Industry Ownership Research Articles

NFTs for 3D Models: Sustaining Ownership in Industry 4.0

Digital manufacturing (DM) is actively adopted to the production lifecycles of a variety of critical industries, and this rapid growth has resulted in exponential increase of 3D computer-aided design (CAD) models. Unfortunately, counterfeiting of intellectual property becomes a prominent threat as many 3D designs are accessible online, combined with the proliferation of cheap consumer 3D printers that enable malicious actors to produce non-authentic parts. State-of-the-art techniques to secure manufacturing processes mostly rely on watermarking, which embeds hidden information inside CAD models to prove ownership and authenticity. Nevertheless, such techniques tamper with the model itself, while existing attacks allow removing such watermarks altogether. To address these shortcomings, we integrate signal processing and cryptographic techniques and describe a tailored solution for CAD model ownership and supply chain management. Our approach generates unique identifiers for 3D designs using frequency-domain transforms and employs non-fungible tokens (NFTs) that persist on public distributed ledgers. Our NFTs are implemented on the Ethereum blockchain using smart contracts and their functionality is twofold: (a) authenticate the owner of a CAD model, and (b) enable ownership transfer. To validate our technique, we deployed our smart contract on Ethereum's proof-of-work Ropsten network and demonstrated the applicability of our methodology.

Marketisation, ownership and digitalisation strategies in the sport industry – generic insights and future research

PurposeThe motivation for this paper is to provide a deeper understanding of some of the important and trending topics in the sport industry. Besides this, to consider the changing landscape of ownership, strategies and organisation of several types of sports in the contemporary environment, there is a need for deeper contextual knowledge of how different sport/s, leagues, clubs, associations, teams etc. own, organise and strategise at local to national to regional to international contexts.Design/methodology/approachThis paper introduces the special issue on the sport industry that welcomes three interesting contributions of focusing on the important themes related to the sport industry. They include (1) digital transformation and needed capabilities, (2) fan engagement in a digital way using social media and finally (3) the relevance and relation of social capital in the organisational strategy of sports organisations.FindingsFour generic insights related to the themes and emerging trends in marketisation, ownership and digitalisation strategies in the sport industry are introduced in this paper. The first insight is that sports digitalisation and politicisation significantly impact the strategising, organising and networking activities of sports owners to foster value capture. Secondly, owners’ performance duality of marketisation of their sports clubs and vested business interests unravels the paradoxes of idealism and profit-maximisation. Thirdly, individual sports stars position themselves as an influential platform of value creation through on-field performance, social engagement and self-interests. Finally, the fourth insight is that the dual aims of sporting on-field success and profit making of large capital-funded sports clubs endanger the autonomy and governance of sports bodies/associations and an equitable sporting competition environment.Originality/valueThis paper provides an overview and reflections on the contributions of the papers in this special issue. The papers give different perspectives on how sport has been influenced by the development in society (1) with increasing digitalisation influencing organising of sport clubs and strategies for engaging fans, and (2) the influence of marketisation and politics in ownership strategies. As such, four insightful reflections are developed based on the originality of the contributions and the related extant literature presented on the themes of marketisation, ownership and digitalisation of the sport industry.

ECONOMIC DEVELOPMENTS OF THE NEW ORDER PERIOD AND ITS INFLUENCE ON INDUSTRIALIZATION IN INDONESIA

The development of the New Order era, or what is usually called the New Order Era, is the term for the reign of General Soeharto, which replaced the Old Order, which refers to the era of Soekarno's reign. The New Order lasted from 1966 to 1998 and was marked by rapid economic development but also by practices of corruption, nepotism, and suppression of human rights. The New Order emerged as a result of the political and economic instability experienced by Indonesia during the Old Order. After the military coup that overthrew Sukarno's government, During the New Order era, there were several significant changes in the Indonesian economy. Political Stability. One aspect that was considered positive during the New Order period was the political stability that was created after a period of political and economic crisis at the end of Sukarno's reign, marked by transformation. significant economy, with a primary focus on industrial development as a pillar of economic growth. The policy of opening up to foreign investment became a characteristic of this era, influencing the structure of industrial ownership and having an impact on the industrialization process. This article discusses economic changes during the New Order era and their impact on the industrial sector in Indonesia. The New Order government pursued industrial infrastructure development, encouraged modernization, and prioritized export-oriented industrial sectors. Despite positive achievements, criticism of the unequal distribution of wealth and environmental impacts is highlighted. Dependence on foreign investment and foreign technology also creates its own challenges. In this context, this research outlines the economic dynamics and role of industrialization during the New Order period, highlighting its positive and negative consequences for industrial development in Indonesia.

Klik, Pesan, Nikmati: Sistem Pemesanan Online Terbaru UMKM Pempek Fenny

The development of technology and the COVID-19 pandemic have changed the consumption trends of society. The culinary industry has been affected, but can survive by going online. The Pempek Fenny culinary industry still uses a manual system. This study builds a pempek order information system to improve the information system with various features and measure user satisfaction. The research method uses a mixed method with an action research approach. The population is theculinary industry owner and 6 of its customers purposively. The procedures carried out are problem identification, literature study collection, data collection, system testing, and system evaluation. This finding resulted in efficiency because some activities that were previously done manually can be done automatically by the system with a satisfaction of 3.7. The contribution achieved improves the performance of the culinary industry, the latest features of application development and ordering are more efficient and accurate

Players behind the scenes: common ownership in the hospital industry

Players behind the scenes: common ownership in the hospital industry

How digital-only fashion brands are creating more participatory models of fashion co-design

The norms and systems of the fashion industry tend to support a small class of brands and designers creating fashion while the public takes on the role of passive consumer. The rise of digital fashion and a new sector of ‘digital-only’ fashion brands now provides unique ways for consumers to interact with fashion online, from buying wearables for digital gaming avatars, to wearing a digital dress on social media, to investing in non-fungible tokens (NFTs) – digital assets based on blockchain technology, bought and sold online. Digital-only fashion brands are reimagining the hierarchical relationships between brand and consumer towards one of empowerment and mutual value via decentralized co-design platforms. Such endeavours allow brands to build community and challenge the ownership and authorship conventions in the fashion industry. Co-design has been widely used by fashion brands as a strategy that promotes involvement from the public/consumer in creating customized and made-to-order products and experiences. Using established theories of participatory art, an approach to making art which engages the public and communities in the creative process, this article explores how digital-only fashion brands are creating more participatory models of fashion co-design. To confirm and further explore this theory and to consider how a participatory model is achieved in practice, a qualitative case study was conducted on The Fabricant Studio, a collaborative digital fashion atelier. The findings reveal new methods of co-design used by digital fashion brands that allow consumers to design and monetize their craft while retaining creators’ ownership. The application of the theory also underscores the importance of creative control and decision-making in the fashion co-design process to ensure it is truly participatory vs. interactive. The Fabricant’s methods to educate users through accessible platforms contribute to the diversification of co-designers and digital fashion designers in general.

The Influence of Foreign Insurance Affiliates, Market Share, Own Retention Ratio, Claims Ratio and Cost Ratio on the Performance of General Insurance Companies in Indonesia

This study examines the effect of foreign insurance affiliation, market share, own retention ratio, claims ratio and expense ratio on the performance of general insurance companies in Indonesia. The performance of insurance companies in this study uses a measure of return on equity (ROE). The research population is all general insurance companies in Indonesia operating in 2018-2021. The research sample is 177 insurance companies in that period. Data collection uses financial reports submitted by insurance companies to the Financial Services Authority. Furthermore, to perform data analysis, multiple linear regression through the use of SPSS software as a tool is used in this study.
 The results show that foreign affiliation and own retention ratio have a positive impact on insurance company ROE. Meanwhile, market share, claims ratio, and expense ratio have a negative effect on ROE. Taken together, foreign affiliate, market share, own retention ratio, claims ratio and expense ratio affect ROE. The results of this study can provide an overview to regulators in regulating foreign ownership in the insurance industry in Indonesia as well as regulations regarding self-retention. For shareholders and management of insurance companies, this research can provide an overview of foreign cooperation policies and reinsurance policies associated with the risk profile of insurance business lines in Indonesia, fee policies, underwriting and claim handling.

Ownership structure and firm sustainable investments: evidence from emerging markets

PurposeThe aim of this study is to examine the ownership impact on firm sustainable investments (FSIs). In particular, this research examines the link between institutional investor ownership (IIO), managerial ownership (MOWN) and FSIs in the tourism industry in Malaysia.Design/methodology/approachThis study uses a data set of 346 firm-year observations from 2008 to 2020 and applies feasible generalized least squares (FGLS) regression analysis. The study sample is based on tourism firms listed on Bursa Malaysia (the Malaysian Stock Exchange).FindingsThere is a significant positive association between IIO and FSIs. When IIO is classified into foreign (FIIO) and local (LIIO), this significant association is mainly driven by FIIO. In addition, there is a significant, positive association between managerial ownership (MOWN) and firm sustainable investments (FSIs). These findings imply that firm ownership has an influence on FSIs in the tourism industry.Originality/valueThis is the first attempt to consider IIO and MOWN simultaneously in a single model estimation. The findings contribute to emerging capital markets where the involvement of ownership concentration in the governance of publicly listed firms is a common practice.

Developing a scale for psychological ownership in the tourism industry

PurposeThe present study aims to identify the dimensions of destination psychological ownership (DPO) from tourists’ perspectives and to develop a reliable and valid measurement scale.Design/methodology/approachThe mixed method has been applied in this study for the development of a scale to measure psychological ownership (PO) of tourists. The first stage includes identifying the PO dimensions of tourists toward the tourist destinations through in-depth interviews with experts (university professors, managers and experts in the tourism industry). Theme analysis was applied to analyze the data in this stage. A quantitative survey was conducted among tourists during the second stage. Accordingly, a questionnaire was designed and its reliability and validity were investigated. Confirmatory factor analysis and structural equation modeling were used to examine the structural model and its validity.FindingsThe findings revealed that the DPO from tourists’ perspectives includes six dimensions for the sense of attachment, responsibility, the sense of trust, the sense of honor, the sense of gratification and self-identity toward tourist destinations. The validity of the conceptual model was confirmed according to the results of the quantitative section of the study.Originality/valueThe present study is one of the limited numbers of studies coping with PO, especially in the field of tourism, from the view of the consumer. The present study identifies the dimensions of the DPO of tourists and develops an instrument to measure them. Therefore, the developed questionnaire can be used as a valid and reliable instrument to measure the DPO in future research.

New perspectives and issues in industrial policy for sustainable development: from developmental and entrepreneurial to environmental state

The increasingly acute consequences of the climate crisis, the COVID-19 pandemic, and the energy crisis have put industrial policy back. The papers in this issue examine how different countries implement industrial policy for sustainable development from a variety of perspectives. A successful transition to sustainable development seems to require not only the mix of carrots and sticks but also a right mix of creation versus destruction, as in the case of the creation of renewable businesses and the destruction of fossil-fuel businesses. Furthermore, because institutional diversity and the risk of capture can result in very distinct economic, social, and environmental effects, consideration of heterogeneity at the country and sector levels and coordination of vested interests are essential ingredients for sustainable industrial policies, as shown by the case of industrial policy in France and the two industry cases in India. By contrast, the Amazon Fund case is indicative of the three success elements: multi-stakeholder governance, pay-for-performance funding, and non-reimbursable project financing. These three elements can be summarized as local ownership and accountable governance, provided with both carrots and sticks. The problematic case of urban development driven by the oil industry in Ghana can be criticized in terms of the lack of local ownership of the oil industry, which has led to all rents being monopolized by the absentee class. By comparison, the mixed success of cases of industrial symbiosis in Uganda is attributed to the lack of effective carrots. In sum, industrial policy for sustainable development requires handling well all three types of failure, namely, market, system, and capability failures, because it necessitates building capabilities of involved actors and coordinating actions of agents, in addition to providing optimal incentives to reflect externalities of global public goods. Overall, the shifting focus of industrial policy is consistent with the shift of the role of the state, from developmental to entrepreneurial, and finally to environmental state.

Ownership, Audit Committee, Trigger of Fraud, and Manipulation of Financial Statements

Research on financial statements manipulation (MFS) in the construction industry is interesting because this industry is one of the industries that practice fraud the most, reaching 16%. In addition, this research is important because MFS continues to occur with increasing amounts, and has a high risk of loss. This research objectives is to prove the impact of ownership, audit committees, and triggers of fraud on (MFS). The results show that foreign institutional ownership, audit committees, opportunity, and arrogance have a significant negative effect on MFS. The higher the level of ownership of foreign institutions, audit committees, opportunity, and arrogance, the more manipulation of will be prevented. Individual ownership and pressure have a significant positive impact on MFS. The higher the pressure and level of individual shareholders, the greater the potential for MFS. There are several proxies for detecting MFS. This research uses the discretionary accrual Jones modified earnings management proxy. Other research can use other proxies such as MFS through real activities. Further research will be more interesting if it compares the effect of ownership, audit committees, and MFS in the construction industry of ASEAN countries.

The Role of Home Industry in Improving the Economy to Become a Resilient Village

Starting from July 23 to August 5, 2022, This research was conducted in Warugunung Village. There is a reason to research the village because each hamlet has a different home industry. There are seven hamlets in Warugunung village, including Wonosari, Randegan, Kepuh Gunung, Jolopeto, Kepatihan, Pamotan and Wonokerto hamlets. The purpose of this research is to find out how Home industry activities in each hamlet can survive and what are the ways that homes do. The industry to increase competitiveness so that it continues to increase. The research method used is qualitative. Data analysis carried out during the research is meant to be the research focus and remains given special attention through observation and interview depth, which next will be analyzed qualitatively. The results showed that maintaining capital and increasing the capital made by the home industry owner in each hamlet in Warugunung Village is good by recording meticulously and always counting the goods in and out. In addition, the key to the success of the home industry of each hamlet in the village is among others, maintaining and improving the workforce's existence and marketing the results of the home industry properly and correctly.

ERP Implementation and Foreign Ownership in High-Tech Industry to Achieve Sustainable Development Goals

This research aims to identify how ERP implementation can benefit the high-tech industry and achieve sustainable development goals. This research also examines how foreign ownership can affect the performance of the high-technology industry. High technology has been widely used in any industry, especially manufacturing. The research method used in this study was Systematic Literature Review (SLR). The steps taken from this research method start with research planning, implementation, and reporting. This study’s evident in how much previous research has discussed ERP implementation in high-tech industries and how to achieve sustainable development goals. The ERP implementation in the high-tech industry will benefit the company as it will make it easier for its departments to carry out its business processes, and the knowledge and expertise of foreign investors will influence the high-tech industry. This research is urgently needed to achieve sustainable development goals, as implementing ERP in high-tech industries can increase operational efficiency and corporate productivity. ERP implementation research can be used to explore how ERP can be used to support sustainable product development. Foreign ownership has an essential impact on the high-tech industry to understand the implications of sustainable development goals. For further research, you can conduct a more in-depth analysis of how important it is for the high-technology industry to achieve sustainable development goals.

ANALISIS KEPENTINGAN INDUSTRI MEDIA TELEVISI DI INDONESIA

This research is in the form of an analysis of the interests of the television media industry in Indonesia. Highlighted in this study are TV stations operating under industrial ownership, namely Metro TV (Media Group), TV One (Viva Media Asia), Kompas TV (Gramedia Media Nusantara), RCTI (MNC), and Indosiar (Elang Mahkota Teknologi). The purpose of this study was to determine the existence of the interests of the television media. This study uses a qualitative method with a case study approach. The results show that the five TV stations, each owned by five private television media industries in Indonesia, have public, political, and business economic interests.

Who benefits from international tourism in small Pacific islands? Value capture in the hotel industry in Hawaii

There is a consensus among small Pacific islands that the extent to which they benefit from international tourism largely depends on how much of the value created by tourism remains in the local economy. This study examines how the value created in the hotel industry is distributed among the key stakeholders in a small Pacific island context. We used aggregated income statements of full‐service and limited‐service hotels from the STR Inc., a hotel industry data company, to calculate the value distribution among the key stakeholders in the hotel industry of a small Pacific island. We found that labour and owners captured most of the value created, whereas hotel management companies and franchisors captured a small share of the value. Our results suggest that tourism workers' ability to take united action and hence to negotiate higher wages will result in higher value capture by local labour and less value leaking out of the local economy. Our results also reveal that foreign ownership in the hotel industry is the single largest cause of economic leakages. The study has several implications for the tourism‐based growth policies in small Pacific islands.

Dissemination of Student and Lecturer Research Results to Help the Community Overcome Environmental Pollution Due to Tofu Industry Liquid Waste

This community service activity was carried out by the community service team of the Environmental Engineering Study Program, Faculty of Engineering, Solo Christian University of Technology (UKTS). This activity was carried out in collaboration with the Solo Christian University of Technology (UKTS) with the Tofu Industry Owner "DELE EMAS" as a follow-up to the collaboration contained in the Memorandum of Understanding (MOU) agreed by both parties. This activity was carried out at the tofu and tempe industrial center, Krajan Village, Mojosongo Village, Surakarta City. The form of action for this community service activity is the dissemination of research results from students and lecturers of the Environmental Engineering Study Program that are relevant to the community, with the aim that the learning and research activities that have been carried out can be of real benefit to helping the community. This is a form of integration between learning and research activities into community service activities. The results of this activity are able to provide positive benefits both for higher education institutions, especially lecturers and students, as well as for partner communities.

Aurore Karamzin as Intermediary between Russia and Finland

Abstract The relationship between the autonomous Grand Duchy of Finland and the Russian Empire, despite being formalized in bureaucratic structures, depended to a significant extent on informal personal relations. A case in point is the history of the children of Carl Johan Stjernvall: his three daughters married foreign noblemen. The eldest, Aurore, married first the scion of the Demidov family, Paul Nikolayevich Demidov, and second, Andrey Nikolayevich Karamzin, son of the state historian of Russia. Aurore's brother Emil Stjernvall-Walleen became the second highest-ranking civil servant in Finland: the minister state secretary. Through her marriages, Aurore Karamzin was connected to some of the most powerful families in Russia: Demidov, Durnovo, Karamzin, Stroganov, and Pushkin, among others. As an industry owner she relied heavily on relatives. Networking continued to be an important part of doing business throughout the nineteenth century, even though meritocratic considerations started playing a larger role toward the end of it. Aurore Karamzin lived through nearly the entire 1800s (1808–1902) and played a meaningful part in the development of Finland during this period. Her greatest impact was probably as a vehicle for societal and cultural innovations. It was made possible by the resources she controlled in the Demidov enterprises, institutions such as the Deaconess Institute that she founded in Helsinki, and the political situation between Finland and Russia. She was well positioned as an influencer, as she was personally acquainted with several generations of the Russian imperial family as a lady-in-waiting.

Pelatihan Strategi Digital Marketing Home Industry Terdampak COVID-19 di Desa Bandang Daja

The development of information and communication technology is very important in the development of the digital business world in Indonesia, which is currently in a state of the covid pandemic. This community service aims to provide training and digital marketing assistance to the home industry in the village of Bandang Daja to be able to improve the economy of the village community, it is necessary to have knowledge about the use of digital marketing applications in this case Canva and social media. This service method is carried out by counseling, discussing, asking questions and continuing with direct practice of using the application. From the results of this activity, the response of the Home Industry owner to the delivery of the material was 80% very understanding and 20% understood. While at the practice stage, the response of the Home Industry owner to the practice session was 90% very understanding and 10% understood. With this training, it is hoped that it can improve the entrepreneurial spirit during the current covid pandemic and have a positive influence on the knowledge of Home Industry owners and their application in digital marketing strategies.

Spatial Evolutionary Characteristics and Influencing Factors of Urban Industrial Carbon Emission in China.

Climate warming caused by carbon emissions is a hot topic in the international community. Research on urban industrial carbon emissions in China is of great significance for promoting the low-carbon transformation and spatial layout optimization of Chinese industry. Based on ArcGIS spatial analysis, Markov matrix and other methods, this paper calculates and analyzes the temporal and spatial evolution characteristics of industrial carbon emissions in 282 cities in China from 2003 to 2016. Based on the spatial Dubin model, the influencing factors of urban industrial carbon emissions in China and different regions are systematically analyzed. The study shows that (1) China’s urban industrial carbon emissions generally show a trend of first growth and then slow decline. The trend of urban industrial carbon emissions in the western, central, northeastern and eastern regions of China is basically consistent with the overall national trend; (2) In 2003, China’s urban industrial carbon emissions were dominated by low carbon emissions. In 2016, China’s urban industrial carbon emissions were dominated by high carbon emissions, and the spatial trend is gradually decreasing from the eastern region to the central region to the northeast region to the western region; (3) In 2003, the evolution pattern of China’s urban industrial carbon emissions was “low carbon-horizontal expansion” dominated by positive growth, and in 2016, it was “low carbon-vertical expansion” dominated by scale growth; (4) China’s urban industrial carbon emissions have spatial viscosity, and the spatial viscosity decreases with the increase of industrial carbon emissions. (5) In 2004, the relationship between urban industrial carbon emissions and gross industrial output value in China is mainly weak decoupling. In 2016, various types of decoupling regions are more diversified and dispersed, and strong decoupling cities are mainly formed from weak decoupling cities in southwest China and eastern coastal areas; (6) From a national perspective, indicators that are significantly positively correlated with industrial carbon emissions are urban industrial structure, industrial agglomeration level, industrial enterprise scale and urban economic development level, in descending order. Indicators that are significantly negatively correlated with urban industrial carbon emissions are industrial structure and industrial ownership structure, in descending order. Due to the different stages of industrial development and industrial structure in different regions, the influencing factors are also different.

Leveraging meatpacking ownership concentration and community centrality to improve disease resiliency

The U.S. meat processing sector has been subject to amplified scrutiny after workers exhibited disproportionately high rates of COVID-19 infections and deaths. In response, Tyson Foods—one of the largest meat packers in the country—mandated that its employees be vaccinated against COVID-19 by November 1, 2021. In this paper, we investigate the impact that the Tyson vaccine mandate had on vaccine uptake, infection rates, and deaths in counties where Tyson processing facilities are located. We find that the mandate resulted in approximately 35,000 additional vaccinations. The resultant vaccine uptake avoided 98 COVID-19 infections per day and nearly 75 COVID-19-related deaths; the associated public health savings total $45.4 million. Employee health-related interventions at the corporate level can leverage industry ownership concentration and the centrality of packing operations in host communities to improve health outcomes and disease resiliency well beyond the packing operations.