MATHEMATICAL ALGORITHMS OF GAME THEORY AS AN APPLIED TOOL FOR MAKING EFFECTIVE FINANCIAL AND ECONOMIC DECISIONS

2020 ◽  
Vol 1 (12) ◽  
pp. 45-62
Author(s):  
L.S. Zvyagin ◽  
Keyword(s):  
Big Data ◽  
New Technologies ◽  
Technological Development ◽  
New Production ◽  
Russian Government ◽  
Economic Decisions ◽  
Communications Technologies ◽  
Production Concept ◽  
Usage Patterns ◽  
Mathematical Algorithms

The relevance of the topic is due to the fact that today the digital economy determines that the market leaders are determined not by a longterm success story, not by the value of real estate and assets, not by the number of patents or access to capital, but by the ability to change and adapt their business to new conditions. Digital technologies, which have emerged over the past decade, help to find sources of increased efficiency and opportunities for rapid competitive development of enterprises. At the same time, they demand to change the existing management models, reformat communications, technologies and the organizational structure of enterprises based on new values, priorities and guidelines based on partnership, customer focus, innovation and synergy. Today's global manufacturing landscape is changing rapidly. The current technological development and the development of big data allow managers to better understand their activities. Big data provides companies with huge opportunities to improve their performance. Industry 4.0 and the Internet make it possible to create intelligent factories where machines and networks are able to exchange and respond to information, as well as independently manage the production process. Recently, the Russian Government has been advocating a new production concept, namely redistributed production, which uses a number of new technologies, such as 3D printing, additive manufacturing, and big data, to provide numerous advantages over existing systems. As such, businesses will need to adapt to changing data usage patterns to operate effectively in the growing digital age.

scholarly journals Alternative model for managing innovation and high-tech sector of the Russian economy

Upravlenets ◽  
2020 ◽  
Vol 11 (5) ◽  
pp. 2-16
Author(s):  
Evgeny Balatsky ◽  
Nataly Ekimova
Keyword(s):  
Political Institutions ◽  
Central Government ◽  
Technological Development ◽  
Innovation System ◽  
The State ◽  
Cold Climate ◽  
High Tech ◽  
New Production ◽  
Russian Government ◽  
Technological Modernization

Currently, the Russian government is implementing technological modernization of the country’s economy. However, all economic indicators show that, though the country is still among the world leaders in the military industry and nuclear energy, its attempts to achieve success in civilian industries have not yet provided the intended outcome. The article presents a systembased explanation of the model of spasmodic technological development in Russia and the reasons behind the failure of the authorities to form an innovative economy. The cultural concept of Loren Graham constitutes the methodological basis of the study. According to the concept, the main problem of Russia is a lack of Western business values embedded in the country’s culture. To test this concept, we used the case study method in the historical retrospective and statistical comparisons, including data from the Global Entrepreneurship Monitor database. For calculations, Kremer’s modified model was applied. The adoption of these values involves the creation of such innovation classes as inventors, entrepreneurs and investors. The authors substantiate the thesis that the state should form an innovative culture, which requires every citizen to be aware of the challenge associated with that, i.e. the loss of economic sovereignty. At the same time, it is necessary to formulate a neutral, but effective national idea similar to the Asian slogan “Dictatorship of Development”. The strength of the central government in Russia is objectively determined by the geographical factors – a vast territory and a cold climate. In such a state, it is impossible for democratic political institutions to exist, and therefore traditional management decisions about creating a national innovation system do not produce significant results. The authors develop a thesis about the “innovative ambivalence” of the central government, which encourages the state to create high-tech industries cultivating the traditional way of technological development management. The paper specifies the professional requirements for managers of such enterprises and outlines the principles of planning the activities of new production facilities. The research results can be of use when developing programs for technological modernization in Russia.

scholarly journals Between Constancy and Change: Legal Practice and Legal Education in the Age of Technology

2019 ◽  
Vol 36 (1) ◽  
pp. 64-79
Author(s):  
Zhiqiong June Wang
Keyword(s):  
Big Data ◽  
Teaching And Learning ◽  
New Technologies ◽  
Technological Development ◽  
Legal Education ◽  
Legal Profession ◽  
Legal Practice ◽  
Technological Changes ◽  
Legal Responses ◽  
The Impact

In legal practice, as in other professions, the increasing use of technologies is not new. However, it is generally agreed that the latest round of new technological development, such as AI and big data, has presented, and will continue to present, challenges to the legal profession in a much more profound way. If the legal profession must adapt to technological changes, so must legal education. Technologies in legal education present us with three sets of considerations: the adoption and adaptation of technologies to teaching and learning; the study and research of disruptions and other impacts of technologies in society to assist in formulating legal responses to them; and the preparation of future lawyers.This paper first examines the impact of different technologies on legal practice and responses from the profession. Upon examining the opportunities and challenges brought about by new technologies, the paper will further discuss how legal education, especially its curricula, might respond to changes and challenges. It is argued that, like the way they adapted to globalisation, legal education and legal practice will meet new technological challenges and, as such, there is no reason to believe that there is not a bright future for legal education and the legal profession.      

scholarly journals Foreword: Big Data Future and the First Decade of an Interdisciplinary Journal

2018 ◽  
Author(s):  
Peter M. Shane
Keyword(s):  
Big Data ◽  
Information Society ◽  
New Technologies ◽  
Digital Age ◽  
Information And Communications Technologies ◽  
Law And Policy ◽  
Cultural Life ◽  
Communications Technologies ◽  
Challenges And Opportunities ◽  
Interdisciplinary Journal

This essay is the Foreword for a symposium entitled "Big Data Future," which was organized by I/S: A Journal of Law and Policy for the Information Society. As the Journal marked the end of its first decade of publication, this piece explains how the emergence of the Big Data phenomenon substantiates the premises for the interdisciplinary journal's creation: the information and communications technologies of the digital age promise to reshape virtually every aspect of our collective economic, social, political, and cultural life, and appropriate roles of law and policy in meeting the challenges and opportunities that new technologies pose requires a wide-ranging interdisciplinary conversation.

POTENTIAL OF INTRODUCING DIGITAL AND INTELLIGENT SYSTEMS IN ELECTRICITY

2020 ◽  
Vol 37 (3) ◽  
pp. 36-45
Author(s):  
F.F. Khabirov ◽  
V.S. Vokhmin ◽  
Keyword(s):  
Distributed Generation ◽  
Energy Supply ◽  
Intelligent Systems ◽  
New Technologies ◽  
Technological Development ◽  
Energy Systems ◽  
Electric Power Industry ◽  
Energy Sector ◽  
Current Level ◽  
Environmental Friendliness

The article considers the possibility of introducing digital and intelligent systems in the electric power industry, including the analysis of the consequences after the introduction of new technologies on the economic, social and technological side. Currently, the concept of distributed generation is being used more and more often in the global energy arena. This is certainly a trend in the energy sector. The current level of technological development in the energy sector is quite high, but in order to continue to increase competitiveness, we need a further transition to digital and intelligent energy systems that will increase the reliability, quality, environmental friendliness and automation of energy supply.

scholarly journals The Impact of Big Data on Electronic Commerce in Profit Organisations in Saudi Arabia

2019 ◽  
Vol 10 (4) ◽  
pp. 106
Author(s):  
Bader A. Alyoubi
Keyword(s):  
Saudi Arabia ◽  
Big Data ◽  
Inventory Management ◽  
New Technologies ◽  
Predictive Analytics ◽  
Business Environment ◽  
Primary Data ◽  
Research Approach ◽  
Multiple Sources ◽  
The Impact

Big Data is gaining rapid popularity in e-commerce sector across the globe. There is a general consensus among experts that Saudi organisations are late in adopting new technologies. It is generally believed that the lack of research in latest technologies that are specific to Saudi Arabia that is culturally, socially, and economically different from the West, is one of the key factors for the delay in technology adoption in Saudi Arabia. Hence, to fill this gap to a certain extent and create awareness about Big Data technology, the primary goal of this research was to identify the impact of Big Data on e-commerce organisations in Saudi Arabia. Internet has changed the business environment of Saudi Arabia too. E-commerce is set for achieving new heights due to latest technological advancements. A qualitative research approach was used by conducting interviews with highly experienced professional to gather primary data. Using multiple sources of evidence, this research found out that traditional databases are not capable of handling massive data. Big Data is a promising technology that can be adopted by e-commerce companies in Saudi Arabia. Big Data’s predictive analytics will certainly help e-commerce companies to gain better insight of the consumer behaviour and thus offer customised products and services. The key finding of this research is that Big Data has a significant impact in e-commerce organisations in Saudi Arabia on various verticals like customer retention, inventory management, product customisation, and fraud detection.

scholarly journals From Bulletin Boards to Big Data

2021 ◽  
Vol 50 (1) ◽  
pp. 39-62
Author(s):  
Christian Göbel ◽  
Jie Li
Keyword(s):  
Big Data ◽  
New Technologies ◽  
Central Government ◽  
Developmental Trajectory ◽  
Credit System ◽  
Feedback Systems ◽  
Social Credit ◽  
Bulletin Boards ◽  
Local Decision ◽  
Set Up

Why do Chinese governments at various levels set up public complaint websites where citizen petitions and government responses can be reviewed by the general public? We argue that it is the result of two factors: strong signals sent by the central government to improve governance, and the availability of new technologies to promote policy innovation. To impress their superiors, local officials adopted newly available commercial technology to innovate existing citizen feedback systems, which presented a developmental trajectory from “openness,” “integration,” to “big data-driven prediction.” Drawing on policy documents and interviews with local politicians and administrators, we provide a chronological perspective of how technical development, central government’s signals and local decision-making have interacted in the past two decades to bring forth today’s public complaint websites. The contingent and non-teleological nature of this development can also be applied to other policies such as the social credit system.

scholarly journals Is There a Predisposition towards the Use of New Technologies within the Traffic Field of Emerging Countries? The Case of the Dominican Republic

Electronics ◽  
2021 ◽  
Vol 10 (10) ◽  
pp. 1208
Author(s):  
Francisco Alonso ◽  
Mireia Faus ◽  
Cristina Esteban ◽  
Sergio A. Useche
Keyword(s):  
Dominican Republic ◽  
Road Safety ◽  
New Technologies ◽  
Technological Development ◽  
Personal Data ◽  
Emerging Countries ◽  
Level Of Knowledge ◽  
One Year ◽  
The One ◽  
And Control

Technological devices are becoming more and more integrated in the management and control of traffic in big cities. The population perceives the benefits provided by these systems, and, therefore, citizens usually have a favorable opinion of them. However, emerging countries, which have fewer available infrastructures, could present a certain lack of trust. The objective of this work is to detect the level of knowledge and predisposition towards the use of new technologies in the transportation field of the Dominican Republic. For this study, the National Survey on Mobility was administered to a sample of Dominican citizens, proportional to the ONE census and to sex, age and province. The knowledge of ITS topics, as well as the use of mobile applications for mobility, are scarce; however, there was a significant increase that can be observed in only one year. Moreover, technology is, in general, positively assessed for what concerns the improvement of the traffic field, even though there is a lack of predisposition to provide one’s personal data, which is necessary for these devices. The process of technological development in the country must be backed up by laws that protect the citizens’ privacy. Thus, technologies that can improve road safety, mobility and sustainability can be implemented in the country.

scholarly journals Technology and Corporate Social Responsibility

2021 ◽  
Vol 13 (15) ◽  
pp. 8658
Author(s):  
Vojko Potocan
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
New Technologies ◽  
Social Issues ◽  
Technological Development ◽  
Sustainable Use ◽  
Interdisciplinary Treatment ◽  
Sustainable Technologies ◽  
Corporate Social

This study examined the importance of technologies in advancing modern organizations’ corporate social responsibility (CSR). Drawing upon environmentalist and technological theories, we analyzed the shift from the traditional development of technology to the development of sustainable technologies for the further sustainable advancement of organizations. Technology has decisively influenced the development of humankind, but its research has traditionally excluded sustainable development issues. Newer technological visions have addressed the incorporation of technologies in all industries more comprehensively to solve social issues related to environmental protection and sustainable economic development. Such an orientation is followed by several conceptual solutions, such as the sustainable use of traditional technologies, development of sustainable technologies, and interdisciplinary treatment of sustainable technology to extend the CSR model. The results of our study have theoretical implications, highlighting the effects of technological development and new technologies on the course of further societal sustainable development. Practical implications include extending CSR’s Triple Bottom model with a technological dimension to improve organizations’ further sustainable operating and behavior.

Evolution of e-participation in Greek local government

2021 ◽  
pp. 1-15
Author(s):  
Constantina Costopoulou ◽  
Maria Ntaliani ◽  
Filotheos Ntalianis
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Local Government ◽  
Local Governments ◽  
Local Community ◽  
New Technologies ◽  
Mobile Apps ◽  
Digital Technologies ◽  
Decision Making Processes ◽  
The Impact

Local governments are increasingly developing electronic participation initiatives, expecting citizen involvement in local community affairs. Our objective was to assess e-participation and the extent of its change in local government in Greece. Using content analysis for 325 Greek municipal websites, we assessed e-participation status in 2017 and 2018 and examined the impact of change between these years. The assessment regards two consecutive years since the adoption of digital technologies by municipalities has been rapid. The main findings show that Greek local governments have made significant small- to medium-scale changes, in order to engage citizens and local societies electronically. We conclude that the integration of advanced digital technologies in municipalities remains underdeveloped. We propose that Greek municipalities need to consider incorporating new technologies, such as mobile apps, social media and big data, as well as e-decision making processes, in order to eliminate those obstacles that hinder citizen engagement in local government. Moreover, the COVID-19 outbreak has highlighted the need for enhancing e-participation and policymakers’ coordination through advanced digital technologies.

The Rise of Digital Repression

2021 ◽  
Author(s):  
Steven Feldstein
Keyword(s):  
Civil Society ◽  
New Technologies ◽  
Technological Development ◽  
Digital Technologies ◽  
The Philippines ◽  
Political Repression ◽  
The World ◽  
Dna Collection ◽  
Opposition Movements ◽  
Mass Surveillance

This book documents the rise of digital repression—how governments are deploying new technologies to counter dissent, maintain political control, and ensure regime survival. The emergence of varied digital technologies is bringing new dimensions to political repression. At its core, the expanding use of digital repression reflects a fairly simple motivation: states are seeking and finding new ways to control, manipulate, surveil, or disrupt real or perceived threats. This book investigates the goals, motivations, and drivers of digital repression. It presents case studies in Thailand, the Philippines, and Ethiopia, highlighting how governments pursue digital strategies based on a range of factors: ongoing levels of repression, leadership, state capacity, and technological development. But a basic political motive—how to preserve and sustain political incumbency—remains a principal explanation for their use. The international community is already seeing glimpses of what the frontiers of repression look like, such as in China, where authorities have brought together mass surveillance, online censorship, DNA collection, and artificial intelligence to enforce their rule in Xinjiang. Many of these trends are going global. This has major implications for democratic governments and civil society activists around the world. The book also presents innovative ideas and strategies for civil society and opposition movements to respond to the digital autocratic wave.

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