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This study aims to examine the impact of intellectual capital (IC) and its three components (human, structural and relational capital) on corporation performance in the Chinese transportation industry. In addition, this study also investigates auditor characteristics (both Big-N and non-Big-N auditors) as a moderating role to examine the relationship between IC and corporate performance.

The data include 398 firm-year observations of transportation companies listed on the Shanghai and Shenzhen Stock Exchange from 2011 to 2020. Value-added intellectual coefficient (VAIC) model and its modified version (MVAIC) are applied to measure IC efficiency. Finally, the fixed effects regression analysis is used to mitigate the endogeneity issue. To investigate the moderating effect of auditor characteristics, the authors divide the samples based on the clients audited by Big-4 and non-Big-4 firms.

This study reveals that IC can enhance firm performance in China’s transportation sector. Overall, findings indicate that on the whole, IC has a positive and significant impact on corporation profitability and productivity. Human capital and physical and financial assets (capital employed) play highly important roles, but structural capital has no significant impact. The authors also found that auditor characteristics play an important moderating role in the connection between IC and corporate performance. For example, the positive association between IC and corporate performance is more pronounced when Big-4 auditors audit client firms. At the same time, the authors found a negative relationship between IC and firm performance when non-Big-4 auditors audit client firms.

Managers must understand that several components of IC have a total effect on corporate financial performance. Therefore, managers can dedicate more resources to such components based on the performance outcomes to emphasize their business strategies.

This study is the first empirical analysis of the impact of IC and its components on corporation performance in the transportation sector in China, an emerging market. Previous studies mainly focus on developed countries’ high technology and financial industries sectors but the impact of IC in transportation industry largely remains unknown. Thus, the present findings contribute to IC literature by revealing several underlying mechanisms by which the components of IC help achieve good firm performance.

The finite element method (FEM) is used to calculate the two-dimensional anti-plane dynamic response of structure embedded in D’Alembert viscoelastic multilayered soil on the rigid bedrock. This paper aims to research a time-domain absorbing boundary condition (ABC), which should be imposed on the truncation boundary of the finite domain to represent the dynamic interaction between the truncated infinite domain and the finite domain.

A high-order ABC for scalar wave propagation in the D’Alembert viscoelastic multilayered media is proposed. A new operator separation method and the mode reduction are adopted to construct the time-domain ABC.

The derivation of the ABC is accurate for the single layer but less accurate for the multilayer. To achieve high accuracy, therefore, the distance from the truncation boundary to the region of interest can be zero for the single layer but need to be about 0.5 times of the total layer height of the infinite domain for the multilayer. Both single-layered and multilayered numerical examples verify that the accuracy of the ABC is almost the same for both cases of only using the modal number excited by dynamic load and using the full modal number of infinite domain. Using the ABC with reduced modes can not only reduce the computation cost but also be more friendly to the stability. Numerical examples demonstrate the superior properties of the proposed ABC with stability, high accuracy and remarkable coupling with the FEM.

A high-order time-domain ABC for scalar wave propagation in the D’Alembert viscoelastic multilayered media is proposed. The proposed ABC is suitable for both linear elastic and D’Alembert viscoelastic media, and it can be coupled seamlessly with the FEM. A new operator separation method combining mode reduction is presented with better stability than the existing methods.

Grey modeling technique is an important element of grey system theory, and academic articles applied to agricultural science research have been published since 1985, proving the broad applicability and effectiveness of the technique from different aspects and providing a new means to solve agricultural science problems. The analysis of the connotation and trend of the application of grey modeling technique in agricultural science research contributes to the enrichment of grey technique and the development of agricultural science in multiple dimensions.

Based on the relevant literature selected from China National Knowledge Infrastructure, the Web of Science, SpiScholar and other databases in the past 37 years (1985–2021), this paper firstly applied the bibliometric method to quantitatively visualize and systematically analyze the trend of publication, productive author, productive institution, and highly cited literature. Then, the literature is combed by the application of different grey modeling techniques in agricultural science research, and the literature research progress is systematically analyzed.

The results show that grey model technology has broad prospects in the field of agricultural science research. Agricultural universities and research institutes are the main research forces in the application of grey model technology in agricultural science research, and have certain inheritance. The application of grey model technology in agricultural science research has wide applicability and precise practicability.

By analyzing and summarizing the application trend of grey model technology in agricultural science research, the research hotspot, research frontier and valuable research directions of grey model technology in agricultural science research can be more clearly grasped.

Due to the increasing size and complexity of construction projects, construction engineering and management involves the coordination of many complex and dynamic processes and relies on the analysis of uncertain, imprecise and incomplete information, including subjective and linguistically expressed information. Various modelling and computing techniques have been used by construction researchers and applied to practical construction problems in order to overcome these challenges, including fuzzy hybrid techniques. Fuzzy hybrid techniques combine the human-like reasoning capabilities of fuzzy logic with the capabilities of other techniques, such as optimization, machine learning, multi-criteria decision-making (MCDM) and simulation, to capitalise on their strengths and overcome their limitations. Based on a review of construction literature, this chapter identifies the most common types of fuzzy hybrid techniques applied to construction problems and reviews selected papers in each category of fuzzy hybrid technique to illustrate their capabilities for addressing construction challenges. Finally, this chapter discusses areas for future development of fuzzy hybrid techniques that will increase their capabilities for solving construction-related problems. The contributions of this chapter are threefold: (1) the limitations of some standard techniques for solving construction problems are discussed, as are the ways that fuzzy methods have been hybridized with these techniques in order to address their limitations; (2) a review of existing applications of fuzzy hybrid techniques in construction is provided in order to illustrate the capabilities of these techniques for solving a variety of construction problems and (3) potential improvements in each category of fuzzy hybrid technique in construction are provided, as areas for future research.

This study examines the impact of China’s mixed-ownership reform on the innovation of non-state-owned acquirers, with a particular focus on the impact on firms with high financing constraints, low-quality accounting information or less tangible assets.

We use a proprietary dataset of firms listed on the Shanghai and Shenzhen Stock Exchanges to investigate the impact of mixed ownership reform on non-state-owned enterprise (non-SOE) innovation. We employ regression analysis to examine the association between mixed ownership reform and firm innovation.

The study finds that non-state-owned firms can improve innovation by acquiring equity in state-owned enterprises (SOEs) under the reform. Eased financing constraints, lowered financing costs, better access to tax incentives or government subsidies, lowered agency costs, better accounting information quality and more credit loans are underlying the impact. Additionally, cross-ownership connections amongst non-SOE executives and government intervention strengthen the impact, whilst regional marketisation weakens it.

This study adds to the literature on the association between mixed ownership reform and firm innovation by focussing on the conditions under which this impact is stronger. It also sheds light on the policy implications for SOE reforms in emerging economies.

Purpose – This chapter provides details of research that attempts to relate traffic operational conditions on uninterrupted flow facilities (e.g., freeways and expressways) with real-time crash likelihood. Unlike incident detection, the purpose of this line of work is to proactively assess crash likelihood and potentially reduce the likelihood through proactive traffic management techniques, including variable speed limit and ramp metering among others.

Methodology – The chapter distinguishes between the traditional aggregate crash frequency-based approach to safety evaluation and the approach needed for real-time crash risk estimation. Key references from the literature are summarised in terms of the reported effect of different traffic characteristics that can be derived in near real-time, including average speed, temporal variation in speed, volume and lane-occupancy, on crash occurrence.

Findings – Traffic and weather parameters are among the real-time crash-contributing factors. Among the most significant traffic parameters is speed particularly in the form of coefficient of variation of speed.

Research implications – In the traffic safety field, traditional data sources are infrastructure-based traffic detection systems. In the future, if automatic traffic detection systems could provide reliable data at the vehicle level, new variables such as headway could be introduced. Transferability of real-time crash prediction models is also of interest. Also, the potential effects of different management strategies to reduce real-time crash risk could be evaluated in a simulation environment.

Practical implications – This line of research has been at the forefront of bringing data mining and other machine-learning techniques into the traffic management arena. We expect these analysis techniques to play a more important role in real-time traffic management, not just for safety evaluation but also for congestion pricing and alternate routing.

For more than a decade, there has been an increased focus on the need for accountability and transparency about the value that United States and international higher education institutions add to students' knowledge and skills to help increase their economic productivity and career opportunities. This focus on accountability and transparency within the U.S. dates to 2005 when former US Secretary of Education Margaret Spellings established a Commission on the Future of Higher Education to develop a national strategy for higher education reform. This led to an increased focus on measuring value added within higher education institutions and using value-added scores to make institutional comparisons. This chapter presents a brief history of value added within the United States and presents high-level summaries of initiatives, assessments used to measure value added, and a review of how value added is measured. We also present challenges around methodology and interpretation of results. Lastly, we discuss some of the future directions in evaluating value added in higher education and areas for future research.

This paper aims to develop a robotic mirror therapy system for lower limb rehabilitation, which is applicable for different patients with individual movement disability levels.

This paper puts forward a novel system that includes a four-degree-of-freedom sitting/lying lower limb rehabilitation robot and a wireless motion data acquisition system based on mirror therapy principle. The magnetorheological (MR) actuators are designed and manufactured, whose characteristics are detected theoretically and experimentally. The passive training control strategy is proposed, and the trajectory tracking experiments verify its feasibility. Also, the active training controller that is adapt to the human motor ability is designed and evaluated by the comparison experiments.

The MR actuators produce continuously variable and compliant torque for robotic joints by adjusting excitation current. The reference limb joint position data collected by the wireless motion data acquisition system can be used as the motion trajectory of the robot to drive the affected limb. The passive training strategy based on proportional-integral control proves to have great trajectory tracking performance through experiments. In the active training mode, by comparing the real-time parameters adjustment in two phases, it is certified that the proposed fuzzy-based regulated impedance controller can adjust assistance torque according to the motor ability of the affected limb.

The system developed in this paper fulfills the needs of robot-assisted mirror therapy for hemiplegic patients.

The first purpose of this paper is to design more accurate, efficient and robust gradient smoothing methods (GSMs) for spatial derivative approximations for computational fluid dynamics (CFD) application. The second purpose is to design an adaptive GSM-CFD solver for the compressible turbulent flows, with special focus on the shock-wave boundary layer interactions.

A new integration scheme is proposed for the node-associated GSM to improve the accuracy and robustness of the previous versions. A matrix-based algorithm and corresponding data structures are devised to improve the computational efficiency of GSM. The GSM-CFD solver is coupled with a mixed solution-based adaptive mesher to form a functional adaptive GSM-CFD solver.

The improved GSMs are insensitive to mesh qualities, and can achieve high accuracy on all kinds of hybrid meshes. The adaptive GSM-CFD solver can better capture the shock wave.

The matrix-based GSM and its corresponding data structure for improved GSM, and the development of the adaptive GSM-CFD solver for compressible turbulent flows are newly presented in this paper.