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Article
Publication date: 5 November 2018

Effect of power source mismatch on new venture performance

Li Wang and Marshall Shibing Jiang

The venture capital syndication brings in various resources for the portfolio firms, which positively affects those firms’ performance, while conflicts within syndicates…

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Abstract

Purpose

The venture capital syndication brings in various resources for the portfolio firms, which positively affects those firms’ performance, while conflicts within syndicates also have negative impact on the portfolio firms’ performance. This study aims to explore the two opposite effects of the venture capital syndication on the portfolio firms’ operations. Drawing on Ma et al.’s (2013) power source match perspective, the authors examine the effect of (mis)match of power source between ownership and status on the portfolio firms’ performance.

Design/methodology/approach

The study uses panel data from two professional databases containing information about the venture capital-backed firms in China. The fixed effect model is applied to analyze the data.

Findings

This study found that power source match in the venture capital syndicates works positively on the portfolio firms’ performance. This positive relationship is weakened when there is ownership-dominated power source mismatch present.

Practical implications

This study suggests that when new ventures search for venture capital, it is better to allocate greater ownership to the venture capital providers with high-status power, so that ownership power and status power can have a proper match to increase the coordination among venture capital providers, thereby helping portfolio firms perform better.

Originality/value

This study looks into the performance of a portfolio firm when there is power a (mis)match in a venture capital syndication, extending the current literature in this area where only the performance of the venture syndications is examined.

Details

Chinese Management Studies, vol. 12 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/CMS-07-2018-0589
ISSN: 1750-614X

Keywords

  • Portfolio firms
  • Power source match
  • Resource dependence theory
  • Venture capital syndication

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Article
Publication date: 13 May 2019

Hybrid energy systems in unmanned aerial vehicles

Anna Maria Mazur and Roman Domanski

The presented research is carried out in reaction to the soaring costs of fuel and tight control over environmental issues such as carbon dioxide emissions and noise. The…

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Abstract

Purpose

The presented research is carried out in reaction to the soaring costs of fuel and tight control over environmental issues such as carbon dioxide emissions and noise. The purpose of this paper is to study the feasibility of applying the environmental-friendly energy source in an unmanned aerial vehicles (UAVs) propulsion system.

Design/methodology/approach

Currently, the majority of UAVs are still powered by conventional combustion engines. An electric propulsion system is most commonly found in civilian micro and mini UAVs. The UAV classification is reviewed in this study. This paper focuses mainly on application of electric propulsion systems in UAVs. Investigated hybrid energy systems consist of fuel cells, Li-ion batteries, super-capacitors and photovoltaic (PV) modules. Current applications of fuel cell systems in UAVs are also presented.

Findings

The conducted research shows that hybridization allows for better energy management and operation of every energy source onboard the UAV within its limits. The hybrid energy system design should be created to maximize system efficiency without compromising the performance of the aircraft.

Practical implications

The presented study highlights the reduction of the energy consumption, necessary to perform the mission and maximizing of the endurance with simultaneous decrease in emissions and noise level.

Originality/value

The conducted research studies the feasibility of implementing the environmental-friendly hybrid electric propulsion systems in UAVs that offers high efficiency, reliability, controllability, lack of thermal and noise signature, thus, providing quiet and clean drive with low vibration levels. This paper highlights the main challenges and current research on fuel cell in aviation and draws attention to fuel cell – electric system modeling, hybridization and energy management.

Details

Aircraft Engineering and Aerospace Technology, vol. 91 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/AEAT-08-2018-0218
ISSN: 1748-8842

Keywords

  • Fuel cells
  • Energy
  • Electric propulsion
  • Energy systems
  • Unmanned aircraft vehicles

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Article
Publication date: 9 March 2020

An integrated three-layered foresight framework

Cornelis van Dorsser and Poonam Taneja

The paper aims to present an integrated foresight framework and method to support decision-makers who are confronted with today’s complex and rapidly changing world. The…

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Abstract

Purpose

The paper aims to present an integrated foresight framework and method to support decision-makers who are confronted with today’s complex and rapidly changing world. The method aims at reducing the degree of uncertainty by addressing the inertia or duration of unfolding trends and by placing individual trends in a broader context.

Design/methodology/approach

The paper presents a three-layered framework and method for assessing megatrends based on their inertia or duration. It suggests that if long-term trends and key future uncertainties are studied in conjunction at a meta-level and placed in a broader multi-layered framework of trends, it can result in new insights.

Findings

The application of the proposed foresight method helps to systematically place a wide range of unrelated trends and key uncertainties in the context of a broader framework of trends, thereby improving the ability to understand the inertia, direction and mutual interaction of these trends.

Research limitations/implications

The elaboration of identified trends and key uncertainties is partly case-specific and subject to interpretation. It is aimed at illustrating the potential use of the framework.

Practical implications

The paper presents a new approach that may, by itself or in combination with existing foresight methods, offer new means for anticipating future developments.

Social implications

The use of the proposed framework has potential to provide better insight in the complexity of today’s rapid-changing world and the major transitions taking place. It aims to result in sharper foresight by reducing epistemic uncertainty for decision-makers.

Originality/value

The paper demonstrates how megatrends, Kondratieff waves and century-long trends can be placed in an integrated framework and analysed in conjunction.

Details

foresight, vol. 22 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/FS-05-2019-0039
ISSN: 1463-6689

Keywords

  • Uncertainty
  • Foresight
  • Decision-making
  • Kondratieff
  • Megatrends

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Article
Publication date: 6 January 2021

Could China meet its emission reduction goal by CO2-EOR

Sa’d Shannak and Artem Malov

This paper aims to discuss opportunities for pairing the carbon dioxide (CO2) points of supply from stationary sources such as power plants, steel and cement production…

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Abstract

Purpose

This paper aims to discuss opportunities for pairing the carbon dioxide (CO2) points of supply from stationary sources such as power plants, steel and cement production, coal to liquid plants and refineries, with potential oil reservoirs in China.

Design/methodology/approach

This study builds a linear optimization model to analyze the tradeoffs in developing CO2-enhance oil recovery (EOR) projects in China for a range of policy options to match points of supply with the points of demand (oil fields). The model works on optimizing CO2 application costs by meeting four principal components; CO2 storage, CO2 capture, transport costs and additional oil recovery.

Findings

This study reveals new opportunities and economic sources to feed CO2-EOR applications and offers reasonable options to supply CO2 for potential points of demand. Furthermore, power plants and coal to liquid industries had the most significant and economic contributions to potential CO2-EOR projects in China. Total annual emission reduction is expected to be 10% (based on 10 Gton annual emissions). The emission reductions and potential CO2 storage from the different industries as follow; 94% from power plants, 4% from biofuel and 2% from coal to liquid plants.

Social implications

Carbon capture and storage (CCS) is one practice aiming to reduce the amounts of anthropogenic emissions of carbon dioxide emitted into the atmosphere and reduce the related social costs. However, given the relatively high cost associated with this practice, coupling it with EOR could offer a significant financial incentive to facilitate the development of CCS projects and meet climate change objectives.

Originality/value

The model used in this study can be straightforwardly adapted to any geographic location where industry and policymakers are looking to simultaneously reduce CO2 emissions while increasing hydrocarbon recovery. The model is highly adaptable to local values in the parameters considered and to include additional local considerations such as geographic variation in capture costs, taxes and premiums to be placed on CO2 capture in so-called “non-attainment zones” where pollution capture make could make a project politically and economically viable. Regardless of how and where this model is applied, it is apparent that CO2 from industrial sources has substantial potential value as a coproduct that offsets its sequestration costs using existing, commercially available CO2-EOR technology, once sources and sinks are optimally paired.

Details

Journal of Science and Technology Policy Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/JSTPM-05-2019-0048
ISSN: 2053-4620

Keywords

  • China
  • Economics
  • Optimization
  • CO2-EOR
  • GAMS

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Article
Publication date: 18 January 2013

Ku‐band high power internally matched GaN HEMTs with 1.5 GHz bandwidth

Qin Ge, Xinyu Liu, Xiaojuan Chen, Weijun Luo and Guoguo Liu

The purpose of this paper is to report upon high power, internally matched GaN high electron mobility transistors (HEMTs) at Ku band with 1.5 GHz bandwidth, which employ a…

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Abstract

Purpose

The purpose of this paper is to report upon high power, internally matched GaN high electron mobility transistors (HEMTs) at Ku band with 1.5 GHz bandwidth, which employ a simple and cost‐effective lossless compensated matching technique.

Design/methodology/approach

Two 4 mm gate periphery GaN HEMTs are parallel combined and internally matched with multi‐section reactive impedance transformers at the input and output networks. The output matching network is designed at the upper frequency of the design band for a flat power of the circuit, while the input matching network is designed at the upper frequency for a flat gain.

Findings

With the reactively compensated matching technique, the internally matched GaN HEMTs exhibit a flat saturated output power of 43.2+0.7 dBm and an average power added efficiency of 15 per cent over 12 to 13.5 GHz.

Originality/value

This paper provides useful information for the internally matched GaN HEMTs.

Details

Microelectronics International, vol. 30 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/13565361311298196
ISSN: 1356-5362

Keywords

  • Bandwidths
  • Power transistors
  • Ku‐band
  • Compensated matching
  • Flat power

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Article
Publication date: 1 June 1994

Dataveillance by Governments: The Technique of Computer Matching

Roger Clarke

Computer matching is a mass surveillance technique involving thecomparison of data about many people, which have been acquired frommultiple sources. Its use offers…

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Abstract

Computer matching is a mass surveillance technique involving the comparison of data about many people, which have been acquired from multiple sources. Its use offers potential benefits, particularly financial savings. It is also error‐prone, and its power results in threats to established patterns and values. The imperatives of efficiency and equity demand that computer matching be used, and the information privacy interest demands that it be used only where justified, and be subjected to effective controls. Provides background to this important technique, including its development and application in the USA and in Australia, and a detailed technical description. Contends that the technique, its use, and controls over its use are very important issues which demand research. Computing, telecommunications and robotics artefacts which have the capacity to change society radically need to be subjected to early and careful analysis, not only by sociologists, lawyers and philosophers, but also by information technologists themselves.

Details

Information Technology & People, vol. 7 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/09593849410074070
ISSN: 0959-3845

Keywords

  • Australia
  • Central government
  • Computer privacy
  • Computing
  • Data protection
  • Databases
  • Information technology
  • Surveillance
  • USA

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Article
Publication date: 5 July 2013

Power electronics active shunt filter with controlled dynamics

Michał Gwóźdź

The aim of the research was to find a structure of the power electronics controlled current source with extended pass band, which would better match a source output…

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Abstract

Purpose

The aim of the research was to find a structure of the power electronics controlled current source with extended pass band, which would better match a source output current within an input (reference) signal. Also, pulse modulation components in output current of current source should be minimized.

Design/methodology/approach

The power electronics controlled current source utilizes both, the concept of the inductor with variable (controlled) inductance located at the output of an inverter and the concept of the multi‐channel (interleaved) inverter. The small signal (linear) and simulation models of an active filter have been investigated.

Findings

The work presents the concept of 1‐phase active shunt filter with utilization of the power electronics current source about extended pass‐band.

Research limitations/implications

The research should be continued to achieve stability of the electrical system with variable parameters of the power network and receiver.

Practical implications

The research will be continued towards realization of a laboratory model of a 3‐phase active shunt filter with the DSP based control module.

Social implications

Social implications are difficult to determine.

Originality/value

The paper presents a new concept of the precision power electronics controlled current source with the extended pass‐band. The controlled current source is the fundamental block of a power electronics active shunt filter.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 32 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/03321641311317149
ISSN: 0332-1649

Keywords

  • Control algorithm
  • Current source
  • Inverter
  • Power electronics active filter
  • Pulse modulation
  • Simulation model
  • Modulation methods
  • Electronic engineering

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Article
Publication date: 2 April 2020

A 4.2-to-5.4 GHz stacked GaAs HBT power amplifier for C-band applications

Min Liu, Panpan Xu, Jincan Zhang, Bo Liu and Liwen Zhang

Power amplifiers (PAs) play an important role in wireless communications because they dominate system performance. High-linearity broadband PAs are of great value for…

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Abstract

Purpose

Power amplifiers (PAs) play an important role in wireless communications because they dominate system performance. High-linearity broadband PAs are of great value for potential use in multi-band system implementation. The purpose of this paper is to present a cascode power amplifier architecture to achieve high power and high efficiency requirements for 4.2∼5.4 GHz applications.

Design/methodology/approach

A common emitter (CE) configuration with a stacked common base configuration of heterojunction bipolar transistor (HBT) is used to achieve high power. T-type matching network is used as input matching network. To increase the bandwidth, the output matching networks are implemented using the two L-networks.

Findings

By using the proposed method, the stacked PA demonstrates a maximum saturated output power of 26.2 dBm, a compact chip size of 1.17 × 0.59 mm2 and a maximum power-added efficiency of 46.3 per cent. The PA shows a wideband small signal gain with less than 3 dB variation over working frequency. The saturated output power of the proposed PA is higher than 25 dBm between 4.2 and 5.4 GHz.

Originality/value

The technology adopted for the design of the 4.2-to-5.4 GHz stacked PA is the 2-µm gallium arsenide HBT process. Based on the proposed method, a better power performance of 3 dB improvement can be achieved as compared with the conventional CE or common-source amplifier because of high output stacking impedance.

Details

Circuit World, vol. 46 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/CW-05-2019-0046
ISSN: 0305-6120

Keywords

  • InGaP/GaAs HBT
  • Power amplifier (PA)
  • Cascode
  • Power-added efficiency (PAE)

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Book part
Publication date: 30 July 2018

Index

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Details

Marketing Management in Turkey
Type: Book
DOI: https://doi.org/10.1108/978-1-78714-557-320181029
ISBN: 978-1-78714-558-0

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Article
Publication date: 1 April 2003

MNEs, globalisation and digital economy: legal and economic aspects

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination…

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Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
DOI: https://doi.org/10.1108/03090550310770875
ISSN: 0309-0558

Keywords

  • Globalization
  • Digital marketing
  • Electronic commerce

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