The concept of financial inclusion has been considered as an important element in economic development particularly in emerging economies. This paper will discuss the correlation between financial inclusion and economic development and how financial literacy and technology innovation play a part in this process. It further examines the effect of behavioral biases on corporate financial decision-making on investment and risk management. The study employs a panel data analysis method, to evaluate how financial inclusion has overall economic impacts of different countries. The paper also illuminates the behavioral biases e.g. overconfidence and loss aversion that affect corporate decisions. These results imply that raising levels of financial literacy and technology use can be an effective way of enhancing economic growth, and reducing the influence of behavioral biases can result in a more effective corporate decision-making process. The paper also gives recommendations that can be made by the policy makers and corporate managers to enhance financial inclusion and minimize the impacts of behavioral bias..
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