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1 – 10 of over 12000Jiaqing Xu, Weiling Jiao, Hao Chen and Yufei Yuan
Free trial is an effective strategy to gaining users’ data so as to strengthen and optimize product design. The purpose of this paper is to understand the IT companies' dynamic…
Abstract
Purpose
Free trial is an effective strategy to gaining users’ data so as to strengthen and optimize product design. The purpose of this paper is to understand the IT companies' dynamic decision-making behavior in the free trial of IT products and services context based on a three-stage theoretical framework and users' decision-making behavior in the respective stage.
Design/methodology/approach
A three-stage methodology is proposed to clarify relevant decision problems and actions in each stage from IT companies' and users' perspectives, respectively. It then investigates relating variables on IT companies' decision-making based on extant research and users' decision-making.
Findings
In this study, the authors argue that the IT companies have to make the offering, implementation and retention decision in different stage during the whole free trial process. Each decision is determined by several variables from their own and users, namely the offering decision is determined by product characteristics, network effects, product life cycle and WOM (word of mouth); the implementation decision is determined by the quality of products and services, trial type, incentive measures on user's usage and communication strategy; and the retention decision is determined by the product and price strategy.
Practical implications
The results are practical and can be used by IT companies as a decision basis or reference to make reliable decisions so that IT companies can take target measures to ensure the effectiveness of their free trial strategy so as to meet their users' needs based on products designed by data driven. Thus, the ultimate goal of supply chain management is achieved.
Originality/value
In this study, the decision-making process in the free trial of IT products and services context is investigated as a whole for the first time. From the IT companies' perspective, the process includes offering, implementation and retention decision stages, which are continuous and inseparable. The variables that determine IT companies' decision-making are identified based on users' decision and action. Hence, it represents a brand-new whole process perception to clearly understand the dynamic of the IT companies' decision-making. Considering users' decision and action, the final decisions of the IT companies will be more practical in respect of motivating, retaining and upgrading users.
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Cheng Liu, Yi Shi, Wenjing Xie and Xinzhong Bao
This paper aims to provide a complete analysis framework and prediction method for the construction of the patent securitization (PS) basic asset pool.
Abstract
Purpose
This paper aims to provide a complete analysis framework and prediction method for the construction of the patent securitization (PS) basic asset pool.
Design/methodology/approach
This paper proposes an integrated classification method based on genetic algorithm and random forest algorithm. First, comprehensively consider the patent value evaluation model and SME credit evaluation model, determine 17 indicators to measure the patent value and SME credit; Secondly, establish the classification label of high-quality basic assets; Then, genetic algorithm and random forest model are used to predict and screen high-quality basic assets; Finally, the performance of the model is evaluated.
Findings
The machine learning model proposed in this study is mainly used to solve the screening problem of high-quality patents that constitute the underlying asset pool of PS. The empirical research shows that the integrated classification method based on genetic algorithm and random forest has good performance and prediction accuracy, and is superior to the single method that constitutes it.
Originality/value
The main contributions of the article are twofold: firstly, the machine learning model proposed in this article determines the standards for high-quality basic assets; Secondly, this article addresses the screening issue of basic assets in PS.
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Safeer Ullah Khan, Xiang-dong Liu, Cheng Liu, Ikram Ullah Khan and Zahid Hameed
This paper investigates the effects of different uncertainties on Internet stock trading (IST) adoption intentions of individual investors in China and aims to determine the…
Abstract
Purpose
This paper investigates the effects of different uncertainties on Internet stock trading (IST) adoption intentions of individual investors in China and aims to determine the interaction effects of trust and perceived benefits in the relationship between uncertainty dimensions and IST adoption intentions.
Design/methodology/approach
Using a structured questionnaire, a survey of 353 experienced stock traders was conducted in China. The proposed uncertainty-trust-perceived benefits framework was examined through structural equation modelling using Smart PLS 3.0.
Findings
The study found significant negative effects of perceived technology uncertainty, perceived regulatory uncertainty and perceived information asymmetry on the IST adoption intentions of individual investors. Perceived service intangibility was found to have only insignificant effects on IST adoption intentions. In terms of interaction results, trust significantly moderates the relationship between IST adoption intentions and, respectively, perceived technology uncertainty and perceived information asymmetry. Similarly, perceived benefits significantly moderate the relationship between intentions to adopt IST and both perceived technology uncertainty and perceived regulatory uncertainty.
Practical implications
The regulators for IST development in China could utilise the results of this study as guidelines for strategies to increase the use of IST among existing and potential investors.
Originality/value
Using social cognitive theory, this research investigates the effects of various uncertainties on IST adoption intentions of individual investors in China; these effects have not been explored by previous literature. Furthermore, few studies other than this one have investigated the interaction effects of factors which counteract the negative effect of other factors.
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Cheng-Chia Yang, Cheng Liu and Yi-Shun Wang
This article aims at a Unified Theory of Acceptance and Use of Technology (UTAUT) model framework that was used to investigate the impact of a 16-h smartphone training program on…
Abstract
Purpose
This article aims at a Unified Theory of Acceptance and Use of Technology (UTAUT) model framework that was used to investigate the impact of a 16-h smartphone training program on the correlations among different constructs of smartphone use in a sample of older adults.
Design/methodology/approach
A total of 208 participants aged 60–78 (mean: 65.4) years completed a questionnaire that collected information on demographic variables and the frequency and duration of smartphone use as well as the answers to questions on the six UTAUT constructs of performance expectancy, effort expectancy, social influence, facilitating conditions, and behavioral intention and usage behavior. The data were analyzed using partial least squares analysis.
Findings
This study was the first to compare post-training changes in the correlations among UTAUT constructs. The results revealed significant post-training changes in all construct correlations. Behavioral intention and facilitating conditions were shown to significantly impact usage behavior both before and after training and performance expectancy was shown to impact behavioral intention before training. After training, both effort expectancy and social influence were found to impact behavioral intention significantly. Moreover, the impact of facilitating conditions on usage behavior was significantly increased after training.
Originality/value
To date, no study published in the literature has investigated the impact of technological training on the technology-use intentions and behaviors of older adults. The findings of this study suggest that, for older adults, the results of the acceptance and use model for smartphones change significantly and positively between pre-smartphone training and post-smartphone training time points. The findings support that technology training has a positive impact on smartphone use in older adults.
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Cheng Liu, Wei Wei, Qingdong Yan, Brian K. Weaver and Houston G. Wood
The purpose of this paper is to study the transient cavitation process in torque converters with a particular focus on cavitation suppression with a passive flow control technique.
Abstract
Purpose
The purpose of this paper is to study the transient cavitation process in torque converters with a particular focus on cavitation suppression with a passive flow control technique.
Design/methodology/approach
The transient fluid field in a torque converter was simulated by RANS-based computational fluid dynamics (CFD) in a full three-dimensional (3D) model. A homogeneous Rayleigh–Plesset cavitation model was used to simulate the transient cavitation process and the results were validated with test data. Various secondary flow passages (SFP) were applied to the stator blade. The cavitation behavior and hydrodynamic performance were simulated and compared to investigate the effect of SFP geometries on cavitation suppression.
Findings
Presented results show that cavitation in the torque converter is highly unstable at stall operating condition because of the combination of a high incidence angle and high flow velocity. The addition of an SFP to the stator blade produces a disruption of the re-entrant jet and reduces the overall degree of cavitation, consequently inhibiting the unstable cavitation and reducing performance degradation.
Originality/value
This paper provides unique insights into the complicated transient cavitation flow patterns found in torque converters and introduces effective passive flow control techniques useful to researchers and engineers in the areas of fluid dynamics and turbomachinery.
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Xunfa Lu, Cheng Liu, Kin Keung Lai and Hairong Cui
The purpose of the paper is to better measure the risks and volatility of the Bitcoin market by using the proposed novel risk measurement model.
Abstract
Purpose
The purpose of the paper is to better measure the risks and volatility of the Bitcoin market by using the proposed novel risk measurement model.
Design/methodology/approach
The joint regression analysis of value at risk (VaR) and expected shortfall (ES) can effectively overcome the non-elicitability problem of ES to better measure the risks and volatility of financial markets. And because of the incomparable advantages of the long- and short-term memory (LSTM) model in processing non-linear time series, the paper embeds LSTM into the joint regression combined forecasting framework of VaR and ES, constructs a joint regression combined forecasting model based on LSTM for jointly measuring VaR and ES, i.e. the LSTM-joint-combined (LSTM-J-C) model, and uses it to investigate the risks of the Bitcoin market.
Findings
Empirical results show that the proposed LSTM-J-C model can improve forecasting performance of VaR and ES in the Bitcoin market more effectively compared with the historical simulation, the GARCH model and the joint regression combined forecasting model.
Social implications
The proposed LSTM-J-C model can provide theoretical support and practical guidance to cryptocurrency market investors, policy makers and regulatory agencies for measuring and controlling cryptocurrency market risks.
Originality/value
A novel risk measurement model, namely LSTM-J-C model, is proposed to jointly estimate VaR and ES of Bitcoin. On the other hand, the proposed LSTM-J-C model provides risk managers more accurate forecasts of volatility in the Bitcoin market.
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Cheng Liu, Qingdong Yan and Houston G. Wood
The purpose of this paper is to study the mechanism and suppression of instabilities induced by cavitating flow around a three-dimensional hydrofoil with a particular focus on…
Abstract
Purpose
The purpose of this paper is to study the mechanism and suppression of instabilities induced by cavitating flow around a three-dimensional hydrofoil with a particular focus on cavitation control with a slot.
Design/methodology/approach
The transient cavitating flow around a Clark-Y hydrofoil was investigated using a transport-equation-based cavitation model and the stress-blended eddy simulation model was used to capture the flow turbulence. A homogeneous Rayleigh–Plesset cavitation model was used to model the transient cavitation process and the results were validated with test data. A slot was applied to the hydrofoil to suppress cavitation instabilities, and various slot widths and exit locations were applied to the blade and the cavitation behavior, as well as drag/lift forces, were simulated and compared to investigate the effects of slot geometries on cavitation suppression.
Findings
The large eddy simulation based turbulence model was able to capture the interactions between the cavitation and turbulence. Moreover, the simulation revealed that the re-entrant jet was responsible for the periodic shedding of cavities. The results indicated that a slot was able to mitigate or even suppress cavitation-induced instabilities. A jet flow was generated at the slot exit and disturbed the re-entrant jet. If the slot geometry was properly designed, the jet could block the re-entrant jet and suppress the unsteady cavitation behavior.
Originality/value
This study provides unique insights into the complicated transient cavitation flows around a three-dimensional hydrofoil and introduces an effective passive cavitation control technique useful to researchers and engineers in the areas of fluid dynamics and turbomachinery.
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Zhai Cong and Weitiao Wu
In the era of connected and autonomous vehicles, a large amount of surrounding vehicular information can be acquired by the focal vehicle in real time using vehicle-to-vehicle…
Abstract
Purpose
In the era of connected and autonomous vehicles, a large amount of surrounding vehicular information can be acquired by the focal vehicle in real time using vehicle-to-vehicle communication technology, such as the core variable of electronic throttle opening angle. Meanwhile, the traffic jerk, such as the non-compliance of drivers and pedestrians, worsens the chaos of the surrounding traffic environment. To reflect the future traffic environment, the authors simultaneously incorporate the electronic throttle (ET) and traffic jerk into the traditional continuum model. The authors derive the stability criterion of the enhanced continuum model via the perturbation method.
Design/methodology/approach
To facilitate insight into the propagation and evolution mechanism of traffic jam near the stability condition, the authors use the nonlinear stability analysis method to derive the KdV-Burgers equation of proposed continuum model.
Findings
The new item of ET opening angle and traffic jerk have a positive impact on suppressing traffic congestion and improving road robustness.
Originality/value
The research on autonomous continuum models is rare. This model can better reflect the actual traffic, which can also provide a theoretical reference for the future traffic governance.
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FengShou Liu, Guang Yang, Zhaoyang Chen, Yinhua Zhang and Qingyue Zhou
The purpose of this paper is to summarize the status and characteristics of rail technology of high-speed railway in China, and point out the development direction of rail…
Abstract
Purpose
The purpose of this paper is to summarize the status and characteristics of rail technology of high-speed railway in China, and point out the development direction of rail technology of high-speed railway.
Design/methodology/approach
This study reviews the evolution of high-speed rail standards in China, comparing their chemical composition, mechanical attributes and geometric specifications with EN standards. It delves into the status of rail production technology, shifts in key performance indicators and the quality characteristics of rails. The analysis further examines the interplay between wheels and rails, the implementation of grinding technology and the techniques for inspecting rail service conditions. It encapsulates the salient features of rail operation and maintenance within the high-speed railway ecosystem. The paper concludes with an insightful prognosis of high-speed railway technology development in China.
Findings
The rail standards of high-speed railway in China are scientific and advanced, highly operational and in line with international standards. The quality and performance of rail in China have reached the world’s advanced level. The 60N profile guarantees the operation quality of wheel–rail interaction effectively. The rail grinding technology system scientifically guarantees the long-term good service performance of the rail. The rail service state detection technology is scientific and efficient. The rail technology will take “more intelligent” and “higher speed” as the development direction to meet the future needs of high-speed railway in China.
Originality/value
The development direction of rail technology for high-speed railway in China is defined, which will promote the continuous innovation and breakthrough of rail technology.
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Guisheng Gan, Shiqi Chen, Liujie Jiang, Qianzhu Xu, Tian Huang, Dayong Cheng and Xin Liu
This study aims to evaluate the effect of thermal aging temperature on the properties of Cu/Al joints.
Abstract
Purpose
This study aims to evaluate the effect of thermal aging temperature on the properties of Cu/Al joints.
Design/methodology/approach
A new method in which 1 µm Zn-particles and SAC0307 with a particle size of 25–38 µm were mixed to fill the joint and successfully achieved the micro-joining of Cu/Al under ultrasonic-assisted at 200°C, and then, the effect of aging temperature on the properties of Cu/Al joints at different aging times was researched.
Findings
The results showed that the Cu interface intermetallic compounds (IMCs) had the same composition and had two layers with Cu5Zn8 near the Cu substrate and CuZn5 near the solder. As the aging time increased, CuZn5 gradually transformed to Cu5Zn8, and the thickness of the CuZn5 layer gradually decreased until CuZn5 disappeared completely. There was a Sn–Zn solid solution at the Al interface, and the composition of the Al interface of the Cu/Al joints did not change with changing temperature. The IMC thickness at the Cu interface of the joints continued to increase, and the shear strength of the Cu/Al joints decreased with increasing aging temperature and time. Compared with the as-received samples, the IMC thickness of the Cu interface of joints increased by 371.8% and the shear strength of the Cu/Al joints was reduced by 83.2% when the joints were aged at 150°C for 24 h. With an increase in aging temperature, the fracture mode of the Cu/Al joints changed from being between solder balls and Zn particles to between Zn particles.
Originality/value
With increasing aging temperature, the shear strengths of the Cu/SACZ/Al joints decreased at the same aging time, the shear strength of Cu/SACZ/Al joints at 150°C for 24h decreased by 83.2% compared with that of the as-received joints.
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