Entrepreneurship: Recent submissions
Now showing items 21-36 of 36
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Managing Smart Cities: Sustainability and Resilience Through Effective ManagementThis book adopts the managerial perspective to the study of smart cities. As such, this book is a necessary addition to the existing body of literature on smart cities. The chapters included in this book prove the case that transformation of cities to smart cities is a function of effective and efficient management practices implemented at diverse levels of smart cities. While advances in information and communication technology (ICT) are crucial, it is the ability to apply ICT consciously and efficiently that drives the transformation of cities to smart cities in a manner conducive to cities’ sustainability and resilience. The book covers three sets of interconnected topics: Management and decision-making for urban design and infrastructure development Management and decision-making in context of smart cities development Ways of promoting and ensuring participation, representation and co-creation in smart cities These three groups of topics offer a great opportunity to acquire a clear, direct, and practice-driven knowledge and understanding of how effective management allows ICT-enhanced tools and applications to change smart cities, possibly making them smarter.
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The Industry 5.0 (I50) paradigm, blockchain-based applications and the smart cityPurpose Against the background of the I50 paradigm, this paper queries in what ways blockchain and blockchain-based applications deployed in the smart city context facilitate the integration of the I50 paradigm in smart urban contexts. Design/methodology/approach A mixed methods approach is applied. First, by means of desk research and thematic literature review, a conceptual model integrating the I50 paradigm, smart city and blockchain-based solutions is built. Second, science mapping bibliometric analysis (SciMat) based on keywords’ co-occurrence is applied to a sample of 491 research articles to identify key domains of blockchain-based applications’ use in smart city. Third, a semi-systematic literature review complements insights gained through SciMat. Fourth, the findings are interpreted through the precepts of the conceptual model devised earlier. Findings The key blockchain-based applications in smart cities pertain to two domains, i.e. the foundational, service facilitation-oriented domain, including security (and safety), networks, computing, resource management and the service delivery-oriented domain, including mobility, energy and healthcare. Blockchain serves as the key building block for applications developed to deliver functions specific to each of the thus identified domains. A substantial layering of blockchain-based tools and applications is necessary to advance from the less to the more complex functional domains of the smart city. Originality/value At the conceptual level, the intricacies of the (making of the) I50 paradigm are discussed and a case for I50 – smart city – blockchain nexus is made. Easton’s input–output model as well as constructivism is referenced. At the empirical level, the key major domains of blockchain-based applications are discussed; those that bear the prospect of integrating the I50 paradigm in the smart city are highlighted. At the methodological level, a strategic move is made aimed at restoring the literature review’s role as subservient to the key line of exploration, to justify and ultimately support it, rather than to showcase the literature review as the ultimate purpose for itself.
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Explaining China's Pivots and Priorities Through the Aerospace Industry Development StrategyGiven the question of China's role in international politics today, including the notions of China's pivots and priorities, it is mandatory to identify and explore the mechanisms that recast China's role in the world today. A great number of domestic and external factors weigh in on the analysis. Recognizing the relevance of these, this paper focuses explicitly on the aerospace industry and its development strategy. Accordingly, it is argued that—while a seemingly domestic set of developments—the emerging regulatory framework pertaining to China’s aerospace industry, along with the institutional interdependencies that it triggers, serve as an important component of a broader long-term strategy and related pivots and priorities that China pursues. To support this point, following the introduction, and the methodology section, the domestic and external factors influencing the evolution of China's role in the world are conceptualized and mapped. Against this backdrop, the case of the aerospace industry is examined in section four. Discussion and conclusions follow.
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THE EFFECT OF BUY NOW, PAY LATER FINTECH ON TRADITIONAL FINANCIAL SERVICES AND CONSUMER BEHAVIOR IN SAUDI ARABIAThis research investigates the impacts of financial technology (Fintech) on traditionalfinancial services and the emergence of Buy Now Pay Later (BNPL) companies withinthe Kingdom of Saudi Arabia. Fintech signifies a paradigmatic shift in the financial land-scape, utilizing technology to transform banking, payment systems, investment strate-gies, and lending practices. The BNPL model, recognized for its disruptive nature, ena-bles consumers to divide purchases into interest-free installments, thereby reshapingglobal consumer spending patterns. Thisstudy concentrates specifically on the SaudiArabian context, where Fintech adoption is experiencing rapid growth. It scrutinizes thefactors that influence BNPL adoption behavior among Saudi consumers, addressing aresearch void in localized studies. A sample of 100 consumer participants responded toan online survey. The statistical analysis underscores the strength, significance, andcorrelation between financial elements and the factors crucial to the decision-makingprocess for BNPL adoption. The descriptive analysis of Independent Variables (IVs) en-compassing Performance Expectancy (PE), Effort Expectancy (EE), Social Influence (SI),and Facilitating Conditions (FC) has provided significant insights into the perceptions ofconsumers regarding the adoption of Buy Now Pay Later (BNPL) services. The analysishas revealed noteworthy patterns in the data. Performance Expectancy (PE) demon-strates moderate perceptions (Mean = 2.98), indicating a measured belief in the use-fulness of BNPL. Furthermore, Facilitating Conditions (FC) registered moderate scores(Mean = 3.04), underscoring the significance of favorable external factors. Collectively,these findings depict a moderate inclination and a generally positive outlook amongrespondents towards BNPL adoption,providing insights into the factors influencing theiradoption behaviors. The research findings contribute to academic comprehension, pro-vide insights for industry stakeholders, and inform the development of policies and reg-ulations within Saudi Arabia's dynamic Fintech ecosystem. Future studies may utilizelongitudinal studies, conduct cross-cultural comparisons, and explore technological in-tegration in exploring the BNPL consumer behavior studies
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Saudi Arabian Entrepreneurship Ecosystem and MicrofinanceMicrofinance is an important component of the entrepreneurship ecosystem (Iansiti & Levien, 2004). This research explores prominent microfinance models and introduces leading microfinance institutions, in a certain format, practicing these models across the globe. Using primarily qualitative methods of investigation, it then identifies the use of microfinance by different organizations in Saudi Arabia. The study contributes a model of microfinance in Saudi Arabia upon the contemporary conventions, procedures, and practices (Saudi Arabian microfinance model, SAMFIN). It would assist the microfinance landscape and practices of leading institutions. Eventually, the study would ascertain and pinpoint the challenges and opportunities for the Saudi Arabian entrepreneurship ecosystem stakeholders to introduce the changes and additions required to make the Saudi microfinance landscape more dynamic, and vibrant, and contribute to and satisfy the community needs. Also provided is a brief impact of the Saudi Vision 2030. This work would offer guidance and learning for practitioners, lenders, borrowers, and academics alike both in and outside the country. It can be concluded that the loan limit in Saudi Arabia is substantially high and equals $2666; the microfinance in Saudi Arabia is evolving and the differences identified and discussed above imply that the SAMFIN and global models are quite different in approach and modalities.
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Rethinking innovation through industry and society 5.0 paradigms: a multileveled approach for management and policy-makingIndustry 4.0 defines the application of digital technologies on business infrastructure and processes. With the increasing need to take into account the social and environmental impact of technologies, the concept of Society 5.0 has been proposed to restore the centrality of humans in the proper utilization of technology for the exploitation of innovation opportunities. Despite the identification of humans, resilience and sustainability as the key dimensions of Society 5.0, the definition of the key factors that can enable Innovation in the light of 5.0 principles has not been yet assessed. The findings allow the elaboration of a multileveled framework to redefine Innovation through the 5.0 paradigm by advancing the need to integrate ICT and technology (Industry 5.0) with the human-centric, social and knowledge-based dimensions (Society 5.0).
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Ethical Systems’ Dynamics in Family BusinessBuilding an ethical culture is challenging and a basic requirement of the companies to embed transparency in their systems, creating a positive image; serving the internal and external communities. Twelve family owned businesses participated in qualitative research. Interviews were conducted from employees of these businesses to explore the moral dynamics in their business. The paper significantly adds knowledge to the literature by exploring the ethics role in particular contexts. It explores how these companies build the ethical culture, identifying the ethical culture sustainability triggers, challenges and role of religion. Values, culture, community and social norms are identified as major ingredients of a sustainable principled culture development and implementation of ethical policies and procedures require institutional and structural mechanisms for effectiveness in family owned businesses. Numerous findings are in contrast to the literature, whereas, in other instances these are similar. Religion, society, family image, the entrepreneurs themselves and their family members play a vital role. Non-interference in private matters of the employees, whistle blowing, code of ethics, training and awareness creation and a number of other factors play a leading role in ethical culture development in family businesses.
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Research ArticleMicrofinance is an important component of the entrepreneurship ecosystem (Iansiti & Levien, 2004). This research explores prominent microfinance models and introduces leading microfinance institutions, in a certain format, practicing these models across the globe. Using primarily qualitative methods of investigation, it then identifies the use of microfinance by different organizations in Saudi Arabia. The study contributes a model of microfinance in Saudi Arabia upon the contemporary conventions, procedures, and practices (Saudi Arabian microfinance model, SAMFIN). It would assist the microfinance landscape and practices of leading institutions. Eventually, the study would ascertain and pinpoint the challenges and opportunities for the Saudi Arabian entrepreneurship ecosystem stakeholders to introduce the changes and additions required to make the Saudi microfinance landscape more dynamic, and vibrant, and contribute to and satisfy the community needs. Also provided is a brief impact of the Saudi Vision 2030. This work would offer guidance and learning for practitioners, lenders, borrowers, and academics alike both in and outside the country. It can be concluded that the loan limit in Saudi Arabia is substantially high and equals $2666; the microfinance in Saudi Arabia is evolving and the differences identified and discussed above imply that the SAMFIN and global models are quite different in approach and modalities.
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The Importance of Work Experience in EntrepreneurshipThe purpose of this paper is to help understand the correlation of work experience on entrepreneurs. Discussed in this paper is the background of entrepreneurship and the different factors that build entrepreneurs. A quantitative survey was used as an example to assist in the findings and discussion of this paper. Moreover, a qualitative interview method was conducted to further support the relationship between work experience on entrepreneurs. This paper reveals important factors and strategies that can be considered for entrepreneurs to assist in understanding how work experience can reinforce their business journey
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Saudi Millennials and Luxury. An investigative study on the driving forces behind why Saudi Millennials buy Luxury Goods and servicesOver the past couple of decades, GCC economies have become a major growth sector for the luxury goods industry. Many luxury brands including LVMH, Gucci and Hermes have been highly successful in penetrating Gulf Country markets, especially Saudi-Arabia. Many brands such as Prada and Mulberry have struggled gain a foothold in the Middle East (Amaldoss & Jain, 2005; Lynn & Harris, 1997; Worchel, 1992) Many analysts have ascribed the performance of luxury brands mainly to factors originating from the customer side such as meeting expectations of provision of Status and respect as they get noticed by others, great after-sales service, celebrity endorsements, perceived to be of high quality, and to reward oneself. Understanding the motivations of purchase can help a luxury brand to be able to profit from these rapidly growing and highly competitive Middle Eastern Markets such as Saudi-Arabia represents and it’s a research area worth exploring especially taking into account, Saudi Millennials Demographic Segment.
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Impact Of Covid-19 On Family Business And Corporate Governance In The KsaFamily businesses form an important component of both private and public sector of business. It is highly strategic move to set up corporate governance so that the businesses can function effectively and efficiently in the market. It will help in improving the performance of the business by giving right amount of control to the family members as well as the non – family business members to avoid different types of conflict especially the one that is common between the owners and the managers. It also adds definite structure to the business thereby making it more successful. Saudi Arabia is home to many large firms that are run by families. Not only this, SMEs are also family businesses in both sectors. With the emergence of COvid-19 global pandemic the entire business industries across the world have been impacted. This impact was also faced by the family businesses in Saudi Arabia as well. The aim of the research was to assess the impact of Covid-19 on family business and corporate governance, and to find the link between the family business and corporate governance in the KSA. The methodology used was qualitative in nature due to the use of interviews from 2 – 3 family businesses in Jeddah, Saudi Arabia that provided with insights of how family business works with corporate governance and its impact on its performance respectively. The results of the research finally concluded that the family businesses.
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MyPlate: Developing an Efficient Solution for Sustainability and Monitorization of an Individual's Nutritional HealthA healthy lifestyle is a way that reduces the chances of being seriously ill or dying prematurely. Although not all diseases are preventable, many deaths, especially those caused by coronary heart disease and lung cancer, can be averted. Certain types of behavior have been linked to the development of noncommunicable diseases and early death in scientific investigations. It's not simply about avoiding disease when it comes to good health. Physical, mental, and social well-being are all factors. When a healthy lifestyle is embraced, it provides a more favorable role model for other family members, particularly children. This research helps propose a solution using a device that can be attached to home refrigerators. This device helps household individuals maintain a healthy lifestyle more efficiently.
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Measuring Financial Forecast Accuracy and Demand Forecasting for Saudi Corporate SectorsMany companies are facing challenges in forecast uncertainty and how to deal with market fluctuations specially in crises. In this thesis, different kinds of Saudi companies were selected from Tadawul to evaluate their forecast accuracy of Earning Before Interest and Taxes (EBIT) with two regressors from (firm specific variables) such as Operating Cost and Firm Size, and two regressors from (macro-economic variables) such as Growth and Inflation rate. Any corporate entity can create opportunity to look to enhance their operation and performance along with customers forecasting range to improve full cycle of supply chain profitability. This research aims to find the optimum forecast efficiency based on two kinds of quantitative models which are Panel Linear Regression method and Generalized Method of Moments (GMM). In order to assess the reliability of the results, Descriptive Statistical Analysis and Unit Root Test were conducted. So, after conducting both models, it shows that both models reflect high efficiency of forecast accuracy for EBIT because of the close to actual result for the in-sample data. The data provided was as panel data for around 10 years of quarter base for most effective 18 companies in 4 varied sectors.
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System and method for identification of fingerprintsA method for automated fingerprint identification and special purpose programmed computer for carrying out the method are disclosed. The method and system comprise identifying a scar region in a set of pixels in a fingerprint image by using a second order Gaussian derivative filter parameterized using standard deviation, wherein the scar region has a width greater that the width of a regular ridge or a valley of separation between ridges; wherein a boundary, intensity, and flow direction of each pixel is calculated; each pixel being connected to a next adjacent pixel using flow co-ordinates and flow directions; wherein the Gaussian derivative filter has an output and the output is thresholded to create an output mask with value=1 at the scar regions and value=0 outside the scar regions; and changing the intensity of pixels in the identified scar region with the intensity of the nearest boundary pixel until the intensities of all the pixels in the scar region are changed to the intensity of their flow direction identified boundary pixels.
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An Entrepreneurial Approach for Government Employee Family Welfare in Developing CountriesDeveloping countries like Pakistan face challenges of payment of sufficient benefits at the superannuation to their government employees. Anticipating this the employees resort to unfair practices in an endeavour to safeguard own and family’s future post retirement. This paper identifies the problem and proposes a solution whereby the government has minimal resource investment and yet their employees and families can generate revenues on continual basis through productive family concept. The model is proposed for Khyber Pukhtoon Khwa (KPK) province police department initially and can be replicated for other government departments and countries. The concept can generate a number of jobs and raise the economic conditions at micro levels thus contributing nationally.