Foresight and STI Governance, 2023 (4)
http://foresight-journal.hse.ru
en-usCopyright 2023Mon, 18 Dec 2023 10:16:06 +0300The Impact of Open Data Implementation on Entrepreneurial Attitude with Regard to Moving towards UN Sustainability Goals
https://foresight-journal.hse.ru/en/2023-17-4/879969835.html
This study aimed to investigate the impact of open data implementation as part of its data governance initiatives on entrepreneurial attitudes in Europe and Central Asia. The impact of open data implementation in transforming entrepreneurial attitudes in Europe and Central Asia has never been determined or investigated in a measurable form. Using regression (OLS) analysis of secondary data on the open data implementation index from the Open Data Barometer (ODB) and the Entrepreneurial Attitude index from GEI, this study investigates the impact of open data implementation (as a national data governance strategy) on entrepreneurial attitudes in Europe and Central Asia. This study introduces a novel approach by integrating open data implementation into the analysis of entrepreneurial attitudes, a perspective yet to be explored in the context of Europe and Central Asia, thereby advancing our understanding of sustainable development goals. The study establishes a causation of the 32% impact of open data implementation on entrepreneurship attitudes toward recognizing opportunities in Europe and Central Asia. This study advocates for the establishment of a comprehensive national open data initiative as a catalyst for fostering entrepreneurial attitudes within Europe and Central Asia. Moreover, it emphasizes the importance for entrepreneurs to cultivate the necessary attitude for achieving their business objectives successfully. The study recommends further investigation using a recent dataset. The study’s findings improve the understanding of how to induce entrepreneurship attitudes in Europe and Central Asia in pursuit of post-pandemic economic development.Determinants of Sustainable Consumption Intention
https://foresight-journal.hse.ru/en/2023-17-4/879969904.html
Sustainable consumption has received a lot of attention from many regions and countries around the world recently. This study investigates factors that influence consumers' sustainable consumption intentions in Vietnam. Despite the growing importance of sustainable consumption, marketing managers still lack adequate information on how to promote it to consumers. This study aims to address this gap by examining the impact of environmental knowledge, man-nature orientation, environmental advertising, and demographic factors such as income, major, degree, age, and gender on sustainable consumption intention. An online survey was used to collect data from 460 people in Vietnam. The data was processed using multivariate linear regression analysis, Cronbach alpha, ANOVA, and other methods to identify factors affecting sustainable consumption intentions in Vietnam. The results show that man-nature orientation and environmental advertising have a positive impact on sustainable consumption intentions. Furthermore, the study also found a strong relationship between environmental advertising and man-nature orientation as well as natural and environmental knowledge. In contrast, the study did not find a relationship between environmental knowledge and sustainable consumption intentions. These results provide theoretical and practical implications for marketing managers in developing effective communication strategies to promote sustainable consumption and encourage environmentally friendly consumption intentions.Decarbonisation: A Case Study of Malaysia
https://foresight-journal.hse.ru/en/2023-17-4/879969962.html
The study aims to assess the decarbonization efforts of corporations in Malaysia in relation to the country’s national net-zero emission targets. A qualitative approach was adopted, employing two focus group discussions (FGDs) with a total of 18 participants. The FGD questions were developed based on the participants’ expertise and experiences. Thematic analysis was utilized to analyze the collected data. This study sheds light on key decarbonization practices in Malaysian companies, which place greater emphasis on environmental regulatory compliance and cost-saving measures. However, investment in decarbonization remains a small part of overall capital investment and receives little attention from corporate leadership. The importance of addressing the concerns raised by this study is key to realizing Malaysia’s Determined National Commitment (NDC) to achieve net zero emissions by 2050. This study contributes to the existing literature by providing insights into the decarbonization efforts of corporations in Malaysia, specifically in the context of the country’s national net-zero emission targets. The research utilizes a qualitative approach and applies thematic analysis to explore the perceptions and motivations driving decarbonization initiatives. The study also highlights the role of government pressures and the need to address critical business concerns for successful decarbonization.Competitive Strategies for Corporate Sustainability
https://foresight-journal.hse.ru/en/2023-17-4/879970008.html
This is an exploratory study to gain insight among tax and ESG practitioners on the linkage between ESG and tax compliance. Prior studies used secondary data to examine the association between ESG and tax avoidance and reported inconclusive results. This leads to speculative discussion to support the results, among which are corporate ethics and corporate hypocrisy. This motivates the study to examine the perception among parties involved to understand their views on the relationship. A total of 22 personnel representing firms, consultants, and regulator are interviewed. We found a gap between firms and tax regulators and consultant perception of the link between ESG and tax compliance. There is also an inconsistent perception among sustainability and tax personnel in firms. Interestingly, we found only the government-linked companies perceived tax compliance to be part of social components. Our study implies that there is evidence to support negative and no relationship between tax avoidance and ESG but no evidence to support corporate hypocrisy.Distributional Growth Paradigm in the Strategies of Sustainable Regional Development
https://foresight-journal.hse.ru/en/2023-17-4/866738714.html
The issue of bringing outsider regions closer to leaders in conditions of unequal distribution of assets in order to establish sustainable development is a big task, both on the part of the government and of the companies as well. The authors of the article raise the question of the choice of distribution mechanisms and their connection with the development of an optimal strategy for sustainable development. There are no universal tools in this regard, which means it is necessary to develop a complex combination of strategic decisions that takes into account the capabilities of the regions and the companies based there. Corporate strategies could significantly augment government action. This task is especially relevant for a country with a heterogeneous distribution of natural resources, among which Russia, making the emphasis is on fiscal decentralization as an equalization tool. Assessing its impact on the economy of Russian regions, the authors state that, despite its effectiveness in other countries, it is not workable for Russia. The solution seems to be the search for unique market mechanisms, the possible attraction of dynamic companies to the region and the selection of other mechanisms that trigger sustainable development.Big Data, Machine Learning, Artificial Intelligence and Blockchain in Corporate Governance
https://foresight-journal.hse.ru/en/2023-17-4/879970116.html
The paper analyses the dynamics of scientific research in, and practical application of key Industry 4.0 technologies in corporate governance, namely big data, artificial intelligence, machine learning, and blockchain. The contribution of specific authors, citation, and collaboration networks are assessed, along with that of individual countries and research organisations. A bibliometric network analysis of publications indexed in the Scopus and OpenAlex databases for 2011–2022 revealed a steady increase in the number of publications on the topic under consideration, and therefore a growing interest in it. The use of the abovementioned technologies in corporate governance is expected to lead to increased performance and transparency, and improved cybersecurity. The authors provide recommendations for various groups of users to maximise the potential of Industry 4.0 technologies for businesses, and the overall economy.History and Modern Landscape of Futures Studies
https://foresight-journal.hse.ru/en/2023-17-4/879970547.html
The challenges the futures studies face are particularly complex, interconnected, and contradictory, and cannot be resolved using linear approaches. Prognostic science needs tools matching the new contextual complexity, which would allow to capture a much wider range of driving forces, and their potential effects, in a non-linear perspective, to improve the accuracy of forecasts and quality of strategies. Through a retrospective analysis of prognostic science and Foresight studies, the paper presents the prerequisites for enriching the relevant methodology with the complexity science concepts. Relevant Foresight competences are identified. Case studies are presented, which can serve as practical guidelines to master the creative potential of complexity during particularly unstable periods. Special attention is paid to the emerging megatrend of the rising deglobalisation, which can radically affect the implementation of previously developed strategies. The key conclusion from the presented analysis is that skilful handling of complexity opens up major opportunities for creative growth.Genesis and Predictive Ability of Ecosystem Approach in Education
https://foresight-journal.hse.ru/en/2023-17-4/879970647.html
The landscape of education is progressively diversifying, characterized by an influx of various new participants, products, technologies, and institutional configurations. The concept of a comprehensive educational ecosystem is increasingly invoked. Yet, our understanding of the educational ecosystem phenomenon remains fragmented and lacking structure. This limitation poses obstacles to both engaging in a scholarly discourse and fully harnessing the predictive potential inherent in the ecosystem approach. The objective of this article is to delineate the practices involving interaction, knowledge exchange, and the diffusion of innovation among participants and strata within the educational realm. These practices serve as the foundation for the processes underpinning its development and transformation, culminating in the educational sphere acquiring ecosystemic attributes. This paper contributes to the conceptualization of an educational ecosystem founded upon the principles of an open and dynamic social system. It emphasizes the coevolution of stakeholders, a high degree of resource and competency complementarity, and collaborative competition in the creation of novel educational products. We expound upon the evolutionary origins of the educational ecosystem concept, attributing its development to the emergence of new actors and the expansion of communication capabilities for information dissemination and interactive linkages.We also underscore the continuity of the educational ecosystem concept concerning the triple, quadruple, and five helix models. Consequently, we propose a methodology for applying the ecosystem approach to conduct foresight studies and engage in co-design endeavors aimed at realizing the Sustainable Development Goals within the realm of education. This methodology aligns with the foundational principles articulated in the UN Sustainable Development Goals for Education until 2030 (Strategic Development Goal 4 - SDG4). The ecosystem approach is harnessed in the selection of source materials, the interpretation of prospective indicators, and the description of foresight subjects. In doing so, we affirm the predictive capacity of the ecosystem approach in modeling novel forms of stakeholder interactions, delineating the coevolution of social, economic, technological, and cultural trajectories, and identifying equitable and collectively significant priorities for the advancement of the educational milieu.