“…In order to enhance innovation, banks need to consider a range of factors, such as organizational structure (Berger & Udell, 2002), cost (Gurau, 2002), technology (Berger, 2003), legal environment (Jawahitha et al 2003), organizational culture (Vermeulen, 2004), human resources (Glaveli & Kufidu, 2005) and market power (Bofondi & Lotti, 2006).…”