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: Three purified diets were formulated using fish meal,
soya bean, wheat flour, palm oil, minerals and maltose. The
carbohydrate in the diets was increased from 5 to 15% by changing
the cellulose content to study the effect of dietary carbohydrate level
on the growth parameters of Nile tilapia Oreochromis niloticus. The
protein and the lipid contents were kept constant in all the diets. The
results showed that, weight gain, protein efficiency ratio, net protein
utilisation and hepatosomatic index of fish fed the diet containing
15% cellulose were the lowest among all groups. Addition, the fish
fed the diet containing 5% cellulose had the best specific growth rate,
and food conversion ratio. While, there was no effect of the dietary
cellulose levels on condition factor and survival rate. These results
indicate that Nile tilapia fingerlings are able to utilize dietary
cellulose does not exceed 10% in their feed for optimum growth.
Abstract: The first laboratory synthesis of hard materials such as
diamond proceeded to attack of developing materials with high
hardness to compete diamond. Boron rich solids are good candidates
owing to their short interatomic bond lengths and strong covalent
character. Boron containing hard material was synthesized by modifiedmicrowave
method under nitrogen atmosphere by using a fuel
(glycine or urea), amorphous boron and/or boric acid in appropriate
molar ratio. Characterizations were done by x-ray diffraction (XRD),
Fourier transform infrared (FTIR) spectroscopy, scanning electron
microscopy/energy dispersive analyze (SEM/EDS), thermo
gravimetric/differential thermal analysis (TG/DTA).
Abstract: In this paper, temperature extremes are forecast by
employing the block maxima method of the Generalized extreme
value(GEV) distribution to analyse temperature data from the
Cameroon Development Corporation (C.D.C). By considering two sets
of data (Raw data and simulated data) and two (stationary and
non-stationary) models of the GEV distribution, return levels analysis
is carried out and it was found that in the stationary model, the
return values are constant over time with the raw data while in the
simulated data, the return values show an increasing trend but with
an upper bound. In the non-stationary model, the return levels of
both the raw data and simulated data show an increasing trend but
with an upper bound. This clearly shows that temperatures in the
tropics even-though show a sign of increasing in the future, there
is a maximum temperature at which there is no exceedence. The
results of this paper are very vital in Agricultural and Environmental
research.
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: The current tools for real time management of sewer
systems are based on two software tools: the software of weather
forecast and the software of hydraulic simulation. The use of the first
ones is an important cause of imprecision and uncertainty, the use of
the second requires temporal important steps of decision because of
their need in times of calculation. This way of proceeding fact that
the obtained results are generally different from those waited. The major idea of this project is to change the basic paradigm by
approaching the problem by the "automatic" face rather than by that
"hydrology". The objective is to make possible the realization of a
large number of simulations at very short times (a few seconds)
allowing to take place weather forecasts by using directly the real
time meditative pluviometric data. The aim is to reach a system
where the decision-making is realized from reliable data and where
the correction of the error is permanent. A first model of control laws was realized and tested with different
return-period rainfalls. The gains obtained in rejecting volume vary
from 19 to 100 %. The development of a new algorithm was then
used to optimize calculation time and thus to overcome the
subsequent combinatorial problem in our first approach. Finally, this
new algorithm was tested with 16- year-rainfall series. The obtained
gains are 40 % of total volume rejected to the natural environment
and of 65 % in the number of discharges.
Abstract: It is the patient compliance and stability in
combination with controlled drug delivery and biocompatibility that
forms the core feature in present research and development of
sustained biodegradable patch formulation intended for wound
healing. The aim was to impart sustained degradation, sterile
formulation, significant folding endurance, elasticity,
biodegradability, bio-acceptability and strength. The optimized
formulation comprised of polymers including Hydroxypropyl methyl
cellulose, Ethylcellulose, and Gelatin, and Citric Acid PEG Citric
acid (CPEGC) triblock dendrimers and active Curcumin. Polymeric
mixture dissolved in geometric order in suitable medium through
continuous stirring under ambient conditions. With continued stirring
Curcumin was added with aid of DCM and Methanol in optimized
ratio to get homogenous dispersion. The dispersion was sonicated
with optimum frequency and for given time and later casted to form a
patch form. All steps were carried out under strict aseptic conditions.
The formulations obtained in the acceptable working range were
decided based on thickness, uniformity of drug content, smooth
texture and flexibility and brittleness. The patch kept on stability
using butter paper in sterile pack displayed folding endurance in
range of 20 to 23 times without any evidence of crack in an
optimized formulation at room temperature (RT) (24 ± 2°C). The
patch displayed acceptable parameters after stability study conducted
in refrigerated conditions (8±0.2°C) and at RT (24 ± 2°C) up to 90
days. Further, no significant changes were observed in critical
parameters such as elasticity, biodegradability, drug release and drug
content during stability study conducted at RT 24±2°C for 45 and 90
days. The drug content was in range 95 to 102%, moisture content
didn’t exceeded 19.2% and patch passed the content uniformity test.
Percentage cumulative drug release was found to be 80% in 12h and
matched the biodegradation rate as drug release with correlation
factor R2>0.9. The biodegradable patch based formulation developed
shows promising results in terms of stability and release profiles.
Abstract: This study discusses a Turkish music education model
similar to its Venezuelan counterpart El Sistema, in which
socialization and human development are the main goals. The Music
for Peace (Baris Icin Muzik) model, founded in 2005 by an idealist
humanitarian in Istanbul, started as a pilot project with accordion and
today makes symphonic music education. The program aims to offer
social change through free-of-charge. In such a big city like Istanbul, in a deprived inner city center
people have poor economic, social and cultural conditions. In that
Edirnekapi district people don’t have opportunities to join the cultural
and social life, like music or sports. It is believed that this initiative
covered a part of this gap by giving children the opportunities to
participate in social and cultural life. In this study it is planned to understand what social changes could
music education could make in children’s lives. In the complimentary
music lessons children works in groups, which helps them to learn
the feelings of solidarity, friendship, communion and sharing. By Music for Peace project children connect with the community,
they have the belief to succeed in life because they feel that they are
loved by their friends, instructors and families. In short they feel that
they are important, thus brings the success in life. Additionally, it is
believed that, this program has achieved success. Today
approximately 400 children participate in this programs orchestras
and choirs. Some of the students get into the conservatories. And the
center is not just a place where they get music lessons but also a place
where they get socialized. And music education helps children to
have strong sense of identity, self-confidence and self-esteem.
Abstract: In this article, we deal with a variant of the classical
course timetabling problem that has a practical application in many
areas of education. In particular, in this paper we are interested in
high schools remedial courses. The purpose of such courses is to
provide under-prepared students with the skills necessary to succeed
in their studies. In particular, a student might be under prepared in
an entire course, or only in a part of it. The limited availability
of funds, as well as the limited amount of time and teachers at
disposal, often requires schools to choose which courses and/or which
teaching units to activate. Thus, schools need to model the training
offer and the related timetabling, with the goal of ensuring the
highest possible teaching quality, by meeting the above-mentioned
financial, time and resources constraints. Moreover, there are some
prerequisites between the teaching units that must be satisfied. We
first present a Mixed-Integer Programming (MIP) model to solve
this problem to optimality. However, the presence of many peculiar
constraints contributes inevitably in increasing the complexity of
the mathematical model. Thus, solving it through a general-purpose
solver may be performed for small instances only, while solving
real-life-sized instances of such model requires specific techniques
or heuristic approaches. For this purpose, we also propose a heuristic
approach, in which we make use of a fast constructive procedure
to obtain a feasible solution. To assess our exact and heuristic
approaches we perform extensive computational results on both
real-life instances (obtained from a high school in Lecce, Italy) and
randomly generated instances. Our tests show that the MIP model is
never solved to optimality, with an average optimality gap of 57%.
On the other hand, the heuristic algorithm is much faster (in about the
50% of the considered instances it converges in approximately half of
the time limit) and in many cases allows achieving an improvement
on the objective function value obtained by the MIP model. Such an
improvement ranges between 18% and 66%.
Abstract: This paper is concerned with the single-item
continuous review inventory system in which demand is stochastic
and discrete. The budget consumed for purchasing the ordered items
is not restricted but it incurs extra cost when exceeding specific
value. The unit purchasing price depends on the quantity ordered
under the all-units discounts cost structure. In many actual systems,
the budget as a resource which is occupied by the purchased items is
limited and the system is able to confront the resource shortage by
charging more costs. Thus, considering the resource shortage costs as
a part of system costs, especially when the amount of resource
occupied by the purchased item is influenced by quantity discounts,
is well motivated by practical concerns. In this paper, an optimization
problem is formulated for finding the optimal (r, Q) policy, when the
system is influenced by the budget limitation and a discount pricing
simultaneously. Properties of the cost function are investigated and
then an algorithm based on a one-dimensional search procedure is
proposed for finding an optimal (r, Q) policy which minimizes the
expected system costs.
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: In this paper, we provided a literature survey on the
artificial stock problem (ASM). The paper began by exploring the
complexity of the stock market and the needs for ASM. ASM
aims to investigate the link between individual behaviors (micro
level) and financial market dynamics (macro level). The variety of
patterns at the macro level is a function of the AFM complexity. The
financial market system is a complex system where the relationship
between the micro and macro level cannot be captured analytically.
Computational approaches, such as simulation, are expected to
comprehend this connection. Agent-based simulation is a simulation
technique commonly used to build AFMs. The paper proceeds by
discussing the components of the ASM. We consider the roles
of behavioral finance (BF) alongside the traditionally risk-averse
assumption in the construction of agent’s attributes. Also, the
influence of social networks in the developing of agents interactions is
addressed. Network topologies such as a small world, distance-based,
and scale-free networks may be utilized to outline economic
collaborations. In addition, the primary methods for developing
agents learning and adaptive abilities have been summarized.
These incorporated approach such as Genetic Algorithm, Genetic
Programming, Artificial neural network and Reinforcement Learning.
In addition, the most common statistical properties (the stylized facts)
of stock that are used for calibration and validation of ASM are
discussed. Besides, we have reviewed the major related previous
studies and categorize the utilized approaches as a part of these
studies. Finally, research directions and potential research questions
are argued. The research directions of ASM may focus on the macro
level by analyzing the market dynamic or on the micro level by
investigating the wealth distributions of the agents.
Abstract: Research Objectives: The roles and activities of
Human Resource Management (HRM) have changed a lot in the past
years. Driven by a changing environment and therefore new business
requirements, the scope of human resource (HR) activities has
widened. The extent to which these activities should focus on
strategic issues to support the long term success of a company has
been discussed in science for many years. As many economies of
Central and Eastern Europe (CEE) experienced a phase of transition
after the socialist era and are now recovering from the 2008 global
crisis it is needed to examine the current state of HR positioning.
Furthermore a trend in HR work developing from rather
administrative units to being strategic partners of management can be
noticed. This leads to the question of better understanding the
underlying competencies which are necessary to support
organisations. This topic was addressed by the international study
“HR Competencies in international comparison”. The quantitative
survey was conducted by the Institute for Human Resources &
Organisation of FHWien University of Applied Science of WKW (A)
in cooperation with partner universities in the countries Bosnia-
Herzegovina, Croatia, Serbia and Slovenia. Methodology: Using the
questionnaire developed by Dave Ulrich we tested whether the HR
Competency model can be used for Austria, Bosnia and Herzegovina,
Croatia, Serbia and Slovenia. After performing confirmatory and
exploratory factor analysis for the whole data set containing all five
countries we could clearly distinguish between four competencies. In
a further step our analysis focused on median and average
comparisons between the HR competency dimensions. Conclusion:
Our literature review, in alignment with other studies, shows a
relatively rapid pace of development of HR Roles and HR
Competencies in BCSS in the past decades. Comparing data from
BCSS and Austria we still can notice that regards strategic orientation
there is a lack in BCSS countries, thus competencies are not as
developed as in Austria. This leads us to the tentative conclusion that
HR has undergone a rapid change but is still in a State of Transition
from being a rather administrative unit to performing the role of a
strategic partner.
Abstract: In recent decades, particulate matter (PM10) have
received much attention due to its potential adverse health impact and
the subsequent need to better control or regulate these pollutants.
The aim of this paper is focused on study risk assessment of PM10
in four different districts (Shebikah, Masfalah, Aziziyah, Awali) in
Makkah, Saudi Arabia during the period from 1 Ramadan 1434 AH -
27 Safar 1435 AH. Samples were collected by using Low Volume
Sampler (LVS Low Volume Sampler) device and filtration method
for estimating the total concentration of PM10.
The study indicated that the mean PM10 concentrations were 254.6
(186.1 - 343.2) μg/m3 in Shebikah, 184.9 (145.6 - 271.4) μg/m3 in
Masfalah, 162.4 (92.4-253.8) μg/m3 in Aziziyah, and 56.0 (44.5 -
119.8) μg/m3 in Awali. These values did not exceed the permissible
limits in PME (340 μg/m3 as daily average). Furthermore, health
assessment is carried out using AirQ2.2.3 model to estimate the
number of hospital admissions due to respiratory diseases. The
cumulative number of cases per 100,000 were 1534 (18-3050 case),
which lower than that recorded in the United States, Malaysia. The
concentration response coefficient was 0.49 (95% CI 0.05 - 0.70) per
10 μg/m3 increase of PM10.
Abstract: Remote arid areas of the vast expanses of the African
deserts hold huge subterranean reserves of brackish water resources
waiting for economic development. This work presents design
guidelines as well as initial performance data of new autonomous
solar desalination equipment which could help local communities
produce their own fresh water using solar energy only and, why not,
contribute to transforming desert lands into lush gardens. The output
of solar distillation equipments are typically low and in the range of 3
l/m2/day on the average. This new design with an integrated, water
based, environmentally-friendly solar heat storage system produced 5
l/m2/day in early spring weather. Equipment output during summer
exceeded 9 liters per m2 per day.
Abstract: In this study, breeding biology and induced breeding
of freshwater mud eel, Monopterus cuchia was observed during the
experimental period from February to June, 2013. Breeding biology
of freshwater mud eel, Monopterus cuchia was considered in terms of
gonadosomatic index, length-weight relationship of gonad, ova
diameter and fecundity. The ova diameter was recorded from 0.3 mm
to 4.30 mm and the individual fecundity was recorded from 155 to
1495 while relative fecundity was found from 2.64 to 12.45. The
fecundity related to body weight and length of fish was also
discussed. A peak of GSI was observed 2.14±0.2 in male and 5.1
±1.09 in female. Induced breeding of freshwater mud eel,
Monopterus cuchia was also practiced with different doses of
different inducing agents like pituitary gland (PG), human chorionic
gonadotropin (HCG), Gonadotropin releasing hormone (GnRH) and
Ovuline-a synthetic hormone in different environmental conditions.
However, it was observed that the artificial breeding of freshwater
mud eel, Monopterus cuchia was not yet succeeded through inducing
agents in captive conditions, rather the inducing agent showed
negative impacts on fecundity and ovarian tissues. It was seen that
mature eggs in the oviduct were reduced, absorbed and some eggs
were found in spoiled condition.
Abstract: The flow duration curve (FDC) is an informative
method that represents the flow regime’s properties for a river basin.
Therefore, the FDC is widely used for water resource projects such as
hydropower, water supply, irrigation and water quality management.
The primary purpose of this study is to obtain synthetic daily flow
duration curves for Çoruh Basin, Turkey. For this aim, we firstly
developed univariate auto-regressive moving average (ARMA)
models for daily flows of 9 stations located in Çoruh basin and then
these models were used to generate 100 synthetic flow series each
having same size as historical series. Secondly, flow duration curves
of each synthetic series were drawn and the flow values exceeded 10,
50 and 95% of the time and 95% confidence limit of these flows were
calculated. As a result, flood, mean and low flows potential of Çoruh
basin will comprehensively be represented.
Abstract: The rationale behind this study is considering
combating and preventing the phenomenon of trafficking in human
beings from a multidisciplinary perspective that involves many layers
of the society.
Trafficking in human beings is an abhorrent phenomenon highly
affecting negatively the victims and their families in both human and
material aspect, sometimes causing irreversible damages. The longer
term effects of this phenomenon, in countries with a weak economic
development and extremely young and dynamic population, such as
Kosovo, without proper measures to prevented and control can cause
tremendous damages in the society. Given the fact that a complete
eradication of this phenomenon is almost impossible, efforts should
be concentrated at least on the prevention and controlling aspects.
Treating trafficking in human beings based on traditional police
tactics, methods and proceedings cannot bring satisfactory results.
There is no doubt that a multi-disciplinary approach is an
irreplaceable requirement, in other words, a combination of authentic
and functional proactive and reactive methods, techniques and tactics.
Obviously, police must exercise its role in preventing and combating
trafficking in human beings, a role sanctioned by the law, however,
police role and contribution cannot by any means considered
complete if all segments of the society are not included in these
efforts. Naturally, civil society should have an important share in
these collaborative and interactive efforts especially in preventive
activities such as: awareness on trafficking risks and damages,
proactive engagement in drafting appropriate legislation and
strategies, law enforcement monitoring and direct or indirect
involvement in protective and supporting activities which benefit the
victims of trafficking etc.
Abstract: This work is the first dowel in a rather wide research
activity in collaboration with Euro Mediterranean Center for Climate
Changes, aimed at introducing scalable approaches in Ocean
Circulation Models. We discuss designing and implementation of
a parallel algorithm for solving the Variational Data Assimilation
(DA) problem on Graphics Processing Units (GPUs). The algorithm
is based on the fully scalable 3DVar DA model, previously proposed
by the authors, which uses a Domain Decomposition approach
(we refer to this model as the DD-DA model). We proceed with
an incremental porting process consisting of 3 distinct stages:
requirements and source code analysis, incremental development of
CUDA kernels, testing and optimization. Experiments confirm the
theoretic performance analysis based on the so-called scale up factor
demonstrating that the DD-DA model can be suitably mapped on
GPU architectures.