International Journal of Technological Learning, Innovation and Development
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International Journal of Technological Learning, Innovation and Development (6 papers in press)
Factors affecting Technological Learning through collaboration in Developing Countries Case study: Oil & Gas sector by Soroush Ghazinoori, Maryam Nozari Abstract: Technological learning is one of the most important functions of technological collaboration in developing countries, and the success of collaborations also depends on it. In the current qualitative study using a case study approach, an attempt has been done to determine the dimensions of technological learning in the foreign investment contracts of the oil industry. Data analysis was performed using theme analysis method and a qualitative research model was designed. According to the findings of this study, the technological learning framework has several main categories, namely:1)contract features 2)infrastructural aspects, 3) characteristics of technology receiver 4)characteristics of the foreign partner, and 5)the nature of knowledge. Keywords: technological learning; technological collaboration; oil & gas sector; developing countries; Iran.
Determinants of capacity utilisation by firms in developing countries: Evidence from Tunisia by Mohieddine Rahmouni Abstract: This paper studies the capacity utilisation rates of Tunisian firms using the database collected by the World Bank Enterprise Surveys in 2020. The capacity utilisation indicator is created from the firm's output produced as a proportion of the maximum output when utilizing all the available resources. We employ the fractional regression models that ensure predictions within the unit interval. A number of test procedures and estimation methods are used to assess the adequacy of the main alternative regression models dealing with the fractional response variables. Besides the firms' characteristics, we highlight the role of institutions by considering the presence of informal competition and corruption that limit the firms' incentives or ability to maximise the utilisation of capacity.
Our findings show that the capacity utilisation is negatively related to the firm's experience in export, and positively associated with the firm size. We also find that political connections are negatively associated with the firm's capacity utilisation.
The estimation results reveal that the perception of political instability as an obstacle to the current operations of the establishment significantly affects capacity utilisation. The analysis allows us to suggest some differentiated policy indications for fostering capacity utilisation in Tunisia. Keywords: Capacity utilisation; x-inefficiency; z-inefficiency; competition; informal economy; fractional regression.
Transition or Change? The Morphosis of One Belt One Road Initiatives in Pakistan: A Study on the Challenges, Prospects and Outcomes of China Pakistan Economic Corridor
by Zia Ur Rehman, Syed Ahmad Ali, Muhammad Ahmed, Muhammad Arif Khattak Abstract: The modern era has seen an exponential growth in Belt and Road initiatives that purviews financial stability, economic growth, foreign trade and regional cooperation and expansion. In that context, a number of economic corridors have arisen internationally to aid larger economic objectives China Pakistan Economic Corridor is one good example. This study is an early attempt to synthesise past researches conducted on belt and road initiatives in Pakistan and to gauge the larger spectrum off what CPEC has contributed to the countrys economy and what it has yet to offer. With that purpose, we analysed 76 past researchers specifically contextualized in CPEC during the last seven years (from inception in 2013). After a thorough meta-synthesis, two main purviews about CPEC emerged. One relates to the benefits (e.g. regional economic integration, infrastructural development), the other highlights challenges (e.g. lack of framework for implementation of prerogatives, lack of local indigenous capacity). Though CPEC has emerged as a gateway to entrepreneurial opportunities, the study has other manifold practical and managerial implications as a way forward for potential beneficiaries of CPEC such as entrepreneurs, policy makers, government and researchers. Keywords: One Belt One Road (OBOR); China Pakistan Economic Corridor (CPEC); Entrepreneurship; Hard and Soft elements of CPEC; Triple Helix Model; Vision and Mission Statement.
Financial Technology Revolution and Bank's Information and Communication
Technology Investment: Evidence from Emerging Economy
by Adam Kyari, Bukar Waziri, Musa Gulani Abstract: The main objective of this study is to investigate banks' perception of Fintech growth in Nigeria and how such growth affects their ICT investment decisions. Fintech has brought to forefront the significance of ICT by providing traditional banking services which were hitherto the exclusive rights of incumbent banks. This has made banks to increase their ICT expenditure by investing heavily in digital banking and on accelerators, alliances and innovation laboratories. Guided by the Sense and Respond theory, an in-depth interview was conducted and later transcribed manually without the use of any software. The analysis of the findings revealed that Fintechs are both threat and opportunity to Nigerian banks and are impacting positively on their ICT investment decisions. Finally, this study recommends further research on the effectiveness of banks ICT investments decisions in containing the growth of Fintech in Nigeria. Keywords: Fintech; Bank; ICT; Threat; Opportunity; Decisions; Response; Payment.
Research and development investment and firm performance: A developing country perspective by Hamza Akorede Abstract: Research and development is a vital source of knowledge generation for innovative companies. Such companies can exploit this knowledge to create new products and services to achieve superior performance. However, R&D requires a significant amount of investment; moreover, it is an uncertain investment. This paper aims to examine the relationship between investment in R&D and firm performance using a fixed-effect method. The findings show a significant positive relationship. In addition, by using a one-year lag of R&D, the results show an insignificant relationship. These findings suggest that the selected companies have benefitted from their investment in R&D but are inadequately investing in this activity. The paper further discusses the implication of the findings for managers and policymakers. Keywords: R&D investment; research and development; firm performance; sales; operating profit; one-year lag; fixed effect; developing country; low-and-middle-income; Nigeria.
Explaining E-commerce adoption at country level by Maria Veronica Alderete Abstract: The objective of this paper was to explain the economic determinants of e-commerce adoption at the country level. This study aimed to expand the empirical literature on the relationship between e-commerce, broadband penetration, and regulatory framework. We estimated a Structural Equation Model mainly composed of three interrelated and endogenous ICT demand functions (e-commerce, mobile broadband, and fixed broadband), which depend on ICT price, income, digital skills, and regulatory framework as exogenous variables. In this paper, official data from international institutions for the year 2018 was used. Results obtained show that income is a significant factor of mobile and fixed broadband penetrations, and indirectly, of e-commerce adoption. Hence, high-income countries are more likely to do e-commerce, as they will have a higher broadband penetration. While broadband penetration becomes a moderator variable, regulatory framework turns into a mediator variable as it determines, both directly and indirectly, e-commerce adoption. Lastly, there seems not to be a price effect on e-commerce adoption. Keywords: E-commerce; Broadband; Regulatory Framework; SEM.