Abstract: South Africa is in its post-industrial era moving from
the primary and secondary sector to the tertiary sector. The study
investigated the impact of the disaggregated energy consumption
(coal, oil, and electricity) on the primary, secondary and tertiary
sectors of the economy between 1980 and 2012 in South Africa.
Using vector error correction model, it was established that South
Africa is an energy dependent economy, and that energy (especially
electricity and oil) is a limiting factor of growth. This implies that
implementation of energy conservation policies may hamper
economic growth. Output growth is significantly outpacing energy
supply, which has necessitated load shedding. To meet up the excess
energy demand, there is a need to increase the generating capacity
which will necessitate increased investment in the electricity sector as
well as strategic steps to increase oil production. There is also need to
explore more renewable energy sources, in order to meet the growing
energy demand without compromising growth and environmental
sustainability. Policy makers should also pursue energy efficiency
policies especially at sectoral level of the economy.
Abstract: Prediction of maximum local scour is necessary for
the safety and economical design of the bridges. A number of
equations have been developed over the years to predict local scour
depth using laboratory data and a few pier equations have also been
proposed using field data. Most of these equations are empirical in
nature as indicated by the past publications. In this paper attempts
have been made to compute local depth of scour around bridge pier in
dimensional and non-dimensional form by using linear regression,
simple regression and SVM (Poly & Rbf) techniques along with few
conventional empirical equations. The outcome of this study suggests
that the SVM (Poly & Rbf) based modeling can be employed as an
alternate to linear regression, simple regression and the conventional
empirical equations in predicting scour depth of bridge piers. The
results of present study on the basis of non-dimensional form of
bridge pier scour indicate the improvement in the performance of
SVM (Poly & Rbf) in comparison to dimensional form of scour.
Abstract: Evolutionary Algorithms (EAs) have been used
widely through evolution theory to discover acceptable solutions that
corresponds to challenges such as natural resources management.
EAs are also used to solve varied problems in the real world. EAs
have been rapidly identified for its ease in handling multiple
objective problems. Reservoir operations is a vital and researchable
area which has been studied in the last few decades due to the limited
nature of water resources that is found mostly in the semi-arid
regions of the world. The state of some developing economy that
depends on electricity for overall development through hydropower
production, a renewable form of energy, is appalling due to water
scarcity. This paper presents a review of the applications of
evolutionary algorithms to reservoir operation for hydropower
production. This review includes the discussion on areas such as
genetic algorithm, differential evolution, and reservoir operation. It
also identified the research gaps discovered in these areas. The results
of this study will be an eye opener for researchers and decision
makers to think deeply of the adverse effect of water scarcity and
drought towards economic development of a nation. Hence, it
becomes imperative to identify evolutionary algorithms that can
address this issue which can hamper effective hydropower
generation.
Abstract: The last two decades witnessed a movement towards
harmonization of international financial reporting standards (IFRS)
throughout the global economy. This investigation seeks to identify
the factors that could explain the adoption of IFRS by poor
jurisdictions. While there has been a considerable amount of
literature published on the effects and key drivers of IFRS adoption
in both developed and developing countries, little attention has been
paid to jurisdictions with less developed capital markets and low
income levels exclusively. Drawing upon the Institutional Isomorphism theory and analyzing
a sample of 45 poor jurisdictions between 2008 and 2013, the study
empirically shows that poor jurisdictions are driven by legitimacy
concerns rather than by economic reasoning to adopt an international
accounting perspective. This in turn has implications for the IASB, as
it should seek to influence institutional pressures within a particular
jurisdiction in order to promote IFRS adoption.
Abstract: In the last decade the emergence of new social needs
as an effect of the economic crisis has stimulated the flourishing of
business endeavours characterised by explicit social goals. Social
start-ups, social enterprises or Corporate Social Responsibility
operations carried out by traditional companies are quintessential
examples in this regard. This paper analyses these kinds of initiatives
in order to discover the main characteristics of social business models
and to provide insights to social entrepreneurs for developing or
improving their strategies. The research is conducted through the
integration of literature review and case study analysis and, thanks to
the recognition of the importance of both profits and social impacts
as the key success factors for a social business model, proposes a
framework for identifying indicators suitable for measuring the social
impacts generated.
Abstract: With the increasing population and intensive land use,
huge traffic demand is generating worldwide both in developing and
developed countries. As a developing country, Bangladesh is also
facing the same problem in recent years by producing huge numbers
of daily trips. As a matter of fact, extensive traffic demand is
increasing day by day. Also, transport system in Dhaka is
heterogeneous, reflecting the heterogeneity in the socio-economic
and land use patterns. Trips produced here are for different purposes
such as work, business, educational etc. Due to the significant
concentration of educational institutions a large share of the trips are
generated by educational purpose. And one of the major percentages
of educational trips is produced by university going students and
most of them are travelled by car, bus, train, taxi, rickshaw etc. The
aim of the study was to find out the university students’ perception on
public transit ridership. A survey was conducted among 330 students
from eight different universities. It was found out that 26% of the
trips produced by university going students are travelled by public
bus service and only 5% are by train. Percentage of car share is 16%
and 12% of the trips are travelled by private taxi. It has been
observed from the study, students those who prefer bus instead of
other options, 42 percent of their family resides outside Dhaka. And
those who prefer walking, of them, over 40 percent students’ family
reside outside of Dhaka and of them over 85 percent students have a
tendency to live in a mess. On the contrary, students travelling by car
represents, most of their family reside in Dhaka. The study also
revealed that the most important reason that restricts students not to
use public transit is poor service. Negative attitudes such as
discomfort, uneasiness in using public transit also reduces the usage
of public transit. The poor waiting area is another major cause of not
using public transit. Insufficient security also plays a significant role
in not using public transit. On the contrary, the fare is not a problem
for students those who use public transit as a mode of transportation.
Students also think stations are not far away from their home or
institution and they do not need to wait long for the buses or trains. It
was also found accessibility to public transit is moderate.
Abstract: Growing human population has placed increased
demands on water supplies and spurred a heightened interest in
desalination infrastructure. Key elements of the economics of
desalination projects are thermal and electrical inputs. With growing
concerns over use of fossil fuels to (indirectly) supply these inputs,
coupling of desalination with nuclear power production represents a
significant opportunity. Individually, nuclear and desalination
technologies have a long history and are relatively mature. For
desalination, Reverse Osmosis (RO) has the lowest energy inputs.
However, the economically driven output quality of the water
produced using RO, which uses only electrical inputs, is lower than the
output water quality from thermal desalination plants. Therefore,
modern desalination projects consider that RO should be coupled with
thermal desalination technologies (MSF, MED, or MED-TVC) with
attendant steam inputs to permit blending to produce various qualities
of water. A large nuclear facility is well positioned to dispatch large
quantities of both electrical and thermal power. This paper considers
the supply of thermal energy to a large desalination facility to examine
heat balance impact on the nuclear steam cycle. The APR1400 nuclear
plant is selected as prototypical from both a capacity and turbine cycle
heat balance perspective to examine steam supply and the impact on
electrical output. Extraction points and quantities of steam are
considered parametrically along with various types of thermal
desalination technologies to form the basis for further evaluations of
economically optimal approaches to the interface of nuclear power
production with desalination projects. In our study, the
thermodynamic evaluation will be executed by DE-TOP, an IAEA
sponsored program. DE-TOP has capabilities to analyze power
generation systems coupled to desalination plants through various
steam extraction positions, taking into consideration the isolation loop
between the nuclear and the thermal desalination facilities (i.e., for
radiological isolation).
Abstract: Processing of high-silicon bauxite on the base of the
traditional clinkering method is related to high power consumption
and capital investments, which makes production of alumina from
those ores non-competitive in terms of basic economic showings. For
these reasons, development of technological solutions enabling to
process bauxites with various chemical and mineralogical structures
efficiently with low level of thermal power consumption is important.
Flow sheet of the studies on washability of ores from the Timanskoe
and the Severo-Onezhskoe deposits is on the base of the flotation
method.
Abstract: This paper tries to answer to the questions whether or
not trade openness causes economic growth and trade policy changes
are good for Turkey as a developing country in global economy
before and after 1980. We employ Johansen co-integration and
Granger causality tests with error correction modeling based on
vector autoregressive. Using WDI data from the pre-1980 and the
post-1980, we find that trade openness and economic growth are cointegrated
in the second term only. Also the results suggest a lack of
long-run causality between our two variables. These findings may
imply that trade policy of Turkey should concentrate more on extra
complementary economic reforms.
Abstract: Ceramic obtained on the base of aluminum oxide has
wide application range, because it has unique properties, for example,
wear-resistance, dielectric characteristics, and exploitation ability at
high temperatures and in corrosive atmosphere. Low temperature
synthesis of α-Al2O3 is energo-economical process and it is topical
for developing technologies of corundum ceramics fabrication. In the present work possibilities of low temperature transformation
of oxyhydroxides in α-Al2O3, during the presence of small amount of
rare–earth elements compounds (also Th, Re), have been discussed.
Aluminum unstable oxyhydroxides have been obtained by hydrolysis
of aluminium isopropoxide, nitrates, sulphate, and chloride in
alkaline environment at 80-90ºC temperatures. β-Al(OH)3 has been
received from aluminum powder by ultrasonic development. Drying
of oxyhydroxide sol has been conducted with presence of various
types seeds, which amount reaches 0,1-0,2% (mas). Neodymium,
holmium, thorium, lanthanum, cerium, gadolinium, disprosium
nitrates and rhenium carbonyls have been used as seeds and they
have been added to the sol specimens in amount of 0.1-0.2% (mas)
calculated on metals. Annealing of obtained gels is carried out at 70–
1100ºC for 2 hrs. The same specimen transforms in α-Al2O3 at
1100ºC. At this temperature in case of presence of lanthanum and
gadolinium transformation takes place by 70-85%. In case of
presence of thorium stabilization of γ-and θ-phases takes place. It is
established, that thorium causes inhibition of α-phase generation at
1100ºC, and at the time when in all other doped specimens α-phase is
generated at lower temperatures (1000-1050ºC). Synthesis of various
type compounds and simultaneous consolidation has developed in the
furnace of OXY-GON. Composite materials containing oxide and
non-oxide components close to theoretical data have been obtained in
this furnace respectively. During the work the following devices have
been used: X-ray diffractometer DRON-3M (Cu-Kα, Ni filter,
2º/min), High temperature vacuum furnace OXY-GON, electronic
scanning microscopes Nikon ECLIPSE LV 150, NMM-800TRF,
planetary mill Pulverisette 7 premium line, SHIMADZU Dynamic
Ultra Micro Hardness Tester, DUH-211S, Analysette 12 Dyna sizer.
Abstract: Financial inclusion has become a crucially important
factor in debates on economic inequality posing challenges to the
financial systems of countries around the world. Nowadays
governments and banks are concerned about creating products that
allow access to wide sectors of the population. The creation of
banking products by the financial sector for people with low incomes
tends to lead to improvements in the quality of life of vulnerable parts
of the population. In countries with notable social and economic
inequalities, financial inclusion is a key aspect for equitable
economic growth. This study is based on the case of Colombia, which is a country
with a strong record of economic growth over the past decade.
Nevertheless, corruption, unemployment, and poverty contribute to
uncertainty regarding the country’s future growth prospects. This study wants to explain the situation of financial exclusion and
financial inclusion with respect to the Colombian case. Financial
inclusion is going to be studied from the perspective of social
innovation.
Abstract: Research has shown that techno-entrepreneurship is
economically significant. Therefore, it is suggested that teaching
techno-entrepreneurship may be important because such programmes
would prepare current and future generations of learners to recognise
and act on high-technology opportunities. Education in technoentrepreneurship
may increase the knowledge of how to start one’s
own enterprise and recognise the technological opportunities for
commercialisation to improve decision-making about starting a new
venture; also it influence decisions about capturing the business
opportunities and turning them into successful ventures. Universities
can play a main role in connecting and networking technoentrepreneurship
students towards a cooperative attitude with real
business practice and industry knowledge. To investigate and answer
whether education for techno-entrepreneurs really helps, this paper
choses a comparison of literature reviews as its method of research.
After reviewing literature related to the impact of technoentrepreneurship
education on self-employment 6 studies which had
similar aim and objective to this paper were. These particular papers
were selected based on a keywords search and as their aim,
objectives, and gaps were close to the current research. In addition,
they were all based on the influence of techno-entrepreneurship
education in self-employment and intention of students to start new
ventures. The findings showed that teaching techno-entrepreneurship
education may have an influence on students’ intention and their
future self-employment, but which courses should be covered and the
duration of programmes, needs further investigation.
Abstract: Health of a person plays a vital role in the collective
health of his community and hence the well-being of the society as a
whole. But, in today’s fast paced technology driven world, health
issues are increasingly being associated with human behaviors – their
lifestyle. Social networks have tremendous impact on the health
behavior of individuals. Many researchers have used social network
analysis to understand human behavior that implicates their social
and economic environments. It would be interesting to use a similar
analysis to understand human behaviors that have health
implications. This paper focuses on concepts of those behavioural
analyses that have health implications using social networks analysis
and provides possible algorithmic approaches. The results of these
approaches can be used by the governing authorities for rolling out
health plans, benefits and take preventive measures, while the
pharmaceutical companies can target specific markets, helping health
insurance companies to better model their insurance plans.
Abstract: In this work, we attempt to associate firm
characteristics with innovative activity. We collect microdata from
listed firms of selected Eurozone Country-members, after the
beginning of 2007 financial crisis. The following literature, several
indicators of growth and performance were selected and tested for
their ability to interpret innovative activity. The main scope is to
examine the possible differences in performance and growth between
innovative and non-innovative firms, during a severe recession.
Additionally to that, a special focus will be held on whether
macroeconomic performance and national innovation system,
determines the extent of innovators' performance. Preliminary
findings, through correlation matrices and non-parametric tests,
strongly indicate the positive relation between innovative activity and
most of the measures used (profitability, size, employment),
confirming that even during a recessionary period, innovative firms
not only survive but also seem to succeed better economic results in
almost all indexes relative to non-innovative. However, even though
innovators seem to perform better in all economies examined, the
extent of that performance seems to be strongly affected by the
supportive mechanisms (financial and structural) that their country
provides. Thus, it is clear, that the technologically intensive 'gap'
between European South and North, during the economic crisis,
became chaotic, due to the harsh austerity measures and reduced
budgets in those countries, even in sectors with high potentials in
economic activity and employment, impairing the effects of crisis and
enhancing the vicious circle of recession.
Abstract: Different countries have introduced different schemes
and policies to counter global warming. The rationale behind the
proposed policies and the potential barriers to successful
implementation of the policies adopted by the countries were
analyzed and estimated based on different models. It is argued that
these models enhance the transparency and provide a better
understanding to the policy makers. However, these models are
underpinned with several structural and baseline assumptions. These
assumptions, modeling features and future prediction of emission
reductions and other implication such as cost and benefits of a
transition to a low-carbon economy and its economy wide impacts
were discussed. On the other hand, there are potential barriers in the
form political, financial, and cultural and many others that pose a
threat to the mitigation options.
Abstract: Rapid population growth, urbanization and
industrialization are known as the most important factors of
environment problems. Elimination and management of solid wastes
are also within the most important environment problems. One of the
main problems in solid waste management is the selection of the best
site for elimination of solid wastes. Lately, Geographical Information
System (GIS) has been used for easing selection of landfill area. GIS
has the ability of imitating necessary economic, environmental and
political limitations. They play an important role for the site selection
of landfill area as a decision support tool. In this study; map layers will be studied for minimum effect of
environmental, social and cultural factors and maximum effect for
engineering/economic factors for site selection of landfill areas and
using GIS for a decision support mechanism in solid waste landfill
areas site selection will be presented in Aksaray/Turkey city,
Güzelyurt district practice.
Abstract: This paper illustrates the background of various
concepts, approaches, terminologies used to describe the basic
framework of an Islamic Hotel Room design. This paper reviews the
theoretical views in establishing a suitable and optimum environment
for Muslim as well as non-Muslim guests in hotel rooms while
according to shariah. It involves a few research methodologies that
requires the researcher to study on a few characteristics needed to
create more efficient rooms in terms of social interaction, economic
growth and other tolerable elements. This paper intends on revealing
the elements that are vital and may contribute for hotels in achieving
a more conclusive research on space planning for hotel rooms
focusing on the shariah and Muslim guests. Malaysia is an Islamic
country and has billion of tourists coming over for business and
recreational purposes. Therefore, having a righteous environment that
best suit this target user is important in terms of generating the
economy as well as providing a better understanding to the
community on the benefits of applying these qualities in a
conventional resort design.
Abstract: Urban areas, as they have been developed and operate
today, are areas of accumulation of a significant amount of people
and a large number of activities that generate desires and reasons for
traveling. The territorial expansion of the cities as well as the need to
preserve the importance of the central city areas lead to the
continuous increase of transportation needs which in the limited
urban space results in creating serious traffic and operational
problems. The modern perception of urban planning is directed towards more
holistic approaches and integrated policies that make it economically
competitive, socially just and more environmentally friendly. Over
the last 25 years, the goal of sustainable transport development has
been central to the agenda of any plan or policy for the city. The
modern planning of urban space takes into account the economic and
social aspects of the city and the importance of the environment to
sustainable urban development. In this context, the European Union
promotes direct or indirect related interventions according to the
cohesion and environmental policies; many countries even had the
chance to actually test them. This paper explores the methods and processes that have been
developed towards this direction and presents a review and
systematic presentation of this work. The ultimate purpose of this
research is to effectively use this review to create a decision making
methodological framework which can be the basis of a useful
operational tool for sustainable urban planning.
Abstract: The Portuguese footwear industry had in the last five years a remarkable performance in the exportation values, the trade balance and others economic indicators. After a long period of difficulties and with a strong reduction of companies and employees since 1994 until 2009, the Portuguese footwear industry changed the strategy and is now a success case between the international players of footwear. Only the Italian industry sells footwear with a higher value than the Portuguese and the distance between them is decreasing year by year. This paper analyses how the Portuguese footwear companies innovate and make innovation, according the classification proposed by the Oslo Manual. Also, analyses the strategy follow in the innovation process and shows the linkage between the type of innovation and the strategy of innovation. The research methodology was qualitative and the strategy for data collection was the case study. The qualitative data will be analyzed with the MAXQDA software. The economic results of the footwear companies studied shows differences between all of them and these differences are related with the innovation strategy adopted. The companies focused in product and marketing innovation, oriented to their target market, have higher ratios “turnover per worker” than the companies focused in process innovation. However, all the footwear companies in this “low-tech” industry create value and contribute to a positive foreign trade of 1.310 million euros in 2013. The growth strategies implemented has the participation of the sectorial organizations in several innovative projects. And it’s obvious that cooperation between all of them is a critical element to the performance achieved by the companies and the innovation observed. The Portuguese footwear sector has in the last years an excellent performance (economic results, exportation values, trade balance, brands and international image) and his performance is strongly related with the strategy in innovation followed, the type of innovation and the networks in the cluster. A simplified model, called “Ace of Diamonds”, is proposed by the authors and explains the way how this performance was reached by the seven companies that participate in the study (two of them are the leaders in the setor), and if this model can be used in others traditional and “low-tech” industries.
Abstract: In the past few years, high consumption of soft drinks
has attracted negative attention world-wide due to its possible
adverse effects, leading the health conscious people to find
alternative nutraceutical or herbal health drinks. In the present study,
a nutraceutical soft drink was developed utilizing some easily
available and well known traditional herbs having nutritional
potential. The key ingredients were selected as bael, amla, lemon
juice, ashwagandha and poppy seeds based on their household routine
use in the summer with proven refreshing, cooling and energetic
feeling since ages. After several trials made, the final composition of
nutraceutical summer soft drink was selected as most suitable
combination based on the taste, physicochemical, microbial and
organoleptic point of view. The physicochemical analysis of the
prepared drink found to contain optimum level of titratable acidity,
total soluble solids and pH which were in accordance of the
commercial recommendations. There were no bacterial colonies
found in the product therefore found within limits. During the nine
point’s hedonic scale sensory evaluation, the drink was strongly liked
for colour, taste, flavour and texture. The formulation was found to
contain flavonoids (80mg/100ml), phenolics (103mg/100ml), vitamin
C (250mg/100ml) and has antioxidant potential (75.52%) apart from
providing several other essential vitamins, minerals and healthy
components. The developed nutraceutical drink provides an
economical and feasible option for the consumers with very good
taste combined with potential health benefits. The present drink is
potentially capable to replace the synthetic soft drinks available in the
market.