Big Data, Small Credit: The Digital Revolution and Its Impact on Emerging Market Consumers

This research report sheds light on a new cadre of technology companies who are disrupting the credit scoring business in emerging markets. Using non-financial data -- such as social media activity and mobile phone usage patterns -- complex algorithms and big data analytics are forever changing the economics of how we identify, score, and underwrite credit to consumers who have been invisible to lenders until now

Multidisciplinary perspectives on Artificial Intelligence and the law

This open access book presents an interdisciplinary, multi-authored, edited collection of chapters on Artificial Intelligence (‘AI’) and the Law. AI technology has come to play a central role in the modern data economy. Through a combination of increased computing power, the growing availability of data and the advancement of algorithms, AI has now become an umbrella term for some of the most transformational technological breakthroughs of this age. The importance of AI stems from both the opportunities that it offers and the challenges that it entails. While AI applications hold the promise of economic growth and efficiency gains, they also create significant risks and uncertainty. The potential and perils of AI have thus come to dominate modern discussions of technology and ethics – and although AI was initially allowed to largely develop without guidelines or rules, few would deny that the law is set to play a fundamental role in shaping the future of AI. As the debate over AI is far from over, the need for rigorous analysis has never been greater. This book thus brings together contributors from different fields and backgrounds to explore how the law might provide answers to some of the most pressing questions raised by AI. An outcome of the Católica Research Centre for the Future of Law and its interdisciplinary working group on Law and Artificial Intelligence, it includes contributions by leading scholars in the fields of technology, ethics and the law.info:eu-repo/semantics/publishedVersio

Does hospital competition harm equity? Evidence from the English National Health Service

Working Pape

The economics of accreditation

This paper is a report on a research project on the economics of accreditation in the UK. The main motivation and objective for the study is to have available a detailed analysis of how the accreditation system impinges on important aspects of economic life, such as innovation and business and economic performance. It aims to improve the general understanding of the benefits of using accredited conformity assessment and to help businesses make informed decisions when procuring conformity assessment and related services. It is also intended to be helpful to government by supporting evidence-based policy making in relation to accreditation and conformity assessmen

The business opportunities of implementing wearable based products in the health and life insurance industries

The ability to collect biometric data continuously was recently enabled by the development and massification of wearable technologies - computers that are incorporated into items of clothing and accessories which can be worn on the body - unlocking huge opportunities for health and life insurers. Although a great deal of research has been done regarding the technical aspects of these devices, very few works explore the business and managerial implications of implementing wearables into insurance products. Through the combination of secondary data and in-depth expert interviews, this work analyses the impact of wearables and wearable data in the insurance value chain, identifying the main opportunities and challenges to leverage such a technology. This research concludes that in spite of the current narrow use of wearable devices as engagement tools in insurance wellness programs designed to drive user loyalty, this technology has the potential to accelerate the underwriting process, support preventive care, expand the customer base, enable dynamic pricing and enhance the customer experience as part of a connected health ecosystem. Customer adoption, data privacy and legislation are some of the main obstacles for insurers to leverage this technology, on top of the necessary IT infrastructure and data management capabilities which insurers are acquiring mainly through partnerships with innovative players. By implementing wearables technologies, health and life insurers may benefit from reductions in operational costs, new revenue streams and ultimately gains in competitive advantage.A recolha contínua de dados biométricos foi recentemente possibilitada pelo desenvolvimento e massificação dos wearables – computadores incorporados na roupa e acessórios que podem ser vestidos – que representam uma grande oportunidade para as seguradoras de vida e saúde. Apesar de já existir bastante pesquisa sobre os aspetos técnicos destes dispositivos, o mesmo não se verifica ao nível do negócio e da gestão, na implementação de wearables na indústria seguradora. Através da combinação de dados secundários e entrevistas a experts da indústria, este trabalho analisa o impacto dos wearables na cadeia de valor das seguradoras, identificando as principais oportunidades e desafios da sua implementação. A pesquisa conclui que apesar da atual aplicação dos wearables ser limitada, visto que são utilizados como pontos de contacto com o consumidor em programas de bem-estar promovidos pelas seguradoras para reforçar a lealdade à marca, esta tecnologia tem o potencial para acelerar a subscrição de seguros, promover ações de cuidado preventivo de saúde, expandir a base de clientes, possibilitar a prática de preços dinâmicos e melhorar a experiência do consumidor integrados num ecossistema conectado de saúde. A adoção, a privacidade de dados e a legislação são alguns dos principais obstáculos aquando da implementação destes dispositivos, a par da infraestrutura de TI e capacidades de gestão de dados que as seguradoras têm adquirido maioritariamente via parcerias com novas empresas. A implementação dos wearables pode assim contribuir para a redução de custos operacionais, criação de novas fontes de receita e ganhos de vantagem competitiva para as seguradoras

Intellectual Property Management in Health and Agricultural Innovation: Executive Guide

Prepared by and for policy-makers, leaders of public sector research establishments, technology transfer professionals, licensing executives, and scientists, this online resource offers up-to-date information and strategies for utilizing the power of both intellectual property and the public domain. Emphasis is placed on advancing innovation in health and agriculture, though many of the principles outlined here are broadly applicable across technology fields. Eschewing ideological debates and general proclamations, the authors always keep their eye on the practical side of IP management. The site is based on a comprehensive Handbook and Executive Guide that provide substantive discussions and analysis of the opportunities awaiting anyone in the field who wants to put intellectual property to work. This multi-volume work contains 153 chapters on a full range of IP topics and over 50 case studies, composed by over 200 authors from North, South, East, and West. If you are a policymaker, a senior administrator, a technology transfer manager, or a scientist, we invite you to use the companion site guide available at http://www.iphandbook.org/index.html The site guide distills the key points of each IP topic covered by the Handbook into simple language and places it in the context of evolving best practices specific to your professional role within the overall picture of IP management

Commonwealth Fund - 2008 Annual Report

Contains mission statement, president's message, executive vice president-COO's report, program highlights, grants list, treasurer's report, financial statements, project summaries, and lists of board members and staff

Charterism and charterization within health services : a public choice analysis of the implementation of patients' charters in England and Hong Kong

Patients' charters have been incorporated in health services systems among various countries including the United Kingdom and Hong Kong. By means of a comparative case study, this research looked at the implementation of patients' charters in the National Health Service in England and the Hospital Authority in Hong Kong from the perspectives of staff at different levels as well as patients' groups and their representative bodies. Points of convergence and different approaches have been illustrated in both locations from their experiences in implementing the charter. Together with the positive and negative impacts learned, it is argued that current knowledge about 'Charterism' is limited to the UK context and this should be interpreted within the international arena as shown from a bundle of tenets and principles of the Hong Kong experience. By means of analyzing the case study, the utility of Pubic Choice Theory is demonstrated in understanding the self-interest behaviours among the actors involved in patient's charter in both locations. It is also argued that patients' charters can be effective Public Choice remedy tools to shift provider-led health services into consumer-led health services