1,076 research outputs found

    Next Generation Business Ecosystems: Engineering Decentralized Markets, Self-Sovereign Identities and Tokenization

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    Digital transformation research increasingly shifts from studying information systems within organizations towards adopting an ecosystem perspective, where multiple actors co-create value. While digital platforms have become a ubiquitous phenomenon in consumer-facing industries, organizations remain cautious about fully embracing the ecosystem concept and sharing data with external partners. Concerns about the market power of platform orchestrators and ongoing discussions on privacy, individual empowerment, and digital sovereignty further complicate the widespread adoption of business ecosystems, particularly in the European Union. In this context, technological innovations in Web3, including blockchain and other distributed ledger technologies, have emerged as potential catalysts for disrupting centralized gatekeepers and enabling a strategic shift towards user-centric, privacy-oriented next-generation business ecosystems. However, existing research efforts focus on decentralizing interactions through distributed network topologies and open protocols lack theoretical convergence, resulting in a fragmented and complex landscape that inadequately addresses the challenges organizations face when transitioning to an ecosystem strategy that harnesses the potential of disintermediation. To address these gaps and successfully engineer next-generation business ecosystems, a comprehensive approach is needed that encompasses the technical design, economic models, and socio-technical dynamics. This dissertation aims to contribute to this endeavor by exploring the implications of Web3 technologies on digital innovation and transformation paths. Drawing on a combination of qualitative and quantitative research, it makes three overarching contributions: First, a conceptual perspective on \u27tokenization\u27 in markets clarifies its ambiguity and provides a unified understanding of the role in ecosystems. This perspective includes frameworks on: (a) technological; (b) economic; and (c) governance aspects of tokenization. Second, a design perspective on \u27decentralized marketplaces\u27 highlights the need for an integrated understanding of micro-structures, business structures, and IT infrastructures in blockchain-enabled marketplaces. This perspective includes: (a) an explorative literature review on design factors; (b) case studies and insights from practitioners to develop requirements and design principles; and (c) a design science project with an interface design prototype of blockchain-enabled marketplaces. Third, an economic perspective on \u27self-sovereign identities\u27 (SSI) as micro-structural elements of decentralized markets. This perspective includes: (a) value creation mechanisms and business aspects of strategic alliances governing SSI ecosystems; (b) business model characteristics adopted by organizations leveraging SSI; and (c) business model archetypes and a framework for SSI ecosystem engineering efforts. The dissertation concludes by discussing limitations as well as outlining potential avenues for future research. These include, amongst others, exploring the challenges of ecosystem bootstrapping in the absence of intermediaries, examining the make-or-join decision in ecosystem emergence, addressing the multidimensional complexity of Web3-enabled ecosystems, investigating incentive mechanisms for inter-organizational collaboration, understanding the role of trust in decentralized environments, and exploring varying degrees of decentralization with potential transition pathways

    Semantic discovery and reuse of business process patterns

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    Patterns currently play an important role in modern information systems (IS) development and their use has mainly been restricted to the design and implementation phases of the development lifecycle. Given the increasing significance of business modelling in IS development, patterns have the potential of providing a viable solution for promoting reusability of recurrent generalized models in the very early stages of development. As a statement of research-in-progress this paper focuses on business process patterns and proposes an initial methodological framework for the discovery and reuse of business process patterns within the IS development lifecycle. The framework borrows ideas from the domain engineering literature and proposes the use of semantics to drive both the discovery of patterns as well as their reuse

    An institutionalist analysis of foreign investment in Poland: Wroclaw's second great transformation

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    This thesis examines the reintegration of localities in Poland through foreign investment in general and transnational corporations, in particular. The focus of the research is on the relationships and interplay between incoming foreign firms, the corporate strategy of individual companies and the role of institutions and local actors. The region which is the focus of the empirical work is Wroclaw, which is located in the South West of Poland, and regarded as a relatively successful example of transformation. The analytical framework is radical institutionalist in emphasising the socially and politically embedded nature of economic behaviour and the existence of differentiated interests and power. Four dimension of embeddedness, structural, cultural, cognitive and institutional are used to examine how far and in what ways recent changes in the corporate strategy of firms have influenced the nature of firms' quantitative and qualitative linkages in the locality. The main conclusions are that although the multiplier effects through supplier linkages were modest, a process of cumulative causation was evident through the demonstration effect of incoming firms and the stimulation of a range of business services. Ambiguous and embryonic structures of local governance Wroclaw meant that foreign investors were significant contributors to the building of formal institutions. The research findings emphasise the use of enabling myths by foreign investors in attempting to instill a set of values, beliefs and expectations viewed to be congruent with a market economy, in both the locality and the workplace, while displacing or circumventing what were regarded as the inappropriate institutional legacies of the previous regime. The overall conclusion is that there needs to be a radical break with the free market status quo and that change can only come from below in the workplaces and local communities through participatory systems of local governance

    e-Skills: The International dimension and the Impact of Globalisation - Final Report 2014

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    In today’s increasingly knowledge-based economies, new information and communication technologies are a key engine for growth fuelled by the innovative ideas of highly - skilled workers. However, obtaining adequate quantities of employees with the necessary e-skills is a challenge. This is a growing international problem with many countries having an insufficient numbers of workers with the right e-Skills. For example: Australia: “Even though there’s 10,000 jobs a year created in IT, there are only 4500 students studying IT at university, and not all of them graduate” (Talevski and Osman, 2013). Brazil: “Brazil’s ICT sector requires about 78,000 [new] people by 2014. But, according to Brasscom, there are only 33,000 youths studying ICT related courses in the country” (Ammachchi, 2012). Canada: “It is widely acknowledged that it is becoming inc reasingly difficult to recruit for a variety of critical ICT occupations –from entry level to seasoned” (Ticoll and Nordicity, 2012). Europe: It is estimated that there will be an e-skills gap within Europe of up to 900,000 (main forecast scenario) ICT pr actitioners by 2020” (Empirica, 2014). Japan: It is reported that 80% of IT and user companies report an e-skills shortage (IPA, IT HR White Paper, 2013) United States: “Unlike the fiscal cliff where we are still peering over the edge, we careened over the “IT Skills Cliff” some years ago as our economy digitalized, mobilized and further “technologized”, and our IT skilled labour supply failed to keep up” (Miano, 2013)

    Sustainability, Digital Transformation and Fintech: The New Challenges of the Banking Industry

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    In the current competitive scenario, the banking industry must contend with multiple challenges tied to regulations, legacy systems, disruptive models/technologies, new competitors, and a restive customer base, while simultaneously pursuing new strategies for sustainable growth. Banking institutions that can address these emerging challenges and opportunities to effectively balance long-term goals with short-term performance pressures could be aptly rewarded. This book comprises a selection of papers addressing some of these relevant issues concerning the current challenges and opportunities for international banking institutions. Papers in this collection focus on the digital transformation of the banking industry and its effect on sustainability, the emergence of new competitors such as FinTech companies, the role of mobile banking in the industry, the connections between sustainability and financial performance, and other general sustainability and corporate social responsibility (CSR) topics related to the banking industry. The book is a Special Issue of the MDPI journal Sustainability, which has been sponsored by the Santander Financial Institute (SANFI), a Spanish research and training institution created as a collaboration between Santander Bank and the University of Cantabria. SANFI works to identify, develop, support, and promote knowledge, study, talent, and innovation in the financial sector

    European Parliament Preparatory Action: "Actual and desired state of the economic potential in regions outside the Greek capital Athens" Final Report

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    This is the final report of the European Parliament Preparatory Action: "Actual and desired state of the economic potential in regions outside the Greek capital Athens" (hereafter Preparatory Action or PA). It reviews the key activities of this preparatory action, its impacts, the remaining barriers to RIS3 implementation and presents a perspective on the way forward. Providing hands-on support to the refinement and implementation of the RIS3 strategy in the Greek Region of Eastern Macedonia and Thrace (REMTh) has entailed the following activities: • Mutual learning: this has at core element of the preparatory action, and has offered a unique opportunity to all the stakeholders involved to share experiences and build a common understanding of RIS3, its potential and the real challenges to its implementation. • Optimisation of the Entrepreneurial Discovery Process (EDP) – the design, implementation and adaptation of a systematic participatory methodology for the EDP, centred on thematic focus groups. These events enabled the generation and articulation of innovation ideas and initiated the first necessary steps towards concrete projects. • Capacity building - two dedicated working groups were organised: one centred on issues of human resources mobility and one on RIS3 governance. Relevant stakeholders, under the guidance of an expert, discussed and formulated plans on how to tackle the different challenges at stake. • Identification of bottlenecks and systemic failures in RIS3 implementation - the region has good potential for diversification, but faces a wide set of legal and administrative barriers, which need to be addressed to enable the allocation of structural funds and other resources to support RIS3 implementation in an optimal way. • Communication and codification of activities - with the aim of replicating or adapting the activities of the preparatory action and the emerging learning opportunities for other regions, outcomes of all the events have been published on-line, as have methodological guidelines for the EDP process. Furthermore, further publications from these activities are foreseen in the near future. • Supporting tools for internationalisation and collaboration. The preparatory action has developed a set of online resources that aim at guiding the region in increasing its international outlook to RIS3 and its collaboration between research and industry. The Preparatory Action generated some very concrete impacts on the regions, among which the main ones are: • The mobilisation of a critical mass of researchers and business people (600+ people), which actively participated to the EDP focus groups and PDL events. This bottom-up process has increased mutual trust, created a 'momentum' in initiating change and increased the understanding of what RIS3 can contribute to this change. • The appreciation of networking and research-business collaboration across stakeholders and especially between research and business. Indeed, some informal networks have been organised, for instance in the wine and marble sector. • The creation of an action plan for both RIS3 governance and mobility of human resources. • Both the Managing Authority and regional stakeholders have better access to international counterparts, both in governance of RIS3 and in performing research and innovation. • The project has also determined a shift in perception as far as the European Commission is concerned, which is now perceived more as a collaborator. • The PA has stimulated and accelerated a discussion between the EC, regional and national authorities which has help to clarify – for the whole country – several aspects of RIS3 and Structural Funds. • The preparatory action has significantly influenced the way to design and implement the development strategy for the Region by engaging all relevant stakeholders from the outset.JRC.J.2-Knowledge for Growt

    ACUTA Journal of Telecommunications in Higher Education

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    In This Issue Leadership Lessons Learned A Primer for New Managers from Four Who Have Been There Communications Technologies: What Do Presidents Need to Know? The Leadership Challenge Technology Leadership in Tumultuous Times Looking @ Leadership: Perspectives from Outside and lnside lT Leadership Land Mines: 8 Management Catastrophes and How to Avoid Them High Tech and Highly Effective lnstitutional Excellence Award What Kind of Leader Are You? Interview President\u27s Message From the Executive Directo
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