From silicon valley to silicon savannah: Conceptualizing tech hubs in Sub-Saharan Africa

The International Journal of Entrepreneurship and Innovation, Ahead of Print.
Tech hubs (THs) and cognate structures are nowadays ubiquitous in the innovation ecosystem of Sub-Saharan African (SSA) countries. However, the concept of THs is fuzzy due to the lack of a clear and universally accepted definition. This ambiguity is further compounded by the diverse range of organizations that self-identify as hubs, or are categorized as such by others. As a result, research on THs in SSA remained limited. Against the backdrop of established research on the interconnectedness of technology, innovation and entrepreneurship in different organizational forms, this paper is meant to provide fresh insights into the study of THs in SSA. To advance future research, first, it reveals what is special about THs in SSA and how they are related to existing concepts. I particularly argue that they contour a fourth-wave model of incubation. Second, four main categories are unfolded to delineate THs in SSA which is the cornerstone for future research.

Critical analysis of integration of ICT and data analytics into the accounting curriculum: A multidimensional perspective

Abstract

Undertaking a multistage qualitative approach, this study explores the accounting profession's demands for information communication technology (ICT) skills as well as the opportunities, challenges and influential factors that accounting academics encounter in embedding ICT and data analytics skills in the accounting curriculum. We employ content analysis of the course syllabi of all major Australian and New Zealand universities using term frequency-inverse document frequency (TF-IDF), and survey accounting heads of departments (or equivalents) and interview members of the industry. Our findings reveal diverse pedagogical approaches to embedding ICT and data analytics in the accounting curriculum. The findings also portray the gap between university accounting curricula and the professional bodies' ICT competencies requirements at the point of data collection. As such, challenges and future opportunities for the integration of topics related to ICT and data analytics are identified, which should be beneficial to academics and practitioners interested in future-oriented curriculum designs that are fundamental to accounting graduates and the future of the profession.

How firms respond to external valuation: Evidence from the monitoring role of media

Abstract

This study explores how media evaluations affect corporate capital investments. I show that media evaluations of firms affect corporate capital investments via the reputation mechanism, that is, a more negative media evaluation of the firm will motivate managers to give up inefficient investments. Meanwhile, a higher quantity of news underlying news evaluation and good firm performance strengthen the positive effect of media evaluation on corporate investments, whereas a higher level of divergence of news evaluation weakens the positive effect of media evaluation on corporate investments.

Asset redeployability and CEO inside debt

Abstract

Using a large sample of US firms for the period 2006–2015, we investigate the relationship between asset redeployability (AR) and a Chief Executive Officer's (CEO) inside debt holdings (CID) (pension benefits and deferred compensation). We find a positive association between AR and CID. In addition, we also find that this relationship is stronger in firms that are more financially constrained and during times of economic uncertainty. Collectively, these findings suggest that asset market frictions captured by AR are better determinants of liquidation value than asset tangibility. Our results are robust to an array of sensitivity/robustness tests and endogeneity concerns.

Board interlocks, career prospects and corporate social responsibility

Abstract

This paper investigates how director career concerns affect the relation between board interlocks and corporate social responsibility (CSR). We first document that firms with central or well-connected boards of directors tend to invest more in CSR. We then show that the positive relation between board connectedness and CSR is significantly more pronounced for firms whose directors' future careers would benefit more from CSR, such as those with better corporate governance, firms with larger investments in research and development or firms with high product market threats. Our findings suggest that director career concerns play an important role in the board of directors' decision on CSR investments.