IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/37726.html
   My bibliography  Save this paper

Las cajas de ahorro y el cambio tecnológico antes de Internet, 1945-1995
[Technological change in Spanish Savings Banks before Internet, 1945-1995]

Author

Listed:
  • Maixe-Altes, J. Carles

Abstract

Technical advances in retail banking have had profound repercussions for the competitiveness of individual firms and for the sector as a whole. This paper looks at the role played by new technological resources within the context of organizational change and the products and services offered by Spanish savings banks. These entities constitute an excellent case study, given that they have been incorporating technology intensively, particularly since the 1960’s. In the case in question, persistence had little influence on the process of technological change. However, the mechanization of operations, the computerization of administrative systems and the establishment of data transfer networks were all exceptional and premature in the way in which they developed. It was the banking industry, prior to other sectors that stimulated the demand for certain technologies, which was somewhat idiosyncratic when compared to other countries.

Suggested Citation

  • Maixe-Altes, J. Carles, 2012. "Las cajas de ahorro y el cambio tecnológico antes de Internet, 1945-1995 [Technological change in Spanish Savings Banks before Internet, 1945-1995]," MPRA Paper 37726, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37726
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/37726/1/MPRA_paper_37726.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bátiz-Lazo, Bernardo & Wardley, Peter, 2007. "Banking on change: information systems and technologies in UK high street banking, 1919–1969," Financial History Review, Cambridge University Press, vol. 14(2), pages 177-205, October.
    2. Shy,Oz, 2001. "The Economics of Network Industries," Cambridge Books, Cambridge University Press, number 9780521800952.
    3. Miranti, Paul J., 2002. "Corporate Learning and Traffic Management at the Bell System, 1900–1929: Probability Theory and the Evolution of Organizational Capabilities," Business History Review, Cambridge University Press, vol. 76(4), pages 733-765, January.
    4. Nightingale, Paul & Poll, Robert, 2000. "Innovation in Investment Banking: The Dynamics of Control Systems within the Chandlerian Firm," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 9(1), pages 113-141, March.
    5. Whittington, Richard & Mayer, Michael, 2002. "The European Corporation: Strategy, Structure, and Social Science," OUP Catalogue, Oxford University Press, number 9780199251049.
    6. Martin Campbell-Kelly, 2004. "Mechanisation and computers in banking: a foreword," Accounting History Review, Taylor & Francis Journals, vol. 14(3), pages 233-234.
    7. Batiz-Lazo, Bernardo & Karlsson, Tobias & Thodenius, Björn, 2009. "Building Bankomat: The development of on-line, real-time systems in British and Swedish savings banks, c.1965-1985," MPRA Paper 27084, University Library of Munich, Germany.
    8. Bernardo Batiz-Lazo, 2004. "Strategic alliances and competitive edge: insights from Spanish and UK banking histories," Business History, Taylor & Francis Journals, vol. 46(1), pages 23-56.
    9. Hubert Bonin, 2011. "From prehistory to the history of computers in banking: Mechanization of data processing and accounting methods in French banks, circa 1930-1950," Post-Print hal-00800233, HAL.
    10. Galambos, Louis, 1983. "Technology, Political Economy, and Professionalization: Central Themes of the Organizational Synthesis," Business History Review, Cambridge University Press, vol. 57(4), pages 471-493, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Batiz-Lazo, Bernardo & Maixe-Altes, J. Carles, 2008. "Organisational change and the computerisation of British and Spanish savings banks, circa 1965-1985," MPRA Paper 14479, University Library of Munich, Germany.
    2. Maixe-Altes, J. Carles, 2010. "Diverging Paths to a Network World: Computerizing Spanish and British Savings Banks, 1960-1990," MPRA Paper 25966, University Library of Munich, Germany.
    3. Bátiz-Lazo, Bernardo & Haigh, Thomas & Stearns, David L., 2014. "How the Future Shaped the Past: The Case of the Cashless Society," Enterprise & Society, Cambridge University Press, vol. 15(1), pages 103-131, March.
    4. Bernardo Batiz-Lazo & Masayoshi Noguchi, 2011. "Accounting for dominance and submission: Disciplining building societies with accounting-based regulation, circa 1960," Discussion Paper Series DP2011-34, Research Institute for Economics & Business Administration, Kobe University.
    5. Maixé-Altés, J. Carles, 2015. "Divergent Paths to a Network World. An Approach to the IT from Savings Banks Industry," MPRA Paper 67785, University Library of Munich, Germany.
    6. Batiz-Lazo, Bernardo & Maixe-Altes, J. Carles, 2009. "Managing technological change by committee: Adoption of computers in Spanish and British savings banks (circa 1960-1988)," MPRA Paper 27086, University Library of Munich, Germany.
    7. Paul DiMaggio & Joseph Cohen, 2003. "Information Inequality and Network Externalities: A Comparative Study of the Diffusion of Television and the Internet," Working Papers 36, Princeton University, School of Public and International Affairs, Center for Arts and Cultural Policy Studies..
    8. Fan-Chen Tseng & Kuang-Cheng Andy Wang, 2011. "Compatibility Strategies For An Asymmetric Duopoly Considering Network Effects And Market Shares," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 8(04), pages 615-634.
    9. Davide Consoli & Pier Paolo Patrucco, 2011. "Complexity and the Coordination of Technological Knowledge: The Case of Innovation Platforms," Chapters, in: Handbook on the Economic Complexity of Technological Change, chapter 8 Edward Elgar Publishing.
    10. Dutta, Dilip & Otsuka, Kozo, 2004. "Knowledge Spillover from Information and Communication Technology: A Comparative Study of Australia, Japan, South Korea and Taiwan," Working Papers 8, University of Sydney, School of Economics.
    11. Christian Dahl Winther, 2007. "Optimal research effort and product differentiation in network industries," Economics Working Papers 2007-19, Department of Economics and Business Economics, Aarhus University.
    12. Jan Ende & Wilfred Dolfsma, 2004. "Technology-push, demand-pull and the shaping of technological paradigms - Patterns in the development of computing technology," Journal of Evolutionary Economics, Springer, vol. 15(1), pages 83-99, January.
    13. Slowak, André P., 2009. "Market fields structure & dynamics in industrial automation," FZID Discussion Papers 02-2009, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    14. Johannes M. Bauer & Michael Latzer, 2016. "The economics of the Internet: an overview," Chapters, in: Johannes M. Bauer & Michael Latzer (ed.), Handbook on the Economics of the Internet, chapter 1, pages 3-20, Edward Elgar Publishing.
    15. Jean Gabszewicz & Victor Ginsburgh & Shlomo Weber, 2011. "Bilingualism and Communicative Benefits," Annals of Economics and Statistics, GENES, issue 101-102, pages 271-286.
    16. Maixe-Altes, J. Carles, 2009. "The diversity of organisational forms in banking: France, Italy and Spain 1900-2000," MPRA Paper 14838, University Library of Munich, Germany.
    17. Mustansar, Talreja, 2023. "Financial innovation, technological improvement and bank’ profitability," OSF Preprints 8wy95, Center for Open Science.
    18. repec:zbw:bofrdp:2005_019 is not listed on IDEAS
    19. Victor Ginsburgh & Jacques Melitz & Farid Toubal, 2014. "Foreign Language Learning : An Econometric Analysis," Working Papers 2014-21, Center for Research in Economics and Statistics.
    20. Kauko, Karlo, 2007. "Interlinking securities settlement systems: A strategic commitment?," Journal of Banking & Finance, Elsevier, vol. 31(10), pages 2962-2977, October.
    21. Nicholas Economides & Brian Viard, 2003. "Pricing of Complementary Goods and Network Effects," Working Papers 03-12, New York University, Leonard N. Stern School of Business, Department of Economics.

    More about this item

    Keywords

    productivity; retail banking; savings banks; technological change; Spain; Europe;
    All these keywords.

    JEL classification:

    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:37726. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.