7 research outputs found

    ECOLOGICAL ECONOMICS IN THE AGE OF 4IR: SPOTLIGHT ON SUSTAINABILITY INITIATIVES IN THE GLOBAL SOUTH

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    The study presents an overview of ecological Economics in the Age of 4IR with spotlight on Sustainability Initiatives in the Global South. This study delves into the intersection of ecological economics, the Fourth Industrial Revolution (4IR), and sustainable development initiatives in the Global South. It explores the environmental implications of key 4IR technologies, analyzes economic shifts associated with the digital age, and investigates sustainability initiatives in the Global South. The study highlights successful projects in renewable energy, circular economy practices, and biodiversity conservation, showcasing the region's commitment to ecological and economic sustainability. Challenges and opportunities are discussed, emphasizing the role of inclusive innovation and global cooperation in shaping a future that harmonizes technological advancements with environmental well-being. The study concludes by underscoring the importance of the Global South in influencing a sustainable trajectory in the age of the 4IR. Keywords:  Ecological; Economics; 4IR; Sustainability; Global South

    ENTREPRENEURIAL STRATEGIES FOR AI STARTUPS: NAVIGATING MARKET AND INVESTMENT CHALLENGES

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    This paper delves into the dynamic and evolving world of AI startups, examining the unique challenges and opportunities they face in the current market and investment landscape. The study's primary aim is to dissect the intersection of entrepreneurship and artificial intelligence, offering a nuanced understanding of how AI startups evolve, adapt, and succeed in a rapidly changing environment. The scope of the paper encompasses a thorough exploration of the AI startup ecosystem, focusing on strategic planning, market dynamics, and investment realities. It provides an in-depth analysis of the evolution of AI startups, from their inception to current trends, and investigates the impact of strategic alliances, regulatory challenges, and ethical considerations on these burgeoning enterprises. The methodology employed is a comprehensive literature review, synthesizing insights from various academic sources to construct a well-rounded view of the AI startup landscape. Key findings reveal that AI startups must navigate a complex array of challenges, including rapidly evolving technology, competitive market dynamics, and a shifting regulatory landscape. The study highlights the importance of innovative business models, strategic partnerships, and a keen understanding of regulatory and ethical issues in driving the success of AI startups. Conclusively, the paper recommends that AI startups adopt agile, innovative strategies, balancing technological advancement with ethical and regulatory compliance. It underscores the need for continuous adaptation and strategic foresight in the face of technological and market changes. This study serves as a valuable resource for entrepreneurs, investors, and policymakers in the AI domain, offering insights and guidance for navigating the multifaceted challenges of AI entrepreneurship. Keywords: AI Startups, Market Dynamics, Investment Challenges, Strategic Planning, Technological Innovation

    EVALUATING THE EFFICACY OF TECHNOLOGY INCUBATION CENTRES IN FOSTERING ENTREPRENEURSHIP: CASE STUDIES FROM THE GLOBAL SOUT

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    This study conducts a comprehensive evaluation of the effectiveness of Technology Incubation Centres (TICs) in nurturing entrepreneurship, focusing on case studies from diverse regions of the Global South. With the growing emphasis on innovation and technology-driven economic development, TICs have emerged as vital entities in fostering entrepreneurial ecosystems. The research employs a mixed-methods approach, combining quantitative analysis and qualitative case studies. The quantitative aspect involves assessing key performance indicators, including startup success rates, job creation, and financial sustainability of TICs. Qualitative investigations delve into the nuanced experiences of entrepreneurs, exploring the support mechanisms provided by TICs, challenges faced, and the overall impact on their ventures. The case studies span various contexts within the Global South, encompassing regions with differing economic, social, and cultural landscapes. By examining TICs in diverse settings, the study aims to draw insights into the contextual factors influencing the efficacy of incubation programs and their relevance in different entrepreneurial ecosystems. Preliminary findings suggest a correlation between the success of TICs and factors such as effective mentorship, access to funding, and collaborative networks. However, challenges such as resource constraints, regulatory hurdles, and variations in local market dynamics pose significant barriers to the optimal functioning of TICs. The study contributes to the existing literature by offering a nuanced understanding of the role and impact of TICs in the Global South. Findings will inform policymakers, entrepreneurs, and stakeholders about the specific contextual considerations that influence the efficacy of TICs, ultimately aiding in the refinement of strategies to enhance entrepreneurship and innovation in emerging economies. As the Global South increasingly positions itself as a hub for technological innovation, this research provides timely insights into the evolving landscape of entrepreneurial support structures, offering practical implications for the future development of TICs and fostering a conducive environment for sustained entrepreneurial growth. Keywords: Technology Incubation Centres, Entrepreneurship, Global South, Case Studies, Innovation, Economic Development

    REVIEWING THIRD-PARTY RISK MANAGEMENT: BEST PRACTICES IN ACCOUNTING AND CYBERSECURITY FOR SUPERANNUATION ORGANIZATIONS

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    This paper conducts a comprehensive review of third-party risk management practices tailored to the unique context of superannuation organizations, with a specific focus on accounting and cybersecurity domains. Recognizing the critical role of third-party relationships in the operational landscape of superannuation entities, the review explores best practices aimed at mitigating risks associated with outsourcing accounting functions and fortifying cybersecurity defenses. In the accounting realm, the paper delves into the challenges and opportunities posed by third-party engagements, emphasizing the importance of thorough due diligence, contractual clarity, and continuous monitoring. Drawing insights from industry cases and proven methodologies, the review outlines strategies to enhance transparency, accountability, and compliance when outsourcing accounting services. Simultaneously, the paper addresses the burgeoning cybersecurity risks faced by superannuation organizations in an increasingly digital landscape. It investigates the role of third-party vendors in introducing potential vulnerabilities and advocates for a proactive approach to cybersecurity risk management. The review scrutinizes best practices in vetting, monitoring, and collaborating with third-party vendors to fortify cybersecurity protocols, emphasizing the need for alignment with regulatory standards. Ultimately, the paper provides superannuation organizations with a comprehensive guide to navigating the intricate terrain of third-party risk management. By synthesizing insights from accounting and cybersecurity perspectives, the review equips organizations with actionable strategies to cultivate resilience, safeguard member interests, and contribute to the long-term stability of the financial sector. Keywords:  Third-Party, Risk Management, Superannuation, Cybersecurity, Accountin

    CYBERSECURITY AWARENESS AND EDUCATION PROGRAMS: A REVIEW OF EMPLOYEE ENGAGEMENT AND ACCOUNTABILITY

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    As organizations continue to grapple with the escalating threat landscape of cyber-attacks, the imperative to fortify their cybersecurity defenses becomes increasingly paramount. This review delves into the critical realm of cybersecurity awareness and education programs, focusing on the pivotal factors of employee engagement and accountability. The effectiveness of these programs in cultivating a cyber-resilient workforce is scrutinized through an extensive examination of existing literature, empirical studies, and industry practices. The review begins by exploring the foundational elements of cybersecurity awareness programs, elucidating the significance of imparting knowledge and instilling a culture of vigilance among employees. It examines the diverse methodologies employed in these programs, ranging from interactive workshops and simulated phishing exercises to online modules and gamified learning platforms. A comparative analysis of these approaches sheds light on their respective strengths and limitations. A central theme of this review revolves around the nexus between employee engagement and cybersecurity resilience. It delves into the psychological and behavioral aspects of engagement, assessing how motivational factors and tailored learning experiences contribute to heightened cybersecurity awareness. The impact of organizational culture and leadership support on fostering a sense of responsibility among employees is also explored, emphasizing the need for a holistic approach that transcends mere compliance. Furthermore, the review investigates the role of accountability in sustaining the efficacy of cybersecurity initiatives. It examines the mechanisms employed by organizations to enforce adherence to security policies and protocols, emphasizing the role of robust monitoring systems, clear communication channels, and consequence management. Case studies and real-world examples are integrated to illustrate instances of successful accountability frameworks and their influence on overall cybersecurity posture. This review synthesizes key findings and identifies emerging trends in cybersecurity awareness and education programs, with a particular focus on optimizing employee engagement and fostering a culture of accountability. The insights gleaned from this analysis provide a roadmap for organizations seeking to fortify their defenses against evolving cyber threats by cultivating a vigilant and proactive workforce. Keywords: Cybersecurity, Education, Cyber threat, Employee engagement, Accountability

    REVIEW OF CYBERSECURITY STRATEGIES IN PROTECTING NATIONAL INFRASTRUCTURE: PERSPECTIVES FROM THE USA

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    This review analyses cybersecurity methods in the USA, focusing on protecting national infrastructure, with lessons and implications for global cybersecurity practices. In an era dominated by digital interconnectedness, the protection of national infrastructure from cyber threats is of paramount importance. This paper provides a comprehensive review of cybersecurity strategies employed by the United States to safeguard critical national infrastructure. As the nation's reliance on technology continues to grow, so does the complexity and sophistication of cyber threats. The paper examines key frameworks, policies, and initiatives implemented by the USA to fortify its critical infrastructure against cyber-attacks. It outlines the current threat landscape, the evolving nature of cyber threats and the potential consequences of successful attacks on critical sectors such as energy, transportation, and finance. It also analyzes the strategic approaches adopted by the USA, including the National Infrastructure Protection Plan (NIPP), the National Institute of Standards and Technology (NIST) Cybersecurity Framework, and collaborative efforts between the public and private sectors. The paper explores the role of government agencies, regulatory bodies, and private enterprises in implementing and enforcing cybersecurity measures. It assesses the effectiveness of information sharing initiatives, public-private partnerships, and international collaborations in enhancing the resilience of national infrastructure against cyber threats. Furthermore, the review addresses emerging technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) in the context of cybersecurity. It evaluates how these technologies are leveraged to detect, prevent, and respond to cyber threats in real-time, considering both their benefits and potential risks. Ethical considerations, privacy concerns, and challenges associated with the implementation of robust cybersecurity strategies are also discussed. The paper concludes with insights into the evolving nature of cyber threats and recommendations for continuous improvement in national cybersecurity strategies, emphasizing the need for agility, adaptability, and collaboration to stay ahead of an ever-changing threat landscape. This study contributes to the broader understanding of cybersecurity practices, offering insights that are not only relevant to the USA but also applicable to other nations facing similar challenges in safeguarding their critical infrastructure in an increasingly interconnected and digital world. Keywords: Cybersecurity, Strategies, Protecting, National Infrastructure, USA, NIST, Artificial Intelligence

    MASTERING COMPLIANCE: A COMPREHENSIVE REVIEW OF REGULATORY FRAMEWORKS IN ACCOUNTING AND CYBERSECURITY

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    In the rapidly evolving landscape of business and technology, the intersection of accounting and cybersecurity has become a focal point for organizations striving to maintain integrity, security, and regulatory adherence. This paper presents a meticulous examination of regulatory frameworks governing both accounting and cybersecurity domains. The study aims to provide a comprehensive understanding of the intricate compliance landscape, offering valuable insights for practitioners, policymakers, and scholars. The investigation unfolds through a dual lens, meticulously dissecting the regulatory intricacies surrounding financial reporting in accounting and the safeguarding of digital assets in cybersecurity. A critical analysis of prominent global regulatory bodies, such as the Financial Accounting Standards Board (FASB), the International Financial Reporting Standards (IFRS), and cybersecurity standards like ISO 27001 and NIST Cybersecurity Framework, forms the cornerstone of this research. The paper delves into the historical evolution of accounting and cybersecurity regulations, identifying key milestones and paradigm shifts that have shaped the current regulatory environment. It explores the synergies and dissonances between these two critical domains, shedding light on how compliance efforts in one area may impact the other. Furthermore, the study investigates the challenges and opportunities presented by emerging technologies such as blockchain, artificial intelligence, and cloud computing in the context of regulatory compliance. By examining real-world case studies and industry best practices, this thesis provides practical insights for organizations seeking to navigate the complex terrain of compliance in an era of digital transformation. The paper offers a holistic and forward-looking perspective on the regulatory frameworks governing accounting and cybersecurity. Through its comprehensive analysis, the thesis aims to equip professionals and academics with the knowledge and tools necessary to navigate the intricate regulatory landscape, fostering a proactive and adaptive approach to compliance in the dynamic business environment. Keywords: Regulatory Frameworks, Accounting, Cybersecurity, Cloud Computing, Blockchai
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