4,790 research outputs found

    How Do Information and Communication Technologies Reshape Work? Evidence from the Residential Real Estate Industry

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    We are exploring how information and communication technology (ICT) use affects the work lives of real estate agents, the process of selling/buying houses, and the overall structure of the residential real estate industry. Earlier stages of our work involved intensive field research on how real estate agents use ICT. In this paper, we report on the design and analysis of a pilot survey of 868 agents intended to investigate their ICT use more generally. Analysis of the 153 responses to this survey sheds light on how ICT use supports information control, enables process support, and helps agents to extend and maintain their social capital

    Investigating the Interplay between Structure and Information and Communications Technology in the Real Estate Industry

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    Information and communication technologies (ICTs) are reshaping many industries, often by reshaping how information is shared. Information intensive industries, by their nature, show the greatest impacts due to ICTs that enable information sharing and the bypassing of traditional information intermediaries. However, while the effects and uses of ICT are often associated with organizations (and industries), their use occurs at the individual level. In other words, it is changes to individual work related to the use of ICTs that reshape both organization and industry structures, and vice versa. To explore the relationships between individual uses of ICT and changes to organization and industry structures, we examined the residential real estate industry. Real estate is a revelatory industry for the study of ICT uses because it is information-intensive and realtors are information intermediaries between buyers and sellers. As agents, buyers and sellers increase their uses of ICT, they also change how they approach their daily work. We use structuration theory to provide an analytic perspective within this setting. Data reveal historical structures of this industry guiding the day-to-day work of agents, buyers and sellers. Many of these structures are embodied in a set of explicit contracts that reify existing structures and legitimize realtors’ actions. However, the increasing uses of ICT are simultaneously altering industry structures by subverting some of the realtors’ control over information while also reinforcing the existing contract-based structures. This structurational perspective and our findings help to explain why information intermediaries persist when technology-based perspectives would suggest their disappearance

    The Rise of Innovation Districts: A New Geography of Innovation in America

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    As the United States slowly emerges from the great recession, a remarkable shify is occurring in the spatial geogrpahy of innovation. For the past 50 years, the landscape of innovation has been dominated by places like Silicon Valley - suburban corridors of spatially isolated corporate campuses, accessible only by car, with little emphasis on the quality of life or on integrating work, housing, and recreation. A new complementary urban model is now emerging, giving rise to what we and others are calling "innovation districts." These districts, by our definition, are geographic areas where leading-edge anchor institutions and companies cluster and connect with start-ups, business incubators, and accelerators. They are also physically compact, transit-accessible, and technicall

    Digital real estate: a review of the technologies and tools transforming the industry and society

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    © 2023 The Author(s); Shantou University. This is an open access article distributed under the terms of the Creative Commons Attribution License (CC BY), https://creativecommons.org/licenses/by/4.0/Real estate plays a crucial role in driving national economies. However, the process of transferring properties and engaging with various stakeholders can be hindered by a lack of adequate information, complex procedures, and excessive paperwork. The advent of digital real estate has revolutionized the industry and how stakeholders interact. The present study aims to conduct a bibliometric and systematic review of digital real estate, utilizing historical, institutional, country, and keyword analyses for the bibliometric review and Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) guidelines for the systematic review. Through thematic analysis, the study identified four key themes for transforming digital real estate: information communication technologies, data collection technologies, data networking tools, and digital decision-making systems. Additionally, the study proposes a digital real estate transformation framework that can assist stakeholders, urban planners, and decision-makers in embracing digital tools and technologies. The study concludes that digital real estate has the potential to revolutionize future urban planning and real estate development through the use of decision support systems and advanced technologies.Peer reviewe

    Relationship between the Service Sector and Economic Growth: Evidence from China

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    The rapid economic growth of China during the last four decades has reshaped the political and economic arena around the world. Under the leadership of Deng Xiaoping, China has realized sets of reforms towards modernization and opening the economy since 1978 and these reforms have helped China to become an economic giant. China’s economy is still growing today and a distinct growth pattern together with a complex economic system and the society of China draw interest from all over the world to research and understand what factors trigger such fast growth rates. In this study, the relationship between economic growth and two subsectors of the service sector, namely real estate and hotel & catering in China, is analyzed. The study uses quantitative methodology and time-series data acquired from secondary sources. The Autoregressive Distributed Lag Method (ARDL) in E-views 10 statistical software is utilized to analyze the data. The findings of the data analysis reveal that both sub sectors have a significant and positive impact on economic growth of China in both the long run and short run. The findings can be generalized and referred to the entire service sector and it can also be claimed that a positive relationship exists between the service sector and economic growth in China

    Productive and cognitive innovation strategy:African framework design

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    Since the mid 1900’s, economist have come to recognize the role of innovative activity in firms productivity growth, particularly in the competitive market economies. However, the most conducive market environment for innovative activity has also become a subject of interest. Thus, a major constraint on industrial dynamism in African countries is said to be the dearth of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which the government supports the innovators by providing appropriate financial measures; removing regulatory, institutional (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and industrial sites in Africa.innovation policy; Africa; Nigeria; investment; productivity; science parks; business clusters; economic zones; inventions; free trade zones; cognitive revolution, industrial revolution; infrastructures; technology; research and development; venture capital
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