|
on Payment Systems and Financial Technology |
| By: | Vincent Bignon; Guillaume Vuillemey |
| Abstract: | We provide the first detailed empirical analysis of the failure of a derivatives clearinghouse: the Caisse de Liquidation, which defaulted in Paris in 1974. Using archival data, we find three main causes of the failure: (i) a weak pool of investors, (ii) the inability to contain the growth of a large member position, and (iii) risk-shifting decisions by the clearinghouse. Risk-shifting incentives aligned the clearinghouse’s interests with those of the defaulting member, induced delays in the liquidation of the defaulted position, and led private renegotiation attempts to fail. Our results have implications for the design of clearing institutions. |
| Keywords: | Derivatives, central clearing, central counterparties. |
| JEL: | G23 G28 N24 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:bfr:banfra:638&r=pay |
| By: | Nufer, Gerd |
| Abstract: | Die Video-Plattform Youtube ist eine der meistbesuchten Webseiten weltweit. Youtube-Stars erreichen mit ihren Videos große Zuschauergruppen und können als Multiplikatoren für Werbebotschaften dienen. Sie sind oftmals Meinungsführer, denen hohes Vertrauen entgegengebracht wird, weshalb sie sich sehr gut für Influencer-Marketing eignen. Marketing mit Youtube ermöglicht eine offene, mehrwegige, schnelle und kostengünstige Kommunikation mit Kunden, insbesondere jüngeren. Unternehmen können sich dies zu Nutze machen, indem sie Youtube nicht nur als Plattform für klassische Werbespots, sondern auch für Produktplatzierungen, Videosponsoring oder Branded Entertainment in Zusammenarbeit mit Youtubern verwenden. Im Rahmen dieser Arbeit werden zunächst die Video-Plattform Youtube vorgestellt und die Grundidee des Influencer-Marketings dargelegt. Daraus leiten sich verschiedene Möglichkeiten der Zusammenarbeit mit Youtubern zu Marketingzwecken ab, die beschrieben und anhand zahlreicher Beispiele illustriert werden. Die Arbeit schließt mit einer kritischen Würdigung der Ergebnisse und Handlungsempfehlungen zur Nutzung von Youtube als Marke-tinginstrument im Hinblick auf Influencer-Marketing. |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:esbwmm:201704&r=pay |
| By: | Godefroy Dang Nguyen (DRI - Direction de le Recherche et de l'Innovation - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, MARSOUIN - Môle Armoricain de Recherche sur la SOciété de l'information et des usages d'INternet - UR1 - Université de Rennes 1 - UBS - Université de Bretagne Sud - UBO - Université de Brest - Ecole Nationale de la Statistique et de Analyse de l'Information - Rennes - Institut Mines-Télécom [Paris] - UR2 - Université Rennes 2 - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, LEGO - Laboratoire d'Economie et de Gestion de l'Ouest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Institut Mines-Télécom [Paris] - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire); Nicolas Jullien (LUSSI - Département Logique des Usages, Sciences sociales et Sciences de l'Information - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, MARSOUIN - Môle Armoricain de Recherche sur la SOciété de l'information et des usages d'INternet - UR1 - Université de Rennes 1 - UBS - Université de Bretagne Sud - UBO - Université de Brest - Ecole Nationale de la Statistique et de Analyse de l'Information - Rennes - Institut Mines-Télécom [Paris] - UR2 - Université Rennes 2 - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, LEGO - Laboratoire d'Economie et de Gestion de l'Ouest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Institut Mines-Télécom [Paris] - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire); Myriam Le Goff-Pronost (LUSSI - Département Logique des Usages, Sciences sociales et Sciences de l'Information - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, MARSOUIN - Môle Armoricain de Recherche sur la SOciété de l'information et des usages d'INternet - UR1 - Université de Rennes 1 - UBS - Université de Bretagne Sud - UBO - Université de Brest - Ecole Nationale de la Statistique et de Analyse de l'Information - Rennes - Institut Mines-Télécom [Paris] - UR2 - Université Rennes 2 - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire, LEGO - Laboratoire d'Economie et de Gestion de l'Ouest - UBS - Université de Bretagne Sud - UBO - Université de Brest - Institut Mines-Télécom [Paris] - UBL - Université Bretagne Loire - IMT Atlantique - IMT Atlantique Bretagne-Pays de la Loire) |
| Abstract: | The digital world, allowing the development of large collaborative projects of production of knowledge, has renewed the economic analysis of the (informational) commons. If there is an abundant literature on the motivation(s) of the contributors to join the production of these commons, the research on the universal access to these goods, on the financing of this access (monetary donations), and on the relationship between donating (money) and contributing (content), are scarse. The objective of this article is to help bridging this gap. We rely on a survey administered to the users of the French version of Wikipédia, and their 16,000 usable responses. Our analyses show that contributing and giving are not performed by the same types of people. Giving to the encyclopedia seems to prolong usual generosity practices. Contributing, appears to reflect more an intrinsic interest in the project and its intellectual challenges. Contributors and donors, however, rejoin in their commitment to the project itself. |
| Abstract: | Résumé Le numérique, en permettant le développement de projets collaboratifs de production de connaissance, a renouvelé l'analyse économique du fonctionnement des communs (informationnels). Si la motivation des contributeurs à participer à ces communs fait l'objet d'une littérature abondante, les réflexions sur l'accès de tous (contributeurs ou non) à ces biens, sur le financement de cet accès (les dons monétaires), ainsi que sur la relation entre donner en argent et donner en produisant du contenu, sont moins nombreuses. Cet article contribue à combler ce manque. Nous nous appuyons sur un questionnaire auprès des utilisateurs de la version française de Wikipédia, et leurs 16.000 réponses exploitables. Nous montrons que contribuer et donner ne sont pas le fait des mêmes types d'individus. Les donateurs sont des personnes pour qui donner à l'encyclopédie prolonge des pratiques de générosité. Contribuer reflète plutôt un intérêt intrinsèque pour le projet. Contributeurs et donateurs se rejoignent cependant dans leur attachement au projet lui-même. |
| Keywords: | Wikipedia,Giving,Contributing,Arbitrage,Survey,Don financier,Contribution,Questionnaire |
| Date: | 2016–12 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01532005&r=pay |
| By: | Lankisch, Clemens; Prettner, Klaus; Prskawetz, Alexia |
| Abstract: | We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution of wage inequality. Our model explains the simultaneous presence of i) increasing per capita income, ii) declining real wages of low-skilled workers, and iii) an increasing skill-premium. These developments are consistent with the experience in the United States over the past decades. |
| Keywords: | automation,declining wages of low-skilled workers,wage inequality,skill premium,long-run growth |
| JEL: | O11 O41 I24 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:tuweco:062017&r=pay |
| By: | Philipp Dimakopoulos (Humboldt-Universität zu Berlin); Slobodan Sudaric (Humboldt-Universität zu Berlin) |
| Abstract: | We analyze platform competition where user data is collected to improve adtargeting. Considering that users incur privacy costs, we show that the equilibrium level of data provision is distorted and can be inefficiently high or low: if overall competition is weak or if targeting benefits are low, too much private data is collected, and vice-versa. Further, we find that softer competition on either market side leads to more data collection, which implies substitutability between competition policy effects on both market sides. Moreover, if platforms engage in two-sided pricing, data provision would be efficient. |
| Keywords: | platform competition, user data, nuisance costs, ad targeting, privacy |
| JEL: | D43 L13 L40 L86 |
| Date: | 2017–08–07 |
| URL: | http://d.repec.org/n?u=RePEc:bdp:wpaper:2017003&r=pay |
| By: | Mazen M. Al Shobaki (Department of Information Technology - Al-Azhar University); Samy S. Abu Naser (Department of Information Technology - Al-Azhar University); Youssef M. Abu Amuna (Department of Information Technology - Al-Azhar University); Suliman A. El Talla (Department of Information Technology - Al-Azhar University) |
| Abstract: | The research aims to identify the efficiency of information technology and its role in human resources management electronically at universities in the Gaza Strip, and the population of the study consists of IT staff centers, where the number reached 35 employees working in universities in the Gaza Strip,. The researchers used the questionnaire as a tool for the study, descriptive and analytical approach was used to achieve the objectives of the study, (SPSS) program has been used to analyze the study data. The results of the study showed that there is agreement from the sample of the study on the availability of infrastructure in the IT center, which is statistically significant at (0.05), where the relative weight reached (73.97%) and the arithmetic mean (7.4). The results showed that the sample was highly agreeable, as all the results were statistically acceptable and above the arithmetic mean (6). The study stressed that the cooperation of information technology centers of private sector institutions is few and limited. The results confirmed the availability of management information systems for all administrative systems in a medium way, and that these systems are moderately adequate to build an electronic management system. The study reached several recommendations, the most important of which is the need to provide financial support to IT centers for their importance in the process of change to electronic management. The need to develop computerized management information systems to cover all administrative aspects. The need to develop e-HRM in universities, because they have a key role in the success of the process of transition to electronic management. The importance of the adoption of internal electronic correspondence instead of paper, which contributes significantly to reduce administrative financial expenses, and the speed of completion of work. The need to integrate computerized management information systems and work to link what is currently fully present as a beginning to a gradual transition to electronic management. |
| Keywords: | human resources management,Palestinian universities,information technology efficiency |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01572642&r=pay |
| By: | Morgane Benade (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique, RWTH Aachen University [Aachen]); Juliette Brun (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Ingi Brown (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Pascal Masson (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Benoit Weil (CGS i3 - Centre de Gestion Scientifique i3 - MINES ParisTech - École nationale supérieure des mines de Paris - PSL - PSL Research University - CNRS - Centre National de la Recherche Scientifique); Frank Piller (RWTH Aachen University [Aachen]) |
| Abstract: | " Smart products " , die mit einer " built in flexibility " ausgestattet sind, bilden die Produkte der Zukunft. Sie bestehen aus Komponenten der Informations-und Kommunikationstechnologie und sind besser als herkömmliche Produkte in der Lage, sich je nach Funktionszweck individuell auf unterschiedliche Leistungsanforderungen anzupassen. Sie verfügen über die besondere produktinhärente Fähigkeit, den Nutzer bei der Findung des kundenindividuellen Leistungsergebnisses zu unterstützen. Eines der besten Beispiele ist das IPad. Das IPad wird von den Nutzern unterschiedlich verwendet, nämlich z.B. nur als eBook oder sogar als Musikinstrument. Mit unserer Untersuchung gingen wir der Frage auf den Grund, inwieweit derartige Produkte den Nutzer bei diesen Gestaltungsaufgaben (design tasks) behilflich sind. Hierzu entwickelten wir zunächst ein theoretisches Modell zur Funktionszweckentwicklung (usegeneration), das wir schließlich auf zwei smart products, die mit built in flexibility ausgestattet sind, übertrugen: den ADIDAS OneLaufsschuh und eine App für Mobilfunktelefone namens EMOTIO. Sämtliche Ergebnisse zeigten auf, dass Gestaltungsaufgaben den Nutzern zugewiesen werden. Auf Grundlage dieser Ergebnisse wurden Managementimplikationen berücksichtigt, wonach Produkte effizienter die Gestaltungsbereitschaft der Nutzer fördern könnten. |
| Abstract: | The recent applications of information and communication technology (ICT) in consumer products uncovered a promising form of user-product interaction. Such technology indeed succeeded to empower users to self-design the use of their products. We callthem " smart products with built in flexibility " (SPBF).A popularexample is the iPad. With the software tools, certain users are today able to createa different usage experience for each of their individual needs.Many firms view this phenomenon as an opportunity to be tap as it should yield a higher level of satisfaction among users. In this paper,we attempted to better understand how this new class of products assist users in the design process of their uses. To reach this goal, we developed, by making use of modern design theories, atheoretical framework for use generation and applied iton two types of SPBF namelythe ADIDAS One running shoes and an app for mobile phone called EMOTIO. Withthe results, we coulddetermine the nature of design mechanisms carried out by such products so as thedesign tasksassigned to users. Following this, we finallycould consider managerial implications so that these productsbetter help fostering the design capabilities of each individual user for the generation of uses. |
| Keywords: | Toolkits for user innovation and co-design,Smart products,Customer co-creation |
| Date: | 2016–12–14 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01425828&r=pay |
| By: | Samy S. Abu Naser (Department of Information Technology - Al-Azhar University); Mazen J. Al Shobaki (Department of Information Technology - Al-Azhar University); Youssef M. Abu Amuna (Department of Information Technology - Al-Azhar University); Suliman A. El Talla (College of Intermediate Studies - Al-Azhar University) |
| Abstract: | This study aims to identify the reality of human resources management electronically in Palestinian universities from the perspective of the staff in IT centers. The study population consists of 35 employees in information technology centers. The study sample consisted of (35) employees in technology centers. The recovery rate was (84.31%). The researchers used the questionnaire as a tool for study and the analytical descriptive approach to achieve the objectives of the study. The SPSS program was used to analyze the study data. The results of the study showed that the clarity of the importance of human resources management electronically and the support of senior management are available and contribute greatly to the process of transition to electronic management in general and e-HRM in particular. The study concluded with several recommendations aimed at enhancing e-HRM functions and activities in Palestinian universities. The most important of these are the provision of financial support to IT centers, obtaining legal accreditation for e-signature, and optimizing the ICT tools currently available for implementing e-HRM activities and functions. |
| Keywords: | Gaza Strip,IT staff centers,E-Learning,Palestinian universities,Electronic human resources management,IT staff |
| Date: | 2017–04–28 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01516216&r=pay |
| By: | Mohammad Sobaihy (Al-Azhar Univeristy, Gaza, Palestine) |
| Abstract: | Technology plays an essential and important role in industrial and developing countries. Technology has affected almost all walk of human life such as education and social life. It has drastically changed the cultural norms and behavior of individuals. This study aims to find out the relation between mobile technology and its effects on face-to-face communications at Al-Azhar University in Gaza. The major objectives of this research are to examine the relationship between mobile technology use and the ability of people to communicate face-to-face and to find out whether mobile usage is weakening the quantity and quality of face-to-face interactions. This study found out that the use of mobile technology have negative impact on both the quality and the quantity of face-to-face communications. The study concludes that mobile use by individuals has reduced the time they spend engaging in face-to-face communications with each other because of the time spent on the mobile. |
| Keywords: | communications,Technology,impact,mobile |
| Date: | 2017–08–26 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01577548&r=pay |
| By: | Isabelle Liotard (CEPN - Centre d'Economie de l'Université Paris Nord - Université Paris 13 - USPC - Université Sorbonne Paris Cité - CNRS - Centre National de la Recherche Scientifique) |
| Abstract: | Over the last 20 years, companies’ innovation practices have been revolutionised with the emergence of Web 2.0 and the possibilities offered by digital technology. Having paved the way with the concepts of open innovation (OI), Chesbrough (2003, 2006) and Von Hippel (2006) have conceptualised a trend that radically alters our classic design and research model. Challenging the traditional principle of innovation, which is internal and “closed”, the concept of OI has shed light on brand new practices that aim to boost a company’s innovative capacity through its relations and exchanges with the exterior. Even though this concept alone does not cover completely new tools (licence agreements or partnerships and networks are well-known mechanisms), it nonetheless remains that Open Innovation promotes new mechanisms that enable companies to open up to the outside world (in the widest sense of the term). Internet-based digital tools make it possible to create intermediation platforms and websites for companies whose aim is to seek out knowledge, skills and expertise beyond their own borders and beyond their well-identified circles of more or less direct partners (Liotard & Revest, 2017). The great strength of Web 2.0 is, then, to open the company up to the exterior, in the broadest sense because the “the exterior” now includes everyone (Internauts, students, employees, etc.), with the unprecedented characteristic of their having no previous connection with the company in question. Crowdsourcing now gives access to a great number of innovative proposals , and contributes to bottom-up forms of innovation. However, these new practices are not the only ones to emerge, and other formats are now radically transforming innovation’s traditional foundations. In particular, spaces known as FabLabs (FL) are currently springing up all over the world. This wave, instigated in 1998 by MIT professor Neil Gerhenfeld, has become widespread, and has led to the constitution of a network of FabLabs in both developed countries and the Global South . Notably, these collaboration spaces, stemming from a desire to share knowledge and openings, call into question production (which becomes local), intellectual property (more open, based on open source files and pooling material), hierarchy (peer communities enable projects to be carried out and FabLabs are emerging as non-hierarchical, horizontal spaces), and lastly, the role of the individual in a certain number of initiatives. These digital manufacturing spaces make digitally-controlled machines and 3D printers available, representing not only a possibility for decentralised production and design for individuals but also offering open production spaces for both small and large companies, which also go there to seek training. The aim of this paper is to shed light on this new type of space and to define the different business models. It is based on a series of interviews we conducted between January and April 2017 with FabManagers from the Paris area and other regions in France |
| Keywords: | FabLab,innovation,collaborative economy,Do It Yourself |
| Date: | 2017–06–30 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01555978&r=pay |
| By: | Abunasser Elshobaki, (Al-Azhar Univeristy, Gaza, Palestine) |
| Abstract: | The study aimed to identify the commitment of the senior management to develop and support the electronic document management systems and the success of the electronic document management system. In order to achieve the objectives of the study, the researcher used the analytical descriptive method in which they tries to describe the phenomenon of the study subject, analyzing its data, the relationship between its components and the opinions that are raised around it. The complete census method was used because of the small size of the study sample and ease of access to the target group. The researchers distributed 108 questionnaires to the Study Population of this research which consist of 65 employees in the Gaza Strip and 43 employees in the West Bank. All the questionnaires were retrieved back. The research found the following results: There is weakness about the existence of a special system includes written plan and mechanisms for the management of documents. The work of the Commission focuses largely on documents and their follow-up between departments. The existence of some small computerized systems in some of the departments for document management in the Commission. There is indeed an archive officer. There exist departments competent to manage the archives of the Commission actually. The presence of more than one archive (retirees and participants for each department separately). The adoption of a system of encoding and indexing is unified by the Commission where it is agreed to coding and indexing each type of files. the international standards are not use in the Commission. The absence of procedures and mechanisms for the transfer of documents to the Palestinian National Archives. There is a security plan for documents in the event of disasters where there are fire alarms and the presence of fire extinguishers in the archive on all floors of the Commission. That there is a commitment by the senior management in the development and support of electronic document management system in all departments and specialties of the Commission, by providing both financial support and the legal boundaries of the electronic system The research led to a number of recommendations, the most important of which is to increase the interest and awareness of the need to apply policies, mechanisms and procedures to ensure the success of the electronic document management system by taking advantage of the experiences of other institutions and the private sector. The need to enhance attention to the existence of a central computer network linking the main office in Gaza with the rest of the branches in the West Bank in order to ensure the implementation of the electronic document management system and the ability to hold meetings via video screens Convergence and the ability to exchange copies of electronic data. The need to focus on the Palestinian National Archives and follow up the international standards by the International Council for Archives (ICA). |
| Keywords: | Palestinian Pension Authority,State of Palestine,Senior Management,Electronic Document Management System |
| Date: | 2017–06–29 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01552188&r=pay |
| By: | Youssef M. Abu Amuna (Department of Information Technology - Al-Azhar University); Mazen J. Al Shobaki (Department of Information Technology - Al-Azhar University); Samy S. Abu Naser (Department of Information Technology - Al-Azhar University); Suliman A. El Talla (Department of Information Technology - Al-Azhar University) |
| Abstract: | The purpose of this research is to identify the reality of electronic human resources management in the Palestinian universities in the Gaza Strip. The study population consisted of the different administrative levels in the universities. The number of employees was (239). The study sample consisted of (148) individuals from the different administrative levels. The response rate was (87,16%). The researchers used the questionnaire as a study tool and used both the analytical and descriptive approaches to achieve the objectives of the study. The SPSS program was used to analyze the study data. The study reached several results, the most important of which is the presence of clarity among the sample of the study of the importance of electronic human resources management, the full awareness of the its benefits, which greatly helps to adopt and develop (e-HRM) as the members of the study sample from the higher administrative levels and those who influence decision-making. The university system in human resources management varies in varying degrees from one university to another and has a significant impact on the direction of electronic human resources management. The researchers explain this difference because of the different priorities of universities, development plans, their potential material, and human capabilities. There are no significant differences in the response of the sample members due to the demographic variables (age group, academic qualification, number of years of service, job category, job title), because there is a convergence between the specifications of the sample members in the universities concerned. There are also significant differences in the response of the sample members attributed to the university variable in favor of the Islamic University. The study reached several recommendations, the most important of which is the need to develop the administrative structure of the universities to commensurate with the process of change to electronic management. It is important to develop (e-HRM) in universities as it has a key role in the success of the process of transition to electronic management. There is a need to expand the use of electronic models to manage personnel to take advantage of its multiple benefits such as reducing expenses and time of completion of transactions. |
| Keywords: | Palestinian Universities,Higher Education Institutions,Electronic management,Gaza Strip,Electronic Human Resources Management |
| Date: | 2017–03–31 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01559854&r=pay |
| By: | Joël Cariolle (FERDI - Fondation pour les Etudes et Recherches sur le Développement International - FERDI); Maëlan Le Goff (Banque de France - Banque de France - Banque de France, CEPII - Centre d'Etudes Prospectives et d'Informations Internationales - Centre d'analyse stratégique); Olivier Santoni (FERDI - Fondation pour les Etudes et Recherches sur le Développement International - FERDI) |
| Abstract: | This paper provides city-level evidence on the impact of fast Internet on firm performances in developing and transition economies. Over the last two decades, international connectivity has been boosted by the laying of more than 300 sub-marine telecommunication cables (SMC). Almost all coastal developing and transition countries are henceforth plugged to the global Internet, so that the remaining structural impediments to Internet economy’s growth are twofold: first the digital isolation, i.e. the gap between Internet users and the existing and often lacking terrestrial telecommunication infrastructure network; and second, the country’s exposure to SMC faults. We estimate the impact of Internet access on firm performance by adopting an instrumental variable (IV) approach reflecting these two digital vulnerabilities. Estimations are carried out using large a sample of firms from more than 2,600 cities in some 60 developing and transition countries. They stress that a 10% increase in the incidence of e-mail use among firms, induced by lower digital vulnerabilities, raises the firm’s average annual sales by 24%, average sales per worker by 18%, and temporary employment by 15%. This result is robust to the exclusion of outliers, of exporters and big firms, of firms created after SMC arrival, and to the use of other proxies for firms’ access to Internet. It therefore suggests the existence of large spillover effects of fast Internet at the local level. |
| Keywords: | NICT, Submarine cables, infrastructures, telecommunications, firm performance |
| Date: | 2017–07–27 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01569846&r=pay |
| By: | Simplice Asongu (Yaoundé/Cameroun) |
| Abstract: | The study investigates interactions between information sharing offices, the coexistence of financial sub-systems and financial access. The empirical evidence is based on Quantile regressions in order to articulate countries with low, intermediate and high levels of financial access. The scope of the study is on 53 African countries for the period 2004-2011. The following main results are established. First, the positive association between “information sharing offices (ISOs)” and “formal financial sector development” consistently increases with improvements in initial levels of credit access. Second, the negative linkage between ISOs and “informal financial sector development” consistently decreases with increasing levels of credit access. In summary, we establish that the positive complementarity of ISOs and financial formalization is an increasing function of financial activity (or access to credit) whereas the negative complementarity of ISOs and financial informalization is a decreasing function of financial activity. |
| Keywords: | Information Asymmetry; Financialization; Financial Access |
| JEL: | G20 G29 L96 O40 O55 |
| Date: | 2017–07 |
| URL: | http://d.repec.org/n?u=RePEc:agd:wpaper:17/033&r=pay |
| By: | Mazen J Al Shobaki (Department of Information Technology - Al-Azhar University); Samy S Abu Naser (Department of Information Technology - Al-Azhar University); Youssef M Abu Amuna (Department of Information Technology - Al-Azhar University); Suliman A El Talla (College of Intermediate Studies - Al-Azhar University) |
| Abstract: | The objective of this study is to identify the impact of electronic human resources management on the development of electronic educational services in the Palestinian universities in Gaza Strip. The study population consisted of (35) IT staff centers in the Palestinian universities in Gaza Strip. The researchers used the questionnaire as a tool of the study and used the descriptive and analytical approach to achieve the objectives of the study. (SPSS) program was used to analyze the data. Results of the study showed that the university system in the provision of electronic educational services affect the process of transition to electronic management of human resources in terms of the use of information technology in some of the functions of human resources management. There are electronic educational services in universities under study, where there is a general trend for electronic educational services, and there is clarity of the concept of e-learning. The study results showed limited educational and training materials published electronically about the staff. The results of the study confirmed that the university system has statistically significant effects on the provision of electronic educational services in electronic human resources management. The study found several recommendations, the most ones are: the need to take advantage of e-educational services in the activities and functions of human resource management such as training and distance learning. The capabilities are available, but they are not taken advantage in this area for the employee. There is a need for optimum utilization of the tools and means of ICT available in the universities such as internet and computers in completing the work and simplify its procedures, and to consider these tools as investment to the university and not as the possession of the equipment, the goal is to not put a computer and internet line in each employee office, but the goal is to take advantage of the computer, network, and ICT tools in all areas to the maximum extent possible. |
| Keywords: | IT staff,Palestinian universities,Gaza Strip,Electronic human resources management,Electronic educational services |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01500357&r=pay |
| By: | Gold, Robert; Bode, Eckhardt |
| Abstract: | Digital technologies will both create new jobs and replace existing ones. To cope with increasing labor market dynamics in the digital age, workers will have to become more mobile across jobs, occupations, and industries. The relative importance of their job-specific skills will decrease while that of their general skills applicable to various occupations will increase. The G20 should establish national adult training programs that focus on improving workers' general skills, specifically their theoretical, non-cognitive, and digital skills. These general skills will enable workers to work with technology instead of competing with it, thereby increasing their job mobility and employability. |
| Keywords: | digitalization,employability,job mobility,adult training,skills,G20 |
| JEL: | E24 I38 J62 O33 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ifwedp:201754&r=pay |
| By: | Giannone, Domenico; Lenza, Michele; Primiceri, Giorgio E |
| Abstract: | We compare sparse and dense representations of predictive models in macroeconomics, microeconomics and finance. To deal with a large number of possible predictors, we specify a "spike-and-slab" prior that allows for both variable selection and shrinkage. The posterior distribution does not typically concentrate on a single sparse or dense model but on a wide set of models. A clearer pattern of sparsity can only emerge when models of very low dimension are strongly favored a priori. |
| Date: | 2017–08 |
| URL: | http://d.repec.org/n?u=RePEc:cpr:ceprdp:12256&r=pay |
| By: | Ghada Tayem (University of Jordan) |
| Abstract: | This paper investigates two liquidity choices of listed Jordanian firms: internal represented by cash holdings and external represented by lines of credit. We document a significant substitution effect of lines of credit on cash holdings and show that this effect strengthens with banking relationships. In addition, we show that lines of credit are not viable liquidity substitute of cash for all firms. Firms with characteristics linked to high costs of external financing are significantly less likely to have access to lines of credit. Also, Ownership of the largest owner-controller exerts a significant negative impact on the probability of obtaining a line of credit. Finally, using a simultaneous equation framework to estimate the joint determination of cash holdings and lines of credit we find a significant impact of ownership of the largest owner-controller on cash holdings. This finding suggests that firms with large owner-controller pursue a liquidity policy of high cash holdings and no lines of credit. |
| Date: | 2017–08–17 |
| URL: | http://d.repec.org/n?u=RePEc:erg:wpaper:1130&r=pay |
| By: | Paris Chrysos (ISC PARIS) |
| Abstract: | In light of the challenges entailed by the (re)design of the Internet, this paper develops the concept of “monuments of cyberspace”, to address the lack of clarity in current debates and more particularly in the use of the conceptual frameworks of “networks” and “communities”. To do so, I revisit the conceptual grounds of network approaches in different disciplines and those of communities of practice, using as an entry point the debate on personal data. To illustrate the value of the concept introduced, the article reviews the design of the “datagram” and that of an online communication setting for developers. |
| Keywords: | Monuments of Cyberspace,Internet,TCP,network theory,epistemology |
| Date: | 2016–12–04 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-01497892&r=pay |
| By: | Aleandro Nassisi (Haute Ecole Spécialisée de Suisse Occidentale - HES-SO (SWITZERLAND) - HES-SO - Haute Ecole Spécialisée de Suisse Occidentale); Cédric Baudet (Haute Ecole Spécialisée de Suisse Occidentale - HES-SO (SWITZERLAND) - HES-SO - Haute Ecole Spécialisée de Suisse Occidentale , Université Jean Moulin - Lyon III); Francesco Termine (Haute Ecole Spécialisée de Suisse Occidentale - HES-SO (SWITZERLAND) - HES-SO - Haute Ecole Spécialisée de Suisse Occidentale) |
| Abstract: | To grasp the inherent complexity of gamification, we carried out an exploratory two-phase study in the context of a swiss touristic mobile application. Sightseeing the first phase, we measured the user experience quantitatively and qualitatively following a touristic tour using a mobile application that contained few gamification mechanisms. During the second phase, we integrated several gamification mechanisms into the mobile application and we made the same measurements as in the first phase. We highlighted the complexity of gamification and suggested implementing adapted mechanisms dynamically for each user. |
| Abstract: | Afin d’appréhender la complexité inhérente à la gamification, nous avons mené une étude exploratoire en deux phases dans le contexte d’une application mobile touristique suisse. Dans la première phase, nous avons mesuré de manière quantitative et qualitative l’expérience vécue par les utilisateurs après un parcours touristique avec une application mobile peu gamifiée. Dans la deuxième phase, nous avons intégré à l’application mobile différents mécanismes de gamification puis nous avons procédé aux mêmes mesures que lors de la première phase. Nous avons mis en évidence la complexité de la gamification et proposons de l’appréhender par la mise en œuvre de mécanismes adaptés dynamiquement à chaque utilisateur. |
| Keywords: | mechanisms,tourism,evaluation,complexity,gamification,tourisme |
| Date: | 2017–05–17 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01519560&r=pay |
| By: | Schmidt, Reinhard H. |
| Abstract: | The German savings and cooperative banks of the 19th century were precursors of modern microfinance. They provided access to financial services for the majority of the German population, which was formerly excluded from bank funding. Furthermore, they did this at low costs for themselves and affordable prices for their clients. By creating networks of financially viable and stable financial institutions covering the entire country, they contributed significantly to building a sound and "inclusive" financial infrastructure in Germany. A look back at the history of German savings and cooperative banks and combining these experiences with the lessons learned from modern microfinance can guide current policy and be valuable for present and future models of microfinance business. |
| Keywords: | Microfinance,German savings banks,German cooperative banks,Inclusive Finance |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:safewh:48&r=pay |
| By: | Magali Malherbe (Institut d'Administration des Entreprises (IAE) - Caen) |
| Abstract: | This article aims to understand the dynamic of the three types of coopetition (horizontal, vertical, and diagonal) in the emergence of a business ecosystem that is not initiated by a single leading firm. By combining literature on coopetition with literature on business ecosystem, we define a conceptual framework around three types of inter-organizational conflicts: role conflicts, value-related conflicts, and resource conflicts. We produce a processual analysis based on a single case study and nurtured with different sources of data: interviews, direct observation, and archival data. We study the emergence of mobile contactless services that have initiating a new business ecosystem through the convergence of several industries: mobile phone industry, financial, transportation and other services industries, and Internet industry. The study of the emergence of mobile contactless services has led to the determination of the most critical types of coopetition in this process and their impact on the coopetitive architecture (i.e. the mutual dependencies between actors and their specified roles) of the business ecosystem. In this dynamic, the resolution of role conflicts is particularly determinant as they may hamper the benefits of coopetition. Finally, we identify mechanisms that sustain or change the coopetitive architecture. |
| Keywords: | ecosystem, coopetition, conflicts, NFC |
| Date: | 2016–06 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-01580088&r=pay |
| By: | Prashant Mahajan (R. C. Patel Institute of Technology, Shirpur); Suresh Golahit (KVPS's SPDM College, Shirpur) |
| Abstract: | Despite of increasing pressure related to enrollment in Technical Education, some Institutes of Technical Education, successfully have taken on a corporate mentality to attract and retain high-quality students through their e-Promotion. Successful branding and marketing strategies have become most important for the Institutes of Technical Education to appeal to a growing and diversified student and to differentiate from competitors. Effective branding can be helpful in increasing enrollment and in developing relationships and bonding. This article explores internet based promotions that Technical Education institutes have focused on branding and marketing initiatives and its influence on the students in selecting institute. It also focuses on effectiveness of internet based promotions. The research study showed that Institute Website and Social Networking are the most influential promotion tools for making their decision of selection than the other traditional promotion tools. In addition, these tools are reported to be very powerful and effective in making satisfaction of decision of selection which is highly associated with such a promotion tools. More surprisingly, it is found to be productive in the rural area. This article presents an adaptation of established qualitative research methodsby a survey (through a structured questionnaire) of students who are presently enrolled (Current-students) and those who have completed their study (Post-students) belonging to the institutes offering Technical Education situated in Khandesh region of India and affiliated to the North Maharashtra University, Jalgaon. The survey is delimited to the enrollments of Technical Education belonging to North Maharashtra University, Jalgaon and located in Khandesh region of India. |
| Keywords: | Satisfaction,Technical Education,Enrollments,e-Promotion,Promotion Mix |
| Date: | 2017–01–17 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-01483672&r=pay |
| By: | KUME Koichi; CHUMA Hiroyuki; HAYASHI Susumu; TODA Akihito |
| Abstract: | In order to make full use of the potential of new technologies including artificial intelligence, it is necessary to switch to a way of thinking and working that is friendly to technology. Regarding this subject, this paper takes up the concept of "self-evolvability" as one of the cues. Self-evolvability is defined as a mixed concept of meta-cognition, informating everything, and pursuing a shared benefit and desire of self-change. Using a survey result, we quantitatively analyzed the relationship between self-evolvability, acceptance of new technologies, provision of data, and approval/disapproval of changes in working style. We confirmed a positive effect of self-evolvability on the acceptance of new technologies even after controlling for personal attributes, cognitive and non-cognitive ability, and economic preference. The results imply that self-evolvability can be regarded as an important factor for smooth implementation of new technologies in the society. |
| Date: | 2017–08 |
| URL: | http://d.repec.org/n?u=RePEc:eti:rdpsjp:17053&r=pay |
| By: | Maya Escueta; Vincent Quan; Andre Joshua Nickow; Philip Oreopoulos |
| Abstract: | In recent years, there has been widespread excitement around the potential for technology to transform learning. As investments in education technology continue to grow, students, parents, and teachers face a seemingly endless array of education technologies from which to choose—from digital personalized learning platforms to educational games to online courses. Amidst the excitement, it is important to step back and understand how technology can help—or in some cases hinder—how students learn. This review paper synthesizes and discusses experimental evidence on the effectiveness of technology-based approaches in education and outlines areas for future inquiry. In particular, we examine RCTs across the following categories of education technology: (1) access to technology, (2) computer-assisted learning, (3) technology-enabled behavioral interventions in education, and (4) online learning. While this review focuses on literature from developed countries, it also draws upon extensive research from developing countries. We hope this literature review will advance the knowledge base of how technology can be used to support education, outline key areas for new experimental research, and help drive improvements to the policies, programs, and structures that contribute to successful teaching and learning. |
| JEL: | I20 I29 J24 |
| Date: | 2017–08 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:23744&r=pay |