unfolding of a technological trajectory has provided incentives to mutual adaptations in the supply and demand of retail services. Accordingly, the paper will focus on the emergence of a network structure in the UK retail banking system and on the process of product substitution that emerged on the demand side. © 2004 Elsevier B.V. Al rights reseved.

Bibliographical metadata

Original languageEnglish
Pages (from-to)199-215
Number of pages16
JournalInformation Economics and Policy
Issue number2
Publication statusPublished - Mar 2005