Journal of Technology Management for Growing Economies
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Strategic Option of ICT Driven Development Trajectory in Myanmar
Get PDFWhile Myanmar shared one of the richest lands in South Asia with affluent natural resources and qualified human resources, it has suffered long-lasting economic stagnation since 1962. However, conspicuous economic growth, after the take off-strategy 1997 (1999-2007), was highest among 10 member countries of ASEAN, China and India, and has demonstrated their potential ability to transform their constraints into a springboard for innovation. This reminds us of Information CommunicationTechnology (ICT) driven development trajectory demonstrated by the world ICT top leaders, Finland and Singapore. Both transformed their indigenous constraints into India, and has springboard for ICT advancement and prompts us a hypothetical view that such a trajectory could be a promising strategic option for Myanmar in awaking its latent competitive power. This paper presents an empirical analysis consideringICT driven developing trajectory in 146 countries. The analysis involved four major steps. Firstly, Myanmar’s possible development trajectory was estimated, based on innovation diffusion theory, by identifying its current position in the global ICT versus per capita income development trajectory. Secondly, Myanmar’s current position in the global ICT driven economic development trajectory was identified based on the theories of timing of emergence of functionality development and CHASM (deep trench compelling new ventures start-up). Thirdly, given Myanmar’s position in anticipating support from ICT advanced countries for its ICT advancement, effects of support were analyzed by decomposing the governing factors to ICT advancement. In addition, Myanmar’s institutional identity supportive to effective utilization of ICTsupport was analyzed. Fourthly, based on the foregoing analyses together with the analysis of the similarity and disparity between world ICT top leaders, Finland and Singapore, possible scenarios for Myanmar’s ICT driven development trajectories, growth-oriented or welfare and happiness seeking were compared
Exploring Intention to Adopt Mobile Banking Amongst Indian Youth
Get PDFThe purpose of the present study is to investigate the major factors that influence the intention to adopt mobile banking. It explores the adoption factors using technology acceptance (TAM) and diffusion of innovation (DIT) theory. Major focus of the study is on the young consumer group that is more likely to adopt mobile banking. Analysis of the study is based on responses from college students in the national capital territory (NCT) of Delhi. Data is analysed using exploratory factor analysis (EFA) and confirmatory factor analysis (CFA). Results indicate that constructs viz., perceived usefulness (PU), perceived ease of use (PEOU), compatibility; trust and attitude are significant factors to be considered for determination of intention to adoption mobile banking. The study includes implications for researchers and practitioners in terms of identifying the key indicators of adoption of emerging technologies pertaining to mobile banking. It forms a base for future research to predict technology adoption in the context of developing countries
Knowledge Management and its Impact on Organisations: An Assessment of Initiatives in the Industry
Get PDFKnowledge management (KM) has gained a lot of importance due to the value, which it has offered to the organizations. It has been observed that Information Technology (IT) has further made this task easier. KM efficiency of an organization varies due to its KM capabilities. KM initiatives in the industry are numerous and IT is an important tool to get these implemented. This paper helps to understand the organizational impact of KM initiatives and its assessment. The paper has two parts. The first part, which talks about organizational impact of KM is exploratory in nature. The second part is based on primary data collected from listed BSE companies. Data is analyzed to check whether organizations, which are practicing KM, are aware that they are doing KM. The paper concludes that better the KM capabilities, better will be the KM implementation results. The benefits of KM are both tangible and intangible. The paper would be helpful to the industry and to the researchers and would facilitate future research in the area to assess the impact on performance by organisations applying KM
R&D and Standardisation Activities of High Technology Industries in Japan in the Information and Communications Technology Services Field
Get PDFThis study aims to elucidate the relationship between Research and Development (R&D) and standardization of Information and Communications Technology (ICT) services in high technology industries of Japan. The study focuses on Intellectual Property (IP) standardization activities as a key factor in corporate innovativeness. The author examines the magnitude of the effects of R&D and standardization on patent applications in the Japanese electric machinery industry, which provide ICT services and includes the electric appliance manufacturers. The number of patent applications is known to have a positive impact on corporate innovativeness and can be used as a proxy for determining this magnitude of the impact. Pearson correlation coefficient between the number of persons engaged in IP standardization activities and the number of patent applications is found to be positive, but smaller in comparison with the number of persons engaged in R&D activities. However, the impact of standardization is larger than what is generally anticipated. These findings might assist corporate managers in decision making pertaining to allocating human resources
Government’s Catalytic Role in Emerging Economy: Critical Comparison of China’s Conspicuous Strength in Wind and Solar Industry
Get PDFIn light of a conspicuous strength in China’s solar and wind industry in recent years this paper analyses the catalytic role of the government in inducing the institutional source of its strength. Critical comparison of the two industries show China’s renewable energy policies for wind industry was more effective than the solar industry through adopting a self-propagating functionality development through fusing the external technology with domestic industries know-how to co-evolve both production and diffusion through effective assimilation. This suggests a new insight for growing economy to devise effective policy framework to develop a globally competitive industr
Co-emergence of Institutional Innovation Navigates the New Normal in Growing Economies
Get PDFIncreasing fear of the global simultaneous stagnation derived from the Euro-crisis together with the New Normal in growing economies reveals the limit of individual strength leading to the significance of fusion with global best practices. Dramatic advancement of the Internet has enabled consumers in any nation to choose and learn from world’s strongest suppliers. Both trends inevitably necessitate co-emergence of institutional innovation between suppliers and consumers for sustainability. On the basis of an empirical analysis comparing institutional systems in 100 nations, this paper demonstrates the significance of this co-emergence thereby navigating the New Normal in growing economies
Contribution of Decision Support System in Enhancing Productivity and Profitability of the Firm
Get PDFThe business paradigms are changing amidst changing business environment. There are newer technologies at disposal, rising customer awareness and their expectations from the need to attain efficiency and effectiveness in business processes for survival and competitive advantage. This paper provides insights on the significance of business decision making and present state of organizations that are striving to achieve optimal utilization of limited business resources. The paper highlights the nature of linear programming model and its importance in effective business decision making. The business impact of model is illustrated in the case using the linear programming model and transportation method through excel solver in computer manufacturing firms to help in deciding optimum quantity to produce within limited resources and how the computers manufactured can be distributed to market places at minimal cost. The paper elicits the effectiveness of the linear programming model to realize good decision making in business by meeting the business objectives through optimal utilization of resources. It concludes that model driven decision support system enhances the productivity and profitability of the firm in a constrained environment and is a highly effective model for solving business problems
Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research
Get PDFIn light of the observed changes in climate patterns, this paper reviews the evidence forwarded under climate science research for analysing the climate related stresses on assets across different sectors. The review provides insights on the need for a shift in investment decisions and portfolio management activities. The paper follows an exploratory research method to focus on key climate science research themes. Thereby, the paper synthesizes the existing scientific information to identify those opportunities in climate change that require climate investments. Additionally, the research also discusses the points of uncertainty for climate investment that arise due the limitations of existing climate science related information and methods. The synthesis of climate science information in the paper will provide a foothold to the interdisciplinary research community in the area of sustainable investments for identification of investable climate assets and insights on the factors of climate science related uncertainty that need to be researched further for their impact on such climate investments
Do Frugal and Reverse Innovation Foster Sustainability? Introduction of a Conceptual Framework
Get PDFThe fields of frugal and reverse innovation as well as sustainability and its management have received tremendous interest in recent times. However, there is little literature on how both fields are related to each other. Hence, this paper gives an overview of research in both areas and provides a view of the relationship between frugal and reverse innovation, sustainability management and performance constructs. The link between frugal and reverse innovation on the one hand and sustainability performance on the other hand is established through a differentiated perspective on dimensions representing different fields of sustainability management, i.e. the sustainability of resources used in value creation, the sustainability of the actual value creation processes, and the sustainability of the outcomes of value creation processes. Moreover, we also argue for a positive link between the three dimensions of sustainability management and a company’s market performance
Spatial Visualisation of Correlations Between Key Innovation Factors: Standardisation Activities, Intellectual Property Activities and R&D Activities in the Japanese Electric Machinery
Get PDFThis paper examines the spatial visualization of the relationships amongst three factors viz., standardization related activities, intellectual property related activities and R&D activities. The inverse of the correlation coefficients between each pair among the three factors is used to measure the distances graphically. This is expressed by a ‘triangle-shaped model.’ For the electric machinery industry in Japan, these three factors form more compact triangles when compared with all industries in Japan. The difference in the shape of the triangles reflects the closeness among the three factors, especially in terms of standardization in these industries. This methodology is expected to be useful for establishing robust and comprehensive technology management systems for corporate R&D activities. Such technology management systems can allow for the protection of proprietary R&D information and promote information gathering during standardization activities