Since its initial inception, cryptocurrency has hit the world with both intrigue and skepticism. It was acting as an alternative form of currency that people could use that required no regulative authority to back it. As such, people had the option to make purchases in anonymous manners, leading to what most would consider unethical behaviours, and ultimately resulted in cryptocurrency gaining a poor reputation. However, specific trends in society have helped cryptocurrency growth to continue. A societal loss of trust in the traditional banking system and the positive perception towards the blockchain technology, which is a peer-to-peer system that cryptocurrencies, such as Bitcoin, operate on are two such trends. Furthermore, recent years have witnessed exponential increases in the prices of cryptocurrencies, such as Bitcoin. This has led to widespread stories of people getting rich through cryptocurrency ownership, having been “wise-enough” to buy in on the cryptocurrency trend early enough to reap in the rewards of such as decision. And as a result, leading to more people wanting to be the next big success story and buying in on the cryptocurrency trend. This growing trend has also gained the attention of several multi-national companies, such as Expedia, Subway and Microsoft, who have begun accepting cryptocurrency as a form of payment. Even though specific cases have seen this strategy implemented successfully, the volatility of cryptocurrency still poses a risk that has hindered the ability of cryptocurrency to become a widespread payment option.   Given the current trend surrounding cryptocurrency, this thesis serves the purpose is to investigate another alternative option for cryptocurrency use. That option being the potential for cryptocurrency to be used as an alternative payment option in the online gambling industry. Where it has been used as a payment option in other areas, it would be interesting to identify whether there is potential for the cryptocurrency to be adopted and used in this particular industry as well. In order to investigate this phenomenon from both the consumer and industry point-of-views, this thesis used a mixed-methods study, which consisted of a qualitative study and quantitative study. Our qualitative study focused on the industry side of the phenomena. To carry it out, we conducted a series of semi-structured interviews with managers of a large online gambling company in order to gain deeper knowledge on their perspectives regarding their perceptions towards how cryptocurrency adoption would affect the online gambling industry. Based on the information gained from the interviews, specific themes were identified and further analyzed through a thematic analysis. Those themes included blockchain in online gambling, holding cryptocurrency, regulation and the reputation of cryptocurrency. Our results indicated that managers did not believe the industry was ready to adopt cryptocurrency due to specific regulatory factors, but that it had future potential, mainly regarding its association to blockchain. Our quantitative study focused on interpreting the perceptions of online gamblers regarding cryptocurrency use in online gambling. Specifically, identifying what would motivate them to use cryptocurrency in online gambling and if they were willing to accept it as a payment option. Based on the results obtained through a survey we distributed, we used linear regression to identify if online gamblers were willing to accept cryptocurrency. The resulting outcome was a moderate level of rejection towards cryptocurrency acceptance. The linear regression model also allowed us to interpret which predictor variables held the greatest level of importance towards predicting cryptocurrency acceptance. Those specific variables included cryptocurrency anonymity, usability, ownership, and belief in the future of cryptocurrency.   When comparing the results from both studies through triangulation, we were able to conclude that both consumers and the industry were not ready to fully accept cryptocurrency usage in online gambling. However, both sides indicated positive outlooks towards its future potential as a payment method.

Today society is facing numerous challenges associated with energy management system. The centralized power generation system is depending on the fossil fuels to generate energy which is harmful to the environment, and it is unable to fulfill the rising demand for electricity. The decentralized power generation system could easily be integrated with renewable energy sources which could satisfy the growing demand for electricity without damaging the environment. This thesis explores the proper energy distribution system (smart grid) which could be fully equipped with the digitalized technology and be integrated with renewable energy sources and decentralized system. Peer-reviewed articles and government reports have been reviewed in order to get the impact of digitalized technology on overall energy management system, as well as the smart grid services commercialized through the business models. The result shows that the cost of transmission lines is reduced by using decentralized power generation system which helps to provide clean energy at low price to the end consumers. Furthermore, the thesis claims that smart grid is a disruptive technology which encourages energy producers and distributors to adopt a rapid change in the energy market along with changing their business model.  Finally, it has been explored that smart grid could provide three services, such as demand response, integration of renewable energy, and grid to vehicle services. These services could successfully be commercialized through business model innovation which enables energy providing and distributing firms to create and capture value regarding profit. / <p>Thanks for the great support who were involved in the completion of this project.</p>

Several industries have been affected by digitalization over the last decade. Currently the world of printed media is experiencing numerous turbulent changes. Printed newspapers are increasing their presence online and starting to compete in digital channels. This makes for an interesting area of research. With this study we hope to create a greater understanding for how the newspaper industry is affected by digital technology. The theoretical framework of this study is based upon Christensen’s (2005) concept of disruptive technology as well as Yoo &amp; Lyytinen et al. (2010) theories on digitalization and digital innovation. We conducted a case study at the local newspaper Alpha News. Five semi- structured interviews were performed with different employees with various distinct roles; all of them important to obtain an insight into the changes occurring at Alpha News. In our study we are able to identify several aspects of changes due to digitalization within Alpha News. The printed newspaper, for instance, faces a steady decline in subscription rates due to the readers increased reliance on digital alternatives for local news. Other shown effects of the digitalized business where also revealed. The pace of change, the use of technological aids, as well as the reader-relationship, all act as examples of these shown effects.

Abstract Today's turbulent business environment, which is characterised by uncertainty and inability to predict the future, is extremely challenging. Mobile and Internet Protocol (IP) convergence, which brings together technologies and services from the mobile and Internet domains, has been identified as a discontinuity in the mobile telecommunications business. Additionally, new disruptive technologies are introduced together with new, complex products. This research addresses the approach that, along with introducing disruptive technologies in the mobile and IP convergence era, a new operational mode is needed in the new product development (NPD) process. This study approaches the operational mode from five perspectives: business environment, competence development, process renewal, running technology pilots, and product reliability. The research on the business environment area proposes two frameworks: one for building and describing and another for evaluating business models. The study on competence development arrives at the conclusion to propose a project management competence development framework. The third research perspective suggests that, when the business environment is changing, and disruptive technologies and continuous innovations create new kinds of products, it is likely that processes need renewal. Running technology pilots to involve customers early enough in new product development is proposed in the fourth research area. Finally, the fifth research topic proposes that it is essential for companies to be able to estimate the reliability of their products during the product development phase. It is concluded that the new operational mode when introducing disruptive technologies requires reconsidering business models, special attention to competence development, process renewal, customer involvement in new product development, and requires a means to guarantee software reliability.

An insufficient financial market means that poor individuals cannot access financial capital, making it difficult for them to generate a stable income. Formal banks see these individuals as unreliable customers because of their financial background and see a risk that these potential customers will not repay their loans, which would put the bank at risk. Banks usually use the borrower’s assets as collateral for their loans. Unfortunately, not many of these poor people have any assets. Microloans can solve these problems by opening up the opportunity for financial capital that enables poor people to make the investments needed to create or develop some form of production and thus increase employment. This research was carried out to analyze if the collected variables can determine the repayment ability of those who got a microloan from the Amhara Credit and Savings institution. Since the borrowers received their loans through two different processes, this study divided the data into two groups. Group 1 received their microloan based on a personality test and the individuals in group 2 received their microloan based on group lending. This division is done in order to be able to eliminate that the lending process itself may have affected the repayment ability. This study is based on random sample data from the Amhara Credit and Savings institution. Regression analyses were performed using the STATA-15 software. The results are not entirely consistent with previous studies because some variables did not get the expected outcome linked similar to previous studies. Some of the variables in this study appear to have an effect on the repayment ability, but not all. Thus, the conclusion is that the results are insufficient and further research needs to be made to reject or confirm the influence of the socio-economic factors and structure of the microloan on the repayment ability for Ethiopian borrowers. / En otillräcklig finansmarknad innebär att fattiga individer inte kan få tillgång till finansiellt kapital vilket gör det svårt för dem att generera en stabil inkomst. Formella banker ser dessa individer som opålitliga kunder på grund av deras ekonomiska bakgrund och ser en risk med att dessa potentiella kunder inte kommer att återbetala sina lån, vilket skulle sätta banken i risk. Banker använder vanligtvis låntagarens tillgångar som säkerhet för sina lån. Tyvärr så har inte många av dessa fattiga människor några tillgångar. Mikrolån kan lösa dessa problem genom att öppna upp möjligheten för finansiellt kapital som gör det möjligt för fattiga människor att göra de investeringar som behövs för att skapa eller utveckla någon form av produktion och därmed öka sysselsättningen. Denna forskning genomfördes för att analysera om våra insamlade variabler kan förklara återbetalningsförmågan hos de som fick ett mikrolån från Amhara Credit and Savings Institution. Eftersom låntagarna fick lån genom två olika processer delade vi upp dem i grupp ett, som fick sitt mikrolån genom ett personlighetstest och grupp två, som fick sitt mikrolån via en grupp med andra individer. Detta för att kunna eliminera att själva processen till hur de har fått lånet kan ha påverkat återbetalningsförmågan. Studien är baserad på slumpmässiga provdata från Amhara Credit and Savings Institution. Regressionsanalyser utfördes med användning av Stata 15-programvaran. Resultaten är inte helt i överensstämmelse med tidigare studier, i och med att vissa variabler inte har det förväntade utfallet kopplat till tidigare studier. Några av variablerna i denna studie visar sig ha en påverkan på återbetalningsförmågan, men inte alla. Således är vår slutsats att resultaten är otillräckliga och behöver ytterligare undersökning för att kunna avvisa eller bekräfta denna uppsats variablers påverkan på återbetalningsförmågan.

Artificial Intelligence (AI) is reshaping how businesses, governments, organizations and individuals operate. Most businesses are now moving away from traditional systems of operation into employing and leveraging on technologies like AI to deliver superior goods and services to their clients. Today, there are calls for a shift from the traditional auditing techniques of sampling to the use of advanced technology with the capability to analyze all the operating activities of a business to improve audit quality. There is no better time for auditing to merge with AI than now as it is increasingly becoming too challenging for human auditors to analyze huge volumes of structured and unstructured data in various locations to gain the relevant financial and non-financial information that they may need to form their opinions. The purpose of this research was to examine the impact of AI on auditors’ skills and competencies, audit process and audit quality. The researchers used the qualitative research methodology and reviewed literature to identify gaps in the literature. Participants (practicing auditors) were interviewed to gather data for analysis. The findings from the empirical data concludes that AI has had a significant impact on auditors’ skills and competencies, with many respondents affirming that the core skills now needed by auditors is IT skills. Audit process and audit quality have also been positively affected by AI.

Problem/Purpose: Process prioritisation is an ill-structured and complex problem that remains a mystery phase in business process management (BPM) research. More explorative approaches are called upon to tackle process management problems, to facilitate process innovation and to design new processes in dynamic environments. This dissertation aims (i) to design and evaluate a Prioritisation and Categorisation Method (PCM) for addressing process prioritisation problems; and (ii) to explore process innovation by disruptive technologies. Research methods: This research follows the design science research (DSR) paradigm. The design exploration and the engaged scholarship approaches are also adapted. The demonstration and evaluation of the Prioritisation and Categorisation Method have been conducted with case studies in large Swedish companies, i.e. Seco Tools and Ericsson. An empirical study of the impacts of disruptive technologies on process innovation was conducted at a large insurance company in Sweden. Results: This research has led to the design and evaluation of the PCM: a new context-aware, effective and holistic method for BPM. In addition, the lessons learnt from the insurance case deepened the understanding of the challenges that are faced by a company when exploring new capabilities (e.g. processes and IT) for future business. Such lessons also emphasise the necessity of configuring PCM based upon business contingencies and industry factors in process prioritisation. Contributions: This dissertation contributes a novel method to explore BPM in a holistic, yet flexible and effective way. The challenges identified in process innovations improve the configuration capabilities of the PCM through a deeper understanding of the dynamic capabilities within organisations (Capability Layer Model-CLM). This research contributes design knowledge to DSR in the forms of the PCM as an invention, and the three design principles for the PCM: design by holistics, design by commitments and design by explorations. The research is evaluated as good BPM and good design science research.

Innovative technologies and their ability to grow rapidly are known to be a great source of controversy and paranoid reactions amongst people. The aim of this research is to examine the acceptance and perception of the technology of digital supermodels and influencers. This will be done in the global market of end-users where this technology has proliferated or has the potential to emerge. Digital supermodels and influencers were regarded specifically in a marketing context for this research, since the whole essence of their existence is for marketing purposes, and was approached as a new innovative technology. The research was divided into two parts, first was about conducting a questionnaire to analyse people’s acceptance of the technology, more specifically to examine the possible change in their purchasing behaviour. The purpose of the second part of given research was to examine people’s reactions and perception towards this technology through a content analysis of Instagram comments for the Instagram accounts of digital supermodels and influencers. The addressed innovative technology of digital influencers and supermodels is mostly perceived positively or neutrally. The significant amount of neutral positions in both parts of given research states the presence of confusion and the need for answers rather than lack of interest, which is to be addressed by the creators and users of digital avatars in marketing in the fashion industry.

For those organizations that experience disruption, they usually understand the situation when it is already too late. The real challenge to any theory, especially if it is of high relevance for managers, is how it performs predictively. Can the theory of disruptive technologies be used not only to analyze cases ex post but to predict the potential disruptive technologies ex ante? Established companies are skeptical of the idea of disruptiveness, because of the difficulty of making predictions given the ex post nature of the theory. In this regard the goal of this report is to provide a general measure of disruptiveness and develop a framework that can assess technologies whether they have the potential to be proven disruptive. The developed assessment framework captures the essential characteristic and holistic success factors for disruptive technologies based on the theory of Christensen and a number of clarifications as seen in the literature. The framework is applied and validated by assessing the disruptive potential of five renewable energy technologies (wind energy, solar energy, biomass, hydro power, geothermal) in the power generation, heating and transportation sectors of four European countries (Austria, Bulgaria, Germany and Romania). The results show the applicability of the framework and give insights into technology and country specific determinants of energy market sector disruptions. (authors' abstract) / Series: Working Papers / Institute for Strategic Management / Energy & Strategy Think Tank

No description available.