Business and Management in Asia: Digital Innovation and Sustainability

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This book focuses on digital innovation and sustainability in the Asian region in the context of business and management. Managers and policy makers rely on digital technologies to face the region’s sustainability challenges and solve sustainability problems. From business perspective, sustainability is defined as the adoption of business strategies, activities, and operations that meet the needs of the firm and its stakeholder today while protecting, sustaining, and enhancing the human and natural resources that will be needed in the future. Digital innovation refers to the application of digital technologies to existing business problems as well as the development of the firm’s strategy, culture, and human resources talent to deal and use digital technologies to solve sustainability issues. There is a consensus among scholars and practitioners that organizations need digital innovation to stay competitive. Businesses that are digital innovators consider new ways to solve old and new sustainability problems facing the Asian region. This book, with its practical examples, gives the reader impulses for new Asian’s approaches and encourages the readers to dare to think and act in new ways. 

This book is the first annual compilation of innovative ideas and valuable managerial solutions produced by the region’s managers and decision-makers who think and act creatively, helmed by Tobias Endress and Yuosre F. Badir from the School of Management at the Asian Institute of Technology.

Author(s): Tobias Endress, Yuosre F. Badir
Publisher: Springer
Year: 2022

Language: English
Pages: 156
City: Cham

Preface
Contents
Rethinking Digital Innovations in the Lens of Sustainability: Perspectives from Asian Consumers of Organic Olive Oil
Introduction
Data and Methodology
Sample Description
Results and Discussion
Opinions of Asian Organic Olive Oil Consumers on Perception of Product Authenticity and Sustainability
Opinions of Asian Organic Olive Oil Consumers on Perception of Traceability and Food Fraud: How Much Blockchain Matters?
Conclusions
References
Japanese Sogo Shosha Corporations and Hidden Champions’ Barriers to Digital Transformation (DX)
Introduction
Digital Transformation Initiatives of Japanese Sōgō Shōsha
Participating Stakeholders
Sogo Shosha Processes
Sogo Shosha Internal and External Processes
Silos in Sogo Shosha
Human Resources Challenges of DX
The Future of DX in Japan
Limitations and Delimitations
Conclusion
References
Open Innovation Ecosystem in Asia
Open Innovation and Collaborative Corporate Culture
Open Innovation in a Nutshell
Adaption of Open Innovation in Asia
Leapfrogging with Open Innovation
International Open Innovation
Openness and IP Protection
Corporate Culture and Digital Governance
Open Innovation Contests
Public Support of an Open Innovation Ecosystem
Governmental Support for Open Innovation
Universities and Technology Parks
Summary
References
A New Era of Sustainable Innovation
A Brief History of Invention and Innovation in Asia
A Brief History of Sustainability in Asia
The Nexus of Sustainability and Innovation
The Era of Invention—What Was and What Will Be
Shifting from Sustainable Innovation to Sustainable Invention
Innovation/Invention as a Driver to Sustainability in Asia
Summary
References
Innovative Sustainable Business Models: A New Way to Recover Beyond the Pandemic
Sustainable Business Model Innovation
Direct Economic Impact from Covid-19 in Thailand 2020
Social Impact of Covid-19 in Thailand 2020
Definition Sustainable Business Model Innovation
Research Objective and Questions
Sustainable Value Development and Delivery for ISBM
Sustainable Business Model Innovation
Sustainable Value Analysis: Value Captured and Uncaptured
Research Gap
Conceptual Framework
Section Conclusion
Methodology
Findings and Analysis
Current Situation in Kiriwang
Kiriwang Village Before the Pandemic
Kiriwang Village Beyond the Pandemic
Conclusion
Recommendation, Discussion and Conclusion
Recommendation and Discussion
Conclusion
References
Technology Integration Within Women-Owned Enterprises in Nepal
Background: ICT and Its Adaption in Women-Owned SMEs
Information and Communications Technology (ICT)
Types of ICT
Advanced ICT Adoption
ICT in Nepal
Nepali Women-Owned SMEs
COVID-19 and ICT Adoption
Women Entrepreneurs and Their ICT Usage Pattern
ICT Adoption Factors Among Women Entrepreneurs
Conceptual Framework
Findings
Discussion
Conclusion
Recommendation for Further Research
References
Real-Estate in the Digital Age: From AirBnB to Zealous Modern Farmers (Kind of A-Z)
Gun, Germs and Steel—The Fate of Human Societies in the Digital Age
A Piece of Land, a Peace of Mind: Should You Buy A Piece of Land on the Moon?
Asian Markets: Why AirBnB is the Only American Internet Company Still Surviving in China?
Digital Land in Zuckerberg’s Metaverse
Zealous Modern Farmers Are the New Astronauts
Concluding Remarks
References
8 Systemic Barriers to Financial Inclusion in the Banking Sector of Bangladesh
Abstract
Introduction
Literature Review
Materials and Methods
Findings
Systemic Challenges in the Banking Sector
Banks’ Efforts Towards Sustaining Agent Banking
Banks’ Attempts in Product Development and Promotion of Agent Banking Model
Conducting Financial Literacy Programs and Appointing Financial Counsellors
Complexity of Registration and Limitation of Services Through Agent Banking
Banks’ Effort in Persuading the Potential Customers
Banks’ Overall Treatment Towards the Agents
Challenges
Discussion and Recommendations
Conclusion
Summary
References
Asia’s Sustainability and Digital Innovation Goals Proliferate by Executive Education and Corporate Training
The Investment in Human Capital
Skill Gaps
Greatest Need to Address Potential Skill Gaps
Executive Education for Leadership and Sustainability
Education for Leadership
Summary and Conclusion
References