Abstract: The financial crisis has decreased the opportunities of
small businesses to acquire financing through conventional financial
actors, such as commercial banks. This credit constraint is partly the
reason for the emergence of new alternatives of financing, in addition
to the spreading opportunities for communication and secure
financial transfer through Internet. One of the most interesting venues
for finance is termed “crowdfunding". As the term suggests
crowdfunding is an appeal to prospective customers and investors to
form a crowd that will finance projects that otherwise would find it
hard to generate support through the most common financial actors.
Crowdfunding is in this paper divided into different models; the
threshold model, the microfinance model, the micro loan model and
the equity model. All these models add to the financial possibilities of
emerging entrepreneurs.
Abstract: This study aims to propose three evaluation methods to
evaluate the Tokyo Cap and Trade Program when emissions trading is
performed virtually among enterprises, focusing on carbon dioxide
(CO2), which is the only emitted greenhouse gas that tends to increase.
The first method clarifies the optimum reduction rate for the highest
cost benefit, the second discusses emissions trading among enterprises
through market trading, and the third verifies long-term emissions
trading during the term of the plan (2010-2019), checking the validity
of emissions trading partly using Geographic Information Systems
(GIS). The findings of this study can be summarized in the following
three points.
1. Since the total cost benefit is the greatest at a 44% reduction rate, it
is possible to set it more highly than that of the Tokyo Cap and
Trade Program to get more total cost benefit.
2. At a 44% reduction rate, among 320 enterprises, 8 purchasing
enterprises and 245 sales enterprises gain profits from emissions
trading, and 67 enterprises perform voluntary reduction without
conducting emissions trading. Therefore, to further promote
emissions trading, it is necessary to increase the sales volumes of
emissions trading in addition to sales enterprises by increasing the
number of purchasing enterprises.
3. Compared to short-term emissions trading, there are few enterprises
which benefit in each year through the long-term emissions trading
of the Tokyo Cap and Trade Program. Only 81 enterprises at the
most can gain profits from emissions trading in FY 2019. Therefore,
by setting the reduction rate more highly, it is necessary to increase
the number of enterprises that participate in emissions trading and
benefit from the restraint of CO2 emissions.
Abstract: The aim of this study is to determine the effect of
strategic management implementations on the institutionalization
levels. In this regard a field study has been made over 31 stone quarry
enterprises in cement producing sector in Konya by using survey
method. In this study, institutionalization levels of the enterprises
have been evaluated regarding three dimensions: professionalization,
management approach, participation in decisions and delegation of
authority. According to the results of the survey, there is a highly
positive and statistically significant relationship between the strategic
management implementations and institutionalization levels of the
enterprises. Additionally,-considering the results of regression
analysis made for establishing the relationship between strategic
management and institutionalization levels- it has been determined
that strategic management implementations of the enterprises can be
used as a variable to explain the institutionalization levels of them,
and also strategic management implementations of the enterprises
increase the institutionalization levels of them.
Abstract: Intravitreal injection (IVI) is the most common treatment for eye posterior segment diseases such as endopthalmitis, retinitis, age-related macular degeneration, diabetic retinopathy, uveitis, and retinal detachment. Most of the drugs used to treat vitreoretinal diseases, have a narrow concentration range in which they are effective, and may be toxic at higher concentrations. Therefore, it is critical to know the drug distribution within the eye following intravitreal injection. Having knowledge of drug distribution, ophthalmologists can decide on drug injection frequency while minimizing damage to tissues. The goal of this study was to develop a computer model to predict intraocular concentrations and pharmacokinetics of intravitreally injected drugs. A finite volume model was created to predict distribution of two drugs with different physiochemical properties in the rabbit eye. The model parameters were obtained from literature review. To validate this numeric model, the in vivo data of spatial concentration profile from the lens to the retina were compared with the numeric data. The difference was less than 5% between the numerical and experimental data. This validation provides strong support for the numerical methodology and associated assumptions of the current study.
Abstract: In this work a surgical simulator is produced which
enables a training otologist to conduct a virtual, real-time prosthetic
insertion. The simulator provides the Ear, Nose and Throat surgeon
with real-time visual and haptic responses during virtual cochlear
implantation into a 3D model of the human Scala Tympani (ST). The
parametric model is derived from measured data as published in the
literature and accounts for human morphological variance, such as
differences in cochlear shape, enabling patient-specific pre- operative
assessment. Haptic modeling techniques use real physical data and
insertion force measurements, to develop a force model which
mimics the physical behavior of an implant as it collides with the ST
walls during an insertion. Output force profiles are acquired from the
insertion studies conducted in the work, to validate the haptic model.
The simulator provides the user with real-time, quantitative insertion
force information and associated electrode position as user inserts the
virtual implant into the ST model. The information provided by this
study may also be of use to implant manufacturers for design
enhancements as well as for training specialists in optimal force
administration, using the simulator. The paper reports on the methods
for anatomical modeling and haptic algorithm development, with
focus on simulator design, development, optimization and validation.
The techniques may be transferrable to other medical applications
that involve prosthetic device insertions where user vision is
obstructed.
Abstract: In gas lifted oil fields, the lift gas should be distributed optimally among the wells which share gas from a common source to maximize total oil production. One of the objectives of the paper is to show that a linear MPC consisting of a control objective and an economic objective can be used both as an optimizer and a controller for gas lifted systems. The MPC is based on linearized model of the oil field developed from first principles modeling. Simulation results show that the total oil production is increased by 3.4%. Difficulties in accurately measuring the bottom hole pressure using sensors in harsh operating conditions can be resolved by using an Unscented Kalman Filter (UKF) for estimation. In oil fields where input disturbance (total supply of gas) is not measured, UKF can also be used for disturbance estimation. Increased total oil production due to optimization leads to increased profit.
Abstract: The development of competences and practical
capacities of students is getting an important incidence into the
guidelines of the European Higher Education Area (EHEA). The
methodology applied in this work is based on the education through
directed resolution of practical cases. All cases are related to
professional tasks that the students will have to develop in their
future career. The method is intended to form the necessary
competences of students of the Marine Engineering and Maritime
Transport Degree in the matter of “Physics".
The experience was applied in the course of 2011/2012. Students
were grouped, and a practical task was assigned to them, that should
be developed and solved within the team. The aim was to realize
students learning by three ways: their own knowledge, the
contribution of their teammates and the teacher's direction. The
results of the evaluation were compared with those obtained
previously by the traditional teaching method.
Abstract: The complexity of teaching English in higher
institutions by non-native speakers within a second/foreign language
setting has created continuous discussions and research about
teaching approaches and teaching practises, professional identities
and challenges. In addition, there is a growing awareness that
teaching English within discipline-specific contexts adds up to the
existing complexity. This awareness leads to reassessments,
discussions and suggestions on course design and content and
teaching approaches and techniques. In meeting expectations
teaching at a university specified in a particular discipline such as
engineering, English language educators are not only required to
teach students to be able to communicate in English effectively but
also to teach soft skills such as problem solving skills. This paper is
part of a research conducted to investigate how English language
educators negotiate with the complexities of teaching problem
solving skills through English language teaching at a technical
university. This paper reports the way an English language educator
identified himself and the way he approached his teaching in this
institutional context.