Abstract: The aspiration of this research article is to target and
focus the gains of university-Industry (U-I) collaborations and
exploring those hurdles which are the obstacles for attaining these
gains. University-Industry collaborations have attained great
importance since 1980 in USA due to its application in all fields of
life. U-I collaboration is a bilateral process where academia is a
proactive member to make such alliances. Universities want to
ameliorate their academic-base with the technicalities of technobabbles.
U-I collaboration is becoming an essential lane for achieving
innovative goals in this century. Many developed nations have set
successful examples to prove this phenomenon as a catalyst to reduce
costs, efforts and personnel for R&D projects. This study is exploits
amplitudes of UI collaboration incentives in the light of success
stories of developed countries. Many universities in USA, UK,
Canada and various European Countries have been engaged with
enterprises for numerous collaborative agreements. A long list of
strategic and short term R&D projects has been executed in
developed countries to accomplish their intended purposes. Due to
the lack of intentions, genuine research and research-oriented
environment, the mentioned field could not grow very well in
developing countries. During last decade, a new wave of research
has induced the institutes of developing countries to promote R&D
culture especially in Pakistan. Higher Education Commission (HEC)
has initiated many projects and funding supports for universities
which have collaborative intentions with industry.
Findings show that rapid innovation, overwhelm the technological
complexities and articulated intellectual-base are major incentives
which steer both partners to establish faculty-industry alliances. Everchanging
technologies, concerned about intellectual property,
different research environment and culture, research relevancy (Basic
or applied), exposure differences and diversity of knowledge
(bookish or practical) are main barriers to establish and retain joint
ventures. Findings also concluded that, it is dire need to support and
enhance cooperation among academia and industry to promote highly
coordinated research behaviors. Author has proposed a roadmap for
developing countries to promote R&D clusters among faculty and
industry to deal the technological challenges and innovation
complexities. Based on our research findings, Model for R&D
Collaboration for developing countries also have been proposed to
promote articulated R&D environment. If developing countries
follow this phenomenon, rapid innovations can be achieved with
limited R&D budget heads.
Abstract: This paper examines predictability in stock return in
developed and emergingmarkets by testing long memory in stock
returns using wavelet approach. Wavelet-based maximum likelihood
estimator of the fractional integration estimator is superior to the
conventional Hurst exponent and Geweke and Porter-Hudak
estimator in terms of asymptotic properties and mean squared error.
We use 4-year moving windows to estimate the fractional integration
parameter. Evidence suggests that stock return may not be predictable
indeveloped countries of the Asia-Pacificregion. However,
predictability of stock return insome developing countries in this
region such as Indonesia, Malaysia and Philippines may not be ruled
out. Stock return in the Thailand stock market appears to be not
predictable after the political crisis in 2008.
Abstract: Data mining uses a variety of techniques each of which
is useful for some particular task. It is important to have a deep
understanding of each technique and be able to perform sophisticated
analysis. In this article we describe a tool built to simulate a variation
of the Kohonen network to perform unsupervised clustering and
support the entire data mining process up to results visualization. A
graphical representation helps the user to find out a strategy to
optimize classification by adding, moving or delete a neuron in order
to change the number of classes. The tool is able to automatically
suggest a strategy to optimize the number of classes optimization, but
also support both tree classifications and semi-lattice organizations of
the classes to give to the users the possibility of passing from one
class to the ones with which it has some aspects in common.
Examples of using tree and semi-lattice classifications are given to
illustrate advantages and problems. The tool is applied to classify
macroeconomic data that report the most developed countries- import
and export. It is possible to classify the countries based on their
economic behaviour and use the tool to characterize the commercial
behaviour of a country in a selected class from the analysis of
positive and negative features that contribute to classes formation.
Possible interrelationships between the classes and their meaning are
also discussed.
Abstract: This paper investigates the effect of International
Financial Reporting Standards (IFRS) adoption on the frequency of
earnings managements towards small positive profits. We focus on
two emerging markets IFRS adopters: South Africa and Turkey.
We tested our logistic regression using appropriate panelestimation
techniques over a sample of 330 South African and 210
Turkish firm-year observations over the period 2002-2008. Our
results document that mandatory adoption of IFRS is not associated
with a reduction in earnings management towards small positive
profits in emerging markets. These results contradict most of the
previous findings of the studies conducted in developed countries.
Based on the legal system factor, we compare the intensity of
earnings management between a code law country (Turkey) and a
common law country (South Africa) over the pre and post-adoption
periods. Our findings show that the frequency of such earnings
management practice increases significantly for the code law
country.
Abstract: Japan is known to be a technological powerhouse, being noted for its automobiles, consumer electronics, laptop computers, portable gaming devices, and more recently healing animal robots. Japan is also noted for its popular culture; manga, anime, novels, films, character goods, game programs, cosplay cafes, karaoke and so on. It may be natural for people outside Japan to assume that e-learning in Japan must be well advanced and innovative. In reality, the application of technologies in education in Japan is far behind of other developed countries. Especially in higher education, apathy of students towards their study prevails and teachers continue ignoring such student attitudes. E-learning, which is supposed to revolutionalize the way people learn as it has potentials to enable more student-centered learning, has not been realized in Japan and mostly used to perpetuate the teachercentered teaching in a different format.
Abstract: In today-s hip hop world where everyone is running
short of time and works hap hazardly,the similar scene is common on
the roads while in traffic.To do away with the fatal consequences of
such speedy traffics on rushy lanes, a software to analyse and keep
account of the traffic and subsequent conjestion is being used in the
developed countries. This software has being implemented and used
with the help of a suppprt tool called Critical Analysis Reporting
Environment.There has been two existing versions of this tool.The
current research paper involves examining the issues and probles
while using these two practically. Further a hybrid architecture is
proposed for the same that retains the quality and performance of
both and is better in terms of coupling of components , maintainence
and many other features.
Abstract: The impact assessment in its various forms has
recently become a very important part of policy-making and
legislation in many different countries. Regulatory impact assessment
(RIA) is yet another set of analytical methods deployed in the
legislation of the European Union, of many developed countries as
well as in many developing ones such as Mexico, Malaysia and
Philippines. The aim of this paper is to provide a theoretical
background for economic models in regulatory impact assessment
and an overview of their application especially on the financial
market in the Czech Republic. We found out an inadequate
application of these models, what makes room for further research in
this field.
Abstract: Nowadays, under developed countries for progress in
science and technology and decreasing the technologic gap with
developed countries, increasing the capacities and technology
transfer from developed countries. To remain competitive, industry is
continually searching for new methods to evolve their products.
Business model is one of the latest buzzwords in the Internet and
electronic business world. To be successful, organizations must look
into the needs and wants of their customers. This research attempts to
identify a specific feature of the company with a strong competitive
advantage by analyzing the cause of Customer satisfaction. Due to
the rapid development of knowledge and information technology,
business environments have become much more complicated.
Information technology can help a firm aiming to gain a competitive
advantage. This study explores the role and effect of Information
Communication Technology in Business Models and Customer
satisfaction on firms and also relationships between ICTs and
Outsourcing strategic.
Abstract: The purpose of this study is to analyze Green IT industry in major developed countries and to suggest overall directions for IT-Energy convergence industry. Recently, IT industry is pointed out as a problem such as environmental pollution, energy exhaustion, and high energy consumption. Therefore, Green IT gets focused which concerns as solution of these problems. However, since it is a beginning stage of this convergence area, there are only a few studies of IT-Energy convergence industry. According to this, this study examined the major developed countries in terms of institution arrangements, resources, markets and companies based on Van de Ven(1999)'s social system framework that shows relationship among key components of industrial infrastructure. Subsequently, the direction of the future study of convergence on IT and Energy industry is proposed.
Abstract: Road crashes not only claim lives and inflict injuries but also create economic burden to the society due to loss of productivity. The problem of deaths and injuries as a result of road traffic crashes is now acknowledged to be a global phenomenon with authorities in virtually all countries of the world concerned about the growth in the number of people killed and seriously injured on their roads. However, the road crash scenario of a developing country like Bangladesh is much worse comparing with this of developed countries. For developing proper countermeasures it is necessary to identify the factors affecting crash occurrences. The objectives of the study is to examine the effect of district wise road infrastructure, socioeconomic and demographic features on crash occurrence .The unit of analysis will be taken as individual district which has not been explored much in the past. Reported crash data obtained from Bangladesh Road Transport Authority (BRTA) from the year 2004 to 2010 are utilized to develop negative binomial model. The model result will reveal the effect of road length (both paved and unpaved), road infrastructure and several socio economic characteristics on district level crash frequency in Bangladesh.
Abstract: The main purpose of this study is to provide a detailed
statistical overview of the time and regional distribution, relative
timing occurrence of economic crises and government changes in 51
economies over the 1990–2007 periods. At the same time, the
predictive power of the economic crises on set government changes
will be examined using “signal approach".
The result showed that the percentage of government changes is
highest in transition economies (86 percent of observations) and
lowest in Latin American economies (39 percent of observations).
The percentages of government changes are same in both developed
and developing countries (43 percent of observations). However,
average crises per year (frequency of crises) are higher (lower) in
developing (developed) countries than developed (developing)
countries. Also, the predictive power of economic crises about the
onset of a government change is highest in Transition economies (81
percent) and lowest in Latin American countries (30 percent). The
predictive power of economic crises in developing countries (43
percent) is lower than developed countries (55 percent).
Abstract: The growing problem of youth unemployment in
Egypt after the 25th January Revolution has directed the attention of
some human resource experts towards considering remote
employment as a partial remedy for the unemployed youth instead of
the unavailable traditional jobs, a trend which will also help with the
congested offices and unsolved traffic problem in Cairo and spread
a flexible work culture, but despite of that, the main issue remains
unresolved for these organizations to deal with the system challenges.
In the past few years, in developed countries, there has been a
growing trend for many companies to shift to remote employment
instead of the traditional office employment for many reasons: due to
the growing technological advances that helped some employees do
their work from home on a part time basis, the need for achieving an
employee-s work balance in the middle of unbalanced complicated
life, top management focus on employee-s productivity rather their
time spent at work. The objective of this paper is to study and analyze
the advantages and challenges that Egypt-s labor force will be facing
in their implementation of remote or virtual employment in both
government and private organizations after the 25th January
revolution. Therefore, the research question will be: What are the
advantages and different challenges that Egyptian organizations
might face in their implementation for remote employment system
and how can they manage these challenges for the system to work
effectively? The study is divided into six main parts: the introduction,
objective and importance of the study, research problem,
methodology, experience of some countries that implemented remote
employment, advantages and challenges of implementing remote
employment in Egypt and then the conclusion which discuses the
results and recommendations of the study.
Abstract: Petrol Fuel Station (PFS) has potential hazards to the
people, asset, environment and reputation of an operating company.
Fire hazards, static electricity air pollution evoked by aliphatic and
aromatic organic compounds are major causes of accident/incident
occurrence at fuel station. Activities such as carelessness,
maintenance, housekeeping, slips trips and falls, transportation
hazard, major and minor injuries, robbery and snake bites has a
potential to create unsafe conditions. The level of risk of these
hazards varies according to location and country. The emphasis on
safety considerations by the government is variable all around the
world. Developed countries safety records are much better as
compared to developing countries safety statistics. There is no
significant approach available to highlight the unsafe acts and unsafe
conditions during operation and maintenance of fuel station. Fuel
station is the most commonly available facilities that contain
flammable and hazardous materials. Due to continuous operation of
fuel station they pose various hazards to people, environment and
assets of an organization. To control these hazards, there is a need for
specific approach. PFS operation is unique as compared to other
businesses. For smooth operations it demands an involvement of
operating company, contractor and operator group. This study will
focus to address hazard contributing factors that have a potential to
make PFS operation risky. One year data collected, 902 activities
analyzed, comparisons were made to highlight significant
contributing factors. The study will provide help and assistance to
PFS outlet marketing companies to make their fuel station operation
safer. It will help health safety and environment (HSE) professionals
to arrest the gap available related to safety matters at PFS.
Abstract: Off-grid Photovoltaic (PV) systems are empowering
technology in underdeveloped countries like Ethiopia where many
people live far away from the modern world. Where there is
relatively low energy consumption, providing energy from grid
systems is not commercially cost-effective. As a result, significant
people groups worldwide stay without access to electricity. One
remote village in northern Ethiopia was selected by the United
Nations for a pilot project to improve its living conditions. As part of
this comprehensive project, an intelligent charge controller circuit for
Off-grid PV systems was designed for the clinic in that village. In
this paper, design aspects of an intelligent charge controller unit and
its load driver circuits are discussed for an efficient utilization of PVbased
supply systems.
Abstract: This paper presents a computer simulation model based on system dynamics methodology for analyzing the dynamic characteristics of input energy structure in agriculture and Bangladesh is used here as a case study for model validation. The model provides an input energy structure linking the major energy flows with human energy and draft energy from cattle as well as tractors and/or power tillers, irrigation, chemical fertilizer and pesticide. The evaluation is made in terms of different energy dependent indicators. During the simulation period, the energy input to agriculture increased from 6.1 to 19.15 GJ/ha i.e. 2.14 fold corresponding to energy output in terms of food, fodder and fuel increase from 71.55 to 163.58 GJ/ha i.e. 1.28 fold from the base year. This result indicates that the energy input in Bangladeshi agricultural production is increasing faster than the energy output. Problems such as global warming, nutrient loading and pesticide pollution can associate with this increasing input. For an assessment, a comparative statement of input energy use in agriculture of developed countries (DCs) and least developed countries (LDCs) including Bangladesh has been made. The performance of the model is found satisfactory to analyze the agricultural energy system for LDCs
Abstract: Digital broadcasting has been an area of active
research, development, innovation and business models development
in recent years. This paper presents a survey on the characteristics of
the digital terrestrial television broadcasting (DTTB) standards, and
implementation status of DTTB worldwide showing the standards
adopted. It is clear that only the developed countries and some in the
developing ones shall be able to beat the ITU set analogue to digital
broadcasting migration deadline because of the challenges that these
countries faces in digitizing their terrestrial broadcasting. The
challenges to keep on track the DTTB migration plan are also
discussed in this paper. They include financial, technology gap,
policies alignment with DTTB technology, etc. The reported
performance comparisons for the different standards are also
presented. The interesting part is that the results for many
comparative studies depends to a large extent on the objective behind
such studies, hence counter claims are common.
Abstract: Nowadays over-consumption of fossil energy in
buildings especially in residential buildings and also considering the
increase in populations, the crisis of energy shortage in a near future
is predictable. The recent performance of developed countries in
construction with the aim of decreasing fossil energies shows that
these countries have understood the incoming crisis and has taken
reasonable and basic actions in this regard. However, Iranian
architecture, with several thousands years of history, has acquired
and executed invaluable experiences in designing, adapting and
coordinating with the nature.
Architectural studies during the recent decades show that imitating
modern western architecture results in high energy wastage beside
the fact that it not reasonably adaptable and corresponded with the
habits and customs of people unlike the architecture in the past which
was compatible and adaptable with the climatic conditions and this
necessitates optimal using of renewable energies more than ever. This
paper studies problems of design, execution and living in today's
houses and reviews the characteristics of climatic elements paying
special attention to the performance of trombe wall and solar
greenhouse in traditional houses and offers some suggestions for
combining these two elements and a climatic strategy.
Abstract: The study examines the determinants of corporate cash holding of non-financial quoted firms in Nigeria using a sample of fifty four non-financial quoted firms listed on the Nigeria Stock Exchange for the period 1995-2009. Data were sourced from the Annual reports of the sampled firms and analyzed using Generalized Method of Moments(GMM). The study finds evidence supportive of a target adjustment model and that firms can not instantaneously adjust towards the target cash level owing to the fact that adjustment cost being costly,. Also, the result shows significant negative relationship between cash holdings and firm size, net working capital, return on asset and bank relationship and positive relationship with growth opportunities, leverage, inventories, account receivables and financial distress. Furthermore, there is no significant relationship between cash holdings and cash flow. In Nigerian setting, most of the variables that are relevant for explaining cash holdings in the Developed countries are found by this study to be relevant also in Nigeria.
Abstract: Today many countries have the ambitious purposes of long-term and continuous development: constant growth of competitiveness, maintenance of a high standard of living of the population, leadership in the world market. One of the best possible ways of achievement of these purposes is a transition of the countries to innovative economy. The paper presents the analyses of problems of forming of innovative receptivity to innovations and creation of «innovative society». Creation of an innovative culture in a society and increase of the level of prestige of innovative activity are the best ways of developing of innovative processes. The base of the analysis is a comparing of Russia and different developed countries according to the level of some indictors of innovative activity.1
Abstract: In this paper, we observe that developed countries are generally equipped with innovation capabilities and produce major chunk of the world-s knowledge and technology. The contribution of developing countries, on the other hand, is insignificant, and most of them far behind the global technological front. More specifically, we empirically observe that the developing world neither contributes substantially to the world-s scientific publications nor to the R&D activities. They also have lesser “absorptive capacity" and “technological capability", and their “innovation systems" are plagued with many problems. Finally, we argue that these countries can break the shackles and improve their innovation capabilities by pursuing genuine innovation policies on long-term basis with honesty and commitment.