Achieving $5 Trillion Economy of India: Proceedings of 11th Annual International Research Conference of Symbiosis Institute of Management Studies

Description

The contents of this volume focuses on the economic issues such as income inequality, foreign direct investment, world income classification, business issues such as customer churn analysis, internal branding, human resources issues among others. The papers were presented during the 11th Annual Research Conference of Symbiosis Institute of Management Studies (SIMSARC2020). The book also focuses on the information technology and its application for the business in the form of social media, role of artificial intelligence etc. The contents of the volume are highly relevant, consisting of recent data and results, and based on strong research and statistical analysis. They widely cover the business, society and environmental issues faced in the present times, and the challenges faced by India to reach its goal of a trillion dollar economy. The papers not only discuss the issues but also come up with research based solutions and will be of interest to scholars, corporates, policy makers, and academics alike. Contents About the Editors Factors Affecting the Growing Economic Inequality: An Empirical Study with Reference to BRICS Countries 1 Introduction 2 Review of Literature 3 Research Objectives 4 Data Description 5 Research Methodology 5.1 Test for Stationarity 5.2 Granger Causality 6 Empirical Results 7 Discussion 8 Conclusion 9 Scope of Future Research References Prospects of FDI-Driven R&D—A Comparison Between Indian and Foreign Pharmaceutical Firms 1 Introduction 2 Review of Literature 3 Research and Development in India 4 The Indian Pharmaceutical Industry 4.1 Opportunities 4.2 Challenges 5 Methodology Adopted and Data Analysis 6 Discussions and Conclusions References AI as a Tool in Internal Communication to Reduce Employee Attrition Rate in India 1 Introduction 2 Review of Literature 2.1 Attrition 2.2 Technological Trends in Internal Communication 2.3 Theoretical Framework 2.4 Research Objective 2.5 Research Questions 3 Methodology 3.1 Research Design 4 Data Analysis 4.1 Sampling Framework 4.2 Insights and Analysis from Responses to Employees’ Survey 4.3 Insights and Analysis from Responses to Industry Experts’ Questionnaire 4.4 Insights from Industry Expert Interviews 5 Conclusions and Limitations References World Income Classification and Emissions: A Study of the Relationship Using Machine Learning Techniques 1 Introduction 2 Literature Review 2.1 Income Classification 2.2 Greenhouse Gas Emissions and EKC Hypothesis 3 Objectives 4 Methodology 4.1 Data Description 4.2 Cluster Analysis 4.3 Classification Techniques 4.4 Testing the EKC Hypothesis Using Multiple Regression 5 Results 5.1 Cluster Analysis 5.2 Logit and Probit Models 5.3 Testing the EKC Hypothesis Using Multiple Regression 6 Conclusion and Scope of Future Research References Impact of Soft Skills Training on Knowledge and Work Performance of Employees in Service Organizations 1 Introduction 1.1 Objectives of the Research Study 1.2 Conceptual Framework of the Study 1.3 Brief History of Services Sector 1.4 About Indian Services Sector 1.5 Background to the Research Problem 1.6 Scope of the Study 1.7 Model for Training Evaluation 1.8 Research Methodology 2 Review of Literature 2.1 Soft Skills and Work Performance 2.2 Soft Skills Training and Work Performance 2.3 Need for Evaluating Training Program 2.4 Construct Validity for Dimensions of Work Performance 3 Research Questions and Hypothesis 4 Analysis and Findings 4.1 Plan for Data Analysis 4.2 Data Analysis 5 Conclusion 6 Implications of the Study 7 Scope for Further Research 8 Suggested Training Model for Developing Soft Skills Data Collection Instrument Questionnaire References Are Recreational Activities Really Recreational at the Workplace? 1 Introduction 2 Literature Review and Background 3 Research Gap and Objectives 3.1 Rationale 4 Research Design and Methodology 4.1 Sample Design and Size 4.2 Pilot Study 4.3 Data Collection 4.4 Data Analysis 5 Results and Discussion 5.1 Descriptive Analysis 5.2 Inferential Analysis 5.3 Correlation Analysis 6 Conclusions and Recommendations 7 Scope for Future Research Appendix References Green Employee Scorecard—A Conceptual Model to Align Individual Green Performance and Organizational Sustainability Goals 1 Introduction 2 Objective of the Study 3 Literature Review 4 Methodology 5 Findings 5.1 Concept of Green Employee 5.2 Green Employee Scorecard 5.3 Linking Green Employee Scorecard and Organizational Goals and Strategies 5.4 Challenges in Implementation of Green Employee Scorecard 6 Discussion 7 Conclusion 8 Limitations and Scope of Future Research References A Study to Analyze Use of Social Media by Private and Public Sector Banks in India 1 Introduction 2 Materials and Methods 3 Results 4 Discussion 5 Conclusions References Return Dynamics and Volatility Spill Over Effects of Stock Markets in G20 Countries 1 Introduction 2 Review of Literature 3 Objectives of the Study 4 Data Description and Return Dynamics 5 Return Volatility of G20 Countries 6 The Test of Cointegration 6.1 Johansen Cointegration Test 7 Spillover Index 8 Conclusion References Can Effective E-Government Implementation Disrupt Corruption? An Exploratory Study 1 Introduction 2 Research Model and Hypotheses 3 Research Design 4 Analysis and Results 5 Discussion 6 Conclusions and Implications References Moderation of Income and Age on Customer Purchase Intention of Green Cosmetics in Bangalore 1 Introduction 2 Review of Literature 2.1 Operational Definition 2.2 Consumer Innovativeness 2.3 Health Consciousness 2.4 Moderation of Age and Income 2.5 Purchase Intention (Dependent Variable) 3 Objectives of the Study 4 Research Methodology 5 Data Analysis and Interpretation 5.1 Demographic Variables 5.2 Reliability Analysis 5.3 Sample Adequacy. Exploratory Factor Analysis and Multiple Regression 5.4 Moderation Analysis of Path with Income and Age Variables 6 Findings 7 Conclusion 7.1 Future Scope of Research References Study on Identifying the Opportunities for Defence Exports Initiative Towards Make in India Initiative 1 Introduction 2 Objectives of the Study 2.1 Problem Statement 3 Methodology 3.1 Indian Competitors 4 Analysis and Interpretation of Data 4.1 Middle East 4.2 North Africa References Effect of Age on Employees’ Attitudes at Workplace—A Study 1 Introduction 1.1 Background of the Study 1.2 Research Problem 1.3 Objectives of Study 2 Review of Literature 2.1 Introduction 2.2 Gap Analysis 3 Methods 3.1 Background of the Study 3.2 Aim 3.3 Objectives of the Study 3.4 Importance of Study 3.5 Scope of the Research 3.6 Sampling Technique 3.7 Sample Size 3.8 Population 3.9 Data Collection Method 3.10 Hypotheses 3.11 Tools Adopted 3.12 Analysis of Data 3.13 Limitations 3.14 Scope for Further Research 3.15 Applied Value of the Research 4 Data Analysis 4.1 Reliability and Validity Test 4.2 Descriptive Statistics 4.3 Testing the Hypotheses 5 Findings, Suggestions and Conclusions References An Econometric Approach Towards Exploring the Impact of Workers Remittances on Inflation: Empirical Evidence from India 1 Introduction 2 Literature Review 3 Research Gap and Objectives 4 Data and Methodology 4.1 Johansen’s Cointegration Test 4.2 VECM and VECM Granger Causality 5 Empirical Results 6 Conclusion References A Robot Maker for Health Sector 1 Introduction 2 Hypothetical Situation 3 State-of-the-Art Robotics Helping Healthcare Workers and Units 4 Waitress Robots in COVID Era 5 The Peanut Robot 6 Robots that Clean and Disinfect 7 Other Useful Robots from Pre-COVID Era 8 Technological Innovations to Face COVID-19 9 Inventions to Guarantee Social Distancing 10 Technology to Predict Disease Outbreaks 10.1 Robotic-Assisted Surgery 10.2 History of Robotic Developments to Assist Surgery 11 Modern Robots in Various Fields of Medicine 12 Medical Robot Classification 13 The Future of Robotic Surgery 13.1 The Universal Automaton 14 Research Model 15 Creating Prototype of an Automaton 16 Use of Universal Automaton in Hospital Industry 17 Characterization of the Areas 18 Conclusion References Prevalence of Emotional and Financial Stress Among Management Students 1 Introduction 2 Review on Emotional and Financial Stress Among College Students 3 COVID-19 Pandemic and Stress on College Students 4 Emotional Intelligence 5 Conceptual Framework 6 Discussion 6.1 Analysis of Emotional Factors and Students’ Stress 6.2 Analysis of Financial Factors and Students’ Stress 6.3 Analysis of Factor Analysis 7 The Way Forward References A Study on Perception of Students Towards Online Classes in India 1 Introduction and Background of the Study 2 Literature Review and Research Gap 3 Objectives of the Study 4 Research Methodology 5 Scope of the Study 6 Reliability Test 7 Analysis and Discussion 7.1 Part I 7.2 Part II 7.3 Part III 8 Findings and Suggestions 9 Limitations and Directions for Further Research 10 Conclusion Annexure I: A Study on Perception of Students Towards Online Classes in India References Indian Knowledge Tradition and Research 1 Introduction 2 Literature Review 3 Discussion 4 Impact of COVID-19 on Indian Knowledge Tradition 5 Conclusion References Vipassana Meditation: An Effective Way to Enhance Employee Contribution in Fostering Organizational Growth 1 Introduction 2 Literature Review 2.1 Behavior and Personality 2.2 Coping with Stress (CS) 2.3 Workplace Spirituality (WS) 2.4 Emotional Intelligence (EI) 2.5 Interpersonal Relationship (IR) 2.6 Psychological Well-Being (PWB) 2.7 Vipassana Meditation 2.8 Mindfulness 3 Objectives of the Study 4 Methodology 4.1 Data Analysis 5 Discussion 6 Limitations 7 Scope for Future Work 8 Conclusion References