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1 – 10 of over 7000Xin-Yi Wang, Bo Chen and Yu Song
The purpose of this study is to analyze the dynamic changes of the arms trade network not only from the network structure but also the influence mechanism from the aspects of the…
Abstract
Purpose
The purpose of this study is to analyze the dynamic changes of the arms trade network not only from the network structure but also the influence mechanism from the aspects of the economy, politics, security, strategy and transaction costs.
Design/methodology/approach
The study employs the Temporal Exponential Random Graph Model and the Separable Temporal Exponential Random Graph Model to analyze the endogenous network structure effect, the attribute effect and the exogenous network effect of 47 major arms trading countries from 2015 to 2020.
Findings
The results show that the international arms trade market is unevenly distributed, and there are great differences in military technology. There is a fixed hierarchical structure in the arms trade, but the rise of emerging countries is expected to break this situation. In international arms trade relations, economic forces dominate, followed by political, security and strategic factors.
Practical implications
Economic and political factors play an important role in the arms trade. Therefore, countries should strive to improve their economic strength and military technology. Also, countries should increase political mutual trust and gain a foothold in the industrial chain of arms production to enhance their military power.
Originality/value
The contribution of this paper is to analyze the special trade area of arms trade from a dynamic network perspective by incorporating economic, political, security, strategic and transaction cost factors together into the TERGM and STERGM models.
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Susanne Gretzinger, Susanne Royer and Birgit Leick
This conceptual paper aims to contribute to a better understanding of value creation and value capture with smart resources in the Internet of Things (IoT)-driven business models…
Abstract
Purpose
This conceptual paper aims to contribute to a better understanding of value creation and value capture with smart resources in the Internet of Things (IoT)-driven business models against the backdrop of an increasingly networked and connectivity-based environment. More specifically, the authors screen strategic management theories and adapt them to the specificities of new types of smart resources by focusing on a conceptual analysis of isolating mechanisms that enable value creation and value capture based upon different types of smart resources.
Design/methodology/approach
By adapting the state of the art of the contemporary resource-based discussion (resource-based view, dynamic capabilities view, relational view, resource-based view for a networked environment) to the context of IoT-driven business models, the paper typifies valuable intra- and inter-organisational resource types. In the next step, a discursive discussion on the evolution of isolating mechanisms, which are assumed to enable the translation of value creation into value appropriation, adapts the resource-based view for a networked environment to the context of IoT-driven business models.
Findings
The authors find that connectivity shapes both opportunities and challenges for firms, e.g. focal firms, in such business models, but it is notably social techniques that help to generate connectivity and transform inter-organisational ties into effective isolating mechanisms.
Originality/value
This paper lays a foundation for a theoretically underpinned understanding of how IoT can be exploited through designing economically sustainable business models. In this paper, research propositions are established as a point of departure for future research that applies strategic management theories to better understand business models that work with the digitisation and connectivity of resources on different levels.
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Mina Heydari Torkamani, Yaser Shahbazi and Azita Belali Oskoyi
Historical bazaars, a huge treasure of Iranian culture, art and economy, are places for social capital development. Un-supervised management in past decades has led to the…
Abstract
Purpose
Historical bazaars, a huge treasure of Iranian culture, art and economy, are places for social capital development. Un-supervised management in past decades has led to the demolition and change of historical bazaars and negligence of its different aspects. The present research aims to investigate the resilience of historical bazaars preserving their identity and different developments.
Design/methodology/approach
The artificial neural network (ANN) has been applied to investigate the resilience of historical bazaars. This model consists of three main networks for evaluating the resilience of historical networks in terms of adaptability, variability and reactivity.
Findings
The ANN proposed to evaluate the resilience of historic bazaars based on the mentioned factors is efficient. By calculating mean squared error (MSE), the model accuracy for evaluating adaptability, variability and reactivity were obtained at 7.62e-25, 2.91e-24 and 1.51e-24. The correlation coefficient was obtained at a significance level of 99%. This indicates the considerable effectiveness of the artificial intelligence model in modeling and predicting the qualitative properties of historical bazaars resilience.
Originality/value
This paper clarifies indexes and components of resilience in terms of adaptability, variability and reactivity. Then, the ANN model is obtained with the least error and very high accuracy that predict the resilience of historical bazaars.
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Zengli Mao and Chong Wu
Because the dynamic characteristics of the stock market are nonlinear, it is unclear whether stock prices can be predicted. This paper aims to explore the predictability of the…
Abstract
Purpose
Because the dynamic characteristics of the stock market are nonlinear, it is unclear whether stock prices can be predicted. This paper aims to explore the predictability of the stock price index from a long-memory perspective. The authors propose hybrid models to predict the next-day closing price index and explore the policy effects behind stock prices. The paper aims to discuss the aforementioned ideas.
Design/methodology/approach
The authors found a long memory in the stock price index series using modified R/S and GPH tests, and propose an improved bi-directional gated recurrent units (BiGRU) hybrid network framework to predict the next-day stock price index. The proposed framework integrates (1) A de-noising module—Singular Spectrum Analysis (SSA) algorithm, (2) a predictive module—BiGRU model, and (3) an optimization module—Grid Search Cross-validation (GSCV) algorithm.
Findings
Three critical findings are long memory, fit effectiveness and model optimization. There is long memory (predictability) in the stock price index series. The proposed framework yields predictions of optimum fit. Data de-noising and parameter optimization can improve the model fit.
Practical implications
The empirical data are obtained from the financial data of listed companies in the Wind Financial Terminal. The model can accurately predict stock price index series, guide investors to make reasonable investment decisions, and provide a basis for establishing individual industry stock investment strategies.
Social implications
If the index series in the stock market exhibits long-memory characteristics, the policy implication is that fractal markets, even in the nonlinear case, allow for a corresponding distribution pattern in the value of portfolio assets. The risk of stock price volatility in various sectors has expanded due to the effects of the COVID-19 pandemic and the R-U conflict on the stock market. Predicting future trends by forecasting stock prices is critical for minimizing financial risk. The ability to mitigate the epidemic’s impact and stop losses promptly is relevant to market regulators, companies and other relevant stakeholders.
Originality/value
Although long memory exists, the stock price index series can be predicted. However, price fluctuations are unstable and chaotic, and traditional mathematical and statistical methods cannot provide precise predictions. The network framework proposed in this paper has robust horizontal connections between units, strong memory capability and stronger generalization ability than traditional network structures. The authors demonstrate significant performance improvements of SSA-BiGRU-GSCV over comparison models on Chinese stocks.
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Yongqing Ma, Yifeng Zheng, Wenjie Zhang, Baoya Wei, Ziqiong Lin, Weiqiang Liu and Zhehan Li
With the development of intelligent technology, deep learning has made significant progress and has been widely used in various fields. Deep learning is data-driven, and its…
Abstract
Purpose
With the development of intelligent technology, deep learning has made significant progress and has been widely used in various fields. Deep learning is data-driven, and its training process requires a large amount of data to improve model performance. However, labeled data is expensive and not readily available.
Design/methodology/approach
To address the above problem, researchers have integrated semi-supervised and deep learning, using a limited number of labeled data and many unlabeled data to train models. In this paper, Generative Adversarial Networks (GANs) are analyzed as an entry point. Firstly, we discuss the current research on GANs in image super-resolution applications, including supervised, unsupervised, and semi-supervised learning approaches. Secondly, based on semi-supervised learning, different optimization methods are introduced as an example of image classification. Eventually, experimental comparisons and analyses of existing semi-supervised optimization methods based on GANs will be performed.
Findings
Following the analysis of the selected studies, we summarize the problems that existed during the research process and propose future research directions.
Originality/value
This paper reviews and analyzes research on generative adversarial networks for image super-resolution and classification from various learning approaches. The comparative analysis of experimental results on current semi-supervised GAN optimizations is performed to provide a reference for further research.
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Tongzheng Pu, Chongxing Huang, Haimo Zhang, Jingjing Yang and Ming Huang
Forecasting population movement trends is crucial for implementing effective policies to regulate labor force growth and understand demographic changes. Combining migration theory…
Abstract
Purpose
Forecasting population movement trends is crucial for implementing effective policies to regulate labor force growth and understand demographic changes. Combining migration theory expertise and neural network technology can bring a fresh perspective to international migration forecasting research.
Design/methodology/approach
This study proposes a conditional generative adversarial neural network model incorporating the migration knowledge – conditional generative adversarial network (MK-CGAN). By using the migration knowledge to design the parameters, MK-CGAN can effectively address the limited data problem, thereby enhancing the accuracy of migration forecasts.
Findings
The model was tested by forecasting migration flows between different countries and had good generalizability and validity. The results are robust as the proposed solutions can achieve lesser mean absolute error, mean squared error, root mean square error, mean absolute percentage error and R2 values, reaching 0.9855 compared to long short-term memory (LSTM), gated recurrent unit, generative adversarial network (GAN) and the traditional gravity model.
Originality/value
This study is significant because it demonstrates a highly effective technique for predicting international migration using conditional GANs. By incorporating migration knowledge into our models, we can achieve prediction accuracy, gaining valuable insights into the differences between various model characteristics. We used SHapley Additive exPlanations to enhance our understanding of these differences and provide clear and concise explanations for our model predictions. The results demonstrated the theoretical significance and practical value of the MK-CGAN model in predicting international migration.
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Manik Kumar, Joe Sgarrella and Christian Peco
This paper develops a neural network surrogate model based on a discrete lattice approach to investigate the influence of complex microstructures on the emergent behavior of…
Abstract
Purpose
This paper develops a neural network surrogate model based on a discrete lattice approach to investigate the influence of complex microstructures on the emergent behavior of biological networks.
Design/methodology/approach
The adaptability of network-forming organisms, such as, slime molds, relies on fluid-to-solid state transitions and dynamic behaviors at the level of the discrete microstructure, which continuum modeling methods struggle to capture effectively. To address this challenge, we present an optimized approach that combines lattice spring modeling with machine learning to capture dynamic behavior and develop nonlinear constitutive relationships.
Findings
This integrated approach allows us to predict the dynamic response of biological materials with heterogeneous microstructures, overcoming the limitations of conventional trial-and-error lattice design. The study investigates the microstructural behavior of biological materials using a neural network-based surrogate model. The results indicate that our surrogate model is effective in capturing the behavior of discrete lattice microstructures in biological materials.
Research limitations/implications
The combination of numerical simulations and machine learning endows simulations of the slime mold Physarum polycephalum with a more accurate description of its emergent behavior and offers a pathway for the development of more effective lattice structures across a wide range of applications.
Originality/value
The novelty of this research lies in integrating lattice spring modeling and machine learning to explore the dynamic behavior of biological materials. This combined approach surpasses conventional methods, providing a more holistic and accurate representation of emergent behaviors in organisms.
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Saeid Jafarzadeh Ghoushchi, Iman Hushyar and Kamyar Sabri-Laghaie
A circular economy (CE) is an economic system that tries to eliminate waste and continually use resources. Due to growing environmental concerns, supply chain (SC) design should…
Abstract
Purpose
A circular economy (CE) is an economic system that tries to eliminate waste and continually use resources. Due to growing environmental concerns, supply chain (SC) design should be based on the CE considerations. In addition, responding and satisfying customers are the challenges managers constantly encounter. This study aims to improve the design of an agile closed-loop supply chain (CLSC) from the CE point of view.
Design/methodology/approach
In this research, a new multi-stage, multi-product and multi-period design of a CLSC network under uncertainty is proposed that aligns with the goals of CE and SC participants. Recycling of goods is an important part of the CLSC. Therefore, a multi-objective mixed-integer linear programming model (MILP) is proposed to formulate the problem. Besides, a robust counterpart of multi-objective MILP is offered based on robust optimization to cope with the uncertainty of parameters. Finally, the proposed model is solved using the e-constraint method.
Findings
The proposed model aims to provide the strategic choice of economic order to the suppliers and third-party logistic companies. The present study, which is carried out using a numerical example and sensitivity analysis, provides a robust model and solution methodology that are effective and applicable in CE-related problems.
Practical implications
This study shows how all upstream and downstream units of the SC network must work integrated to meet customer needs considering the CE context.
Originality/value
The main goal of the CE is to optimize resources, reduce the use of raw materials, and revitalize waste by recycling. In this study, a comprehensive model that can consider both SC design and CE necessities is developed that considers all SC participants.
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Mohammad Malmir, Farhad Hosseinzadeh Lotfi, Reza Kazemi Matin and Mahnaz Ahadzadeh Namin
The purpose of this paper is to evaluate the efficiency of a series network system with undesirable and unreturnable simultaneously.
Abstract
Purpose
The purpose of this paper is to evaluate the efficiency of a series network system with undesirable and unreturnable simultaneously.
Design/methodology/approach
The research was conducted by applying data envelopment analysis (DEA) approach to measure the efficiency score of a system and substages with an undesirable output of the second and third stages separately. For each case, new production technology was introduced, and based on them, novel DEA models were proposed.
Findings
One of the most important issues in the development of a country is the banking industry. In this study, 51 branches of commercial banks as a three-stage system with undesirable and unreturnable outputs in the second stage are considered. Then, the efficiency of each branch and substages is measured by using proposed models.
Originality/value
The efficiency of a three-stage network in the presence of undesirable and unreturnable outputs was assessed. In this model, Kousmanen’s technology was used.
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Arne Schuhbert, Hannes Thees and Harald Pechlaner
The below-average innovative capacity of the tourism sector raises the question on the potentials of digital business ecosystems (DBEs) to overcome these shortages at a…
Abstract
Purpose
The below-average innovative capacity of the tourism sector raises the question on the potentials of digital business ecosystems (DBEs) to overcome these shortages at a destination level – especially within a smart city environment. Using the example of the German Capital Berlin, this article aims to discuss both the possibilities and inhibitors of innovative knowledge-creation by building scenarios on one specific design option: the integration of digital deep learning (DL) functionalities and traditional organizational learning (OL) processes.
Design/methodology/approach
Using the qualitative GABEK-method, major characteristics of a DBE as resource-, platform- and innovation systems are analyzed toward their interactions with the construction of basic action models (as the basic building blocks of knowledge).
Findings
Against the background of the research findings, two scenarios are discussed for future evolution of the Berlin DBE, one building on cultural emulation as a trigger for optimized DL functionalities and one following the idea of cultural engineering supported by DL functionalities. Both scenarios focus specifically on the identified systemic inhibitors of innovative capabilities.
Research limitations/implications
While this study highlights the potential of the GABEK method to analyze mental models, separation of explicit and latent models still remains challenging – so does the reconstruction of higher order mental models which require a combined take on interview techniques in the future.
Originality/value
The resulting scenarios innovatively combine concepts from OL theory with the concept of DBE, thus indicating possible pathways into a tourism future where the limitations of human learning capacities could be compensated through the targeted support of general artificial intelligence (AI).
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