Integrated billing mechanisms in the Internet of Things to support information sharing and enable new business opportunities

The Internet of Things (IOT) concept and enabling technologies such as RFID offer the prospect of linking the real world of physical objects with the virtual world of information technology to improve visibility and traceability information within supply chains and across the entire lifecycles of products, as well as enabling more intuitive interactions and greater automation possibilities. There is a huge potential for savings through process optimization and profit generation within the IOT, but the sharing of financial benefits across companies remains an unsolved issue. Existing approaches towards sharing of costs and benefits have failed to scale so far. The integration of payment solutions into the IOT architecture could solve this problem. We have reviewed different possible levels of integration. Multiple payment solutions have been researched. Finally we have developed a model that meets the requirements of the IOT in relation to openness and scalability. It supports both hardware-centric and software-centric approaches to integration of payment solutions with the IOT. Different requirements concerning payment solutions within the IOT have been defined and considered in the proposed model. Possible solution providers include telcos, e-payment service providers and new players such as banks and standardization bodies. The proposed model of integrating the Internet of Things with payment solutions will lower the barrier to invoicing for the more granular visibility information generated using the IOT. Thus, it has the potential to enable recovery of the necessary investments in IOT infrastructure and accelerate adoption of the IOT, especially for projects that are only viable when multiple benefits throughout the supply chain need to be accumulated in order to achieve a Return on Investment (ROI). In a long-term perspective, it may enable IT-departments to become profit centres instead of cost centres. © 2010 - IOS Press and the authors. All rights reserved.

A framework for analysing business performance, firm innovation and related contextual factors: Perceptions of managers and policy makers in two European regions

The aim of this paper is to propose a novel reference framework that can be used to study how different kinds of innovation can result in better business performance and how external factors can influence both the firm's capacity to innovate and innovation itself. The value of the framework is demonstrated as it is applied in an exploratory study of the perceptions of public policy makers and managers from two European regions - the Veneto Region in Italy and the East of England in the UK. Amongst other things, the data gathered suggest that managers are generally less convinced than public policy makers, that the innovativeness of a firm is affected by factors over which policy makers have some control. This finding poses the question "what, if any, role can public policy makers play in enhancing a company's competitiveness by enabling it to become more innovative?".

Community Based Fisheries Management (CBFM) in Sunamganj district of Bangladesh: the nature of cooperation and conflicts

There are altogether 411 haors comprising an area of about 8000 square kilometer, covering 25% of entire region dispersed in the districts of Sunamgonj, Sylhet, Moulvibazar, Hobigonj, Netrokona and Kishoreganj. Sunamganj district is particularly known as a district of haors and baors where a large number of people depend on fishing for their livelihood. Some people are basically fishermen and fish all the year round. Community Based Fisheries Management (CBFM) project has been initiated in this area to develop fishery sector as well as for the development of the inland fishermen of haor area. Healthy cooperation among the beneficiaries of the project is very much present and some NGOs are found working actively there to help the fishermen for the sound implementation of the project. But the influentials of different villages around create troubles and conflicts intentionally in the project area because of which fishermen cannot fish smoothly and the implementation of the project is getting hampered. Therefore, a kind of consensus needs to be reached among the inhabitants of the haor area and a powerful association of the fishermen should be established so that fishing may be undertaken in the beel without having any troubles and conflicts. In this article the conflicts and cooperation that are in existence in the implementation process of CBFM project in the haor areas of Sunamgonj district have been discussed. Some suggestions have been offered in the paper to overcome the existing conflicts impeding the smooth implementation of CBFM project in the fishery sector of haor area under Sunamganj district.

Abalone culture - a new business opportunity

There are about 100 species of abalone in the world, but only 20 are of high commercial importance. In the Philippines, the abalone species are Haliotis asinina, H. varia, H. ovina and H.glabra, but it is the former which has high commercial value. The semi-processed abalone are frozen, dried or canned for export to many countries. An outline is given of the major aquaculture activities and duration of breeding and culture. Abalone hatchery production operations and investment costs and returns are detailed. Particular reference is made to the modular system of abalone culture in floating cages.

Solution oriented partnerships - A new business model for integrating global-production efficiencies with sustainability

A business model for integrating global-production efficiencies with sustainability is discussed. Two trends that emulate some of the aspects of the wealthy are the increasing willingness of many to pay extra for customization such as clothes, of kitchens and the increasing acceptance of purchasing a service as a product substitute. Two final trends that are also based in the attitudes of people is an increased awareness of the value of local culture and an increased concern with issues of sustainability. The results show that the goal congruence between for-profit and not-for-profit organizations puts emphasis on value and belief of the organization.