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Economic growth is usually driven by improvements in productivity, economic efficiency, trade and innovation. Increasing efficiency means to produce larger output using the same amount of factors for production such as raw materials, labour, and capital. However, regardless of the driver, growth is often investment-hungry and it is not rare to find an economy with potential for growth but lacking locally available investment. In this scenario, Foreign Direct Investment (FDI) can fill the gap between investment needed to promote economic growth and locally available investments.
To this date, it is difficult to find high-level statistics on YouTube that paint a fair picture of the platform in its entirety. This study attempts to provide an overall characterization of YouTube, based on a random sample of channel and video data, by showing how video provision and consumption evolved over the course of the past 10 years. It demonstrates stark contrasts between video genres in terms of channels, uploads and views, and that a vast majority of on average 85% of all views goes to a small minority of 3% of all channels. The analytical results give evidence that older channels have a significantly higher probability to garner a large viewership, but also show that there has always been a small chance for young channels to become successful quickly, depending on whether they choose their genre wisely.
Die Digitalisierung aller Lebensbereiche ist kein Technik-, sondern ein Systemwechsel. Alles, was wir im Netz tun, wird verdatet; idealiter prenatal bis postmortal. Dieser Datenpool wird mit immer ausgefeilteren Algorithmen des Big Data Mining analysiert und mit Methoden der Empirie, Statistik und Mustererkennung ausgewertet. Der Mensch wird zum Datensatz. Je früher Menschen psychometrisch vermessen werden können, desto exaktere Persönlichkeits-, Lern- und Leistungsprofile entstehen – und umso leichter ist die Einflussnahme. Das ist der Grund für die Forderung nach Digitaltechnik in KiTas und Grundschulen. Menschen werden daran gewöhnt zu tun, was Maschinen ihnen sagen. Das ist Gegenaufklärung aus dem Silicon Valley per App und Web. Wie Alternativen aussehen können, zeigt dieser Beitrag.
Virtual reality in the hotel industry: assessing the acceptance of immersive hotel presentation
(2019)
In the hotel industry, it is crucial to reduce the inherent information asymmetry with regard to the goods offered. This asymmetry can be minimised through the use of smartphone-based virtual reality applications (SBVRs), which allow virtual simulation of real experiences and thus enable more efficient information retrieval. The aim of the study is to determine for the first time the user acceptance of these immersive hotel presentations for assessing the performance of a travel accommodation. For this purpose, the Technology Acceptance Model (TAM) was used to explain the acceptance behaviour for this new technology. A virtual reality application was specially developed, in which the participants could explore a hotel virtually. A total of 569 participants took part in the study. The structural equation model and the hypotheses were tested using a Partial Least Squares (PLS) analysis. The results illustrate that the immersive product experience leads to more efficient information gathering. The perceived usefulness significantly affects the attitude towards using the technology as well as the intention to use it. In contrast to the traditional TAM, the perceived ease of use of SBVRs has no effect on the perceived usefulness or attitude towards using the technology.