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Latest ICT news from the web

  • This paper describes the links between ethical and responsible finance and social innovation. The two have long been in a close relationship. Ethical and responsible finance has traditionally supported projects that face difficulties in the mainstream banking sector, fostering experimental approaches (to give but an example) to market failures of traditional welfare. Moreover, ethical and…
    Economic Papers on ICT on Friday, 1 November 2019
  • Indeed, the world economy is a complex system that has undergone many different phases in the past century. Particularly, the African economy is undergoing a series of transformations (transitions) that subject the future to considerable uncertainty, complexity and unpredictability. In fact, some transformations are cyclical while others are longer-term and more structural in nature. Yet, these…
    Economic Papers on ICT on Thursday, 3 October 2019
  • Growth has fallen in the U.S., while firm concentration and profits have risen. Labor's share has fallen, mostly due to rising market share of low labor share firms. We propose a theory for these trends in which the driving force is falling firm-level costs of spanning multiple markets, perhaps due to ICT advances. The most efficient firms spread into new markets in response, generating a…
    Economic Papers on ICT on Monday, 30 September 2019
  • The Knowledge Spillover Theory of Entrepreneurship (KSTE) considers determinants of knowledge diffusion as well as their impact on entrepreneurial activities and growth. Extending the KSTE, the role of incumbent firms for the broad diffusion of new knowledge has been emphasized. For those firms, the barriers to an effective flow of information are considered using the concepts of knowledge…
    Economic Papers on ICT on Monday, 30 September 2019
  • Can e-governance reforms improve government policy? By making information available on a realtime basis, information technologies may reduce the theft of public funds. We analyze a large eld experiment and the nationwide scale-up of a reform to India's workfare program. Advance payments were replaced by "just-in-time" payments, triggered by e-invoicing, making it easier to detect misreporting.…
    Economic Papers on ICT on Monday, 30 September 2019