Abstract: In this paper, we conduct a systematic survey of urban communities in Lithuania to evaluate their potential to co-create collective intelligence or “civic intelligence” applying Digital Co-creation Index methodology that includes different socio-technological indicators. Civic intelligence is a form of collective intelligence that refers to the group’s capacity to perceive societal problems and to address them effectively. The research focuses on evaluation of diverse organizational designs that increase efficient collective performance. The current scientific project advanced the state of the art by evaluating the basic preconditions in the urban communities through which the collective intelligence is being co-created under the systemic manner. The research subject is the “bottom up” digital enabled urban platforms, initiated by Lithuanian public organizations, civic movements or business entities. The web-based monitoring results obtained by applying a social indices calculation methodology and Pearson correlation analysis provided the information about the potential and limits of the urban communities and what possible changes need to be implemented to overcome the limitations.
Abstract: Importance of management of legal entities under
private law of which especially corporate management, as well as
looking for ways of its improvement and perfection has become
especially relevant in the twenty-first century, which was greatly
contributed to by the global economic crisis. Some states have adopted
Corporate Governance Codes; the European Union has set to work on
a series of directives the main purpose of which is an improvement of
corporate governance, provision of greater transparency and
implementation of an effective control mechanism. This process is not
yet completed, and various problematic issues associated with
management of legal persons are still being debated among
practitioner experts and scholars. Georgia is not an exception in this
regard. The article discusses the legislative gaps, and in some cases,
discrepancies having arisen in legal relationships under private law and
having caused many practical problems. This especially applies to the
management of capital companies.
Abstract: Social networking sites such as Twitter and Facebook
attracts over 500 million users across the world, for those users, their
social life, even their practical life, has become interrelated. Their
interaction with social networking has affected their life forever.
Accordingly, social networking sites have become among the main
channels that are responsible for vast dissemination of different kinds
of information during real time events. This popularity in Social
networking has led to different problems including the possibility of
exposing incorrect information to their users through fake accounts
which results to the spread of malicious content during life events.
This situation can result to a huge damage in the real world to the
society in general including citizens, business entities, and others. In this paper, we present a classification method for detecting the
fake accounts on Twitter. The study determines the minimized set of
the main factors that influence the detection of the fake accounts on
Twitter, and then the determined factors are applied using different
classification techniques. A comparison of the results of these
techniques has been performed and the most accurate algorithm is
selected according to the accuracy of the results. The study has been
compared with different recent researches in the same area; this
comparison has proved the accuracy of the proposed study. We claim
that this study can be continuously applied on Twitter social network
to automatically detect the fake accounts; moreover, the study can be
applied on different social network sites such as Facebook with minor
changes according to the nature of the social network which are
discussed in this paper.
Abstract: Financial innovations can be regarded as the cause
and the effect of the evolution of the financial system. Most of
financial innovations are created by various financial institutions for
their own purposes and needs. However, due to their diversity,
financial innovations can be also applied by various business entities
(other than financial institutions).
This paper focuses on the potential application of financial
innovations by non-financial companies. It is assumed that financial
innovations may be effectively applied in all fields of corporate
financial decisions integrating financial management with the risk
management process. Appropriate application of financial
innovations may enhance the development of the company and
increase its value by improving its financial situation and reducing
the level of risk. On the other hand, misused financial innovations
may become the source of extra risk for the company threatening its
further operation.
The main objective of the paper is to identify the major types of
financial innovations offered to non-financial companies by the
banking system in Poland. It also aims at identifying the main factors
determining the creation of financial innovations in the banking
system in Poland and indicating future directions of their
development.
This paper consists of conceptual and empirical part. Conceptual
part based on theoretical study is focused on the determinants of the
process of financial innovations and their application by the nonfinancial
companies. Theoretical study is followed by the empirical
research based on the analysis of the actual offer of the 20 biggest
banks operating in Poland with regard to financial innovations
offered to SMEs and large corporations. These innovations are
classified according to the main functions of the integrated financial
management, such as financing, investment, working capital
management and risk management.
Empirical study has proved that the biggest banks operating in the
Polish market offer to their business customers many types and
classes of financial innovations. This offer appears vast and adequate
to the needs and purposes of the Polish non-financial companies. It
was observed that financial innovations pertained to financing
decisions dominate in the banks’ offer. However, due to high
diversification of the offered financial innovations, business
customers may effectively apply them in all fields and areas of
integrated financial management. It should be underlined, that the
banks’ offer is highly dispersed, which may limit the implementation
of financial innovations in the corporate finance. It would be also
recommended for the banks operating in the Polish market to
intensify the education campaign aiming at increasing knowledge
about financial innovations among business customers.
Abstract: As alternative to existing e-government measuring
models, here proposed a new customer centric, service oriented,
simple approach for measuring countries e-Governments. If
successfully implemented, built infrastructure will provide a single egovernment
index number for countries. Main schema is as follows.
Country CIO or equal position government official, at the beginning
of each year will provide to United Nations dedicated web site 4
numbers on behalf of own country: 1) Ratio of available online
public services, to total number of public services, 2) Ratio of
interagency inter ministry online public services to total number of
available online public services, 3) Ratio of total number of citizen
and business entities served online annually to total number of citizen
and business entities served annually online and physically on those
services, 4) Simple index for geographical spread of online served
citizen and business entities. 4 numbers then combined into one index
number by mathematical Average function.
In addition to 4 numbers 5th number can be introduced as service
quality indicator of online public services. If in ordering of countries
index number is equal, 5th criteria will be used.
Notice: This approach is for country’s current e-government
achievement assessment, not for e-government readiness assessment.
Abstract: This article considers with the influence of selected economic indicators for the development of the Zlin region. Development of the region is mainly influenced by business entities which are located in the region, as well as investors who contribute to the development of regions. For the development of the region it is necessary for skilled workers remain in the region and not to leave these skilled workers. The above-mentioned and other factors are affecting the development of each region.
Abstract: This paper presents the research agenda that has been proposed to develop an integrated model to explain technology adoption of SMEs in Malaysia. SMEs form over 90% of all business entities in Malaysia and they have been contributing to the development of the nation. Technology adoption has been a thorn issue among SMEs as they require big outlay which might not be available to the SMEs. Although resource has been an issue among SMEs they cannot lie low and ignore the technological advancements that are taking place at a rapid pace. With that in mind this paper proposes a model to explain the technology adoption issue among SMEs.