Next, the authors give a scenario of an engineering education at a wider level with a focus on a typical state. The authors have chosen to focus on Maharashtra state for this purpose. A brief sketch of the socio-economic perspective for the adoption of web-based, e-learning in the context of engineering education in India is examined. The impact of non-governmental organiza- tions NGOs is illustrated through the detailed description of a case study regarding the experiment called Digital Engineering Campus DEC. Consid- ering the economic as well as social benefits, using the detailed case study of DEC, authors argue that developing countries like India have tremendous growth potential in web-based education.
Further, the experiences of developed countries with web- based education will prove to be highly beneficial for developing countries like India. However, it is not easy for people to accept this fundamental especially when it comes to the Internet and technologys growing importance in business operations. They claim it as a temporary trend that will leave little visible change in the way business is conducted.
For these businessmen the philosophy seems to be keep making better products and offering new services, and the customers will keep buying. They ignore changes occurring in the buying habits of customers and ignore the impact of technology. There are some businesses that are happy to follow the leader and adopt tools like supply chain management.
Supply chain management is a recognized discipline to shorten cycle times, reduce inventories, decrease logistics costs and streamline com- munication process across the business network. On the other hand are the businessmen who understand the learning organization concept and develop a forward orientation. They are prepared to ride the technology wave to new heights and accomplishments by using technology as a defining element in business operations.
This chapter suggests a new approach for this new breed of Entrepreneurs. In this chapter, the authors are trying to give supply chain management a customer orientation and study its results. The authors highlight the synergistic advantage of linking supply chain management with customer relationship manage- ment into a tightly knit network using technology. The main focus is on finding solu- tions to deal with Internet-empowered customers and to learn how to apply technolo- gies demanded in the new digital economy. All the chapters included in this book are original and have been published for the first time.
While paying attention to the current status of the intertwined issues of electronic commerce in technology, standards, policy and legal issues, the focus is on many socio-economic issues and aspects of the electronic commerce that other books do not cover. This book aims to provide relevant theoretical frameworks and latest empirical research findings in this area.
Such projects can- not be kept running without enormous support and help. Producing a book is just like entering a long-term relationship with many partners like con- tributors, reviewers, editors, and a publisher.
Understanding the impact of digitalization on society
It is appropriate to acknowl- edge all of those people we know who have directly or indirectly shaped our work by contributing to the successful production of this book. We would like to express an especially warm note of thanks to Professor Mehdi Khosrow-Pour, Chief Editor, Idea Group Publishing, which made the start of this project possible by planting the seed of inspiration by suggesting this project to us. We wish to thank all the contributors for their excellent contributions to this book.
Many of the contributors also served as reviewers for the chapters written by other contributors and assisted the editors in producing a won- derful product. Thanks go to all those who provided constructive reviews to enhance the quality of the book.
Irrespective of having congested schedules, these people responded promptly and enthusiastically to all our requests. However, some of the individuals need a special mention as their help set the benchmark.
These include: Professor Alev M. Efendioglu, Professor Vincent F. Yip, Mr. Kwonghwan Park, Dr. Fjodar Ruzic, among others. A special vote of thanks is due to Profes- sor Stanley D. Brunn for providing us access to his listserv, introducing us to potential authors and contributors and encouraging us to persist with the project until successful completion. A special vote of thanks is also due to Professor Gary P.
- Technology and Economic Impact : Horizon!
- Simulation-based case studies in logistics: education and applied research?
- Digital Economy, Impacts, Influences and Challenges by Harbhajan Kehal | | Booktopia.
- Thermochemical Data of Pure Substances, 2 Volume Set.
- Trends in the Information Technology sector.
- Teaching Design and Technology 3 - 11;
- Think and Grow Rich by Napoleon Hill!
Schnieder for kindly accepting our invitation and making a highly valuable contribution within the tight delivery schedules. A special environment at the University of Western Sydney in Australia facili- tated our work on this project. The cooperative attitude of all the colleagues had a direct impact on the successful completion of this task.
- Report Post.
- Indian digital economy – opportunities and challenges!
- Digital Economy: Impacts, Influences, and Challenges - Google книги.
- Land and Limits: Interpreting Sustainability in the Planning Process (Intertext Series);
We also acknowledge the help of Michele Rossi, Jennifer Sundstrom and Amanda Phillips for their unstinting support to this project. We would like to express our sincere thanks and gratitude to our families, who have been supportive and patient throughout this venture, without which this project could not have been completed successfully. We are highly grate- ful to Mrs. Harbans Kehal for her great moral support and encouragement that bolstered us in tough situations.
A special mention must be made of Harinder Samatani for his technical help in the editing process and also for his contribution with his computing and linguistic skills. In closing, we wish to acknowledge the unselfish help and technical support provided by Dr. Kiranjit Sohi during the end days of the project.
Kehal V. Copying or distributing in print or electronic forms without written permission of Idea Group Inc. Sharma Ball State University, USA Abstract Innovations in information and communications technologies have created a digital revolution that is changing the way the world works, learns, communicates and transacts business.
E-commerce continues to show strong growth and has been influencing the social and economic growth of nations.
Digital Economy Impacts, Influences And Challenges Hardcover
On one hand e-commerce technologies have helped nations to accelerate their economic growth and to provide more opportunities for businesses to grow, but it has also created many challenges and effects across numerous domains of society, and for policy makers. These issues involve economic productivity, intellectual property rights, privacy protection, and affordability of and access to information, among other concerns.
Introduction The revolution in computing and communications of the past few decades, indicate that technological progress and use of information technology will continue at a rapid pace. The Internets growth and e-commerce has begun to create fundamental change in government, societies, and economies with social, economic and political implications Boulton et al. These advances present many significant opportunities but also are having wide-ranging effects across numerous domains of society, and for policy makers.
Issues involve economic productivity, intellectual property rights, privacy protection, and affordability of and access to information, among other concerns Sharma and Gupta, ; b. Electronic commerce promises to be the momentum behind a new wave of economic growth Mariotti and Sgobbi, E-commerce has already improved business value by fundamentally changing the ways products are conceived, marketed, delivered, and supported.
The relationship and interaction of various stakeholders such as customers, suppliers, strategic partners, agents, and distributors is entirely changed.
Digital Economy Impacts, Influences and Challenges | Electronic Business | E Commerce
On the positive side, e-commerce has been creating opportunities for individuals and businesses in the new economy. E-commerce is helping organizations to reduce transaction, sales, marketing, and advertising costs. E-commerce is also helping businesses to reach global markets efficiently 24 hours per day, seven days per week, days per year. Many of the benefits come from improved consumer convenience, expanded choices, lower prices, and the opportunity for better interactions with partners, suppliers and targeted customers for service and relation- ships.
E-commerce has also improved product promotion through mass-customization and one-to-one marketing.
Digital Economy: Impacts, Influences and Challenges
Adoption of new information technologies, particularly e-commerce, is expected to result in improvements in firm performance, such as reducing transaction costs and closer coordination of economic activity among business partners e. E-commerce specifically especially B2B is predicted to result in lower coordination or transaction costs due to automation of transactions online, as well as productivity and efficiency gains Amit and Zott, ; Lucking-Reiley and Spulbur, ; Wigand and Benjamin, E-commerce also is expected to facilitate entry into new markets and the extension of existing markets Garicano and Kaplan, , and greater integration of systems with suppliers and customers OECD, ; Timmers, ; Wigand and Benjamin, The impacts of these changes are diverse and may even widen the digital divide among nations, alter the composition of trade, disrupt labor markets, and change taxation Anonymous, Widespread use of the Internet for e-commerce may have ramifications for intellectual property rights, privacy protection, and data filtering, etc.
Therefore, in the digital economy, it is becoming imperative to know how e-commerce affects organizations and society and raises social concerns. Some of these effects of e-commerce are unintentional and create adverse business and personal conditions that could have societal conse- quences. Social and economic aspects of ICTs have been studied by a wide variety of researchers and practitioners for over 50 years Dutton, a; b. However, the influences of e-commerce are far bigger than imagined before Sharma and Gupta, b. The chapter is divided into four sections.
The first section provides the definition and components of the digital economy. The second section discusses the positive influences of e-commerce for businesses. The third section discusses the details of sociological influences of e- commerce. The fourth and concluding section discusses the economic impact of e- commerce in the digital economy. Digital Economy The essential in the new economy is a structural shift from the industrial economy toward an economy characterized by information, intangibles and services and a parallel change toward new work organizations and institutional forms.
Many new terms have been coined for this new economy such as knowledge-based economy, borderless economy, weightless economy, networked economy, digital economy, the information-based economy, and the networked economy to name a few Woodall, ; Sharma et al. A digital economy is a convergence of communications, computing, and information. The new economy is basically about coordination, innova- tion, selection and learning Grdin, The combination of networked computing technologies and new business models is creating entirely new markets, industries, businesses, and work practices today to form a digital economy.
The new economy or digital economy is based more in the form of intangibles, information, innovation, and creativity, in expanding economic potential Persaud, and is based on the exploi- tation of ideas rather than material things. The focus of the new economy moves from processing material input into material output toward creation, trading and distribution of knowledge, intellectual property and intangibles. The symbiosis between changing production and business processes and information and communication technologies ICT is the driving force toward the new, digital economy.
The key to understanding the new economy is services and the measurement of services.