Global Advantage Research Articles

Exploration of Technological Innovation and Market Strategy of Auction Houses

The global art auction market has long been dominated by two major auction houses, Christie's and Sotheby's, whose global networks and expertise in high-end art transactions have established their leading position. However, in recent years, the rise of the Chinese market has injected new vitality into the global art auction landscape. Although local competitors such as China Guardian and Poly Auction have performed well in regional markets, they face cultural and economic context constraints in their global expansion. This study reviews the latest developments in the art auction industry, with a particular focus on the strategic choices of auction houses and potential opportunities for international competition, while exploring the profound impact of technological innovation on transaction efficiency, market expansion, and customer experience. The study found that Western auction houses rely on diversified asset portfolios and technological innovation to maintain their global advantages, while Chinese auction houses attract emerging consumer groups through specialization in traditional art fields and digital tools. However, the rapid development of technology may invalidate some of the research conclusions, and it is recommended to conduct long-term research in the future to reveal the continued impact of technological changes on the auction industry.

Research on Civil Servant Incentive Mechanism

Civil servants are the largest group to participate in the exercise of state power. With the advent of globalization, the importance of civil servants to the country is becoming more and more obvious. Whether civil servants have profound cognitive power, strong execution power and United spirit is related to the administrative efficiency of the government. Therefore, it is very important to study the incentive mechanism of civil servants. In recent years, the incentive mechanism of civil servants in China has gradually moved towards a scientific and institutionalized track. The motivation of civil servants should adhere to the organic unity of material motivation and spiritual motivation, and at the same time pay attention to the principle of unifying the merit system, incentive standards and incentive effects of grassroots civil servants. However, in reality, there are still some problems in the civil service system, such as the design of salary system is not strong, the design of promotion system is insufficient for grassroots civil servants, the design of training system can not effectively promote the career development of grassroots civil servants, and there is a lack of perfect fault-tolerant and error-correcting mechanism for civil servants. Incentive is conducive to civil servants to give full play to their potential, show their talents and perform their duties. Therefore, it is very important to achieve effective incentives for civil servants.

Cultural-Based Spatial Management: Lesson Learnt from The Collective Intelligence of The Gayo Community, Aceh

Cultural spaces represent a heritage passed down through generations. Today, these cultural spaces are in a worrying state, with the advent of globalization and the increasing influence of foreign cultures. Recognizing this situation, researchers aim to contribute and participate in examining the Gayo community's ability to manage these cultural spaces, as the Gayo are known for their rich cultural spaces. This study aims to explore the knowledge the Gayo people possess in managing cultural spaces and the methods by which this knowledge is passed down. Furthermore, this research intends to equip the Gayo community with insight derived from the cultural spaces that have been inherited over the years. The knowledge of these cultural spaces, when passed to future generations, becomes a foundation for the sustainability of the Gayo community's way of life. The research employs an ethnographic approach, aimed at exploring social realities in a natural context. The findings indicate that the Gayo community has a set of rules known as always, which forms the basis for determining their living spaces managed based on cultural principles. Among the Gayo community, there are five collective living spaces that have become the foundation of their way of life: Bur Perutemen, Bur Peruweren, Wih Aunen, Bur Mulo, and Hutan Keuramat.

Unpacking the Environmental Cost: The Impact of Tourism, Globalization, and Urbanization on Carbon Emissions in the Most Visited Countries

This study investigates the impact of Tourism, Globalization, Urbanization, Energy, FDI and Capital formation on carbon emissions of the top 10 most visited countries. The data of ten most visited economies has been collected from WDI data indicators for 2010-2023. The results reveal that both tourism and urban population growth are affecting positive CO2 emission. The regression analysis highlights the significant positive role of technological advancements in tourism and fiscal efficiency fossil fuel in driving growth, consistent emphasizing their importance in fostering innovation and economic resilience. Conversely, globalization (GLOB) and urbanization (UPG) show substantial negative effects, reflecting challenges like inequality, resource strain etc. The mixed results for FDI and GFCF suggest their benefits depend on contextual factors like institutional quality and effective governance. Globalization has a detrimental effect upon CO2 emissions. Overall, the findings point to necessity of focused strategies to handle urbanization issues, capitalize on technology breakthroughs and maximize the advantages of globalization while fortifying the financial and fiscal institutions.

Meeting Global Trends in Nigerian Architectural Education: A Case for The Green Building Concept

The teaching of architecture as a course of study in a Nigerian Institutions dates back to the 1960s’. Although slight changes were being effected in the ensuing years, the curriculum on architectural education has largely remained the same. With the advent of globalization in more recent times however, architecture has been presented with new opportunities, challenges and trends. This paper identifies one of such contemporary issues as the green building concept. The concept, developed as a reaction to global outcry on the negative impact of buildings on the environment, imbibes eco-friendliness as its prime design philosophy. This paper however observes that although the green building concept currently attracts a tremendous amount of attention at the global level, the concept has not been commensurately reflected in the curriculum of architectural education in Nigeria. The paper therefore recommends a review of the curriculum to meet the new challenges and opportunities been presented by the green building concept. This it believes will keep architectural education in Nigeria abreast with an issue of current global interest and consequently enhance the global relevance of the Nigerian graduate architect.

Boosting vehicular connectivity through resource allocation algorithm based on Heterogeneous Agent Proximal Policy Optimization

Vehicle-to-Vehicle (V2V) communication can not only provide unrestricted inter-vehicle information transmission, but also improve spectrum utilization efficiency. However, it also brings uncontrollable co-channel interference, which can not guarantee the quality of service of V2V communication. In this paper, we propose an intelligent resource allocation scheme for V2V communication to improve vehicle connectivity. To enhance cooperation among vehicles and avoid excessive co-channel interference between them, we propose an asynchronous resource allocation method where vehicles choose to send or not to send data based on observed environmental information to ensure stable overall performance. Furthermore, we present a novel resource allocation algorithm based on Heterogeneous Agent Proximal Policy Optimization (HAPPO) to solve the resource allocation problem in asynchronous vehicular networks. The HAPPO algorithm calculates the global advantage function when each agent makes an action during the training process to ensure that the action taken contributes to the overall performance improvement. Our proposed approach improves the robustness of V2V communication by reducing co-channel interference while maintaining stable overall performance. Simulation results show that the proposed approach can effectively improve the V2V communication connectivity and reduce the packet loss rate compared with the existing methods.

THE USE OF MEDIA AND DIGITAL TECHNOLOGIES IN LEARNING ENGLISH AS A FOREIGN LANGUAGE

English has become a global language and has taken a significant place in the world. With the advent of globalization, the demand for learning English as a foreign language (FL) has increased dramatically. The use of media and digital technologies is becoming more and more popular in learning English as FL. In this article, we will explore the use of media and digital technologies in learning English as FL. The articlediscusses the increasing popularity of digital resources such as learning apps, online platforms, and multimedia tools among young learners and adults. It emphasizes the convenience and suitability of these resources in facilitating language acquisition and enhancing English proficiency. Furthermore, the articleexplores the importance of learner interest and satisfaction in utilizing social media for language learning.

“Have we lost a part of our soul … [to] the result on the bottom line”? Reconfiguring professional spaces and the development of lawyers’ pro bono work as a professional project in Denmark

ABSTRACT Danish lawyers have long positioned themselves as fundamental pillars of the Rechtsstaat, portraying their independence and adherence to professional ideals as central to serving the public good. However, this traditional image has been increasingly challenged by the rise of large law firms taking advantage of deregulation and globalization. This has placed lawyers under a cross-pressure forcing them to compromise on their traditional defining characteristics. Large law firms, serving as advisors to clients such as major corporations and organizations, have distinguished themselves from the rest of the legal field with new professional projects. To regain some of the lost credibility, the largest law firms reformulated voluntary work as a professional project from being legal aid to individuals to US models of pro bono directed at NGOs and charity leading to further differentiation between lawyers. This article examines this dilemmatic cross-pressure between the differentiation of professional spaces in Denmark and the development of voluntary work as professional projects to regain the lost credibility as a profession working for the common good. It is based on a qualitative document analysis of 632 issues of the Danish Bar and Law Society's trade magazine for the period between 1976 and 2018 and qualitative interviews.

A Critical Examination of Globalization's Impact on the Economies of Sub-Saharan African Countries

This essay critically examines the impacts of globalization on the economy of Sub-Saharan Africa. Through the method of literature review, this paper explores the impact of globalization on international trade, foreign investment, and local development trends, while also emphasizing the negative consequences, such as economic disparities and cultural shocks. The analysis delves into theories including Friedman's "The World is Flat" and Wallerstein's world systems theory, comparing their global perspectives with the realities in Sub-Saharan Africa. Case studies illustrate the dual nature of globalization: its contribution to economic growth and the emergence of socioeconomic obstacles. The essay provides policy recommendations to effectively utilize the advantages of globalization while mitigating its negative effects, aiming to achieve inclusive economic growth and save the local cultures and traditions in Sub-Saharan Africa. The significance of this paper is to claim that although there are negative impacts of globalization, the benefits it brings are more important and that globalization should occur in Sub-Saharan Africa.

ECONOMIC GLOBALIZATION, ECONOMIC GROWTH, AND HUMAN CAPITAL : EMPIRICAL EVIDENCE USING THREE STAGE LEAST SQUARE IN INDONESIA

The pace of globalization is increasing rapidly and dynamically as time goes by. Indonesia, located takes advantage of globalization to encourage economic growth. However, over the last decade, from 2000 to 2019, Indonesia's economic globalization index has tended to decline along with the increase in the global economic globalization index. Indonesia's economic growth has been relatively stagnant. Human capital, as the primary input in Indonesia's economic system, is suspected to be suboptimal. In the National Medium-Term Development Plan (RPJMN) for 2020-2024, economic growth and human capital are the main focus in achieving national prosperity. Human capital in this study uses health indicators as a proxy for assessing productivity and educational investment approaches. Data is transformed to meet the stationarity requirements of time series data. The study employs the Three Stage Least Square (3SLS) simultaneous equation method to examine total and direct effects. The estimation results show that changes in globalization growth are directly influenced by changes in economic growth, exchange rate growth, and inflation. Changes in economic growth are directly influenced by changes in exchange rate growth, globalization index growth, and inflation. Human capital is directly influenced by changes in globalization index growth, changes in economic growth, inflation, previous-year inflation, and changes in unemployment rates

Effects of globalization and financial inclusion on energy intensity: The case of emerging economies

This research examines the effects of globalization and financial inclusion on the energy intensity of selected sixteen emerging economies by controlling the effects of economic growth, inflation, and stock market capitalization. The study period covers twenty-two years, starting from 2000 and ending in 2021, providing a complete perspective on the changing dynamics inside these countries. The study employs the novel technique of Method of Moment Quantile Regression (MMQR) to empirically assess the interlinkages between the employed factors on energy intensity. The findings suggest that when economies expand, engage in global trade, and encounter inflationary pressures, they tend to exhibit remarkable changes in energy intensity. The results find negative effects of globalization, GDP, and inflation on energy intensity. In contrast, a positive correlation exists between financial inclusion, stock market capitalization, and energy intensity. Policies must be designed with the objective of harnessing the advantages of globalization in order to enhance energy efficiency, encompassing elements such as technology transfer and regulatory harmonization. Concurrently, it is imperative to establish a sound relationship between financial inclusion and the expansion of stock markets, while also integrating sustainable energy practices.

The Impact of Corporate Social Responsibility on Total Factor Productivity

With the advent of globalization, modern enterprises, as crucial pillars of socio-economic development, directly influence their own economic benefits and societal stability. In an increasingly competitive market, enterprises should not only pursue the maximization of economic benefits but also fulfill their social responsibilities, thereby shaping a positive social impact and gaining wide recognition across various sectors. Thus, the concept of corporate social responsibility has emerged, becoming an indispensable part of corporate development strategies. Concurrently, total factor productivity, as a key indicator of enterprise production efficiency, is crucial for long-term development. Improvements in total factor productivity not only enhance a company's competitiveness but also drive overall socio-economic progress. Therefore, exploring the impact of corporate social responsibility on total factor productivity not only helps to understand the intrinsic connection between the two but also provides strong theoretical support and practical guidance for achieving sustainable development.

Analysis of the “Global Niche Top” Strategy of Regional Companies in Japan – RHEON Automatic Machinery Co., Ltd.

Abstract This paper illustrates how Rheon Automatic Machinery Co., Ltd., the largest manufacturer of food molds in the world, uses operational and manufacturing complexity to create sustainable competitive advantage in a highly volatile business environment. In these days of increased digitalization, high-tech and intelligent business solutions, it is still of interest to review some rather analogue, but highly successful manufacturing companies which do not rely on high-tech to charm their customers, create employee engagement, global advantage and social impact, while nourishing sustainably business opportunities. This research further explores core elements of talent attraction, retention, workforce planning and development, as well as organizational development techniques unique to Rheon Automatic Machinery Co., Ltd.

Culinary Authenticity and Diaspora: A Preliminary Enquiry

Food has traversed across boundaries with the advent of globalization. Food from various countries is now accessible to people across the globe, irrespective of the vast difference in culture or taste. Exposure to new kinds of food has become commonplace since migration, food trade and marketing expanded. Diasporic groups who migrate for different reasons carry their culture along, that they either spread the same in the immigrant country or seek nostalgic relief through food, lifestyle, relationships etc. Nonetheless, the mother culture and corresponding food habits do travel with people, more so if their occupation is related to food. While that happens, there’s always the burning question of authenticity of food. Some believe that a dish cooked by a native of a particular cuisine is authentic, some others consider use of traditional ingredients makes a dish authentic. In the context of globalisation, culinary ways, recipes and ingredients are borrowed and integrated across cultures. Due to these transactions, presuppositions on culinary authenticity are plenty and dynamic among stakeholders of the food industry, be it an immigrant consumer, culinary expert, food critic or a restaurateur. This paper attempts to study the various aspects concerning culinary authenticity and diaspora, analysing viewpoints of the stakeholders.

Impact of Globalization on Women Empowerment in the Presence of Corruption

Positive spillover effect of globalization ascends women empowerment but under corruption benefits of global integration on women empowerment become vulnerable. Results attain through instrumental variable regression analysis reveal that under the presence of corruption benefits of globalization on women empowerment are significantly reduce by 18 percent. This outcome sorts corruption as main hindrance element in trickle-down the fruitful advantages of globalization on women’s betterment. More corrupt the country, less benefits of globalization will be translated to women, and less will be the women empowerment in the country, this fact implies relevance for the policy formalization. Moreover, economic, political and social globalization has positive and significant effect on women empowerment.

Social, economic, and demographic factors drive the emergence of Hinglish code-mixing on social media

The advent of globalization and adaptation to multiple cultures has emanated a fusion of Hindi and English, casually known as Hinglish. The phenomenon of mixing multiple languages (such as Hindi and English) within a single utterance is often called code-mixing. Lately, code-mixed Hinglish has emerged as a dominant conversational language for Hindi-speaking citizens both online (on social media platforms) and offline. Although previous studies investigated such linguistic traits of Hinglish over the past few years, some pertinent questions still need to be answered: How did Hinglish evolve? And, what are the factors behind the evolution of Hinglish? Does the fusion of English impact all Hindi words similarly? To this end, we explore the empirical and statistical shreds of evidence behind the rise of Hinglish on social media such as Twitter. We show that adopting Hinglish depends on several socio-economic and demographic factors. We further formulate dynamic models to explore the socio-economic factors driving the growth of Hinglish, derive the future growth of Hinglish in the upcoming years, and estimate the propensity of users to change their linguistic preferences. Our study highlights that the Hinglish population has evolved steadily between 2014 and 2022, with an annualized growth rate of 1.2%, and the usage of Hinglish on Twitter has increased annually by 2%. Further, we find that the impact of Hinglish evolution is not uniform across different word groups and affects the contextual meaning of different words differently. Although our findings are specific to the Indian Hinglish community, our study can be generalized to understand the evolution and dynamics of other code-mixed languages, such as Spanish-English or Chinese-English.

Adaptation in the New Challenges of Globalization in Game and Animation Industry

During the Covid-19 pandemic, the absorption rate of alumni in the industry has decreased. Alumni who are already working, have independent studios, or work as freelancers are also impacted by the deteriorating economic conditions in Indonesia. Competition among graduates in the creative industry, including UM Animation Game D3 graduates, is intensifying, particularly in the local sphere. If not anticipated, many of them may face unemployment. Globalization and technological developments have enabled the game and animation industry to thrive during the pandemic. Therefore, the purpose of this community service activity is to organize a Sharing and Discussion event to provide a space for discussion for workers in the creative industries, especially in the field of Games and Animation who have been successful during the pandemic with UM Animation Game alumni. The methodology employed in this initiative involves sharing and discussion sessions to elicit insights from alumni and presenters. This study concludes that alumni who working as freelancers, studio owners, and industry employees face career constraints and a declining market during the pandemic. This is because they do not take advantage of globalization to increase career paths to capture a wider market. On the other hand, according to the presenters, to be able to take advantage of globalization, alumni should have a good portfolio and be presented professionally, be involved in international scale forums and activities, take advantage of international scale networking platforms, have a good attitude at work, have the commitment to continue to develop, and master the international language. Keywords: animation game alumni, globalization, animation game industry

The Impact of Educational Investment on Economic Development in Society

This paper explores in depth how China's investment in education since the 21st century has had a significant impact on the country's economic development. With the advent of globalization and knowledge-based economy, education has become a key factor to promote social progress and enhance national competitiveness. This paper analyzes the financial support of the Chinese government in basic education, higher education and vocational and technical education, and examines the positive effects of these investments on the optimization of the labor market, scientific and technological innovation capacity and the overall economic structure. In future development, more attention should be paid to improving the per capita education level rather than merely pursuing quantitative expansion. This means that we must make reasonable policies to guide resources to poor areas and narrow the gap between urban and rural areas. Improving the continuing education system; Encourage enterprises to participate in vocational and technical training; And to strengthen the construction of teachers and curriculum reform and other soft power investment. Only such a comprehensive and in-depth education reform and development strategy can ensure the steady and rapid growth of the national economy while having the inherent resilience to resist external risks and challenges, and achieve sustainable prosperity in the true sense.

Gender differences in global advantage effect in school-aged children

This study investigated age and gender differences in global-local processing (the perception of parts forming a whole) in middle childhood. While there is a consensus on a global advantage effect regarding priority, speed, and accuracy of processing, its universality is debated. A Navon-type selective attention task with hierarchical stimuli was administered to 199 students aged 9 to 12 years. Repeated measures mixed ANCOVA with reaction times and accuracy scores showed that only boys exhibited a global advantage effect in speed, while girls demonstrated higher accuracy in both global and local conditions. A trade-off effect was suggested by a complementary analysis using Balanced Integration Score. An improvement with age was found regarding speed and overall performance, with no differential effect between hierarchical levels. These results are presented in the hopes of providing information on gender-specific challenges that can be mitigated through future interventions.

THE FACETS OF GLOBALIZATION IN SOUTH ASIAN ENGLISH FICTION

The changes are crystal clear in every nook and corner of the human domain with greater emphasis on developments. In the path of development difficulties and challenges have placed the lives of people in jeopardy. With the advent of globalization, individuals are placed in the epicentre to comprehend societal transformations. South Asia is witnessed as the most happening domicile because of its caste, creed, colour, religion, languages and nationalistic strategies in the global scenario. The genres of literature are primarily known for portraying diversified tales in spreading pleasure. But in the global facet, it is an instrument to present the world realistically. It acts as a document to inscribe the dreams, dilemmas, problems and predicaments of the globalized world. The literature of South Asia has shed light on stereotypical issues like violence, insecurity, political turmoil and a dearth of national conscience. Hence, the research harvest embarks on the facets of globalization in South Asian English Fiction with eloquent reference to Amitav Ghosh’s The Shadow Lines (1988) and Ahmed Salman Rushdie’s Midnight’s Children (1981) within the contemporary framework.