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Topic Review
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Peer Reviewed Entry
Video Entry
Topic Review
Sustainable Consumption and Value Orientations
Sustainable consumption refers to consumption choices that are made by consumers who are considering environmental, social and/or ethical issues during their purchase decision. When engaging in sustainable consumption, consumers assess whether products are benevolent to the environment, recyclable or conservable, and responsive to social, ecological and ethical concerns. Personal value orientations capture the importance that individuals attach to certain general values and the extent to which individuals adhere to these values as guiding principles in their lives. Three types of values have been associated with pro-environmental behaviour: egoistic (threats to oneself), social–altruistic (threats to others), and biospheric (threats to nature or the environment).
1.5K
01 Jun 2021
Topic Review
Entrepreneurship in Times of Crisis
Entrepreneurship represents the views, attitudes and actions of an individual that desires to create or extract value from a perceived opportunity. This usually manifests through the individual’s willingness to face risk through the form of starting a business organization. Entrepreneurship plays a key role in transforming the economy and society by stimulating economic development, testing innovative ideas, creating new jobs, and by enriching the quality of life and human existence.
1.5K
15 Oct 2021
Topic Review
Buddhist Tourism
Religious tourism is a distinct tourism product with significant cultural implications. The excavation and transmission of cultural meanings lie at the heart of its growth. The sustainable development of religious tourism is fundamental in the sustainable development of its culture. In fact, Buddhist tourism is thriving in Asia, particularly in India, Nepal, South Korea, and Thailand, as a form of religious tourism. Social, political, and cultural life in these countries has been profoundly affected.
1.5K
25 Mar 2022
Topic Review
Elderly Consumers
For elderly consumers, the age-related changes drive their specific choices of products and services, which tend to be different from younger adults, and, therefore, have major significance in consumer behavior and marketing.
1.4K
16 Apr 2021
Topic Review
Bioethanol for Cooking
Bioethanol has been identified by the academic literature and in the development community as a promising clean fuel to replace charcoal. Bioethanol is one of the cooking fuels considered to be clean based on the 2014 WHO guidelines, which aim to reduce the health risks associated with exposure to indoor air pollution from household fuel combustion.
1.4K
19 Oct 2023
Topic Review
Renewable Energy Sources
Renewable energy sources (RES) have many advantages: (a) increase in RES consumption provides reliability on energy supply and reduces dependence on energy import; (b) larger use of RES is an important measure for the reduction of energy-related greenhouse gas (GHG) emissions; and (c) deployment of RES creates additional employment, stimulates regional economic development, and contributes to the implementation of modern technologies. Various aspects of RES deployment have been analysed in the relevant literature. Currently, the most important aspects are: (a) the role of RES consumption on economic growth; (b) the effect of RES deployment on the decline of energy-related GHG emissions.
1.4K
23 Nov 2021
Topic Review
Green Innovation and Corporate Social Responsibility
Indonesia’s government policy recommends that medium and large companies carry out corporate social responsibility programs. These programs provide sustainability for the company because they can involve community social relations, economic growth, and increasing environmental awareness. Corporate social responsibility can increase green innovation in companies with the stability of environmentally friendly materials, emission reductions for the surrounding community, and saving energy use. Corporate social responsibility has a positive effect on firm performance because the company has maintained the continuity of the process. After all, it has a harmonious relationship with the community. Furthermore, green innovation positively affects firm performance because the company can reduce energy use and utilize environmentally friendly resources. Therefore, green innovation can mediate the influence of corporate social responsibility and firm performance.
1.4K
31 May 2022
Topic Review
Bioeconomy and Circular Economy
The joint application of bioeconomy (BE) and circular economy (CE) promotes the sustainable use of natural resources, since by applying a systemic approach, it improves the efficiency of these resources and reduces the impact on the environment. Both strategies, which belong to the area of green economy, provide a global and integrated approach towards environmental sustainability, as regards the extraction of biological materials, the protection of biodiversity and even the primary function of food production in agriculture.
1.4K
04 Jul 2021
Topic Review
Crowdfunding
Crowdfunding is the practice of funding a newly created firm or project by raising funds from a large number of people. It is usually performed online. In 2009 the volume of funds raised using crowdfunding was negligeably small. Crowdfunding raised $34.4 billion in 2015. Some analysts predict that crowdfunding market size will grow at an annual rate of 27.8% and will surpass venture capital investments in the near future (Miglo and Miglo, 2019).
1.3K
29 Oct 2020
Topic Review
Private Equity Secondary Market
In finance, the private equity secondary market (also often called private equity secondaries or secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds. Given the absence of established trading markets for these interests, the transfer of interests in private equity funds as well as hedge funds can be more complex and labor-intensive. Sellers of private equity investments sell not only the investments in the fund but also their remaining unfunded commitments to the funds. By its nature, the private equity asset class is illiquid, intended to be a long-term investment for buy-and-hold investors, including "pension funds, endowments and wealthy families selling off their private equity funds before the pools have sold off all their assets". For the vast majority of private equity investments, there is no listed public market; however, there is a robust and maturing secondary market available for sellers of private equity assets. Buyers seek to acquire private equity interests in the secondary market for multiple reasons. For example, the duration of the investment may be much shorter than an investment in the private equity fund initially. Likewise, the buyer may be able to acquire these interests at an attractive price. Finally, the buyer can evaluate the fund's holdings before deciding to purchase an interest in the fund. Conversely, sellers may seek to sell interest for various reasons, including the need to raise capital, the desire to avoid future capital calls, the need to reduce an over-allocation to the asset class or for regulatory reasons. Driven by strong demand for private equity exposure over the past decade, a vast amount of capital has been committed to secondary market funds from investors looking to increase and diversify their private equity exposure.
1.3K
28 Sep 2022
Topic Review
Peer Reviewed
The Emergence of Neuroleadership in the Knowledge Economy
“The Emergence of Neuroleadership in the Knowledge Economy” explores the field of neuroleadership in today’s constantly changing economy, highlighting the transition from traditional leadership to neuroleadership. Neuroleadership renders itself as a novel approach to the leadership theory, which brings together insights from neuroscience, psychology, and leadership studies. It emphasizes understanding the workings of the brain and human behavior in order to drive leadership effectiveness, at individual, team, and organizational levels. Additionally, the knowledge economy is characterized by the significant role of knowledge and intellectual capital when it comes to driving economic growth and organizational development. It highlights the creation, dissemination, and sharing of knowledge as important pillars for productivity and competitive advantage, shaping industries and transforming leadership traditional models. Through an extensive literature review and by employing the Dulewicz and Higgs leadership model, the authors showcase what are the intellectual, managerial, and emotional competencies that make neuroleadership the next natural step in leading teams and organizations. This article proposes a comparative matrix between traditional leaders and neuroleaders, and highlights a novel framework for better understanding neuroleadership.
1.3K
02 Jul 2024
Topic Review
Economic Feasibility: Photovoltaic Energy Investments
The introduction of environmental impact targets around the world has highlighted the need to adopt alternative sources of energy, which can supply the demand and mitigate the damage caused to the environment. Solar energy is one of the main sources of alternative energy, and it is considered an abundant source of clean energy. However, to facilitate and encourage investors interested in the installation of photovoltaic energy systems for electricity production, it is essential to evaluate the factors that impact the economic viability of the projects.
1.3K
10 Sep 2020
Topic Review
Low-carbon tourism supply chain
Low-carbon tourism is a kind of way to reduce the "carbon" tourism, that is, in the tourism activities, tourists try to reduce the carbon dioxide emissions. That is, green travel based on low energy consumption and low pollution, advocating the minimum reduction of carbon footprint and carbon dioxide emissions during travel, is also a deep-seated performance of environmental tourism. This paper integrates a low-carbon tourism supply chain consisting of a low-carbon tourist attraction (LTA) providing a low-carbon service and an online travel agency (OTA) responsible for big data marketing. Consumers may also encounter sudden crisis events that occur in the tourist attraction during their visit, and the occurrence of crisis events can damage the low-carbon goodwill of the tourist attraction to the detriment of the sustainable development of the supply chain. Therefore, this paper aims to investigate how tourism firms can develop dynamic strategies in the pre-crisis environment if they envision the occurrence of a crisis event and how crisis events affect interfirm cooperation. Our findings provide important managerial insights for enterprises in the tourism supply chain and suggest that they need to not only become aware of the tourist attraction crisis events, but also, more importantly, they need to adjust their appropriate input strategies based on the degree of anticipation of the crisis.
1.3K
13 Aug 2021
Topic Review
COVID-19 Infections and Fake News
The world has been changed irrevocably by the infectious severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) that causes the coronavirus disease 2019 (COVID-19) that was first identified in Wuhan, Hubei province, China in December 2019. COVID-19 affects everyone everywhere. A separate and significant, though not necessarily as infectious, malady affecting many, though not all, individuals worldwide, is “Fake News”, known alternatively as yellow journalism, junk news, pseudo news, false news, alternative facts, hoaxes, misinformation, disinformation, fabricated news, corrupt news, unfathomable nonsense, or outright lies, which are typically based on provably false statements, and are distributed widely through mainstream news media and social media. The commentary presents a brief history of COVID-19 and fake news, and existing international efforts to deal with each of these infections.
1.2K
17 Feb 2021
Topic Review
Anchoring
Anchoring or focalism is a cognitive bias where an individual depends too heavily on an initial piece of information offered (considered to be the "anchor") when making decisions. Anchoring occurs when, during decision making, an individual depends on an initial piece of information to make subsequent judgments. Those objects near the anchor tend to be assimilated toward it and those further away tend to be displaced in the other direction. Once the value of this anchor is set, all future negotiations, arguments, estimates, etc. are discussed in relation to the anchor. This bias occurs when interpreting future information using this anchor. For example, the initial price offered for a used car, set either before or at the start of negotiations, sets an arbitrary focal point for all following discussions. Prices discussed in negotiations that are lower than the anchor may seem reasonable, perhaps even cheap to the buyer, even if said prices are still relatively higher than the actual market value of the car. The original description of the anchoring effect came from psychophysics. When judging stimuli along a continuum, it was noticed that the first and last stimuli were used to compare the other stimuli (this is also referred to as "end anchoring". This was applied to attitudes by Sherif et al. in 1958 in their article "Assimilation and contrast effects of anchoring stimuli on judgments".
1.2K
18 Oct 2022
Topic Review
Cross-Sectoral Digital Platform and Innovation Ecosystem Development
A cross-sectoral ecosystem is considered to be a mechanism for the cross-sectoral interaction of an unlimited number of actors of a certain technological sector of the economy in a platform-based single digital circuit that provides digital tools and services to ensure accelerated growth and reduce costs through synergy from multilateral interaction based on common rules and principles of self-government, digital transparency, networking, and equality for all participants.
1.2K
12 Nov 2021
Topic Review
Traffic Congestion
Traffic congestion is ubiquitous in large cities around the world; where it leads to increased air pollution, vehicle noise, and travel time for private and public transportation. These challenges reduce the well-being of both road users and urban populations.
1.2K
07 Jul 2021
Topic Review
Current Account
In economics, a country's current account is one of the two components of its balance of payments, the other being the capital account (also known as the financial account). The current account consists of the balance of trade, net primary income or factor income (earnings on foreign investments minus payments made to foreign investors) and net unilateral transfers, that have taken place over a given period of time. The current account balance is one of two major measures of a country's foreign trade (the other being the net capital outflow). A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both government and private payments are included in the calculation. It is called the current account because goods and services are generally consumed in the current period.
1.2K
24 Nov 2022
Topic Review
Networked High-speed Rail and Economic Growth in China
In China, an adequate and mature high-speed rail system has come into being, despite a relatively late beginning in the 1990s. The panel threshold model is adopted to investigate whether the economic growth becomes stronger and more equal among China’s cities under the impact of the rapidly expanding high-speed rail network. It was showed that high-speed rail can promote economic growth, while cities with higher pGDP can benefit more from high-speed rail. Another conclusion can be drawn that high-speed rail can intensify regional disparities, yet the marginal economic gap tends to decline as the high-speed rail network gets more optimized.
1.2K
28 May 2022
Biography
Prakash Divakaran
Dr. Prakash Divakaran Is an Indian Entrepreneur, Professor, Supply Chain Expert, Keynote Speaker, and Pro-Vice chancellor at Himalayan University. He is the Director and CEO of Infinite Global Research Conference Pvt.Ltd Pune, India. A Graduate of Business Administration, Ph.D. from Madurai Kamaraj University. Dr.Prakash Divakaran is Credited with several Books and Articles on Supply Chain, Econ
1.2K
23 Sep 2022
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