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Risk Management Strategies for the Banking Sector to Cope with the Emerging Challenges 银行业应对新挑战的风险管理策略
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.68.76
Tomer Kedarya, Amir Elalouf
{"title":"Risk Management Strategies for the Banking Sector to Cope with the Emerging Challenges","authors":"Tomer Kedarya, Amir Elalouf","doi":"10.17323/2500-2597.2023.3.68.76","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.68.76","url":null,"abstract":"The banking industry is facing unprecedented challenges, including cybersecurity threats, the need for rapid technology upgrades, a high degree of uncertainty, aggressive entry of technology giants into the financial market, and others. Like most traditional sectors, banks are trying to keep up with the pace of change, monitor emerging risks, and adjust their development strategies. The article analyzes the emerging trends for the banking sector globally and, in particular, in the context of Israel. Interviews with representatives of the most influential national banks formed the information basis of the study. Shifts in corporate strategies, requests for new business models and «working with the future» were identified. The results emphasize the importance of an integrated, holistic approach to risk management and may be useful for banks not only in Israel, but also in other countries and regions.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"84 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379717","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}
引用次数: 0
The Impact of Consumer Culture on Innovation Adoption in Developing Countries 发展中国家消费文化对创新采用的影响
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.32.43
Bilal Eneizan, Santosh Saraswat, Abdul Hafaz Ngah, Odai Enaizan, Asaad Alsakarneh
{"title":"The Impact of Consumer Culture on Innovation Adoption in Developing Countries","authors":"Bilal Eneizan, Santosh Saraswat, Abdul Hafaz Ngah, Odai Enaizan, Asaad Alsakarneh","doi":"10.17323/2500-2597.2023.3.32.43","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.32.43","url":null,"abstract":"There is limited research on the factors that influence people’s continued use of mobile payments in developing countries, and it is likely that these factors vary from country to country. This study aims to explore how the factors affecting the continued use of mobile payments differ between Jordan and India, using the Unified Theory of Acceptance and Use of Technology (UTAUT2) as a framework. Additionally, this study extends the UTAUT2 model by including other factors such as trust, advertising value, payment culture, awareness, smartphone experience, and satisfaction. The study employs the fuzzy Analytic Hierarchy Process (AHP) approach to rank the factors that affect the intention to continue using mobile payments. The results suggest that price value and payment culture have the greatest influence on both Jordanian and Indian perceptions. Furthermore, habit was found to be the third most important factor affecting Jordanian perceptions, while smartphone experience was the third most significant factor affecting Indian perceptions.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"165 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379537","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}
引用次数: 0
Assessment of Interorganizational Technology Transfer Efficiency 组织间技术转移效率评价
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.20.31
Yury Dranev, Elena Ochirova, Rainer Harms, Mikhail Miriakov
{"title":"Assessment of Interorganizational Technology Transfer Efficiency","authors":"Yury Dranev, Elena Ochirova, Rainer Harms, Mikhail Miriakov","doi":"10.17323/2500-2597.2023.3.20.31","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.20.31","url":null,"abstract":"In this paper we propose a methodology for assessing the efficiency of technology transfer through merger and acquisition (M&A) and empirically estimate the effect of key factors impacting it. We implement data envelopment analysis (DEA) to calculate an efficiency score of the technology transfer process. The DEA efficiency score integrates a set of outputs (post-merger characteristics of an acquirer) and inputs (pre-merger technological parameters of a target); thus, it provides a multidimensional estimate of efficiency adjusted for the value of the acquired technology base.In the empirical part of this research, we collect data from 434 M&As to study a channel for transferring a technology base across organizational boundaries. Overall, empirical results suggest the adverse outcomes of accumulation of capability to value external technology: the higher the acquirer’s R&D intensity, the lower the efficiency of interorganizational technology transfer. The size of acquirer and relative size of the deal also affect the post-merger outcomes significantly and negatively. At the same time, the estimated effect of such technological characteristics of acquirer as capital expenditure intensity and number of patents is insignificant.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"194 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379541","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}
引用次数: 0
Conceptual Frameworks of Strategic Management 战略管理的概念框架
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.78.87
Wang Xiaoyang, Noor Azuan Hashim
{"title":"Conceptual Frameworks of Strategic Management","authors":"Wang Xiaoyang, Noor Azuan Hashim","doi":"10.17323/2500-2597.2023.3.78.87","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.78.87","url":null,"abstract":"Plentiful works have been devoted to theories and practices of business management, but comparative studies of their advantages and limitations are rarely carried out. In an attempt to fill this gap, the article provides a systematic analysis of management concepts that have gained the major attention in recent years. The search was carried out using the Web of Science database. Ten theories were selected and analyzed in detail, which are the considered most frequently within selected body of articles. The spheres of their application, advantages and limitations, connections between them are indicated. This study deepens the understanding of the theories of entrepreneurship management and shows which of them are the most prolific for improving the efficiency and competitiveness of enterprises and shaping their strategic vision of the future. Directions for further research are shown to overcome the limitations of the presented concepts.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379553","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}
引用次数: 0
New Governance Approaches to Prevent the Collapse of Complex Socioeconomic Systems 防止复杂社会经济系统崩溃的新治理方法
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.56.67
Dmitry Katalevsky
{"title":"New Governance Approaches to Prevent the Collapse of Complex Socioeconomic Systems","authors":"Dmitry Katalevsky","doi":"10.17323/2500-2597.2023.3.56.67","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.56.67","url":null,"abstract":"Modern socio-economic and technological systems are constantly becoming more complex, and as a consequence, the risks of their failures are increasing. Effective management requires tools appropriate to the new challenges. Complexity science offers a number of concepts that individually help to cope with increasing complexity and its effects to a greater or lesser extent. However, a more effective approach is their skillful synthesis, which allows to cover the system holistically, to identify the origin of potential crises and catastrophes that would otherwise remain «hidden», and to outline preventive corrective measures. The article presents a review and comparative characterization of paradigms of perception of complex systems extrapolated to the sphere of management. Using multilayer causal analysis, the case of two high-profile disasters that occurred with Boeing airplanes is considered. The concept of «orphan systems» is proposed, which allows to catch weak signals about the dangerous drift of the system, to react in time and take an appropriate managerial actions.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"95 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379551","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}
引用次数: 0
Cybersecurity and Strategic Management 网络安全和战略管理
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.88.97
Budi Gunawan, Barito Mulyo Ratmono, Ade Gafar Abdullah
{"title":"Cybersecurity and Strategic Management","authors":"Budi Gunawan, Barito Mulyo Ratmono, Ade Gafar Abdullah","doi":"10.17323/2500-2597.2023.3.88.97","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.88.97","url":null,"abstract":"Against the backdrop of rapidly evolving technologies and increasingly complex communications networks, cybersecurity is becoming a key aspect of strategic planning. Protecting information, financial, reputational and other assets from increasingly frequent and sophisticated cyberattacks depends on the ability to develop and continually update a comprehensive, proactive approach that takes into account a wide range of factors. The state of national cybersecurity has become one of the key indicators of the level of development along with «classic» indicators (GDP, etc.). The recently emerged research area of «cybersecurity economics» is constantly being enriched with new knowledge and approaches.The article analyzes the risks to the cybersecurity system at different levels and the main measures to strengthen it, and assesses the dynamics of management trends. Key competencies relevant for professionals in this field are outlined.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379540","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}
引用次数: 0
Preparing for the New Paradigm of Business: The Metaverse 为商业新范式做准备:虚拟世界
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.6.18
Shinu Vig
{"title":"Preparing for the New Paradigm of Business: The Metaverse","authors":"Shinu Vig","doi":"10.17323/2500-2597.2023.3.6.18","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.6.18","url":null,"abstract":"The objective of this study is to explore the challenges and changing needs of companies in the age of the metaverse and its implications for business. It used a qualitative research methodology and is based on a review of the emerging academic discourse on metaverse and also on semi-structured interviews with corporate experts. The study found the various aspects of the metaverse that may affect business organizations, namely strategic aspects, technological aspects, human resource-related aspects, legal aspects, and ethical aspects. The study highlights the need for organizations to be flexible and adapt quickly to future unpredictable developments in the age of the metaverse. It accentuates the fact that the companies would be required to devise new marketing, e-commerce, and human resource strategies for taking advantage of the business opportunities presented by the metaverse. It also has important implications for policymakers as it highlights the legal and ethical aspects of the metaverse that may affect business and society in the future. The current study has laid the foundation for further research on the metaverse as a new paradigm of business.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379536","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}
引用次数: 0
Modeling Challenges for Building Technological Capacities to Achieve Sustainability in the Food Industry 建立技术能力以实现食品工业可持续性的建模挑战
Foresight and STI Governance Pub Date : 2023-09-20 DOI: 10.17323/2500-2597.2023.3.45.55
Ayyagari Venkata Subramanya Durgaprasad, Chundru Veera Venkata Satya Narayana Vara Prasad
{"title":"Modeling Challenges for Building Technological Capacities to Achieve Sustainability in the Food Industry","authors":"Ayyagari Venkata Subramanya Durgaprasad, Chundru Veera Venkata Satya Narayana Vara Prasad","doi":"10.17323/2500-2597.2023.3.45.55","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.3.45.55","url":null,"abstract":"The food industry plays a key role in the economy. The high potential of this field and its contribution to sustainable development is revealed by being well equipped with advanced production and management technologies. In developing countries, including India, the sector is insufficiently focused on building this capacity and harnessing its effects for progress.The saturation of the economy with innovation and communication diversity gives it increased complexity, non-linearity, interconnectedness and interdependence. Such synergy has two poles. With proper management and holistic coverage of complex systems, it generates a cascade of self-reinforcing positive development processes. However, in their absence, there are large-scale problems that hinder the transition to a «green» model of development, which is especially relevant for the agricultural sector as one of the main pollutants of the environment and the triggers of climate change. The article analyzes the relationship between the complex problems, assessing their strength of influence, the degree of dependence on other factors. It reveals the «points of application» of efforts, the work with which will launch self-organizing processes, allowing to eliminate other barriers to the goals of sustainable development.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136379539","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}
引用次数: 0
The Influence of External Stakeholders on Environmental, Social, and Governance (ESG) Reporting: Toward a Conceptual Framework for ESG Disclosure 外部利益相关者对环境、社会和治理(ESG)报告的影响:迈向ESG披露的概念框架
IF 1.2
Foresight and STI Governance Pub Date : 2023-06-25 DOI: 10.17323/2500-2597.2023.2.9.20
Wai-Khuen Wong, B. Teh, Siow-Hooi Tan
{"title":"The Influence of External Stakeholders on Environmental, Social, and Governance (ESG) Reporting: Toward a Conceptual Framework for ESG Disclosure","authors":"Wai-Khuen Wong, B. Teh, Siow-Hooi Tan","doi":"10.17323/2500-2597.2023.2.9.20","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.2.9.20","url":null,"abstract":"In recent years, governments and investors globally are compelling major corporate organizations to disclose important environmental, social and governance (ESG) issues. The continued flatlining of ESG reporting quality has led some parties to call on policymakers to take advantage of the distinct contextual pressure from external stakeholders to improve corporate ESG commitments. However, the relationship between external stakeholders and ESG disclosure remains ambiguous, both theoretically and empirically. Grounded in stakeholder theory, legitimacy theory, resource-based theory, and slack resource theory, this article reconceptualizes Ullmann’s 1985 model of corporate social performance to present a novel conceptual framework to examine the external stakeholders-ESG disclosure relationship. This article contributes to the literature by illustrating the mediating effect of the strategic posture and the moderating effect of corporate financial performance on corporate ESG discourse perpetuated by powerful stakeholders.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":" ","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43315255","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}
引用次数: 0
Corporate Strategy for Sustainability: Reflections of Prospective Entrepreneurs 企业可持续发展战略:未来企业家的思考
IF 1.2
Foresight and STI Governance Pub Date : 2023-06-25 DOI: 10.17323/2500-2597.2023.2.21.34
Kiet Hong Vo Tuan Truong, Van Pham Huynh, Huy Dang Nguyen
{"title":"Corporate Strategy for Sustainability: Reflections of Prospective Entrepreneurs","authors":"Kiet Hong Vo Tuan Truong, Van Pham Huynh, Huy Dang Nguyen","doi":"10.17323/2500-2597.2023.2.21.34","DOIUrl":"https://doi.org/10.17323/2500-2597.2023.2.21.34","url":null,"abstract":"Universities play a crucial role in training and educating future businesspeople to comprehend sustainable thinking holistically. This demonstrates the importance of preparing the next businesspeople about students’ factual knowledge, practical skills, and responsibility towards sustainability. The aim of this research is to identify economic students, think about corporate strategy planning towards sustainability, and understand and reconcile the different sustainability perspectives. This study examined 534 economic students’ ideas in Can Tho City, Vietnam, and 102 scholars, opinions (international and local scholars and transporter/logistics) toward sustainable business practices. It was revealed that students in general are highly aware of the principles of sustainable development, ready to implement them in practice during business planning, and some aspects are even more important than experts. With the help of matrices of factor analysis four alternative realistic patterns of corporate strategies for sustainable development, with appropriate recommendations for their implementation were compiled. They can serve as a basis for decision-making by current and future entrepreneurs in the formation of their own business plans.","PeriodicalId":45026,"journal":{"name":"Foresight and STI Governance","volume":" ","pages":""},"PeriodicalIF":1.2,"publicationDate":"2023-06-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43707887","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}
引用次数: 0
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