scholarly journals A, E-Business & E-Commerce. B&C E-Business & E-Commerce: The structure of the new commerce world and how Ghanaians are seriously equipping themselves and poised to be included in this modern and global business transaction

2020 ◽  
Vol 8 (2) ◽  
pp. 153-164
Author(s):  
Francis Kwadade-Cudjoe
Keyword(s):  
Emerging Market ◽  
Banking System ◽  
Digital Transformation ◽  
Huge Number ◽  
Global Business ◽  
Modern Approach ◽  
Settlement Systems ◽  
Automated Teller Machine ◽  
The Government ◽  
Global Population

E-Business and E-Commerce are currently the vogue in transacting business globally. The mode of transacting business with this modern approach is so simple that, it is likely a huge number of the global population are already there. Ghana, an emerging market in Africa and the globe, has the attractiveness to join this craze. The current government has been able to eliminate the quack financial institutions from the banking system, and technologically established and launched the infrastructure for Ghana’s Interbank Payment and Settlement Systems (GhIPSS). This is an internet payment gateway to enable holders of domestic Automated Teller Machine (ATM) cards to make payments and purchases online. Most of the Banks in Ghana have also come out with perks to customers who would adopt the online purchasing approach, and even use their ATM cards for their transactions. The enticement is seriously catching on, and there is the hope that the citizenry would listen to the advice of the government for all to join the digital transformation currently going on in Ghana.

Special Investment Vehicles for Hybrid Financing of SMEs in Domain of Manufacturing Engineering

2015 ◽  
Vol 809-810 ◽  
pp. 1559-1564
Author(s):  
Emilia Calefariu ◽  
Traian Alexandru Buda ◽  
Mircea Boşcoianu ◽  
Gabriela Prelipcean
Keyword(s):  
Organizational Development ◽  
Banking System ◽  
Global Business ◽  
Market Mechanisms ◽  
Customer Expectations ◽  
Technological Entrepreneurship ◽  
Good Potential ◽  
The Government ◽  
Low Efficiency ◽  
Knowledge Strategies

Promoting technological entrepreneurship in Romania is essential to support sustainable development in the actual context of a slow recovery after the recent crises and turbulences. SMEs have gone through a difficult period and the ones that remained on the market have demonstrated solidity and an adequate, based on flexibility, response to market movements. In emerging markets SMEs represents innovative vectors equipped with capabilities, knowledge, strategies and organizational development. Considering the low efficiency recovery after the crises and turbulences due to the volatility of global business (constantly changing customer expectations and identity, disruptive technological change, acceleration of innovation-based competition, market orientation for higher returns) we can see a good potential for Romanian technological SMEs. The main problem is related to the financing. The banking system is not interested in these types of projects and the capital market is still inaccessible for this type of investments. The government efforts to solve this problem are limited by the lack of appropriate tools, markets and institutional architecture. In this case is necessary to analyze new innovative financing solutions better adapted to the current dynamics of the technological entrepreneurship. An analysis of the possibilities to develop innovative solutions based on market functionality and institutions is presented. The focus is on natural, sustainable and flexible solutions, based on market mechanisms. The implementation of innovative financing solutions for technological SMEs is a very complex initiative, but the results will be visible immediately, contributing decisively to the development of entrepreneurship.

scholarly journals THE DIGITAL BANKING IN INDIA-RECENT TRENDS, OPPORTUNITIES AND CHALLENGES

2020 ◽  
pp. 1-4
Author(s):  
Shahabas Ahmed C.B ◽  
Sreeju V. V.*
Keyword(s):  
Developing Countries ◽  
Mobile Phones ◽  
Banking System ◽  
Digital Transformation ◽  
Foreign Banks ◽  
Banking Services ◽  
Research Article ◽  
Prime Objective ◽  
Recent Trends ◽  
The Government

Digital banking has paved way to another spectrum of banking by allowing the customers to conduct their day-to-day banking activities at their convenience. The Digital banking systems in developing countries like India are growing rapidly due to the penetration of internet and mobile phones. Banking transaction scenario has changed rapidly from typical to convenience banking, which offers enormous opportunity to move towards cashless and less cash society. The government of India has taken numerous steps to enhance and embolden digital banking system with a view to promote 'Digital India'. As part of the initiative, the GoI intends to generate a 'digitally empowered' economy that is 'Faceless, Paperless, and Cashless'. In the last few decades, banking system has undergone some distinct phases of digital transformation. This transformation was boosted by rising competition among public sector, private sector and foreign banks, and the goal is to make banking cheaper and efcient and also to access for all of the country's citizens. The objective of this paper is to examine recent trends in digital banking services, benets, opportunities, hurdles and challenges of Digital Banking System in India. The prime objective behind integrating banking services with technology is undoubtedly convenience; the research article will make a detailed study about the concept and examines the above stated objectives.

Household Cooking Fuel Patterns in Rural India: Pre- and Post-Pradhan Mantri Ujjwala Yojana

2020 ◽  
Vol 14 (3) ◽  
pp. 518-526
Author(s):  
Rahul Ranjan ◽  
Sudershan Singh
Keyword(s):  
Poverty Line ◽  
Rural India ◽  
Manufacturing Companies ◽  
Liquefied Petroleum Gas ◽  
Large Share ◽  
Huge Number ◽  
Cooking Fuel ◽  
The Government ◽  
Consumption Demand ◽  
Central Scheme

This article analyses the performance and limitations of the Pradhan Mantri Ujjwala Yojana (PMUY), a central scheme launched in the year 2016 for the provision of liquefied petroleum gas (LPG) connections to Below Poverty Line households in the country. It shows that the scheme offered more than 80 million LPG connections and contributed to a sharp replacement of traditional fuel (firewood, kerosene, dung cake, etc.) between the years 2014 and 2018. However, a large share of these new consumers appears to have stopped LPG consumption soon after the distribution under the scheme. This is clearly evident in the huge number of inactive LPG connections which continue to increase—from 35.8 million inactive connections in the country in 2017 to 43.2 million in 2019. Though PMUY contributed to the increase in LPG connections, it failed to accelerate its consumption demand among the beneficiaries. Nearly ₹128 billion has been spent by the government in form of subsidies and around 70% of the PMUY beneficiaries have availed loans from Oil Manufacturing Companies (OMCs). If the LPG consumption fails to accelerate, these one-time subsidies provided by the government will fail to achieve the objective and the loans disbursed by the OMCs may turn into non-performing assets.

Das Zeitalter der Künstlichen Intelligenz als Herausforderung für die Parlamente

2021 ◽  
Vol 52 (1) ◽  
pp. 159-181
Author(s):  
Arne Pilniok
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Processes Of Change ◽  
Parliamentary Democracy ◽  
Democratic Representation ◽  
Government Administration ◽  
Technological Developments ◽  
Different Dimensions ◽  
The Government

The digital transformation is permanently changing the government, administration, and society . This process is being intensified by the much-discussed technologies of artificial intelligence, and poses a variety of challenges for parliaments and indirectly for parliamen­tary studies . Their different dimensions have not been discussed comprehensively so far, although the technological developments affect all parliamentary functions and their prem­ises . This article systematizes and structures the various effects of the age of artificial intel­ligence on parliamentary democracy . Namely, the conditions of democratic representation change, the innovation-friendly regulation of digital technologies becomes a parliamentary task, parliamentary control has to be adjusted to the use of algorithms and artificial intelli­gence in government and administration, and possibly, the epistemological and organiza­tional structures of parliamentary work might have to be adapted . This provides starting points for future detailed analyses to adequately capture these processes of change and to accompany them from different disciplinary perspectives .

CO-WORKING SPACE DI PONTIANAK DENGAN PENDEKATAN EKOLOGI

2021 ◽  
Vol 9 (1) ◽  
pp. 142
Author(s):  
Shanti Octavia Sitanggang ◽  
Yudi Purnomo ◽  
Irwin Irwin
Keyword(s):  
Design Process ◽  
Environmentally Friendly ◽  
Digital Transformation ◽  
Ecological Approach ◽  
Creative Economy ◽  
Space Design ◽  
Working Space ◽  
Digital Services ◽  
The Government ◽  
Creative Environment

Currently, there is an increase in workforce that start new independent businesses in the creative economy, either as entrepreneurs or freelancers, this  because number of job is not comparable to the number of the workforce. The increase in workers in the creative economy is in line with the digital transformation in Indonesia. The government also responded well to this by making programs related to the creative economy, especially in the digital field. Pontianak City has the potential for development with an increase in the number of workers in the creative economy every year, but Pontianak City does not yet have space to accommodate workers' activities. Co-working space can accommodate workers in the creative economy so they can work in a productive and creative environment. In addition, the provision of supporting digital services in co-working spaces is expected to support entrepreneurs or freelancers in developing their business into the digital field. The co-working space design process uses an ecological approach. Ecological approach is an approach that is environmentally friendly. The Ecological Approach serves as a tool that are implemented towards designs that take into account the potential for the natural surroundings as well as the interrelationships between buildings, nature and people.

To be more philanthropic when joining the government-controlled business association? Evidence from Chinese private firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Youliang Yan ◽  
Xixiong Xu
Keyword(s):  
Communist Party ◽  
Corporate Philanthropy ◽  
Emerging Market ◽  
Private Firms ◽  
Theoretical Understanding ◽  
Business World ◽  
Content Type ◽  
Business Association ◽  
The Government ◽  
The Impact

Purpose The purpose of this paper is to investigate whether and how affiliation with the government-controlled business association, namely, China Federation of Industry and Commerce (CFIC), affects corporate philanthropy in an emerging market. Design/methodology/approach Through an analysis of survey data gathered from Chinese private firms, this paper conducts multiple regressions to examine the impact of the CFIC membership on corporate philanthropy. Findings Empirical results show that the CFIC membership of private entrepreneurs is significantly positively associated with corporate philanthropy. Moreover, this study finds that the provincial marketization level and the firm Communist Party branch attenuate the positive association between CFIC membership and corporate philanthropy, indicating that the effect of CFIC on corporate philanthropy is more pronounced in regions with lower marketization level and firms without Communist Party branch. The findings are robust to various alternate measures of corporate philanthropy and remain valid after controlling for potential endogeneity. Practical implications Firms will be more active in corporate philanthropy to respond to the government’s governance appeal when they join the CFIC. This highlights the implications of political connections and in particular on the value of government-controlled business associations in the Chinese business world. Originality/value This study extends the literature on the determinants of corporate philanthropy and deepens the theoretical understanding of the governance role of business association with Chinese characteristics.

RESEARCH OF THE NATIONAL ORGANIC AGRICULTURE SYSTEMS

2020 ◽  
Vol 10 (4) ◽  
pp. 561-579
Author(s):  
A.A. Leksina ◽  
◽  
E.A. Aleshina ◽  
Keyword(s):  
Organic Agriculture ◽  
Emerging Market ◽  
Organic Food ◽  
State Regulation ◽  
Organic Production ◽  
Agricultural Activity ◽  
Supervisory Support ◽  
Global Business ◽  
Food Market ◽  
Agriculture Systems

Organic agriculture is a promising and increasingly demanded direction of “greening” agricultural activity, which has a great potential due to natural production technologies. Significant segments of organic products have been formed in the food markets of the developed countries; various institutional systems of the industry have been functioning for decades. Russian agribusiness is globally lagging behind in these matters, but the development of the economic environment has led to the objective necessity of adopting a law and a state standard that would define the requirements for the organic agriculture. Research on the prospects of the Russian food market in the global organic production system is becoming relevant. This work is a two-sided quantitative and qualitative approach to the study of existing production systems of organic food from the standpoint of the results and dynamics, on the one hand, and their organizational and economic structure, on the other. The findings and results are confirmed by the presented and systematized absolute and relative indicators of land areas certified for organic agriculture, the number of market entities, the consumption of organic food per capita and retail sales in the domestic markets. The qualitative characteristic of organic agriculture systems was reflected in constructing a set of schemes that clearly illustrate national features of the conduct methods, state regulation of production and turnover, research support, regulatory and supervisory support of the business under study. As a result, a comparative analysis of the leading world markets for organic food (USA, Germany, Canada and Austria) in comparison with the emerging market of Russia. The study is addressed to the global business community operating in the organic food market and to special research institutions.

scholarly journals Indian medical device sector: insights from patent filing trends

2017 ◽  
Vol 3 (3) ◽  
pp. 167-175 ◽  
Author(s):  
Suchita Markan ◽  
Yogmaya Verma
Keyword(s):  
Medical Device ◽  
Emerging Market ◽  
Patent Application ◽  
Market Potential ◽  
Small Scale ◽  
Indian Medical ◽  
The Usa ◽  
Patent Applications ◽  
The Government ◽  
Patent Filing

In this study, patent application filing trends in India for the last decade (2005–2014) were analysed to understand the medical device patent filing profile. As India is the key emerging market with huge market potential, this study was also undertaken to identify the top medical device companies filing patents in India, the niche technology domains with maximum filings, key gaps in medical device innovation profile and scope for business opportunities. It was observed that patent application filings in the medical device sector during the last 5 years (2009–2013) contributed only to 2% of the total patent applications filed, which may be attributed to nascent medical device sector and lack of Intellectual Property (IP) awareness or funding support for IP filings. The analysis shows increasing trends in medical device patent applications in India, with major share of patent applications being filed from the USA. The Indian applications in this sector contributed only to 17% of the total patent application filings in the last decade. Although foreign players dominate the medical device sector, this study indicates that though at a small scale, Indian applicants are actively filing patents in all key domains of the medical device sector. With the enabling environment being provided by the Government of India with recent policy initiatives such as Startup India, Make in India, 100% Foreign Direct Investment (FDI)and so on and support to start-ups for IP filings, the Indian medical device industry is expected to witness aggressive IP filing and innovation trends and is poised to grow exponentially targeting US$50 billion industry by 2025.

scholarly journals Too much reciprocity?

2020 ◽  
Vol 14 (2) ◽  
pp. 473-491
Author(s):  
Zhe Sun ◽  
Qi Ai
Keyword(s):  
Social Exchange ◽  
Social Exchange Theory ◽  
Emerging Market ◽  
Chief Executive ◽  
Political Connections ◽  
Political Connection ◽  
Content Type ◽  
Chinese Multinationals ◽  
The Government ◽  
The Impact

Purpose Using the evidence of Chinese outbound mergers and acquisitions (M&As) enacted between 2006 and 2014, this study aims to investigate the role played by home political connections on the cost implications of Chinese multinationals. It also examines whether home political connections – at different levels and of different configurations – impact the operational cost of Chinese multinationals. Design/methodology/approach The data were analysed using a multivariate regression model. To examine their heterogeneous effect on Chinese multinationals, the political connection data were further split into higher and lower level political connections and in chief executive officer (CEO) and chairperson political connections. Findings This study implies the negative effect of home political connections on the internationalisation of Chinese multinationals. At the same time, the impact of lower-level political connections is stronger than that of their higher-level counterparts. Moreover, CEO political connections have a stronger effect on the operational costs of Chinese multinationals than their Chairperson equivalents. Originality/value By unravelling the “black box” of Chinese internationalisation from the social exchange perspective, through the informal political connection networking ties between Chinese firms and the government, this study advances emerging market multinational theory, contributes to the understanding of the heterogeneous nature of political connections and sheds new light on social exchange theory from the perspective of the emerging phenomenon of Chinese internationalisation.

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