International Journal of Innovation in Management, Economics and Social Sciences
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Revolutionising Public Private Partnerships: A Transition to the Fifth Industrial Revolution
Get PDFPurpose: The purpose of this article is to examine Public Private Partnerships (PPPs) in the Fifth Industrial Revolution (5IR). Government does not have the capacity to deliver services by itself. As a result, PPP have played an important role to assist government in delivering services in an efficient and reliable manner. Amongst the benefits of PPPs are value for money, risk transfer and affordability. Partnerships are increasingly important to assist government in achieving development goals. The fourth industrial revolution (4IR) presents a number of implications in terms of government service delivery. PPPs are necessary to navigate these changes. This article aims to determine how PPPs can be improved to transition to the 5IR. The 5IR entails a supersmart society where humans are the pivotal link in overseeing technology.
Methodology: This article is descriptive and conceptual in nature. Unobtrusive methods are used to synthesise and integrate extant research.
Findings: A conceptual model is developed to illustrate the necessary elements in forming a PPP ecosystem that is relevant to the 5IR and human-centric.
Originality/Value: Very little research has been done on the 5IR, particularly no research has been done on the purpose, scope and nature of public private collaboration for improving PPPs in the 5IR
Gender disparity and Digital Financial inclusion in Advancing the Attainment of Sustainable Development Goals in Developing Countries
Get PDFPurpose: Digital financial services delivered through fintech have grown substantially in developing countries to address the issues of access, affordability, and usage that cripple financial inclusion in these countries. Despite the growth of digital financial services researchers continue to lament the problem of financial inclusion for women. Researchers continue to allude to most women being digitally financially excluded in developing countries. Through a systematic literature review, this study sought to establish the challenges explaining the digital financial exclusion of women or the continued low levels of financial inclusion in developing countries. In addition, the paper sought to unpack how the digital financial inclusion or exclusion of women could impact the realization of the United Nations 2030 Sustainable Development Goals.
Methodology: The paper adopted a systematic review approach. Literature on the subject was gathered from Scopus indexed journals, reviewed and synthesized
Findings: The research established that factors such as digital, social, and financial inclusion, taxation of DFS, socioeconomic and sociocultural challenges as well literacy challenges, and regulatory and legal factors were responsible for the financial and digital financial exclusion of women, thus expanding the gender gap. Digital financial inclusion was found to be critical for economic development and the fruition of SDGs because women spend more on family, and development and generally save better than men.
Originality/Value: Digital financial inclusion and financial inclusion are very fundamental to sustainable development and the accomplishment of the SDGs globally and more so in developing countries. Developing countries face an array of challenges toward achieving sustainable development and economic growth. These challenges include poverty and extreme poverty, corruption, resources shortages, lower levels of development, unemployment, and inequality as well as the financial exclusion of vulnerable groups of the population. While several studies have explored challenges of financial inclusion in developing countries, there is a dearth in literature that explores the intersection between digital financial inclusion or exclusion of women in developing countries and the realization of the SDGs. This paper sought to address this void by imploring the intersection between gender disparity and digital financial inclusion as these concern the realization of SDGs in developing economies
A Modeling for Enhancing Consumer Trust in Organic Food through Authentic Content in Social Networks
Get PDFPurpose: This research aims to identify factors that improve consumers' trust in organic food in social networks by providing authentic content, prioritizing these factors, and presenting a model for them.
Methodology: In the phases of this research, first, the research literature in this field was examined. Then, with the theoretical saturation approach and through interviews with primary samples of the target audience and organic food consumers, a questionnaire was designed to measure the impact of 20 factors on consumer trust. Four hundred twenty-five organic food consumers confirmed this questionnaire and its factors
Findings: The results led to the discovery of 20 effective factors, which were categorized and modeled with the help of exploratory factor analysis in 4 categories of hidden variables with the names of emphasis on standards, description of product validity, credible recommenders, and valid supply. In the final step, with the help of a random forest algorithm in the artificial neural network, 20 identified factors were prioritized.
Originality/value: For the first time, this study seeks to increase consumers' trust in organic food in social networks by improving the presentation of appropriate advertising content in messages. So far, no research has been done in this field, specifically in improving consumption and, as a result, the sale and acquisition of the organic food market
The Role of Strategic Foresight on Dynamic Capabilities
Get PDFPurpose: Strategic Foresight (SF) is required for an organization in facing Uncertainty, Complexity and Ambiguity environment to maintain relevant in future. Recently, researchers have argued that strategic planning (SP) can be considered a dynamic capability (DC) in organizations. Thus the purpose of this Paper is investigate the role of Strategic Foresight on Dynamic Capabilities of firms.
Methodology: This theoretical effort presents a brief review and argues that Strategic Foresight is one of the micro-foundations of Dynamic Capabilities because it supports the seizing and continuous alignment of assets and resources. Under this perspective, SF has a role in the development and implementation of all organizational DCs and is not restricted to a DC specifically.
Findings: The results show that strategic foresight is effective in creating dynamic capabilities.
Originality/Value: Although scholars generally agree that companies require dynamic capabilities to flexibly respond to and shape uncertain environments, only little empirical research has been conducted on the factors that facilitate the development of these capabilities. This study addresses this gap and introduces strategic foresight as an important antecedent of firms’ dynamic capabilities
Proposing a Pure Binary Linear Programming(PBLP) Model to Discover Eulerian Circuits in Complete Graphs
Get PDFKnown as a branch of Discrete Mathematics (DM), Graph Theory (GT) describes and solves problems of discrete nature through nodes (i.e., vertices) and arcs (i.e., edges). In this regard, a prominent problem is to find the Eulerian circuits. This paper indicates that the problem can be analyzed through operations research methods. In more general terms, finding the Eulerian circuits could be considered a pathfinding problem. Hence, this paper proposes a pure binary mathematical model to describe the relationship between the variables employed to find the Eulerian circuits. All the analyses in this paper were performed in MATLAB. The proposed model can be solved by many optimization software applications. Finally, several numerical examples are presented and solved through the proposed method. All the analyses in this paper were performed in MATLAB. This paper indicated that the problem(Eulerian Circuits in Complete Graphs) could be studied and solved from the perspective of operations research
Divided in Diversity: Cultural Insensitivity as a Factor Leading to Faculty Leaving a Nursing Education Institution in Johannesburg, South Africa
Get PDFPurpose: Nurse faculty retention continues to be a global concern especially in the face of worldwide nurse shortage. The nursing workforce shortage is further intensified by nurse faculty resignations from nursing education institutions. Although various factors have been attributed to nurse faculty resignations, few studies have reported cultural insensitivity as a factor that could lead to faculty leaving academia. The purpose of this study is to explore and describe cultural insensitivity as a factor that led to nurse faculty resigning from a nursing education institution in Johannesburg and to describe strategies for their retention.
Methodology: A total of 15 purposively selected nurse faculty participated in individual semi-structured interviews of a broader exploratory-descriptive, and contextual qualitative study. Data were analyzed using Tesch’s iterative thematic analysis protocol.
Findings: The study revealed that factors related to cultural diversity, specifically cultural insensitivity, also contributed to nurse faculty resigning from the nursing education institution.
Originality/Value: Although the institution has a reputable history of having culturally diverse nurse faculty, some of its faculty resigned due to the cultural insensitivity of their colleagues and institutional management. Based on findings and conceptualization of literature, the study makes various recommendations on how nurse faculty could be retained through promoting cultural sensitivity amongst diverse faculty
The Smart Contracts in the Oil, Gas and Petrochemical Industry
No full textPurpose: A smart contract represents an agreement between parties that exploits a blockchain as the enforcing medium, limiting or avoiding the need of a legal enforcement (e.g., a court). The purpose of this paper is the review advantage and challenges of smart contracts on Oil, Gas & Petrochemical Industry.
Methodology: This paper does a systematic review to discuss the application prospects of blockchain technology in the oil, gas & Petrochemical industry.
Findings: The results show that the smart contract would be effective in Oil, Gas & Petrochemical industry.
Originality/Value: Finally, we note that, despite its significant potential, smart contracting is still a developing technology and has several open challenges associated with its implementation, such as privacy concerns, risk of cyber-attacks (such as hacking) and the energy required for computation and blockchain deployment of the contracts. So far, smart contract applications in energy systems have been mostly focused on research, proof-of-concept and demonstration projects (such as P2P demonstration projects run in a local community or microgrid)
Tourism and Economic Development of the Village (Farsian Qanchi and Tilabad villages, Azadshahr, Iran)
Get PDFPurpose: Tourism as a process in rural development can provide the basis for diversification of financial resources, increase of income and job creation in the village. The situation of the rural society of Iran shows that the villages, like the cities, are full of opportunities and natural and human resources, that the correct and optimal use of these opportunities and the creation of new businesses can bring significant economic benefits. The rural tourism industry is one of the activities and fields that have a great capacity for the economic development of the country's villages. Therefore, this article seeks to investigate and analyze the effects and consequences of tourism in the economic development process of Farsian Qanchi and Tilabad villages of Azadshahr county in Iran.
Methodology: This research is applied studies in terms of its purpose and descriptive and analytical research in terms of methodology. The validity of the research tool (questionnaire) was confirmed by Delphi method and its reliability was proved using Cronbach's alpha coefficient (α = 0.853). The statistical population includes all heads of households in the villages of Farsian Qanchi and Tilabad, among which 140 people were selected as the sample size by simple random sampling.
Findings: The general results of the research show that Farsian Qanchi village has a much better and higher capacity than Til Abad village for the development of tourism and economic growth of the village. So that the native residents of Farsian Qanchi village have a higher level of entrepreneurship, more diverse financial resources and more income compared to the native residents of Tilabad village.
Originality/Value: In this paper, we will examine Tourism and Economic Development of the Village (Farsian Qanchi and Tilabad villages, Azadshahr, Iran)
The Impact of Fintech and Artificial Intelligence on COVID 19 and Sustainable Development Goals
Get PDFPurpose: The main goal of this article is reviewing the importance of Fintech and AI in achieving sustainable development goals such as education, health, equality and etc. and reducing the negative effects of COVID19. Generally, it is necessary to pay special attention to the environment, poverty, education and welfare, and artificial intelligence and finance can complement each other in this regard.
Methodology: In this article, we have addressed issues such as digitalization, green finance, climate change, big data, sustainable development parameters, and issues related to artificial intelligence and its potential impact on sustainable development. Finally, we have studied the effects of COVID-19 on Fintech and AI and vice versa.
Findings: The results show that Fintech and AI can be effective in achieving the sustainable development goals and they can play an important role in mitigating the harmful effects of COVID-19 in different dimensions such as economic, social health, environment and etc.
Originality/Value: The main contribution of the article is that we have focus on the impact of Fintech and AI on SDGs and COVID19 simultaneously which are often examined separately. On the other hand, the author has tried to look at the issue of sustainable development and its challenges from a financial perspective and have a special and comprehensive look
The Role of Monetary Instruments to Financial Market in the Pandemic Covid Era
Get PDFPurpose: This paper aimed to analyze the financial market reaction towards monetary instruments during the pandemic covid era. We employ Malaysian data.
Methodology: We develop the financial market into three models, namely the interbank money market, bond market, and stock market. We used ordinary least squares as the research methodology. The type of data used is a monthly time series from January 31, 2019, to June 30, 2021.
Findings: The study found that the dynamics of monetary policy through policy interest rates and reserve requirements have a significant effect on financial markets in Malaysia, particularly on the interbank money market and bond market. Meanwhile, when it comes to the COVID-19 pandemic, government bond yields are influenced by the implementation of the minimum reserve policy.
Originality/Value: We focus on dynamic monetary instruments in Malaysia. The main instruments are the overnight policy rate and reserve requirement ratio. We employ the linkage of covid and monetary instruments as an independent variable to capture the effect of monetary policy in the pandemic covid era