scholarly journals Taming Disruption? Pervasive Data Analytics, Uncertainty and Policy Intervention in Disruptive Technology and its Geographic Spread

2019 ◽  
Vol 8 (1) ◽  
pp. 34 ◽  
Author(s):  
Roger Brackin ◽  
Michael Jackson ◽  
Andrew Leyshon ◽  
Jeremy Morley
Keyword(s):  
Big Data ◽  
Technology Development ◽  
Specific Aspect ◽  
Disruptive Technology ◽  
Policy Intervention ◽  
Disruptive Effect ◽  
Geographical Spread ◽  
Political Implications ◽  
Technology Transition ◽  
Historic Data

The topic of technology development and its disruptive effects has been the subject of much debate over the last 20 years with numerous theories at both macro and micro scales offering potential models of technology progression and disruption. This paper focuses on how theories of technology progression may be integrated and considers whether suitable indicators of this progression and any subsequent disruptive effects might be derived, based on the use of big data analytic techniques. Given the magnitude of the economic, social, and political implications of many disruptive technologies, the ability to quantify disruptive change at the earliest possible stage could deliver major returns by reducing uncertainty, assisting public policy intervention, and managing the technology transition through disruption into deployment. However, determining when this stage has been reached is problematic because small random effects in the timing, direction of development, the availability of essential supportive technologies or “platform” technologies, market response or government policy can all result in failure of a technology, its form of adoption or optimality of implementation. This paper reviews key models of technology evolution and their disruptive effect including the geographical spread of disruption. The paper then describes a use case and an experiment in disruption prediction, looking at the geographical spread of disruption using internet derived historic data. The experiment, although limited to one specific aspect of the integrated model outlined in the paper, provides an initial example of the type of analysis envisaged. This example offers a glimpse into the potential indicators and how they might be used to measure disruption hinting at what might be possible using big data approaches.

scholarly journals Taming Disruption? Pervasive Data Analytics, Uncertainty, and Policy Intervention in Disruptive Technology and Its Geographic Spread

2018 ◽  
Author(s):  
Roger C. Brackin ◽  
Michael J. Jackson ◽  
Andrew Leyshon ◽  
Jeremy G. Morley
Keyword(s):  
Big Data ◽  
Technology Development ◽  
Analytical Techniques ◽  
Disruptive Technology ◽  
Policy Intervention ◽  
Disruptive Effect ◽  
Potential Models ◽  
Disruptive Technologies ◽  
Political Implications ◽  
Technology Transition

The topic of technology development and its disruptive effects has been the subject of much debate over the last 20 years with numerous theories at both macro and micro scale offering potential models of technology progression and disruption. This paper focuses on how the potential theories of technology progression can be integrated and considers whether suitable indicators of this progression and any subsequent disruptive effects (particularly considering these geographically) might be derived, based on the use of big data analytic techniques. Given the magnitude of the economic, social and political implications of many disruptive technologies, the ability to quantify disruptive change at the earliest possible stage could deliver major returns by reducing uncertainty, assisting public policy intervention and managing the technology transition through disruption into deployment. However, determining when this stage has been reached is problematic because small random effects in the timing, direction of development, the availability of essential supportive technologies or “platform” technologies, market response or government policy can all result in failure of a technology, its form of adoption or optimality of implementation. This paper reviews some of the key models of technology evolution and their disruptive effect including, in particular, the geographical spread of disruption. It suggests a methodology for utilising the recent explosion of open and web-discoverable data to determine a methodology to achieve this earlier determination and considers the potential exploitation of big data modelling and predictive analytical techniques to achieve this goal.

Challenges and Cloud Computing Environments Towards Big Data

2014 ◽  
pp. 203-208
Author(s):  
Kiran Kumar S V N Madupu
Keyword(s):  
Data Mining ◽  
Cloud Computing ◽  
Big Data ◽  
Technology Development ◽  
Computing Environments ◽  
Modern Technologies

Big Data has terrific influence on scientific discoveries and also value development. This paper presents approaches in data mining and modern technologies in Big Data. Difficulties of data mining as well as data mining with big data are discussed. Some technology development of data mining as well as data mining with big data are additionally presented.

Domestic Engineering - Industry 4.0 Technology Transition Problems

2019 ◽  
pp. 11-20
Author(s):  
E. N. Lapteva ◽  
O. V. Nasarochkina
Keyword(s):  
Additive Manufacturing ◽  
Industry 4.0 ◽  
Technology Development ◽  
Engineering Industry ◽  
Problem Analysis ◽  
Industrial Internet Of Things ◽  
Technology Transition ◽  
Industrial Internet ◽  
Qualified Personnel ◽  
Virtual And Augmented Reality

The paper deals with problem analysis due to domestic engineering transition to the Industry 4.0 technology. It presents such innovative technologies as additive manufacturing (3D-printing), Industrial Internet of Things, total digitization of manufacturing (digital description of products and processes, virtual and augmented reality). Among the main highlighted problems the authors include a lack of unification and standardization at this stage of technology development; incompleteness of both domestic and international regulatory framework; shortage of qualified personnel.

Prospects for Cooperation Between Russia and the Republic of Korea in the Fields of Big Data, Network and Artificial Intelligence for the Development of the Digital Economy

2021 ◽  
Vol 65 (8) ◽  
pp. 51-60
Author(s):  
Yujeong Kim
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Large Scale ◽  
Technology Development ◽  
Technological Development ◽  
Digital Economy ◽  
Republic Of Korea ◽  
Data Network ◽  
Leading Position ◽  
The Government

Today, each country has interest in digital economy and has established and implemented policies aimed at digital technology development and digital transformation for the transition to the digital economy. In particular, interest in digital technologies such as big data, 5G, and artificial intelligence, which are recognized as important factors in the digital economy, has been increasing recently, and it is a time when the role of the government for technological development and international cooperation becomes important. In addition to the overall digital economic policy, the Russian and Korean governments are also trying to improve their international competitiveness and take a leading position in the new economic order by establishing related technical and industrial policies. Moreover, Republic of Korea often refers to data, network and artificial intelligence as D∙N∙A, and has established policies in each of these areas in 2019. Russia is also establishing and implementing policies in the same field in 2019. Therefore, it is timely to find ways to expand cooperation between Russia and Republic of Korea. In particular, the years of 2020and 2021marks the 30th anniversary of diplomatic relations between the two countries, and not only large-scale events and exchange programs have prepared, but the relationship is deepening as part of the continued foreign policy of both countries – Russia’s Eastern Policy and New Northern Policy of Republic of Korea. Therefore, this paper compares and analyzes the policies of the two countries in big data, 5G, and artificial intelligence to seek long-term sustainable cooperation in the digital economy.

scholarly journals FORECASTING OF BLOCKCHAIN TECHNOLOGY DEVELOPMENT IN ECONOMY: ACCOUNTING POINT OF VIEW

2019 ◽  
pp. 37-44
Author(s):  
L. Shkulipa
Keyword(s):  
Big Data ◽  
New Technologies ◽  
Technology Development ◽  
Local Economy ◽  
Point Of View ◽  
Negative Effects ◽  
Blockchain Technology ◽  
Hype Cycle ◽  
Predictive Assessment ◽  
Further Development

In the article the importance of blockchain technology in the economy and predicting its development from the accounting point of view was investigated. The methods used in the study are based on the analysis of literature related to disclosure issues and a description of existing blockchain claims on the world stage. On the basis of this, a predictive assessment of the considered results for the further development of blockchain technology in the economy, its impact on accounting and the profession of accountant was made. The findings include the positive and negative effects of blockchain technology on the medical and banking sectors, information technology, the financial sector, and accounting. The blockchain in the hype cycle was considered as a phenomenon that all new technologies undergo before stable existing or disappearing. Based on the consideration of the most famous blockchain projects with the combination of Big Data, the estimation of the development technologies of Blockchain and Big Data in finance was discussed. This study suggests to consider blockchain technology as (1) a new way of sending and processing invoices, documents, contracts, and payments, reducing errors, costs and transaction time; (2) a path to financial equality through affordability; (3) investments in the local economy so that developing countries can grow significantly; (4) updating the currency market and the international monetary and financial transaction system; (5) a major breakthrough in the economy together with the Big Data technology.

scholarly journals IMPACT OF DISRUPTIVE TECHNOLOGY ON THE PERFORMANCE OF INSURANCE FIRMS IN KENYA

2018 ◽  
Vol 3 (1) ◽  
pp. 72
Author(s):  
Ezekiel Owuor
Keyword(s):  
Big Data ◽  
Financial Performance ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Disruptive Technology ◽  
Regulatory Body ◽  
Disruptive Technologies ◽  
Insurance Firms ◽  
Pdf Format ◽  
The Impact

Purpose:  The purpose of this paper was to explore the impact of disruptive technology on the performance of insurance firms in Kenya.Methods: The study utilized desktop literature review and focused on previously published journals in PDF format that address technology and the performance of insurance firms.  A total of 13 journals was found relating to technology and the performance of insurance firms. The study utilized a sample of 12 journals which were randomly selected from a list of published journals in PDF format relating to disruptive technology and performance of insurance firms. The theories underpinning of the study entailed Christensen's Theory of Disruptive Technology, the Diffusion of Innovation Theory and Schumpeterian Theory of Creative Destruction.Results: The review of literature revealed that various aspects of disruptive technology have a significant impact on organizational performance. The review showed that mobile phone technology has a significant influence and explains to a large extent the growth of micro insurance in Kenya. It was also found that the increase in industrial convergence, technological innovation and social digital trends increases the financial performance of financial institutions including insurance firms. The study also established that there is a strong and positive relationship between insurance innovation strategies and a firm’s performance. In addition, it was found out that real-time business evaluation through big data analytics boosts overall performance and profitability, thus thrusting the organization further into the growth cycle.Unique Contribution to theory, practice and policy: The leadership and management of insurance companies should put greater emphasis on the adoption of disruptive technologies to improve on both financial and non-financial performance as well as their competitiveness within the industry. These include Big Data, Analytics, Artificial Intelligence Systems, Cloud Computing and Digital Currency Technologies. Processes in the organizations should be refined to ensure that they are efficient and effective as this serves to increase market share and to reduce on operational costs. Moreover, explorations in disruptive technology should continue in the insurance industry as these would play a significant role in ensuring that efficiencies and effectiveness of business processes are achieved. The Insurance Regulatory Authority (IRA) should also develop policies that encourage innovation and the adoption of technology. The authority whilst exercising due diligence in its mandate to protect consumers should ensure policies do not stifle the growth and creativity of insurers. The regulatory body should also strive to create a favourable environment for the adoption of disruptive technologies.

Big Data Tools for Computing on Clouds and Grids

2018 ◽  
pp. 152-174
Author(s):  
Forest Jay Handford
Keyword(s):  
Cloud Computing ◽  
Big Data ◽  
Data Processing ◽  
Cost Effective ◽  
The Other ◽  
Relative Cost ◽  
Scientific Communities ◽  
Academic Communities ◽  
Historic Data ◽  
The Government

The number of tools available for Big Data processing have grown exponentially as cloud providers have introduced solutions for businesses that have little or no money for capital expenditures. The chapter starts by discussing historic data tools and the evolution to those of today. With Cloud Computing, the need for upfront costs has been removed, costs are continuing to fall and costs can be negotiated. This chapter reviews the current types of Big Data tools, and how they evolved. To give readers an idea of costs, the chapter shows example costs (in today's market) for a sampling of the tools and relative cost comparisons of the other tools like the Grid tools used by the government, scientific communities and academic communities. Readers will take away from this chapter an understanding of what tools work best for several scenarios and how to select cost effective tools (even tools that are unknown today).

Anticipating Blockchain as Disruptive Technology

2021 ◽  
pp. 708-721
Author(s):  
Mutwalibi Nambobi ◽  
Kanyana Ruth
Keyword(s):  
Big Data ◽  
Internet Of Things ◽  
New Technologies ◽  
New Product ◽  
Disruptive Technology ◽  
Senior Managers ◽  
Business Ecosystem ◽  
Distributed Ledger ◽  
Significant Research ◽  
Almost All

Today, people are going to senior managers in almost all industries pitching about their “I have a new product” thing. Disruptive technology transforms a differentiated product that was so expensive and sometimes complicated or sophisticated into a simplified implementation with the applicability of APIs. APIs provide a platform where startup companies can be nitrated to a giant and established companies. Secondly, it changes the business ecosystem to suit all kinds of players small or big. In previous years, only major companies with a lot of resources had access to such technologies. This selfish access to new technologies would make such giants flourish like Amazon, eBay, Google. Blockchain is a form of distributed ledger technology gaining significant research devotion in numerous areas cutting across e-commerce, cryptocurrency, cryptography, logistics, security, finance, and now it is gaining grounds in e-commerce, big data, and internet of things. This chapter introduces the concept of blockchain, applications, and benefits it possesses in various fields related to e-commerce.

scholarly journals Translational Roadmap for the Organs-on-a-Chip Industry toward Broad Adoption

2020 ◽  
Vol 7 (3) ◽  
pp. 112 ◽  
Author(s):  
Vanessa Allwardt ◽  
Alexander J. Ainscough ◽  
Priyalakshmi Viswanathan ◽  
Stacy D. Sherrod ◽  
John A. McLean ◽  
...  
Keyword(s):  
Technology Development ◽  
Technology Readiness ◽  
Disruptive Technology ◽  
Discovery Process ◽  
Drug Discovery Process ◽  
Commercial Viability ◽  
Performance Benchmarks ◽  
Using Data ◽  
Further Development

Organs-on-a-Chip (OOAC) is a disruptive technology with widely recognized potential to change the efficiency, effectiveness, and costs of the drug discovery process; to advance insights into human biology; to enable clinical research where human trials are not feasible. However, further development is needed for the successful adoption and acceptance of this technology. Areas for improvement include technological maturity, more robust validation of translational and predictive in vivo-like biology, and requirements of tighter quality standards for commercial viability. In this review, we reported on the consensus around existing challenges and necessary performance benchmarks that are required toward the broader adoption of OOACs in the next five years, and we defined a potential roadmap for future translational development of OOAC technology. We provided a clear snapshot of the current developmental stage of OOAC commercialization, including existing platforms, ancillary technologies, and tools required for the use of OOAC devices, and analyze their technology readiness levels. Using data gathered from OOAC developers and end-users, we identified prevalent challenges faced by the community, strategic trends and requirements driving OOAC technology development, and existing technological bottlenecks that could be outsourced or leveraged by active collaborations with academia.

Study on the Relationship Between Technology Complex Degree and Technology Transitional Speed Based on Patents Information—The Case of PDP Industry

2016 ◽  
Vol 13 (10) ◽  
pp. 7617-7622
Author(s):  
Xie Yuming ◽  
Shao Yunfei
Keyword(s):  
Negative Correlation ◽  
Transition Rate ◽  
Development Process ◽  
Technology Development ◽  
Development Stage ◽  
Patent Analysis ◽  
Technology Transition ◽  
Complex Technology ◽  
Technological Transition ◽  
The Relationship

This paper selects PDP industry technology development process as an analytical object, using means of patent analysis, to analyze the PDP industry,s technological track, the degree of technical complexity, technical transition rate to find a workable way of this industry for the management of complex technologies. Through research we found that the complexity of the technology and technology transition is in the existence of a negative correlation. The degree of technical complexity increased with the expansion of technology networks and the speed of technological transition has decreased. So for participation in R&D of complex technology businesses should focus on the development stage of a complex technology, and adjust technical R&D strategy timely.

Sign in / Sign up

Export Citation Format

Share Document