Firm development as an integrated process: with evidence from the General Motors-Fisher Body case

This paper argues that an adequate approach to the firm should be able to accommodate the complexities of actual firm development. The latter is conceptualized in terms of three general stages: prime movers or drivers of change, change processes, and change attractors. Furthermore, any "real-world" firm is both a technical and an institutional unit. To emphasize the importance of "real firm" analysis, the discussion presented here revolves around an understanding of the much considered case of General Motors and Fisher Body integration has developed over time. Generalization from this case suggests that an integrated view of the firm is necessary that combines the three stages and the two bases (technical and institutional). Six general perspectives on the firm are identified as having technical or institutional bases that are relevant in each of the three stages. This integrated approach to the firm is explored in terms of the general topic of firm development. It is concluded that, without an integrated approach to firm development, a potentially biased or incomplete analysis can result

Colloidal aggregation and critical Casimir forces

A recent Letter [Phys. Rev. Lett. 103, 156101 (2009)] reports the experimental observation of aggregation of colloidal particles dispersed in a liquid mixture of heavy water and 3-methylpyridine. The experimental data are interpreted in terms of a model which accounts solely for the competing effects of the interparticle electrostatic repulsion and of the attractive critical Casimir force. Here we show, however, that the reported aggregation actually occurs within ranges of values of the correlation length and of the Debye screening length ruled out by the proposed model and that a significant part of the experimental data presented in the Letter cannot be consistently interpreted in terms of such a model.Comment: 1 page, 1 figure; For the reply see arXiv:1007.077

Firm corruption in the presence of an auditor

This paper develops a framework to explore firm corruption taking account of interaction with an auditor. The basic idea is that an auditor can provide auditing and other (consultancy) services. The extent of the other services depends on firm profitability. Hence auditor profitability can increase with firm corruption that may provide an incentive to collude in corrupt practices. This basic idea is developed using a game theoretic framework. It is shown that a multiplicity of equilibria exist from stable corruption, through auditor controlled corruption, via multiple equilibria to honesty on behalf of both actors. Following the development of the model various policy options are highlighted that show the difficulty of completely removing corrupt practices

Improved design of item in high speed rotating machinery

Greater centrifugal radial growth of the preimpeller hub with respect to the impeller and nut at operating speed alleviates clamping and alignment problems in high speed rotating machinery. Design results in axial tightness and radial piloting of the preimpeller

Entangled photon apparatus for the undergraduate laboratory

We present detailed instructions for constructing and operating an apparatus to produce and detect polarization-entangled photons. The source operates by type-I spontaneous parametric downconversion in a two-crystal geometry. Photons are detected in coincidence by single-photon counting modules and show strong angular and polarization correlations. We observe more than 100 entangled photon pairs per second. A test of a Bell inequality can be performed in an afternoon.Comment: 6 pages, 9 figure

High Redshift Quasars and Star Formation in the Early Universe

In order to derive information on the star formation history in the early universe we observed 6 high-redshift (z=3.4) quasars in the near-infrared to measure the relative iron and \mgii emission strengths. A detailed comparison of the resulting spectra with those of low-redshift quasars show essentially the same FeII/MgII emission ratios and very similar continuum and line spectral properties, indicating a lack of evolution of the relative iron to magnesium abundance of the gas since z=3.4 in bright quasars. On the basis of current chemical evolution scenarios of galaxies, where magnesium is produced in massive stars ending in type II SNe, while iron is formed predominantly in SNe of type Ia with a delay of ~1 Gyr and assuming as cosmological parameters H_o = 72 km/s Mpc, Omega_M = 0.3, and Omega_Lambda = 0.7$, we conclude that major star formation activity in the host galaxies of our z=3.4 quasars must have started already at an epoch corresponding to z_f ~= 10, when the age of the universe was less than 0.5 Gyrs.Comment: 29 pages, 5 figures, ApJ in pres

Study of hot hardness characteristics of tool steels

Hardness measurements of tool steel materials in electric furnace at elevated temperatures and low oxygen environment are discussed. Development of equation to predict short term hardness as function of intial room temperature hardness of steel is reported. Types of steel involved in the process are identified

First-order layering and critical wetting transitions in non-additive hard sphere mixtures

Using fundamental-measure density functional theory we investigate entropic wetting in an asymmetric binary mixture of hard spheres with positive non-additivity. We consider a general planar hard wall, where preferential adsorption is induced by a difference in closest approach of the different species and the wall. Close to bulk fluid-fluid coexistence the phase rich in the minority component adsorbs either through a series of first-order layering transitions, where an increasing number of liquid layers adsorbs sequentially, or via a critical wetting transition, where a thick film grows continuously.Comment: 4 pages, 4 figure