International Journal of Technology Transfer and Commercialisation (13 papers in press)
How innovation in life insurance is reshaping the global insurance market - The case of the Republic of Macedonia
by Branka Denkova
Abstract: Innovation through new technologies are key elements of change in the financial sector and this has led to major efficiency gains, even though these changes can be accompanied by uncertainty. Life insurance is not an exception to this. With developments in technology and new ways of service provision, these technologies are enabling the creation of new insurance products, services, and business models. Innovation through technology provides opportunities for traditional insurers to transform themselves and it also forces them to compete with well-founded companies that are beginning to reinvent themselves by providing new services and lowering the costs. Based on a social representation, this study pre-sents consumers attitudes towards innovation in life insurance. Results suggest that there is low interest for respondents to engage with new sources of innovation and experimentation. Consequently, this should trigger insurance companies in the Republic of Macedonia to improve their performance in terms of incorporating new sources of innovation by focusing on the positive experience of the developed countries where innovation in life insurance is generally accepted
Keywords: innovation; life insurance; global insurance market; technology; internet; mobile; trust; consumers; market; attitudes; purchasing online; agent.
A Practical Approach to Critical Thinking among EFL Learners
by Valeria Thomson, Mercy Rani Yedidi
Abstract: There is no dispute among academicians when it is stated that critical thinking is an important study skill of the 21st century. It goes without saying that critical thinking has been playing a significant role in learning for the last few years but, the pertinent question is Are learners serious and focused in developing the skill during the learning process? At the same time, teachers and lecturers as well are not so successful in developing the skill of analysis and evaluation among learners before they form opinions. We fail to see critical thinking skills among students even at the higher level of education. Bearing in mind these scenarios, this presentation aims to identify the need for integrating critical thinking into English as a Foreign Language (EFL) teaching in the General Foundation Programme (GFP) and to provide an insight for teachers to design and use learning strategies to inculcate the skill of thinking out of the box among learners. The study attempts to explore different strategies which enhance critical thinking among learners.
Keywords: Critical thinking; strategy use; metacognitive skills.
Conceptualisation of technological innovation in trade facilitation: a theoretical implication for developing economies
by Desmond Bugbilla, Hod Anyigba, Jonathan Tetteh Korletey
Abstract: The goal of this paper is to contribute to the ongoing discussion on how technological innovation and transfer promote economic growth. The paper focuses on how technological innovation and transfer affect trade facilitation and its prospect for economic growth and revenue mobilisation in developing economies. Literature was reviewed on the concepts of technology, innovation and trade facilitation to indicate that organisational or national economic competence are the most important determinants of technological innovation adoption and utilisation. The study concludes that improvement of the concepts of technology, innovation and trade facilitation depend on understanding how the various actors are linked together in technological innovation and trade facilitation.
Keywords: technology transfer; technological innovation; innovation systems; innovation adoption; technology adoption; economic growth; technology acceptance; commercialisation; conceptual paper; trade facilitation; technological economy.
A Growth Model for Technology Transfer at the License Income Stages
by Kazufumi Yaji
Abstract: This research focuses on Technology Licensing Organization(TLO) income analysis using a technology transfer growth model and a technology transfer strategy based on that analysis. The conclusion shows that TLOs in the preliminary foundation stage of gross license income (other license income plus running royalty income) under $1 million was found to be divided into four stages, and that, when gross license income centers turned into TLOs with more than 1 million dollars, it turns out that the proportion of TLO in stable stage increases as gross license income increases.
Keywords: Technology Licensing Organization (TLO); Growth Model of Technology Transfer; Running Royalty Income; Other License Income; gross license income; foundation stage; development stage; stable stage.
Blueprint for Technology Transfer in India: Opportunities, Challenges and the Way Forward
by Suchita Markan, Yogmaya Verma
Abstract: Public funded research finds its salvation in the Technology transfer space leading to indigenous development, entrepreneurship promotion, and affordable products contributing significantly to economic growth and larger public good. Recognizing the importance of innovation in the country, Government of India is investing hugely to support R&D, leading to spurt in the number of publications and patents. However, few patents are licensed and translated into useful products. Analyzing the input-output deficit and exploring the opportunities in India for developing affordable healthcare technologies for the world, the authors have evaluated the opportunities and challenges in the technology-transfer arena in India and suggested possible ways to address these challenges. A triple-helix strategy for changes at each level viz. national policy, systemic and human capital, has been proposed to create enabling environment for facilitating national and international technology transfers for global impact. This will be of relevance to policy makers, technology-transfer professionals and academicians.
Keywords: Technology Transfer; Policy; Commercialization; Academia; Industry; Strategic collaborations; India; International; Public Funded Research.
Employability through networking: A way forward
by Bilal Pandow, Ali Salem
Abstract: The social networking is fast replacing traditional means of networking especially now it has become inevitable in the context of employment. In the present context, this study tries to unveil some of the major determinants of employability in the Middle East scenario. For the purpose, three determinants; networking; knowledge; and social capital, are identified during the group discussion and the same was tested empirically later in the study. A total of 370 questionnaires were circulated online, but only 263 responded to the study. The confirmatory factor analysis and structural equation modelling were used to perform variable modelling and recommendation were made based on the findings.
Keywords: Networking; Knowledge; Social Capital; Employability.
Variables affecting licensing incomes for technology licensing organisations (TLOs) at universities with and without a medical school
by Kazufumi Yaji
Abstract: We performed multiple regression analyses on data about patent-related activities and technology licensing revenues at universities with and without a medical school. The number of patent applications, licenses, and US patents issued, and R&D spending by the government and private sector are explanatory variables. Gross Licensing Income is the Object variable. Comparing the explanatory variables that affect Gross Licensing Income from technology licensing organisations (TLOs) at universities with and without a medical school, we conclude that the presence or absence of a medical school has no influence on overall Gross Licensing Income. However, TLOs at a university without a medical school have more explanatory variables affecting Gross Licensing Income than TLOs at universities with a medical school. Moreover, the number of joint research efforts with the industry has a positive effect on Gross Licensing Income, especially for a university without a medical school.
Keywords: technology licensing office; TLO; TTO; medical school; multiple regression analysis.
Special Issue on: MIC18 Promoting Entrepreneurship and Technological Skills National Needs, Global Trends
Predictive Modelling to Illustrate Factors Influencing Students at Risk
by Shajeea Khan, Jacintha Menezes
Abstract: Students academic performance and progression is the key performance indicator of any educational institution. Students academic progression may vary due to various factors. Therefore, identifying students at risk at an early stage could help to improve the academic progression of students through academic counselling and close monitoring. Predictive analytics can discover patterns in data that can lead to meaningful predictions for the unknown data. In the proposed research students already identified at risk are further categorised into low risk, medium risk and high risk. Student study level, type of assessment, type of module and issues faced by the students are taken as the influencing factors. The research focused on finding the influencing factors with the level of risk through predictive modelling. Research results show the issues faced by the student (Academic/Personal) as the main influencing factor with type of risk.
Keywords: Data Mining; Knowledge Discovery; WEKA; Predictive Analytics; Classification; Decision Tree.
Special Issue on: ICMEM 2018 Digital Media Integration in Technology Management to Create Competitive Advantage
Information Technology Adoption Model in Indonesian Creative Industry Clusters:
Toward Strengthening Competitive Advantages
by Wawan Dhewanto, Yuliani Dwi Lestari, Sri Herliana, Rafiati Kania
Abstract: The model of information technology (IT) adoption has been studied extensively from two main perspectives: a considered perspective to adopt IT, which underline Technology-Organization-Environment (TOE) frameworks, and an impact perspective, which conceptualizes performance implication as a tool to increase competitiveness. The objective of this study is to improve the holistic view of both perspectives in the context of competitive advantage in the firm associated with industrial clusters. This study chose Indonesian creative industry clusters regarding various institutions that have supported the growth of the burgeoning creative firm. To achieve this objective, a model of IT adoption assembled three considered factors of IT adoption (i.e. technology, organizational, environmental) and three performance implication (i.e. operation, innovation, and market). To test the model, a survey of 112 creative firms was conducted and PLS-SEM method was used to confirm the IT adoption model. The results confirm how creative firm within clusters adopt IT and confirm IT adoption model as competitiveness imperative in business activities.
Keywords: competitive advantage; IT adoption; Technology-Organization-Environment (TOE); creative industry clusters.
Special Issue on: VINC 2019 Sustainability through Mindfulness
INVESTIGATING CONSUMER INTENTION TO ADOPT MOBILE PAYMENT SYSTEMS: AN INDIAN PERSPECTIVE
by Kanishk Gupta, Nupur Arora
Abstract: The flabbergasting decision of Demonetization paved out a smooth path for mobile payment systems which earlier was covered with roadblocks. The current study examines the impact of attitude towards mobile payment systems on intention to adopt mobile payment systems through the application of technology acceptance model. Exploratory and Confirmatory factor analysis were applied to ascertain the relationship between observed variables and to evaluate research constructs, their validity and composite reliability in the present research. Structural equation modeling and path analysis was employed to assess the hypothesized relationships of the research model. The research study reveals that there exists a positive relationship among all the observed variables used in the study. Perceived ease of use and Perceived usefulness have a positive impact on attitude to adopt mobile payment systems. Also, there exists a substantial positive relationship between attitude to adopt mobile payment systems and intention to adopt mobile payment systems
Keywords: mobile payment systems; convenience; knowledge; enjoyment; trust; perceived ease of use; perceived usefulness; technology acceptance model.
AN EMPIRICAL RESEARCH OF EFFECT OF FLIGHT AIRLINE SERVICES ON THE
SATISFACTION OF OPERATIONAL POPULACE
by Madhu Arora, Smita Mishra, Sanjiv Mittal
Abstract: This paper makes an attempt about passengers perception towards aviation services during flight. Increasing number of passengers in airlines service is choosing this type of transport. So research in Indian text is very much needed in this area. Operational populace is taken as independent variable which categories as students, employee, businessmen and housewife. The factor of inflight aviation services are dependent variables tangibility, language skills, food and baggage facilities. A sample of two hundred and twelve was considered and Analysis of variance (ANOVA) is used for quantitative analysis to test the hypotheses and validate the results. Results shows that significant difference is found on cleanliness of the toilet in the cabin, Behavior of airline employees in communication to create a sense of confidence in customers, there were enough options to choose for meals as well as freshness of meals in different operational populace. Therefore all attempts should be made by the airlines to inflight services to increase the level of satisfaction of travellers.
Keywords: Aviation; Sector; inflight; Service; Food; Baggage; language skills.
Creating a Mindful Organization by redefining PMS in Police Organizations: A Balance Scorecard approach.
by Monica Kapuria
Abstract: In order to orient Police towards their respective Key Result Areas, it is essential to implicate an innovative approach in facilitating the performance dynamics of policing so that a mindful organization can be created. Therefore, this paper aims to propose an innovation in the working style of the Policing by exploring the scope of strategic performance management system through the BSC intervention. The study is conducted to propose the strategic changes in the system by identifying the grey areas in the prevailing process with a recommendation to explore the scope of adoption of BSC in Policing. Descriptive cross sectional research design is used for the study. Self developed questionnaire was administered to collect the primary data from 300 respondents including gazetted and non gazetted police personnels. Stratified and quota sampling techniques were used. 229 questionnaires were found complete in all respect (with a response rate of 76.3%) and were thus made part of the study. Data was analyzed using non parametric techniques .It was found that, there is a discrepancy among the satisfaction level, expectations and perception of police personnels with respect to performance management system revealing the need for strategically aligned PMS for the department.
Keywords: Mindfulness; Balance scorecard; Performance management system; Police organizations; Police personnel’s; Mindful organizations.
Analysing Impact of S&P Midcap and Smallcap Returns on BSE Sensex Returns
by Timcy Sachdeva
Abstract: Stock market plays an imperative role in the development of the economy and for the strong building of the financial system in different sector of the economy. In the recent times, the stock market has experienced radical increase in the volatility which has lead to turbulence in the financial market and various asset classes of the global economies. India has strong financial structure as compared to the other world economies. The present paper investigates the impact of small cap and mid cap returns on the BSE Sensex returns during 2013 to 2018. The results of the study suggest that returns from mid cap and small cap play significant role in today
Keywords: Stock Market; BSE Sensex; Small cap stocks; Mid cap stocks; India.