Gabriel A. Ogunmola and Ujjwal Das
This paper aims to comprehensively analyze the factors influencing the adoption intentions of the digital rupee, a digital currency, among users in India.
Abstract
Purpose
This paper aims to comprehensively analyze the factors influencing the adoption intentions of the digital rupee, a digital currency, among users in India.
Design/methodology/approach
Drawing upon the Technology Acceptance Model (TAM), the study examines the relationships between cognitive beliefs (perceived usefulness, perceived ease of use, perceived trust, perceived self-efficacy, perceived cost and awareness), affective belief (attitude) and adoption intention of the digital rupee. The study uses a structured questionnaire to collect primary data from 1,707 respondents, which are then analyzed using structural equation modeling.
Findings
The results indicate that perceived usefulness and perceived ease of use significantly impact users' attitudes toward the digital rupee, as well as their adoption intentions. The findings further reveal that perceived trust, perceived self-efficacy, and awareness positively influence attitude and adoption intention. On the other hand, perceived cost exhibits a negative effect on attitude and adoption intention. These results provide empirical evidence on the factors that shape users' attitudes and intentions toward adopting the digital rupee.
Research limitations/implications
The research methodology used in this study ensures rigorous data collection and analysis. The structured questionnaire enabled the collection of detailed information from a large sample of respondents, allowing for robust statistical analysis. The utilization of structural equation modeling facilitated the examination of complex relationships among variables, enhancing the reliability and validity of the findings.
Practical implications
The study's findings offer practical guidance for policymakers, financial institutions and researchers in shaping digital currency regulatory frameworks, tailored financial services and further exploration of adoption dynamics.
Social implications
The research has social implications by potentially influencing the way individuals and communities in India engage with digital currencies, impacting financial inclusion and digital economic participation.
Originality/value
This research contributes to the understanding of the adoption of digital currencies in India and provides valuable insights for policymakers, financial institutions and researchers in the field of digital finance and technology adoption.
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Ujjwal Kanti Paul, Gurudas Das, Malabika Das and Tanuj Mathur
The existing literature on linking growers directly with the market mostly overlooks the case of smallholders. They grow commercial–perishable crops and have to rely on the…
Abstract
Purpose
The existing literature on linking growers directly with the market mostly overlooks the case of smallholders. They grow commercial–perishable crops and have to rely on the efficacy of the marketing system. The present paper intends to fill this void.
Design/methodology/approach
The paper studies the performance of two local markets among 216 pineapple producers and 50 traders using the structure–conduct–performance framework. Following which the authors attempt to unravel the determinants of growers' direct participation in the market and the impact of such involvement on the farm income using the Heckman two-stage treatment effect model.
Findings
The study analysis shows that the likelihood of growers’ direct participation in markets, found oligopolistic, increases with education, price information and family labor unit, while decreases with the growers' age, distance from market and the footfall of intermediaries at the farm gate. The second stage of the model has established a positive impact of participation on farm income.
Research limitations/implications
The small sample size could restrict generalization. The authors used only operating efficiency as an indicator of the performance of the marketing system due to the unavailability of district-level time series data on pineapple pricing.
Originality/value
This study shows that local food markets are oligopolistic. Growers fetch very less share in consumers' price and become vulnerable to food insecurity. The study highlights the determinants of growers' direct participation in the local market and the impact of such involvement on farm income.
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Bijoy Kumar Dey, Ujjwal Kanti Paul and Gurudas Das
Although handloom is a significant source of livelihood for millions of people in India, it performs poorly compared to other sectors of the economy, which may be the root of…
Abstract
Purpose
Although handloom is a significant source of livelihood for millions of people in India, it performs poorly compared to other sectors of the economy, which may be the root of technical inefficiency. Until now, to measure technical efficiency, no studies have been carried out; therefore, the purpose of this study is to estimate the technical efficiency in the handloom micro-enterprises in India.
Design/methodology/approach
This study includes 427 handloom micro-entrepreneurs from the Indian state of Assam. Using bootstrap truncated regression, the data envelopment analysis (DEA) was used to calculate the technical efficiency and identify the factors responsible for inefficiency.
Findings
The findings of this study reveal that handloom enterprises are 75% pure technically efficient, suggesting room for input reduction. The bootstrap truncated regression results show that education, prior experience, modern technology, ICT, bank loan, training, gender and location significantly influence the technical efficiency of handloom enterprises.
Research limitations/implications
Despite recent advances in the DEA method, this study used a traditional form of DEA. This study used only one output and a limited set of inputs. Better results could have been obtained by expanding the number of inputs and output. Finally, the data for this study has been obtained from a very narrow geographic area. The production practices of the handloom enterprises in other parts of the region and other states might vary considerably.
Practical implications
Technical efficiency measurement has management implications for businesses because it allows entrepreneurs to determine how much less input is required to produce the same output. A meticulous analysis can pinpoint the causes of inefficiency.
Originality/value
This paper aims to make two significant contributions to the extant literature. First, to the best of the authors’ knowledge, no published document has analyzed the technical efficiency of handloom micro-enterprises anywhere in the world. The authors fill this void by systematically analyzing the technical efficiency of the handloom industry in Assam.
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Bijoy Kumar Dey, Gurudas Das and Ujjwal Kanti Paul
This paper aims to estimate the technical efficiency (TE) and its determinants in the handloom micro-enterprises of Assam (India) using the double-bootstrap data envelopment…
Abstract
Purpose
This paper aims to estimate the technical efficiency (TE) and its determinants in the handloom micro-enterprises of Assam (India) using the double-bootstrap data envelopment analysis (DEA) technique.
Design/methodology/approach
The study uses a random sample of 340 handloom micro-entrepreneurs from the three districts of Assam in India. The double-bootstrap DEA was used to calculate the TE and its determinants.
Findings
The findings reveal that handloom enterprises are only 60% technically efficient, suggesting room for improvement. The bootstrap truncated regression results demonstrate that the handloom firms’ TE is influenced by both entrepreneur-specific and firm-specific factors.
Practical implications
The implication lies in the fact that the management of a firm may figure out how much it can reduce its input utilization to produce the existing amount of output so that it can move along the TE ladder. Moreover, it can crosscheck the factors to weed out inefficiency.
Originality/value
This paper has made two significant contributions to the extant literature. Firstly, it fills the gap by way of accounting the TE of handloom micro-enterprises, which has so far been neglected. Secondly, it used the bootstrap approach, which otherwise is very rare in the discourse on the Indian manufacturing industry, let alone in the micro, small and medium scale enterprises sector.
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Zachary A. Collier, Ujjwal Guin, Joseph Sarkis and James H. Lambert
In the buyer-supplier relationship of a high-technology enterprise, the concepts of trust and risk are closely intertwined. Entering into a buyer-supplier relationship inherently…
Abstract
Purpose
In the buyer-supplier relationship of a high-technology enterprise, the concepts of trust and risk are closely intertwined. Entering into a buyer-supplier relationship inherently involves a degree of risk, since there is always an opportunity for one of the parties to act opportunistically. Purchasing and supply managers play an important role in reducing the firm's risk profile, and must make decisions about whether or not to enter into, or remain in, a relationship with a supplier based on a subjective assessment of trust and risk.
Design/methodology/approach
In this paper, the authors seek to explore how trust in the buyer-supplier relationship can be quantitatively modeled in the presence of risk. The authors develop a model of trust between a buyer and supplier as a risk-based decision, in which a buyer decides to place trust in a supplier, who may either act cooperatively or opportunistically. The authors use a case study of intellectual property (IP) piracy in the electronics industry to illustrate the conceptual discussion and model development.
Findings
The authors produce a generalizable model that can be used to aid in decision-making and risk analysis for potential supply-chain partnerships, and is both a theoretical and practical innovation. However, the model can benefit a variety of high-technology enterprises.
Originality/value
While the topic of trust is widely discussed, few studies have attempted to derive a quantitative model to support trust-based decision making. This paper advanced the field of supply chain management by developing a model which relates risk and trust in the buyer-supplier relationship.
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This study aims to examine the technical efficiency of the chemical-free farming system in India using a hybrid combination of data envelopment analysis (DEA) and machine learning…
Abstract
Purpose
This study aims to examine the technical efficiency of the chemical-free farming system in India using a hybrid combination of data envelopment analysis (DEA) and machine learning (ML) approaches.
Design/methodology/approach
The study used a two-stage approach. In the first stage, the efficiency scores of decision-making units’ efficiency (DMUs) are obtained using an input-oriented DEA model under the assumption of a variable return to scale. Based on these scores, the DMUs are classified into efficient and inefficient categories. The 2nd stage of analysis involves the identification of the most important predictors of efficiency using a random forest model and a generalized logistic regression model.
Findings
The results show that by using their resources efficiently, growers can reduce their inputs by 34 percent without affecting the output. Orchard's size, the proportion of land, grower's age, orchard's age and family labor are the most important determinants of efficiency. Besides, growers' main occupation and footfall of intermediaries at the farm gate also demonstrate significant influence on efficiency.
Research limitations/implications
The study used only one output and a limited set of input variables. Incorporating additional variables or dimensions like fertility of the land, climatic conditions, altitude of the land, output quality (size/taste/appearance) and per acre profitability could yield more robust results. Although pineapple is cultivated in all eight northeastern states, the data for the study has been collected from only two states. The production and marketing practices followed by the growers in the remaining six northeastern states and other parts of the country might be different. As the growers do not maintain farm records, their data might suffer from selective retrieval bias.
Practical implications
Given the rising demand for organic food, improving the efficiency of chemical-free growers will be a win-win situation for both growers and consumers. The results will aid policymakers in bringing necessary interventions to make chemical-free farming more remunerative for the growers. The business managers can act as a bridge to connect these remote growers with the market by sharing customer feedback and global best practices.
Social implications
Although many developments have happened to the DEA technique, the present study used a traditional form of DEA. Therefore, future research should combine ML techniques with more advanced versions like bootstrap and fuzzy DEA. Upcoming research should include more input and output variables to predict the efficiency of the chemical-free farming system. For instance, environmental variables, like climatic conditions, degree of competition, government support and consumers' attitude towards chemical-free food, can be examined along with farm and grower-specific variables. Future studies should also incorporate chemical-free growers from a wider geographic area. Lastly, future studies can also undertake a longitudinal estimation of efficiency and its determinants for the chemical-free farming system.
Originality/value
No prior study has used a hybrid framework to examine the performance of a chemical-free farming system.
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Kamaljit Singh, Jasvinder Kaur and Simmi Vashishtha
The purpose of this study is to conduct a critical review of the operational and financial trends of Uttar Haryana Bijli Vitran Nigam Limited and Dakshin Haryana Bijli Vitran…
Abstract
Purpose
The purpose of this study is to conduct a critical review of the operational and financial trends of Uttar Haryana Bijli Vitran Nigam Limited and Dakshin Haryana Bijli Vitran Nigam Limited. Furthermore, the study aims to determine whether loss-making utilities would benefit from adopting the strategic model employed by Haryana.
Design/methodology/approach
Time series data from 2005–2006 to 2022–2023 is analysed using various significant accounting ratios and operational and financial performance parameters to assess the annual performance over the period.
Findings
The substantial operational and financial performance results of UHBVNL and DHBVNL indicate that from 2017 to 2018 onwards, the power discoms started performing well and are in an improving stage. These results create a strong profile for the utilities, suggesting that their model could be a viable solution for other loss-making power distribution companies.
Practical implications
As a policy recommendation, rather than privatizing the discoms, authorities should study the strategic model of profit-making states like Haryana and implement it in other states without any political interference.
Originality/value
The relevant research questions addressed are: What best practices have Haryana power discoms adopted to enhance financial performance and minimize losses? What lessons can other loss-making state-owned power discoms learn from Haryana? Can Haryana power discoms be a benchmarking model for public and private discoms operating at a loss?
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Gomathi V., Kalaiselvi S. and Thamarai Selvi D
This work aims to develop a novel fuzzy associator rule-based fuzzified deep convolutional neural network (FDCNN) architecture for the classification of smartphone sensor-based…
Abstract
Purpose
This work aims to develop a novel fuzzy associator rule-based fuzzified deep convolutional neural network (FDCNN) architecture for the classification of smartphone sensor-based human activity recognition. This work mainly focuses on fusing the λmax method for weight initialization, as a data normalization technique, to achieve high accuracy of classification.
Design/methodology/approach
The major contributions of this work are modeled as FDCNN architecture, which is initially fused with a fuzzy logic based data aggregator. This work significantly focuses on normalizing the University of California, Irvine data set’s statistical parameters before feeding that to convolutional neural network layers. This FDCNN model with λmax method is instrumental in ensuring the faster convergence with improved performance accuracy in sensor based human activity recognition. Impact analysis is carried out to validate the appropriateness of the results with hyper-parameter tuning on the proposed FDCNN model with λmax method.
Findings
The effectiveness of the proposed FDCNN model with λmax method was outperformed than state-of-the-art models and attained with overall accuracy of 97.89% with overall F1 score as 0.9795.
Practical implications
The proposed fuzzy associate rule layer (FAL) layer is responsible for feature association based on fuzzy rules and regulates the uncertainty in the sensor data because of signal inferences and noises. Also, the normalized data is subjectively grouped based on the FAL kernel structure weights assigned with the λmax method.
Social implications
Contributed a novel FDCNN architecture that can support those who are keen in advancing human activity recognition (HAR) recognition.
Originality/value
A novel FDCNN architecture is implemented with appropriate FAL kernel structures.