{"title":"Can Facebook Predict Stock Market Activity?","authors":"Yigitcan Karabulut","doi":"10.2139/ssrn.2017099","DOIUrl":"https://doi.org/10.2139/ssrn.2017099","url":null,"abstract":"Using a novel and direct measure of investor sentiment, I find that Facebook’s Gross National Happiness (GNH) has the ability to predict changes both in daily returns and trading volume in the US equity market. For instance, a one standard deviation increase in GNH predicts an increase in market returns equal to 11 basis points over the next day. Moreover, the impact of GNH appears to be stronger among small-cap stocks, and in the face of turmoil.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115195080","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"'Defining What We Do – All Over Again': Occupational Identity, Technological Change, and the Librarian/Internet-Search Relationship","authors":"Andrew J. Nelson, J. Irwin","doi":"10.5465/AMJ.2012.0201","DOIUrl":"https://doi.org/10.5465/AMJ.2012.0201","url":null,"abstract":"Although a growing literature explores occupational identity, or the overlap between “who we are” and “what we do,” this literature has not fully considered how occupational identity may interact with technological change. In this paper, we explore this interaction, asking how an occupation’s identity shapes and is shaped by its interactions with a new technology. We focus, specifically, on the relationship between librarians and Internet search. Drawing on an analysis of 22 years of articles from library journals, we demonstrate how and why librarians initially discounted Internet search and differentiated themselves from it. We argue that these responses were associated with a “paradox of expertise,” by which librarians failed to innovate with one of the most important information technologies in history, despite their identity as masters of information. Later, however, we demonstrate how librarians engaged with this same technology, drawing upon it to redefine their occupational identity. Our findings demonstrate how occupational identity conditions the interpretation of a technology, while also showing how these interpretations can change with ongoing interactions. We also illustrate how occupational identity itself can change in response to new technology. Finally, we elaborate upon why expert insiders may not actually be best positioned to pursue emerging technologies.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133899112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Early Dynamics of a Major Scientific Project: Testing the Social Bubble Hypothesis","authors":"M. Gisler, D. Sornette, G. Grote","doi":"10.2139/SSRN.2289226","DOIUrl":"https://doi.org/10.2139/SSRN.2289226","url":null,"abstract":"In this paper we present an analysis of a major scientific project in the making with the goal of testing our ‘social bubbles’ hypothesis. This framework claims that strong social interactions between enthusiastic supporters of a project weave a network based on positive feedback, leading to widespread endorsement and extraordinary commitment by those involved in the respective project, beyond what would be rationalized by a standard cost-benefit analysis. As a case study, we analyse a Future and Emerging Technology (FET) Flagship candidate, called FuturICT. Specifically, we examine the efforts of the project management to build and promote the project by creating positive feedback loops of rein-forcing behaviours. We found that the expectations fostered by the promoters of the FuturICT idea was not shared by everyone involved in the project; first and foremost because several of the participants did not fully endorse the overall vision and goals. As a consequence, those not unified under the umbrella of the core vision built niches for themselves. These niches were, however, stimulating enough to entice the scholars to stay with the project. With regard to risk-taking, many appeared to be well aware of the risks involved. Those who were ready to take some risk did it mainly based on a force of habit rather than being enthused by the vision and goals. On the other hand, risk taking was found especially during workshops and meetings. This was in the form of the time allocation of participants, who seemed to not count their precious time given to the project. The FuturICT project thus seems to qualify as a social bubble in the making when considered at the group level, while risk-perception at the individual level remained higher than expected.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"104 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116180393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cyberbullying in Australia: Clarifying the Problem, Considering the Solutions","authors":"Aashish Srivastava, Roger Gamble, J. Boey","doi":"10.1163/157181812X637145","DOIUrl":"https://doi.org/10.1163/157181812X637145","url":null,"abstract":"With the increasing use of the Information and Communication Technology (ICT), a new method of bullying has emerged known as cyberbullying. It is indeed ironic that the advancement in communication tools designed to improve the life of mankind is also the cause of much pain. More and more frequently we do read or hear of cases of young children being victims because of the misuse of ICT which have in some extreme cases led to them committing suicide. Unfortunately the ICT’s very nature of being accessible from anywhere and anytime, and its often anonymous nature makes it difficult to regulate what children say or do to each other. This paper discusses the scope of the cyberbullying problem amongst the young in Australia and considers what role the government, the courts and schools should play in detecting, deterring or preventing such conduct.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131826159","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Women's Innovative Strengths for Development","authors":"Luisa Nenci","doi":"10.2139/ssrn.2278949","DOIUrl":"https://doi.org/10.2139/ssrn.2278949","url":null,"abstract":"According to Helen Fisher (2005), a biological anthropologist at Rutger’s University, women’s thinking is different from men’s. She refers to the interrelated way women think as ‘web thinking’. Women think contextually and holistically and display more mental flexibility. They take in more data and synthesize them expertly, connecting the details faster, using imaginative judgment. The characteristics of web thinking are essential to innovation. Since women do it naturally, their role in teams and in organizations is becoming more important. Women can become instrumental for innovation to produce change in a world where sustainable development requires profound transformation in thinking, in economic and social structures and in consumption and production patterns.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121764821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Knowledge Specialization in PhD Student Groups","authors":"A. Conti, Olgert Denas, Fabiana Visentin","doi":"10.2139/ssrn.2210462","DOIUrl":"https://doi.org/10.2139/ssrn.2210462","url":null,"abstract":"It has been argued that specialization within groups yields productivity gains. We evaluate this statement with a focus on groups of PhD students. Using an established technique in computer science, the Latent Dirichlet Allocation (LDA), we construct a novel measure of the dispersion of PhD students' research interests based on their dissertation abstracts and relate it to PhD group publications and citations. We use a rich dataset on groups of PhD students who studied at the Swiss Federal Institute of Technology (EPFL) in Lausanne, Switzerland, during the 1993-2008 period. We find robust evidence that within-group knowledge specialization is associated with a larger number of publications. However, beyond a critical level, specialization hinders the group's publication output. We find similar results for the likelihood that the number of citations received by the group's publications falls in the last quartile. We interpret these results as an indication that gains, in terms of greater research output, can be achieved if PhD students specialize according to their different comparative advantages for the research areas that the group investigates. However, beyond a certain level, knowledge specialization has a detrimental impact on research output, due to increasing communication costs and to an increased likelihood of conflict insurgence.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"1985 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130606786","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Punctuated Equilibrium and Network Phase Transitions","authors":"Wendy Ham","doi":"10.2139/ssrn.2186665","DOIUrl":"https://doi.org/10.2139/ssrn.2186665","url":null,"abstract":"Organizational dynamics are typically characterized by extended periods of stability as well as sudden bursts of radical transformation. This pattern has been observed across systems and across levels. Interestingly, many network models also display a similar pattern: Following a period of incremental change, there is often a critical point at which network properties undergo a dramatic qualitative shift. In this paper, I explore the possibility that such similarities between the behaviors of organizations and network models are not coincidental. In particular, I examine whether network theory can explain some of the mechanisms behind sudden and radical organizational transformation, which has been discussed in the organization literature through the lens of punctuated equilibrium.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115053895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Evolution of Social Networks","authors":"Tim Hellmann, Mathias Staudigl","doi":"10.2139/ssrn.2321900","DOIUrl":"https://doi.org/10.2139/ssrn.2321900","url":null,"abstract":"Modeling the evolution of networks is central to our understanding of large communication systems, and more general, modern economic and social systems. The research on social and economic networks is truly interdisciplinary and the number of proposed models is huge. In this survey we discuss a small selection of modeling approaches, covering classical random graph models, and game-theoretic models to analyze the evolution of social networks. Based on these two basic modeling paradigms, we introduce co-evolutionary models of networks and play as a potential synthesis.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125372081","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Information-Analytical Internet-Portal of the Russian Medical Industrial Complex as the Basis of the Intellectual Control System of Innovative Development of the MIC","authors":"N. Meshkov","doi":"10.2139/ssrn.2146842","DOIUrl":"https://doi.org/10.2139/ssrn.2146842","url":null,"abstract":"The concept of an information-analytical Internet-portal of the Russian medical industrial complex as the basis of the intellectual control system of innovative development of the MIC is stated.","PeriodicalId":301526,"journal":{"name":"Sociology of Innovation eJournal","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130132536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}