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  1. Home
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Browsing by Author "Nebiat Tekle"

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    Unlocking Synergies: Assessing Technological Collaboration and Sharing Economy Dynamics in Ethiopian Banks
    (A.A.U, 2023-06-06) Nebiat Tekle; Mesfin Fikre (PhD)
    The study focused on assessing the current status of technology platform sharing among Ethiopian banks to enhance collaboration and innovation within the industry. Through qualitative data analysis the research findings highlighted the positive influence of technology platform sharing on operational capabilities, product offerings, and customer experiences in Ethiopian banks. The discussion emphasized the need for increased collaboration and resource sharing among banks, regulatory bodies, and technology providers. By actively exploring opportunities for technology platform sharing, banks can benefit from cost reduction, knowledge exchange, improved efficiency, and innovation. The study also addressed challenges and barriers associated with technology sharing, including reliable technical support, flexible governance mechanisms, dependency risks, and knowledge gaps. Based on the research findings, the conclusion was drawn that technology sharing initiatives hold great potential for the Ethiopian banking sector. However, to ensure successful implementation, a balanced approach between collaboration and competition must be maintained, allowing banks to differentiate themselves while leveraging shared platforms. The recommendations proposed a series of actions for different stakeholders. Banks were advised to embrace technology adoption, promote technology platform sharing, foster awareness and education, and find a balance between collaboration and competition. Regulators were urged to establish regulatory support and remove potential barriers to technology sharing. Technology sharing platform operators were encouraged to foster collaboration and address challenges through effective communication and trust-building measures. The Ethiopian Bankers Association was recommended to initiate a technology sharing platform, conduct comprehensive assessments, and prepare periodical insight reports.

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