Market information acquisition: a prerequisite for successful strategic entrepreneurship

AbstractThis paper investigates on the types of information used by managers and entrepreneurs, so as to conduct market research and to evaluate market potential.The authors examine five major sets of variables to understand their impact on firms’ information market search effort. Empirical results based on a survey of Greek enterprises provide support for these factors in predicting firms’ market information acquisition. Findings on structural and administrative characteristics of the firms support the notion that companies engaged in greater market information search and evaluation of market potential tend to develop and implement complex penetration and development market strategies, in order to maximize their business performance in the examined market

Embryonic and post-embryonic utilization and subcellular localization of the nuclear receptor SpSHR2 in the sea urchin

SpSHR2 (Strongylocentrotus purpuratus steroid hormone receptor 2) is a nuclear receptor, encoded by a maternal RNA in the sea urchin embryo. These maternal SpSHR2 transcripts, which are present in all cells, persist until the blastula stage and then are rapidly turned over. A small fraction of the embryonic SpSHR2 protein is maternal, but the majority of this nuclear receptor in the embryo is the product of new synthesis, presumably from the maternal RNA after fertilization. In agreement with the mRNA distribution, the SpSHR2 protein is also detected in all embryonic cells. Contrary to the RNA though, the SpSHR2 protein persists throughout embryonic development to the pluteus stage, long after the mRNA is depleted. Following fertilization and as soon as the 2-cell stage, the cytoplasmic SpSHR2 protein enters rapidly into the embryonic nuclei where it appears in the form of speckles. During subsequent stages (from fourth cleavage onward), SpSHR2 resides in speckled form in both the nucleus and the cytoplasm of the embryonic cells. The cytoplasmic localization of SpSHR2 differs between polarized and non-polarized cells, maintaining an apical position in the ectoderm and endoderm versus a uniform distribution in mesenchyme cells. Following the end of embryonic development (pluteus stage), the SpSHR2 protein is depleted from all tissues. During the ensuing four weeks of larval development, the SpSHR2 is not detected in either the larval or the rudiment cells which will give rise to the adult. Just prior to metamorphosis, at about 35 days post-fertilization, the protein is detected again but in contrast to the uniform distribution in the early embryo, the larval SpSHR2 is specifically expressed in cells of the mouth epithelium and the epaulettes. In adult ovaries and testes, SpSHR2 is specifically detected in the myoepithelial cells surrounding the ovarioles and the testicular acini. Nuclear SpSHR2 in blastula extracts binds to the C1R hormone response element in the upstream promoter region of the CyIIIb actin gene indicating that the latter may be a target of this nuclear receptor in the sea urchin embryo

Constraining star cluster disruption mechanisms

Star clusters are found in all sorts of environments and their formation and evolution is inextricably linked to the star formation process. Their eventual destruction can result from a number of factors at different times, but the process can be investigated as a whole through the study of the cluster age distribution. Observations of populous cluster samples reveal a distribution following a power law of index approximately -1. In this work we use M33 as a test case to examine the age distribution of an archetypal cluster population and show that it is in fact the evolving shape of the mass detection limit that defines this trend. That is to say, any magnitude-limited sample will appear to follow a dN/dt=1/t, while cutting the sample according to mass gives rise to a composite structure, perhaps implying a dependence of the cluster disruption process on mass. In the context of this framework, we examine different models of cluster disruption from both theoretical and observational standpoints.Comment: To appear in the proceedings of IAU Symposium 266: "Star Clusters: Basic Galactic Building Blocks Throughout Time And Space", eds. R. de Grijs and J. Lepin

A detailed study of the enigmatic cluster M82F

We present a detailed study of the stellar cluster M82F, using multi-band high resolution HST imaging and deep ground based optical slit and integral field spectroscopy. Using the imaging we create colour maps of the cluster and surrounding region in order to search for substructure. We find a large amount of substructure, which we interpret as the result of differential extinction across the projected face of the cluster. With this interpretation, we are able to construct a spatially resolved extinction map across the cluster which is used to derive the intrinsic flux distribution. Fitting cluster profiles (King and EFF) to the intrinsic images we find that the cluster is 15-30% larger than previous estimates, and that no strong evidence of mass segregation in this cluster exists. Using the optical spectra, we find that the age of M82F is 60-80 Myr and from its velocity conclude that the cluster is not physically associated with a large HII region that it is projected upon, both in agreement with previous studies. The reconstructed integral field maps show that that majority of the line emission comes from a nearby HII region. The spatial dependence of the line widths (implying the presence of multiple components)measured corresponds to the extinction map derived from photometry, indicating that the gas/dust clouds responsible for the extinction are also partially ionised. Even with the wealth of observations presented here, we do not find a conclusive solution to the problem of the high light-to-mass ratio previously found for this cluster and its possible top-heavy stellar IMF.Comment: 12 pages, 7 figures, accepted MNRA

Gemini Spectroscopy and HST Imaging of the Stellar Cluster Population in Region B of M82

We present new spectroscopic observations of the stellar cluster population of region B in the prototype starburst galaxy M82 obtained with the Gillett Gemini-North 8.1-metre telescope. By coupling the spectroscopy with UBVI photometry acquired with the Advanced Camera for Surveys (ACS) on the Hubble Space Telescope (HST), we derive ages, extinctions and radial velocities for seven young massive clusters (YMCs) in region B. We find the clusters to have ages between 70 and 200 Myr and velocities in the range 230 to 350 km/s, while extinctions Av vary between ~1-2.5 mag. We also find evidence of differential extinction across the faces of some clusters which hinders the photometric determination of ages and extinctions in these cases. The cluster radial velocities indicate that the clusters are located at different depths within the disk, and are on regular disk orbits. Our results overall contradict the findings of previous studies, where region B was thought to be a bound region populated by intermediate-age clusters that formed in an independent, offset starburst episode that commenced 600 Myr-1 Gyr ago. Our findings instead suggest that region B is optically bright because of low extinction patches, and this allows us to view the cluster population of the inner M82 disk, which probably formed as a result of the last encounter with M81. This study forms part of a series of papers aimed at studying the cluster population of M82 using deep optical spectroscopy and multi-band photometry.Comment: 12 pages, 8 figures; accepted for publication in The Astrophysical Journa

Influence of fault-ride-through requirements for distributed generators on the protection coordination of an actual distribution system with reclosers

This paper analyses the existing protection scheme of a real distribution system with distributed generators, in Greece. Network protection utilizes three successive reclosers at the main trunk and fuses at the laterals. The generating units are protected by overcurrent and voltage/frequency relays. The analysis focuses on the fault-ride-through capability of the generating units and proposes the resetting of the generators and network protection relays so as to conform to the requirements imposed by distribution system operators and international standards. The proposed protection system guarantees selectivity for any short-circuits occurring inside or outside the distribution system, irrelative if the generating units are connected to the network or not. Meaningful conclusions are derived from the application of the proposed protection coordination principle

A spectroscopic census of the M82 stellar cluster population

We present a spectroscopic study of the stellar cluster population of M82, the archetype starburst galaxy, based primarily on new Gemini-North multi-object spectroscopy of 49 star clusters. These observations constitute the largest to date spectroscopic dataset of extragalactic young clusters, giving virtually continuous coverage across the galaxy; we use these data to deduce information about the clusters as well as the M82 post-starburst disk and nuclear starburst environments. Spectroscopic age-dating places clusters in the nucleus and disk between (7, 15) and (30, 270) Myr, with distribution peaks at ~10 and ~140 Myr respectively. We find cluster radial velocities in the range (-160, 220) km/s (wrt the galaxy centre) and line of sight Na I D interstellar absorption line velocities in (-75, 200) km/s, in many cases entirely decoupled from the clusters. As the disk cluster radial velocities lie on the flat part of the galaxy rotation curve, we conclude that they comprise a regularly orbiting system. Our observations suggest that the largest part of the population was created as a result of the close encounter with M81 ~220 Myr ago. Clusters in the nucleus are found in solid body rotation on the bar. The possible detection of WR features in their spectra indicates that cluster formation continues in the central starburst zone. We also report the potential discovery of two old populous clusters in the halo of M82, aged >8 Gyr. Using these measurements and simple dynamical considerations, we derive a toy model for the invisible physical structure of the galaxy, and confirm the existence of two dominant spiral arms.Comment: Accepted for publication in the Astrophysical Journa

The Snapshot Hubble U-Band Cluster Survey (SHUCS) II. Star Cluster Population of NGC 2997

We study the star cluster population of NGC 2997, a giant spiral galaxy located at 9.5 Mpc and targeted by the Snapshot Hubble U-band Cluster Survey (SHUCS). Combining our U-band imaging from SHUCS with archival BVI imaging from HST, we select a high confidence sample of clusters in the circumnuclear ring and disk through a combination of automatic detection procedures and visual inspection. The cluster luminosity functions in all four filters can be approximated by power-laws with indices of $-1.7$ to $-2.3$. Some deviations from pure power-law shape are observed, hinting at the presence of a high-mass truncation in the cluster mass function. However, upon inspection of the cluster mass function, we find it is consistent with a pure power-law of index $-2.2\pm0.2$ despite a slight bend at $\sim$$2.5\times10^{4}$ M$_{\odot}$. No statistically significant truncation is observed. From the cluster age distributions, we find a low rate of disruption ($\zeta\sim-0.1$) in both the disk and circumnuclear ring. Finally, we estimate the cluster formation efficiency ($\Gamma$) over the last 100 Myr in each region, finding $7\pm2$% for the disk, $12\pm4$% for the circumnuclear ring, and $10\pm3$% for the entire UBVI footprint. This study highlights the need for wide-field UBVI coverage of galaxies to study cluster populations in detail, though a small sample of clusters can provide significant insight into the characteristics of the population.Comment: 31 pages, 9 figures, accepted to the A