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Results in Journal Journal of Technology Management for Growing Economies: 110

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Pranad Munjal, Vikas Rattan, Rajat Dua, Varun Malik
Journal of Technology Management for Growing Economies, Volume 12, pp 25-31;

The outbreak of COVID-19 has taught everyone the importance of face masks in their lives. SARS-COV-2(Severe Acute Respiratory Syndrome) is a communicable virus that is transmitted from a person while speaking, sneezing in the form of respiratory droplets. It spreads by touching an infected surface or by being in contact with an infected person. Healthcare officials from the World Health Organization and local authorities are propelling people to wear face masks as it is one of the comprehensive strategies to overcome the transmission. Amid the advancement of technology, deep learning and computer vision have proved to be an effective way in recognition through image processing. This system is a real-time application to detect people if they are wearing a mask or are without a mask. It has been trained with the dataset that contains around 4000 images using 224x224 as width and height of the image and have achieved an accuracy rate of 98%. In this research, this model has been trained and compiled with 2 CNN for differentiating accuracy to choose the best for this type of model.It can be put into action in public areas such as airports, railways, schools, offices, etc. to check if COVID-19 guidelines are being adhered to or not.
Setiawan, Humiras Hardi Purba
Journal of Technology Management for Growing Economies, Volume 12, pp 1-12;

Many organizations measure and assess organizational performance as a strategy to improve competitiveness globally, the Malcolm Baldrige National Quality Award (MBNQA) is a prestigious award regarding quality management created in the USA. This paper reviews 50 journals on MBNQA from various countries and found that about 48% of researchers use the Malcolm Baldrige Criteria for Performance Excellence (MBCfPE) approach to measure organizational performance. We also compare MBNQA with other quality awards such as the European Foundation for Quality Management (EFQM) and the Deming Prize to illustrate what criteria we can use in improving Business Excellent Models (BEM). In the future, we will combine this TQM with the development of the Industrial 4.0 era to get a new model for assessing organizational.
Parul Munjal, P. Malarvizhi
Journal of Technology Management for Growing Economies, Volume 12, pp 13-24;

There has been long-standing debate over whether or not firms gain economic competiveness from reducing their impact on the environment. Although ample literature is available on association between environmental performance and financial performance across various sectors, little empirical evidence is available in context of Indian banking sector. This research aims to analyze whether there is any significant relationship between environmental performance and financial performance of banks operating in India for a period 2013-14 to 2017-18. Secondary data has been collected for a sample of 83 banks operating in India. Content analysis was applied to extract information about environmental performance disclosed by sample banks followedby construction of environmental disclosure score index. Hierarchical multiple regression was applied to analyze relationship between environmental performance and financial performance after controlling for effects of size, financial leverage and capital intensity. Results exhibit no significant relationship between environmental performance and financial performance of banks operating in India. Findings of this research are expected to provide insight to users and readers of financial statements to have better understanding about the environmental practices carried out by banks. It would also contribute significantly towards decision making for policy makers in Indian banking sector to establish mandatory environmental legislations for reporting on environmental practices in order to improve non financial disclosure and financial performance in Indian banking sector.
Ashok Kumar Sahoo, Pradeepta Kumar Sarangi, Rajeev Gupta
Journal of Technology Management for Growing Economies, Volume 11, pp 49-53;

In almost all countries, classroom teaching has been suspended from mid March 2020 and currently no fresh dates have been announced by Governments to start the date. In view of this, almost all educational institutions in India are offering a variety of alternative teaching learning platforms to their students, whether Government run Institutions or privately run Institutions. The Institutions also conducted or planning to conduct their internal or final examinations through various platforms. In this paper, a number of online options for teaching and evaluation are discussed. The study is limited to India and discussion of software based platforms, whether web based or mobile apps based are considered. The research is limited to higher education sector specifically in undergraduate engineering education.
Anshu Singla, Nishu Bali, Deepika Chaudhary
Journal of Technology Management for Growing Economies, Volume 11, pp 63-67;

In times when everything is online, one thing which is common in every application is the use of data. Data is being generated every second, when applications are generating exponentially larger data sets every second it’s the big data which comes into effect. The major objective of this paper is to state the meaning of big data, figure out various ways as how to digest this data. Further this paper will also focus on the applications of Big Data in multiple segments: Finance, Banking and Securities and Health Care Sector .
Puninder Kaur, Taruna Sharma, Jaswinder Singh
Journal of Technology Management for Growing Economies, Volume 11, pp 55-61;

In the recent era, the demand of the internet is increasing. The Internet is global computer network that provide the sharing of data and information. Internet is useful in every field. It modifies the way of working, living style and contributed positive impact on our life. With the raising of the demand new tools and technologies are developed. The internet is classified in various generations depends on the functionality and key features. In this paper the generations of the internet and functionality are discussed. The internet has 1.0, 2.0, and 3.0 that provides internet protocols. Internet 4.0 and 5.0 are grownup and it works on wireless and sensor network devices. With the development of new generation the data rate, flexibility, Quality of service, performance and many other features are improved. In this survey focus on the features, techniques and tools provided by each generation.
Amandeep Kaur, Madhu Dhiman, Mansi Tonk, Ramneet Kaur
Journal of Technology Management for Growing Economies, Volume 11, pp 41-47;

Artificial Intelligence is the combination of machine and human intelligence, which are in research trends from the last many years. Different Artificial Intelligence programs have become capable of challenging humans by providing Expert Systems, Neural Networks, Robotics, Natural Language Processing, Face Recognition and Speech Recognition. Artificial Intelligence brings a bright future for different technical inventions in various fields. This review paper shows the general concept of Artificial Intelligence and presents an impact of Artificial Intelligence in the present and future world.
Nitika Kaushik Nitika, Poonam Arora
Journal of Technology Management for Growing Economies, Volume 11, pp 11-15;

Performance Appraisal is the process of assessing the accomplishments of workforce & to ac­knowledge their capabilities for facilitating development. Performance evaluation is one of the areas in Human resource management which is considerably affected by the spread of pandemic severe acute respiratory syndrome corona virus 2. This virus outbreak posed new challenges for the companies across the globe. As a result in order to tackle this uncertainty various organiza­tions have taken measures to cut down the expenses like deferment in the appraisal cycle or for muted salary increments. Thus one of the objectives of this paper is to study the impact of Covid -19 on performance appraisal of employees. Further this pandemic is equally challenging for the managers also. As social distancing and working remotely have become a new normal, employees work remotely from each other and from managers, and this will be more common in the fu­ture. Managers are now searching for new ways to ‘do visibility’ without always being physically present. It has also become the vital demand of the situation as managers must be aware of the circumstances in which employees are working in. Therefore another objective of this paper is to suggest an approach to manage the performance evaluations of remote working employees. It is recommended that managers should adopt the choice based approach for performance evaluation instead of control based approach. The review is formed on articles and reports from various internet sources and journals. Further some ways of managing the performance assessment of remotely working employees and scope for the future are also discussed.
Muskaan, Pradeepta Kumar Sarangi
Journal of Technology Management for Growing Economies, Volume 11, pp 23-27;

Analyzing the past trend and predicting the future movement is an important aspect for every business. Knowing the future value makes an organization more efficient in planning specially if it is related to financial factors. This can be achieved by analyzing the historical data of the company. This is called time series analysis. The increased application of computer and information technologies, has made this more effective and accurate which is called machine learning. Methods of Machine Learning (ML) have been proposed as alternative approach to statistical metthods by many researchers in their academic literature. This paper presents a review of the works where the authors have used machine learning techniques in financial forecasting.
Inderpreet Kaur Preet, Kamaljit Singh Saini
Journal of Technology Management for Growing Economies, Volume 11, pp 1-10;

The advent of state of the art advanced technologies is necessitated by the ever-increasing onset and infiltration of our lives by the smart devices and gadgets for providing an array of services. The conventional methods and techniques already becoming obsolete and the consistent and persistent demand for provision of high end services with a greater degree of accuracy by various sectors, paves the way for collaboration of smart technologies such as Internet of things, Internet of everything, Internet of Vehicles etc. with the smart gadgets and devices. This systematic review tries to explore the avenues for research and multiple streaming of segments by the analysis of allied smart systems comprising of smart devices and multi-dimensional IoT, IoE, IoV etc.
Deepti Sinha, Sachin Sinha
Journal of Technology Management for Growing Economies, Volume 11, pp 17-21;

The world in which we live is over brimming with chaos and turbulence. Unpredictability has become the order of the day. Everything around us seems to be in a state of continuous flux. We are trapped in the vortex of an unending cyclone of change. The very existence of humankind is in a state of dynamic equilibrium, so to say. We as a species are striving and struggling to survive in a world that can at best be summarily described by a four-letter acronym called VUCA (Volatile, Uncertain, Complex, Ambiguous). The world in general and the corporate world in particular needs to thinks about devising concrete strategies to overcome the challenges offered by these four dominant characteristic waves sweeping the environment. The paper aims to understand the volatility, uncertainty, complexity and ambiguity inherent in the environment in detail, to analyse the challenges offered by them and to finally explore the solutions to overcome these challenges.
Mekhla Sharma, Ankur Gupta
Journal of Technology Management for Growing Economies, Volume 10, pp 89-96;

Intercloud is a single logical entity orchestrating resources from different individual clouds providing on-demand resource provisioning in a seamless manner. However, achieving efficient resource discovery in the intercloud environment remains a challenging task owing to the heterogeneity of resources and diversity of cloud platforms. The paper briefs about intercloud resource discovery, outlines the current work done using existing approaches and examines the challenges involved. Finally, the paper explains the concept of blockchain and presents an innovative conceptual model for efficient resource discovery in intercloud.
Poonam Sharma, Navdeep Kaur
Journal of Technology Management for Growing Economies, Volume 10, pp 81-87;

Investment is important for improving productivity and increasing the competitiveness of an economy. The present paper is an attempt to explore the factors influencing the investment attitude of women working in the education sector in the Punjab State in India. Even though, general profile of women investors is changing in tune with time, but they are insulating in various spheres of investment such as awareness and preference of investment. Today, the role of women has changed from “Savers to Investors”. Factor Analytical results revealed that women investors prefer to invest in risk free securities. The level of financial knowledge also influences their investment attitude. The present study reveals the factors namely; secure investment avenues, financial literacy, stock market investment and post office schemes, bank deposits, physical assets, risk taking ability and concern for financial matters that are important to women working in education sector.
Pankaj Dariya, Vanshuka Puri, Amandeep Kaur
Journal of Technology Management for Growing Economies, Volume 10, pp 66-71;

Internet of Things (IoT) is the concept of providing automation by adding some level of digital intelligence to physical devices. It relates to the activities of data sharing, data controlling and automation among billions of physical devices around the world. Lower price of processor, wireless network and inexpensive technologies result in turning any object into the part of internet. Smart environment equipped with sensors provide automation in interrelated computing devices, machines, animals and human resources. Data collected from different smart devices is being interpreted by different researchers for analyzing in order to make better business decisions. This review paper has shown experimental research on the Internet of Things published since 2013. We summarize different applications of IoT in various fields and highlighted various issues related to different factors ofIoT. enabled devices.
Poonam Arora Poonam
Journal of Technology Management for Growing Economies, Volume 10, pp 73-79;

Cloud computing is enabling human resource (HR) management functions to strategically integrate into business operations. Its acting as a game changer for HR amid intense competition to survive and grow. Digital disruption, transformation, agility has set the new benchmarks for organizations to automate and redesign their functions. Cloud Computing offers HR a completely new dimension with cloud centric benefits like reduction in communication gap, increased organizational excellence, effective talent strategies, data driven decision making, and supporting revenue in organizations. Cloud Computing has the right capability to redesign major HR functions with agility to match the changing requirements of business, automating transactional activities, smarter decision making and meeting the business expectations. Use of HR cloud in organization can result into structural benefits beyond technological advancements. Cloud HR gives organizations flexibility of location, prompt information processing, effective use of data analytics and strategic decision making. This paper discusses ways through which cloud computing could be integrated into HR functions. An analysis on applications of cloud computing in human resource areas with their outcomes is also presented in this paper. A brief note on future prospects of cloud computing in HRM is also discussed.
Rati Shukla, Anjana Singh
Journal of Technology Management for Growing Economies, Volume 3, pp 63-78;

LASIK (Laser in siter kerato milensis) is a form of refractive surgery which intends to correct eye sight error and reduces the need of other visual aids like glasses and contact lenses. With the emergence of latest technologies in the eye care, the aim of this paper is to explore the eye sight correction surgery: LASIK in the National Capital Region of Inida. It would further identify the market segments that have undergone the surgery or intend to do so in the future, hence highlighting the customers' perception about the same.The research explores upcoming technologies through personal interviews with Eye surgeons in the National Capital Region. The interviews specifically emphasize on the technological milestones in the eye correction area. Further, a questionnaire based survey was conducted, to evaluate customers experience and expectations from these eye care technologies. The study hence, provides a comprehensive overview of the technological high points in the eye sight correction. Also the paper focuses on the various apprehensions raised by customers relating to safety and pricing of these eye surgeries.
Tanuja Kaushik, Monica Bhardwaj
Journal of Technology Management for Growing Economies, Volume 4, pp 85-96;

The business paradigms are changing amidst changing business environment. There are newer technologies at disposal, rising customer awareness and their expectations from the need to attain efficiency and effectiveness in business processes for survival and competitive advantage. This paper provides insights on the significance of business decision making and present state of organizations that are striving to achieve optimal utilization of limited business resources. The paper highlights the nature of linear programming model and its importance in effective business decision making. The business impact of model is illustrated in the case using the linear programming model and transportation method through excel solver in computer manufacturing firms to help in deciding optimum quantity to produce within limited resources and how the computers manufactured can be distributed to market places at minimal cost. The paper elicits the effectiveness of the linear programming model to realize good decision making in business by meeting the business objectives through optimal utilization of resources. It concludes that model driven decision support system enhances the productivity and profitability of the firm in a constrained environment and is a highly effective model for solving business problems.
Fred Phillips, G. George Hwang, Pornpimol Limprayoon
Journal of Technology Management for Growing Economies, Volume 7, pp 7-26;

We examine whether the ‘strategic inflection points’ described by former Intel CEO Andy Grove correspond to mathematical inflection points in the product/technology life cycle. We find one sense in which they do and two senses in which they do not. This leads to a mapping of colloquial uses of inflection point, tipping point, volatility, chaos, and turbulence against the scientific definitions of these terms. The mapping should be of use to researchers and educators, and also suggests to managers that the possibility of foresight and control in technology-dependent industries is more sharply limited than generally believed. The paper highlights implications for organizational sustainability and offers possible coping mechanisms for managers and directions for educators and researchers.
Sharam Gilani Nia, Bahram Sharif, Neda Habibzadeh, Musa Rezvani
Journal of Technology Management for Growing Economies, Volume 2, pp 103-113;

Improving the public transportation problems should rely on integrated multidimensional transport policies which can soften the demand of infrastructure investment. However, it would be very difficult to fully consider the multi-dimensional transport polices in planning framework because there would be too many possible policy combinations to be evaluated. So, this study attempts to develop an analytic framework for evaluating urban integrated transport policies comprehensively, including strategies of investment, pricing, management and regulation. To deal with the difficulty of too many policy combinations, genetic algorithms will be used to search for the optimal strategy combination for integrated transport strategy. Finally, the relationship between quantified objectives, policy combinations, and assessment performances would be analyzed using the proposed model.
Ramani Srinivasan, Anjaneyulu Kuchibhotla, Godavari Srinivasu, Bhushan Matad
Journal of Technology Management for Growing Economies, Volume 1, pp 9-22;

Proof “The objective of this paper is to discuss the cost-effective technologies developed at HP Labs India to make paper documents tamper-proof. We started with a real customer problem: to ensure that printed government land records should be tamper-proof. We first looked at existing techniques to see if they could address the problem but subsequently had to come up with our own technology. To address the problem, there was a need to identify good pilot customers to promote adoption of technology. Another challenge was around the customer's lack of awareness in terms of the impact of fraudulent documents on their business, and the difficulty of selling solutions versus selling products. Technology invention plays a small part in the final success of any customer-driven innovation, and so other factors should not be ignored. There were several other specific conclusions related to the innovator, the customer-facing staff and the customers. The key contributions of this work was starting with a real customer problem and dealing with end-to-end issues related to adoption of technology to make paper documents tamper-proof. “
Aman Chugh, Renuka Sharma, Kiran Mehta
Journal of Technology Management for Growing Economies, Volume 8, pp 145-166;

In the recent globalised financial markets, financial markets are more integrated which leads to more foreign exchange risk for firms. In such scenario currency derivatives are top most operational hedging strategy to manage foreign exchange risk. This scenario is different in developed and emerging markets as turnover of derivatives is growing swiftly in emerging markets and uses of currency derivatives is common but lower in comparison to the interest rate derivatives. In emerging markets (Hong Kong, Singapore and Brazil) use of currency derivatives is fifty per cent of total derivative traded follow by equity derivatives and interest rate derivatives (Mihaljek and Packer, 2010). The benefits of doing hedging have been discussed by many finance experts. These include classic contribution by Miller and Modigliani (1958) and then by Smith and Stulz (1985). Several studies have employed the questionnaire approach for the analysis of exchange-rate exposure management in non-financial firms (e.g. Bodnar and Gebhardt, 1999; Hakkarainen et al., 1998; Bodnar et al., 1998; Marshall, 2000; Ceuster et al., 2000; Mallin et al., 2001). The most refered study is Bodnar et al. (1998), which considered publicly traded U.S. firms. The present study examines the forex risk management by SMEs and unlisted non-financial forms in the form of literature review.
Journal of Technology Management for Growing Economies, Volume 6, pp 26-44;

Technology licensing and transfer is subject to problems of asymmetric information including moral hazard. This study explores the effects of informal governance, knowledge tacitness, and organizational receptivity on the preference of variable royalty scheme in the context of technology licensing. Drawing on the classic principalagent model, we assume that the variable royalty scheme is a process-based contract where the licensee is the principal and the licensor is the agent. The results show that informal governance facilitating goal alignment is positively associated with the variable royalty scheme (i.e. the process-based contract). Organizational receptivity promotes the legitimacy to imposing routines, evaluating the technology, and forming expectation, and is positively associated with the variable royalty scheme. Knowledge tacitness is negatively associated with the variable royalty payment, which implies less transfer programmability moves payment from variable royalties to a fixed fee. Our arguments are significantly different from classic principal-agent relationship that does not involve the dimension of licensee transfer and monitoring capacity
, Björn Ivens
Journal of Technology Management for Growing Economies, Volume 4, pp 31-50;

The fields of frugal and reverse innovation as well as sustainability and its management have received tremendous interest in recent times. However, there is little literature on how both fields are related to each other. Hence, this paper gives an overview of research in both areas and provides a view of the relationship between frugal and reverse innovation, sustainability management and performance constructs. The link between frugal and reverse innovation on the one hand and sustainability performance on the other hand is established through a differentiated perspective on dimensions representing different fields of sustainability management, i.e. the sustainability of resources used in value creation, the sustainability of the actual value creation processes, and the sustainability of the outcomes of value creation processes. Moreover, we also argue for a positive link between the three dimensions of sustainability management and a company’s market performance.
Neerja Raman
Journal of Technology Management for Growing Economies, Volume 1, pp 71-85;

In the last decade, a global economy saw unprecedented growth that resulted in world recognition of developing countries as having superpower potential. But, in economies like India growth has not been beneficial for large segments of the population thus creating a socially volatile opportunity gap between the rich and the poor. Through examination of game changing technology and business models, this article poses a strategy to support creation of a new economy that does not have to make a choice between growth and poverty eradication. The approach calls for leaders to invest in locally appropriate technology research, build market forces to scale impact in rural or remote areas and to expand on the success of the microfinance ethos of investing in people through education, training and healthcare. While challenges are acknowledged, this article focuses on the key innovation advantages: a growing market and a young population demographic which can position India as a leader in sustainable growth for the world. Partnerships between government, corporations, and academics that foster entrepreneurship can achieve economic as well as social prosperity and examples are provided as impetus in overcoming resistance to change.
Chihiro Watanabe, Kasheef Naveed, Weilin Zhao
Journal of Technology Management for Growing Economies, Volume 5, pp 49-71;

In light of the significant consequence of the trap of dramatic advancement of information and communication technology (ICT) in the global economy, both nations and firms that have been compelling their productivity decline. This resulted in great stagnation of ICT advanced economies and therefore its structural sources were analyzed. Based on an empirical analysis tracing, the trend in marginal productivity of ICT and its subsequent prices among the top ICT leaders in the world over the last two decades correlating with the effects of ICT, two faces of ICT advancement were identified. On one side, advancement of ICT contributes to its prices increase by new functionality development, its dramatic advancement particularly centered by internet results in the decline of its prices through freebies, easy copying, and standardization. It was demonstrated that the success of ICT leaders could largely be attributed to the way in which the two faces of ICT advancement were managed by maximizing the positive face of ICT advancement. This is done by means of the effective utilization of external resources in innovation while minimizing the negative face by outsourcing price decreasing factors. All of the aforementioned points can be invaluable lessons for global sustainability in both ICT advanced and growing economies in the midst of the advancement of ICT. The significance of innovation-consumption co-emergence for harnessing the vigor of counterparts is discussed.
Ravi Singla, Gurmeet Singh
Journal of Technology Management for Growing Economies, Volume 8, pp 167-180;

Corporate failure is the situation when a firm becomes unable to pay debts when they come due and the market value of assets becomes lower than its total liabilities. The purpose of the paper is to explore the relationship between firm size and probability of failure for Indian steel sector companies by employing regression model. Altman’s Z-score model has been used to derive the firm’s probability of failure, whereas total assets and total sales are utilized as indicators for firm’s size. The results indicate that size is inversely related to the probability of failure. With an increase in the size of the firm; probability of failure decreases and vice-versa.
Uchit Kapoor, Robert Seinfield
Journal of Technology Management for Growing Economies, Volume 10, pp 7-18;

UNESCO promoted global citizenship (gitizenship) since the launch of the UN Secretary-General’s Global Education First Initiative (GEFI) on August 22nd2012, which made fostering global citizenship one of its three priorities. This is a pedagogical guidance on global citizenship with 3 major outcomes: Education,Defense and Trade. (Taylor, 1997). It is the prerogative of the international community to clarify the conceptual underpinnings of global citizenship and providepolicy and programmatic directions, this paper which is to a large extent conceptual and directive in nature has been developed in response after deeply studying the needs and demands of and on integrating global citizenship in most of the active countries in the world. It presents suggestions for translating global citizenship education concepts into practical and age specific topics learning objectives in a way that follows principles of adaptation in local contexts.It is intended as a resource for educators, curriculum developers, trainers as well as policy-makers, but it will also be useful for other education stakeholders working in non-formal and informal settings. Global citizenship encompasses a sense of belonging to whole humanity and common mankind. It emphasizes political, economic, social and cultural interdependency and interconnectedness between the local, the national and the global. Growing interest in global citizenship has resulted in an increased attention towards global dimension of citizenship, education, policy, curricula, teaching and learningThey can serve as the basis for defining global citizenship goals, learning objectives and competencies, as well as priorities for assessing and evaluating learning. These core conceptual dimensions are based on three domains of learning: cognitive, socio-emotional intelligence and global citizenship education (Freud, 1905).
Neha Sharma,
Journal of Technology Management for Growing Economies, Volume 9, pp 71-88;

Banking is a process which predicts the relationship between sources of funds and their application. The basic process of banking helps the society to bridge the gap between availability and usage of these available funds in a correct manner. Over the years the banks have developed in a very big way, and with the growth of banking business, banking frauds have taken birth. The history of banking frauds is almost as old as the banking startup. Today, bank frauds have taken all possible forms and are prevalent in every facet of banking. There is a spirited need for banks to always stay alive to threat of frauds, build strong systems that can shield, pre-empt frauds, continuously monitor and review the efficiency of such preventive systems. To succeed in controlling frauds, banks need to be proactive and pre-emptive. This study establishes a theoretical framework with regards to banking frauds in the Indian context as well as shows the picture of frauds in banking sector outside India. By reviewing various studies in the area of banking frauds the paper built a research model which further helps to find out various types of frauds and reasons for the same, and will definitely give new scope to further studies. The present study sheds light on the area by reviewing various studies in the field of banking frauds. The study helps to find out the growth and trends of frauds in the banking sector and specially focuses on Indian Banking sector, as at present there are very few studies which give an in-depth insight of frauds in banking sector. Further the study also reviews the role of employee and customer with regard to banking fraud studied which is primarily needed in the context of Indian Banking system. The present study is conducted by collecting secondary data from the published and unpublished Sources, Government Publications, journals, magazines, books and periodicals etc
Chaitanya Singla, Pradeepta Kumar Sarangi, Sunny Singh, Ashok Kumar Sahoo
Journal of Technology Management for Growing Economies, Volume 10, pp 43-50;

Consumer price index (CPI) a popular economic indicator for India that represents the prices paid by customers for goods and services consumedby them.CPI is often used as an economic indicator that reflects the change in prices of goods and services over a period of time. In this work an attempt has been made to develop a forecasting model for India’s CPI for the period of May to December 2018. The data used in this work is the all-India CPI data for the period January 2013 - April 2018. SPSS Expert Modeler method has been used to fit the models and analyzing the data.
S. Rama Mohan
Journal of Technology Management for Growing Economies, Volume 3, pp 79-94;

The relationship between The country that facilitates strategic relationships among research institutes and industries, through appropriate mechanisms, gains a competitive edge through faster technology development, transfer and commercialization. Successful technology development and transfer, needs early identification of potential technologies and assessment of their commercial potential. This study examines various models for technology selection and technology development available in the literature. Also, this communication presents various government initiatives that promote technology development, transfer and commercialization in Indian public research institutes. These initiatives try to bridge the gap between research institutes and industry and help research institutes to commercialize the technologies emanating from it. Important initiatives and their implementation were identified using an explorative study through a review of secondary sources and websites of concerned government departments.
Vivek Verma, Vasilki T Zoumpa
Journal of Technology Management for Growing Economies, Volume 3, pp 55-88;

To further substantiate the role of inter-organizational networking in innovation, we explored the positive impact of large networks on innovation in the biotechnology industry. The research was conducted in two parts. In the first part, a qualitative research methodology using exploratory case study is performed on the three SME members of the UK-based biotech network One Nucleus. In the second part, a quantitative research approach using comparative empirical OECD data analysis is performed. The two research methodologies used are subsequently linked together thorough a unique research approach known as processual research. A new insight is explored regarding issues linked to inter-organizational networking, like the role of networks on organizational learning, the role of third party organizations within networks, diversity of partners and the nature of learning (localized vs. global) within biotech networks. The primary data is generated on the number of alliances, types of alliances and types of innovation, whereas innovation is measured as a dependent variable. Empirical results obtained clearly indicate that innovation output (patent approval rate, patent success rate) with respect to each alliance made by the sample firms is positively impacted by the parent biotech network One Nucleus.
Michele Y.C. Chew, Chihiro Watanabe, Yuji Tou
Journal of Technology Management for Growing Economies, Volume 1, pp 29-47;

This paper illustrates Singapore’s strategy in catching up with global water treatment nations. Water is an important economic resource for Singapore, creating value-added jobs and stimulating research and development in various related technology trajectories. The analysis shows that from a nation lacking in competence in the water industry, Singapore has successfully transformed herself into a global hydrohub, exporting indigenous capabilities and offering consultancy for water projects. With long-term government policies and funding support for initial R&D and subsequent industry R&D inducement by means of the introduction of Public-Private Partnership (PPP) programme, Singapore has been able to build up her competence in waste water treatment. This is probably the first paper that analyses the development of the water industry in Singapore from the management of technology and policy perspectives.
Narasimalu Srikanth, Chihiro Watanabe
Journal of Technology Management for Growing Economies, Volume 3, pp 7-53;

In light of a conspicuous strength in China’s solar industry in recent years this paper analyzes an institutional source of its strength. Empirical analysis was conducted focusing on the interaction between indigenous semiconductor industry (“East”) and newly emerging solar industry in absorption of global best practices (“West”) thereby fusion between them was demonstrated. Success of this fusion can be attributed to a joint work between industry’s intensive effort in learning global best practices for exploring new business and government’s catalytic role for the attainment of decarbonisation society for nation’s sustainability. This suggests a new insight for growing economy for its development of global competitive industry.
Suguru Tamura
Journal of Technology Management for Growing Economies, Volume 4, pp 67-83;

This study aims to elucidate the relationship between Research and Development (R&D) and standardization of Information and Communications Technology (ICT) services in high technology industries of Japan. The study focuses on Intellectual Property (IP) standardization activities as a key factor in corporate innovativeness. The author examines the magnitude of the effects of R&D and standardization on patent applications in the Japanese electric machinery industry, which provide ICT services and includes the electric appliance manufacturers. The number of patent applications is known to have a positive impact on corporate innovativeness and can be used as a proxy for determining this magnitude of the impact. Pearson correlation coefficient between the number of persons engaged in IP standardization activities and the number of patent applications is found to be positive, but smaller in comparison with the number of persons engaged in R&D activities. However, the impact of standardization is larger than what is generally anticipated. These findings might assist corporate managers in decision making pertaining to allocating human resources.
Rajesh Kumar, Swapna Devi, S.S. Pattnaik
Journal of Technology Management for Growing Economies, Volume 1, pp 113-122;

“In this paper FPGA based hardware co-simulation of an area and power efficient FIR filter for wireless communication systems is presented. The implementation is based on distributed arithmetic (DA) which substitutes multiply-and-accumulate operations with look up table (LUT) accesses. Parallel Distributed arithmetic (PDA) look up table approach is used to implement an FIR Filter taking optimal advantage of the look up table structure of FPGA using VHDL. The proposed design is hardware co-simulated using System Generator10.1, synthesized with Xilinx ISE 10.1 software, and implemented on Virtex-4 based xc4vlx25-10ff668 target device. Results show that the proposed design operates at 17.5 MHz throughput and consumes 0.468W power with considerable reduction in required resources to implement the design as compared to Coregen and add/shift based design styles. Due to this reduction in required resources the proposed design can also be implemented on Spartan-3 FPGA device to provide cost effective solution for DSP and wireless communication applications.”
Balachandra, Prema K.V.
Journal of Technology Management for Growing Economies, Volume 1, pp 77-92;

“Authentication of users in an automated business transaction is commonly realized by means of a Public Key Infrastructure(PKI). A PKI is a framework on which the security services are built. Each user or end entity is given a digitally signed data structure called digital certificate. In Hierarchical PKI, certificate path is unidirectional, so certificate path development and validation is simple and straight forward. Peer-to-Peer(also called Mesh PKI) architecture is one of the most popular PKI trust models that is widely used in automated business transactions, but certificate path verification is very complex since there are multiple paths between users and the certification path is bidirectional. In this paper, we demonstrate the advantage of certificate path verification in Hierarchical PKI based on forward path construction method over reverse path construction method with respect to the time requirement. We also propose a novel method to convert a peer-to-peer PKI to a Depth First Search(DFS) spanning tree to simplify the certificate path verification by avoiding multiple paths between users, since the DFS spanning tree equivalent of peer-to-peer PKI contains only one path between any two Certification Authorities.
Mary Mathew, Anirudha Dambal, V. Chandrashekar
Journal of Technology Management for Growing Economies, Volume 1, pp 55-75;

“Innovation is one of the best-known indicators of organizational competitive advantage. However, little is known about the innovation behavior of SMEs in developing countries. The capacity of SMEs to be lean, flexible and agile makes their potential for innovation, high. Their R&D demographics is a good indicator of whether they will be potentially innovative or not. It is with this aim that we studied the R&D characteristics of Indian SMEs. The survey methodology was used. The questionnaire method was used for data collection. A sample of 55 Indian SME organizations in the pharmaceuticals, information technology, machine tools and precision tools sectors were surveyed. The metrics used to measure R&D demographics included spread of R&D activities within the SMEs, R&D expenditure of the SMEs, education levels of the SMEs, collaborations of the SMEs for technology acquisition and clients of the SMEs between foreign and Indian markets. Implications and policy suggestions are also discussed.
Yudai Arai, Tomoko Kajiyama, Noritomo Ouchi
Journal of Technology Management for Growing Economies, Volume 5, pp 35-50;

In light of the rapid growth of social networks around the world, this study analyses the impact of social networks on the diffusion of products and demonstrates the effective way to diffuse products in the society where social networks play an important role. We construct a consumer behaviour model by multi-agent simulation taking the movie market as an example. After validating it by using data from 13 US movies, we conduct simulations. Our simulation results show that the impact of social networks on the diffusion differs according to the customers’ expectations and evaluation for a movie. We also demonstrate the effective weekly advertising budget allocations corresponding to the types of movies. We find that the difference of weekly advertising budget allocations gives greater impact on the diffusion with the growth of social networks. This paper provides firm’s managers with important suggestions for diffusion strategy considering the impact of social networks.
Sudeep Rathee
Journal of Technology Management for Growing Economies, Volume 5, pp 73-88;

Continuing with work of Rathee and Kapil (2013) on assessing the paradigm shift for investments due to climate change, this paper presents a review of the climate economics to add to the precious work on climate science. In its various sections the paper presents the economic treatment of climate problem as a market-failure from the perspectives of externalities and cost benefit analysis and reveals the dimensions of marginal abatement costs, and inter-generational equity. An assessment of likely total economic costs incurred due to climate change is presented to understand the scale of asset-value loss and economic risks faced by investors. We thereupon also investigate the various economic instruments that have been proposed by economists and implemented in policy for adaptation to and mitigation of climate change activity. In the penultimate section, a discussion is presented on challenges and opportunities for private investors in light of the climate economics revealed earlier in the paper. This research will add further to the work presented earlier in the series and adds another perspective of interdisciplinary dimension to the benefit of climate and economic researchers. For further action, the future researcher can build on this collective work to investigate for evidence on investable financial instruments that provide opportunities to allocate capital in the climate adaptation and mitigation related sectors.
Kirti Sharma
Journal of Technology Management for Growing Economies, Volume 4, pp 51-26;

Knowledge management (KM) has gained a lot of importance due to the value, which it has offered to the organizations. It has been observed that Information Technology (IT) has further made this task easier. KM efficiency of an organization varies due to its KM capabilities. KM initiatives in the industry are numerous and IT is an important tool to get these implemented. This paper helps to understand the organizational impact of KM initiatives and its assessment. The paper has two parts. The first part, which talks about organizational impact of KM is exploratory in nature. The second part is based on primary data collected from listed BSE companies. Data is analyzed to check whether organizations, which are practicing KM, are aware that they are doing KM. The paper concludes that better the KM capabilities, better will be the KM implementation results. The benefits of KM are both tangible and intangible. The paper would be helpful to the industry and to the researchers and would facilitate future research in the area to assess the impact on performance by organisations applying KM.
Narasimalu Srikanth, Chihiro Watanabe
Journal of Technology Management for Growing Economies, Volume 5, pp 7-32;

China has demonstrated world leading wind energy development in the last five years which can be attributed to the fusion between its design and manufacturing strength in indigenous wind turbine industry and newly emerging wind energy industry in absorption of global best practices. An empirical analysis of China’s wind energy development trajectory over the last decade focusing on the technology sourcing from foreign firms in support of domestic players for accelerating functionality development through enhanced knowledge identification, absorption, assimilation and acclimatization was attempted. Important lessons learned include (i) importance of supply chain in the technology diffusion, (ii) effective technology acquisition and assimilation through early domestic firm engagement, (iii) effect of relevant domestic firms involvement in technology transfer partnership to induce inter-industry spillovers, and (iv) a framework for an emerging nation to develop new functionalities. Similarity and disparity with similar success of fusion in solar industry (JTMGE 3, 2) were also identified.
Ajay Ahuja, Vinayshil Gautam
Journal of Technology Management for Growing Economies, Volume 3, pp 105-117;

Data Centers are sub organizations within an IT organization and form an integral part of e-enabled services infrastructure. Their effectiveness is essential for effectiveness of overall IT organization leading to efficient and effective delivery of e-services. Data Center organizations aim for Organizational Effectiveness. Many factors and measures can contribute to Organizational Effectiveness of Data Centers. This paper presents some of the findings from a research study on “Select aspects of Organizational Effectiveness of Data Centers”. As an outcome of this study, amongst other measures, Total Cost of Ownership (TCO) was derived as a critical measure for effective Data Centers. Lower TCO leads to cost effective Data Centers, leading to overall effectiveness. In this paper, we briefly introduce various measures of Data Centers’ Organizational Effectiveness and present a detailed analysis of Total Cost of Ownership (TCO) as a key measure of Data Centers’ Organizational Effectiveness. We also present various factors contributing to reduced TCO and a comparison between the factors contributing to TCO for Government and Corporate Data Centers.
Kate Varini, Pavan Sirsi
Journal of Technology Management for Growing Economies, Volume 3, pp 33-46;

The objective of this study is to explore how social media strategies can be integrated with the function of revenue management. A survey was used to evaluate the extent to which some travel firms use/perceive social media. This study explores possible synergy between the time spent developing social media channels and the opportunities these might generate for travel firms active in the application of revenue management tactics. This has lead to the recommendation of new practices that could potentially enhance future revenue and profit. The present study identifies that travel firms can build opportunities to capture additional revenues by focusing on building engaging and useful content for customers. The travel industry is just beginning to embrace the need to combine public relations (PR) activities with new marketing approaches that must engage, rather that use interruption and coercion to generate sales. As engagement of the public with social media grows, it is evident that this will have implications for revenue management approaches, in the same way that approaches to PR and marketing have needed to evolve with the growth in online interaction between consumers. A shift in strategic outlook may enhance the ability of travel companies to sell valued products, improve customer relationships and increase their bottom-line; hence it becomes even more important for such organizations to ensure they have a solid social media strategy.
Masahiro Nakagawa, Chihiro Watanabe
Journal of Technology Management for Growing Economies, Volume 8, pp 93-112;

This paper explores the roles of technological innovations in the growth of Japan’s motor vehicle industry, mainly from technology spillover perspective from the early 2000s to today. An empirical analysis focusing on business performances, R&D investments, and patent applications taking a noteworthy unique case in Japan was attempted. Empirical analyses on the productivity of patent to technology stock, use of exogenous technologies for their own technological innovation on its Automotive Business Unit elucidated that innovation capabilities, incorporation of exogenous technologies, and profit generation makes a virtuous cycle of continuous technological innovation. Furthermore, we found that the range of technology spillovers is not only expanding along with the development of information communication technology but also superposing itself intricately between organizational (industry– firm–business unit) layers.
Kayano Fukuda, Chihiro Watanabe
Journal of Technology Management for Growing Economies, Volume 1, pp 105-123;

Japan has achieved conspicuous technology advancement and subsequent productivity increase by overcoming threats and constraints of sustainable development of economy and society. The achievement can be attributed to a sophisticated combination of industrial efforts and government stimulation. This paper analyzes the government role in inducing industrial strength in Japan. Empirical analyses were conducted focusing on technology driven development trajectory between Japan and the US over the last two decades. The results reveal that Japan incorporates sophisticated mechanism enabling the hybrid management of technology fusing indigenous strength and learning ability. While the combination of government and industry stagnated in the 1990s, a swell of reactivation emerged in the early 2000s. This can largely be attributed to revitalization of the mutual interaction between government and industry. Such a catalyst role of government R&D inducing the hybrid management demonstrated by Japan would provide a new insight in emerging economies.
Jyotiranjan Hota, Saboohi Nasim, Sasmita Mishra
Journal of Technology Management for Growing Economies, Volume 9, pp 89-101;

As an incremental change to single vendor ATM Technology, multivendor (MVS) ATM technology has already penetrated into Indian Market. However, its growth in Indian market may depend on several factors. Understanding the drivers and barriers from the point of view of all the stakeholders of this technology can provide a preliminary understanding about its growth in India. This paper attempts to compile the empirical findings from three studies on three stakeholders and provides a synthesized finding on the possible drivers and barriers of this technology implementation in India.
M. M. Goel, Ishu Garg
Journal of Technology Management for Growing Economies, Volume 9, pp 103-123;

The provision of health infrastructure is one of the major areas of concern in Indian economy including Haryana. Health infrastructure which comprises all the resources necessary to provide health services, is proved to be essential to create health human capital. Thus, being a merit good, establishment of health infrastructure is the prime duty of the State. With this backdrop, the present study is attempted to construct health infrastructure index for the State of Haryana. On the basis of the available data taken from various issues of Statistical Abstract of Haryana, fourteen indicators of health infrastructure are considered for the period of twenty one years from 1991-92 to 201112. First of all, the collected data is analyzed by computing descriptive statistics which reveal that seven indicators of health infrastructure possess positive compound annual growth rate (CAGR) while seven others have negative CAGR and certain indicators have experienced high variations in their number over the years. Next, normalization of data is done and then by applying principal component analysis (PCA), composite index for health infrastructure is constructed in various steps including correlation matrix, KMO measure and Bartlett’s test; eigenvalues of components; component loading matrix; calculation of weights for variables (indicators of health infrastructure) and finally health infrastructure index. As per index scores, ranks are given to the State for its health infrastructure for all twenty one years. It is found that health infrastructure in Haryana for the year 2004-05 have attained rank 1st with index score 1.000, followed by 2011-12 with score 0.837 and the year 2003-04 having the value of 0.764. Between 1991-92 and 2011-12, up and downs in index scores as well as in ranks are seen. Besides, score of health infrastructure index remain up to 0.5 for eleven years while above 0.5 for ten years. However, the year 200910 can be considered quite embarrassing for which score of health infrastructure index is zero indicating availability of health infrastructure was at lowest level in this year. Fortunately, the year 2011-12 having 2nd rank in health infrastructure index arises a ray of hope for the further promotion in the availability of health infrastructural facilities in coming years in State of Haryana. However, negative growth rates of certain indicators and low scores of health infrastructure index calls for immediate attention of Government with sufficient investments towards health infrastructure in Haryana.
Journal of Technology Management for Growing Economies, Volume 8, pp 181-189;

This study aims to review the current literature on Organization Learning and Knowledge Management, particularly in relation to development in the organizational framework in Insurance sector, also in order to map out the rationale and objectives of using Knowledge Management and Organizational Learning in this field. The problem that lead to study Organization Learning and Knowledge Management is due to changing and competitive culture of organizations. Change therefore demands new Knowledge, new ways of strategic actions. That’s why the organizations have to restructure their organisational culture which creates a foundation for continuous learning. In this way the concept of organization learning emerged. Thus, Organisation Learning motivates the culture and produce the Knowledge. Thus this paper endeavors to analyze the situation in 4 Public Insurance companies in and around Punjab.
Deepti Sinha, Sachin Sinha
Journal of Technology Management for Growing Economies, Volume 10, pp 19-27;

Technology is proving to be both an enabler and a disabler as far as meaningful and effective brand experience is concerned. As humankind continues to march towards an elusive and illusive utopia of technological advancement, the personal touch of the brand experience is fast becoming a thing of the past. While it cannot be denied that the modern methods of marketing are leaving no stone unturned in ‘connecting’ with the customer, but, ironically enough, it is the ‘customer connect’ itself, which is getting lost in the process. Modern marketing, in general, and its digital avatar, in particular, are creating what can be called an ‘imaginary intimacy’ with the customer. The poor Alice-like customer is being led into a Wonderland of false promises. The clueless customer is being hoodwinked into believing that the gadget on his palm or his lap or his desk is the repository of remedies for all maladies. The biggest demerit of the digital revolution in marketing is that it has reduced consumer behaviour to a set of split-second reflex actions. The ‘thinking consumer’ is an endangered species now. This is a casualty of phenomenal proportions, which the marketer will realize to his detriment in the long run.
Sunil C. D'Souza, A.H. Sequeira
Journal of Technology Management for Growing Economies, Volume 2, pp 47-60;

The paper explores current status of information systems, identifies gaps in the current information systems and assessment in healthcare organization. This paper is based on Critical Analysis of literature and a questionnaire is administered on administrative level employees of South Indian healthcare organizations. It has been identified that healthcare organization should have specific strategy and must implement measures derived from strategy. Data and information systems should be seen as business resources. The knowledge base of medical field is large and it is growing rapidly. Hence information system must be integrated across the enterprise. The results of the study determined the relationship between measurement, analysis and knowledge Management on performance. The Information system is the newest dimension among the MBNQA (Malcolm Baldrige National Quality Award) criteria. The Information system performance was assessed in terms of management relevant data and information. The outcomes suggest that there is a growing recognition of the administrators about the importance and use of information systems as a critical resource in healthcare organizations. From the study it is inferred that information system analysis continues to be a challenge. The higher utilization of technology, computerization and the Internet has resulted in dramatic change in the quality performance of the Healthcare Organizations. The paper provides an empirical evidence that information system has an impact on performance in the context of healthcare organizations. The information system is a key performance area of Quality management and it has received limited attention in improving quality performance including MBNQA. Finally, the study concludes that there is an immense scope for altering current information systems and it should be aligned with the quality management environment.
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