Facing The Challenge of Industrial Revolution 4.0 By Taking a Preliminary Phase Concerning With Management Issues

For this book, we particularly highlight the issue of collaborative innovation in the era of Industrial Revolution 4.0: Accounting and Finance Review. The book is resulted from The International Seminar on Business, Economics, Social Sciences and Technology (ISBEST) 2018 hosted by The Faculty of Economics Universitas Terbuka. The theme is an adaptation of the technology disruption that has shifted as a result of the Industrial Revolution 4.0. The era is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres, which then affects almost every industry globally. The disruption heralds a transformation of the entire systems of production, management, and governance, hence, forcing the economic society to reexamine the way they do business that leads up to continuous innovations. Disruptive innovation refers to an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leaders. Across all industries, there is clear evidence that technologies that underpin Industry 4.0 have a major impact on businesses, customer expectations, product enhancement, and collaborative innovations. In other words, it is all about how new technologies are transforming products and services and increase their value. Based on these reasons, this book aims to share ideas in the area of management business, particularly on how facing the challenge of industrial revolution 4.0 in the economic society could be strengthened to sustain the competitive advantage in the era of the Industrial Revolution 4.0. Through this book, we would like to encourage collaborative innovation in the area of management business

A Finance Model for the Built Cultural Heritage - Proposals for improvements of future Heritage Economics

Abstract The new role of built cultural heritage, as an economic asset for development strategies and the widened definition of built heritage as a concept-, explains today’s affluence of sites. These can only be guaranteed with sufficient heritage funding. Financers’ inducement to fund cultural heritage depends on that heritage’s current value estimation and only highly revered sites qualify for support. Case studies imply that values are incessantly present in heritage and so these can be re-established when the right external conditions, or actions, arise. The assessment i.e. reflects the human perception of values projected onto buildings and not the physical characteristics of the heritage itself. This is way it is possible to modify finance incentive conditions. Finance models are needed but prototypes of such finance models are lacking. This inquiry aspires to supplement the findings of Cultural Economics, but from the viewpoint of actual building conservation practice. The aim of this doctoral thesis is to investigate the prospects of securing the successful future of built heritage by proposing a value stabilizing finance model, based on; the acquiring, the economizing and the assuring of heritage funding. The strategy of this inquiry involves five steps. Accelerators proved to determine all aspects of the heritage finance model, since these accelerators stabilize the values of built heritage sites by revealing the payback capacity of financial commitments to that heritage. Heritage funding in Sweden has stagnated due to weak emotional and financial accelerators, which means built heritage is at risk of falling into decay. The suggested contribution of this inquiry is the exploratory analysis of the mechanisms behind heritage funding including its accelerators, hence introducing new terminology into building conservation instigated by the idiom of economics, which could ease future strategic planning of heritage funding

International Academic Symposium of Social Science 2022

This conference proceedings gathers work and research presented at the International Academic Symposium of Social Science 2022 (IASSC2022) held on July 3, 2022, in Kota Bharu, Kelantan, Malaysia. The conference was jointly organized by the Faculty of Information Management of Universiti Teknologi MARA Kelantan Branch, Malaysia; University of Malaya, Malaysia; Universitas Pembangunan Nasional Veteran Jakarta, Indonesia; Universitas Ngudi Waluyo, Indonesia; Camarines Sur Polytechnic Colleges, Philippines; and UCSI University, Malaysia. Featuring experienced keynote speakers from Malaysia, Australia, and England, this proceeding provides an opportunity for researchers, postgraduate students, and industry practitioners to gain knowledge and understanding of advanced topics concerning digital transformations in the perspective of the social sciences and information systems, focusing on issues, challenges, impacts, and theoretical foundations. This conference proceedings will assist in shaping the future of the academy and industry by compiling state-of-the-art works and future trends in the digital transformation of the social sciences and the field of information systems. It is also considered an interactive platform that enables academicians, practitioners and students from various institutions and industries to collaborate

The impact of market orientation on research-based spin off performance: emerging issues from an exploratory study

The paper addresses the relationship between Market Orientation (MO) and Research based spin offs' business performance, using a sample of 90 Italian RBSOs present in the Netval (Italian association for the valorisation of results from public research) database. The findings of the study may be useful for researchers and academics, advancing knowledge on Research based spin-offs (RBSOs) and the impact of MO on their performance, but also professionals from new high tech ventures and technology transfer offices may use these results to plan and design market-focused actions and support activities that will lead to improved business performance.The results could in fact indicate to entrepreneurs (or the entrepreneurial team) of this kind of firms which dimensions of MO deserve more attention in order to obtain a higher business performance

Ghana’s Deposit Protection Act: Are Depositors Protected?

A Deposit Protection or Insurance as the name suggests is intended to provide a sustainable funding to reimburse depositors should an insured act(s) be triggered. Over time, it helps build confidence in the financial ecosystem thereby facilitating a strong and robust financial system. Ghana enacted a Deposit Protection Act in 2016 (the “Act”) and added some new sections in 2018 aimed at protecting small depositors, and create faith and stability in the financial system. However, the Act in its present form can neither protect small depositors nor build any faith and stability in the financial system in Ghana. It is not suggested that a deposit insurance alone can create a stable financial system but the part envisaged by the Deposit Protection Act in creating a stable financial system is seriously undermined by sections in the Act itself. Keywords: Deposit Protection Act, Ghana DOI: 10.7176/JLPG/105-06 Publication date: January 31st 202

Fake news diffusion on digital channels: An analysis of attack strategies, responsibilities, and corporate responses

In recent years, the phenomenon of fake news has aroused a growing interest in the academic debate because of its capability to easily spread among digital channels, such as social media platforms, and reach and deceive an increasingly large target of digital users. In this scenario, fake news threatens the credibility of organizations, their products and services, the trust relationship between organizations and consumers, as well as the organizations internal community. Nowadays, organizations are subject to the risk of losing the control of their corporate communication strategies due to phenomena such as the spread of fake news. Hence, although in academic literature there is a growing interest about the impact of fake news, scholars agree that more research is needed to provide a better understanding of the fake news phenomenon. Indeed, hereto no study has focused on how fake news attacks the corporate reputation with reference to the different phases of the fake news life cycle. The aim of this PhD thesis is threefold: (1) to investigate how fake news, during its life cycle, attacks corporate reputation; (2) to identify the key actors involved in the stemming process of fake news and their role; (3) to identify the more effective response strategies of organizations threatened by fake news. To achieve the aim of this exploratory research, a mixed-method approach was adopted. In particular, a qualitative content analysis was conducted on a database of 454 fake news headlines; four longitudinal case studies were analyzed; a survey on a sample of Italian citizens was conducted to investigate their perception and the more effective response strategies of the organizations attacked by fake news. Findings of this research identify two types of borrowed credibility on which fake news leverages and two thematic clusters that characterize them. By crossing these dimensions, four different ideal types of fake news attack strategies emerged. Moreover, the results of this research highlight the weakness of the role of fact checkers, which are unable to access the filter bubbles in which fake news rapidly spreads – fact checkers and fake news branch out on two parallel channels, without crossing each other, and reaching different targets, by representing an ethical challenge for digital platforms such as social media. Finally, the findings of the survey show that it is a widespread and prevailing opinion between Italians that openness and transparency should be the key values of the response strategies. As a matter of fact, the clear answer from the survey respondents is that the best response strategy for the organization attacked by fake news is to be available in providing timely information

Strategic Steps Towards The Open University Graduates Development Of The Competitiveness Of A Solution To Face Industrial Revolution 4.0 Era

Demanding needs of today's workforce and the future has begun to see the changes as a result of the industrial revolution to four (i4.0). The industrial revolution to 4 have the characteristics that blend technology with society and the human body, robotics, quantum computing, biotechnology, 3D printing, vehicle automation, internet, virtual and physical systems cooperate globally. Currently, UT intensify the use of information technology (IT) to improve the academic quality of support services mainly in the study and evaluation of learning outcomes. It also carried out an increase in the accessibility of students to UT teaching materials online through a digital library and ebookstore. Therefore, in 2008, UT to improve service by offering face-to-face tutorials, online tutorials, e-book store to all students and provide free catalogs to all students who register with an online exam at UPBJJ-UT. From UT diverse range of services and has been based IT are expected to be directly proportional to the competitiveness that has been generated mainly located in this i4.0 era, but in fact the competitiveness of some of the alumni still not optimally adapted to the development of science and technology, especially alumni UPBJJ corners. These challenges must be anticipated quickly is by taking a strategic step towards the construction of an open university graduates competitiveness, namely: 1. Revise the curriculum to understand the needs of people in the digital era, 2. Stay focused on innovation in teaching and learning, 3. Keywords: strategic, competitiveness, industrial revolutio

The role of skepticism in green consumer behaviour

Lo scetticismo dei consumatori nei confronti delle aziende è in aumento. Tuttavia, non si dispone di studi sufficienti sui determinanti e le conseguenze di questo fenomeno sui prodotti bio/green. Al fine di colmare parzialmente questa lacuna, ci proponiamo di studiare il ruolo dello scetticismo nel comportamento del “consumatore verde”, articolando il lavoro in tre saggi che attingono a diverse discipline, quali la ricerca sul comportamento economico dei consumatori, la psicologia e la filosofia. Il primo saggio ha indagato la relazione tra lo scetticismo green e il comportamento d'acquisto di cosmetici biologici, sulla base della teoria dell'atteggiamento comportamento-contesto (ABC). Più specificamente, esso ha indagato il ruolo della preoccupazione ambientale e della conoscenza come mediatore, nel contesto dei cosmetici biologici. Utilizzando i dati di 736, 720 e 715 consumatori rispettivamente in Tunisia, Italia e Francia, gli autori hanno condotto un confronto tra paesi, adottando l'approccio del modello di equazioni strutturali. I risultati hanno rivelato che lo scetticismo verde è un forte inibitore verso l'adozione di prodotti cosmetici biologici tra i consumatori nei tre paesi. D'altra parte, i risultati hanno rivelato che la conoscenza ambientale e la preoccupazione per l'ambiente mediano completamente il rapporto tra lo scetticismo verde e il comportamento di acquisto biologico. I risultati ottenuti forniscono informazioni utili per imprese, decisori politici e professionisti del marketing nel comprendere i fenommeni di resistenza all’adozione di cosmetici bio, e nell’elaborare strategie per superare tale scetticismo nei diversi segnemti di consumatori. Il secondo saggio mira a fornire una migliore comprensione dell'effetto psicologico dello scetticismo sul comportamento di consumo verde. In particolare, esamina se lo scetticismo verde moderi la relazione tra “spiritualità, efficacia del consumatore percepita, valore percepito verde, valore emotivo, influenza percepita sul mercato” e comportamento di consumo verde. L'analisi viene eseguita con riferimento a tre regioni mediterranee (NItalia=929, NFrancia=931 e NTunisia=934) utilizzando l'approccio del modello di equazioni strutturali. I risultati rivelano che la spiritualità, l'efficacia percepita del consumatore, il valore emotivo e l'influenza percepita sul mercato hanno un'influenza positiva sul comportamento di consumo verde in entrambi i tre paesi, mentre il valore percepito verde ha un'influenza positiva sul comportamento di consumo verde solo in Italia e Tunisia. Inoltre, lo scetticismo verde ha un effetto dannoso sul comportamento di consumo verde diminuendo l'effetto dei fattori psicologici. Lo studio promuove il comportamento responsabile verso l’ambiente e informa i responsabili politici, i venditori e i produttori sull'importanza relativa dei determinanti psicologici nel contesto del comportamento di consumo verde dei consumatori. Il terzo saggio affronta anch’esso il tema dello scetticismo verso i prodotti biologici, analizzandone il ruolo nello spiegare il divario o discrepanza tra gli atteggiamenti in gran parte positivi nei confronti del cibo biologico espressi da consumatori e le loro effettive scelte. A tal fine è stata studiata l'influenza di fattori quali la preoccupazione per la sicurezza alimentare, la consapevolezza della salute, il coinvolgimento nei confronti degli alimenti biologici, e la sensibilità al prezzo del biologico. Dati raccolti da 3008 consumatori con tre diversi background culturali sono stati analizzati utilizzando anche in questo caso il modello SEM (Structural Equations Model). I risultati hanno rivelato che preoccupazioni per la sicurezza, consapevolezza della salute e familiarità per gli alimenti biologici hanno un effetto positivo sulla scelta di alimenti biologici da parte dei consumatori. D’altro canto, la sensibilità al prezzo ha un effetto negativo sulla scelta di alimenti biologici da parte dei consumatori. Per parte sua, lo scetticismo verso l’alimentazione biologica funge perfettamente da mediatore. L'obiettivo finale è quello di fornire nuove prospettive e approfondimenti utili per i professionisti che desiderano valutare la scelta di alimenti biologici dei consumatori e rafforzare la loro valutazione positiva.Consumer skepticism towards companies is on the rise. However, studies on the determinants and the consequences of this phenomenon on organic /green products are lacking. In order to partially fill this gap, we propose to study the role of green skepticism in green consumer behaviour in the form of three essays drawing on the disciplines of consumer research, psychology, and philosophy. The first essay investigated the relationship between green skepticism and the purchasing behaviour of organic cosmetics, based on the attitude-behaviour-context (ABC) theory. More specifically, it investigated the role of environmental concern and knowledge as a mediator, in organic cosmetics background. Using data from 736, 720 and 715 consumers in Tunisia, Italy and France, respectively, the authors conducted a country comparison, adopting the structural equation modeling approach. The results revealed that green skepticism is strong inhibitor towards adoption of organic cosmetic products among consumers in the three countries. On the other hand, findings revealed that environmental knowledge and environmental concern fully mediate the relationship between green skepticism and organic purchasing behaviour. The findings provided deeper insights for business leaders, policy makers and marketers to fully understand consumers’ resistance to organic cosmetic products. Further, they can use it to develop effective strategies to reduce consumers’ skepticism towards organic products, in different market segments. The second essay aimed at providing a better understanding on the psychological effect of skepticism on green consumption behaviour. Particularly, it examines whether green skepticism moderates the relationship between “spirituality, perceived consumer effectiveness, green perceived value, emotional value, perceived marketplace influence “and green consumption behaviour. The analysis is performed with reference to three Mediterranean region (N_Italy=929, N_France=931, and N_Tunisia=934) using structural equation modelling approach. Results reveal that spirituality, perceived consumer effectiveness, emotional value, and perceived marketplace influence have a positive influence on green consumption behaviour in both three countries, while green perceived value has a positive influence on green consumption behaviour only in Italy and Tunisia. Furthermore, green scepticism has a detrimental effect green consumption behaviour by decreasing the effect of psychological factors. The study promotes environmental behaviour and informs policy-makers, marketers, and producers about the relative importance of psychological determinants in the context of consumer’s green consumption behaviour. The third essay demonstrated whether organic food skepticism could partly explain the gap” or discrepancy between the great deal of positive attitudes towards organic food expressed by consumers and their actual choices. The influence of food safety concern, health consciousness, organic food involvement, organic price sensitivity has also been investigated. Data gathered from 3008 consumers with three different cultural backgrounds were analysed using a structural equation modeling approach. Findings revealed that (safety concern, health consciousness, and organic food involvement) have a positive effect on consumers' organic food choice. Organic price sensitivity has a negative effect on consumers' organic food choice. Moreover, organic food skepticism acts perfectly as a mediator. The ultimate goal is to provide fresh perspectives and useful insights for practitioners desiring to assess consumers' organic food choice and elevate their positive evaluation