World Review of Science, Technology and Sustainable Development (19 papers in press)
Experimental studies from FT-IR with TG-DTA analysis of ferrites
by S.R. Chitra, S. Sendhilnathan, V. Gayathri, M. Sivakumar
Abstract: Mg0.40Mn0.60-xNixFe2O4spinel nanoferrites were obtained by the co-precipitation method. The as-obtained powders were characterized by XRD analysis. All nanoferrite powders obtained from different organic precursors, after synthesizing, were pure spinel phase, without secondary phases. TEM and AFM analyses confirmed that the average crystallite size, estimated from Scherrer equation, was the smallest for nanoferrites obtained from a mixture of the compounds and showing their particle size ranging from 20 nm to 50 nm. The prepared nanoferrites were characterized by Fourier Transform-Infrared Spectroscopy (FT-IR), Thermogravimetry (TG), Differential thermal analysis (DTA) and Derivative thermogravity (DTG). The results of these observations are described and discussed.
Keywords: Keywords Ferrites; Co-precipitation; FT-IR and TG/DTA.
Entrepreneurial universities and branding: A conceptual model proposal
by Aidin Salamzadeh, Hiroko Kawamorita Kesim, Yashar Salamzadeh
Abstract: After years of neglect, the concept of entrepreneurial universities is now well-elaborated as a more efficient and effective type of universities. A university, which not only considers its traditional missions, i.e. teaching, and research, but also pursues a Third Mission, i.e. entrepreneurship. Such institutions should take several issues into account, in order to become more entrepreneurial and to realize their Third Mission. Therefore, entrepreneurial universities have to pay more attention to different issues such as technology transfer, academic entrepreneurship, creating spinoffs, improving entrepreneurial activities, etc. But, how it would be possible if the university suffers from a low level of reputation? Thus, the authors try to propose a conceptual model for reinforcing the reputation/brand of the entrepreneurial universities, to make it possible for them to enter into new markets, to achieve their entrepreneurial goals, and to improve the level of socio-economic development. Also, the model reveals that how branding will help these universities to realize their Third Mission.
Keywords: Entrepreneurial University; Branding; Conceptual Model.
The link among innovation drivers, green innovation and business performance: Empirical evidence from a developing economy
by Manvendra Pratap Singh, Arpita Chakraborty, Mousumi Roy
Abstract: In recent years, growing attention among consumers, government and community towards environmental health has given importance to green innovation among industrial sector in developing economies. However, little research has been devoted to the consideration of the relation between innovation drivers, green innovation and business performance in manufacturing micro, small and medium enterprises (MSME) can also be referred as small firms and SME) in developing economies. This study aims to provide empirical evidences of green innovation to motivate manufacturing MSMEs toward environmentally responsible activities. An attempt has been made to identify individual impact of each green innovation type on business performance. Using structural equation modelling, study finds that innovation drivers trigger green innovation toward firms business performance. The research findings strongly validate the influence of innovation drivers and green innovation with 61 percent variance explained for firms business performance. The findings support the role of internal and external drivers for each green innovation type and indirect impact on business performance. Furthermore, it has been found that green process and green organizational innovation have significant impact on business performance as compared to green product innovation. Though, green product innovation has positive influence on business performance of MSMEs but to be adopted in the later stage of the business cycle to curtail the high cost associated with it. These research findings will provide a strong platform for designing strategic plans and spur adoption of green innovation in MSMEs of developing economies.
Keywords: Innovation; Innovation drivers; Business Performance; MSME; manufacturing; internal innovation drivers; external innovation drivers; structural equation modelling; India.
Assessment of drought damage of Hamoon wetland on health condition of inhabitants of Sistan region
by Majid Dahmardeh
Abstract: To assess the adverse effects of dust particles resulting from hamoun wetland on human health in Sistan in 2014, the computerized model, Air Q2.2.3 22 was used. The results showed that together with complete dryness of Hamoun wetland in a total area of 73000 hectares, the total dust emissions from the dry area is 920.53
Keywords: Hamoun wetland; pollution; dust; human health.
A brief study on the economic and technical feasibility of a small biomass power plant the case of Morretes, Paran
by Márcio Eduardo Zuba, Anderson Catapan, Marília De Souza, Marcus Vinicius Gonçalves Da Silva
Abstract: Brazil is one of the biggest agricultural producers in the world, and the uncontested leader in sugarcane production. One main by-product of sugarcane is bagasse, which has a high energy potential and is used as fuel in large thermal power generation stations located within sugar and ethanol plants. However, this is not the reality of small sugarcane producers, which use just a fraction of bagasse as animal feed, improperly discarding outdoors all the rest, thus causing many environmental problems. The objective of this paper is, from a case study conducted in a small town in Paran
Keywords: Renewable energy; Sugarcane; Biomass; Bagasse; Morretes; Energy deficit; Electricity; Energy prices; Electricity demand; Environment.
Characteristics of the Research on Value Engineering (20002015)
by Saeid Jafarzadeh-Ghoushchi, Shadi Dorosti, Saeed Asgari Tehrani
Abstract: As another administration strategy, value engineering is a successful approach to reducing expenses while enhancing execution and quality necessities. In the past several decades, great steps have been made in this field. This review investigates number of value engineering published articles since 2000 until 2015, in any journals of all the subject categories of the Science Citation Index compiled by Institute for Scientific Information (ISI), web of science and Scopus, "Value Engineering", "Value engineering analysis" and "Value Management" were used as keywords to search part of titles. The published output analysis showed that Value engineering research steadily increased over the past 15 years. The considered paper numbers in this study is more than 800, which have been published from 2000 to 2015. The two leading countries in this field are USA and China. The quantitative and qualitative investigation techniques were utilized to assess this work. Our analysis of this paper provides useful insight on the Value Engineering literature and could aid the creation and accumulation of knowledge in this scope. It is hoped that the review could be a good resource for anyone who is interested in Value Engineering research and also help to stimulate further interest in this area.
Keywords: value engineering; Literature review; value engineering analysis; Bibliometrics.
A Review on Carbon Trading: New Age Enterprise for Sustainable Development and Profitability with special reference to UAE
by Jacob Cherian, Jolly Jacob, Sherine Farouk
Abstract: This study is an attempt to analyze Carbon Emission Trading with a special focus on United Arab Emirates. The purpose of the study is to assess how far enterprises are able to sustain Carbon trading mechanism and to analyze the quantum of benefits they derive or the liabilities they encounter .The highlight of this paper is on carbon trading with respect to the Kyoto protocol. Further, it has also been elucidated that greenhouse gas emission leads to climate change. With a view to gain carbon credits, mechanisms to reduce emissions such as; clean development mechanism, joint implementation and emission trade have been presented. In this research, various types of instruments for CO2 trade have been presented which is followed by a detailed literature on carbon trading with respect to UAE. The study concludes that carbon trading in general lacks vision but could be implemented by the government through the creation of policies. As a result, enterprise development would go in tandem with sustainable development.
Keywords: Carbon Credits; Sustainable Development; Green House Gas; Ecological Footprints and Profitability.
Preparation and adsorption properties of chitosan-bound Fe3O4 magnetic nanoparticles for phenol removal from aqueous solution
by Hasti Daraei, Monireh Majlesi
Abstract: Background and Objective: The purpose of this study was the investigation of the removal of phenol with magnetic chitosan nanoparticles.rnMaterial and Methods: The magnetic chitosan nanoparticles were prepared by co-precipitation method and characterized by means of X-ray diffraction (XRD), field emission scanning electron microscope (FESM). Four independent variables, viz. contact time (1090min), pH of solution (210), initial phenol concentration (545 mg/l), and adsorbent dose (0.52.5g/l) were transformed to coded values and quadratic model was built to predict the responses. Analysis of variance (ANOVA) and t-test statistics were used to test the significance of the independent variables and their interactions. rnResults: The experimental results showed that the particles size was in the range of 3050 nm. The results showed that the Fe3O4-chitosan removed over 84% phenol within 30 min, pH 4, and sorbent dosage 1.12 g.rnConclusion: The CCD showed that the fundamental parameters were pH and initial phenol concentration had the main effect on phenol removalrn
Keywords: nanoparticles; phenol; chitosan; magnetic.
Design of an Economically Feasible Nutrient Medium for Microorganisms Using Banana Waste
by Kodali Vidya Prabhakar, Abraham Karlapudi, Neeraja Valluru, Ravi Teja, Sai Nath Bhashyam
Abstract: The management of the generated waste is a major problem in developing countries. The waste generated in the agroprocessing has been used as sources of nutrients for the microbes. In the present study, a medium has been formulated with banana fruit stalk and the microbial growth was monitored. Growth and biomass production was examined on banana stalk agar (BSA) and broth (BSB), banana stalk dextrose agar (BSDA) and broth (BSDB) using commercial potato dextrose agar (PDA) and broth (PDB) as control. It was observed that the good microbial growth was observed when compared to that of other conventional growth media. The weight of the Aspergillus niger biomass in BSDB was 1.8 g after 4 weeks of growth and the weight of the biomass in PDB was 0.9 g. The remarkable growth on BSDB may be attributed that the banana stalk is highly rich in nutrients.
Keywords: Banana Waste; Economically feasible; Nutrient medium; Microorganisms; Fungal Cultures.
Phytoremediation Potential of Selected Hydrophytes for Fluoride in Aquatic Environment
by Mamta Baunthiyal, Vinay Sharma
Abstract: Phytoremediation with aquatic plants could be an effective and economic method for improving water quality. The effectiveness of three aquatic macrophytes, viz. Hydrilla verticillata, Chara corallina and Cladophora glomerata were evaluated for their capability to remove fluoride from fluoride contaminated solutions. Different concentrations (10, 20, 50 mgL-1) of fluoride solution were taken in 1 litre plastic container having 20 g macrophytes and 500 ml fluoride solution for 10 days. Chara corallina showed better removal efficiency than other experimental macrophytes. The accumulation of fluoride of more than 1000 mgL-1 in plant tissues indicate that aquatic plants can be considered as hyperaccumulators of fluoride. Significant removal of fluoride was obtained for containers containing all aquatic plants, indicating that they can be utilized in the phytoremediation method to remove fluoride from wastewater.
Keywords: Hyperaccumulation; Fluoride; Hydrilla verticillata; Chara corallina; Cladophora glomerata; phytoremediation.
A review of the current situation, challenges and opportunities in the financial analysis of Enterprise Architectures
by Yeimi Pena, Dario Correal, Eduardo Miranda
Abstract: Enterprise Architecture (EA) has gained increasing recognition from industry and academia because of the support it provides for alignment of business and technology. To achieve this alignment, an EA responds to business concerns with technology solutions based on transition architectures. Both require support from financial analysis. Various researchers and practitioners have developed financial analysis approaches, but most i) use poorly standardized concepts, ii) ignore rapidly changing technology and iii) use limited procedures for financial analyses. This review provides specific information about the current situation of financial analysis available for EA, describes approaches found in a literature review, and proposes challenges and future research directions.
Keywords: financial analysis; enterprise architecture; transition plan; technology investment; methodologies; methods; systematic literature review.
Role of technology in brand management of Indian SMEs: An exploratory study
by Vinay Singh, Vshal Vyas, Sneha Singh Jadon
Abstract: Present study aims to explore the impact of technology development in increasing brand performance along with considering market orientation and innovative culture of the organization in Indian small and medium enterprises context. An exploratory study is conducted through structured questionnaire in Indian small and medium enterprises belonging to manufacturing sector. To find out the inter-relationships among the variables of the study, decision making trial and evaluation laboratory (DEMATEL) method is employed. The result shows that market orientation, innovative culture and technology development affects the brand performance of SMEs. Market orientation and innovative culture are found the net causing factors. Technology development and brand performance are belonging to effect group. For better competitive advantages and business performance, managers of the firm can be able to establish synergy across the organization by focusing on the market and by building innovative culture in the firm through their learning capabilities.
Keywords: Brand Performance; Innovative Culture; Market Orientation; Technology Development; DEMATEL.
A review of the econometric evidence on innovation policy instruments in Brazil
by Carlos Kawamoto, Paulo Feldmann, James Wright
Abstract: Evaluations of innovation policy instruments have shown a proliferation in growth in the last decade in Brazil ever since the publication of PINTEC, a crucial survey conducted by the Brazilian Institute of Geography and Statistics (IBGE). The sometimes contradictory results among some studies require the development of a clearer picture of the policy effects of R&D in the country. We focus on the additionality effect of inputs from various government incentives, and survey the related empirical literature dedicated to Brazil. Our results suggest that fiscal incentives for R&D activities provide a more robust additionality effect, in comparison to non-reimbursable subsidies for innovative activities. In addition, the effect occurs more robustly with low and medium technology intensive firms than it does with high technology intensity ones.
Keywords: R&D; research and development; innovation; government incentives; fiscal incentives; reimbursable incentives; innovation policy; policy instruments.
Sustainability in Development: Rethinking About Old Paradigms
by Reza Hafezi, Mohsen Bahrami, AmirNaser Akhavan
Abstract: Sustainable development has become an important issue in long-term planning due to the limitation of natural resources and ethical responsibilities to future generations to meet their needs. Some of researches in this field investigated case studies in order to answer environmental concerns. Others went behind and presented a multi-dimensional view, considering economic and social aspects, in addition. This paper suggests a comprehensive rethinking about sustainable development discourse. A three-level meta-model is presented to map interconnections between fundamental aspects of social and personal life (ethics, beliefs and values) and sustainable development. These three levels are: (1) Fundamental level (consists of a world view perspective), (2) Interactive level (frameworks in which elements of fundamental level translated to behavioral conditions) and (3) peripheral level (defines processes to form interacts with the universe) .This rethinking procedure proposed a more basically investigations to guarantee the outcomes of a sustainable development process.
Keywords: Sustainability; Sustainable Development; Future; Ethics; Social Responsibility.
Special Issue on: ICOM2015 Business, Technology and Sustainable Development in Afro-Asian Economies
Typology of Indian e-buyers: Clustering on the basis of online shopping motives
by Sanjeev Prashar, Tata Sai Vijay, Harvinder Singh, Chandan Parsad
Abstract: The exponential growth in people having access to the Internet has led to the dramatic increase in e-buyers. As in conventional retailing, consumers in the online setting vary in their preferences and choices. Marketers tend to address this diversification by segmenting consumers into homogeneous groups. The objective of this study is to identify and profile the segments on the basis of shoppers online shopping motives. Primary data was collected using a survey questionnaire, administered to online shoppers in India. For identifying clusters of respondents and profiling shoppers, two-step cluster analysis was applied. The findings of the study supported the presence of two unique e-shopper segments. The segments, Indifferent Shoppers and Involved Shoppers, varied considerably in terms of their online shopping motivations. Based on the unique characteristics of the two segments, online retailers must carve different marketing strategies to attract and retain them ensuring optimum allocation of marketing expenses. The findings of this research may be used as guidelines for the development of strategic framework by online retailers.
Keywords: Online shopping; clustering online shoppers; shopping values; web entertainment; cluster analysis.
Role of Psychological Contract between Organizational Commitment and Employee Retention: Findings from Indian Manufacturing Industries
by Rabindra Kumar Pradhan, Lalatendu Kesari Jena, Sajeet Pradhan
Abstract: Gaining awareness, understanding employees values, and the extent to which they are aligned with the organizations overall values, are important for corporate success. A psychological contract evolves as a result of such ongoing interaction between employee and employer. This kind of intangible contract is implicit towards building a sense of community in the team, promoting recognition for commitment and encouraging employees to remain as a part of the organization. It is believed that, more extensive research linking the commitment and retention with the intent of psychological contract among skilled professional may provide further insight in this matter. Employees and executives working with manufacturing industries possess specialized and hard to replace skills. Therefore, understanding the psychological contract and commitment levels may benefit the organizations to retain their valuable talent. The present study was designed to explore the influence of organizational commitment on employee retention in manufacturing organizations of Eastern India. It further investigated the mediating role of psychological capital between organizational commitment and employee retention. A questionnaire survey was conducted on 208 executives randomly selected from Indian manufacturing organizations. Data were analyzed by using structural equation modeling. SEM result revealed that organizational commitment positively influence retention. Further, psychological capital was found to be significantly mediating the relationship between organizational commitment and employee retention. Results were discussed in relation to existing literature. The study suggests that employer and employee should take cognizance of their obligations to each other for enhancing their commitment, retention and satisfaction.
Keywords: Organizational commitment; loyalty; employee retention; organizational policies; psychological contract; India.
Strategic CSR, Reputational Advantage and Financial Performance: A framework and case example
by Praveen Balakrishnan Nair, Ricky Wong Baan Wahh
Abstract: Heightened social and environmental concerns of the civil society have compelled present day managers to deviate away from the traditional viewpoints of business strategizing that merely focuses on shareholder wealth maximisation. While they are primarily tasked with ensuring sound returns on capital and long term economic growth of the firm, the demands of a wider society to be socially and environmentally responsible are exerting enormous pressure on them and cannot be ignored. While many argue that trying to satisfy the divergent stakeholder expectations might cause a dent in the financial performance of the business, the authors portray the case of a company which created added value for the stakeholders by incorporating responsible economic, environmental and social behaviour into organisations strategies. Their proactive moves have helped them to create a reputational advantage in a highly competitive industry and in turn contributed positively to the financial performance by skilfully exploiting the reputational advantage.
Keywords: sustainable business; corporate social responsibility; reputation advantage; financial performance; property development; Malaysia.
Assessment of Supplier Selection for Critical Items in Public organizations of Abu Dhabi
by Alia Alkabi, Matloub Hussain, Mehmood Khan
Abstract: This study is built around supplier selection using the Analytic Hierarchy Process (AHP) method. Main objective of this study is to find out best procurement criteria addressing critical items in government organizations in UAE. The proposal includes a thorough review of the literature on current best practices in procurement and supplier selection focusing on addressing challenges faced by procurement professionals in public organisations during supplier selection. The study will contribute a new practical model for supplier selection based on AHP method; proposed model will employ new proposed stakeholders interest factors in selection and is customized for needs of public organizations working in UAE business environment.
Keywords: Supplier selection; Public Organizations; AHP; UAE.
Macroeconomic factors, entrepreneurial performance and economic growth in emerging markets
by Olga V. Mezentceva, Anna V. Mezentceva
Abstract: Reducing the gap between developed and developing countries in the global economy is still open for discussion. At the same time, there is a lot of research about the relationship and economic growth, but most of it is considered only in advanced countries. This paper examines the macroeconomic factors driving entrepreneurial performance and economic growth in emerging markets. We attempt to reveal what factors in the entrepreneurial environment are most significant in the emerging market
We chose the BRICS countries (Brazil, Russia, India, China, and South Africa) as our object of study for the macroeconomic analysis which allows us to compile global trends. We conducted an empirical analysis of the macroeconomic factors affecting entrepreneurial development and economic growth in the BRICS countries.
We also studied the dynamics of the output gaps in these countries. We found that the BRICS countries are affected by different factors driving entrepreneurial performance and economic growth. Therefore, these countries could exchange the experience, expertise and best practices gained in each country for shaping effective entrepreneurial policy. Thus, research could be used in the development of measures to support small business and entrepreneurship.
Keywords: Entrepreneurship; BRICS; Hodrick-Prescott Filtering; Output Gap; GEM Project; Doing Business Ranking; Global Competitiveness Index; Emerging Markets.