scholarly journals The Impact of the Regulatory Sandbox on the Fintech Industry, with a Discussion on the Relation between Regulatory Sandboxes and Open Innovation

2020 ◽  
Vol 6 (2) ◽  
pp. 43 ◽  
Author(s):  
Jayoung James Goo ◽  
Joo-Yeun Heo
Keyword(s):  
Comparative Research ◽  
Positive Impact ◽  
Vital Role ◽  
Policy Makers ◽  
Country Level ◽  
Empirically Supported ◽  
Venture Investment ◽  
Regulatory Uncertainty ◽  
Regulatory Barriers ◽  
The Impact

As the fintech industry grows around the world, regulatory issues continue to be a hot topic within the industry. To overcome regulatory barriers of the fintech industry, regulatory sandboxes have been adopted. The regulatory sandboxes are beneficial to create a fintech ecosystem, but their effectiveness has not been empirically supported. This study aims to find the expected effects of regulatory sandboxes on fintech venture investments empirically. We conducted an analysis using a country-level comparative research method. To analyze it, we selected nine forerunning countries which have initially adopted regulatory sandboxes. For the purpose of validations, a comparative analysis and a regression analysis were conducted. In the results, we found that the adoption of regulatory sandboxes had very positive influences on the growth of the fintech venture investment. The results implied that regulatory sandboxes may play a vital role in increasing the influx of venture capital into the fintech venture ecosystem by removing regulatory uncertainty. The findings of this research contribute to providing the empirical evidences to policy makers in interpretations of the positive impact of regulatory sandboxes.

scholarly journals Stock index manipulation around election announcements: evidence from Pakistan stock exchange

2017 ◽  
Vol 5 (2) ◽  
pp. 87
Author(s):  
Shahbaz Khan ◽  
Razzi Abbas Jafri ◽  
Nida Baig ◽  
Muhammad Shaique ◽  
Muhammad Usman
Keyword(s):  
Stock Returns ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Stock Index ◽  
Individual Country ◽  
Policy Makers ◽  
Country Level ◽  
General Elections ◽  
The Impact

The purpose of this study is to find out the impact of political general elections of Pakistan on KSE-100 index. We employed Event study methodology on closing prices of KSE-100 index over the time period January, 1998 to May, 2013. During our sample period, 3 events of political general Elections occurred i.e., Event1 in 2002, Event2 in 2008, and recently Event3 in 2013. We construct an Event window of 11 days consisting of 5 pre-event days, 1 on-event day, and 5 post-event days. Results of this study show that Events 1 -and 2 put significant negative impact on stock returns, while Event3 demonstrates a significant positive impact on stock returns. This study also revealed the pre -and post-event comparison for all of the three events and, suggested that as soon as the political situation of the country changes, behavior of investors towards political general election also changes. Manipulation in stock index has always been remained an inconclusive phenomenon for investors and policy makers. So, further evidence on an individual country level might suggest fruitful guidelines to both investors and policy makers.

scholarly journals European Youth Work Policy and Young People’s Experience of Open Access Youth Work

2021 ◽  
pp. 1-21
Author(s):  
JON ORD ◽  
MARC CARLETTI ◽  
DANIELE MORCIANO ◽  
LASSE SIURALA ◽  
CHRISTOPHE DANSAC ◽  
...  
Keyword(s):  
Open Access ◽  
Young People ◽  
Positive Impact ◽  
Policy Formulation ◽  
Youth Work ◽  
Policy Makers ◽  
Policy Goals ◽  
The Uk ◽  
The Impact ◽  
European Youth

Abstract This article examines young people’s experiences of open access youth work in settings in the UK, Finland, Estonia, Italy and France. It analyses 844 individual narratives from young people, which communicate the impact of youthwork on their lives. These accounts are then analysed in the light of the European youth work policy goals. It concludes that it is encouraging that what young people identify as the positive impact of youth work are broadly consistent with many of these goals. There are however some disparities which require attention. These include the importance young people place on the social context of youth work, such as friendship, which is largely absent in EU youth work policy; as well as the importance placed on experiential learning. The paper also highlights a tension between ‘top down’ policy formulation and the ‘youth centric’ practices of youth work. It concludes with a reminder to policy makers that for youth work to remain successful the spaces and places for young people must remain meaningful to them ‘on their terms’.

scholarly journals Gender Asymmetry of Entrepreneurial Intentions of Students in Russia and China

2021 ◽  
Vol 20 (1) ◽  
pp. 133-147
Author(s):  
Ullah Abid ◽  
Keyword(s):  
Vital Role ◽  
Entrepreneurial Intentions ◽  
Correlation Technique ◽  
Policy Makers ◽  
Male And Female ◽  
Entrepreneurial Spirit ◽  
Excess Number ◽  
Gender Based ◽  
The Unemployed ◽  
The Impact

Entrepreneurship is now considered to be an urgent solution for handling large pools of young graduates around the world. These crucial situations where universities are creating an excess number of graduates as compared to jobs availability increase the pressure on graduates as well as policy makers and educators. Entrepreneurship in this case does not only handle the burden of the unemployed among the youth but also positively improves the economic development of the country’s economy. In becoming entrepreneurs, graduates do not only create jobs for themselves but for other as well and play a vital role in the development of the economy. This paper explains gender-based entrepreneurship intentions amongst students of Russia and China (3 universities in China, 3 in Russia). A questionnaire was developed to find the impact of different behavior factors on male and female students of Russia and China. In terms of methodology, the quantitative technique was used to collect the data. The entrepreneurial spirit is explained after analyzing the data from three universities in each country. The six universities numbering 468 student respondents were analyzed through Statistical Package for the Social Sciences. To find out the association amongst different variables, multiple regression and correlation technique were used. The results also show an association of gender with entrepreneurship in students in both countries. However, in case of Russia male respondents showed higher intention than female respondents. To maintain the same role of male and female members in the society, development suggestions for educators and policy makers are presented.

scholarly journals Measuring the Impact of Technological Innovations on Industrial Products through a Multilayer Network Approach

2018 ◽  
Author(s):  
Martina Formichini ◽  
Giulio Cimini ◽  
Emanuele Pugliese ◽  
Andrea Gabrielli
Keyword(s):  
Synthetic Data ◽  
Technological Innovations ◽  
Network Approach ◽  
Multilayer Network ◽  
Policy Makers ◽  
Trade Data ◽  
Country Level ◽  
The Impact ◽  
Robust Evidence ◽  
Innovation Policies

In this work we identify combinations of technological activities that signal the presence local capabilities in a country to successfully export a product. We use country-level patent and trade data to generate a multi-layer network, and we apply maximization of entropy to generate synthetic data to effectively divide signal from noise. We show that in several sectors the signal far exceed the noise. Our exercise provides robust evidence of the presence of synergies between technologies to explain trade performances in specific markets. This can be highly useful for policy makers, to inform industrial and innovation policies.

scholarly journals Entrepreneurship Education in Nigeria Tertiary Institutions and its Impact on Students’ Entrepreneurial Career Intentions. A Study of Students at Federal Polytechnic Ekowe

2020 ◽  
Vol 5 (4) ◽  
Author(s):  
Kurotimi Maurice Fems
Keyword(s):  
Phenomenological Study ◽  
Positive Impact ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intention ◽  
Positive Influence ◽  
Policy Makers ◽  
Tertiary Institutions ◽  
Career Intention ◽  
Laboratory Technology ◽  
The Impact

 Purpose: Entrepreneurship education as an influencer of graduate entrepreneurial intention is gaining massive attention amongst practitioners, policy makers and academics across the globe. The proliferation of entrepreneurship courses in universities around the world is evident of this wide acceptance of entrepreneurship education as a strategy for graduate entrepreneurship. The purpose of this research paper is to ascertain the impact entrepreneurship education has on students’ entrepreneurial career intentions.Methodology: The article includes a review of literature in entrepreneurship education and entrepreneurial intention to gain background knowledge. This research is a qualitative, interpretive phenomenological study and relies on narrative as a means of knowing, and as a form of communication. The scope of the study is year one students at the Federal Polytechnic of Oil & Gas Ekowe in the departments of Computer Science, Science Laboratory Technology and Statistics. The questionnaire was designed in a semi-structured way and distributed to students to return after 7 days to allow for proper articulation of narratives.Findings: A total of 42 students participated in the interview and 42 returned. 28.57% representing 12 students showed intention to start a business, 40.48% (17 students) desire to get a job after graduation while 13 students (30.95%) are unsure what they want to do after graduation. The results indicate that entrepreneurship education has a positive impact on students’ entrepreneurial career intention but other than EE, it was also revealed from participants’ narratives that age, prior experience and parents’ status have positive influence on graduate entrepreneurial decisions.Implication of Findings: Findings will aid curriculum designers and educational policy makers to scrutinize and re-examine EE programmes and how they are taught to enhance practice.Originality: Narratives and storytelling methods are not the common methods adopted in entrepreneurship education and entrepreneurial intention research. More research should be carried out using this method to validate results from this approach.

scholarly journals The impact of country-level and fund-level factors on mutual fund performance in Vietnam

2019 ◽  
Vol 21 (1) ◽  
pp. 42-56
Author(s):  
Hoa Thi Nguyen ◽  
Dung Thi Nguyet Nguyen
Keyword(s):  
Mutual Funds ◽  
Mutual Fund ◽  
Investment Decision ◽  
Political Stability ◽  
Fund Performance ◽  
Data Set ◽  
Policy Makers ◽  
Content Type ◽  
Country Level ◽  
The Impact

Purpose The purpose of this paper is to examine the determinants of mutual funds’ performance at both a country level and a fund level in Vietnam. Design/methodology/approach The different types of funds with more than three-year operation are selected to remove outliers of the stock market boom from 2015 to 2018. The data set includes 54 mutual funds operating during the period from 2008 until November 2018. Findings The research finds that there is a positive relationship between macroeconomics and mutual funds’ performance. Furthermore, country-level governance such as regulation effectiveness, political stability, economic growth and financial development has a positive correlation with mutual funds’ performance. However, the impact of fund-level factors is diverse with the no significant impact of board size on mutual fund’s performance, while passive funds perform better than active funds in Vietnam. Practical implications The research results suggest that investors should pay attention to the types of funds and operating expense when making an investment decision in mutual funds. There are some recommendations for both government policy-makers and the mutual fund industry that are likely to facilitate the development of this field in Vietnam. Originality/value The research contributes to the understanding of what are the factors that should be considered when investing in mutual funds.

scholarly journals The Lebanese Perception of the Impact of Small & Medium Enterprises (SMEs) on the National Economy

2017 ◽  
Vol 3 (3) ◽  
pp. 330 ◽  
Author(s):  
Bassam Charif Hamdar ◽  
Rana Najjar ◽  
Kamel Karameh
Keyword(s):  
Labor Market ◽  
Skill Acquisition ◽  
Positive Impact ◽  
Developed Countries ◽  
Vital Role ◽  
Basic Study ◽  
Access To Credit ◽  
Entrepreneurial Spirit ◽  
Small Medium Enterprises ◽  
The Impact

<p class="Default"><em>Over the years, Small and Medium-Sized Enterprises (SMEs) have been very significant to the economic development of most developing and developed countries. It is a major form of business and a major employer with a strong positive impact on the economic growth and labor market in Lebanon. </em></p><p class="Default"><em>This paper researches the impact of SMEs on the Lebanese labor market and Lebanese economy. Furthermore, the importance of SMEs, and the challenges facing the sector and makes recommendations as to how to resolve these challenges.</em></p><p class="Default"><em>The data was collected through a questionnaire, and several literature, publications and reports.</em></p><p class="Default"><em>Based on past researches and studies there is a relation between SMEs and job creation in addition to the vital role they play in a nation’s economy.</em></p><p class="Default"><em>This is a basic study to show the impact and importance of SMEs. Recommendations are made for governments to encourage the entrepreneurial spirit and in collaboration with banks to facilitate access to credit to ensure the growth, development and continuation of SMEs. Furthermore, owners and employees of SMEs should be provided with a skill acquisition program to boost their skills, and to ensure the development of both employees and the business. </em></p>

scholarly journals Socio-economic risk factors of foreign land acquisition in a developing country

2016 ◽  
Vol 6 (4) ◽  
pp. 457-464
Author(s):  
Ujunwa Augustine ◽  
Chinwe Okoyeuzu ◽  
Anthony Igwe ◽  
Wilfred Isioma Ukpere
Keyword(s):  
Local Development ◽  
Policy Formulation ◽  
Land Acquisition ◽  
Policy Makers ◽  
Country Level ◽  
Commercial Farming ◽  
Foreign Land ◽  
The Government ◽  
Congo Brazzaville ◽  
The Impact

Large investment in African land has generated serious interest among academicians, policy makers, international and local development agencies as well as civil organization. The debates centre on the phenomenal trajectory and the drivers of this investment in Africa. The inaccuracy or ambiguities in number of deals and institutional specificities has brought in the main, the need to undertake country by country study of foreign land deals in agricultural investment. To suggest vital information that will aid policy formulation and deliberation at country level, the study is on Congo-Brazzaville. This paper explores the factors that influenced foreign land acquisition in Congo, the impact of such investment on the host communities, and faults the decision of the government to make the attraction of foreign investment in agriculture a priority without fashioning out institutional framework that will regulate the investors and promote market discipline. Based on the above, the paper recommends strategies the government should earnestly pursue to mitigate the negativities of the investment and leverage on the benefits of commercial farming in the country, especially, in the area of skill transfer.

scholarly journals CHALLANGES FACING THE EMERGING ECONOMY DURING COVID-19 THE CASE OF JORDAN

2021 ◽  
Vol 6 (2) ◽  
pp. 21-29
Author(s):  
Basem Al-Lozi ◽  
Sheren Hamed
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
World Health ◽  
Unique Contribution ◽  
Policy Recommendations ◽  
Exploratory Research ◽  
Policy Makers ◽  
The Public ◽  
Health Organization ◽  
The Impact

Purpose: The purpose of this study was to explore the challenges of the Jordanian economy during COVID-19. The Jordanian economy may have to face different scenarios in his macro-environment. Specifically, the study focused on the impact COVID-19 on the Jordanian economy. Methodology: An exploratory research method was used to build three scenarios. The sample randomly selected from Jordanians in the capital of Jordan Amman. The study divided the sample to three groups and asking them three questions related to the expectations of the impact of COVID-19 on the Jordanian economy for the coming years. Results: The study findings revealed that the majority of respondents (55.2%) are optimistic that the COVID-19 will finish and Jordan economy will be booming. Unique contribution to theory, practice and policy: Recommendations were provided for Jordanian policy makers to deal scenarios. For example Jordan government and policy makers has to be pragmatic, and work toward lowering level of expectations among Jordanian economy to avoid the negative impact of COVID-19 on the economy. Cooperation between the public sector and private sector in implementing the instructions of the World Health Organization and the Ministry of Health to decrease the number of cases to open more sectors which will have a positive impact on the Jordanian economy.

scholarly journals IS CLIMATE INDICATOR AFFECTS TRANSMISSION OF COVID-19 PANDEMIC: CLIMATIC IMPACTS ON COVID-19 TRANSMISSION

2021 ◽  
Vol 37 (01) ◽  
pp. 35-42
Author(s):  
Muhammad Asif Khan ◽  
Muhammad Waseem Khan ◽  
Asima Siddique
Keyword(s):  
Positive Impact ◽  
Virus Transmission ◽  
Secondary Data ◽  
Vital Role ◽  
Economic Consequences ◽  
World Health ◽  
Maximum Temperature ◽  
Wind Flow ◽  
Temperature Minimum ◽  
The Impact

The climate variations have lot of the financial, medical and economic consequences. Studies showed that climate plays the vital role in virus transmission. This study analyzed the impact of climate indicators on COVID-19 concerning Pakistan. The secondary data is used for analysis as obtained from world health organization, ministry of health Pakistan and Pakistan meteorological department. The results show that all the research variables like temperature maximum, temperature minimum, humidity, and wind flow are positively and significantly correlated to COVID-19. Findings show that temperature maximum, temperature minimum, and wind flow have the positive and significant association with COVID-19, while the humidity has a positive impact on COVID-19 transmission. The study show that minimum temperature is favorable for the virus transmission. Thus, the study provides significant results in reaching the decision and concluding the study.

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