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New industry finance has the following five characteristics. First, information asymmetry problem appears relatively stronger in the new industry finance compared to the normal industry finance. Asymmetry of information between trading partners means that the amount of information is on...
Persistent link: https://www.econbiz.de/10014241028
Over the last two or three decades, the world economy has witnessed the rapid integration of global markets through trade. The rising integration of world markets has brought with it a disintegration of the production process. Production processes are more and more fragmented across firms and...
Persistent link: https://www.econbiz.de/10014241149
Since roughly 2015, the world has been witnessing the dawn of the age of “NewSpace,” with space now being explored by a new set of parties for a set of purposes distinct from those of the past. NewSpace is commonly used to refer to the private sector’s growing leadership in space...
Persistent link: https://www.econbiz.de/10014264279
With the rise of the digital economy around the world, fintech, which can reduce costs by utilizing technology and provide customized services based on data, has emerged as the center of innovation in financial services. Fintech is also fast growing in Vietnam as it is receiving attention as a...
Persistent link: https://www.econbiz.de/10014264391
The new winds of the fourth Industrial Revolution are blowing through the ASEAN economies. ASEAN consists of 10 South Asian countries (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam), all of have attained rapid economic...
Persistent link: https://www.econbiz.de/10014264396