An Inquiry into the Status and Nature of University-Industry Research Collaborations in Japan and Korea

University-industry collaboration (UIC) has become an increasingly frequent innovation strategy, especially in the Western hemisphere. But we know much less about such research collaborations in East Asia. This study explores and contrasts the current nature and status of UICs in Japan and Korea focusing on factors that facilitate the development and management of such research linkages. The findings indicate that UICs are path dependent, i.e. firms benefit from their experience with previous projects when collaborating with universities. At the same time, cultural factors appear to result in significant differences in the organization of UICs in Japan and Korea.University-industry collaboration, R&D collaboration, International comparison, Japan, Korea

The Fragility of Short-Term Secured Funding Markets

This paper develops an infinite-horizon model of financial institutions that borrow short-term and invest in long-term assets that can be traded in frictionless markets. Because these financial intermediaries perform maturity transformation, they are subject to potential runs. We derive distinct liquidity, collateral, and asset liquidation constraints, which determine whether a run can occur as a result of changing market expectations. We show that the extent to which borrowers can ward off an individual run depends on whether it has sufficient liquidity, collateral, and asset liquidation capacity. These determinants depend on the borrower’s (endogenous) balance sheet and on (exogenous) fundamentals. Systemic runs are possible if shocks to the valuation of collateral held by outside investors are sufficiently strong and uniform, and if the system as a whole is exposed to high short-term funding risk. The theory has policy implications for prudential regulation and lender-of-last-resort interventions

Pest prevention in Brassica vegetables : relating ecosystem services and disservices to landscape

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Exploiting technological synergies for future launch vehicles

Two launch vehicle concepts based on technologies available today or in a short term future in Western Europe are presented. The design of both launchers has the goal of exploiting synergies with current European programs to limit development and operational costs. Technologies of particular interest here are the high performance solid rocket motors with carbon-epoxy filament wound monolithic motor cases and the future high performance cryogenic expander cycle engine Vinci. The first concept dubbed ANGELA (A New GEneration LAuncher) is a study financed with funds of the German Ministry of Economics and managed by the DLR Space Administration. The project, which started in the summer of 2012 aims at designing a low cost versatile launcher able to place payloads between 2 and 5 tons into GTO. Three architectures have been considered during the first phase of the study. This phase was concluded in March 2013 with the preliminary stagings, which will be the starting point of more detailed analyses. The first architecture is made out of an H110 (stage with 110 tons of LOx/LH2) equipped with two Vulcain 2 engines with shortened nozzles and an H29 propelled by a Vinci engine. In addition the variation of the number of P36 solid rocket boosters allow to reach the entire range of payload performance. The second architecture differs from the first one only by the use of a new staged-combustion engine instead of two Vulcain 2 engines. The new engine, which should deliver 1800 kN in vacuum, allows a reduction of the size of the stages to H90-H24, enhanced with P34 boosters. The third and last architecture is a so called Multi PPH. The first stage is a bundle of 2 or 3 P120 solid rocket motors. The second stage is made out of one single P120, strictly similar to those used for the first stage. Finally the upper stage is an H23 equipped with a Vinci engine, the same as the two other architectures. The second launcher concept described in this paper is the small TSTO launch vehicle. It consists of a large solid rocket motor first stage P175 and a cryogenic upper stage propelled by the Vinci engine, H26. The preliminary design performed at DLR-SART considers two target performances. The light version of the small TSTO shall perform Galileo satellite replacement single launch missions to MTO corresponding to a payload performance of about 1400 kg in GTO. A heavy version of the launch vehicle shall be able to launch payloads up to 3000 kg in GTO. The performance increase for the heavy version is made possible by the addition of two pairs of P23 boosters, the second pair being ignited with a delay

Efficient design of piezoresistive sensors based on carbon black conductive composites

Flexible and stretchable sensors are widely investigated taking into account their potential for wearable electronics, such as electronic skin, healthcare monitoring, human-machine interfaces, and soft robotics. In this contribution, highly sensitive conductive polymer composites (CPCs) for piezoresistive sensing are summarized, considering a straightforward manufacturing process based on extrusion of thermoplastic polyurethane (TPU) and/or olefin block copolymer (OBC), carbon black (CB), and additionally polyethylene-octene elastomer (POE) grafted with maleic anhydride (POE-g-MA). The design of the formulation variables is successfully performed to enable both low and high strain sensing, as highlighted by both static and dynamic testing

Randomness Relative to Cantor Expansions

Imagine a sequence in which the first letter comes from a binary alphabet, the second letter can be chosen on an alphabet with 10 elements, the third letter can be chosen on an alphabet with 3 elements and so on. When such a sequence can be called random? In this paper we offer a solution to the above question using the approach to randomness proposed by Algorithmic Information Theory.Comment: several small change