Information-based Economy Research Articles

Literasi peran manajemen dan strategi eksistensi UMKM di Kota Semarang

There are many problems currently plaguing UMKM in Indonesia. These challenges include the quality of human resources, inadequate managerial capabilities, limited investment funds and working capital, lack of expertise in marketing strategies and the ability to utilize technology which is still relatively low. UMKM have a lot of room to grow in today's information-based economy, as long as they make good use of existing information technology infrastructure. Therefore, it is very important for stakeholders to continue to carry out outreach, guidance and support for UMKM. Management excellence in the changing dynamics of the Indonesian economy has direct implications for the tactics used by UMKM to survive in the business world, especially in the area of legal compliance. In order for UMKM to grow and develop in today's competitive market, it is important to address legal issues head-on. Through the use of management knowledge, digital technology, and legal registration assistance, community service is realized. It is hoped that UMKM players can remain competitive by maintaining product quality and being able to play a management role in running the gendar cracker business.

Using Transient Product Competitiveness to Elaborate Business Competition in Information-Based Economies: What We Can Learn From Construction

Using Transient Product Competitiveness to Elaborate Business Competition in Information-Based Economies: What We Can Learn From Construction

The Information-Based Economy

We should pay attention to the fact that the information-based economy is because information has a material value, as it allows all individuals to make choices that result in expected returns higher or more than what they would get from the choices in the absence of information. Today the information became a resource and an essential element in life and the economy. It is called in the most economic literature the (knowledge economy), but it is better to call it the information economy because the dependence on information in it is more. but although some of them consider it an intangible resource and this is a big mistake, as information is a resource and has a cost resulting from the procedures for obtaining it or producing it in various ways in order to achieve a benefit from its use in the future to increasing profits, reducing costs and increasing their competitiveness. The organizations attach great importance to spending on information or research and development and it can reach millions of monetary units. The amount of spending on information varies from one organization to another for several factors, perhaps the most important of which are the size of the organization and the nature and objective of the organization. It is also difficult to measure or predict the cost of obtaining information or the benefit resulting from it, in addition to the difficulties in determining its source, the appropriate timing for obtaining it, and determining the beneficiary party also.

Relating Sustainable Business Development Practices and Information Management in Promoting Digital Green Innovation: Evidence From China.

Digital green innovations are being implemented in manufacturing to help organizations achieve sustainability by adopting sustainable development practices (SDPC). However, little is known about the impact of the information management process (IMP) on organizations’ digital green innovation. To address this gap, we devised a multidimensional framework based on the resource-based view (RBV) theory that serves as a basis for sculpting how the IMP captured and sustained organizational digital green innovation via SDPCs. 533 respondents from big and medium-sized manufacturing businesses in China were surveyed, and data were analyzed using the structural equation modeling (SEM) approach. The study makes numerous significant findings. Firstly, the SDPC’s dimensions (environment, economic, and social) are considerably improved by the IMP’ dimensions (acquisition, dissemination, and application). Secondly, SDPC’s dimensions are critical for attaining organizations’ digital green innovation. Thirdly, SDPCs’ implementation mediates the linkage between the IMP and organizations’ digital green innovation. Our findings suggest that investing in and implementing cutting-edge technology and sustainable practices are critical for long-term success. Still, soft issues, such as organizational information management, are equally critical in today’s information-based economy. Finally, in light of the study findings, we present theoretical and managerial implications.

Testing the Determining Factors of Knowledge Sharing Behavior

In today’s information-based economy, knowledge is considered as a critical and effective resource for assisting businesses in establishing departmental synergies, accelerating innovation, providing value to customers, and increasing revenue through market growth. Knowledge sharing behavior is defined as individual behavior that pertains to the exchange of information, experience, ideas, and skills with other individuals or groups of people inside an organization in order to enhance the company’s sustainability. The purpose of this study is to analyze and obtain empirical evidence of the factors that influence knowledge sharing behavior, which consists of intention to share knowledge, knowledge sharing self-efficacy and enjoyment in helping others by 297 middle managers in a bank setting. This research is an explanatory research that focuses on the causal relationship among variables. The data were collected through a questionnaire survey and were then analyzed using Structural Equation Modeling (SEM) with the Analysis of Moment Structure (AMOS) program. The results of this study show that knowledge sharing self-efficacy and enjoyment in helping others have positive and significant effect on intention to share knowledge. Furthermore, knowledge sharing self-efficacy, enjoyment in helping others and intention to share knowledge have positive and significant effect on knowledge sharing behavior. The mediation role of intention to share knowledge is also proven to be significant.

Evaluation of heater size and external enhancement techniques in pool boiling heat transfer with dielectric fluids

With the advent of digital and information-based economies and increased social interaction on digital media, electronic components have become ever-pervasive, smaller and more powerful, resulting in increased thermal loads. The cooling systems need to become more efficient in extracting the heat and allowing the devices to sustain peak performance for a longer duration. Available pool boiling data is mainly available on heater sizes of 10 mm square, but larger chip sizes of 34.5 × 32 mm are generally employed in data server applications. The present work focuses on pool boiling performance on plain and microchannel chips with dielectric fluids and also brings out the effect of heater size scaling. The pool boiling experiments were conducted in a closed system at atmospheric pressure using PP1, PP1C and FC-87 as the working fluids. A flow pattern with a large plume of bubbles was found to be responsible for generating macroconvection currents and improve the performance of the larger-sized heater, although additional study is recommended to see the transition point and its relation to the bubble flow patterns. Additionally, pool boiling enhancement using a patented hollow volcano-shaped conical enhancement structure was investigated. The conical structure placed above the heater surface similarly generated macroconvection currents that were responsible for boiling enhancement. However, the hollow conical structure did not always improve the performance since the liquid supply mechanism is already present in the microchannel flow passages.

The Role of Intellectual Capital on Competitive Advantage

With the appropriation of the Lisbon Agenda and its significant goal, in particular that the EU would turn into the most powerful and serious information-based economy on the planet, it turned out to be clear the Small and Medium Enterprises (SME's) are the particularly influenced by these plans, since they speak to the main thrust for the European economy (Abdullah & Othman2, 2016). In this setting of making and keeping up an upper hand for the SME's, it is essential for them to utilize the scholarly capital of their workers, in an effective and capable way, to build their potential for development. The point of this article is to show, through a unique argumentation, in view of the investigation of specific writing, the significant job that scholarly capital plays in the area of SME's to acquire a genuine and feasible upper hand. The examination depends on the basic critical review of literature based on intellectual capital, upper hand, business execution, development, and learning society. The examination conceptualizes the system of scholarly capital and considers the job of development as an interceding variable and learning as a directing element. The reasonable idea of the investigation is the fundamental constraint.

Теоретико-концептуальні аспекти кластеризації як основа інноваційного розвитку промислових підприємств

The article is aimed at forming the theoretical-conceptual aspects of clustering as the basis for innovative development of industrial enterprises in modern transformational conditions of economic management. According to the results of the research, it is identified that the clustering process is directed towards forming an innovative system, that is, a combination of science and production, which ensures the transformation of new knowledge into competitive goods and services. The creation of cluster associations will enable the State and local governments to stimulate the innovatively oriented development of domestic industrial enterprises through the formation of a regional economic system in which economic entities of various industry sectors and forms of ownership create organizational-economic associations of suppliers and consumers of products and services based on international management standards. Innovatively oriented development of Ukraine shows that with the existing scientific potential, we are unacceptably lagged in terms of the share of intellectual property in public wealth and GDP. The primary causes are the following: insufficient budget financing; low demand for innovations on the part of business; low level of development of innovative entrepreneurship and innovation infrastructure; taxation which is fiscal rather than stimulating; high level of corruption; inaccessible lending and unstable system of insurance of technological and commercial risks. On the basis of the carried out research, the concept of clustering is proposed as the basis for innovatively oriented development of industrial enterprises. The clustering process solves many problems, forms the institutional foundation for the creation of a post-industrial information-based economy, strengthening the financial competitiveness of the regions and solving their socio-economic problems.

Evaluation of Enterprise Production Based on Spherical Cubic Hamacher Aggregation Operators

In the age of the information-based economy and the rapid advancements of data schemes, business management has been faced with extraordinary difficulties and has entered into a reasonable period where the board’s conventional enterprise execution assessment centers around the interests of investors. Speculators accept money-related information as their basis and focus on the investigation of material fascination, and in the event of the off chance that they do not, they cannot confirm the next economy period. In this way, enterprise execution reflects the interests of investors and business strategists for the needs of partners, which is significant for the forthcoming rivalry. Given that, the collection of data is a significant research tool that has lately been considered by researchers for data examination. In this paper, we have established multi-criteria decision-making methods for the assessment of business execution with spherical fuzzy information. We have applied Hamacher aggregation operators such as the spherical cubic fuzzy Hamacher weighted averaging (SCFHWA) operator, the spherical cubic fuzzy Hamacher ordered weighted averaging (SCFHOWA) operator, the spherical cubic fuzzy Hamacher hybrid averaging (SCFHHA) operator, the spherical cubic fuzzy Hamacher weighted geometric (SCFHWG) operator, the spherical cubic fuzzy Hamacher ordered weighted geometric (SCFHOWG) operator, and the spherical cubic fuzzy Hamacher hybrid geometric (SCFHHG) operator for the appraisal of the best choice of enterprise. We ultimately defend the proposed approach with the existing strategies for possibility and adequacy.

A quick bite and instant gratification: A simulated Yelp experiment on consumer review information foraging behavior

In the post-industrial information-based economy, classical information economics models are often used to explain consumer choices and decision-making behaviors. However, many heuristic consumer behaviors are better explained by behavioral ecology models, such as information foraging. In this study, we examined how consumers explore task-oriented review information in an online environment where they may or may not have prior visiting experience. Our findings indicate that consumers overestimate their expected search effort before using a review site. Compared with consumers who had used Yelp before, those who had never used the site expect their browsing duration and review counts to be 42% and 93% higher, respectively. In addition, before making a decision, most consumers spend only five minutes or less, read five or fewer reviews, and browse seven to eight pages. This finding indicates the review information consumers choose to use within those limited-time ranges may significantly influence the restaurant choices of those foraging consumers.

DESAIN SISTEM TERFEDERASI DENGAN PENDEKATAN MICROSERVICE ARCHITECTURE PADA KASUS STUDI SISTEM PELAPORAN PAJAK

The global economy rapidly evolves from a labor-based economy to an information-based economy. In parallel to the technological advancement, societal changes have reshaped the behaviour of end-user in acting in technology. Unlike 20 years ago, users’ are very keen to have active participation with Web technologies. The number of applications being used infers to a growing number of data and information circulation, thus creating data-driven market environment. Though centralized-approach is more preferable in most cases, however, with the growing number of usage, it is prone to single point of failure. This paper present a decentralized system design using Microservice Architecture approach. The use case of the design is for financial reporting system within an organization. Web services, REST-API technology, is adopted to ensure the interoperability of each sub-systems. A design of repository of service is also proposed to help catalogue and managing available services, thus making the proposed design scalable for future development.

The Role of Public Libraries of China in Developing the Knowledge and Information­Based Economy

The aim of this paper is to unlock the potential of modern Chinese public libraries as an important factor in developing the knowledge-and information-based economy.Research methodology. The author uses the analysis of statistics on the activities of public libraries in China, the content analysis of their websites, the comparative analysis of innovative products and services that are in demand. The systematic approach to studying the activities of the network of public libraries of the People’s Republic of China made it possible to determine the specific functions of national and regional libraries, to determine the status of their corporate cooperation in improving the quality of meeting the information needs of users.Results. The author reveals the main provisions of the Law on Public Libraries of China (2018) — the first legislative act in the country that regulates all aspects of the activities of the largest type of libraries. The author describes the tasks and functions of public libraries in China as a basic socio-communication institute, which performs information, educational, socio-cultural, socializing, recreational functions, has a powerful potential for enhancing the intellectual level of society, the development of creativity of the general public, in particular children and youth. The author indicates the role of government funding for the modernization of Chinese libraries by the government, creating comfortable conditions for an access for all categories of users to the world’s information resources. The paper highlights the importance of the active development of innovative online and mobile services by public libraries, virtual reality services aimed at implementing youth creative ideas and skills, aspirations for innovative experiments, the acquisition of practical skills of working with high-tech equipment based on the structure of libraries of creative space «i-Space».Novelty. It is shown that in the context of developing the digital economy and knowledge-and information-based society, the priority in public libraries of China is to create the conditions for creative ideas and abilities for young people, aspirations for innovative experiments, and the acquisition of practical skills of working with high-tech equipment (robotized technology, 3D printers, 3D scanners, laser cutters, digital music and video recording studios, virtual reality glasses and helmets, etc.).The practical significance. The experience of Chinese public libraries is worth studying and being implemented in the libraries of those countries that have adopted the government programs to develop the digital society and knowledge-and information-based economy. This experience shows that the diversification of high-tech library services allows them to create “idea incubators” and creative workshops, informal leisure and educational centres for local communities that promote the self-development and realization of creative abilities of young people, form their desire for technical creativity and innovative experiments as a basis for developing the intellectual capital of the country and a key for developing the knowledge-and information-based economy.

Relationship between information-seeking behavior and innovative behavior in Chinese nursing students

BackgroundIn the information-based economy, information literacy has become the foundation of scientific literacy, and provides the basis for innovative growth. Exploring the relationship between information-seeking behaviors and innovative behaviors of nursing students could help guide the development of information literacy education and training for nursing students. The relationship between information-seeking behavior and innovative behavior in nursing students has received little attention, however. ObjectiveThis study aims to explore the relationship between information-seeking behavior and innovative behavior of nursing students. MethodsNursing students in Xiangya Medical School, Central South University and Medical School of Hunan Normal University in the Chinese Province of Hunan were surveyed with an information-seeking behavior scale and an innovative behavior scale. ResultsA total of 1247 nursing students were included in the final analysis. The results showed that both information-seeking behavior and innovative behavior were significantly better in undergraduates than in junior college nursing students (P < .01), and in postgraduates than in undergraduates (P < .01). The overall level of nursing students' information-seeking behavior was positively related to innovative behavior (r = 0.63, P < .01), and the 7 dimensions of information-seeking behavior were also correlated with innovative behavior in varying degrees. Furthermore, information utilization was proved to be the strongest predictor of innovative behavior. ConclusionInformation-seeking behavior is positively associated with innovative behavior among nursing students. There is a need to integrate information literacy education with information retrieval courses, especially in the aspects of information utilization, retrieval, and assessment.

Pa'lante in Pennsylvania: Puerto Rican Educational and Cultural Organizing through Aspira Inc. of Pennsylvania

Pa’lante in Pennsylvania: Puerto Rican Educational and Cultural Organizing through Aspira Inc. of Pennsylvania Lauren Lefty (bio) Aspira—meaning “aspire” in Spanish—was the first professionally staffed, private, nonprofit organization dedicated to the Puerto Rican community. As a youth development organization, it provided leadership training, academic support, and cultural heritage programming to its mainly Puerto Rican students, known as Aspirantes.1 The Historical Society of Pennsylvania (HSP) holds sixty-nine boxes of materials related to the Pennsylvania branch of the organization, a treasure trove of materials for those in terested in Latinx history, urban history, the history of education, or philanthropy from the 1960s to the present. Given the rise of the Latinx student population across the state and country, this material is particularly helpful in shedding new light on the longstanding contributions of East Coast Latinxs and their experiences with public schools. Aspira was the brainchild of New York–based social worker and community organizer Antonia Pantoja. As an offshoot of the 1950s-era Puerto Rican Forum, Aspira kicked off its activities in 1961 from an office in Manhattan. Recognizing the importance of education in an increasingly credentials-oriented, information-based economy, Pantoja’s goal was to prepare a leadership class of Puerto Ricans for admission to and success in college, which would then continue the fight for equal rights and recognition as American citizens. The organization used the school-based club model and helped students and their families navigate the high school graduation and college application processes, learn about various professional career paths, and plan cultural events so that students would retain pride in their Puerto Rican heritage.2 [End Page 382] Following World War II, a large number of Puerto Ricans migrated to the mainland in search of better jobs and educational opportunities in what is known as the Great Puerto Rican Migration. As US citizens since 1917, Puerto Ricans were able to move freely to the mainland and concentrated mainly in such East Coast urban centers as New York, Newark, and Philadelphia. Nonetheless, owing to their classification as a racial and ethnic minority and the precarious colonial status of the island, Puerto Ricans experienced high levels of discrimination and poverty and low levels of educational attainment. Organizations such as Aspira, led by a dedicated coterie of Puerto Rican professionals, worked hard to correct these trends while resisting outright cultural assimilation. Though Aspira remained a mainstream reform organization and not quite part of the radical nuevo despertar that such groups as the Young Lords came to represent by the late sixties and early seventies, Pantoja and Aspira nonetheless paved the way for the radical activities of the Lords, many of them former Aspirantes. In 1968, a Ford Foundation grant allowed Aspira to expand its geographical reach to other cities with large Puerto Rican populations, including Chicago, Newark, San Juan, and Philadelphia. Aspira Inc. of Pennsylvania was thus created in 1969 to serve the large and growing Puerto Rican community in Philadelphia, Bethlehem, and elsewhere across the state. The materials in the Aspira Inc. (Pennsylvania) Records at HSP mainly derive from the period between 1972 and 1986 and include a wide array of sources: correspondence, annual and monthly reports, project grants and reviews, job descriptions, personnel and student files, meeting minutes, news clippings, research reports, some print materials, and a large amount of financial data. Three major projects are chronicled, including Proyecto Amanece (Project Dawn), a community center located in Bethlehem; a talent search project that identified and supported promising college-bound Puerto Ricans across the state; and the Puerto Rican Youth Project, which chronicled the academic achievement and drop-out rates of Latinxs in Philadelphia schools during the 1970s. The collection will be helpful not only for scholars interested in an organizational history of Aspira but also for those working on many other topics beyond the institutional realm. Anyone looking to uncover the experience of Latinx students in Philadelphia schools in the 1970s and ’80s will find both helpful narrative reports and data on students with Spanish surnames. Urban historians interested in the role of nonprofit organizations [End Page 383] following the demise of the Great Society’s Community Action Programs will also find rich source...

The Pros and Cons of Fair Value Accounting in a Globalized Economy

Fair Value Accounting is not a new concept, either in business decisions or in financial reporting. Nonetheless, due to big changes that took place over the last 20 to 30 years in the worldwide economy and the influence of the 2007 financial crisis, it has reemerged as one of the “hottest topics” on the agenda of Accounting Standards setters both under U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standard (IFRS). Current research seems well balanced across the pros and cons of fair value, lending ammunition both to those “in favor” and to the “opponents” of fair value accounting. Subjectivity, estimates, and managerial discretion permeate the concept, definition, and measurements of fair value, leaving such measurements open to an aggressive use of judgment and estimates. However, fair value accounting is more closely related to the needs of a globalized and information-based economy and is likely to grow in importance and use in the future. This article discusses evidence and summarizes some current papers on the informational impact of fair value measurements on market participants.

A short history of the Chinese Central Business District

The Central Business District (CBD) is one of the great governmental projects of Chinese cities in the early twenty-first century. In preparation for transition to an information-based economy and to accelerate such transition, major cities have sponsored the plans and infrastructure as well as some of the buildings of these new central places, in locations far removed from the heretofore central city. Over the 15 years of concerted building, there have been several distinct phases, as cities evaluated the previous effort and responded to new exigencies. These project phases can be distinguished by location and intention and in certain instances by formal expression. The late Modernist architecture of these places, punctuated with iconic structures and vast, representational open spaces, symbolize the national drive towards a globalized modernity. CBDs mark the latest generation of urban plans in hundreds of Chinese cities, although there is little doubt that Beijing, Shanghai, Guangzhou, and Shenzhen will remain the largest and most advanced. This article recounts the brief history of the emergence of the Chinese CBD in those first four cases, why new phases of development were deemed necessary, and how these new efforts can be distinguished in terms of internal characteristics and economic role.

Knowledge management for logistics service providers: the role of learning culture

Purpose– Knowledge management capabilities have proven to be key success factors for organizations within our increasingly information-based economy. Although knowledge management literature has a rich history, less is known about how an organization’s learning culture affects outcomes realized via knowledge management initiatives. Moreover, there is a dearth of understanding regarding how to successfully operationalize knowledge management activities in order to achieve performance in the dynamic logistics and supply chain management environment. Rooted in competence-based theory, the purpose of this paper is to examine the role that learning culture plays with regard to knowledge management capabilities, human capital, and organizational performance at logistics service providers.Design/methodology/approach– This study uses survey data from 448 managers and covariance based structural equation modeling to assess how knowledge management, learning culture, and human capital influence organizational performance.Findings– The results of this study indicate that knowledge management has a significant positive relationship with learning culture and human capital. There was also an indirect effect of knowledge management through learning culture on human capital and organizational performance. Interestingly, human capital did not have a significant relationship with organizational performance as hypothesized.Practical implications– The results support the vital role that leaders and managers have in creating a culture that is conducive to the success of knowledge management initiatives.Originality/value– This study goes beyond the simple direct relationship between knowledge management and personal and organizational outcomes that is usually examined by testing learning culture as an important mediator.

Fields: On the Visibility of Flows in Digital Business

Traditional investment and management tools fail to capture the complexities of a networked, digital business economy: SWOT analysis are static, accounting ratios are unidimensional. More importantly, those artifacts are unfit to deal with intangibles: by definition, the "material" information-based economies transact on. Here we present a Weak Signals technique - Vector Fields Flows - to dynamically profile strengths and opportunities in digital businesses, specially those heavily reliant on web search as source of revenue. We demonstrate how vector fields topology can in fact reveal liquidity changes in online businesses, with immediate applications in finance operations and market prospecting.

An Effective Knowledge Management Environment Based on Knowledge Grid in Business Organizations

Ongoing transition of most of business enterprises to knowledge-based ones is a watershed event in the evolution of the global knowledge economies. This transition marks a paradigmatic shift from energy- based economies with traditional factors of production to information-based economies based upon knowledge assets. Accordingly, the objective of this paper is to develop a theoretical and pragmatic architecture of knowledge management system based on Knowledge Grid for better implementing knowledge management (KM) in business organizations to facilitate their vision of sustainable growth and development. This paper objectively analyzes the environmental problems that most of those enterprises, especially those knowledge-based ones have to face up in such a distributed, increasingly changing environment. Also the critical situations of knowledge management in those business organizations are outlined. Then a new theory about knowledge management, namely, knowledge systems engineering in introduced, which paves the way for better understanding knowledge management and lays the groundwork for constructing a more valid architecture of knowledge management system. And a new architecture of knowledge management system based on knowledge grid is proposed to solve those problems mentioned above, which may provide not only a friendly user interface for end-users to easily access and manage many kinds of Web resources but also a platform for those business organizations to successfully implementing knowledge management.

Game-theoretic paradigms in collaborative research: Part 2 - experimental design

In this two-part paper, we review in Part 1 game theory and information value theory , both of which determine the effectiveness of collaborative research, considering the coexistence of cooperation and competition among participating partners – including industrial enterprises and their sponsored university researchers. Different from other survey papers, we examine the relationship between these two subjects and its implication on field implementation of collaborative research results. We delineate the circumstances under which information dissemination can lead toward a stable and fruitful relationship among all participants. An iterative experimental tool, consisting of a computational model component and a face-to-face gaming component, is proposed to empirically test the likely success of collaborative research, dissemination and implementation in today’s information-based economy. The tool will generate a rich pool of data for the further development of the nascent field of information value theory.