Annie Tubadji

As far back as the industrial revolution, significant development in technical innovation has succeeded in transforming numerous manual tasks and processes that had been in existence for decades where humans had reached the limits of physical capacity. Artificial Intelligence (AI) offers this same transformative potential for the augmentation and potential replacement of human tasks and activities within a wide range of industrial, intellectual and social applications. The pace of change for this new AI technological age is staggering, with new breakthroughs in algorithmic machine learning and autonomous decision-making, engendering new opportunities for continued innovation. The impact of AI could be significant, with industries ranging from: finance, healthcare, manufacturing, retail, supply chain, logistics and utilities, all potentially disrupted by the onset of AI technologies. The study brings together the collective insight from a number of leading expert contributors to highlight the significant opportunities, realistic assessment of impact, challenges and potential research agenda posed by the rapid emergence of AI within a number of domains: business and management, government, public sector, and science and technology. This research offers significant and timely insight to AI technology and its impact on the future of industry and society in general, whilst recognising the societal and industrial influence on pace and direction of AI development.

Purpose The purpose of this paper is to provide a comprehensive concept for the role of culture in economic growth. Design/methodology/approach The paper overviews the culture based development (CBD) concept and its precise definition of culture as an encompassing socio‐economic factor. The outlined CBD mechanism of impact is expressed in a testable empirical model. Alternative approaches for operationalizing the CBD definition of cultural capital are suggested and a real data application on intra‐regional level (for German Kreise ) is presented. Findings The findings illustrate the ability of the CBD model to capture the statistical significance of culture. Originality/value The paper demonstrates the two innovative elements of the CBD approach to culture: first, measuring culture with a factor variable as a better alternative to the mono‐dimensional variables inferred by the state of the art; and second, thus capturing the overall economic meaning of the cultural factor (not just one aspect of it) for local socio‐economic development.

Abstract This article introduces cultural gravity as a concept that serves to better disentangle the direction and magnitude of the effects from migration, which is controversial in recent literature. The aim is to test for cultural gravity effects on both the geographic concentration and human capital productivity of immigrants in the EU15 countries. Operationally, we proceed to construct an empirical cultural gravity measure and test it with the use of a composite cross‐sectional database, comprising, inter alia, the World Value Survey and Eurostat Census data. After an initial exploration of relevant cultural data by means of multivariate statistical analysis, we present an extended formulation of a gravity model approached through logistic regression methods and a three‐stage least‐squares estimation. Our results clearly demonstrate the existence of a cultural gravity effect among immigrants. Finally, an interesting finding is that cultural gravity also plays a significant role in the context of the Culture‐Based Development ( CBD ) growth model.

This inquiry seeks to provide a comprehensive conceptual framework for understanding the role of culture in economic growth. Economic growth theory has recognised labour and physical capital as primary economic inputs; plugging in additional variables related to human capital and entrepreneurship gives rise to the further developed endogenous growth models. Based on multidisciplinary theory and evidence, the present inquiry argues that these basic components of the growth models, together with the institutional context of each case, depend on local culture. However, the relationship with culture in growth modelling is still omitted. The current paper lays down the foundations of the culture based development (CBD) concept, identifying culture as a proto-institution which through the mechanisms of latent influence of cultural capital on the reallocation of the main production factors affects growth. Preliminary empirical operationalisations, alternatively with OECD and DE data, illustrate the potential of the CBD model for applied research.