scholarly journals From Culture 1.0 to Culture 3.0: Three Socio-Technical Regimes of Social and Economic Value Creation through Culture, and Their Impact on European Cohesion Policies

2018 ◽  
Vol 10 (11) ◽  
pp. 3923 ◽  
Author(s):  
Pier Sacco ◽  
Guido Ferilli ◽  
Giorgio Tavano Blessi
Keyword(s):  
Cultural Production ◽  
Value Creation ◽  
Cultural Policy ◽  
Policy Design ◽  
Economic Value ◽  
Cultural Participation ◽  
Social Value Creation ◽  
Open Question ◽  
The Relationship

We develop a new conceptual framework to analyze the evolution of the relationship between cultural production and different forms of economic and social value creation in terms of three alternative socio-technical regimes that have emerged over time. We show how, with the emergence of the Culture 3.0 regime characterized by novel forms of active cultural participation, where the distinction between producers and users of cultural and creative contents is increasingly blurred, new channels of social and economic value creation through cultural participation acquire increasing importance. We characterize them through an eight-tier classification, and argue on this basis why cultural policy is going to acquire a central role in the policy design approaches of the future. Whether Europe will play the role of a strategic leader in this scenario in the context of future cohesion policies is an open question.

scholarly journals Social value creation by multinational enterprises

2019 ◽  
Vol 16 (1) ◽  
pp. 47-75 ◽  
Author(s):  
Asmund Rygh
Keyword(s):  
Value Creation ◽  
Multinational Enterprises ◽  
Economic Value ◽  
Theory Development ◽  
Social Value ◽  
Content Type ◽  
Financial Outcomes ◽  
The Social ◽  
Social Value Creation

Purpose This study aims to discuss an argument that the social value creation of multinational enterprises (MNEs), beyond creating economic value for the shareholders, could be the next “big question” for international business (IB) research. The authors also provide examples of promising research topics associated with this research agenda. Design/methodology/approach The paper is conceptual. Findings Although a new paradigmatic question for IB in terms of social value creation would lead IB outside familiar territory in terms of the previous focus on financial performance, IB scholars are well equipped to take on this broader question. IB scholars arguably have their key strengths in understanding the inner workings of firms, as well as in understanding the role of context for business. Moreover, to the extent that this new agenda requires IB scholars to acquire new capabilities and form new partnerships with relevant disciplines, this could contribute to revitalising the IB field. As illustrated by the suggested topics, such an agenda could both increase the relevance of IB research and contribute to theory development. Originality/value The paper is amongst the first to explore the notion that a broader view of the outcome of MNE activities, beyond MNEs’ own financial outcomes, should be a key goal of future IB research.

scholarly journals The Moderating Effect of Social Innovation in Perspectives of Shared Value Creation in the Educational Sector of Ghana

2018 ◽  
Vol 10 (11) ◽  
pp. 4216 ◽  
Author(s):  
Wenyuan Li ◽  
Mohammed Abubakari Sadick ◽  
Abdul-Aziz Ibn Musah ◽  
Salisu Mustapha
Keyword(s):  
Value Creation ◽  
Social Innovation ◽  
Economic Value ◽  
Social Value ◽  
Survey Study ◽  
Shared Value ◽  
Study Results ◽  
Social Value Creation ◽  
The Creation ◽  
Moderating Role

This paper presents a survey study of how social innovation moderates social and economic value from the perspective of shared value creation. Specifically, the study addresses the following questions: Does economic value lead to social value creation in shared value creation? Does social innovation moderate social and economic value in the creation of shared value? The questions are addressed through an empirical investigation of 250 social enterprise organizations that apply social objectives and a market-based approach to attain social and economic goals in Ghana. The study used SmartPLS software version 3.0 to evaluate the data collected. The results indicated that economic value influences the creation of social value in shared value creation. Study results also revealed that social innovation is a driver of shared value creation via social value in the educational sector of Ghana. However, social innovation could not play a moderating role in economic value to shared value creation.

scholarly journals Switching Intent of Disruptive Green Products: The Roles of Comparative Economic Value and Green Trust

2021 ◽  
Vol 9 ◽  
Author(s):  
Chunpei Lin ◽  
Xiumei Lai ◽  
Chuanpeng Yu
Keyword(s):  
Structural Model ◽  
Economic Value ◽  
Disruptive Innovation ◽  
Extended Model ◽  
Green Product ◽  
Continuous Innovation ◽  
Product Switching ◽  
Green Trust ◽  
The Relationship

This study explores consumers’ motivations to switch to new products in the context of disruptive innovation and investigates the role of comparative economic value and green trust. Switching from an existing product to a disruptive green product not only involves benefits but also requires major sacrifices, which are not encountered in the context of continuous innovation. In this study, the relationships between comparative economic value, green trust, self-accountability, and disruptive green product switching intent are examined. Data were collected from China with self-administered questionnaires regarding the disruptive green product. Results of a structural model reveal positive relationships between comparative economic value, green trust, and disruptive green product switching intent. In addition, green trust mediates the effects of the comparative economic value on the disruptive green product switching intent, and self-accountability moderates the relationship between green trust and disruptive green product switching intent. From a practitioner perspective, the research is important because it illuminates the consumer’s motivations regarding product switching in the hitherto unexplored field of automobiles, for which we have shown that our extended model yields meaningful results.

scholarly journals Tax Risk Assessment and Assurance Reform in Response to the Digitalised Economy

2020 ◽  
Vol 8 (4) ◽  
pp. 96-126
Author(s):  
Helena Strauss ◽  
Tyson Fawcett ◽  
Danie Schutte
Keyword(s):  
Risk Management ◽  
Value Creation ◽  
Developing Economies ◽  
Economic Value ◽  
National Literature ◽  
Digital Platforms ◽  
Tax Fraud ◽  
Two Phases ◽  
Cross National

The digitalisation of the economy has increased tax administrations’ traditional tax risks and introduced new tax non-compliance risks, such as the use of income suppression software and tax fraud associated with the use of alternative payment methods, such as cryptocurrencies. This study focuses on the global reform that took place among tax authorities from a tax risk management and assurance perspective. The study was executed in two phases, including a cross-national literature review to synthesise international reform regarding tax risk management and assurance in response to the digitalisation of the economy. This process was followed by interviews with risk, technology and data experts of 30 global tax authorities in order to evaluate the level of implementation of the global reform measures identified in the first research phase. The research results suggest an imbalance in reform among participants from developed and developing economies. An inability to optimise tax risk and assurance management within the digitalised economy will negatively impact the tax authorities’ ability to maximise tax collection within the digitalised economy. This is especially concerning if the significant role of digital platforms on future global economic value creation is considered.

New Imagined Community by Cultural Participation

2011 ◽  
pp. 94-105
Author(s):  
Pi-Chun Chang
Keyword(s):  
Cultural Heritage ◽  
Identity Formation ◽  
Digital Technology ◽  
Cultural Policy ◽  
Economic Value ◽  
Cultural Citizenship ◽  
Cultural Participation ◽  
Imagined Community ◽  
The Social ◽  
The Government

Although the preservation of cultural heritage has always been a primary task of cultural policy in many countries, the idea of combining digital technology and cultural heritage was almost entirely unknown as recently as 1990. It is undeniable that digital technologies have played an important part in our lives. In the case of Taiwan, the government has been working on digitizing cultural heritage by launching National Digital Archives Program since 2002. Most scholarship has focused either on technical practices or the economic value of such practices. Scanty attention has been paid to the relationship between digital cultural heritage, cultural citizenship, and one’s imagined community. In other words, the application of digital technology onto cultural heritage has been largely unmapped in terms of identity formation. This study explores the social and cultural implication of the combination of technology and heritage. When heritage meet contemporary technology, how does it shape and what does it implicate for one’s cultural identity and imagined community?

scholarly journals Decoding the Process of Social Value Creation by Chinese and Indian Social Entrepreneurs: Contributory Factors and Contextual Embeddedness

2019 ◽  
Vol 15 (02) ◽  
pp. 269-306 ◽  
Author(s):  
Deepak Sardana ◽  
Vassiliki Bamiatzi ◽  
Ying Zhu
Keyword(s):  
Value Creation ◽  
Social Inclusion ◽  
Economic Value ◽  
Social Enterprises ◽  
Social Value ◽  
Social Entrepreneurs ◽  
Social Challenges ◽  
For Profit ◽  
Process Framework ◽  
Social Value Creation

ABSTRACTNowadays social entrepreneurship is recognized as a two-way process, addressing both social and economic concerns that can bring social inclusion, equity, and development to disadvantaged groups in society. This aspect is particularly important and desirable within emerging economies. In these markets, which are constantly faced with profound economic and social challenges, we see the growing importance of social entrepreneurs as they take upon themselves the provision of welfare services and progressive activities. However, our understanding of the mechanisms underlying the creation of social and economic values in social enterprises, and the factors contributing to the establishment of these value creation objectives, is still rather fragmented. Our article contributes to this gap in the literature by decoding the process via which for-profit social entrepreneurs from China and India create social and economic value. In addition, by combining a deductive and an inductive approach of analysis, we offer novel insights into the context-dependent processual patterns deciphered within the two countries. A new entrepreneurial process framework that reflects the contextualized social value creation process by social entrepreneurs is thus provided.

Oil, gold, stones: cultural value in Italian cultural policy

2019 ◽  
Vol 9 (1) ◽  
pp. 2-15
Author(s):  
Alice Borchi
Keyword(s):  
Cultural Policy ◽  
Economic Value ◽  
Rapid Change ◽  
Cultural Value ◽  
Content Type ◽  
Heritage Sites ◽  
Cultural Assets ◽  
Italian Government ◽  
The People

Purpose The purpose of this paper is to understand the concept of cultural value promoted by the Italian government between 2008 and 2018. Furthermore, it aims at setting the scope for further research and debate on the issue of cultural value in Italian cultural policy by questioning market-driven understanding of value. Design/methodology/approach In order to do so, it examines the rhetoric of Italian policymakers, with a particular focus on the people who have covered the role of Ministry for Cultural Assets and Activities over this 10-year span, and the policies they have implemented. The various nuances of the concept of valorizzazione are studied by analysing different pathways employed by the Italian government and the values underpinning them, with a particular focus on the abandonment of heritage sites. Findings What emerges from this research is the centrality of the economic value of culture; however, the economic impact of Italian cultural assets is always presented as a potential that has to be unlocked by implementing policies of valorizzazione, a term that has a double meaning of promotion and exploitation (Belfiore, 2006). Originality/value This paper presents an original approach to understanding the formation and promotion of cultural value at the level of governmental policy in the context of contemporary cultural policy in Italy. In particular, it evidences how the centrality of the economic value of culture has remained unscathed despite the rapid change of governments that has characterised Italian politics in the last 10 years.

Fake friends: The illusionist revision of Western urbanology at the time of platform capitalism

Urban Studies ◽  
2019 ◽  
Vol 57 (5) ◽  
pp. 1105-1117 ◽  
Author(s):  
Ugo Rossi
Keyword(s):  
Economic Development ◽  
Value Creation ◽  
Economic Value ◽  
Original Formulation ◽  
Liberal Democracies ◽  
Close Relationship ◽  
Development Processes ◽  
The Creation ◽  
Policy Proposals

It is generally assumed that the so-called populist explosion that has swept across liberal democracies since 2016 has led to a crisis of neoliberal reason in its original formulation. Owing to the close relationship between cities and neoliberalism, the crisis of neoliberal rationality has significantly impacted what is defined here ‘Western urbanology’. This definition brings together influential apologists of the urban age and its entrepreneurialist potential, starting with Richard Florida and Edward Glaeser. In recent times, these authors have started revisiting their conceptions and related policy proposals, in response to the growing sense of dissatisfaction with mainstream theorisations of economic development that has been associated with the populist explosion of 2016. However, this article shows how their revisions are minimal, and fundamentally illusory, as these authors have glossed over the very foundations of capitalist societies, drawing a veil over the issue of economic-value creation within contemporary platform urbanism. After having critically assessed the trajectory of Western urbanology, the article concludes by arguing that a substantial revision of the role of contemporary urbanism in economic development processes would require interrogating the creation and capture of economic value in today’s capitalist societies.

‘Who is really gonna benefit?’: The punk habitus in the downtown Edmonton field

2020 ◽  
Vol 9 (2) ◽  
pp. 287-307 ◽  
Author(s):  
Rylan Kafara
Keyword(s):  
Inner City ◽  
Cultural Production ◽  
Urban Landscape ◽  
Homeless Population ◽  
Spatial Transformation ◽  
Sport Media ◽  
Theory Of Practice ◽  
Music Community ◽  
The Relationship

The new home of the National Hockey League’s (NHL) Edmonton Oilers opened in 2016. This publicly financed, CAD 613.7 million arena was built in downtown Edmonton, Alberta. The arena and its broader entertainment district were designed to ‘revitalize’ Edmonton’s inner city that was already home to the majority of the city’s homeless population. The spatial transformation of Edmonton’s inner city was an example of what geographer Neil Smith referred to as ‘The New Urban Frontier’. Using Pierre Bourdieu’s theory of practice, this article explores how the local music community reacted to downtown gentrification through songs by punk bands Latcho Drom, Rebuild/Repair and Audio/Rocketry, along with rapper Cadence Weapon. This article assesses a series of reactions ranging from supportive and promotional to critical and resistive. By showing how musicians engaged in the debate over development, this article creates a template for assessing processes of gentrification, through the relationship between professional sport, media and music. It analyses the role of cultural production in the continued process of gentrification, future developments in cities and who belongs in the new urban landscape. In doing so, this article suggests the embodiment of a punk habitus by agents negotiating various fields in Edmonton and beyond.

scholarly journals Crowdfunding and Value Creation

2015 ◽  
Vol 5 (2) ◽  
Author(s):  
Moriah Meyskens ◽  
Lacy Bird
Keyword(s):  
Value Creation ◽  
Theoretical Framework ◽  
Social Value ◽  
Social Venture ◽  
Social Value Creation ◽  
Social Ventures ◽  
Venture Funding ◽  
Insight Into

AbstractSocial ventures like other entrepreneurial endeavors often have difficulty in seeking financing. This study assesses the role of crowdfunding in social venture funding. We provide insight into crowdfunding types and platforms and social value creation. Then we offer a theoretical framework to help social ventures and social investors best choose which type of crowdfunding (reward, donation, equity, debt) might make most sense to them given their economic and social value creation goals.

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