Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs

SMEs around the world are entering a crisis period in light of COVID-19, adding new urgency to understanding firm-level financial behaviors and challenges. At the same time, traditional methods of in-person data collection pose a health risk to bot...

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Main Authors:	Alibhai, Salman, Buehren, Niklas, Cucagna, Maria Emilia
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	GENDER INNOVATION LAB WOMEN AND PRIVATE SECTOR DEVELOPMENT FEMALE ENTREPRENEURS ACCESS TO FINANCE DATA COLLECTION MOBILE MONEY DATA SECURITY AND PRIVACY CORONAVIRUS COVID-19 PANDEMIC IMPACT AFRICA GENDER POLICY
Online Access:	http://documents.worldbank.org/curated/en/509061603169522716/Re-Thinking-Firm-Level-Data-Collection-during-COVID-19-Using-Mobile-Sensing-to-Understand-the-Financial-Behaviors-of-Entrepreneurs http://hdl.handle.net/10986/34696

id	okr-10986-34696
recordtype	oai_dc
spelling	okr-10986-346962021-05-25T10:54:41Z Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs Alibhai, Salman Buehren, Niklas Cucagna, Maria Emilia GENDER INNOVATION LAB WOMEN AND PRIVATE SECTOR DEVELOPMENT FEMALE ENTREPRENEURS ACCESS TO FINANCE DATA COLLECTION MOBILE MONEY DATA SECURITY AND PRIVACY CORONAVIRUS COVID-19 PANDEMIC IMPACT AFRICA GENDER POLICY SMEs around the world are entering a crisis period in light of COVID-19, adding new urgency to understanding firm-level financial behaviors and challenges. At the same time, traditional methods of in-person data collection pose a health risk to both enumerator and firm and contravene social distancing guidelines and public health policies. Remote data collection methods such as phone sensing offer a viable and promising alternative. Phone sensing utilizes data generated from mobile phone usage, from GPS location to call logs to battery life – to offer insights on firm behavior, trends, and challenges. While the technology is still new and untested, this note explores some of the early insights gained from a pilot of mobile sensing technology to understand the financial behavior of women entrepreneurs in Ethiopia. Phone sensing data allows us to glean some insights into the lives and behaviors of entrepreneurs which traditional data collection might not reveal. One of the key finding of this pilot is that mobile phone sensing data correlates with business outcomes. Insights such as the ones from this pilot, if collected at a larger and more systematic scale, could enhance our understanding of borrower behavior, and could help lenders and policymakers better target potential borrowers, better understand when borrowers are likely to face adversity, and better design products to meet their needs. 2020-10-29T16:15:34Z 2020-10-29T16:15:34Z 2020-08 Brief http://documents.worldbank.org/curated/en/509061603169522716/Re-Thinking-Firm-Level-Data-Collection-during-COVID-19-Using-Mobile-Sensing-to-Understand-the-Financial-Behaviors-of-Entrepreneurs http://hdl.handle.net/10986/34696 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Africa Ethiopia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	GENDER INNOVATION LAB WOMEN AND PRIVATE SECTOR DEVELOPMENT FEMALE ENTREPRENEURS ACCESS TO FINANCE DATA COLLECTION MOBILE MONEY DATA SECURITY AND PRIVACY CORONAVIRUS COVID-19 PANDEMIC IMPACT AFRICA GENDER POLICY
spellingShingle	GENDER INNOVATION LAB WOMEN AND PRIVATE SECTOR DEVELOPMENT FEMALE ENTREPRENEURS ACCESS TO FINANCE DATA COLLECTION MOBILE MONEY DATA SECURITY AND PRIVACY CORONAVIRUS COVID-19 PANDEMIC IMPACT AFRICA GENDER POLICY Alibhai, Salman Buehren, Niklas Cucagna, Maria Emilia Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
geographic_facet	Africa Ethiopia
description	SMEs around the world are entering a crisis period in light of COVID-19, adding new urgency to understanding firm-level financial behaviors and challenges. At the same time, traditional methods of in-person data collection pose a health risk to both enumerator and firm and contravene social distancing guidelines and public health policies. Remote data collection methods such as phone sensing offer a viable and promising alternative. Phone sensing utilizes data generated from mobile phone usage, from GPS location to call logs to battery life – to offer insights on firm behavior, trends, and challenges. While the technology is still new and untested, this note explores some of the early insights gained from a pilot of mobile sensing technology to understand the financial behavior of women entrepreneurs in Ethiopia. Phone sensing data allows us to glean some insights into the lives and behaviors of entrepreneurs which traditional data collection might not reveal. One of the key finding of this pilot is that mobile phone sensing data correlates with business outcomes. Insights such as the ones from this pilot, if collected at a larger and more systematic scale, could enhance our understanding of borrower behavior, and could help lenders and policymakers better target potential borrowers, better understand when borrowers are likely to face adversity, and better design products to meet their needs.
format	Brief
author	Alibhai, Salman Buehren, Niklas Cucagna, Maria Emilia
author_facet	Alibhai, Salman Buehren, Niklas Cucagna, Maria Emilia
author_sort	Alibhai, Salman
title	Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
title_short	Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
title_full	Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
title_fullStr	Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
title_full_unstemmed	Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs
title_sort	re-thinking firm level data collection during covid-19 : using mobile sensing to understand the financial behaviors of entrepreneurs
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/509061603169522716/Re-Thinking-Firm-Level-Data-Collection-during-COVID-19-Using-Mobile-Sensing-to-Understand-the-Financial-Behaviors-of-Entrepreneurs http://hdl.handle.net/10986/34696
_version_	1764481456213590016

Re-Thinking Firm Level Data Collection during COVID-19 : Using Mobile Sensing to Understand the Financial Behaviors of Entrepreneurs

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