1,688 research outputs found

    Who leads Research Productivity Change? Guidelines for R&D policy makers

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    Relying on efficiency analysis we evaluate to what extent policy makers have been able to promote the establishment of consolidated and comprehensive research groups to contribute to the implementation of a successful innovation system for the Spanish food technology sector, oriented to the production of knowledge based on an application model. Using data envelopment analysis techniques and Malmquist productivity indices we find pervasive levels of inefficiency and a typology of different research strategies. Among these, in contrast to what has been assumed, established groups do not play the pre-eminent benchmarking role; rather, partially oriented, specialized and "shooting star" groups are the most common patterns. These results correspond with an infant innovation system, where the fostering of higher levels of efficiency and promotion of the desired research patterns are ongoing.Innovation Policy; Management; Productivity Change; Malmquist Index; Distance Function

    Sobre la necesidad de un libro rojo «moderno» para China

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    7 p.Peer reviewe

    Regenerating the strength of thermally recycled glass fibres using hot sodium hydroxide

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    Results are presented from the ReCoVeR project on the regeneration of the strength of thermally conditioned glass fibres. Thermal recycling of end-of-life glass fibre reinforced composites or composite manufacturing waste delivers fibres with virtually no residual strength or value. Composites produced from such fibres also have extremely poor mechanical performance. Data is presented showing that a short hot sodium hydroxide solution treatment of such recycled fibres can more than triple their strength and restore their ability to act as an effective reinforcement in second life composite materials. The implications of these results for real materials reuse of recycled glass fibres as replacement for pristine reinforcement fibres are discussed

    Regeneration of thermally recycled glass fibre for cost-effective composite recycling : increasing the strength of thermally conditioned glass fibres using cost effective recover treatments

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    The paper reports an extensive study on the regenerating performance of thermally treated glass fibres using two different chemically based treatments routes. The effectiveness of these two different treatments was investigated on strength recovery of glass fibres thermally treated with the conditions imitating composite recycling technology. The regenerated strength levels of these ReCoVeRed fibres must also be further protected and maintained by the use of standard fibre sizing technology similar to standard glass fibre products. Consequently, the effect on fibre strength of the combination of our ReCoVeR treatments with the standard silane coatings was also studied. Significant increase of fibre strength was obtained through the ReCoVeR and coatings treatments, achieving up to 200% increase in fibre strength in comparison with the glass fibre thermally treated

    Mutual fund performance attribution and market timing using portfolio holdings

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    We propose a novel performance attribution model for equity fund portfolios. The model analyses investment decisions based on portfolio holdings and measures the value added from different sources of performance such as past return strategies, security selection, market timing and passive timing. The model was tested for a sample of mutual funds. Empirical results show that security selection is the main contributor to fund performance regardless of the sample period considered or the asset pricing model used. The evidence of timing ability is mixed with low significance. Nevertheless there are noticeable differences between the timing ability of the best and worst performing funds, especially in crisis periods. Analysing the relationship between mutual fund performance (and its different components) and fund characteristics, we find that top funds are significantly smaller and more concentrated than other funds. Finally, we also examine the persistence in the performance and in its components finding evidence of positive persistence in past return strategies and picking skills although this persistence is not shown in the overall performance

    Thin and thick cloud top height retrieval algorithm with the Infrared Camera and LIDAR of the JEM-EUSO Space Mission

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    The origin of cosmic rays have remained a mistery for more than a century. JEM-EUSO is a pioneer space-based telescope that will be located at the International Space Station (ISS) and its aim is to detect Ultra High Energy Cosmic Rays (UHECR) and Extremely High Energy Cosmic Rays (EHECR) by observing the atmosphere. Unlike ground-based telescopes, JEM-EUSO will observe from upwards, and therefore, for a properly UHECR reconstruction under cloudy conditions, a key element of JEM-EUSO is an Atmospheric Monitoring System (AMS). This AMS consists of a space qualified bi-spectral Infrared Camera, that will provide the cloud coverage and cloud top height in the JEM-EUSO Field of View (FoV) and a LIDAR, that will measure the atmospheric optical depth in the direction it has been shot. In this paper we will explain the effects of clouds for the determination of the UHECR arrival direction. Moreover, since the cloud top height retrieval is crucial to analyze the UHECR and EHECR events under cloudy conditions, the retrieval algorithm that fulfills the technical requierements of the Infrared Camera of JEM-EUSO to reconstruct the cloud top height is presently reported.Comment: 5 pages, 6 figures, Atmohead Conference 201
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