Digital Wallet Ecosystem in Promoting Financial Inclusion

2022 ◽  
pp. 31-49
Author(s):  
Siti NurulJannah Rosli ◽  
Muhammad Anshari ◽  
Mohammad Nabil Almunawar ◽  
Masairol Masri
Keyword(s):  
Ecosystem Model ◽  
External Factors ◽  
Financial Inclusion ◽  
Digital Culture ◽  
Local Market ◽  
Market Demand ◽  
Local Markets ◽  
Magic Formula ◽  
Brunei Darussalam ◽  
Digital Wallet

Digital wallet is expanding largely driven by the evolution of internet and smartphone penetration. Numerous digital wallet providers have risen in many countries including Brunei Darussalam. However, the level of adoption is still low, and cashless society is still far from an expected target. There's no magic formula in deploying a guaranteed successful digital wallet, but developing a digital wallet ecosystem that is tailored to the local markets will be expected to increase digital culture and cashless society. The research assesses the existing digital wallet ecosystem, then analyses the extent of compatibility of local market demand. Furthermore, it introduces an improved digital wallet ecosystem model in order to support financial inclusion achieved through a holistic digital wallet ecosystem. The chapter also examines external factors that contribute to the digital wallet ecosystem's width of usage.

Internal and external search strategies of innovative firms: the role of the target market

2018 ◽  
Vol 24 (3) ◽  
pp. 495-518 ◽  
Author(s):  
Guillermo Ruiz-Pava ◽  
Clemente Forero-Pineda
Keyword(s):  
International Markets ◽  
Search Strategies ◽  
Local Market ◽  
Target Market ◽  
Local Markets ◽  
Content Type ◽  
Innovative Firms ◽  
External Sources ◽  
Internal Sources

Purpose This paper aims to develop the concept of internal search of ideas to show the contrast between search strategies adopted by firms that introduce new products into local and international markets. Design/methodology/approach Based on data from 2,652 innovative firms, the paper uses factor analysis to explore and confirm appropriate groups of sources of innovative ideas. The analysis differentiates between internal and two types of external sources. Logistic and bivariate regressions reveal different search strategies for innovation in local and international markets. Findings Firms reporting products new to international markets exhibit search strategies combining ideas from internal sources with ideas from other firms. Firms reporting products new to local market reveal a search strategy centered on ideas from other firms. Practical implications Managers and policymakers wishing to promote innovations for international markets should concentrate their resources on developing the organizations’ capacity to generate ideas internally while monitoring other firms’ ideas. Managers targeting local markets may focus their efforts on intelligence over ideas coming from other firms. Originality/value Clarifying the relationship between knowledge and ideas, the paper finds that search strategies of firms are more effective for innovation depending on the target market. Firms searching for ideas among other firms generate ideas that might trigger innovation in products new to local markets. Firms searching both for internal and external ideas generate ideas leading to products new to international markets.

scholarly journals The price-quality relationship of lint cotton in five local markets in southeast, Missouri, 1951-1953

1958 ◽  
Author(s):  
◽  
Lennie G. Kizer
Keyword(s):  
Price Level ◽  
Local Market ◽  
Average Price ◽  
Local Markets ◽  
Economic Significance ◽  
Southeast Missouri ◽  
Relationship Of

"A purpose of this study is to determine the effectiveness of the various local markets in reflecting to cotton producers the average price level prevailing for cotton, and in reflecting central market premiums and discounts in accordance with variation in quality. Anther purpose will be to determine if hog-round buying, paying only one price for all qualities, is used to purchase the producer's products. In the event that cotton is not sold on the quality basis and hog-round buying prevails in the local market, the purpose is to resolve if this type of buying or buying based on quality gives the greatest advantage to the cotton producer. An additional purpose is to evaluate the economic significance of these practices and suggest possible improvements, if any are needed, in the marketing structure."--Page 1-2

scholarly journals First Report of Fusarium Wilt of Babaco (Carica × heilbornii var. pentagona) in Ecuador

Plant Disease ◽  
2000 ◽  
Vol 84 (2) ◽  
pp. 199-199 ◽  
Author(s):  
J. Ochoa ◽  
G. Fonseca ◽  
M. A. Ellis
Keyword(s):  
Sodium Hypochlorite ◽  
Crop Production ◽  
Infected Plant ◽  
Soft Rot ◽  
Local Market ◽  
Market Demand ◽  
Sterile Water ◽  
Tissue Sections ◽  
Pathogenicity Tests ◽  
Petri Dishes

Babaco, Carica × heilbornii V.M. Badillo var. pentagona (Heilborn) V.M. Badillo, is a fruit native to Ecuador that has great potential as a cultivated crop. Local market demand and strong potential as an export crop have greatly increased interest in babaco production in Ecuador. Although the crop can be produced in open fields, the majority of crop production is in plastic greenhouses. In 1996, a serious wilt disease developed on babaco in several greenhouses, resulting in up to 100% loss of plants. Symptoms first appeared as chlorosis of the lower leaves, followed by defoliation progressing up the stem until the entire plant was defoliated. When cut in cross section, vascular discoloration was observed in the stem. Eventually necrosis and soft rot of the stem occurred and entire plants collapsed. Fungal isolations were conducted from fine feeder roots of diseased plants by soaking root pieces (2 cm long) in a 0.5% solution of sodium hypochlorite for 3 min. Root pieces were cut into smaller sections and placed on potato dextrose (PDA) or corn meal (CMA) agar in petri dishes. Isolations from larger roots, crowns, stems and fruits were made by soaking tissue sections of each plant part in a 2.87% solution of sodium hypochlorite for 3 min. Tissue sections were rinsed three times in sterile distilled water. Smaller tissue sections (≈0.125 cm3) were cut from surface-disinfested pieces and placed on PDA and CMA in petri dishes. Cultures were incubated at 20°C. A fungus resembling Fusarium sp. was isolated consistently from infected tissues from all infected plant parts. Based on the morphology of the fungal colony and conidia from monosporic isolations, the fungus was identified as Fusarium oxysporum Schlechtend:Fr. (1). Pathogenicity tests were conducted by growing babaco plants in pots containing an equal mixture of sterilized soil, compost, and sand in the greenhouse. Eight 7-month-old plants were inoculated by placing 40 ml of a suspension (106 conidia per ml) of F. oxysporum in four plastic straws placed in the soil (5 cm depth) at equal distances (5 cm) from the base of each plant. Straws around noninoculated control plants received sterile water. Plants were watered with 400 ml of sterile water daily. Pathogenicity tests were repeated once as described. All inoculated plants developed typical wilt symptoms within 45 days after inoculation. No symptoms developed on uninoculated control plants. F. oxysporum was successfully reisolated from infected stem tissues of inoculated plants. Incidence of Fusarium vascular wilt of babaco has continued to increase since 1996 and is currently the major constraint to production. References: (1) P. E. Nelson et al. 1981. Fusarium: Diseases, Biology, and Taxonomy. The Pennsylvania State University Press, University Park.

scholarly journals An Overview of the Development Electronic Wallet in Encouraging Economic Growth in the Indonesian Territory

2020 ◽  
Vol 18 (2) ◽  
pp. 28
Author(s):  
Andres Dharma Nurhalim
Keyword(s):  
Economic Growth ◽  
Analytical Method ◽  
Digital Technology ◽  
Financial Inclusion ◽  
The Public ◽  
Digital Wallet

This article aims to discuss the problem of a electronic wallet capable of driving economic growth in the territory of Indonesia for businesses and the public. The analytical method used in conducting this research is to use one literature with another literature as a basis for arguing. With the development of digital wallet, it is hoped that it can accelerate economic growth and financial inclusion in Indonesia towards Indonesia with the inclusion of digital technology and is also expected to be able to reduce geographical barriers that can later be eliminated with digital capabilities. So that everyone can easily transaction through an electronic wallet.

scholarly journals Strategi Pemasaran Cabai Merah Pada Sub Terminal Agribisnis Manik Mekar Nadi

2017 ◽  
Author(s):  
NI NYOMAN TISNA DEWI ◽  
I NYOMAN GEDE USTRIYANA ◽  
A.A.A. WULANDIRA SAWITRI DJELANTIK
Keyword(s):  
Technological Development ◽  
Product Distribution ◽  
Marketing Strategies ◽  
External Factors ◽  
Business Networks ◽  
Market Demand ◽  
The Government ◽  
The Stability ◽  
The Right

The Marketing Strategies of Red Chili at Sub Terminal AgribusinessManik Mekar NadiRed chili is one type of commercial vegetable that has long been cultivated in Indonesia. STA Manik Mekar Nadi has implemented marketing strategies to market its agricultural production, especially red chili. The purpose of the study was to analyze the internal and external factors, as well as the right strategies to be carried out by STA Manik Mekar Nadi in the marketing of red chili. The choice of location was done purposively and the number of the key informants was seven peoples. Results of research of marketing strategies of red chili showed that the internal factors include: the strength factors, namely, its strategic location, complete facilities, regular customers, and the guaranteed quality of red chili, while the weakness factors, namely, lack of capital, perishable products, unable to meet the demand, not using the services / advertising in the mass media. External factors include: opportunity factors, namely increasing purchasing power of consumers, government supports, increased domestic market demand, and technological development support, while the threat factors, namely, the emergence of new similar competition, consumers ‘sensitivity to price changes, fluctuations in the price of red chili at the local farmers, and the stronger bargaining power of consumers. The strategies adopted by STA Manik Mekar Nadi in marketing the red chili are to maintain the quality of red chili, to expand markets and product distribution, to increase the production of red chili, to have capital loans, promotion of technology, product standardization, standardization of prices, to expand business networks, to increase operational facilities, to maintain the stability of prices at the consumer level, and to increase the stock of red chili. The STA Manik Mekar Nadi is recommended to apply for financial assistance to the government, to add transportation and to enlarge the warehouse, as well as to conduct promotion.

A contingent valuation analysis to determine profitability of establishing local organic wine markets in Spain

2009 ◽  
Vol 25 (1) ◽  
pp. 35-44 ◽  
Author(s):  
M. Brugarolas ◽  
L. Martinez-Carrasco ◽  
R. Bernabeu ◽  
A. Martinez-Poveda
Keyword(s):  
Contingent Valuation ◽  
Regional Economy ◽  
Agricultural Practices ◽  
Agricultural Activity ◽  
Local Market ◽  
Wine Production ◽  
Local Markets ◽  
Farm Work ◽  
La Mancha ◽  
Organic Wine

AbstractIn this research an alternative is proposed for viticulture producers that would allow them to maintain their income and prevent the abandonment of their agricultural activity. The proposed alternative is the production of organic wine with subsequent commercialization in the local market. The suitability of the alternative is measured by the acceptance of the product in local markets. This acceptance was determined through contingent valuation, which relates probability of purchase to willingness to pay (WTP). Since regional differences could exist for product acceptance, the preliminary hypothesis was formulated that the importance of the viticulture sector in the regional economy makes consumers value farm work more highly and pay more for sustainable agricultural practices. Two regions of Spain were taken into consideration because of the different weight of their agricultural activity: Castile-La Mancha and the Community of Valencia. A survey of 800 wine consumers was made (400 from each region) to determine WTP. From the results it was shown on the one hand that organizing organic wine in local markets can be a profitable alternative for wine producers and, on the other hand, consumers from regions where wine production shares a larger proportion of the regional economy are willing to pay more for organic wine.

Factors influencing governance choice and human resource management within services franchising networks

2007 ◽  
Vol 13 (2) ◽  
pp. 126-144 ◽  
Author(s):  
Scott Weaven ◽  
Carmel Herington
Keyword(s):  
Resource Management ◽  
Human Resource Management ◽  
Human Resource ◽  
Demand Uncertainty ◽  
System Size ◽  
Governance Structure ◽  
Local Market ◽  
Market Demand ◽  
Growth Strategies ◽  
Hrm Practices

AbstractThis research provides a better understanding of the factors driving the choice of governance structures and human resource management (HRM) practices within services franchising arrangements. A qualitative multiple case study approach was favoured so as to obtain a clearer picture of the main issues and parameters. Nineteen franchisors using predominantly pure franchising, predominantly pure company-owned, plural, and predominantly multiple unit growth strategies were interviewed. Major contrasts have been identified, suggesting that system size, industry maturity and the nature of market demand impacts upon the choice of system governance structure. Generally, less mature and smaller networks rely upon predominantly single unit franchising strategies and less sophisticated HRM practices to foster local market innovation, build brand value and support rapid unit growth, while predominantly company owned strategies are favoured in environments of low competition and minimal demand uncertainty. In comparison, more mature systems use hybridised franchising forms and sophisticated HRM strategies to accommodate the competing demands of local market innovation, systemwide adaptation and system uniformity.

Entrepreneurial Ecosystems, New Business Formation, and Scale-up Activity: Evidence from 286 Chinese Cities

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Yi Zhang ◽  
Hein Roelfsema
Keyword(s):  
Scale Up ◽  
Entrepreneurial Activity ◽  
Local Market ◽  
Market Demand ◽  
Economic Wealth ◽  
Entrepreneurial Ecosystems ◽  
New Business Formation ◽  
New Business ◽  
Over Time ◽  
Business Formation

AbstractThis paper examines the effects of the quality of entrepreneurial ecosystems on new business formation and scale-up activity in China at the city-industry level. Accounting for only large and fast-growing firms, we focus on productive entrepreneurship which creates economic wealth. Based on a newly constructed panel dataset for 29 manufacturing industries and 286 prefecture-level cities of China during the period 1998–2009, we find that entrepreneurial ecosystem components, including access to finance, knowledge, marketization, local market demand, and entrepreneurial culture, are important determinants in explaining the differences in entrepreneurial activity across city-industry clusters and over time. Analysing a dynamic period in China’s industrialization with large regional variation in economic development, we show that the relative importance of the ecosystem components in shaping entrepreneurial activity changes over time when regions develop. In addition, we show that interaction between the ecosystem components – indicating system strength – has additional power in explaining new business formation and scale-up activity.

scholarly journals Investigation about contamination of some food items in local markets, Mosul, Iraq

Bionatura ◽  
2021 ◽  
Vol 3 (3) ◽  
pp. 2027-2030
Author(s):  
Ammar Nafea Alnema ◽  
Mazin Nazar Fadhel
Keyword(s):  
European Union ◽  
Local Market ◽  
The European Union ◽  
Local Markets ◽  
Dried Fruits ◽  
Food Items ◽  
Average Quantity

Results of enzyme-linked immunoassay (ELISA), which was conducted on 58 samples of dried fruits and nuts available in the local market in Mosul city that there were samples that are contaminated with aflatoxins with rates higher than the tolerated level permitted by the European Union (4 parts per billion) in the human-consumed foodstuff products as the percentages were 40%, 40, 70% and 10% for almond, cashew, pistachio, and walnut respectively, which are beyond the permitted level. At the same time, the percentages were 66% and 10% for dried apricot and figs, respectively, and more than the permitted level. The average quantity of aflatoxins in the nuts samples was (1.6, 3.8. 4.1 and 6.1 ppb) for walnut, cashew, almond, and pistachio, respectively, while in the dried fruits (3.3, 1.4, and 6.9 ppb) for raisin, figs, and apricot respectively.

scholarly journals DNA barcoding and nutritional analysis as a tool for promoting the market of inland fish species

2021 ◽  
Vol 10 (3) ◽  
Author(s):  
Iolanda Venuti ◽  
Marina Ceruso ◽  
Giuseppe Palma ◽  
Giorgio Smaldone ◽  
Tiziana Pepe
Keyword(s):  
Fatty Acids ◽  
Dna Barcoding ◽  
Fish Species ◽  
Cyprinus Carpio ◽  
Micropterus Salmoides ◽  
Central Italy ◽  
Anguilla Anguilla ◽  
Coi Gene ◽  
Local Market ◽  
Market Demand

The increasing world market demand for seafood requires an expansion of product categories available to consumers. Inland fish are usually considered having unmarked taste and are less appreciated by consumers; thus, they have low commercial value. Therefore, the marketing of the lake’s fresh and processed fish is limited to the local market and consumers are currently uninformed and mistrustful about these species. In this study, six different fish species were caught in the Fondi lake (Lazio, central Italy): Anguilla anguilla, Tinca tinca, Carassius gibelio, Cyprinus carpio, Micropterus salmoides, Chelon ramada. All the samples were subjected to nutritional and DNA barcoding analysis. Moisture, protein, fat, carbohydrates, ash, and sodium content were measured. As regards the fatty acids profile, the most abundant were MUFAs with the highest value in Anguilla anguilla (45.97%). Oleic acid (C18: 1 n9 cis) was particularly high in Cyprinus carpio (55.46%). The fraction of polyunsaturated fatty acids (PUFA) revealed a higher DHA content (C22: 6 n3) in Anguilla anguilla than the other species (>12 %) while Chelon ramada presented both higher EPA content (C 20: 5 n3) and total fraction of omega 3 PUFAs. Concerning molecular analysis, a 655 bp fragment of cytochrome C oxidase subunit I (COI) gene was successfully used for the identification at the species level using both BOLD and BLAST public databases. The present study gives the basis for improving the knowledge and promoting inland fish’ market and traceability along the supply chain.

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