Abstract: This exploratory study gives an overview of the
evolution of the main financial and performance indicators of the
Academic Spin-Off’s and High Growth Academic Spin-Off’s in year
3 and year 6 after its creation in the region of Catalonia in Spain. The
study compares and evaluates results of these different measures of
performance and the degree of success of these companies for each
University.
We found that the average Catalonian Academic Spin-Off is small
and have not achieved the sustainability stage at year 6. On the
contrary, a small group of High Growth Academic Spin-Off’s
exhibits robust performance with high profits in year 6. Our results
support the need to increase selectivity and support for these
companies especially near year 3, because are the ones that will bring
wealth and employment. University role as an investor has rigid
norms and habits that impede an efficient economic return from their
ASO investment.
Universities with high performance on sales and employment in
year 3 not always could sustain this growth in year 6 because their
ASO’s are not profitable. On the contrary, profitable ASO exhibit
superior performance in all measurement indicators in year 6. We
advocate the need of a balanced growth (with profits) as a way to
obtain subsequent continuous growth.
Abstract: For optimal unbiased filter as mean-square and in the
case of functioning anomalous noises in the observation memory
channel, we have proved insensitivity of filter to inaccurate
knowledge of the anomalous noise intensity matrix and its
equivalence to truncated filter plotted only by non anomalous
components of an observation vector.
Abstract: Traditional document representation for classification
follows Bag of Words (BoW) approach to represent the term weights.
The conventional method uses the Vector Space Model (VSM) to
exploit the statistical information of terms in the documents and they
fail to address the semantic information as well as order of the terms
present in the documents. Although, the phrase based approach
follows the order of the terms present in the documents rather than
semantics behind the word. Therefore, a semantic concept based
approach is used in this paper for enhancing the semantics by
incorporating the ontology information. In this paper a novel method
is proposed to forecast the intraday stock market price directional
movement based on the sentiments from Twitter and money control
news articles. The stock market forecasting is a very difficult and
highly complicated task because it is affected by many factors such
as economic conditions, political events and investor’s sentiment etc.
The stock market series are generally dynamic, nonparametric, noisy
and chaotic by nature. The sentiment analysis along with wisdom of
crowds can automatically compute the collective intelligence of
future performance in many areas like stock market, box office sales
and election outcomes. The proposed method utilizes collective
sentiments for stock market to predict the stock price directional
movements. The collective sentiments in the above social media have
powerful prediction on the stock price directional movements as
up/down by using Granger Causality test.
Abstract: Parabolic solar trough systems have seen limited
deployments in cold northern climates as they are more suitable for
electricity production in southern latitudes. A numerical dynamic
model is developed to simulate troughs installed in cold climates and
validated using a parabolic solar trough facility in Winnipeg. The
model is developed in Simulink and will be utilized to simulate a trigeneration
system for heating, cooling and electricity generation in
remote northern communities. The main objective of this simulation
is to obtain operational data of solar troughs in cold climates and use
the model to determine ways to improve the economics and address
cold weather issues.
In this paper the validated Simulink model is applied to simulate a
solar assisted absorption cooling system along with electricity
generation using Organic Rankine Cycle (ORC) and thermal storage.
A control strategy is employed to distribute the heated oil from solar
collectors among the above three systems considering the
temperature requirements. This modelling provides dynamic
performance results using measured meteorological data recorded
every minute at the solar facility location. The purpose of this
modeling approach is to accurately predict system performance at
each time step considering the solar radiation fluctuations due to
passing clouds. Optimization of the controller in cold temperatures is
another goal of the simulation to for example minimize heat losses in
winter when energy demand is high and solar resources are low.
The solar absorption cooling is modeled to use the generated heat
from the solar trough system and provide cooling in summer for a
greenhouse which is located next to the solar field.
The results of the simulation are presented for a summer day in
Winnipeg which includes comparison of performance parameters of
the absorption cooling and ORC systems at different heat transfer
fluid (HTF) temperatures.
Abstract: Dengue outbreaks are affected by biological,
ecological, socio-economic and demographic factors that vary over
time and space. These factors have been examined separately and still
require systematic clarification. The present study aimed to investigate
the spatial-temporal clustering relationships between these factors and
dengue outbreaks in the northern region of Sri Lanka. Remote sensing
(RS) data gathered from a plurality of satellites were used to develop
an index comprising rainfall, humidity and temperature data. RS data
gathered by ALOS/AVNIR-2 were used to detect urbanization, and a
digital land cover map was used to extract land cover information.
Other data on relevant factors and dengue outbreaks were collected
through institutions and extant databases. The analyzed RS data and
databases were integrated into geographic information systems,
enabling temporal analysis, spatial statistical analysis and space-time
clustering analysis. Our present results showed that increases in the
number of the combination of ecological factor and socio-economic
and demographic factors with above the average or the presence
contribute to significantly high rates of space-time dengue clusters.
Abstract: Improved resource efficiency of production is a key
requirement for sustainable growth, worldwide. In this regards, by
considering the energy and tourism as the extra inputs to the classical
Coub-Douglas production function, this study aims at investigating
the efficiency changes in the North African countries. To this end, the
study uses panel data for the period 1995-2010 and adopts the
Malmquist index based on the data envelopment analysis. Results
show that tourism increases technical and scale efficiencies, while it
decreases technological and total factor productivity changes. On the
other hand, when the production function is augmented by the energy
input; technical efficiency change decreases, while the technological
change, scale efficiency change and total factor productivity change
increase. Thus, in order to satisfy the needs for sustainable growth,
North African governments should take some measures for increasing
the contribution that the tourism makes to economic growth and some
others for efficient use of resources in the energy sector.
Abstract: Applications of the Hausdorff space and its mappings
into tangent spaces are outlined, including their fractal dimensions
and self-similarities. The paper details this theory set up and further
describes virtualizations and atomization of manufacturing processes.
It demonstrates novel concurrency principles that will guide
manufacturing processes and resources configurations. Moreover,
varying levels of details may be produced by up folding and breaking
down of newly introduced generic models. This choice of layered
generic models for units and systems aspects along specific aspects
allows research work in parallel to other disciplines with the same
focus on all levels of detail. More credit and easier access are granted
to outside disciplines for enriching manufacturing grounds. Specific
mappings and the layers give hints for chances for interdisciplinary
outcomes and may highlight more details for interoperability
standards, as already worked on the international level. The new rules
are described, which require additional properties concerning all
involved entities for defining distributed decision cycles, again on the
base of self-similarity. All properties are further detailed and assigned
to a maturity scale, eventually displaying the smartness maturity of a
total shopfloor or a factory. The paper contributes to the intensive
ongoing discussion in the field of intelligent distributed
manufacturing and promotes solid concepts for implementations of
Cyber Physical Systems and the Internet of Things into
manufacturing industry, like industry 4.0, as discussed in German-speaking
countries.
Abstract: In this paper we propose a discrete tracking control of
nonholonomic mobile robots with two degrees of freedom. The
electromechanical model of a mobile robot moving on a horizontal
surface without slipping, with two rear wheels controlled by two
independent DC electric, and one front roal wheel is considered. We
present backstepping design based on the Euler approximate discretetime
model of a continuous-time plant. Theoretical considerations are
verified by numerical simulation.
Abstract: An innovative concept called “Flexy-Energy” is developing at 2iE. This concept aims to produce electricity at lower cost by smartly mix different available energy sources in accordance to the load profile of the region. With a higher solar irradiation and due to the fact that Diesel generator are massively used in sub-Saharan rural areas, PV/Diesel hybrid systems could be a good application of this concept and a good solution to electrify this region, provided they are reliable, cost effective and economically attractive to investors. Presentation of the developed approach is the aims of this paper. The PV/Diesel hybrid system designed consists to produce electricity and/or heat from a coupling between Diesel Diesel generators and PV panels without batteries storage, while ensuring the substitution of gasoil by bio-fuels available in the area where the system will be installed. The optimal design of this system is based on his technical performances; the Life Cycle Cost (LCC) and Levelized Cost of Energy are developed and use as economic criteria. The Net Present Value (NPV), the internal rate of return (IRR) and the discounted payback (DPB) are also evaluated according to dual electricity pricing (in sunny and unsunny hours). The PV/Diesel hybrid system obtained is compared to the standalone Diesel Diesel generators. The approach carried out in this paper has been applied to Siby village in Mali (Latitude 12 ° 23'N 8 ° 20'W) with 295 kWh as daily demand.This approach provides optimal physical characteristics (size of the components, number of component) and dynamical characteristics in real time (number of Diesel generator on, their load rate, fuel specific consumptions, and PV penetration rate) of the system. The system obtained is slightly cost effective; but could be improved with optimized tariffing strategies.
Abstract: The effect of transition metal doping on Pt/Al2O3
catalyst used in propane dehydrogenation reaction at 500°C was
studied. The preparation methods investigated were sequential
impregnation (Pt followed by the 2nd metal or the 2nd metal followed
by Pt) and co-impregnation. The metal contents of these catalysts
were fixed as the weight ratio of Pt per the 2nd metal of around 0.075.
These catalysts were characterized by N2-physisorption, TPR, COchemisorption
and NH3-TPD. It was found that the impregnated 2nd
metal had an effect upon reducibility of Pt due to its interaction with
transition metal-containing structure. This was in agreement with the
CO-chemisorption result that the presence of Pt metal, which is a
result from Pt species reduction, was decreased. The total acidity of
bimetallic catalysts is decreased but the strong acidity is slightly
increased. It was found that the stability of bimetallic catalysts
prepared by co-impregnation and sequential impregnation where the
2nd metal was impregnated before Pt were better than that of
monometallic catalyst (undoped Pt one) due to the forming of Pt sites
located on the transition metal-oxide modified surface. Among all
preparation methods, the sequential impregnation method- having Pt
impregnated before the 2nd metal gave the worst stability because this
catalyst lacked the modified Pt sites and some fraction of Pt sites was
covered by the 2nd metal.
Abstract: Robotics brings together several very different
engineering areas and skills. There are various types of robot such as
humanoid robot, mobile robots, remotely operated vehicles, modern
autonomous robots etc. This survey paper advocates the operation of a
robotic car (remotely operated vehicle) that is controlled by a mobile
phone (communicate on a large scale over a large distance even from
different cities). The person makes a call to the mobile phone placed
in the car. In the case of a call, if any one of the button is pressed, a
tone equivalent to the button pressed is heard at the other end of the
call. This tone is known as DTMF (Dual Tone Multiple Frequency).
The car recognizes this DTMF tone with the help of the phone stacked
in the car. The received tone is processed by the Arduino
microcontroller. The microcontroller is programmed to acquire a
decision for any given input and outputs its decision to motor drivers
in order to drive the motors in the forward direction or backward
direction or left or right direction. The mobile phone that makes a call
to cell phone stacked in the car act as a remote.
Abstract: This paper argues nation-building theories that
prioritize democratic governance best explain the successful postindependence
development of Botswana. Three main competing
schools of thought exist regarding the sequencing of policies that
should occur to re-build weakened or failed states. The first posits
that economic development should receive foremost attention, while
democratization and a binding sense of nationalism can wait. A
second group of experts identified constructing a sense of nationalism
among a populace is necessary first, so that the state receives popular
legitimacy and obedience that are prerequisites for development.
Botswana, though, transitioned into a multi-party democracy and
prosperous open economy due to the utilization of traditional
democratic structures, enlightened and accountable leadership, and an
educated technocratic civil service. With these political foundations
already in place when the discovery of diamonds occurred, the
resulting revenues were spent wisely on projects that grew the
economy, improved basic living standards, and attracted foreign
investment. Thus democratization preceded, and therefore provided
an accountable basis for, economic development that might otherwise
have been squandered by greedy and isolated elites to the detriment
of the greater population. Botswana was one of the poorest nations in
the world at the time of its independence in 1966, with little
infrastructure, a dependence on apartheid South Africa for trade, and
a largely subsistence economy. Over the next thirty years, though, its
economy grew the fastest of any nation in the world. The transparent
and judicious use of diamond returns is only a partial explanation, as
the government also pursued economic diversification, mass
education, and rural development in response to public needs.
As nation-building has become a project undertaken by nations
and multilateral agencies such as the United Nations and the North
Atlantic Treaty Organization, Botswana may provide best practices
that others should follow in attempting to reconstruct economically
and politically unstable states.
Abstract: The key role in phenomenological modelling of cyclic
plasticity is good understanding of stress-strain behaviour of given
material. There are many models describing behaviour of materials
using numerous parameters and constants. Combination of individual
parameters in those material models significantly determines whether
observed and predicted results are in compliance. Parameter
identification techniques such as random gradient, genetic algorithm
and sensitivity analysis are used for identification of parameters using
numerical modelling and simulation. In this paper genetic algorithm
and sensitivity analysis are used to study effect of 4 parameters of
modified AbdelKarim-Ohno cyclic plasticity model. Results
predicted by Finite Element (FE) simulation are compared with
experimental data from biaxial ratcheting test with semi-elliptical
loading path.
Abstract: The objective of countercyclical capital buffer is to
encourage banks to build up buffers in good times that can be drawn
down in bad times. The aim of the report is to assess such decisions
by banks derived from three approaches. The approaches are the
aggregate credit-to-GDP ratio, credit growth as well as banking
sector profits. The approaches are implemented for Estonia, Latvia
and Lithuania for the time period 2000-2012. The report compares
three approaches and analyses their relevance to the Baltic States by
testing the correlation between a growth in studied variables and a
growth of corresponding gaps. Methods used in the empirical part of
the report are econometric analysis as well as economic analysis,
development indicators, relative and absolute indicators and other
methods. The research outcome is a cross-Baltic comparison of two
alternative approaches to establish or release a countercyclical capital
buffer by banks and their implications for each Baltic country.
Abstract: Innovation plays an important role in economic
growth and development. Evolutionary economics has entrepreneurs
at the centre of the innovation system, but includes all other
participants as contributors to the performance of the innovation
system. Education and training institutions, one of the participants in
the innovation system, contributes in different ways to human capital.
The gap in literature on the competence building as part of human
capital in the analysis of innovation systems is addressed in this
paper. The Mpumalanga Province of South Africa is used as a case
study. It was found that the absence of a university, the level of
education, the quality and performance in the education sector and
the condition of the education infrastructure have not been conducive
to learning.
Abstract: In this work, we attempt to analyze the contribution of
innovative activities to firm performance and growth. We examine
economic data from some of the economies that were heavily
affected by current economic crisis: the countries of southern Europe
(Portugal, Italy, Greece and Spain) and Ireland. Following literature,
an appropriate econometric model is developed and several indicators
are tested in order to disclose possible relation with innovative
activity. Findings confirm the crucial effect of innovative process in
economic activity, in firm and country level.
Abstract: To determine the potential of a low cost Irish
engineered timber product to replace high cost solid timber for use in
bending active structures such as gridshells a single Irish engineered
timber product in the form of orientated strand board (OSB) was
selected. A comparative study of OSB and solid timber was carried
out to determine the optimum properties that make a material suitable
for use in gridshells. Three parameters were identified to be relevant
in the selection of a material for gridshells. These three parameters
are the strength to stiffness ratio, the flexural stiffness of
commercially available sections, and the variability of material and
section properties. It is shown that when comparing OSB against
solid timber, OSB is a more suitable material for use in gridshells that
are at the smaller end of the scale and that have tight radii of
curvature. Typically, for solid timber materials, stiffness is used as an
indicator for strength and engineered timber is no different. Thus, low
flexural stiffness would mean low flexural strength. However, when
it comes to bending active gridshells, OSB offers a significant
advantage. By the addition of multiple layers, an increased section
size is created, thus endowing the structure with higher stiffness and
higher strength from initial low stiffness and low strength materials
while still maintaining tight radii of curvature. This allows OSB to
compete with solid timber on large scale gridshells. Additionally, a
preliminary sustainability study using a set of sustainability indicators
was carried out to determine the relative sustainability of building a
large-scale gridshell in Ireland with a primary focus on economic
viability but a mention is also given to social and environmental
aspects. For this, the Savill garden gridshell in the UK was used as
the functional unit with the sustainability of the structural roof
skeleton constructed from UK larch solid timber being compared
with the same structure using Irish OSB. Albeit that the advantages of
using commercially available OSB in a bending active gridshell are
marginal and limited to specific gridshell applications, further study
into an optimised engineered timber product is merited.
Abstract: Power Regeneration in Refrigeration Plant concept
has been analyzed and has been shown to be capable of saving about
25% power in Cryogenic Plants with the Power Regeneration System
(PRS) running under nominal conditions. The innovative component
Compressor Expander Group (CEG) based on turbomachinery has
been designed and built modifying CETT compressor and expander,
both selected for optimum plant performance. Experiments have
shown the good response of the turbomachines to run with R404a as
working fluid. Power saving up to 12% under PRS derated conditions
(50% loading) has been demonstrated. Such experiments allowed
predicting a power saving up to 25% under CEG full load.
Abstract: Theory of interpretation of electromagnetic fields studied in the electrical prospecting with direct current is mainly developed for the case of a horizontal surface observation. However in practice we often have to work in difficult terrain surface. Conducting interpretation without the influence of topography can cause non-existent anomalies on sections. This raises the problem of studying the impact of different shapes of ground surface relief on the results of electrical prospecting's research. This research examines the numerical solutions of the direct problem of electrical prospecting for two-dimensional and three-dimensional media, taking into account the terrain. The problem is solved using the method of integral equations. The density of secondary currents on the relief surface is obtained.
Abstract: In this paper, an explicit homotopic function is
constructed to compute the Hochschild homology of a finite
dimensional free k-module V. Because the polynomial algebra is of
course fundamental in the computation of the Hochschild homology
HH and the cyclic homology CH of commutative algebras, we
concentrate our work to compute HH of the polynomial algebra, by
providing certain homotopic function.