The Industrial Organization of Hong Kong's Progression Toward a Cashless Economy (1960s-2000s)
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In: IEEE Annals of the History of Computing, Vol. 38, No. 2, 25.05.2016, p. 54-65.
Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - The Industrial Organization of Hong Kong's Progression Toward a Cashless Economy (1960s-2000s)
AU - Batiz-Lazo, B.
AU - Smith, A.
N1 - (c) 2015 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other users, including reprinting/ republishing this material for advertising or promotional purposes, creating new collective works for resale or redistribution to servers or lists, or reuse of any copyrighted components of this work in other works.
PY - 2016/5/25
Y1 - 2016/5/25
N2 - A dramatic change occurred in retail banking technology in Hong Kong between 1960 and 2000. Initially, the relevant technologies were installed and managed within the boundaries of large banks, such as HSBC. Over the course of this period, however, the industrial organization of the relevant technologies transformed to include provisions outsourced to nonbank institutions. This article seeks to account for this shift in the organization of computer technology. Specifically, the authors compare the adoption of computers at HSBC in the 1960s and 1970s with the Octopus micropayment system, which was developed in the 1990s by a consortium that excluded financial firms, thanks to the development (both in terms of depth and breadth) of an epistemic community of computer professionals and computer-literate managers in Hong Kong.
AB - A dramatic change occurred in retail banking technology in Hong Kong between 1960 and 2000. Initially, the relevant technologies were installed and managed within the boundaries of large banks, such as HSBC. Over the course of this period, however, the industrial organization of the relevant technologies transformed to include provisions outsourced to nonbank institutions. This article seeks to account for this shift in the organization of computer technology. Specifically, the authors compare the adoption of computers at HSBC in the 1960s and 1970s with the Octopus micropayment system, which was developed in the 1990s by a consortium that excluded financial firms, thanks to the development (both in terms of depth and breadth) of an epistemic community of computer professionals and computer-literate managers in Hong Kong.
U2 - 10.1109/MAHC.2016.15
DO - 10.1109/MAHC.2016.15
M3 - Article
VL - 38
SP - 54
EP - 65
JO - IEEE Annals of the History of Computing
JF - IEEE Annals of the History of Computing
SN - 1058-6180
IS - 2
ER -