Moreover, goods and services innovation allows expanding ICT reach and thereby
enables more people to access, to exchange and to apply knowledge, which they can use to
spread wealth creation and innovation geographically, in time leading again to further goods and
services innovation (reinforcing feedback loop R2, Fig. 1). Last but not least, goods and services innovation might also improve both the range and the accessibility of financial services, thereby
causing a wider investor spread geographically to further reinforce competitive pressures on old
goods and services (R3, Fig. 1).