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Journal : STI Policy and Management Journal

Digital Entrepreneurship in Brazil: Insights From The Digital Platform Economy Index Analysis Kusumaningrum, Sita Dewi; Wibisono, Eristian
STI Policy and Management Journal Vol 9, No 2 (2024): STI Policy and Management
Publisher : National Research and Innovation Agency, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14203/STIPM.2024.401

Abstract

Digital Entrepreneurship Ecosystem (DEE) integrates the concepts of Digital Ecosystem (DE) and Entrepreneurship Ecosystem (EE). Developed over the last decade, research and application of DEE in developing countries remains limited. In this paper, we use a DEE in the form of the Digital Platform Economy (DPE) index, which measures the state of DEE in 116 countries, taking Brazil as a case study and comparing it with two benchmark countries (Uruguay and Argentina) that are members of the MERCOSUR group of economies. Through a five-step structured analysis, we first examine the general condition of Brazil's DEE in terms of development and then analyze the derived components of the DPE index to find the strengths and weaknesses of Brazil's DEE compared to the two benchmark countries. The results show a healthy balance between DE and EE in Brazil. However, through further analysis using the Penalty for Bottleneck (PFB) method, we recommend four main pillars of DEE, namely digital literacy, digital openness, digital adoption, and digital access, to maintain the balance between DE and EE and improve Brazil's DEE. Our results contribute to the development of DEE literature and promote DEE evaluation methods as a way to recommend DEE development in developing countries. Keywords: Digital entrepreneurship, DPE index, digital ecosystem, entrepreneurial ecosystem.
Technological Innovation, Public Trust, and Policy Strategies For A Sustainable Financial Sector: A Systematic Review Wibisono, Eristian; Nurul, Mochammad
STI Policy and Management Journal Vol 10, No 2 (2025): STI Policy and Management
Publisher : National Research and Innovation Agency, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14203/STIPM.2025.425

Abstract

This study aims to address a gap in the literature exploring the state of innovation in the financial industry by presenting key findings and insights from such research. Specifically, it addresses research questions related to the experiences and determinants of successful implementation of financial innovation in different countries, the underlying challenges that often arise, and solutions to overcome them. A systematic literature review (SLR) method was used to explore and investigate the research problem by applying three main protocols: scoping the literature, selecting and retrieving the most relevant articles, and critically reviewing the selected articles. The results of the current study indicate that studies related to financial innovation have grown significantly and are published in medium to high-quality literature sources, but much effort is still needed to bring this topic to a more mature stage. A critical review of previous research results in three main propositions contributing to this study. These include factors that facilitate successful financial innovation, overcoming challenges related to public trust, and policy strategies for sustainable financial innovation.