Technological innovations and firms’ productivity in new patent regime: Evidences from Indian pharmaceutical industry

Innovative firms enjoy more market benefits by conducting both technological (product and process) and nontechnological (organizational and marketing) innovations. This study aims to examine the relationship between technological innovations and firms’ productivity in Indian pharmaceutical industry in new patent regime. In particular, we analyze the direct impact of product and process innovation on the productivity of 168 Indian pharmaceutical firms over 2000–2013. Findings of this study reveal that technological innovations are positive source of firms’ productivity. However, this relationship varies with types of technological innovations and also ownership structure of firms. Moreover, this study also finds that the impact of technological innovation is stronger for multinational enterprises.     

Perceptions of the Orient by the Occident. Twisted visions, false dreams and embracing the other

In this paper I will look at Occidental perceptions of the Orient, through a selective sample of writings by western scholars on the Orient, with special reference to the Malay and Islamic worlds. References to Edward Said's views on Orientalism will also be made. I argue that there is a relationship between Orientalism and politics, even in our contemporary world, although not necessarily in the manner envisaged and presented by Edward Said. Though the relationship between the Orient and the Occident has sometimes been conflictual, there have nevertheless been fruitful and significant encounters and exchanges between them in history. Finally a plea is made that though the scenario in East–West relations might at present appear pessimistic, a normative element in favour of inter-cultural and inter-civilisational dialogue, should be injected in both academia and practical politics, to bring about change and hope for humanity.

---

Data integration in IoT ecosystem: Information linkage as a privacy threat

Internet of things (IoT) is changing the way data is collected and processed. The scale and variety of devices, communication networks, and protocols involved in data collection present critical challenges for data processing and analyses. Newer and more sophisticated methods for data integration and aggregation are required to enhance the value of real-time and historical IoT data. Moreover, the pervasive nature of IoT data presents a number of privacy threats because of intermediate data processing steps, including data acquisition, data aggregation, fusion and integration. User profiling and record linkage are well studied topics in online social networks (OSNs); however, these have become more critical in IoT applications where different systems share and integrate data and information. The proposed study aims to discuss the privacy threat of information linkage, technical and legal approaches to address it in a heterogeneous IoT ecosystem. The paper illustrates and explains information linkage during the process of data integration in a smart neighbourhood scenario. Through this work, the authors aim to enable a technical and legal framework to ensure stakeholders awareness and protection of subjects about privacy breaches due to information linkage.     

What you sell is what you lend? Revealing complexity of <Emphasis Type="Italic">riba</Emphasis> in loan contract

The purpose of this paper is to resolve and examine the possible modus operandi of riba on selling and loan contract according to the Sharia’s precepts. This paper investigate the Qur’an, hadith, and juristic views on such relevant issues based on the survey done on the several sources, i.e., previous studies, Al-Qur’an and Al-Hadith and juristic views and deviate from the existing studies in two aspects, i.e., the selling and buying of goods do not involve riba and also the banks provide loan without riba. The findings of this paper are: First, the concept of interest in lending is widely accepted both in theory and practice. Second, riba exists in selling and lending. Third, the categorization and application of extensive and complex subjects of riba in economic life bring all speculative and usurious transactions under the rubric of riba prohibition. This paper important because express and disclosure riba in both exchange of goods and loans, also the social and economic developments. This is an original undertaking of this paper.