Abstract: Wireless networks are built upon the open shared
medium which makes easy for attackers to conduct malicious
activities. Jamming is one of the most serious security threats to
information economy and it must be dealt efficiently. Jammer
prevents legitimate data to reach the receiver side and also it
seriously degrades the network performance. The objective of this
paper is to provide a general overview of jamming in wireless
network. It covers relevant works, different jamming techniques,
various types of jammers and typical prevention techniques.
Challenges associated with comparing several anti-jamming
techniques are also highlighted.
Abstract: It is very important for a developing nation to
developing their infrastructure on the prime priority because their
infrastructure particularly their roads and transportation functions as a
blood in the system. Almost 1.1 billion populations share the travel
and transportation industry in India. On the other hand, the Pakistan
transportation industry is also extensive and elevating about 170
million users of transportation. Indian and Pakistani specifically
within bus industry are well connected within and between the urban
and rural areas. The transportation industry is radically helping the
economic alleviation of both countries. Due to high economic
instability, unemployment and poverty rate both countries
governments are very serious and committed to help for boosting
their economy. They believe that any form of transportation
development would play a vital role in the development of land,
infrastructure which could indirectly support many other industries’
developments, such as tourism, freighting and shipping businesses,
just to mention a few. However, it seems that their previous
transportation planning in the due course has failed to meet the fast
growing demand. As with the span of time, both the countries are
looking forward to a long-term, and economical solutions, because
the demand is from time to time keep appreciating and reacting
according to other key economic drivers. Content analysis method
and case study approach is used in this paper and secondary data
from the bureau of statistic is used for case analysis. The paper
focused on the mobility concerns of the lower and middle-income
people in India and Pakistan. The paper is aimed to highlight the
weaknesses, opportunities and limitations resulting from low priority
industry for a government, which is making the either country's
public suffer. The paper has concluded that the main issue is
identified as the slow, inappropriate, and unfavorable decisions which
are not in favor of long-term country’s economic development and
public interest. The paper also recommends to future research
avenues for public and private transportation, which is continuously
failing to meet the public expectations.
Abstract: Broiler slaughter waste has become a major source of
pollution throughout the world. Utilization of broiler slaughter waste
by dry rendering process produced Rendered Chicken Oil (RCO), a
cheap raw material for biodiesel production and Carcass Meal a feed
ingredient for pets and fishes. Conversion of RCO into biodiesel may
open new vistas for generating wealth from waste besides controlling
the major havoc of environmental pollution. A two-step process to
convert RCO to good quality Biodiesel was invented. Acid catalysed
esterification of FFA followed by base catalysed transesterification of
triglycerides was carried out after meticulously standardizing the
methanol molar ratio, catalyst concentration, reaction temperature,
and reaction time to obtain the maximum biodiesel yield of 97.62%
and lowest glycerol yield of 6.96%. RCO biodiesel blend was tested
in a CRDI diesel engine. The results revealed that the blending of
commercial diesel with 20% RCO biodiesel (B20) lead to less engine
wear, a quieter engine and better fuel economy. The better lubricating
qualities of RCO B20 prevented over heating of engine, which
prolongs the engine life. RCO B20 can reduce the import of crude oil
and substantially reduce the engine emissions as proved by
significantly lower smoke levels, thus mitigating climatic changes.
Abstract: The plastic industry plays very important role in the
economy of any country. It is generally among the leading share of
the economy of the country. Since metals and their alloys are very
rarely available on the earth. Therefore, to produce plastic products
and components, which finds application in many industrial as well
as household consumer products is beneficial. Since 50% plastic
products are manufactured by injection moulding process. For
production of better quality product, we have to control quality
characteristics and performance of the product. The process
parameters plays a significant role in production of plastic, hence the
control of process parameter is essential. In this paper the effect of
the parameters selection on injection moulding process has been
described. It is to define suitable parameters in producing plastic
product. Selecting the process parameter by trial and error is neither
desirable nor acceptable, as it is often tends to increase the cost and
time. Hence, optimization of processing parameter of injection
moulding process is essential. The experiments were designed with
Taguchi’s orthogonal array to achieve the result with least number of
experiments. Plastic material polypropylene is studied. Tensile
strength test of material is done on universal testing machine, which
is produced by injection moulding machine. By using Taguchi
technique with the help of MiniTab-14 software the best value of
injection pressure, melt temperature, packing pressure and packing
time is obtained. We found that process parameter packing pressure
contribute more in production of good tensile plastic product.
Abstract: In turbulent modern economy, the companies need to
properly manage their business processes. Well-defined and stable
business processes ensure security of crucial data and applications,
and provide a quality product or service to the end customer. On the
other side, constant changes on the market, new regulatory
provisions, and emerging new technologies require the need of
issuing prompt and effective changes of business process. In this
article, we explore the use of agile principles in working with
business process management (BPM) solutions. We deal with
difficulties in BPM development cycle, review the benefits of using
agility, and choose the basic agile principles that ensure the success
of a BPM project.
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: 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: 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: Construction industry plays a vital role in the
economy of the world. However, due to high uncertainty and
variability in the industry, its performance is not as efficient in terms
of quality, lead times, productivity and costs as of other industries.
Moreover, there are continuous conflicts among the different actors
in the construction supply chains in terms of profit sharing. Previous
studies suggested partnership as an important approach to promote
cooperation among the different actors in the construction supply
chains and thereby it improves the overall performance. Construction
practitioners tried to focus on partnership which can enhance the
performance of construction supply chains but they are not fully
aware of different approaches and techniques for improving
partnership. In this research, a systematic review on partnership in
relation to construction supply chains is carried out to understand
different elements influencing the partnership. The research
development of this domain is analyzed by reviewing selected
articles published from 1996 to 2015. Based on the papers, three
major elements influencing partnership in construction supply chains
are identified: ‘Lean approach’, ‘Relationship building’ and ‘E-commerce
applications’. This study analyses the contributions in the
areas within each element and provides suggestions for future
developments of partnership in construction supply chains.
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: Complex environments triggered by globalization
have necessitated new paradigms of leadership – Complexity
Leadership that encompass multiple roles that leaders need to take
upon. Success of Higher Education institutions depends on how well
leaders can provide adaptive, administrative and enabling leadership.
Complexity Leadership seems all the more relevant for institutions
that are knowledge-driven and thrive on Knowledge creation,
Knowledge storage and retrieval, Knowledge Sharing and
Knowledge applications. Discussed in this paper are the elements of
Globalization and the opportunities and challenges that are brought
forth by globalization. The Complexity leadership paradigm in a
knowledge-based economy and the need for such a paradigm shift for
higher education institutions is presented. Further, the paper also
discusses the support the leader requires in a knowledge-driven
economy through knowledge management initiatives.
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: This paper seeks to assess the implications of bank
consolidation on lending, which largely determine the survival and
performance of small and medium scale enterprises and in turn the
development of the Nigerian economy. Ordinary least square
technique, correlation matrix test and Granger –causality test were
employed to measure the extent to which lending to small and
medium scale enterprises were influenced. The result showed that
bank deposit (BD) impacted on lending to small and medium scale
enterprises. Commercial and merchant bank lending rate had
statistically insignificant effect on the dependent variable. There is a
shift of focus by commercial banks from small and medium scale
enterprises (small customers) to major investors (big customers).
While micro finance banks work hard at providing funds to small and
medium scale entrepreneurs, their capacity to meet the needs of these
entrepreneurs is constrained. The capital and deposits of micro
finance bank should be boosted in order to effectively support small
and medium scale enterprises through loans.
Abstract: Sweden has succeeded to maintain a high level of
growth and development and has managed to sustain highly ranked
position among the world’s developed countries. In this regard,
Swedish universities are playing a vital role in supporting innovation
and entrepreneurship at all levels and developing Swedish knowledge
economy. This paper is aiming to draw on the experiences of two leading
Swedish universities, addressing their transformation approach to
create entrepreneurial universities and fulfilling their objectives in the
era of knowledge economy. The objectives of the paper include: 1) Introducing the Swedish
higher education and its characteristics. 2) Examining the
infrastructure elements for innovation and Entrepreneurship at two of
the Swedish entrepreneurial universities. 3) Addressing the key
aspects of support systems in the initiatives of both Chalmers and
Gothenburg universities to support innovation and advance
entrepreneurial practices. The paper will contribute to two discourses: 1) Examining the
relationship between support systems for innovation and
entrepreneurship and the Universities’ policies and practices. 2)
Lessons for University leaders to assist the development and
implementation of effective innovation and entrepreneurship policies
and practices.
Abstract: This study aims to increase understanding of the
transition of business models in servitization. The significance of
service in all business has increased dramatically during the past
decades. Service-dominant logic (SDL) describes this change in the
economy and questions the goods-dominant logic on which business
has primarily been based in the past. A business model canvas is one
of the most cited and used tools in defining end developing business
models. The starting point of this paper lies in the notion that the
traditional business model canvas is inherently goods-oriented and
best suits for product-based business. However, the basic differences
between goods and services necessitate changes in business model
representations when proceeding in servitization. Therefore, new
knowledge is needed on how the conception of business model and
the business model canvas as its representation should be altered in
servitized firms in order to better serve business developers and interfirm
co-creation. That is to say, compared to products, services are
intangible and they are co-produced between the supplier and the
customer. Value is always co-created in interaction between a
supplier and a customer, and customer experience primarily depends
on how well the interaction succeeds between the actors. The role of
service experience is even stronger in service business compared to
product business, as services are co-produced with the customer. This paper provides business model developers with a service
business model canvas, which takes into account the intangible,
interactive, and relational nature of service. The study employs a
design science approach that contributes to theory development via
design artifacts. This study utilizes qualitative data gathered in
workshops with ten companies from various industries. In particular,
key differences between Goods-dominant logic (GDL) and SDLbased
business models are identified when an industrial firm
proceeds in servitization. As the result of the study, an updated version of the business
model canvas is provided based on service-dominant logic. The
service business model canvas ensures a stronger customer focus and
includes aspects salient for services, such as interaction between
companies, service co-production, and customer experience. It can be
used for the analysis and development of a current service business
model of a company or for designing a new business model. It
facilitates customer-focused new service design and service
development. It aids in the identification of development needs, and
facilitates the creation of a common view of the business model.
Therefore, the service business model canvas can be regarded as a
boundary object, which facilitates the creation of a common
understanding of the business model between several actors involved.
The study contributes to the business model and service business
development disciplines by providing a managerial tool for
practitioners in service development. It also provides research insight
into how servitization challenges companies’ business models.
Abstract: Main purpose of this study is to identify the impact of
government expenditure on economic growth in Asian Countries.
Consequently, main objective is to analyze whether government
expenditure causes economic growth in Asian countries vice versa
and then scrutinizing long-run equilibrium relationship exists
between them. The study completely based on secondary data. The
methodology being quantitative that includes econometrical
techniques of cointegration, panel fixed effects model and granger
causality in the context of panel data of Asian countries; Singapore,
Malaysia, Thailand, South Korea, Japan, China, Sri Lanka, India and
Bhutan with 44 observations in each country, totaling to 396
observations from 1970 to 2013. The model used is the random
effects panel OLS model. As with the above methodology, the study
found the fascinating outcome. At first, empirical findings exhibit a
momentous positive impact of government expenditure on Gross
Domestic Production in Asian region. Secondly, government
expenditure and economic growth indicate a long-run relationship in
Asian countries. In conclusion, there is a unidirectional causality
from economic growth to government expenditure and government
expenditure to economic growth in Asian countries. Hence the study
is validated that it is in line with the Keynesian theory and Wagner’s
law as well. Consequently, it can be concluded that role of
government would play a vital role in economic growth of Asian
Countries. However; if government expenditure did not figure out
with the economy’s needs it might be considerably inspiration the
economy in a negative way so that society bears the costs.
Abstract: This paper seeks to assess the implications of bank
consolidation on the performance of small and medium scale
enterprises in the Nigerian economy. Multiple linear regression
technique and correlation matrix test were employed to measure the
extent to which small and medium scale enterprises asset size,
survival and access to credit were influenced. The result showed that
bank deposit (BD) and bank credit (L or BC) impacted on asset size
and survival of small and medium scale enterprises. None of the
variables had significant impact on SMEs access to credit. There is a
shift of focus by commercial banks away from small and medium
scale enterprises (small customers), which is evidenced by the
significant negative influence of bank credit to both the survival and
asset size of small and medium enterprises. While micro finance
banks work hard at providing funds to small and medium scale
entrepreneurs, their capacity to meet the needs of these entrepreneurs
is constrained. CBN should make policies that will boost micro
finance bank’s capital and also monitor closely the management of
the banks to ensure prudent financing of small and medium scale
investments.
Abstract: This study analyzes the critical gaps in the
architecture of European stability and the expected role of the
banking union as the new important step towards completing the
Economic and Monetary Union that should enable the creation of
safe and sound financial sector for the euro area market. The single
rulebook together with the Single Supervisory Mechanism and the
Single Resolution Mechanism - as two main pillars of the banking
union, should provide a consistent application of common rules and
administrative standards for supervision, recovery and resolution of
banks – with the final aim of replacing the former bail-out practice
with the bail-in system through which possible future bank failures
would be resolved by their own funds, i.e. with minimal costs for
taxpayers and real economy. In this way, the vicious circle between
banks and sovereigns would be broken. It would also reduce the
financial fragmentation recorded in the years of crisis as the result of
divergent behaviors in risk premium, lending activities and interest
rates between the core and the periphery. In addition, it should
strengthen the effectiveness of monetary transmission channels, in
particular the credit channels and overflows of liquidity on the money
market which, due to the fragmentation of the common financial
market, has been significantly disabled in period of crisis. However,
contrary to all the positive expectations related to the future
functioning of the banking union, major findings of this study
indicate that characteristics of the economic system in which the
banking union will operate should not be ignored. The euro area is an
integration of strong and weak entities with large differences in
economic development, wealth, assets of banking systems, growth
rates and accountability of fiscal policy. The analysis indicates that
low and unbalanced economic growth remains a challenge for the
maintenance of financial stability and this problem cannot be
resolved just by a single supervision. In many countries bank assets
exceed their GDP by several times and large banks are still a matter
of concern, because of their systemic importance for individual
countries and the euro zone as a whole. The creation of the Single
Supervisory Mechanism and the Single Resolution Mechanism is a
response to the European crisis, which has particularly affected
peripheral countries and caused the associated loop between the
banking crisis and the sovereign debt crisis, but has also influenced
banks’ balance sheets in the core countries, as the result of crossborder
capital flows. The creation of the SSM and the SRM should
prevent the similar episodes to happen again and should also provide
a new opportunity for strengthening of economic and financial
systems of the peripheral countries. On the other hand, there is a
potential threat that future focus of the ECB, resolution mechanism
and other relevant institutions will be extremely oriented towards
large and significant banks (whereby one half of them operate in the
core and most important euro area countries), and therefore it remains
questionable to what extent will the common resolution funds will be used for rescue of less important institutions. Recent geopolitical
developments will be the optimal indicator to show whether the
previously established mechanisms are sufficient enough to maintain
the adequate financial stability in the euro area market.
Abstract: A lower consumption of thermal energy will
contribute not only to a reduction in the running costs, but also in the
reduction of pollutant emissions that contribute to the greenhouse
effect. Cogeneration or CHP (Combined Heat and Power) is the
system that produces power and usable heat simultaneously by
decreasing the pollutant emissions and increasing the efficiency.
Combined production of mechanical or electrical and thermal energy
using a simple energy source, such as oil, coal, natural or liquefied
gas, biomass or the sun; affords remarkable energy savings and
frequently makes it possible to operate with greater efficiency when
compared to a system producing heat and power separately. This
study aims to bring out the contributions of cogeneration systems to
the environment and sustainability by saving the energy and reducing
the emissions. In this way we made a comprehensive investigation in
the literature by focusing on the environmental aspects of the
cogeneration systems. In the light of these studies we reached that,
cogeneration systems must be consider in sustainability and their
benefits on protecting the ecology must be investigated.