Human Capital, Knowledge Creation, Knowledge Diffusion, Institutions and Economic Incentives: South Korea Versus Africa

Asongu, Simplice; Tchamyou, Vanessa S.

doi:10.2139/ssrn.3144122

Cited by 17 publications

(15 citation statements)

References 33 publications

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“…The PCA is a technique that reduces a set of highly correlated variables to a smaller set of uncorrelated indicators called principal components, which represent a substantial proportion of information or variability in the constituent indicators (Asongu & Tchamyou, 2018). Asongu and Tchamyou (2018) furthermore emphasised that the criterion utilised to determine which information to retain is from Jolliffe (2002) and Kaiser (1974) who recommended that PCs with an eigenvalue greater than the mean or one should be retained. The eigenvalues and corresponding difference (variation) of retained first PCs, consistent with the criterion highlighted above are displayed in Table 2.…”

Section: Financial Development Index Computationmentioning

confidence: 99%

ICT adoption, innovation and financial development in a digital world: empirical analysis from Africa

Ejemeyovwi

Osabuohien

Bowale

2021

Transnational Corporations Review

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As a response to a digital era that is seen as a core element of global digitalisation, financial development in many countries including those in the African continent experienced varying patterns. These have made some countries to be categorised as relatively high and others relatively low in terms of their scale on digital economy. Thus, this study empirically investigates the interaction of information and communication technology (ICT) adoption and innovation, and the role of this digitalisation interaction on financial development in Africa, and across the sub-regions. It utilises the Bayesian Vector Auto-Regressive (BVAR) modelling to simulate the impulse response function and variance decomposition across Africa. The study finds that ICTinnovation interaction shock positively drives financial development across all of 6 datasets. This implies that for multinational corporations (MNCs) and other economic agents, ICTinnovation interaction should be strongly applied across all sectors to drive financial development since all sectors require finances to improve performance. Thus, contributes to the empirical testing of the theoretical reflections of digitalisation and digital economy interaction in African countries.

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Section: Financial Development Index Computationmentioning

confidence: 99%

ICT adoption, innovation and financial development in a digital world: empirical analysis from Africa

Ejemeyovwi

Osabuohien

Bowale

2021

Transnational Corporations Review

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“…GS economies face a large deficit of human capital. Observers have, for instance, suggested that a key reason why aid to Africa has not worked concerns the lack of human, social and institutional capital (Asongu and Tchamyou, 2020). The issue here is a surplus of unskilled labor but at the same time significant shortage on highly skilled human capital (Giannetti et al , 2015).…”

Section: Findings and Some Propositionsmentioning

confidence: 99%

Evolving uses of artificial intelligence in human resource management in emerging economies in the global South: some preliminary evidence

Kshetri

2021

MRR

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Purpose The purpose of this paper is to examine the use of artificial intelligence (AI) in human resource management (HRM) in the Global South. Design/methodology/approach Multiple case studies of AI tools used in HRM in these countries in recruiting and selecting as well as developing, retaining and productively utilizing employees have been used. Findings With AI deployment in HRM, organizations can enhance efficiency in recruitment and selection and gain access to a larger recruitment pool. With AI deployment in HRM, subjective criteria such as nepotism and favoritism are less likely to come into play in recruitment and selection of employees. AI deployment in HRM also has a potentially positive impact on the development, retainment and productive utilization of employees. Research limitations/implications AI is an evolving technology. Most HRM apps have not gained enough machine learning capabilities with real-world experience. Some of them lack a scientific basis. AI in HRM thus currently affects only a tiny proportion of the population in the GS. Practical implications The paper explores the roles of AI in expanding recruitment pools. It also advances our understanding of how AI-based HIRM tools can help reduce biases in selecting candidates, which is especially important in the Global South. It also delves into various mechanisms by which AI helps in the development, retainment and productive utilization of employees. Originality/value We provide details of various mechanisms by which AI brings input and output efficiencies in recruitment and selection in these countries.

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“…Accordingly, governance variables have both positive and negative values and the countries in Sub-Saharan Africa have been documented to be associated with more negative values compared to other developing countries (Tchamyou, 2021). Moreover, Africa's contribution to world trade has dropped to 1.5% from more than 3.8% in the 1950s (Asongu & Tchamyou, 2020).…”

Section: Concluding Implications Caveats and Future Research Directionsmentioning

confidence: 99%

Globalization, Governance and the Green Economy in Sub-Saharan Africa: Policy Thresholds

Asongu

Nnanna²

2021

SSRN Journal

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This study assesses how globalization modulates the effect of governance on CO2 emissions in sub-Saharan African countries. The empirical evidence is based on Generalized Method of Moments. The minimum level (or negative threshold) of FDI required for it to interact with political stability and contribute towards the green economy is 45% of GDP, while 90% of GDP is the maximum level (or positive threshold) required for trade to complement "voice & accountability" in mitigating CO2 emissions. 76 % of GDP and 80 % of GDP are respectively negative trade thresholds for government effectiveness and economic governance. The corresponding negative trade thresholds for the rule of law, corruption-control and institutional governance are respectively, 230% of GDP, 63.5% of GDP and 106.5% of GDP.Actionable openness policy thresholds are provided to inform policy makers on how governance interacts with globalization to promote the green economy.

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Human Capital, Knowledge Creation, Knowledge Diffusion, Institutions and Economic Incentives: South Korea Versus Africa

Cited by 17 publications

References 33 publications

ICT adoption, innovation and financial development in a digital world: empirical analysis from Africa

ICT adoption, innovation and financial development in a digital world: empirical analysis from Africa

Evolving uses of artificial intelligence in human resource management in emerging economies in the global South: some preliminary evidence

Globalization, Governance and the Green Economy in Sub-Saharan Africa: Policy Thresholds

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