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Purpose: Mobile-based payment is increasing exponentially but in the developing country like India, consumers' perception is highly positive in daily cash transaction. The purpose of this research is to identify and examine the important challenges for mobile wallet (m-wallet) implementation in India. In the wake of COVID-19, one of the transmission mechanisms of this virus has been the coins and paper money passed between a buyer and a seller. As such m-wallet considered as a convenience of payment has become a necessity in light of the pandemic. Design/methodology/approach: The authors explored 19 unique sets of challenges selected from the literature and collected data from 14 experts from private sector, multinational corporations and mixed private and public partnership who have significant knowledge and experience of mobile payment implementation and use in their respective organisations. Also, the authors have used Interpretive Structural Modelling (ISM) methodology in developing a hierarchal model for the identified challenges. The authors implemented Cross-Impact Matrix Multiplication Applied to Classification (MICMAC) analysis to classify the identified challenges. Findings: The ISM-based framework is divided into nine different hierarchical levels. "Lack of strong regulatory compliance (Ch6)" has been recognised as the most important challenge, which inhibited the mobile wallet implementation, whereas "Perception of customers about the value of using mobile wallets (Ch11)" is the most dependent critical challenge. There are seven hierarchical layers in between the top and the bottom level with the varied number of challenges based on their driving and dependence power. Originality/value: This is the first research to the best of our knowledge that has not only comprehensively reviewed the m-wallet literature but also employed a unique ISM-MICMAC-based approach to develop a framework of challenges for the m-wallet implementation. [ABSTRACT FROM AUTHOR]

In the context of a rapidly evolving Clean Development Mechanism (CDM) market and increasing debate about the design of a future global climate regime, it is essential to understand which types of projects are undertaken along industrial value chains, and also the influence of company characteristics (e.g. size, raw material base, product type, ownership and location) on firms' CDM participation and choice of project type. The Indian pulp and paper industry was examined for its energy intensity and its diversity in terms of both mitigation opportunities and company characteristics. Large firms were found to be more likely than small firms to participate in CDM. Although CDM projects in large and small firms generate similar amounts of certified emission reductions (CERs), the type of technology implemented in those projects varies strongly with company size due to differing levels of capabilities and capital. Mill size and raw material base also affect participation and choice of project type. A structured approach is suggested for analysing how to engage different subsectors of an industry in mitigation efforts based on transnational sectoral approaches, domestic sectoral approaches, and programmatic CDM. Preliminary policy recommendations are offered for the Indian pulp and paper industry, as well as insights that are transferable to other countries. A one-size-fits-all sectoral approach is difficult to implement and a strategy for differentiated treatment based on company characteristics is required to reflect local development priorities. [ABSTRACT FROM AUTHOR]

This article discusses Romania's burgeoning development aid policy to the post-colonial space. By leveraging its expertise in petroleum extraction to forge a strategic relationship with India in the 1950s, Bucharest was able to gain a strategic foothold as oil assistance provider to the non-aligned countries. This text details Romania's efforts to help build India's national oil industry by bringing into focus the broad nexus of forces at play in such process. It therefore aims to contribute to a more nuanced understanding of 'the Second World's Third World' by discussing the ideological and geopolitical considerations of both East-East and East-South relations. [ABSTRACT FROM AUTHOR]

Industrial sector is the largest user of energy in India and many parts of the world. More than half of the total energy is used in industries to operate various energy-using machineries. Energy conservation is a cost-effective approach in any energy optimization program that can be implemented in industrial activities. Energy-intensive industries in developing economies offer significant energy-saving potential owing to the technology gap as well as lower operating efficiency. A detailed energy flow analysis was conducted in a paper carton manufacturing unit in India to quantify the energy-saving potential. The study revealed that the compressed air leakage is responsible for about 50% of the total energy loss. The specific electrical and thermal energy consumption was estimated and found to be 91.85 kWh/ton and 1,619 MJ/ton of biomass, respectively. Annual energy saving potential was found to be 5.9% of the total annual energy consumption. The cost of DG power is found to be 389% higher than the grid power. The share of self-generated DG power is estimated to be 41% of the total power consumed. Electrical energy intensity of the plant could be reduced by 6.36% implementing energy conservation measures proposed in this study. [ABSTRACT FROM AUTHOR]

Public disclosure programs that collect and disseminate information about firms' environmental performance are increasingly popular in both developed and developing countries. Yet little is known about whether they actually improve environmental performance, particularly in the latter setting. We use detailed plant-level survey data to evaluate the impact of India's Green Rating Project (GRP) on the environmental performance of the country's largest pulp and paper plants. We find that the GRP drove significant reductions in pollution loadings among dirty plants but not among cleaner ones. This result comports with statistical and anecdotal evaluations of similar disclosure programs. We also find that plants located in wealthier communities were more responsive to GRP ratings, as were single-plant firms. [ABSTRACT FROM AUTHOR]

Most governments around the world are fostering innovation and entrepreneurial systems with a prominent role for venture capital (VC) support policies. However, the debate about the role and impact of VC support policies is still focused on the countries of the Global North. In this context, this paper seeks to describe and analyse the role that the state has played in the emergence and development of the VC industry in India and Brazil, two of the biggest economies of the Global South. We adopt a systemic and evolutionary perspective under the general context of a renewed role for the state in financing innovation. We offer interesting questions and implications to discuss the challenges, scale and impact that could be expected from VC industry support policies in the Global South countries. [ABSTRACT FROM AUTHOR]

This short paper offers some reflections on the role, effectiveness and challenges for health information systems in developing countries. It is argued that such systems need to support the use of information for action, but that this is often compromised by poor quality data. In addition, good data and related ICTs are inadequate by themselves since effective action also needs knowledgeable people and supportive institutions. Some approaches are discussed on software philosophy, educating people and changing institutions. The paper also includes a brief reflection on theory and its role in relation to action in health information systems, and ends with some reflections for practice. Illustrative examples in the paper are drawn mainly from India, but the issues discussed are relevant to engagement across the globe. [ABSTRACT FROM AUTHOR]

Despite the bourgeoning of smart city initiatives across the Global South, their implementation and place-based outcomes remain understudied. This paper presents empirical studies in three Indian cities of Bhubaneswar, Pune and Chennai; three of the first 20 smart cities prioritized for implementation in the Smart Cities Mission. It investigates the place-based outcomes utilized to create smart cities under three categories of mega-, placemaking, and lighthouse projects. The results show varying levels of urban interventions contributing to 'bubble urbanism' – a fragmented combination of large-scale mega-projects and small-scale revitalization projects – with complex socio-spatial implications for smart city development in India. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to explore the parameters, which venture capital investors prioritize while evaluating proposals. The deal selection procedure in actuality is different from the said procedure Zacharakis and Meyer (1998). Therefore, asking Venture Capital (VC) firms to rank each criterion that they use while evaluating a proposal will not be able to capture the true evaluation criteria. Further, VCs' decision varies based on the set of deals on their table. To address this problem, VCs should be asked to reveal the strength and weaknesses of the received proposals in each parameter and then their final decision on those proposals. Therefore, this study examines the decision-making criteria with reference to 441 samples of accepted and rejected proposals. This paper reveals that leadership quality, product/service superiority, revenue projection, and access to foreign market are strong determinant of VCs investment decision. Hence, in deal selection procedure, venture capitalists can reduce their evaluation process to these parameters only. In developing countries like India, availability of information regarding start-ups is highly asymmetric. Therefore, considering a proposal based on these most important parameters will enhance their decision-making process. [ABSTRACT FROM AUTHOR]

Purpose: This paper aims to examine the performance of marginalized farmers in supply relationships with agri-tech firms in emerging rural agricultural economies. The complex relationship among the suppliers, dual relationship and knowledge transfer (KT) was studied. This paper empirically investigates the relationship between KT and supplier's performance improvement (SPI) via buyer–supplier relationship (BSR). Design/methodology/approach: Grounded on agency theory, a conceptual framework has been proposed to identify the mediation effect of BSR. The context deals with suppliers who are farmers in developing nations. The hypotheses were tested using confirmatory factor analysis and structural equation with a sample of 121 marginalized farmers from Indian states. The data was collected using a survey instrument designed by adapting the well-cited and validated measures. These marginalized farmers worked in collaboration with the agri-tech firms facilitating them with the KT. Findings: The relationships established from the results also indicate the fact that KT is a powerful tool to make connections with farmers that lead to their performance improvement. The KT was found as a driver to improve performance (SPI) and the BSR acted as a positive mediator in this study. The complex relationships among the KT, BSR and SPI hold. Research limitations/implications: This paper can be subscribed to various nuanced understandings of the agricultural supply chain context in emerging economies, in the specialized cases where farmers belong to the marginalized communities. This study has the scope to replicate using a mixed-method approach in emerging economies beyond India. It also advances the agency theory literature in the supply chain discipline of emerging rural economies. Practical implications: This study offers strategic implications for agri-tech practitioners, policymakers and academic debate. The marginalized farmers with KT and improved BSR can become a part of the mainstream value chain, their debts can be reduced, suicides can be prevented and the quality of their family life can be significantly improved. Originality/value: This study makes a unique contribution by investigating how the agri-tech firms (non-traditional buyer) and supplier relationship and KT helps improve the economic sustainability of smallholder farmers in India. The authors immersed themselves in fieldwork by interacting and meeting in person with 121 farmers residing in the remotest of the remote rural areas across multiple states of India. This resulted in the collection of authentic data and capturing the ground realities from one of the fastest-growing and largest emerging economies. [ABSTRACT FROM AUTHOR]

This paper analyzes the introduction of European prefabrication building systems in India in the years immediately after independence from Britain in 1947, through the lens of two episodes. In each case, the analysis challenges the often-perceived notion of the local, in this case Indian, actors in the Global South as mere recipients of superior foreign technologies, positing them instead as critical assessors, evaluators and decision makers. In the first example of UK's Alcrete House, well known as the reason for German architect Otto Koenigsberger's infamous departure from India, the paper examines archival materials, discussed here for the first time, to shed light on the role of Indian players who demanded accountability from foreign experts. In the second lesser-known example of the Swiss lightweight concrete building product, Durisol, the analysis highlights the role of local architects like Shaukat Rai, who deployed his own transnational and intranational networks in the product's bid to enter the Indian construction market in the early 1950s. [ABSTRACT FROM AUTHOR]

Scholarly work that seeks to theorize about fragmentation of media audiences has largely been restricted to the experiences of advanced democracies in the west. This has resulted in a preponderance of research endeavors that have sought to understand this phenomenon through ideas that are pertinent, perhaps solely to those contexts, and not as applicable outside, particularly in the Global South. This has potentially limited our imagination into various other ways in which audience fragmentation can manifest in these often-overlooked countries. In this paper, I use the case of online India as an example to offer a theoretical framework – that of news reading publics – for understanding audience fragmentation as a more global socio-political phenomenon that allows for rigorous comparative research, without being restrictive in scope. I draw from existing theories in communication and related disciplines and show how such a framework can be situated within existing social science theory. I argue that this framework should make us think of audience fragmentation in western contexts to be special cases of a more general model. I also show how network analysis can be used as a context-agnostic tool for identifying news reading publics and demonstrate the utility of such a method in complementing this theoretical framework. Finally, I discuss potential future research directions that this framework generates. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to examine the value of decolonial approaches (DAs) such as epistemic locus (Mignolo, 1995, 2000) in studying innovation. Design/methodology/approach: This paper is based on a case study of a stem cell surgical innovation developed in India. A critical hermeneutic analysis method has been followed for data analysis. Findings: Epistemic locus influences the framing of the problem, perceptions of risks/opportunities as well as the envisioning of alternate institutional systems. Persistent and strategic effort at building connections changes local improvisation into a globally legitimate innovation. Research limitations/implications: It indicates the value of using DAs for innovation studies especially epistemic locus, enactment and connections in understanding knowledge generation and innovation. Practical implications: Innovation in Global South can be encouraged by giving more space to the innovator to attempt or experiment. More conscious conversation of epistemic locus of the researcher could help. Social implications: Countries have to move beyond a mere technological imitation to include discussions on epistemic imitation. Epistemic imitation prevents one from seeing what one has and one only looks at conditions from the eyes of the dominator. Originality/value: This study documents the development of an innovation from an Indian epistemic locus which differs from a western epistemic locus and the impact this has on an innovation. [ABSTRACT FROM AUTHOR]

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The COVID-19 pandemic created one of the biggest disruptions in human life. We were all confined within the walls of our homes or offices with day-to-day life worldwide seriously affected. In this context, access to and efficient use of technology determined the course of daily life for vast sections of the world's population. However, there was (and still is) a severe pre-existing global divide between the Global North and Global South vis-à-vis digital access. This paper attempts to understand this digital divide and how it has widened during the pandemic in the Global North and Global South with reference to India and the United States (US). This is initiated by analyzing certain factors within each country, namely positional and personal categorical inequalities. Through the cases of the US and India, the authors conclude that the COVID-19 pandemic has exacerbated the global digital divide between the two worlds, affecting core social sectors like education and health. The larger implication of this is a broadening inequality between the Global North and Global South in leading development indicators like the Human Development Index. [ABSTRACT FROM AUTHOR]

Aims: This structured review aimed to discuss the existing literature on therapeutic hypothermia for moderate to severe neonatal encephalopathy exclusively in low- and middle-income countries (LMICs).Methods: Medline, Embase, CINHAL and Cochrane Registry were searched for original papers with therapeutic hypothermia (TH) for treating neonatal encephalopathy in LMIC with no language restrictions. The search identified 1413 papers from 1990 to 31 August 2021.Results: Twenty-one original papers were included after duplicates removal and full-text screening in the final review. Fourteen randomized control studies and seven non-randomized studies were discussed with various modes of cooling (servo-controlled, phase changing material, traditional methods), complications during cooling, mortality and long-term neurodevelopmental assessment. Although there is sufficient evidence in LMIC favouring cooling for the reduction in mortality and improving the neurodevelopmental outcomes, nonetheless these studies were widely heterogeneous in terms of method of cooling, tools for assessing developmental outcomes, age at assessment and variations in neuroimaging tools and reporting.Conclusion: Therapeutic hypothermia is beneficial in LMICs with low certainty of evidence in reducing mortality and improving neurodevelopmental outcomes. [ABSTRACT FROM AUTHOR]

This introductory article makes a critical estimation of the impact of pandemics on the Global South consumer's well‐being. Our paper moves beyond the concerns of the other papers of this Special Issue. Instead, we focus on the issues of the vulnerable, marginal, and subaltern consumers of the Global South—experiences and anxieties, distinct from those of more "modern," capitalized, industrialized, democratized, and economically liberated Global North consumers. We offer the North–South comparisons across national lines or from block to block that bring in a series of promising directions and new currents in the critical, interdisciplinary studies of consumer affairs. Primary perspectives and associated topics for future agenda impacting TCR highlighted are (i) socio‐economic inequalities and injustices, (ii) environmental injustice and sustainable future. We finally suggest an innovative research paradigm, "altruistic‐activist consumer research," to address the concerns and impact the well‐being of marginal consumers from the Global South. [ABSTRACT FROM AUTHOR]

Purpose: Contemporary frameworks in the resource-based view (RBV) of the firm observe that the proprietary firm-specific assets of multinational companies (MNCs) from developed economies give them competitive advantage in international markets. However, the question "how do emerging market firms (EMFs) achieve accelerated internationalisation in knowledge based industries – despite not possessing proprietary assets and lacking critical elements of innovation eco-systems, institutions and infrastructure" has yet to be addressed. This paper aims to adopt a knowledge-based view (KBV) of the firm, identifying knowledge, both inside and outside of the firm, as a critical element for the internationalization of EMFs. Design/methodology/approach: This research entailed deductive econometric analyses using panel data analysis from 925 firm-year observations, which tested our predictions on capabilities that contribute to the internationalization of EMFs from the IT industry in India. Findings: The findings of the authors' panel data analysis reveal that the capacity to internationalize is predicated by knowledge leverage in three principal domains: absorptive capacity, tacit knowledge and knowledge-codification. This study shows internationalization is driven by higher-order capabilities of EMFs that draw on the absorptive capacity of individuals and collectives as a dynamic capability to serve international clients worldwide. Research limitations/implications: This study highlights that the process by which EMFs gain competence is different to the Western MNCs insofar as the extent to which EMFs have to stretch their efforts of learning from clients. Practical implications: For practitioners, the findings of this research are a useful guide to understand that EMFs need to make strategic investments to understand the idiosyncrasies of a variety of clients' needs and operating environments to dynamically adapt, document the learning and leverage the tacit knowledge. Social implications: This study captures the innate ability of entrepreneurs in emerging economies to unlock their potential in human capital for globalizing operations and targeting new market segments in the industry. This can directly benefit in uplifting the income level of millions in relatively underdeveloped countries and bringing about much-needed equity in the level of income in the society. Originality/value: The value of this study lies in its novel and contemporary insight on how EMFs leapfrog in a fast-changing technology space. What distinguishes the work from the static framework in literature is that EMFs learning is dynamic, and happens in an interactive mode, alongside clients in close proximity. This study captures the innate ability of entrepreneurs to unlock the potential of human capital in emerging economies for globalizing operations. [ABSTRACT FROM AUTHOR]

Based on fieldwork conducted in Senegal, Tanzania, and India, this article argues for a territorialized approach to mini-grids. One of the most sought-after solutions to electrification and transition to renewable energies in the Global South, mini-grids can be defined as decentralized collective systems of electricity supply. Whereas the academic and grey literature has mostly focused on their presence in rural areas, this paper looks at their development in urbanizing localities. It documents access to electrical service in these spaces and shows that, behind the rather uniform vision associated with the mini-grid object, the service provided takes different forms depending on the environment in which it is deployed. The presence of mini-grids also raises issues of social and territorial equity of access to essential services. A territorialized approach to mini-grids, therefore, furthers our understanding of the complex energy changes at work in cities of the Global South. [ABSTRACT FROM AUTHOR]

The present paper seeks to study the evolving policy paradigm of Indian outward foreign Investment, especially from the year 2000 till the present. Indian overseas investment has gone through a multitude of overhauls since the liberalization and globalization era of the 1990s.. The study, while highlighting the changing sectoral and geographical composition of Indian OFDI from 2000-2021, underpins the pivotal role played by the Indian Government in fostering gradual but steady policy reforms for calibrating the suitable ecosystem for overseas investment by Indian MNCs. The paper’s findings suggest that developed nations are preferred over developing ones owing to the desire of acquiring strategic assets while the service sector grabs the larger share over the manufacturing sector with respect to cross-border OFDI deals from India. The research suggests further liberalization of services like communication, education and personal services to augment the contribution of the service sector in India's OFDI. [ABSTRACT FROM AUTHOR]

Foreign Direct Investment plays a very vital role in the development of the nation. Domestic capital is inadequate for the purpose of overall development of the country. Foreign capital is the way by which we can fill the gaps between saving and investment of domestic economy. In present scenario, Indian Economy is one of the most emerging economies of the world today. In the last two decades world has been extensive inflow of FDI into developing countries. Many developing countries are in competition with each other to attract FDI. Since 2014, India has emerged as of the top foreign destination in the world with a significant rise in FDI. Foreign Investment in India started back in 1991 after implementation of New Economic Policy. During 2000s, there is a big rise in Foreign Direct Investment in India. This paper focuses on secondary data based Sectoral Analysis of the inflow of FDI in India during 2000 to 2019. This paper also focuses on FDI policy framework, country-wise, equity wise FDI inflow in India. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to contribute to the existing literature on financial risk disclosure by examining a sample of non-financial Indian companies listed on the Bombay stock exchange (BSE) to explore the degree of information about financial risks contained in their annual reports. Design/methodology/approach: To study the financial risk disclosure of Indian companies, a sample of 206 non-financial companies has been derived from the top 500 listed companies at BSE. The method used in this study to analyze risk disclosure is content analysis. A total of 1,854 annual reports are scanned through software Nvivo-12 to find different types of risk words. Overall, risk disclosure, category wise risk disclosure, year-wise risk disclosure and sector-wise risk disclosure are assessed. The risk disclosure index is also computed. Findings: The results show that there are some risk disclosure practices in Indian companies. No general pattern is observed. Companies are following vague method of risk disclosure. In the true sense, Indian companies are now started risk disclosure practices since 2018. This may be because of pressure from regulating bodies and stakeholders with greater detail about their financial risks. Originality/value: This study is carried out for Indian non-financial companies. The paper adds to the literature relating to financial risk disclosure in developing countries. [ABSTRACT FROM AUTHOR]

Childhood and time constitute key sites of regulation for nationalist authoritarian regimes. However, the influence of time on contemporary nationalist discourses of childhood located in the Global South remains an underresearched area. This paper critically analyzes two spectacles involving Hindu nationalist Indian Prime Minister Narendra Modi and secondary school students on the occasions of Teachers Day 2014 and 2015. Temporal language, markers, and symbols rooted in discourses of colonialism/Orientalism, Brahminical Hinduism, and capitalist development are deconstructed to show how nationalist constructions of childhood can penetrate deep into the everyday lives of particular children who are deemed worthy to serve their nation. The paper concludes by highlighting specific ways in which time and temporality are weaponized to reproduce and legitimize a social hierarchy of childhoods that is necessary to sustain Hindu ethno-religious nationalism. [ABSTRACT FROM AUTHOR]

Rapid growth in dairy consumption and food scandals in India in the 2000s increased awareness of food safety issues among consumers and policymakers. This led to the introduction of new standards. However, there is li ttle information about how they affected farm-level activities and whether value chains played any role. Our paper addresses these questions using a two-round panel survey of dairy farms in Punjab and Andhra Pradesh. We find significant improvements in adoption of farm-level hygienic practices, especially in Punjab. Value chain innovations do not play a significant role in stimulating safety and quality improvements among dairy smallholders in India. [ABSTRACT FROM AUTHOR]

Purpose: The aim of this research is to assess the key enablers of Industry 4.0 (I4.0) in the context of the Indian automobile industry. It is done to apprehend their comparative effect on executing I4.0 concepts and technology in manufacturing industries, in a developing country context. The progression to I4.0 grants the opportunity for manufacturers to harness the benefits of this industry generation. Design/methodology/approach: The literature related to I4.0 has been reviewed for the identification of key enablers of I4.0. The enablers were further verified by academic professionals. Additionally, key executive insights had been revealed by using interpretive structural modelling (ISM) model for the vital enablers unique to the Indian scenario. The authors have also applied MICMAC analysis to group the enablers of I4.0. Findings: The analysis of this study's data from respondents using ISM provided us with seven levels of enabler framework. This study adds to the existing literature on I4.0 enablers and findings highlight the specificities of the territories in India context. The results show that top management is the major enabler to I4.0 implementation. Infact, it occupies the 7th layer of the ISM framework. Subsequently, government policies enable substantial support to develop smart factories in India. Practical implications: The findings of this work provide implementers of I4.0 in the automobile industry in the form of a robust framework. This framework can be followed by the automobile sector in enhancing their competency in the competitive market and ultimately provide a positive outcome for the Indian economic development led by these businesses. Furthermore, this work will guide decision-makers in enabling strategic integration of I4.0, opening doors for the development of new business opportunities as well. Originality/value: The study proposes a framework for Indian automobile industries. The automobile sector was chosen for this study as it covers a large percentage of the market share of the manufacturing industry in India. The existing literature does not address the broader picture of I4.0 and most papers do not provide validation of the data collected. This study thus addresses this research gap. [ABSTRACT FROM AUTHOR]

Sex work can offer a quick way of making money and is the only profession in which women may earn more in fewer hours when compared to other available jobs. However, most studies with sex workers in India are based on socially biased assumptions about sex work; that is, women are either coerced or trafficked into sex work. Limited attention has been paid to the voices of non-brothel-based sex workers in India. Drawing data from a larger ethnographic study conducted between December 2009 and July 2010, this paper analyses how women sex workers operating from non-brothel-based sex work settings in Kolkata, India, foresee their future. Unlike the popular 'victim imagery' of women sex workers in the Global South, this study found that women are not passive recipients of the trade; instead, they employ agency - sometimes transgressing the normative boundaries and at times reinscribing these boundaries to secure a future for themselves and their families. Therefore, to promote HIV preventive behaviour programmes reaching out to sex workers, non-governmental organisations (NGOs) must proactively inquire about women's future plans and assist them in materialising their future goals, which are mostly concerned with their children's future, a life free of stigma/shame, and financial security in old age. [ABSTRACT FROM AUTHOR]

Purpose The purpose of this paper is to study the effectiveness of insider trading enforcement actions in India and international dimensions.Design/methodology/approach The research is based on the insider trading regulations and amendments made during the period 1992-2015.Findings The notable observation of the study is the dearth of insider trading conviction and the paucity of prosecution for insider trading offences in India. It is difficult to resist the conclusion that surveillance and enforcement matter more than the drafting of the relevant statutes and regulations in emerging markets. Whereas, developed countries have a better record of prosecution than emerging markets.Research limitations/implications Future research may explore the factors that hinder effective regulation and recommend new methods to increase the impact of Securities and Exchange Board of India insider trading regulation.Originality/value The current paper presents guidance for the foreign institutional investors, regulators and market participants on insider trading regulation and prosecution in India. [ABSTRACT FROM AUTHOR]

This paper aims to analyse the state-wise impact of literacy rates on the financial literacy rates in India. The OECD defines financial education as, "the process by which financial consumers/investors improve their understanding of financial products, concepts and risks and, through information, instruction and/or objective advice, develop the skills and confidence to become more aware of financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being." Financial literacy has been gaining popularity more rapidly than ever in the recent past, amid both developing and developed countries alike. The objective of this paper is to the relationship between literacy rates on the financial literacy rates in India. The methodology employed is a statistical analysis of secondary data collected. The findings show that there exists a positive relationship between literacy levels and financial literacy levels. It is not a particularly strong relationship, though statistically significant. The paper concludes with recommendations and suggestions that could help improve financial literacy rates in India. [ABSTRACT FROM AUTHOR]

There can be no second thoughts pertaining to the importance of international trade for any given country of the world. Thus, India as a developing country can be no exception to this universal truth. It is not possible to bring out the facts regarding first time when India engaged in trade with some nation, but it traded with different nations in the times when some of the countries were still groping in darkness to find means of livelihood for their folks. India traded with almost every nation and dealt in the products of rare quality and rarest origin. In modern times, India also has trade relations with many nations and deals in a number of commodities. This paper is an attempt to focus on different items of trade that India exports and imports and the nations with which it undertakes that trade. [ABSTRACT FROM AUTHOR]

• Financial barrier is an encumbrance for eco-investment for firms. • The linkage between environmental behavior and credit accessibility is driven by the ownership structure. • The paper also investigates the relationship between credit access and corporate environmental behavior according to the pollution intensity of firms. Firms play a major role in facilitating green growth in developing nations by promoting environmental protection investment to control pollution caused during the manufacturing process. The paper explores whether the financial vulnerability of firms curbs their investment towards environmental practices that eliminate the creation of wastes or pollutants and hence acts as a deterrent towards green economy. Using firm-level data for manufacturing firms from 2010 to 2019, it is confirmed that financial barrier is an encumbrance for eco-investment by firms. We also focus on the environmental behavior of firms classified according to their ownership structure observing that government-owned firms (GOFs) tend to rely less on their internal and debt capital to finance their environmental investment, whereas private-owned firms (POFs) rely mainly on their internal capital. However, internal financing methods have generally no significant impact on the eco-investment decision of foreign-owned firms (FOFs). [ABSTRACT FROM AUTHOR]

Is it in the interest of a developing country to promote strong local linkages for domestic industries or to participate in global value chains (GVCs) wherein linkages are globally dispersed? This paper informs this debate by empirically analyzing which one of these strategies would result in higher levels of domestic value added (DVA) and employment in India. Using a unique panel data on DVA and jobs tied to Indian exports from 112 sectors for the period 1999–2000 to 2012–2013, we show that greater backward GVC participation—use of imported inputs to produce for exports—leads to higher absolute levels of gross exports, DVA and employment. This result implies that labor abundant countries can reap dividends by adopting policies aimed at strengthening their backward participation in GVCs. Our findings are robust to various estimation techniques and instrumental variable approaches to address potential endogeneity concerns. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this case study is to investigate the role of a governmental social audit (SA) practice in enabling emancipation, and changing patterns in the balance of power, position and understandings between dominant micro actors and disenfranchised rural citizens. Design/methodology/approach: Enlisting Bourdieu's practice theory concepts of field, habitus, capitals and symbolic violence, the case study is informed by semi-structured interviews at central, state, district, block and village levels as well field observations and secondary data. This study is a part of a larger critical accounting research project conducted in India over four months, covering eight annual implementation cycles. Findings: The study demonstrates that despite entrenched hegemonic micro forces and public sector corruption, SA's accounting and accountability practices have altered the rules of the game in this field. This emancipatory perspective has redefined deep-seated, generational patterns of power relations and domination, impacting the distribution of capitals and habitus in the daily life of rural citizens. Research limitations/implications: This study provides an alternative perspective to understanding governmental SA formats in developing nation contexts at the micro level. In line with Celerier and Botey's (2015) focus on inclusionary and democratic participation, this study challenges the dominant perspective of accounting as strengthening power asymmetries and focuses on its potential as an emancipatory agent. Originality/value: The paper provides a site of effective implementation of a participative accountability practice in developing nation contexts that offer suggestions to states, countries and policy-makers. This paper also adds to critical accounting literature in the field of SA and social services at a micro level. Drawing upon Bourdieu in this underexplored field, it shines a light on relational elements of change through accounting and accountability practices for researchers and practitioners. [ABSTRACT FROM AUTHOR]

Countries must develop their capacity to credibly revise their nationally determined contributions (NDCs) proportionate to the global climate goal. This paper argues that long-lasting capacity is necessarily embedded in the institutions governing cooperation between state and non-state actors. This institutional capacity for cooperation is determined by the two interactive processes of conception and calibration, where the state plays a definitive role in mediating between competing interests. In conception, the state uses its discretionary power to set the long-term vision, whereas during calibration it exercises flexibility to accommodate concerns and capacity of other actors. We conclude that proportionality of policy response is better understood, and achieved, through the convergence of both these processes. Drawing on climate policy experiences of India and South Africa, we recommend that successful implementation and enhancement of NDCs would require a greater emphasis on capacity building for calibration in developing countries. [ABSTRACT FROM AUTHOR]

This paper sets out some findings of a research project carried out in private unaided schools in low-income areas of Hyderabad, India. The part of the research project documented here was designed to examine the question: ‘Is the regulatory regime conducive to entrepreneurial action and market discovery’ with particular reference to the low-income schools in Hyderabad. This paper is narrowly focused, setting out the results of pattern matching empirical data with the Austrian economic concepts of entrepreneurship, rivalry, and market discovery. The research discovered that two regulatory regimes exist, one that is set out ‘on paper’ in the Education Acts and associated rules, and another that operates ‘in practice’. That is, there is a combination of regulations ‘on paper’ and regulations existing in an ‘extra-legal’ sector. Generally it was found that the regulations ‘in practice’ are consistent with market principles. Conversely the regulations set out ‘on paper’ are not conducive to entrepreneurial innovation and market discovery. Recommendations for potential policy initiatives include the possibility of legitimising the ‘extra-legal’ sector by introducing self-regulation possibly via self-evaluation systems for the private unaided schools. [ABSTRACT FROM AUTHOR]

Artificial intelligence is being reconfigured as a set of technologies that can address poverty with precision. The impacts of AI will both exacerbate and ameliorate the conditions of uneven development. Recent debates focus on the disruptive effects of AI, particularly to replication of development trajectories that have had success in reducing poverty. In this paper we further these debates by analysing the backroads of AI. The backroads serve as a metaphor for understanding the ways AI will travel from the sites of incubation to the frontlines of uneven development. We explore dialogues between AI and development in two arenas: the World Bank's Development Impact Evaluation initiative (DIME) and the Government of India's national AI strategy, #AIforAll. We argue that both these arenas serve as hubs from which AI will travel out along the backroads to remote, poor, and fragmented polities. While the World Bank utilises AI as technology to empower experts and mobilise a techno‐political authority, what we refer to as precision AI, India seeks to function as a second‐tier AI hub, making AI cheaper and more accessible domestically and for other developing countries, what we refer to as populist AI. We conclude by discussing the interrelations of precision and populist AI along the backroads, and the potential of backroads research for mapping AI, uneven geographies of development and technology and the impacts of AI's disruptions at different scales. Artificial intelligence is being reconfigured as a set of technologies that can address poverty with precision. We further these debates by analysing the backroads of AI in two arenas: the World Bank's Development Impact Evaluation initiative (DIME) and the Government of India's national AI strategy #AIforAll. While the World Bank utilises AI as technology to empower experts and mobilise a techno‐political authority, what we refer to as precision AI, India seeks to function as a second‐tier AI hub, making AI cheaper and more accessible domestically and for other developing countries, what we refer to as populist AI. [ABSTRACT FROM AUTHOR]

Over the last decade India and Brazil implemented waste policy reforms to tackle the constraints of their waste management. This study compares those reforms using the methodological framework proposed by Wilson where waste policy evolves through a series of subsequent stages, depending on two aspects: local circumstances; and stakeholders' groups. The current research is exploratory in its scope, adopting this method to describe, compare and evaluate both Indian and Brazilian cases, and also verifying how the model performs when applied to developing countries. The paper confirms Wilson's conclusions, and adds a perception that in developing economies a special local circumstance is to be considered the point of departure, that is, the particular starting point of Wilson's evolution. In addition, the research concludes that participation of diverse stakeholder groups throughout the political process is fundamental, and could be key to overcoming the risks of policy setbacks. [ABSTRACT FROM AUTHOR]

This paper intends to explore local-specific sustainability facets of pro-poor tourism initiated in India's Protected Area (PA). Mixed methodology, i.e., interview and structured questionnaire adopted for data collection and followed by the factor analysis for testing hypothesis. The result indicates that the sustainability facets of pro-poor tourism have five distinct facets: monetary, environmental, societal, cultural heritage, and governance. The study assumes significance in the pro-poor approach in tourism development for addressing various Sustainable Development Goals and in understating the ground-level reality of sustainability in the context of tourism-led development in developing countries. It also throws light on setting standards for approach-based tourism programs that cater to various segments of society and the environment. [ABSTRACT FROM AUTHOR]

Mobile banking is a service innovation in the banking industry. Extant research has demonstrated that the goal of any service innovation is to create value for stakeholders including consumers. Despite the consensus that information and communication technologies (ICTs) can be leveraged to deliver financial services to the poor, few studies have examined the process through which mobile banking service providers create value for consumers. Building on concepts from service‐dominant logic and service science, this paper posits that the delivery of such mobile banking services requires a repertoire of information and communication technology (ICT) as well as non‐ICT resources. Specifically, Cashpor a mobile banking service provider, that provides mobile banking financial services to rural females is examined. The research traces the implementation of key service innovations by configurations of three resources—people, technology, and information, and three mechanisms—knowledge integration, technology integration, and governance—through which value‐creating benefits of social, financial, and psychological benefits are achieved. [ABSTRACT FROM AUTHOR]

In recent years, community health governance structures have been established in many low and middle-income countries (LMICs) as part of decentralization policies aimed at strengthening primary healthcare systems. So far, most studies on these local structures either focus on measuring their impact on health outcome or on identifying the factors that affect their performance. In this paper we offer an alternative contribution that draws on a sociological interpretation of community health governance to improve understanding of how the government's policy vision and instrumentation translate to interactions that take place within local spaces at field level. We study 13 Village Health Sanitation and Nutrition Committees (VHSNCs) in Karnataka, India, from 2016 to 2018 focusing on sanitation, nutrition and hygiene which remain impediments to improving primary healthcare amongst poor and marginalized communities. Three local governance mechanisms of horizontal coordination, demand for accountability and self-help help to explain improvements that have taken place at village level and contribute to the creation of a new theory of community health governance as evolving phenomenon that requires a constant process of learning from the field to strengthen policymaking. [ABSTRACT FROM AUTHOR]

Nutrition-sensitive agriculture (NSA) has emerged as a major development paradigm that works to diversify crops and diets throughout the Global South in order to improve nutritional outcomes. Drawing on a conceptual framework from political ecologies of health that looks at political economic factors, social discourse, and embodied, material experiences of food, I analyze qualitative and ethnographic data from an integrated NSA intervention in Madhya Pradesh and Jharkhand, India. The analysis shows that while embodied experiences of differing rice varieties (either indigenous or improved) were central to research participants' conceptions of bodily health, mainstream NSA metrics had trouble 'seeing' these relations in meaningful ways. Moreover, although material experiences of rice cultivation and consumption anchored participants' rice preferences, structural economic realities along with notions of social identity were always interwoven. Yet, while villagers expressed divergent perceptions around how the different rice cultivars shaped their bodily health, agricultural officers tended to view rice experiences as a product of culture, rather than as material and socio-ecological food-body interactions. In sum, this paper argues more deeply engaging with the political economic, socially symbolic, and embodied ways that communities relate to food production and consumption would allow NSA research to develop more grounded and inclusive understandings of agriculture-nutrition linkages. [ABSTRACT FROM AUTHOR]

In instances where the "youth bulge" in developing nations is aggravating the unemployment crisis and contributing to a detrimental cycle of events, inclusive growth (IG) has emerged as a cutting-edge development model. The academic interest in inclusive growth and unemployment-related research is plentiful, but the exclusive search into youth employment for inclusive growth is sparse. Based on a conceptual framework that offers an overview of the topic, this paper examines studies on youth unemployment concerning inclusive growth. It specifically explores the concept of inclusive growth, the financial and socio-psychological aspects of youth unemployment, and ways of tackling unemployment, such as youth entrepreneurship and skill development in pursuit of inclusive growth. By addressing these challenges, the assessment reveals ways to achieve SDGs such as SDG 8 (decent work and economic growth) and SDG 10 (reduced disparities). The relevant literature was extracted using qualitative content analysis and recursive content abstraction approaches. The study adds to the multidisciplinary literature on youth studies, entrepreneurship, and development economics. This study summarises the current level of knowledge on these topics, identifies research gaps, and offers interesting future research directions that will benefit academics and practitioners. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this study is to understand the specific reasons why developed countries could easily start implementing innovative alternative fuel vehicles (e.g. electric vehicles or EVs) while the implementation in developing countries looks so far-fetched, with respect to infrastructure and downstream activities, and suggest the steps that can be taken to effectively address these issues. Design/methodology/approach: This research undertakes case study – Tesla (USA), Mahindra and Mahindra (India) and Tata Motors to bring out the problems being faced by manufacturers from developing countries vis-a-vis the developed countries. The consumers' side has been adequately represented though an in-depth survey. An analysis is also carried out as to how Tesla has accrued competitive leverage by innovating and vertical integration of up as well as downstream systems. Findings: EV infrastructure remains grossly inadequate in developing countries like India. Two key areas that remain significantly unexplored are the installation of charging stations at parking lots and at the housing clusters and lack of competitive leverage in the services, processes and other downstream systems due to limited research and development capabilities. The performance metrics of domestic EVs lag those of conventional vehicles as well as foreign competitors like Tesla. Range anxiety is ranked as number one in the major concerns among the potential mass buyers of electric vehicles in India. Originality/value: The value of the paper lies in an in-depth analysis of the relationship between horizontal and vertical perspectives as well as the impact of the product eco-system innovation on both the upstream as well as downstream nodes in the supply chain. Whereas the consumer attitudes and perspectives on e-mobility are inferred from a survey, the impact analysis matrix is used for analyzing the competitive leverage of Tesla through several features in the upstream, downstream and servitization. [ABSTRACT FROM AUTHOR]

A paradigm shift towards IPR policy and technology commercialization have been observed in India, during the post‐World Trade Organization (WTO) regime. Protecting innovative agricultural technologies through IPR and technology commercialization are of utmost significance to enhance country's public research enterprise, promote economic development and national competitiveness. This has impacted the innovations in a positive direction in these areas. The present article reviews in‐depth process of IPR management and technology commercialization attempted by the Indian Council of Agricultural Research (ICAR)—Vivekananda Parvatiya Krishi Anusandhan Sansthan (VPKAS). Earlier, ICAR established a three‐tier model for technology management and transfer namely, central, zonal, and institute level committees/units. Of late, Agrinnovate India Limited (AgIn), which works to meet with world‐wide commercial success of the invented technologies, have come in to facilitate the commercialization process and thus a renewed three‐tier model is in place now. The paper also presents a case study of ICAR‐VPKAS, highlighting the unique experiences, lessons learnt and evolution in managing IP and process of technology commercialization. This is purposely drawn as an early example in managing IP and commercializing the argicultural technologies, despite the challenges faced by the institute due to its remoteness, difficult accessibility and hilly location. These together, may catalyze similar efforts throughout the developing countries to promote innovation and global competitiveness. [ABSTRACT FROM AUTHOR]

This paper highlights the organic link that exists between the corporate social responsibility (CSR) activities undertaken by the Indian corporate sector and their alignment with the Sustainable Development Goals (SDGs) from 2014–2016; the period after mandatory CSR came into existence as per Indian Companies Act. In this study, we identify critical areas pertaining to SDG goals neglected by corporate sector as far as CSR investments are concerned. We find that more  CSR investments must be drawn towards climate change, biodiversity, Sustainable consumption and production, marine life and conserving flora and fauna. The sectoral analysis reveals that the companies falling under sectors that have a higher environmental footprint and impact are more concerned about taking up initiatives through CSR. The geographic analysis revealed that efforts need to be made to increase CSR expenditure in seven north‐eastern states, Jammu and Kashmir, and Union Territories. This paper recommends that the system needs to be further reviewed in light of the current observations. [ABSTRACT FROM AUTHOR]

The current discourse on urbanization calls for new approaches to capture the peculiarities of growth in the global South. This paper takes the National Capital Territory of Delhi as a case study and adopts a mix of methods (field survey, ordinary least squares regression and geographically weighted regression) to highlight the emerging gradient of urbanization within official rural areas. The results show a certain catching-up effect in which the settlements with low population and employment rate grow faster than more urbanized settlements. Settlements with low basic infrastructure provision (such as schools and medical facilities), which are mainly census towns, tend to grow more slowly than villages with better infrastructure provision. Additionally, local characteristics of growth vary spatially depending on the distribution of socio-economic, demographic, and infrastructure variables. To avoid the unplanned transformation of villages into urban areas in Delhi and similar regions of the global South, this paper recommends moving from master planning towards strategic spatial planning, implementing integrated planning and governance of non-municipal peri-urban areas, and reforming spatial plans and development policies based on scientific methods. [ABSTRACT FROM AUTHOR]

Purpose: Growth in a number of the supply chain (SC) disruptions threatens the enterprises globally. Earlier studies and reports say that many organizations go out of businesses within two or three years after they experience a major disruption. Therefore, companies in today's volatile business arena need to possess the necessary resilience level to combat supply china disruptions. This is even more important for organizations of developing nations, which are constantly struggling to gain the advantages of globalization and to grab the new opportunities. Thus, this paper aims to help organizations understand their SC resilience level through a framework. Design/methodology/approach: The methodology comprises integrated Delphi – fuzzy logic approach in identifying formative elements of SC resilience from a diverse resilience related body of knowledge and distinguish key obstacles of SC resilience based on their performance level. Findings: Findings reveal that SC flexibility components such as sourcing, manufacturing and logistic flexibility are the major contributors of SC resilience index of case organization. Similarly, lack of risk management culture, inter-organizational relationships, information sharing and integration of SC stakeholders are the major inhibitors of resilience. Thus, the organization needs to overcome these identified obstacles to enhance their SC resilience level. Practical implications: Present study offers a novel focus of research on SC resilience measurement that is significant for understanding the level of immunity enterprises possess to unanticipated SC interruptions, and the ability to bounce back after an unforeseen event. Originality/value: This paper proposes an integrated Delphi – fuzzy logic framework for measuring SC resilience. In doing so, the study identifies key potential inhibitors of SC resilience of the case company under study. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to report three main findings. First, the paper reports why local organizations in developing countries would demand self-initiated expatriates (SIEs); second, the paper reports why SIEs accept employment with such organizations; and third, the paper reports the factors that seem to govern the role allocation to SIEs. Design/methodology/approach: The authors used semi-structured interviews to elicit and collect data. The authors followed the procedures of grounded theory for data analysis. Findings: Local organizations in developing countries seem increasingly willing to employ SIEs. Emergence of hitherto nonexistent businesses, rapid expansion, global ambition and organizational maturity seem to drive the demand for SIEs. Industrial decline elsewhere, attractiveness of emerging economies, challenging role, prior experience within similar countries and non-working spouse are factors that enable the SIEs' acceptance of employment with such organizations. Required boundary spanning and repatriation status determine the role allocation for SIEs. Research limitations/implications: The findings may be idiosyncratic as they result from a qualitative research design. External validity could, therefore, be low. Practical implications: Managers can benefit by comprehending the factors motivating SIEs to work for local organizations in developing countries. SIEs can benefit by understanding why such organizations need them, and the roles they are likely to get therein. Originality/value: Unlike the typical SIEs studied in literature, the authors theorize about SIEs who move from developed countries to work in developing countries and occupy senior positions. Additionally, unlike a typical SIE study, the authors gathered the perspectives of both SIEs and organizations. Lastly, the paper is about an emerging trend: SIEs' employment in the local organizations of developing countries. [ABSTRACT FROM AUTHOR]

Contrary to the theoretical predictions of most studies, this paper empirically shows that high‐skilled workers in India are sorted into industries with weaker production linkages. I hypothesize that such a reverse sorting pattern (negative sorting) occurs because the returns to skill become lower in industries with stronger production linkages as a result of substantial quality deterioration. Such substantial quality deterioration as the size of production linkages grows is likely to occur in developing countries such as India, which is characterized by a large pool of low‐skilled labor, poor infrastructure, and less‐advanced technology. Using both individual‐ and industry‐level data from the National Sample Surveys and input–output tables for India in 1999 and 2009, I find consistent evidence in favor of this hypothesized mechanism. The results are robust when accounting for possible endogeneity and selection biases and controlling for alternative reasons. [ABSTRACT FROM AUTHOR]

The climate change arena comprises a diverse set of interacting actors from international, national and local levels. The multilevel architecture has implications for low-carbon technology deployment in developing countries, an issue salient to both development and climate objectives. The paper examines this theme through two inter-related questions: how do (or don't) low-carbon technologies get deployed in India's built environment, and what implications can be drawn from the Indian case for effective low-carbon technology development and transfer for developing countries? By examining the multilevel linkages in India's buildings sector, the paper shows how the interactions between governance levels can both support and hinder technology deployment, ultimately leading to inadequate outcomes. The potential of these linkages is hobbled by aspects of the national context (federated energy governance and developing-country capacity limitations), yet can also be enabled by other features (the climate policy context, which may motivate international actors to fill domestic capacity lacunae). Reflecting on the India case, the paper makes recommendations for improved low-carbon technology deployment in developing countries: (1) technology development and transfer collaboration on a 'need-driven' approach, (2) development of the specific types of capacity required across the entire innovation chain and (3) domestic strengthening of the coordination and agendas across and between governance levels. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment [ABSTRACT FROM AUTHOR]