Search results for "Emerging"
showing 10 items of 640 documents
Interest rate co-movements, global factors and the long end of the term spread
2012
The disconnect between rising short and low long interest rates has been a distinctive feature of the 2000s. Both research and policy circles have argued that international forces, such as global monetary policy (e.g. Rogoff, 2006); international business cycles (e.g. Borio and Filardo, 2007); or a global savings glut (e.g Bernanke, 2005) may be responsible. In this paper, we employ recent advances in panel data econometrics to document the disconnect and link it explicitly to the existence of a global latent factor that dominates the long end of the term spread for the recent period; the saving glut story emerges as the most likely contender for the global factor.
Information Flows Among the Major Stock Market Areas
2001
The relationship between the index returns of the major stock markets has been analysed in many papers. These studies usually examine lead–lag relationships between markets, without distinguishing the influencing ability and the sensitivity of each of the markets. Additionally, these studies use indices that are not directly comparable — either because of the way the indices are calculated or because of the number of companies and sectors used to construct them. This paper addresses both points. First, all the analyses have been made using homogeneous indices designed by Morgan Stanley Capital International. Secondly, the information flow has been studied by applying the model proposed by P…
Navigating uncharted waters: Designing business models for virtual and augmented reality companies in the medical industry
2021
Abstract New technologies are at the heart of industry transformation. Virtual and augmented reality companies provide fundamentally new ways of communication, treatment, education, and specialist training within the medical industry. However, business models for new ventures that target the medical industry have received scant attention within academic research. Using a multiple case study approach, we analyze how virtual and augmented reality firms create value for their customers in the medical industry. In all, we have studied eight companies that offer different types of solutions for their target segments. The results of the analysis are four design elements consisting of twelve posit…
Online Academic Networks as Knowledge Brokers: The Mediating Role of Organizational Support
2018
Placing online academic networks in the framework of social, cultural and institutional “deterritorialization,” the current paper aims at investigating the functionality of these new forms of transnational and trans-organizational aggregations as knowledge brokers. The emphasis is laid on the influence of human collective intelligence and consistent knowledge flows on research innovation, considering the role of organizational support within higher education systems. In this respect, the research relied on a questionnaire-based survey with 140 academics from European emerging countries, the data collected being processed via a partial least squares structural equation modelling technique. E…
Key Information Systems Management Issues in Estonia for the 2000s and A Comparative Analysis
2006
AbstractThis study reports key information system (IS) management issues in Estonia, for a second time since 1993. The study enlists the views of knowledgeable practitioners from both the information technology (IT) and non-IT (business managers) fields. The primary objective was to compare and contrast the findings in the previous study with the present effort. Other secondary objectives included investigating the views across professional classifications and sectors. Further, a comparison between Estonia (an emerging economy) and Norway (a developed country) was made. The findings of the study indicate the following: 1) the past decade has produced salient changes in the ranking of key IS…
Discovery privacy threats via device de-anonymization in LoRaWAN
2021
LoRaWAN (Long Range WAN) is one of the well-known emerging technologies for the Internet of Things (IoT). Many IoT applications involve simple devices that transmit their data toward network gateways or access points that, in their turn, redirect data to application servers. While several security issues have been addressed in the LoRaWAN specification v1.1, there are still some aspects that may undermine privacy and security of the interconnected IoT devices. In this paper, we tackle a privacy aspect related to LoRaWAN device identity. The proposed approach, by monitoring the network traffic in LoRaWAN, is able to derive, in a probabilistic way, the unique identifier of the IoT device from…
Switching Synchronization and Metastable States in 1D Memristive Networks
2019
One-dimensional (1D) memristive networks are the simplest type of memristive networks one can imagine. Yet, despite their morphological simplicity, such networks represent an important class of memory networks characterized by the strongest interaction among the network components. This chapter reviews several important dynamical features of 1D memristive networks composed of realistic threshold-type memristive systems. First of all, the accelerated and decelerated switching regimes of memristive systems are introduced and exemplified. Secondly, the phenomenon of switching synchronization is presented. Finally, it is shown that metastable transmission lines composed of metastable memristive…
The transition from agricultural to Biosystems Engineering University Studies in Europe
2011
This paper describes the main result produced by the ERABEE (Education & Research in Biosystems Engineering in Europe) Thematic Network. The ERABEE Thematic Network was a follow-up of a previous Thematic Network called USAEE (University Studies of Agricultural Engineering in Europe) and both were co-financed by the European Community in the framework of the LLP Programme (Lifelong Learning Programme). The innovative and novel goal of the ERABEE Network was to promote the critical and inevitable transition from the traditional discipline of Agricultural Engineering to the emerging discipline of Biosystems Engineering, exploiting along this direction the outcomes accomplished by the the earli…
The Influence of Institutionally Embedded Ownership on Anglo-American Corporate Governance Migration into Emerging Economy IPO Firms
2017
We argue that the corporate governance of emerging economy IPO firms is influenced by firm-specific institutionally embedded block ownership groups. Applying an extended institutional logic perspective and using a mixed-effects ordered probit model, our findings from 190 IPO-firms from 22 African countries 2000‒2016, support the notion that five major block owner categories (corporate, private equity, non-executive, business group, state) exerts very different influence on African firms’ degree of adoption of Anglo-American corporate governance measures. We find that the influence from the various block owner groups is significantly moderated by institutional quality and tribalism, but to d…
HOME COUNTRY INSTITUTIONAL EFFECTS ON INTERNATIONAL COMPETITIVENESS
2023
La qualità delle istituzioni di un Paese ha un effetto significativo sulla sua performance economica. Istituzioni forti possono garantire un'allocazione efficiente delle risorse, ridurre l'incertezza e gli attriti e favorire il coordinamento tra gli agenti economici. Al contrario, istituzioni deboli determinano una riduzione degli investimenti, un rallentamento della crescita della produttività e una minore crescita del PIL. Buone istituzioni favoriscono le sinergie tra gli investimenti diretti esteri e le imprese locali, nonché le ricadute di produttività. Al contrario, istituzioni poco sviluppate possono interferire con le attività produttive e impedire lo sfruttamento delle ricadute di c…