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Abstract

Details

The Global Private Health & Fitness Business: A Marketing Perspective
Type: Book
ISBN: 978-1-80043-851-4

Article
Publication date: 20 March 2017

Joanne Pransky

The purpose of this paper is a “Q&A interview” conducted by Joanne Pransky of Industrial Robot Journal as a method to impart the combined technological, business and…

Abstract

Purpose

The purpose of this paper is a “Q&A interview” conducted by Joanne Pransky of Industrial Robot Journal as a method to impart the combined technological, business and personal experience of a prominent, robotic industry engineer-turned-entrepreneur regarding the evolution, commercialization and challenges of bringing a technological invention to market.

Design/methodology/approach

The interviewee is Mitchell Weiss, Chief Technology Officer (CTO) for Seegrid Corporation, a manufacturer of stereo vision-guided robots and vehicle control systems. As an accomplished executive of automation and robotics companies, Weiss shares his experiences and industry knowledge, including his first full-time job out of college at Unimation, the world’s first robot company.

Findings

Weiss received a Bachelor of Science from MIT and a Graduate Certificate in Intellectual Property (IP) from Northeastern University, has taught at Penn State and the University of Pennsylvania and has lectured at MIT. He has served as the Chief Operating Officer at Seegrid Corp.; CTO at Brooks Automation; CTO and Vice President of PRI Automation; President of ProgramMation, Inc.; and Chief Engineer and Co-Founder at United States Robots, Inc.

Originality/value

Weiss holds 24 patents, is an expert witness in IP litigation, is Vice Chair of ASTM F45 Driverless Automatic Guided Industrial Vehicles and is a member of ANSI/ITSDF B56.5 Safety Standard for Driverless, Automatic Guided Industrial Vehicles and Automated Functions of Manned Industrial Vehicles. He is also one of the co-authors of the 1986 McGraw-Hill book Industrial Robotics: Technology, Programming, and Applications. Weiss has led his high-technology robotic and automation companies to be successful in the installation of worldwide automation systems in semiconductor manufacturing, electronics manufacturing, automotive and warehousing and distribution. His technical achievements in product design, development and production combined with his business expertise in fund-raising, initial public offering and mergers & acquisitions provide companies with a unique, forward-thinking technology roadmap.

Details

Industrial Robot: An International Journal, vol. 44 no. 2
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 4 August 2021

Jens Klose

This paper aims to introduce a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator…

Abstract

Purpose

This paper aims to introduce a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is estimated.

Design/methodology/approach

An autoregressive distributed lag approach is used to estimate the effects of redenomination risks on sovereign bond yields. Additional control variables are added.

Findings

The results for 10 European Economic and Monetary Union (EMU) countries in the period June 2012 to May 2019 show that the risk of depreciation is almost abandoned for most Euro area countries, i.e. the former crisis countries Ireland and Portugal. If anything an appreciation may occur for some countries once they leave the EMU. The only countries facing depreciation problems once leaving the monetary union are Italy and to some extent Spain.

Originality/value

With this new indicator, the literature on sovereign bond determination and i.e. on redenomination risks is expanded by an additional approach. Moreover, this study is one of few also looking at the period after the most severe tensions of the sovereign debt crisis in the Euro area in 2012.

Details

Studies in Economics and Finance, vol. 38 no. 5
Type: Research Article
ISSN: 1086-7376

Keywords

Article
Publication date: 11 September 2017

William Miles

The purpose of this paper is to investigate whether the proposed eco currency union has sufficient business cycle synchronization among its members to avoid problems such…

Abstract

Purpose

The purpose of this paper is to investigate whether the proposed eco currency union has sufficient business cycle synchronization among its members to avoid problems such as those experienced in the last several years by countries in the eurozone. This monetary union would potentially include 18 countries – Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Republic of the Congo, Cote d’Ivoire, Equatorial Guinea, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Mali, Niger, Nigeria, Senegal and Togo – which collectively have a GDP of over 744 billion dollars and a population of over 300 million people.

Design/methodology/approach

The authors will apply some recently created econometric tools that were developed specifically to investigate business cycle synchronization in the eurozone. These tools – denoted synchronicity and similarity – overcome some of the limitations of previous studies which have used vector autoregressions and suffered simultaneity bias as a result.

Findings

The different measures employed suggest that the potential members of the eco exhibit a very low level of synchronization. Nigeria in particular, which is heavily dependent on oil, as are some, but not all potential members, would be the largest member, and exhibits a very low level of synchronization with other prospective eco member nations. Finally, preliminary evidence from several countries which have joined the existing African currency unions does not indicate that the act of joining a currency union improves synchronization, and this result contradicts the “endogenous optimal currency area” hypothesis.

Research limitations/implications

Like previous studies on the topic, the authors rely on the available data. The number of observations is more limited than would be optimal.

Practical implications

The results would strongly caution against the creation of the eco currency union, as members appear even less ready for monetary integration than countries in the eurozone did.

Originality/value

This is the first study to apply the synchronicity and similarity tools to the prospective West African eco nations.

Details

Journal of Economic Studies, vol. 44 no. 4
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 1 February 1981

The National Transportation Safety Board (US) has warned pilots not to become complacent about the threat from airframe and engine icing because of the speed and…

Abstract

The National Transportation Safety Board (US) has warned pilots not to become complacent about the threat from airframe and engine icing because of the speed and sophistication of modern aircraft.

Details

Aircraft Engineering and Aerospace Technology, vol. 53 no. 2
Type: Research Article
ISSN: 0002-2667

Book part
Publication date: 6 January 2016

Gabriele Fiorentini, Alessandro Galesi and Enrique Sentana

We generalise the spectral EM algorithm for dynamic factor models in Fiorentini, Galesi, and Sentana (2014) to bifactor models with pervasive global factors complemented…

Abstract

We generalise the spectral EM algorithm for dynamic factor models in Fiorentini, Galesi, and Sentana (2014) to bifactor models with pervasive global factors complemented by regional ones. We exploit the sparsity of the loading matrices so that researchers can estimate those models by maximum likelihood with many series from multiple regions. We also derive convenient expressions for the spectral scores and information matrix, which allows us to switch to the scoring algorithm near the optimum. We explore the ability of a model with a global factor and three regional ones to capture inflation dynamics across 25 European countries over 1999–2014.

Book part
Publication date: 15 April 2021

Abstract

Details

The Global Private Health & Fitness Business: A Marketing Perspective
Type: Book
ISBN: 978-1-80043-851-4

Book part
Publication date: 4 November 2021

Aristidis Bitzenis and Pyrros Papadimitriou

This paper discusses the nominal and real convergence regarding Greece being a country-member of the European Union (EU), and of the Economic and Monetary Union (EMU). We…

Abstract

This paper discusses the nominal and real convergence regarding Greece being a country-member of the European Union (EU), and of the Economic and Monetary Union (EMU). We argued that nominal convergence is relative to Maastricht criteria when real convergence has been investigated through six different axes: (1) the five Maastricht Criteria, (2) the GDP per capita in PPP prices, (3) the real GDP growth rates, (4) the minimum wages, (5) the HDI index development, and (6) the unemployment rates. We concluded for the case of Greece that by utilizing alternative indicators, such as the Maastricht criteria, and the above criteria only nominal convergence exists while real convergence appears to be a long-term target with many obstacles. In particular, Greece has managed to achieve the criteria proposed by the EMU (Maastricht Criteria) for membership, decisively different levels of unemployment, wages, and GDP growth rate/GDP per capita in PPP prices, and different human development indexes appear for the case of Greece.

Details

Modeling Economic Growth in Contemporary Greece
Type: Book
ISBN: 978-1-80071-123-5

Keywords

Book part
Publication date: 23 October 2017

Ines Kersan-Skabic

The last financial crisis opens the question of the level of debt sustainability in the developed countries. The majority of the EU member states faced the growing trend…

Abstract

The last financial crisis opens the question of the level of debt sustainability in the developed countries. The majority of the EU member states faced the growing trend of public debt (while some countries are unable to service it on time, i.e. Greece) and some of the new members face the problem of external debt. Regarding there is no standard tool for measurement of public debt sustainability this analysis provides the statistical and econometric approach to find out bi-directional impact of public debt on GDP growth rate, unemployment, current account and interest rate spread. The research is performed on the five different groups of EU member states: EU28, Eurozone, new member states, GIIPS and EU-10-core countries. Results indicate the necessity to keep the public debt stable regarding the very slow post crisis recovery and low growth rates to avoid unintended consequences of debt burden on the EU economies.

Details

Economic Imbalances and Institutional Changes to the Euro and the European Union
Type: Book
ISBN: 978-1-78714-510-8

Keywords

Book part
Publication date: 15 April 2021

Abstract

Details

The Global Private Health & Fitness Business: A Marketing Perspective
Type: Book
ISBN: 978-1-80043-851-4

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