This study examines how economic freedom and competition affect bank stability. We use data from 70 ASEAN-4 banks from 2007 to 2019 using the system generalized technique of moments. Results corroborate competition-fragility hypothesis. Market strength (or less competition) can boost bank stability. However, in the ASEAN-4 area, competition and bank stability have a non-linear relationship, suggesting that bank stability may decline after market strength exceeds a threshold. Financial and economic freedom also boosts bank stability. This implies banks in free financial and economic contexts are more stable. Banks with more market dominance in nations with more economic or financial autonomy may also be more unstable. The findings suggest that authorities should allow some competition and economic flexibility to keep banks stable. The study examined ASEAN-4 economic freedom’s effects empirically for the first time. It illuminates competitiveness and bank stability.
Current study examines the intervening role of team creativity for the relationship of four kinds of KM practice with innovation and the moderating effect of proactiveness in IT companies based on a Knowledge-Based View (KBV). Data was collected from 316 employees of IT companies who engage in software development in teams with the help of a simple random sampling method. Results indicate that KM practices have a positive impact on innovation. Also, team creativity plays mediating role in the relation of two KM practices i.e., knowledge sharing and knowledge application with innovation. Whereas proactiveness plays a positive moderating role in the relation of knowledge application and knowledge generation with innovation. Moreover, it plays a negative moderating role in relation of Knowledge sharing with innovation. This research adds to the body of literature by suggesting a framework of knowledge diffusion, knowledge storage, knowledge generation, knowledge application, team creativity, proactiveness, and innovation in a single model. This research also adds to the body of literature by proposing the intervening role of team creativity in the relationships of knowledge diffusion, knowledge storage, knowledge generation, and knowledge application, with innovation. The results of this research help the managers to use the team creativity concept to intervene in relation of knowledge diffusion, knowledge storage, knowledge generation, and knowledge application, with innovation. The results of the current study also give valuable insights to managers into why they can use the proactiveness to moderate the relations of knowledge diffusion, knowledge storage, knowledge generation, and knowledge application, with innovation. Current study adds in the body of literature by proposing the entire manuscript on the basis of two theories i.e., Knowledge-Based View (KBV) builds on and expands the RBV.
Sustainable development is a foundational element in European Union (EU) policies, yet there remains a lack of coherence among member states regarding the perception and response to environmental challenges, resulting in regional inequalities. The “Fit for 55” initiative by the EU is an ambitious strategy aiming to reduce greenhouse gas emissions by 55% by 2030, as part of its broader goal of achieving climate neutrality by 2050. This study investigates the economic impact and intergovernmental dynamics of the “Fit for 55” plan, analyzing its potential to not only meet environmental targets but also to foster economic resilience and social equity across the EU. The purpose of this study is to assess the effectiveness of the “Fit for 55” initiative in harmonizing environmental goals with economic and social policies among diverse EU member states. The study reveals that while the initiative offers significant potential benefits, such as stimulating innovation and creating jobs in green industries, it also faces considerable challenges, including economic disparities among member states and the social impacts of rapid decarbonization. These findings highlight the need for integrated approaches that address both environmental sustainability and socio-economic equity.
Adopting electric vehicles (E.V.) is crucial for promoting sustainable mobility in metropolitan areas such as Medan, Indonesia. To achieve this, it is essential to comprehend the factors that influence E.V. adoption, with a particular focus on the impact of media. This study examines the adoption of electric vehicles in Medan and evaluates the influence of the media on the public’s perception and policy decisions. Opinions, concerns, and recommendations surrounding electric vehicles were examined through surveys and interviews with 35 stakeholders, including students, lawmakers, industry experts, business owners, and media professionals. The findings indicate a strong knowledge and favorable perception of electric vehicles in Medan. However, there are worries regarding the expenses associated with E.V.s and the availability of charging infrastructure. Notably, 60% of the respondents identified media as their primary source of information, highlighting its significant influence. Encouraging cooperation between media, professionals, and stakeholders is advisable to achieve accurate and balanced reporting. This can be done by employing techniques like showcasing success stories and emphasizing the environmental advantages to encourage acceptance and implementation. This study provides valuable insights into improving the adoption of electric vehicles in Medan. It emphasizes the significance of implementing effective media strategies and supportive policies to achieve sustainable transportation solutions.
The Method of Discretization in Time (MDT) is a hybrid numerical technique intended to alleviate upfront the computational procedure of timedependent partial differential equations of parabolic type upfront. The MDT engenders a sequence of adjoint second order ordinary differential equations, wherein the space coordinate is the independent variable and time becomes an embedded parameter. Essentially, the adjoint second order ordinary differential equations are considered of “quasistationary” nature. In this work, the MDT is used for the analysis of unsteady heat conduction in regular bodies (large wall, long cylinder and sphere) accounting for nearly constant thermophysical properties, uniform initial temperature and surface heat flux. In engineering applications, the surface heat flux is customarily provided by electrical heating, radiative heating and pool fire heating. It is demonstrated that the approximate, semianalytical temperature solutions of the first adjoint “quasistationary” heat conduction equations using the first time jump are easily obtainable for each regular body. For enhanced acccuracy, regression analysis is applied to the deviations of the dimensionless surface temperature as a function of the dimensionless time for each regular body.
A new method has been proposed to estimate top heat losses of vertical flat plate liquid/air collectors with double glazing. Empirical relations have been developed for the temperatures of glass covers, thus facilitating the calculation of individual heat transfer coefficients. The values of individual heat transfer coefficients therefore obtained can be used in the proposed analytical equation for the estimation of the top heat loss coefficient of the vertical collector with double glazing. The analytical equation has been developed for collector tilt angle of 60 to 90 degrees, plate temperature of 323 K to 423 K, absorber coating emittance of 0.1 to 0.95, air gap spacing of 20 mm to 50mm between the plate and inner glass cover, air gap spacing of 20 mm to 50mm between glass covers, wind heat transfer coefficient of 5 W/m2K to 30 W/m2K, and ambient temperature of 263K to 313K. The accuracy of the analytical equation has been validated for the said range of variables in comparison to numerical solutions, and the values of the top heat loss coefficient are found to be within 2.5 percent compared to numerical solutions.
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