Research Platforms' Performance Reports GA21 2015-2017 | Page 22

EVENTS ‘Knowledge Goods, Ordinary Goods and the Effects of Trade between Leading and Lagging Regions’ presented by Professor Amit Batabyal On the effects of trade in knowledge and ordinary goods on the income and welfare gap between a leading and a lagging region. Knowledge goods are invented and produced in the leading region only. In contrast, ordinary goods can be produced in both regions. Professor Amit’s analysis shed light on four salient points. First, the equilibrium wage ratio between the leading and the lagging regions. Second, narrowing the income gap between regions by increasing the rate at which lagging regions copy technology for producing knowledge goods. Third, the steady state level of welfare in the leading region. Finally, the adverse effect on leading regions from lagging regions that copy technology at an increased rate. that are clearly needed to combat lifestyle diseases. Both Koranic and Arabic medicine are written traditions with a formal supporting body of knowledge. Undocumented until now is the informal collection of health traditions and practices employed by the Ummah, the global Islamic family, to support healthy living, wellbeing, freedom from disease and healthy ageing – i.e. Wellness Traditions of Islamic Societies. This knowledge draws on how the body responds to nature and a long-standing cultural history of drawing on nature for health and wellbeing. There has not yet been a clear recognition that all of these lifestyle and wellbeing approaches of the Islamic world are unified by their relationship with nature as a source of health and healing. Drawing on this broad view, there is the potential to create a unified knowledge base, documenting the wide array of Wellness Traditions of the Islamic World. ‘Accounting and Sustainability – How to Reframe the Conversation about Finance, Investments and Taxation?’ presented by Professor Sakthi Mahenthiran Professor Sakthi introduced the concept of bio-mimicry, that is, the framework used to evaluate broadly about our research and to comprehend sustainability in a broader sense. In addition, he discussed papers that drew on understanding of accounting research and sustainability. He also discussed how accounting research in finance, investments and taxation would evolve and its impact on global businesses. The benefit to the participants was to comprehend the importance of developing research streams that are based on a broader understanding of the role of accounting in an evolving environment. ‘Muslim Consumers’ Consumption Behaviour in a Muslim Minority Country Market Environment: A Study on Australian Muslim Market’ by Associate Professor Yunus Ali Halal consumption is mandatory for Muslims. However, halal options may not be readily available in countries where Muslims are a minority. This paper reports findings of an exploratory research on Australian Muslim consumers’ perception towards Halal-labelled products and consumer decision-making behaviour on other alternatives. Focus Group studies in two Australian cities revealed that while Halal certification is important, the label alone has limited universal appeal. Instead, it was the country of origin and ethnocentrism which are found to play an important role. Muslim consumers also accept alternatives from trustworthy companies that do not contain any non-halal ingredients. This research contributes to the understanding of Muslim consumer behaviour for global marketers to design appropriate value proposition, catering to the fast- growing domestic and global Muslim markets. ‘Analysis of Tax Evasion and Avoidance Literature Relevant to Tax Research in Malaysia’ presented by Professor Sakthi Mahenthiran Professor Sakthi presented presented the literature on factors that have shown to affect tax avoidance strategies of listed companies in Malaysia and abroad. Also, two tax studies that Professor Sakthi had published with Professor Jeyapalan were discussed, along with the current study that was being pursued with colleagues at Monash University Malaysia. The benefit to the participants was to appreciate the processes and the rigor needed for undertaking literature review, gaining expertise in the area and designing research that can be published in top- tier journals. ‘Wellness Traditions of Islamic Societies’ presented by Professor Gerry Bodeker This seminar deliberated culturally familiar approaches 21 Achieving Innovation in Malaysia This seminar was a collaboration with School of Business. It brought experts with considerable knowledge and industry experience to share Malaysia’s current state of progress on business and innovation development. The seminar also shed light on how academics and entrepreneurs in Malaysia could strengthen and stimulate the country’s national innovative capacity through industrial linkages, innovation and commercialisation and business ventures.