Developments and Global Trends in the Education and Business Sectors in the Post-COVID-19 Period

In this chapter, the author focuses on the reality of living through a pandemic that made people worldwide prioritize their matters of importance. Since the beginning of the pandemic, the educational sector was one of the most privileged ones thanks to the previous implementation of proper technologies and internet tools. The author will analyze the challenges faced by teachers, students, and parents, who had to adapt workplaces and focus their efforts to continuously innovate and capture the attention of students. On the business arena, the pandemic was a digital accelerator. Many businesses had to improve their digital platforms and different types of consumers emerged. The author will highlight the global consumer trends that emerged during the pandemic which will remain throughout the post-COVID-19 period and the challenges to capitalize on all the new trends that emerged to transform persons into better human beings and to contribute building a better world.

Pelatihan pembinaan UMKM berbasis Teknologi Informasi untuk meningkatkan SDM pelaku UMKM

Micro, Small, and Medium Enterprises (MSMEs) in Indonesia are currently one of the business sectors that can assist the government in employing the community. The Indonesian government, in its policies, has allocated many funds to increase the interest of the millennial generation in the field of entrepreneurship, especially various types of technology-based businesses such as startups, so that the Indonesian economy is growing. This training activity for assisting MSME actors aims to improve the ability of MSME actors ability to develop their business through information technology assistance. Improve knowledge of financial management and e-commerce for MSME actors and mastery of Information Technology for MSME actors. The participants came from 3 sub-districts in East Lombok Regency, namely Sukamulia, Selong, and Labuan Haji. The MSME coaching training involved 100 MSME participants in 3 sub-districts. MSME actors are given an understanding of the use of e-commerce and the importance of using technology in developing MSME products to increase their income. Implementing this activity is by practicing using various available promotional platforms, such as YouTube, Instagram, and Google Business. The results obtained are that MSME actors can master the basics of using the promotion platform that has been taught

Implementation of Regulatory and Supervisory Policy Authority in the Establishment of Internal SOP Against Credit Fraud in Indonesian Banking

Banking is one of the drivers and centers of a country's economy. Based on the authority they have, it is not surprising that the risk held by banks is very high. Therefore, banking is one of the business sectors that have very strict supervision. This paper discusses how the implementation of regulatory policy authorities applicable in Indonesia related to the establishment of internal banking Standard Operating Procedures (SOPs) in minimizing the potential for credit fraud and how internal and external supervisory authorities can become benchmarks in supporting the creation of anti-fraud policies, especially in credit fraud. There are two main factors that can create a potential credit fraud chain that leads to financial statement fraud: first, delays in updating regulatory policies; and second, ineffective and insensitive internal and external banking supervision. In addition, there needs to be a certain regulatory policy that deals with credit fraud, whether issued by the government, Bank Indonesia, OJK or internal Banking SOP itself.

The Gender-Biased Wording of Recruitment Advertisements in Iraq

This research studies the nature and the scope of gender discrimination in job advertisements across Iraq’s various business sectors, segments, and hierarchical levels. It also attempts to understand the correlation between the language of the vacancy announcements and the level of the gender discriminatory content in them. This study is conducted with the hope of contributing to gender equality at the workplace in Iraq and the wider region. The current study adopts a content coding and analysis method that depends on the analysis of job advertisements (n=1015) by organizations operating in Iraq published in the leading recruitment websites and social media pages for a period of about four consecutive months from June to October 2017. The analysis is conducted using descriptive statistics and tested using simple cross tabulation method. Although the topic has been studied in various countries and contexts, it lacks academic attention in the Middle East, which can be seen as a unique area for research. Also, this research is the first attempt, as far as we are aware of, to comprehend the correlation between the choice of language (English, Arabic or Kurdish) and gender-biased wording of vacancy announcements. Understanding the relationship between language and gender discrimination in job advertisements might as well unveil a new area of study and aid in the quest for gender equality in the Iraqi workplace. This paper provides scientific evidence that more than 41% of all job advertisements in Iraq commit gender discrimination. The majority of them indirectly favor male candidates. Additionally, the nature of the vacancies for which women are preferred is different from the ones that target men. The adverts generally try to segregate women into non-managerial and administrative jobs. The study also infers a statistically significant correlation between the language of the advertisement and gender discrimination rate.

Social capital and university–business collaboration in doctoral education

University–business collaboration in doctoral education has been promoted by governments and universities. In contexts where there is limited contact between the academic and business sectors, individuals and their social capital might play an important role in the formation and success of such partnerships, including the frequency of interaction and continuity of partnerships. Here, data from a survey of directors of doctoral programmes in Portugal were used to explore these aspects. The social capital of the directors seems to increase both the intensity and continuity of collaboration, especially in scientific fields considered to be more distant from companies and in which university–business collaboration is less common. Previous collaboration will create relational capital, resulting in mutual knowledge and trust which, in turn, lead to more intense and sustainable collaboration. Academic experience with companies—reflecting cognitive aspects of social capital—increases the diversity of university–business collaboration in doctoral programmes, while also reinforcing the possibility of long-term collaborations. The findings indicate that academics’ social capital is an important factor in determining the success of collaborative doctoral education, and should be taken into account when designing and supporting collaborative doctoral programmes.

The Role of Civil Society Sector in the Development of Art-Driven Regional Social Innovation: The Case of Benesse Art Site Naoshima and Art Setouchi

Recently art is increasing its presence as an “creative industry” to sustain local communities, by generating socio-economic values. Still, whether art can be a tool for social innovation to regenerate communities, especially in rural areas in aging societies, is an unanswered question. In this paper, we take the example of Benesse Art Site Naoshima and Art Setouchi in the island area of Western Japan, viewing how it transformed from a corporate-established museum to a regional initiative involving various stakeholders, including local residents and thus creating the process of dialogues and collaboration. By reconstructing the existing evidence with supplementary fieldwork and interviews and applying a tri-sectoral analysis of the processes, we present how the art sites developed to become a social innovation. We then illustrate the role of two key individuals, Soichiro Fukutake and Fram Kitagawa, and shed light on the different values and methodologies they brought into these art sites. We argue that such contributions from the civil society and philanthropy sector made a critical contribution to characterize BASN and Art Setouchi, in addition to the well-documented and recognized efforts from local government and business sectors. Finally, we propose that such values, methodologies, and persons who can embody and implement such values are crucial if other countries and areas are to replicate the model.

Hand Sanitizer: Regulatory Perspective in Different Countries

Considering the new Coronavirus pandemic, the interest for antimicrobial products, for example, sanitizers and hand sanitizers are soaring. Regulatory authorities are performing their function by giving approvals to hand sanitizers in various countries through various regulations and marketing authorization procedures. The point of this article is to help in understanding the administrative prerequisites expected to bring the hand sanitizers or sanitizer items into various business sectors, just as the current administrative exceptions and interval gauges set up to help react to COVID-19.

Cloud Accounting : The Development of Accounting Information System in Industry 4.0 in Indonesia

The digitalization era of Industry 4.0 in Indonesia has significance roles in business sectors and accountancy in which they are progressing and developing. Future accountants are expected to equip upgraded-skills due to the globalization and digitalization of Industry 4.0. The trend of emergence technologies in accounting information system is Cloud Accounting. Hence, the digital transformation of the accounting information system is important for accountants to be fully aware that traditional accounting system will be gradually replaced to more digitalized accounting system. This paper focuses on the needs of Cloud Accounting and the extent of the development of accounting information system in Industry 4.0 in Indonesia. The research methodology of the study is qualitative analysis. Interview, questionnaire and focus group discussion were conducted to gather information from views of accounting business providers, practitioners, and accountants. Published journals of related topic were also examined to get viewpoints of the researchers. The results show that 90% of the respondents agree that accounting information system has evolved to more digitalized accounting system in Industry 4.0. Future accountants will have more challenging accountancy roles due to the digitalization on accounting information system in which digitalized accounting information system will take over with the advancement of technology through education and higher education should prepare future accountants by knowledge of Cloud Accounting in the curriculum of accounting study program.

PERLINDUNGAN HUKUM DAN ETIKA BAGI PENGGUNA FINTECH PEER TO PEER LENDING DI INDONESIA

The rapid growth of illegal online loan services is also caused by the potential of the Indonesian people themselves to become a large enough market for online loan services. There are still many Indonesians who are not bankable, so many turn to illegal online loan services that are easier and faster. Currently, there are 105 illegal Fintechs that have been brought under control by the Investment Alert Task Force since 2018-2020. In terms of fintech dispute resolution, there is no dispute resolution agency that effectively resolves disputes. This is because the location of the parties is unclear, besides that the fintech lending administrator in the standard electronic contract clause does not specify a court. This research is a normative juridical research using the Systematic Literature Review Method which refers to Kitchenham (2019) with research stages using planning, implementation and reporting. The first stage begins with formulating the main objectives of this research. This is to identify what problems arise from the Peer to peer Lending industry. On November 13, 2020, OJK issued a draft regulation on P2P, which is planned to replace POJK 77, to provide legal certainty to the P2P business model and protect the public interest. Several provisions in the draft were adopted from OJK regulations that exist in other business sectors that are strictly regulated such as insurance, securities, and finance. The protection of peer to peer fintech lending business ethics has been stated in the AFPI 2020 special Code of Conduct Number 002/SK/COC/INT/V/2020. However, the rules of business ethics that have been made still have weaknesses which will have an impact on consumers' losses.

Direct Economic Inputs from Internationally Funded Science Projects to the Abaco Islands, The Bahamas

International expenditures for scientific research are important for small island developing nations, especially for those local communities that directly support research activities. We used the Abaco Islands, The Bahamas, as a case study to quantify the direct monetary inputs to a local economy via internationally-funded scientific research. We found that over two years the external monetary influx was $995,310, via 24 research teams, that was spent across diverse business sectors on Abaco. A direct survey approach ensured this was a conservative estimate, leaving out numerous indirect economic impacts, thereby suggesting the actual monetary infusion was significantly higher. The highest expenditures were for services (e.g., local salaries and boat guides), lodging, food/drink, and major equipment (e.g., vehicles). In addition to the research-based contributions that give rise to conservation and management decision-making, scientific activity brings benefits through the injection of money into local island economies. This relationship warrants study at larger regional scales, including across The Bahamas archipelago.