Journal of Digital Innovation Studies (DIGITS Journal) is a new Open Access Journal published by the Center for Digital Innovation Studies (DIGITS), Faculty of Economics and Business, Universitas Padjadjaran, Indonesia. DIGITS Journal endeavours to deliver quality research that spans a broad spectrum of digital innovation, involving the digital process and outcome, digital technology, the context, and the interconnection between them. Harnessing both rigour and relevance, DIGITS Journal seeks to contribute to digital innovation research to sustain the value created from the interplay of people-technology in various ecosystems. DIGITS Journal focuses on diverse aspects of sociotechnical and socioeconomics perspectives of information system and technology management that are of fundamental importance for the advancement of Indonesia and global innovation. The journal welcomes new submission for the second issue in October 2022. E-ISSN : 2829-6214 Journal of Digital Innovation Studies (DIGITS Journal) is a new Open Access Journal published by the Center for Digital Innovation Studies (DIGITS), Faculty of Economics and Business, Universitas Padjadjaran, Indonesia. DIGITS Journal endeavours to deliver quality research that spans a broad spectrum of digital innovation, involving the digital process and outcome, digital technology, the context, and the interconnection between them. Harnessing both rigour and relevance, DIGITS Journal seeks to contribute to digital innovation research to sustain the value created from the interplay of people-technology in various ecosystems. DIGITS Journal focuses on diverse aspects of sociotechnical and socioeconomics perspectives of information system and technology management that are of fundamental importance for the advancement of Indonesia and global innovation. The journal welcomes new submission for the second issue in October 2022. E-ISSN : 2829-6214
Pusat Studi Inovasi Digital (DIGITS) Unpad
Author who publish with this journal agree to the following terms: The journal allow the authors to hold the copyright without restriction and allow the authors to retain publishing right without restrictions Author retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allow others to share the work with an acknowledgement of the work’s authorship and initial publication in this journal. Author are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g. post it to an institutional repository or publish in a book) with an acknowledgement of tis initial publication in this journals Authors are permitted and encouraged to post their work online prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
Influence of Robo Advisory in Investment Decision
This research is conducted to identify the potential influence of robo advisory, equipped with its features and technological improvements that would aid and assist in investment decision, and compare the relevancy as well as its efficiency to human financial advisor. The objective of this research is to study the discourse of robo advisor’s phase of development and the understanding on behavioral aspect in financial investment, in order to gain proper understanding on investor’s preference in accessing financial advisory services in order to aid in their investment decision. In this respect, the research is conducted through qualitative study, conducted through the process of interviewing a sample of respondents with substantial experience and exposure to financial investment, and had utilized financial advisory services, in which their response are further studied in a case basis through Analytic Hierarchy Process, to find out the relevance and the potency of robo advisors in comparison to human financial advisors in adjusting to investor’s investment decision as well as detecting behavioral investment pattern to determine its preferences to either alternatives of financial advisory. The result of the research indicates stronger preferences to human financial advisors rather than robo advisors, and emphasizes financial literacy as the most influential criteria in determining financial investment decisions.
Copyright (c) 2022 Journal of Digital Innovation Studies
Exploring Success Factors in Indonesian Equity Crowdfunding
MSMEs contributed about 60 percent to the Indonesian GDP in 2019. With the development of Fintech, Equity Crowdfunding (ECF) has been seen as potential alternative financing for startups and SMEs in nurturing entrepreneurial ecosystems. This research examines the relationship between success factors of equity crowdfunding using data from the equity crowdfunding platforms in Indonesia. This study uses the Spearman Correlation test to examine the relationship of the factors with the amount raised. The result shows that the number of investors, the target of funds, minimum of investment, understandability, and provision of the video has a significant and positive effect on the equity crowdfunding success in Indonesia. This study also found that social media networks and projected rate of return negatively and significantly correlate with the success of Indonesian equity crowdfunding.
The Use of Payment Technology Through Financial Literacy
Payment technology has dominated the fintech sector in Indonesia. Optimizing the use of payment technology requires encouragement in the development of financial literacy. Indonesia still has a low level of financial literacy compared to financial inclusion in Indonesia. The low level of financial literacy will lead to abuse of the use of fintech products and services. This study aims to see the effects of financial literacy on payment technology adoption using the TAM approach in urban cities in Indonesia, Jakarta Raya, Bandung, D.I. Yogyakarta, Semarang and Surabaya. The result demonstrates that financial literacy not an essential factor in adopting payment technology in Indonesia.
Robotic Process Automation in Action : A Use Case in Accounting Task
Robotic Process Automation (RPA) allow people focus on meaningful tasks rather than transferrable recurring and non-value-added ones. Whereas it provides an opportunity to foster agility and productivity, RPA is also perceived to put accountants at risk as many repetitive processes clinging to the profession can be substituted by the technology. As there is little study on how RPA is immersed into play this research aims to fill this spot by designing RPA solution for typical accounting taks in telecommunication entity. Design science methodology (DSR) was employed to guide the process of artifact development. Building on the initial as-is process model, RPA-oriented process model was then produced and then processed according to DSR method into an instantiation. The accounting task design result shows substantive progress in average throughput time from pre-RPA task 02:41 minutes to post-RPA of 19 seconds with no error conceded, thus creating 7 times faster processing. The current research is an important breakthrough for organizations to foster adaptive business process, especially in accounting domain.
Blockchain Disruption On Management Accountant As Business Partner: Systematic Literature Review
Recent technological advancement presents an indispensable and immense impact to the strategic direction at many industries and professions, of which the management accountant’s role have also been gradually evolved. As a result, the role of management accountant is transitioning to become a business partner. This research aims at explaining about how blockchain disrupt management accountant’s role as a business partner. To achieve the objective, we consider two research questions: first, what are the latest research which focus on blockchain disruption in relation to management accountant as business partner and, second, how does blockchain disrupt management accountant as business partner. In this paper, we adopted a systematic literature review with formulated protocol based on several referenced studies. Selected relevant literatures were then reviewed to make sense the already-defined research questions. Total of seventeen literatures passed the screening and quality assessment process. We have figured relation between blockchain capabilities and management accountant’s role as a business partner. Findings identify thirteen blockchain’s capabilities that have relation. The distribution of primary studies and challenges on implementation of blockchain in general are also discussed.