Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam

Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Poor rural farm households are vulnerable and their livelihood systems are often so fragile and finely-balanced that a small misfortune can destabilize the households for many years. Economic risks, especially loss of livestock, are one of the major reasons for slipping into poverty. Normally, insurance systems could step in here. In developing countries however, insurance markets are usually underdeveloped. Empirical research reveals that raising livestock and selling it in case of a livelihood emergency is a particularly popular risk management strategy. Based on the results of a computer-based Adaptive Conjoint Analysis (ACA) with 155 responding households of different ethnic minority groups in Son La and Bac Kan provinces of Northern Vietnam, this article examines insurance preferences of rural farm households. In general, smallholders are very interested in livestock insurance. The ‘insured animal’ is the most important attribute for all respondents and the buffalo is the highest valued animal. However, the critical issue is how to design the insurance package. It is argued that the provision of adapted livestock insurance could help decreasing household vulnerability by a forward looking risk management strategy. Insurance preferences of smallholders are presented and policy recommendations are given to improve the overall situation of vulnerable households in mountainous Northern Vietnam.Risk management, livestock insurance, adaptive conjoint analysis (ACA), Vietnam, Risk and Uncertainty,

Social capital and rural development: literature review and current state of the art

Social capital has been recently held up as a conceptual framework to build a bridge between the diverse disciplines involved in rural development. However, despite its potential and the impressively rapid take-up of the concept by the community of development professionals, it remains an elusive construct. No definition is yet generally accepted and many definitions are in use. Recently, social capital in the form of social networks has gained much attention in rural development theory and empirical research. But social networks or structural components of social capital are a largely missing dimension in income and poverty analysis. Moreover, most research on social capital assumes that it is a uniform entity. Therefore, the effects of different forms of social capital on household outcome are rarely investigated. The objective of this discussion paper is to make the concept of social capital more tangible for empirical research in the area of rural development and to bring more structure into the conceptual framework of social capital. On the basis of an extensive literature review, this work proposes a lean and clear definition of social capital: Social capital is conceived as networks plus resources, (e.g. credit, information). Moreover, social capital is assumed to be not a homogeneous entity. Hence, it is necessary to distinguish different forms of social capital. For analytical purposes, the separation into so-called bonding and bridging capital seems to be most appealing. These two forms of social capital can be operationalized as function of an agent's so-called weak ties (e.g. acquaintances) and so-called strong ties (e.g. close relatives). -- G E R M A N V E R S I O N: Sozialkapital hat innerhalb der letzten zwei Jahrzehnte als interdisziplinäres Konzept eine enorme Bedeutung sowohl in der Wissenschaft als auch in der praktischen ländlichen Entwicklung erlangt. Trotz eines ‚Booms’ an wissenschaftlichen und nicht wissenschaftlichen Arbeiten bleibt das Konzept wenig greifbar. Bisher konnte sich die wissenschaftliche Gemeinde auf keine allgemeingültige Definition einigen. Sehr unterschiedliche und zum Teil sehr umfassende Definitionen sind in Gebrauch. Neuere Arbeiten tendieren allerdings dazu, Sozialkapital enger zu definieren und Netzwerke in den Vordergrund zu stellen. Nichtsdestotrotz werden strukturelle Komponenten von Sozialkapital oder Netzwerken nur selten in Einkommens- und Armutsanalysen einbezogen. Es wird auch noch oft unterstellt, dass Sozialkapital eine homogene Ressource ist. Deshalb werden dessen unterschiedlichen Ausprägungen noch seltener untersucht. Das Hauptziel dieses Diskussionspapiers ist es, einen geeigneten Ansatz für die empirische Forschung im Bereich ländlicher Entwicklung, basierend auf dem Netzwerkansatz, herauszuarbeiten. Basierend auf einer intensiven Literaturrecherche empfiehlt das Papier eine klare und einfache Definition von Sozialkapital. Sozialkapital wird als Netzwerk plus Ressourcen definiert. Unterschiedliche Formen von Sozialkapital (‚Bonding’ und ‚Bridging’) werden über die Stärke der Beziehung der Netzwerkteilnehmer bestimmt.Social capital,individual social capital,measuring social capital,ego-network,social networks

Media supported communication in agricultural extension and participatory rural development in Northern Thailand

The inhabitants of Northern Thailand, Thais as well as the members of the different ethnic groups, the so-called hill tribes, face a variety of very complex problems that range from natural resources conflicts via human rights issues to health problems. All in all, those issues constitute the initial point of departure for every extension, development and research activity, regardless of whether carried out by governmental, non-governmental organizations and/or other agencies. In order to analyze the current extension situation in Northern Thailand, field research was carried out in collaboration with different governmental and non-governmental organizations. Insights were gained into major areas of operation as well as currently used extension methods and media (especially picture supported communication tools) that are used in extension and rural development work, particularly when the target group is illiterate. Three organizations were observed in more detail and will serve as case studies. The paper presents Methods and Media Used by Different Organizations as well as major Criteria for Using Media in Extension and Development Work. Furthermore, the Application of Criteria for Different Methods and Media will provide the basis for the discussion of major potentials and limitations of currently used media in comparison to the Flannelgraph method, which was chosen as a major methodological tool of reference. In summary, it appears that the extension situation in Northern Thailand is too heterogeneous to identify the one ?right? extension approach. The use of media and the choice of extension methods depend on specific financial, logistic, methodological and cultural criteria as well as further issues, such as infrastructure, target group and the costs of the respective tool. In order to increase the potential and decrease the limitations of the currently used methods, the organizations have to concentrate on a better use of the already existing means as well as the improvement of those factors that are not fully used at the moment

Risk management networks of ethnic minorities in Viet Nam

The utilization of informal social networks is an important risk management strategy of vulnerable households in South-East Asia. To gain insight on this issue, a social network analysis (SNA) was implemented to assess risk management networks of ethnic minority farm households in the northern uplands of Viet Nam. The results from the analysis suggest that kinship relations and the level of wealth play an essential role in enabling basic network services to function. This paper also points out that effective networks require investments to fulfil the requested mutual obligations and that subsequently, social networks among poor farmers are relatively limited. The findings of the analysis show, not surprisingly, that networks cannot completely buffer severe shocks. Consequently, policy measures to reduce the costs of investing in social capital of poor farmers as well as improved access to appropriate social security systems are essential. These findings are applicable to other upland areas of South-East Asia.-

Insurance preferences of smallholders : results from an adaptive conjoint analysis in Northern Vietnam

Livestock plays a pivotal role for smallholder production systems in mountainous Northern Vietnam. Poor rural farm households are vulnerable and their livelihood systems are often so fragile and finely-balanced that a small misfortune can destabilize the households for many years. Economic risks, especially loss of livestock, are one of the major reasons for slipping into poverty. Normally, insurance systems could step in here. In developing countries however, insurance markets are usually underdeveloped. Empirical research reveals that raising livestock and selling it in case of a livelihood emergency is a particularly popular risk management strategy. Based on the results of a computer-based Adaptive Conjoint Analysis (ACA) with 155 responding households of different ethnic minority groups in Son La and Bac Kan provinces of Northern Vietnam, this article examines insurance preferences of rural farm households. In general, smallholders are very interested in livestock insurance. The ?insured animal? is the most important attribute for all respondents and the buffalo is the highest valued animal. However, the critical issue is how to design the insurance package. It is argued that the provision of adapted livestock insurance could help decreasing household vulnerability by a forward looking risk management strategy. Insurance preferences of smallholders are presented and policy recommendations are given to improve the overall situation of vulnerable households in mountainous Northern Vietnam

Analyzing and Extending Research Phenomena in Supply Chain Management to Advance Scientific Impact – An Extensive Bibliometric Analysis

The discipline of Supply Chain Management (SCM) has undergone several disruptions in recent years. In 2021, Wieland wrote a seminal article on transformative SCM and proposed three levels for describing and advancing the discipline. However, the author states their insufficiency and the need for an extension. Therefore, the purpose of this study is to identify the phenomena that affect SCM and to extend the levels. In doing so, we help to identify a research framework and to advance the impact of SCM research. We examined all articles from 1976 to 2022 that contained “supply chain*” in title, abstract, or keywords. A co-occurrence analysis of the publications revealed seven main phenomena to be regarded in the SCM context. Further, we revealed research implications for each cluster and derived additional levels for describing and advancing SCM research. In sum, our findings extend existing research and provide valuable insights into the SCM discipline

Rho AI – Leveraging artificial intelligence to address climate change : financing, implementation and ethics

The case focusses on Rho AI, a data science firm, and its attempt to leverage artificial intelligence to encourage environmental, social and governance investments to limit the impact of climate change. Rho AI’s proposed open-source artificial intelligence tool integrates automated web scraping technology and machine learning with natural language processing. The aim of the tool is to enable investors to evaluate the climate impact of companies and to use this evaluation as a basis for making investments in companies. The case study allows for students to gain an insight into some of the strategic choices that need to be considered when developing an artificial intelligence–based tool. Students will be able to explore the role of ethics in decision-making related to artificial intelligence, while familiarising themselves with key technical terminology and possible business models. The case encourages students to see beyond the technical granularities and to consider the multi-faceted, wider corporate and societal issues and priorities. This case contributes to students recognising that business is not conducted in a vacuum and enhances students’ understanding of the role of business in society during new developments triggered by digital technology

Developing a Process Model for Digital Transformation – Insights from a multiple cross-industry case study

The current volatile business environment has forced companies to undergo a profound digital transformation (DT). In the context of DT, processes, routines and workflows change. As this poses severe challenges to companies, the transforming organizations need a holistic process model that provides guidance during the change. Despite initial research efforts and the frequent challenges in practice, academia still lacks concrete guidelines for companies on how to formulate, implement and evaluate DT strategies. Therefore, the purpose of our study was to design a process model for DT in order to advance our understanding of conducting transformation processes in practice. Based on a multiple cross-industry case study, we developed a concrete process model for supporting DT. The model consists of the five phases of initiating, analyzing, debating, acting and evaluating the change. With the model, we extend the current research and provide guidance for practitioners undertaking DT