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Sample records for industrial assets philosophical

  1. Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View

    Directory of Open Access Journals (Sweden)

    R.M. Chandima Ratnayake

    2009-05-01

    Full Text Available Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents of performance measurement and attempts to give philosophical definition, in fact addressed the evolution of traditional ways of measuring performance. The paper suggests that modern frameworks have indeed addressed the organizations external to them while satisfying the conditions internal to them and providing an analogy of the notion of kuhn’s scientific paradigm. This analogy is consistent with the fundamental proposition of Kuhnian philosophy of science, that progress only happens thorough successive and abrupt shifts of paradigm.

  2. A Theoretical Assessment on Optimal Asset Allocations in Insurance Industry

    Directory of Open Access Journals (Sweden)

    Bilel Jarraya

    2013-10-01

    Full Text Available In recent years the financial markets known a rapid development and become more and more complex. So, many regulatory requirements, focused on banks as well as insurance sector, have been developed. These regulatory are concentrated essentially on business risk control and required capital to cover risks. These requirements have influenced the asset allocation issue in insurance industry. These requirements have influenced the asset allocation issue in insurance industry. This section is interested by this issue. In first time it highlights some research works in this issue. Then we will investigate the relation between Solvency and optimal asset allocation. Finally we will explore the principal used methods in modeling asset and in choosing the optimal portfolio composition.

  3. Nuclear industry strategic asset management: Managing nuclear assets in a competitive environment

    International Nuclear Information System (INIS)

    Mueller, H.; Hunt, E.W. Jr.; Oatman, E.N.

    1999-01-01

    The former Electric Power Research Institute took the lead in developing an approach now widely known as strategic asset management (SAM). The SAM methodology applies the tools of decision/risk analysis used in the financial community to clarify effective use of physical assets and resources to create value: to build a clear line of sight to value creation. SAM processes have been used in both the power and other industries. The rapid change taking place in the nuclear business creates the need for competitive decision making regarding the management of nuclear assets. The nuclear industry is moving into an era in which shareholder value is determined by the net revenues earned on power marketed in a highly competitive and frequently low-priced power market environment

  4. The Canadian nuclear industry - a national asset

    International Nuclear Information System (INIS)

    1985-03-01

    The economic importance of the Canadian nuclear industry in saving costs and creating jobs is expounded. The medical work of Atomic Energy of Canada Limited is also extolled. The Canadian Nuclear Association urges the federal government to continue to support the industry at home, and to continue to promote nuclear exports. This report was prepared in response to the Federal Finance Minister's 'A New Direction for Canada'

  5. Online Monitoring of Plant Assets in the Nuclear Industry

    Energy Technology Data Exchange (ETDEWEB)

    Nancy Lybeck; Vivek Agarwal; Binh Pham; Richard Rusaw; Randy Bickford

    2013-10-01

    Today’s online monitoring technologies provide opportunities to perform predictive and proactive health management of assets within many different industries, in particular the defense and aerospace industries. The nuclear industry can leverage these technologies to enhance safety, productivity, and reliability of the aging fleet of existing nuclear power plants. The U.S. Department of Energy’s Light Water Reactor Sustainability Program is collaborating with the Electric Power Research Institute’s (EPRI’s) Long-Term Operations program to implement online monitoring in existing nuclear power plants. Proactive online monitoring in the nuclear industry is being explored using EPRI’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software, a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. This paper focuses on development of asset fault signatures used to assess the health status of generator step-up transformers and emergency diesel generators in nuclear power plants. Asset fault signatures describe the distinctive features based on technical examinations that can be used to detect a specific fault type. Fault signatures are developed based on the results of detailed technical research and on the knowledge and experience of technical experts. The Diagnostic Advisor of the FW-PHM Suite software matches developed fault signatures with operational data to provide early identification of critical faults and troubleshooting advice that could be used to distinguish between faults with similar symptoms. This research is important as it will support the automation of predictive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  6. KNOWLEDGE ASSETS IN SERVICES ACROSS INDUSTRIES AND ACROSS TIME

    Directory of Open Access Journals (Sweden)

    Erickson, G. Scott

    2015-05-01

    Full Text Available This paper explores the question of whether knowledge assets are more developed in services industries than in non-services. The concept of the “knowledge economy” has always gone hand-in-hand with growth in the percentage of the economy represented by services. Two multi-year, multi-industry datasets are used to directly compare the knowledge asset levels in service industry firms against those in non-service industry firms. Service industries do, indeed, reflect higher levels of intellectual capital in recent years, but did not do so a decade ago. Further, there is considerable evidence of changes in specific service and non-service industries over the time period, adding details to the finding that knowledge development is not static but does vary over time and circumstance. These results open up a number of promising research directions that could lead to a better understanding of the nature of these differing circumstances and how better strategic choices might be made regarding investments in knowledge management.

  7. Decision-Making Methodologies for Reuse of Industrial Assets

    Directory of Open Access Journals (Sweden)

    J. Claver

    2018-01-01

    Full Text Available When there is a social consensus that industrial assets are in fact heritage elements of cultural interest, their conservation and reuse must be considered with approaches that offer greater guarantees and that prevent their exposure to aggressive actions. In order for this to materialise, many aspects must be included in the decision-making process, from the characteristics of an asset and its surroundings, to the valuable aspects that distinguish it and that must be protected. This study aims to develop tools that guide the decision-making process regarding the most appropriate activity for each specific case study. Multicriteria Decision Support Techniques are evaluated as adequate support to create a proposal that fulfils these objectives. Furthermore, the Analytic Hierarchy Process is adapted to develop methodologies for assessing both the heritage value and the most compatible uses according to the characteristics of the asset. Subsequently, they are connected and such considerations regarding the heritage value of the asset are incorporated into the final decision. The tools developed are then applied to a case study to test their performance, assess their usefulness, and identify possible applications and future developments.

  8. Towards Dynamic Criticality-Based Maintenance Strategy for Industrial Assets

    OpenAIRE

    Adams, Joel; Srinivasan, Rengarajan; Parlikad, Ajith Kumar; Diaz, V; Crespo, Marquez A

    2016-01-01

    An asset’s risk is a useful indicator for determining optimal time of repair/replacement for assets in order to yield minimal operational cost of maintenance. For a successful asset management practice, asset-intensive organisations must understand the risk profile associated with their asset portfolio and how this will change over time. Unfortunately, in many risk-based asset management approaches, the only thing that is known to change in the risk profile of the asset is the likelihood (or ...

  9. Intangible asset valuation, damages, and transfer price analyses in the health care industry.

    Science.gov (United States)

    Reilly, Robert F

    2010-01-01

    Most health care industry participants own and operate intangible assets. These intangible assets can be industry-specific (e.g., patient charts and records, certificates of need, professional and other licenses), or they can be general commercial intangible assets (e.g., trademarks, systems and procedures, an assembled workforce). Many industry participants have valued their intangible assets for financial accounting or other purposes. This article summarizes the intangible assets that are common to health care industry participants. This article describes the different types of intangible asset analyses (including valuation, transfer price, damages estimates, etc.), and explains the many different transaction, accounting, taxation, regulatory, litigation, and other reasons why industry participants may wish to value (or otherwise analyze) health care intangible assets.

  10. IoT-based Asset Management System for Healthcare-related Industries

    Directory of Open Access Journals (Sweden)

    Lee Carman Ka Man

    2015-11-01

    Full Text Available The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS is proposed and developed based on Artificial Neural Network (ANN and Fuzzy Logic (FL, incorporating IoT technologies for asset management to optimize the supply of resources.

  11. Industrie 4.0 - Technical Assets: Grundlegende Begriffe, Konzepte, Lebenszyklen und Verwaltung. Statusreport

    OpenAIRE

    Bangemann, T.; Bauer, C.; Bendenbender, H.; Diesner, M.; Epple, U.; Elmas, F.; Friedrich, J.; Goldschmidt, T.; Göbe, F.; Grüner, S.; Hankel, M.; Heidel, R.; Hesselmann, K.; Hüttemann, G.; Kehl, H.

    2015-01-01

    Der neue Statusreport 'Industrie 4.0 - Technische Assets; Grundlegende Begriffe, Konzepte, Lebenszyklen und Verwaltung' enthält Erläuterungen zum besseren Verständnis des Referenzarchitekturmodells RAMI4.0 und grundlegende Konzepte zur Modellierung von technischen Assets, ihren Lebenszyklen und ihrer Verwaltung in der Informationswelt. Außerdem enthält er alle 42 bisher im Konsens verabschiedeten Begriffe zu Industrie 4.0. Pünktlich zum Nationalen IT-Gipfel am 18./19.11.2015 in Berlin erschei...

  12. Development of Asset Fault Signatures for Prognostic and Health Management in the Nuclear Industry

    Energy Technology Data Exchange (ETDEWEB)

    Vivek Agarwal; Nancy J. Lybeck; Randall Bickford; Richard Rusaw

    2014-06-01

    Proactive online monitoring in the nuclear industry is being explored using the Electric Power Research Institute’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software. The FW-PHM Suite is a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. The FW-PHM Suite has four main modules: Diagnostic Advisor, Asset Fault Signature (AFS) Database, Remaining Useful Life Advisor, and Remaining Useful Life Database. This paper focuses on development of asset fault signatures to assess the health status of generator step-up generators and emergency diesel generators in nuclear power plants. Asset fault signatures describe the distinctive features based on technical examinations that can be used to detect a specific fault type. At the most basic level, fault signatures are comprised of an asset type, a fault type, and a set of one or more fault features (symptoms) that are indicative of the specified fault. The AFS Database is populated with asset fault signatures via a content development exercise that is based on the results of intensive technical research and on the knowledge and experience of technical experts. The developed fault signatures capture this knowledge and implement it in a standardized approach, thereby streamlining the diagnostic and prognostic process. This will support the automation of proactive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  13. Nuclear power: which industrial approach will preserve a French asset?

    International Nuclear Information System (INIS)

    Machenaud, H.

    2012-01-01

    France's strategic decision in favor of nuclear energy in the 1970's has given rise to an organization of this industry with clearly defined roles and responsibilities for all parties. This has led to the mastering of industrial production of the whole chain from mining to fuel reprocessing and to waste disposal. Nuclear safety was at any stage of the chain the priority number one. The French nuclear industry is present on the international scene and thus maintain its know-how and capacities despite the ups and downs of the nuclear market. Today 240.000 people work in France in the nuclear sector. France has followed a consistent energy policy during the last 50 years and benefits from an important and homogeneous fleet of reactors which has generated a rich feedback experience on reactor operation. The tasks that face the French nuclear industry are: -) to comply with the requirements of the Complementary Safety Assessments that have been performed on all French nuclear facilities, -) to maintain and upgrade the power plants (most of them are facing their 3. decennial overhaul), -) to prepare the nuclear systems of tomorrow, and -) to export the French know-how

  14. The application of intangible asset accounting and discretionary policy choices in the UK football industry

    OpenAIRE

    Rowbottom, Nicholas

    2002-01-01

    This paper investigates the use of intangible asset accounting and the selection of accounting policies in the football industry, an environment where discretionary choices were available concerning accounting for transfer fees. Additionally, companies in this dynamic and socially influential industry are unique in recognising investments in human resources on the balance sheet. Proxies representing the level of tax costs, equity depletion, underwriter pressure and auditors used are found to ...

  15. The industrial ecology of asset management: A case study

    Energy Technology Data Exchange (ETDEWEB)

    Hunsaker, D.B. Jr.; Curlee, T.R.; Ensminger, J.T.; Rivera, R.G.; Yuracko, K.L.

    1996-09-01

    Closure of materials cycles (one key goal in industrial ecology) to produces environmental and economic benefits. An interdisciplinary team of scientists and engineers at ORNL developed a life-cycle approach to examine the environmental and economic aspects of using purchased metal boxes for disposal of low-level radioactive waste vs a proposed process of fabricating boxes from metal already contaminated and destined for disposal as LLRW. This proposal would plug a leak in the steel materials cycle in which steel is removed from the commercial cycle for permanent disposal with LLRW. It was found that fabricating boxes out of the contaminated metal could (1)result in a direct savings of $80 million over prompt total disposal of the metal; (2)add an additional 100 jobs and about $10M/year to the regional economy compared to direct disposal; (3) result in lower particulate matter and SO{sub 2} emissions; (4) face reduced regulatory barriers; and (5)face public acceptance issues in local communities due to perceptions of risk from private sector metal recycling operations.

  16. Disclosure of immobilized assets on companies sector industrial goods of BM&FBovespa

    Directory of Open Access Journals (Sweden)

    Sueli Viviani

    2014-12-01

    Full Text Available The study examined the process of disclosure of Industrials companies listed on the BM&FBovespa, after the convergence of Brazilian accounting to IFRS, in accordance with CPC 27 - Fixed Assets . Was carried a descriptive study, conducted through content analysis and quantitative approach using the calculation of entropy proposed by Zeleny (1982. The sample consists of 34 companies in the Industrial Goods sector listed on the BM&FBovespa. The results revealed that the disclosure of items of fixed assets is not performed homogeneously by companies. Some requirements required by CPC 27 were reported incompletely or are absent. A detailed analysis of the items investigated stressed that disclosure to class of fixed assets, was the best performed, followed by depreciation policies adopted by companies, it was observed that most companies show so complete this information. The information highlighted regarding the reconciliation of the carrying amount, had higher entropy, hence there is greater heterogeneity in this items reported. The disclosure of other information about the property, deemed necessary by CPC27, were less prominent by the companies, not apply in some cases or for being absent in the notes. In general, we concluded that the analyzed companies have been responding only partially to the disclosure requirements of CPC 27. However, the basic and more important information to the external user, concerning the class of assets and depreciation rates are being shown.

  17. Ways for Accounting Policy Improvement of Non-current Assets at Industrial Enterprises (by Ferroconcrete Structures Plant Example)

    OpenAIRE

    Ivan Derun

    2013-01-01

    This Article provides the analysis of accounting policy development specifics for domestic industrial enterprises as per fixed assets accounting affecting the quality of the information disclosed in financial statements. The key elements of accounting policies have been highlighted with respect to non-current assets in compliance with the legislation. The extended list of non-current assets accounting methods and procedures has been proposed for cases where the National Accounting Regulations...

  18. Factor-Based v. Industry-Based Asset Allocation: The Contest

    OpenAIRE

    Marie Briere; Ariane Szafarz

    2015-01-01

    Factor investing has emerged as the new paradigm for long-term investment. Applied to equities, factor investing is probably the most serious contender to the classical industry-based approach to asset allocation. By organizing a multi-trial contest opposing factor investing and sector investing, we address two questions: 1) Are the excess returns of factor investing offset by higher risks, and if so, are factor-specific risks eliminable by means of factor diversification? 2) How does factor ...

  19. Chemical Industry Corrosion Management: A Comprehensive Information System (ASSET 2). Final Report

    Energy Technology Data Exchange (ETDEWEB)

    John, Randy C. [Shell Global Solutions, Houston, TX (United States); Young, Arthur L. [Humberside Solutions, Toronto, ON (Canada); Pelton, Arthur D. [CRCT, Ecole Polytechnique de Montreal, Quebec (Canada); Thompson, William T. [Royal Military College of Canada, Kingston, ON (Canada); Wright, Ian G. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2008-10-10

    The research sponsored by this project has greatly expanded the ASSET corrosion prediction software system to produce a world-class technology to assess and predict engineering corrosion of metals and alloys corroding by exposure to hot gases. The effort included corrosion data compilation from numerous industrial sources and data generation at Shell Oak Ridge National Laboratory and several other companies for selected conditions. These data were organized into groupings representing various combinations of commercially available alloys and corrosion by various mechanisms after acceptance via a critical screening process to ensure the data were for alloys and conditions, which were adequately well defined, and of sufficient repeatability. ASSET is the largest and most capable, publicly-available technology in the field of corrosion assessment and prediction for alloys corroding by high temperature processes in chemical plants, hydrogen production, energy conversion processes, petroleum refining, power generation, fuels production and pulp/paper processes. The problems addressed by ASSET are: determination of the likely dominant corrosion mechanism based upon information available to the chemical engineers designing and/or operating various processes and prediction of engineering metal losses and lifetimes of commercial alloys used to build structural components. These assessments consider exposure conditions (metal temperatures, gas compositions and pressures), alloy compositions and exposure times. Results of the assessments are determination of the likely dominant corrosion mechanism and prediction of the loss of metal/alloy thickness as a function of time, temperature, gas composition and gas pressure. The uses of these corrosion mechanism assessments and metal loss predictions are that the degradation of processing equipment can be managed for the first time in a way which supports efforts to reduce energy consumption, ensure structural integrity of equipment

  20. FIXED ASSETS WITH AN OPEN-ENDED USEFUL LIFE AS A NEW OBJECT OF ACCOUNTING IN THE SHIP REPAIR INDUSTRY

    Directory of Open Access Journals (Sweden)

    Olga Zharikova

    2015-09-01

    Full Text Available The industry-specific factors that contribute to the allocation of a new object of accounting in property, plant and equipment of the ship repair industry organizations are revealed. Specificity the salvaging operation of hydraulic structures, which affect the organization and methodology of objects` accounting, is described. The definition of "fixed assets with an open-ended useful life" is proposed.

  1. Investments Portfolio Optimal Planning for industrial assets management: Method and Tool

    International Nuclear Information System (INIS)

    Lonchampt, Jerome; Fessart, Karine

    2012-01-01

    The purpose of this paper is to describe the method and tool dedicated to optimize investments planning for industrial assets. These investments may either be preventive maintenance tasks, asset enhancement or logistic investment such as spare parts purchase. The three methodological points to investigate in such an issue are: 1. The measure of the profitability of a portfolio of investments 2. The selection and planning of an optimal set of investments 3. The measure of the risk of a portfolio of investments The measure of the profitability of a set of investments in the IPOP (registered) tool is synthesised in the Net Present Value indicator. The NPV is the sum of the differences of discounted cash flows (direct costs, forced outages...) between the situations with and without a given investment. These cash flows are calculated through a pseudo-markov reliability model representing independently the components of the industrial asset and the spare parts inventories. The component model has been widely discussed over the years but the spare part model is a new one based on some approximations that will be discussed. This model, referred as the NPV function, takes for input an investments portfolio and gives its NPV. The second issue is to optimize the NPV. If all investments were independent, this optimization would be an easy calculation, unfortunately there are two sources of dependency. The first one is introduced by the spare part model, as if components are indeed independent in their reliability model, the fact that several components use the same inventory induces a dependency. The second dependency comes from economic, technical or logistic constraints, such as a global maintenance budget limit or a precedence constraint between two investments, making the aggregation of individual optimum not necessary feasible. The algorithm used to solve such a difficult optimization problem is a genetic algorithm. After a description of the features of the software a

  2. The ASSET service. Will another accident occur in the nuclear industry? In which country? When?

    International Nuclear Information System (INIS)

    Thomas, B.

    1997-01-01

    The presentation discusses the following issues: prevention of accidents at nuclear power plants(NPP); promotion of self assessment of NPP safety; guidance of self assessment; the ASSET methodology; plant defence in depth; safety culture; operating experience feedback;guidance for ASSET peer-review; ASSET missions conducted at the request of the IAEA member states

  3. Examining the relation between intangible assets and technical efficiency in the international textile and clothing industry

    NARCIS (Netherlands)

    Kapelko, M.; Oude Lansink, A.G.J.M.

    2014-01-01

    The resource-based view of the firm suggests that intangible assets have a positive impact on firm performance. This study examined the relation between intangible assets and technical efficiency of textile and clothing firms. A double bootstrap data envelopment analysis approach was used to measure

  4. Data as an asset: What the oil and gas sector can learn from other industries about “Big Data”

    International Nuclear Information System (INIS)

    Perrons, Robert K.; Jensen, Jesse W.

    2015-01-01

    The upstream oil and gas industry has been contending with massive data sets and monolithic files for many years, but “Big Data” is a relatively new concept that has the potential to significantly re-shape the industry. Despite the impressive amount of value that is being realized by Big Data technologies in other parts of the marketplace, however, much of the data collected within the oil and gas sector tends to be discarded, ignored, or analyzed in a very cursory way. This viewpoint examines existing data management practices in the upstream oil and gas industry, and compares them to practices and philosophies that have emerged in organizations that are leading the way in Big Data. The comparison shows that, in companies that are widely considered to be leaders in Big Data analytics, data is regarded as a valuable asset—but this is usually not true within the oil and gas industry insofar as data is frequently regarded there as descriptive information about a physical asset rather than something that is valuable in and of itself. The paper then discusses how the industry could potentially extract more value from data, and concludes with a series of policy-related questions to this end. -- Highlights: •Upstream oil and gas industry frequently discards or ignores the data it collects •The sector tends to view data as descriptive information about the state of assets •Leaders in Big Data, by stark contrast, regard data as an asset in and of itself •Industry should use Big Data tools to extract more value from digital information

  5. ASSET guidelines

    International Nuclear Information System (INIS)

    1990-11-01

    The IAEA Assessment of Safety Significant Events Team (ASSET) Service provides advice and assistance to Member States to enhance the overall level of plant safety while dealing with the policy of prevention of incidents at nuclear power plants. The ASSET programme, initiated in 1986, is not restricted to any particular group of Member States, whether developing or industrialized, but is available to all countries with nuclear power plants in operation or approaching commercial operation. The IAEA Safety Series publications form common basis for the ASSET reviews, including the Nuclear Safety Standards (NUSS) and the Basic Safety Principles (Recommendations of Safety Series No. 75-INSAG-3). The ASSET Guidelines provide overall guidance for the experts to ensure the consistency and comprehensiveness of their review of incident investigations. Additional guidance and reference material is provided by the IAEA to complement the expertise of the ASSET members. ASSET reviews accept different approaches that contribute to ensuring an effective prevention of incidents at plants. Suggestions are offered to enhance plant safety performance. Commendable good practices are identified and generic lessons are communicated to other plants, where relevant, for long term improvement

  6. Philosophical Papers

    African Journals Online (AJOL)

    Philosophical Papers is a generalist journal of philosophy edited in the Department of Philosophy at Rhodes University. The journal appears three times a year; the November issue of every year is topic-based and guest-edited. The journal is published by Routledge (Taylor & Francis). Information regarding submissions ...

  7. Formation of intangible assets and their impact on the market value of industrial enterprises

    OpenAIRE

    O.V. Melnyk

    2013-01-01

    The aim of the article. The aim of the article is to generalize conceptual approaches to the peculiarities of formation of intangible assets of the company in the context of strategic management, aimed at their effective involvement into economic circulation, in turn, will promote the growth of the capitalization of the ompany, having regard to the fundamental factors of the development of knowledge economy.The results of the analysis. In the context of deliberate influence formation (target ...

  8. On the use of genetic algorithm to optimize industrial assets lifecycle management under safety and budget constraints

    International Nuclear Information System (INIS)

    Lonchampt, J.; Fessart, K.

    2013-01-01

    The purpose of this paper is to describe the method and tool dedicated to optimize investments planning for industrial assets. These investments may either be preventive maintenance tasks, asset enhancements or logistic investments such as spare parts purchases. The two methodological points to investigate in such an issue are: 1. The measure of the profitability of a portfolio of investments 2. The selection and planning of an optimal set of investments 3. The measure of the risk of a portfolio of investments The measure of the profitability of a set of investments in the IPOP tool is synthesised in the Net Present Value indicator. The NPV is the sum of the differences of discounted cash flows (direct costs, forced outages...) between the situations with and without a given investment. These cash flows are calculated through a pseudo-Markov reliability model representing independently the components of the industrial asset and the spare parts inventories. The component model has been widely discussed over the years but the spare part model is a new one based on some approximations that will be discussed. This model, referred as the NPV function, takes for input an investments portfolio and gives its NPV. The second issue is to optimize the NPV. If all investments were independent, this optimization would be an easy calculation, unfortunately there are two sources of dependency. The first one is introduced by the spare part model, as if components are indeed independent in their reliability model, the fact that several components use the same inventory induces a dependency. The second dependency comes from economic, technical or logistic constraints, such as a global maintenance budget limit or a safety requirement limiting the residual risk of failure of a component or group of component, making the aggregation of individual optimum not necessary feasible. The algorithm used to solve such a difficult optimization problem is a genetic algorithm. After a description

  9. Pharma TARP: A Troubled Asset Relief Program for Novel, Abandoned Projects in the Pharmaceutical Industry

    Directory of Open Access Journals (Sweden)

    Tamas Bartfai

    2011-01-01

    Full Text Available Within days of each other, Pfizer, Merck, and GlaxoSmithKline announced that they will focus on a few therapeutic areas only and abandon others entirely. Pfizer alone will close well over a hundred drug development projects that have reached two-thirds of the way to launch. The programs are deemed to be too risky and not lucrative enough for Big Pharma in the current climate. Society has a real need for the drugs that are no longer going to be developed for, among others, drug-resistant epilepsy, neuropathic and cancer pain, type-2 diabetes, obesity, and schizophrenia. The authors propose a radical response by the U.S. government and the National Institutes of Health to rescue these abandoned projects, and to continue selected programs for drug approval by the U.S. Food and Drug Administration and the European Medicines Agency. The investment required is small compared to the Troubled Asset Relief Program bank bail out, but the return on investment in financial terms and in satisfying societal needs makes this proposal attractive.

  10. Executive brief to federal government 'the Canadian nuclear industry - a national asset'

    International Nuclear Information System (INIS)

    1985-03-01

    Over a period of 40 years Canada has developed a remarkable nuclear industry. In keeping with our mining heritage, we are the world's leading uranium producer, with the highest grade orebodies in existence still waiting to be tapped. In the realm of high technology development, our CANDU reactor is second to none. Year after year Canadian CANDUs dominate the 'top 10' performance records world-wide. The nuclear industry has created direct employment for over 30,000 Canadians. The 'high tech' sectors of the industry are now vigorously seeking export markets for their products and services. As the world recovers from the recent prolonged recession, electricity demand is rising. Once again electricity is the engine of growth. Already utilities are planning to add new generating capacity. Canadian nuclear resources, technology and skilled people are proven and available. By seizing the opportunities which are opening up for us, a properly recognized nuclear industry can make a vital contribution to Canada's economic renewal. This brief has been prepared by the Canadian Nuclear Association (CNA) in response to the challenge issued to Canadians in Finance Minister Michael Wilson's document 'A New Direction for Canada'. This brief responds in terms of the major policy issues and opportunities as seen by the Canadian nuclear industry

  11. Determinants of Investment in Fixed Assets in Electric Power Industry - An Econometric Analysis

    OpenAIRE

    S. L. Tulasi Devi; R. N. Rao

    2013-01-01

    This paper focuses attention on specific aspects of entrepreneurial decisions relating to investment, both in the total fixed investments and plant & machinery (separately). Demand and financial factors, internal and external, are considered in the investment analysis. Finally the influence of determinants of fixed investment and investment plans are examined in Electric Power industry in India.

  12. After-sales service of engineering industrial assets a reference framework for warranty management

    CERN Document Server

    González-Prida Díaz, Vicente

    2014-01-01

    This book explores the practical implementation of an advanced after-sales management framework devoted to warranty management. The framework is intended for companies producing either standardized or customized products, and such a management tool will facilitate organizational improvement and support innovative decision making processes for technical assistance in after-sales services.  “After–sales Service of Engineering Industrial Assets” comprises a proposal for a warranty management framework, with an account of the different methods that can be used to improve decision making in the different stages of the after-sales service management process, and strategies for strengthening the structure and foundations of the framework. A review of the fundamental issues and current research topics in warranty management and after sales services is also provided, which is exemplified by a case study. This book is intended for postgraduates, researchers and engineers who are interested in aftersales manageme...

  13. Creative communities, creative assets: exploring methods of mapping community assets

    OpenAIRE

    Greene, Catherine; Alevizou, Giota; Ramster, Gail; Alexiou, Katerina; Zamenopoulos, Theo; Outten, Alan; Corzannelli, Cristina

    2013-01-01

    Asset mapping, a method for unearthing and visually representing an individual’s or a community's assets, has been used in the context of planning and creative industries. The goal of this workshop is to bring together stakeholders from diverse backgrounds and practices to discuss and generate outcomes that make use of different perspectives of asset mapping methodologies. At the core of activities, facilitators will demonstrate the ways in which asset mapping has been used with community gro...

  14. Outright Cash Purchase of Capital Assets and Enterprise Profitability in Nigeria: A Reflection on the Construction Industry

    OpenAIRE

    Loveday A. Nwanyanwu

    2015-01-01

    This paper examines the influence of capital assets acquired outrightly by cash on enterprise profitability from the perspective of construction companies. Data were obtained by means of questionnaire. Analyses were performed using descriptive statistics and Pearson¡¯s product moment coefficient of correlation. Results of descriptive statistics indicate 61.11% preference for acquisition of capital assets by outright cash purchase. Correlation analysis reveals a statistically significant moder...

  15. Understanding philosophical animal

    Directory of Open Access Journals (Sweden)

    Popović Una

    2010-01-01

    Full Text Available In this paper, inspired by the Predrag Krstić's book Philosophical Animal author is trying to find hers way through a broad and complex web of philosophies and roles that different animals play in them. The main question is how to understand philosophy itself in a present day context, which philosophy is supposed to think and rethink through. Animals as presented in concepts, more precisely philosophical contexts, open one interesting and innovative way to deal with this question, balancing between tradition of philosophy and its presence, structure of philosophical arguments and questioning of language of philosophy, abstract and individual. In this frame philosopher as the true philosophical animal is revealed as the main symbol that requires analysis in his philosophical strategies.

  16. Philosophical Papers: Submissions

    African Journals Online (AJOL)

    As all correspondence will be carried out electronically, authors are requested to include a current e-mail address with their submissions. Submission of critical notices. Philosophical Papers welcomes critical notices of recent philosophical works. Unless invited, critical notices are treated as original articles. We prefer critical ...

  17. [Different philosophical traditions for knowledge development in nursing sciences].

    Science.gov (United States)

    Ballard, Ariane; Khadra, Christelle; Le May, Sylvie; Gendron, Sylvie

    2016-03-01

    doctoral studies in nursing engage a critical reflections about philosophical traditions inherent to knowledge development. critical realism, hermeneutics, postmodernism and poststructuralism refer to philosophical traditions that are generally less explored in nursing, although they are attracting greater attention. this paper offers an introductory presentation to these traditions as the authors also reflect upon their contribution to nursing knowledge development in. for each tradition, ontological and epistemological properties are presented to provide an overview of their main features. Contributions to nursing knowledge development are then discussed. ontology refers to stratified, fixed and changing, or multiple realities, depending on the philosophical tradition. Likewise, epistemology emphasizes the explanatory power of knowledge, intersubjectivity, or inherent power dynamics. the diversity of philosophical traditions represents an asset that can significantly contribute to the advancement of the nursing discipline. clarification of the philosophical dimensions that underlie knowledge development is essential for doctoral nursing students in the process of developing their research projects and future programmes of research.

  18. Is Proust a philosopher?

    Directory of Open Access Journals (Sweden)

    Luc Fraisse

    2015-12-01

    Full Text Available Different philosophers pondered on Proust’s novel, including those who formulated a subtle hypothesis that philosophical thought that emerged from the novel went beyond the passages of philosophical character that could be found in Proust’s work. It is difficult to determine precisely Proust’s approach towards the novel which he, alternately, favors or disdains. A hypothesis has been formulated that In Search of Lost Time shapes the fiction in the style of Shelling’s and Schopenhauer’s philosophy; it is pointed out that the novelist developed a kind of rivalry between him and his second cousin Bergson. Proust received a thorough education in philosophy yet philosophy is only present in his novel in an anecdotal form. The debate that he starts between idealism and philosophical realism in his prose takes the form of a discussion between symbolism and naturalism. The reconstruction of Proust’s philosophical culture leads to the observation that it is, without a doubt, significantly influenced in different ways by two philosophers: Leibniz and Kant. Still, the writer does not admit to being impacted by any particular thinker; therefore, his narrator’s line of thought is constantly changing in such a way that any school of philosophical thought that appears in the novel is present only for a short while.

  19. Philosophical Hermeneutic Interviewing

    Directory of Open Access Journals (Sweden)

    Roxanne K. Vandermause PhD, RN

    2011-12-01

    Full Text Available This article describes, exemplifies and discusses the use of the philosophical hermeneutic interview and its distinguishing characteristics. Excerpts of interviews from a philosophical hermeneutic study are used to show how this particular phenomenological tradition is applied to research inquiry. The purpose of the article is to lay out the foundational background for philosophical hermeneutics in a way that clarifies its unique approach to interviewing and its usefulness for advancing health care knowledge. Implications for health care research and practice are addressed.

  20. A puzzle for philosophers

    Directory of Open Access Journals (Sweden)

    Nicolás Lo Guercio

    2013-12-01

    Full Text Available In the paper I tackle a puzzle by Goldberg (2009 that challenges all of us as philosophers. There are three plausible thesis, separately defensible, that together seem to lead to a contradiction: 1 Reliability is a necessary condition for epistemic justification. 2 On contested matters in philosophy, philosophers are not reliable. 3 At least some philosophical theses regarding contested matters in philosophy are epistemically justified. In this paper I will assess the status of the puzzle and attempt to solve it. In the first section, I'll present the puzzle with a little more detail. Secondly, I'll provide some general arguments to show that the alleged puzzle is not a legitimate one. Finally, in section 3, I will argue that even assuming that the puzzle can be coherently formulated, Goldberg's arguments in favor of premise (2 are either unsound or too limited in their scope in order to represent a significant or interesting problem for philosophers.

  1. Autobiographies of philosophers

    Directory of Open Access Journals (Sweden)

    Regina Lubas-Bartoszyńska

    2010-01-01

    Full Text Available The article Autobiographies of philosophers is composed of three parts. The first part presents the history of philosophic autobiography since antiquity and spiritual autobiography of Saint Augustine, through “Confessions” of J.J. Rousseau – the creator of modern autobiography, Pascal, G. Berkeley and S. Kierkegaard, back to “Ecce homo” of Nietzsche. The second part presents selected autobiographies of philosophers of the 20th century like an autobiography of B. Russell (three volumes, M. Bierdiaev, K. Jaspers. The third part is an interpretation of the intellectual autobiography of P. Ricoeur, in which the author reproduces history of intellectual and philosophic development and shows the dissimilarity of “idem” to his own identity.

  2. Introduction | Voice | Philosophical Papers

    African Journals Online (AJOL)

    Philosophical Papers. Journal Home · ABOUT THIS JOURNAL · Advanced Search · Current Issue · Archives · Journal Home > Vol 35, No 3 (2006) >. Log in or Register to get access to full text downloads.

  3. Introduction | Metz | Philosophical Papers

    African Journals Online (AJOL)

    Philosophical Papers. Journal Home · ABOUT THIS JOURNAL · Advanced Search · Current Issue · Archives · Journal Home > Vol 34, No 3 (2005) >. Log in or Register to get access to full text downloads.

  4. Philosophical theories of probability

    CERN Document Server

    Gillies, Donald

    2000-01-01

    The Twentieth Century has seen a dramatic rise in the use of probability and statistics in almost all fields of research. This has stimulated many new philosophical ideas on probability. Philosophical Theories of Probability is the first book to present a clear, comprehensive and systematic account of these various theories and to explain how they relate to one another. Gillies also offers a distinctive version of the propensity theory of probability, and the intersubjective interpretation, which develops the subjective theory.

  5. The California Central Coast Research Partnership: Building Relationships, Partnerships and Paradigms for University-Industry Research Collaboration. Appendix A. Telecommunications Asset Management in A Global Environment

    National Research Council Canada - National Science Library

    Griggs, Ken

    2003-01-01

    .... The mission of this project is threefold: To develop a blueprint or design concept for a telecommunications asset management environment that identifies, tracks, and codes global communications assets, brings them into services, and makes...

  6. Asset Meltdown

    DEFF Research Database (Denmark)

    Marekwica, Marcel; Maurer, Raimond; Sebastian, Steffen P.

    2011-01-01

    Executive Summary. This paper analyzes the relation between demographic structure and real asset returns on Treasury bills, bonds, and stocks for the G7 countries (United States, Canada, Japan, Italy, France, the United Kingdom, and Germany). A macroeconomic multifactor model is used to examine...

  7. The Concept of Philosophical Education

    Science.gov (United States)

    Boyum, Steinar

    2010-01-01

    Strangely, the concept of philosophical education is not much in use, at least not as a "philosophical" concept. In this essay, Steinar Boyum attempts to outline such a philosophical concept of philosophical education. Boyum uses Plato's Allegory of the Cave, Rene Descartes's life of doubt, and Immanuel Kant's criticism of metaphysics as paradigms…

  8. Cultural Memory, an Asset for Design-Driven Innovation within the Creative Industries Sector: Lessons for Design Education

    Science.gov (United States)

    Moalosi, Richie; Setlhatlhanyo, Keiphe Nani; Sealetsa, Oanthata Jester

    2016-01-01

    Culture is gaining recognition globally as an important driver of sustainable development in the creative economy. The significance of the role of design and culture with the creative industries is under-researched, especially from the new emerging economies perspective. Therefore, designers need a framework which will guide them on how they can…

  9. Philosophical Toys Today

    Czech Academy of Sciences Publication Activity Database

    Dvořák, Tomáš

    2013-01-01

    Roč. 35, č. 2 (2013), s. 173-196 ISSN 1210-0250 R&D Projects: GA ČR(CZ) GAP401/11/2338 Institutional support: RVO:67985955 Keywords : philosophical toys * scientific instruments * modern visual culture Subject RIV: AA - Philosophy ; Religion

  10. IMPROVEMENT OF STRATEGIC MANIPULATED FEDERAL PROPERTY THE EXAMPLE NON-CORE ASSETS OF JSC «CENTER OF NUCLEAR INDUSTRY NONCORE ASSETS» STATE CORPORATION «ROSATOM»

    Directory of Open Access Journals (Sweden)

    Ilya I. Rodin

    2015-01-01

    Full Text Available The article describes the main measures to improve the management of assets, federally-owned or private of public corporations - an inventory of the property, the recognition of non-core assets, the organization of decision-making systems, the sale of non-core assets at market value. The article provides the rationale for the creation within the large state-owned corporations specialized management companies responsible for the restructuring of non-core assets and improve management of the property. Also calculated the cost-effectiveness of the proposed measures on the example of the State Atomic Energy Corporation «Rosatom».

  11. ASSET FIXITY, ASSET SPECIFICITY AND REGIONAL ECONOMIC CHANGE: HYPOTHESIS AND IMPLICATIONS

    OpenAIRE

    Ward, William A.; Hite, James C.

    1999-01-01

    That asset specificity and asset fixity are impediments to economic adjustment is well understood in the literatures of industrial organization and agricultural economics. In this paper, we show that spatial factors can plausible be expected to be arguments in functions that define asset fixity and specificity and, hence, asset fixity may be systematically related to space. The implications with regard to differences across space in rates of adjustment to market signals suggest that the short...

  12. Falling R and D but stable investments by oil companies, why? A study on R and D and investment in fixed assets in the oil industry

    International Nuclear Information System (INIS)

    Creusen, H.; Minne, B.

    2000-04-01

    In the last decade the world-wide research expenditures of the major oil companies have dropped. This is remarkable since their investments in fixed assets remained stable. This study reveals that the level of fixed investments particularly depend on their financial strength, while R and D mainly relates to competitors' research and common expectations. The decline in R and D is initiated by common expectations. In the mature oil industry, companies foresee diminishing research potential within the current technology. This is also confirmed by the declining number of patent applications. The high risks of research on renewable energy may lead to wait and see behaviour instead of new research initiatives. Actually, oil companies have hardly applied for patents on renewable energy. The R and D decline is intensified by a dwindling R and D-race, which is due to a large overlap in research topics. The companies protect their research results because they largely compete on their unique technologies which embody their research results. The research overlap appears from patents: the oil companies apply for patents in exactly the same patent classes. 19 refs

  13. PHILOSOPHERS BEFORE AND AFTER SPACEFLIGHT

    Directory of Open Access Journals (Sweden)

    Fabio Grigenti

    2011-12-01

    Full Text Available In my contribution, I will show the ways by which philosophers have treated the topic of space-travel before and after its implementation. I will discuss the following points: a Introduction: the human condition. b Philosophers before spaceflight: the Astolfo Protocol. c Philosophers after spaceflight: the Promethean suspect. In this paper I will emphasize the elements of two different and alternative visions of spaceflight that can be found in the Western tradition of philosophical thought.

  14. Japanese views on ASSET

    International Nuclear Information System (INIS)

    Hirano, M.

    1997-01-01

    The presentation briefly reviews the following aspects directed to ensuring NPP safety: Japanese participation in ASSET activities; views to ASSET activities; recent operating experience in Japan; future ASSET activities

  15. EDF - 2008: A milestone year in EDF's industrial development, EBITDA of euro 15.4 billion, up +3.7%. 2009: priority to organic growth and asset disposals programme. 2008 results, 2008 Financial report

    International Nuclear Information System (INIS)

    Gadonneix, Pierre

    2009-01-01

    As the world's biggest electricity generator, the EDF Group covers every sector of expertise, from generation to trading and transmission grids. EDF builds on the expertise of its people, its R and D and engineering skills, its experience as a leading industry operator and the attentive support of its customers to deliver competitive solutions that successfully reconcile economic growth with climate protection. This document presents the 2008 annual results and Consolidated financial statements of the Group at 31 December 2008: Consolidated Income Statements; Consolidated Balance Sheets; Consolidated Cash Flow Statements; Changes in Consolidated Equity; Notes to the Consolidated Financial Statements: Group accounting standards; Summary of the principal accounting and valuation methods; Regulatory events in France in 2008; Major external growth operations; Other major events and transactions; Changes in the scope of consolidation; Segment reporting; Sales; Fuel and energy purchases; Other external expenses; Contractual obligations and commitments; Personnel expenses; Other operating income and expenses; Prolongation of the transition tariff system (TaRTAM) - Law of August 4, 2008; Impairments / reversals; Other income and expenses; Financial result; Income taxes; Goodwill; Other intangible assets; Property, plant and equipment operated under French public electricity distribution concessions; Property, plant and equipment operated under concessions for other activities; Property, plant and equipment used in generation and other tangible assets owned by the Group; Investments in companies accounted for under the equity method; Current and non-current financial assets; Inventories, including work-in-process; Trade receivables; Other receivables; Cash and cash equivalents; Held-for-sale assets and liabilities; Equity; Provisions; Specific French public electricity distribution concession liabilities for existing assets and assets to be replaced; Current and non

  16. Managing corporate assets to maximize value

    International Nuclear Information System (INIS)

    Rubin, L.

    1992-01-01

    As the utility industry environment becomes more complex, pressures grow for managers to make more effective use of all their assets - including fuel, equipment, and personnel. Improving the management of assets leads to the delivery of greater value to ratepayers, stockholders, and society. EPRI is sponsoring a broad research program to help utilities effectively apply the tools needed in these changing business conditions, especially the latest in cost and quality management and asset management techniques

  17. Organizations must match assets

    International Nuclear Information System (INIS)

    Carley, G.R.

    1991-01-01

    The unprofitable state of the Canadian oil industry, the adverse economic environment, the difficulty of finding capital, and the diminishing resources of conventional lighter crude oil make it necessary for Canadian oil companies to match their organizations and their financing to their assets. This is illustrated according to the experience of Saskoil, a Saskatchewan oil and gas company. An increasing production of oil and natural gas, and an increasing amount of new oil production as heavy oil, led to organizational changes such as the purchase of an asphalt plant to provide the company with downstream experience, establishing a working group to explore and develop heavy oil resources, and forming a company to manage non-core assets. The latter company, Pasqua Resources, manages assets such as small properties and ownership interests in order to increase the operating efficiency of Saskoil. Pasqua provides Saskoil with a corporate and organizational vehicle to accommodate partnerships and joint venture capital invested in property purchase opportunities, and to manage any of Saskoil's divestiture activities

  18. Penerapan Metode Capital Asset Pricing Model (Capm) Untuk Penetapan Kelompok Saham-saham Efisien (Studi Pada Perusahaan Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2011 -2013)

    OpenAIRE

    Kurniawan, Fauzi Adi

    2015-01-01

    This research purpose to determine the performance of stock based on the return and risk to determine the group of efficient stocks and inefficient stock by the use of methods of Capital Asset Pricing Model (CAPM). The sample used in this study were 15 company shares consumer goods industry sector listed in Indonesia Stock Exchange 2011-2013 that selected based on certain criteria. The analysis showed there is 1 stock companies included in the group of inefficient stock (overvalued) and 14 st...

  19. The asset management business model

    International Nuclear Information System (INIS)

    Crowson, M.

    2002-01-01

    This presentation describes the 4 transformation stages of the electric power industry as being vertical unbundling as seen in Europe and Asia, horizontal unbundling as seen in Canada and the United States, industry convergence as seen in Australia and New Zealand, and strategic consolidation as seen in the United Kingdom. The rationale for horizontal unbundling is described with reference to the asset owner, the asset manager and the utility service provider. The presentation includes several viewgraphs depicting the following: the asset management model; the path to success which was built upon a decade of experience; number of stock items from 1991 to 2001; substation capacity utilization from 1997 to 2001; O and M costs per customer from 1990 to 2000; reliability improvements from 1994 to 2000; the design, operation and maintenance of 13 investment pools; transition strategies for total transformation; and, regionally adjusted wage rates. 11 figs

  20. Steam generator asset management: integrating technology and asset management

    International Nuclear Information System (INIS)

    Shoemaker, P.; Cislo, D.

    2006-01-01

    Asset Management is an established but often misunderstood discipline that is gaining momentum within the nuclear generation industry. The global impetus behind the movement toward asset management is sustainability. The discipline of asset management is based upon three fundamental aspects; key performance indicators (KPI), activity-based cost accounting, and cost benefits/risk analysis. The technology associated with these three aspects is fairly well-developed, in all but the most critical area; cost benefits/risk analysis. There are software programs that calculate, trend, and display key-performance indicators to ensure high-level visibility. Activity-based costing is a little more difficult; requiring a consensus on the definition of what comprises an activity and then adjusting cost accounting systems to track. In the United States, the Nuclear Energy Institute's Standard Nuclear Process Model (SNPM) serves as the basis for activity-based costing. As a result, the software industry has quickly adapted to develop tracking systems that include the SNPM structure. Both the KPI's and the activity-based cost accounting feed the cost benefits/risk analysis to allow for continuous improvement and task optimization; the goal of asset management. In the case where the benefits and risks are clearly understood and defined, there has been much progress in applying technology for continuous improvement. Within the nuclear generation industry, more specialized and unique software systems have been developed for active components, such as pumps and motors. Active components lend themselves well to the application of asset management techniques because failure rates can be established, which serves as the basis to quantify risk in the cost-benefits/risk analysis. A key issue with respect to asset management technologies is only now being understood and addressed, that is how to manage passive components. Passive components, such as nuclear steam generators, reactor vessels

  1. Voluntary disclosures of intangible assets and legitimization: The production industry of olive oil Divulgación voluntaria de intangibles y legitimación: La industria productora de aceite de oliva Voluntary disclosures of intangible assets and legitimization: The production industry of olive oil

    Directory of Open Access Journals (Sweden)

    Francisca Castilla-Polo

    2012-12-01

    Full Text Available Purpose: The aim of this paper is to analyze whether the decision to disclose intangible assets could be explained by Institutional Theory. Our interest is to provide evidence of his interpretative capacity through an empirical study applied to the olive oil mill industry. Design/methodology/approach: We used a mixed methodological design that combines quantitative and qualitative methods. Findings: In an industry like olive oil mills, not use to providing additional information on intangible assets on a voluntary basis, social legitimization can be seen as a long-term objective because of the lack of urgency associated to it. Instead, a more pragmatic behavior concerned with economic legitimization has been observed, such as those that have been already found. Research limitations/implications: Greater efforts should be made to complete comparative results in a specific industry as well as we consider necessary to analyze longitudinally the evolution of the relationship legitimation-disclosure of intangibles. Originality/value: The results obtained help contribute to the literature coming from Institutional Theory in the sense that the legitimization of a new practice can vary between industries according to the state of the process of its institutionalization in each of them.Objeto: El objetivo de este trabajo es analizar si la decisión de divulgar información sobre intangibles puede ser explicada por la Teoría Institucional. Nuestro interés es proporcionar evidencia de su capacidad interpretativa a través del estudio de la industria productora de aceite de oliva. Diseño/metodología: Empleamos un diseño mixto que combina métodos cuantitativos y cualitativos. Aportaciones y resultados: En una industria como la del aceite de oliva, poco dada a proporcionar información adicional sobre intangibles de manera voluntaria, la legitimación social se considera un objetivo a largo plazo, no así la legitimación económica que sí se asocia al

  2. Joseph Hooker: a philosophical botanist

    Indian Academy of Sciences (India)

    2008-04-24

    Apr 24, 2008 ... Keywords. History of botany; Hooker Joseph Dalton; imperial science; philosophical botany ... However, he preferred to refer to himself as a philosophical botanist, rather than a professional. This paper explores the reasons for this choice, and analyses Hooker's imperial approach to plant classification, the ...

  3. Is Odysseus a philosopher?

    Directory of Open Access Journals (Sweden)

    Deretić Irina J.

    2017-01-01

    Full Text Available In this paper, the author attempts to demonstrate that certain philosophical questions are articulated in Homer's Odyssey, especially those that consider the relationship between truth, probability, and falsehood. First, the author discusses the following two assertions: 'Nobody is my name' and 'Nobody will I eat last among his comrades.' When asked by the one-eyed giant Polyphemus what his name really is, Odysseus replies that his name is 'Nobody'. Thereon, Polyphemus says that he will eat 'Nobody', considering 'Nobody' to be 'Somebody'. What appears to be a word-game is in fact an indicator of the necessity to determine the role of negative pronouns in a language, as well as to question their referential status. The negative pronouns like nobody or no one imply the non-existence of someone who can be described as 'nobody' or 'no one'. They can only designate, but they are non-referential. Because Polyphemus does not understand the sense of the negative pronouns, he believes that there is such a man, who is called 'Nobody', and whom he will eat. Therefore, one may claim that Homer's Odysseus discovers the meaning and role of the negative pronouns in a natural language, as well as how the misuse of these words can become a generator in lying and deceiving. Homer distinguishes two types of lies: 1 the absolute falsehoods, which are lies under all circumstances, and 2 the falsehoods which 'seem like the truth'. Most of Homer's Odysseus fantastic tales are of that kind - they are neither true nor false, but they 'seem like the truth'. The truth status of fiction as resembling the truth is one of Homer's discoveries, since he held that his main protagonist's narrations are neither true nor false, but they resemble the truth. The narrations should be as consistent and plausible as possible, in order to describe not what really happened, but 'what could have been happened', as Aristotle would claim. In the course of the paper, the author has

  4. Philosophical aesthetics and cognitive science.

    Science.gov (United States)

    Meskin, Aaron; Robson, Jon; Ichino, Anna; Goffin, Kris; Monseré, Annelies

    2018-01-01

    Philosophical aesthetics is the branch of philosophy which explores issues having to do with art, beauty, and related phenomena. Philosophers have often been skeptical about the place of empirical investigation in aesthetics. However, in recent years many philosophical aestheticians have turned to cognitive science to enrich their understanding of their subject matter. Cognitive scientists have, in turn, been inspired by work in philosophical aesthetics. This essay focuses on a representative subset of the areas in which there has been fruitful dialog between philosophical aestheticians and cognitive scientists. We start with some general topics in philosophical aesthetics-the definition of art and the epistemic status of aesthetic judgments. We then move on to discussing research concerning the roles that imagination and perception play in our aesthetic engagement. We conclude with a discussion of the emerging field of experimental philosophical aesthetics. WIREs Cogn Sci 2018, 9:e1445. doi: 10.1002/wcs.1445 This article is categorized under: Philosophy > Value. © 2017 Wiley Periodicals, Inc.

  5. La voix du philosophe Laruelle

    Directory of Open Access Journals (Sweden)

    Gilbert Kieffer

    2018-03-01

    (Abstract   What is a voice in the context of the arts and philosophy? In the space of the philosopher's voice, in the complex grammar of his language is played his philosophical timbre, his own space, his particular voice, composed of concepts, articulated by the laws of coherence of the common philosophical language, with hypnotic specificities. These specificities are precisely the fruit of processes formerly called rhetoric, which I call non-hypnotics (of generalized hypnotic space, one of whose functions is just to speak in a double space: the common reference space of the reader or listener, and the conceptual virtual space peculiar to the philosopher. To the extent that the reader must pay increased and permanent attention to this double space, the philosophical trance effect, equivalent to the Ericksonian hypnotic trance, is facilitated. The difficulty of this double reading is the incessant passage from one code to another, which is also a hypnotic fascination. Heidegger prolongs and renews its structures and draws some effects from them, which provoke in the mind of the reader as an over-flow, a saturation effect, which itself favors the philosophical trance. Thus, each voice seeks to captivate the mind by confusing it with concepts, which seem at first sight familiar, but which reveal themselves with the use which is made, like formidable concepts to the power of unaccustomed fascination. One of the pleasures of reading Lareuelle's philosophy is due to this type of fascination with the philosophical voice and its language.

  6. Asset management primer

    Science.gov (United States)

    1999-12-01

    According to this primer, asset management is a systematic process of maintaining, upgrading, and operating physical assets cost-effectively. It combines engineering principles with sound business practices and economic theory, and it provides tools ...

  7. Dukovany ASSET mission preparation

    International Nuclear Information System (INIS)

    Kouklik, I.

    1996-01-01

    We are in the final stages of the Dukovany ASSET mission 1996 preparation. I would like to present some of our recent experiences. Maybe they would be helpful to other plants, that host ASSET missions in future

  8. Impact of the Financial Crisis of 2008 on Furniture Industry in the Czech Republic and Development of Tangible Fixed Assets in 2005– 2012 and its Possible Renewal

    Directory of Open Access Journals (Sweden)

    Tomáš Najbrt

    2016-01-01

    Full Text Available This paper is focused on furniture firms in the Czech Republic during the period 2005–2012, which covers the year of the crisis. The aim was to assess the given economic situation of the manufacturing businesses comparing some of the economic indicators such as tangible fixed assets, revenue from own production and services, pre-tax profit and labor costs. The study was conducted in the Czech Republic using the data provided by the Czech Statistical Office. Results for the specified period and selected groups of micro furniture companies are shown; dependence of economic indicators within the given time period is also analyzed. The analysis has shown that the smallest of the firms were least affected by the economic crisis; moreover, the medium-sized of the companies exhibit tangible assets growth and certain degree of inertia in years 2008 and 2009. Finally, possibilities how the micro furniture companies could proceed when purchasing new technologies are outlined.

  9. "Asset Ownership Across Generations"

    OpenAIRE

    Ngina S. Chiteji; Frank P. Stafford

    2000-01-01

    This paper examines cross-generational connections in asset ownership. It begins by presenting a theoretical framework that develops the distinction between the intergenerational transfer of knowledge about financial assets and the direct transfer of dollars from parents to children. Its analysis of data from the Panel Study of Income Dynamics (PSID) reveals intergenerational correlations in asset ownership, and we find evidence to suggest that parental asset ownership or family-based exposur...

  10. Capital Structure and Assets

    DEFF Research Database (Denmark)

    Flor, Christian Riis

    2008-01-01

    This paper analyzes a firm's capital structure choice when assets have outside value. Valuable assets implicitly provide a collateral and increase tax shield exploitation. The key feature in this paper is asset value uncertainty, implying that it is unknown ex ante whether the equity holders ex...

  11. Assessing Asset Pricing Anomalies

    NARCIS (Netherlands)

    W.A. de Groot (Wilma)

    2017-01-01

    markdownabstractOne of the most important challenges in the field of asset pricing is to understand anomalies: empirical patterns in asset returns that cannot be explained by standard asset pricing models. Currently, there is no consensus in the academic literature on the underlying causes of

  12. AN ECOSYSTEM PERSPECTIVE ON ASSET MANAGEMENT INFORMATION

    Directory of Open Access Journals (Sweden)

    Lasse METSO

    2017-07-01

    Full Text Available Big Data and Internet of Things will increase the amount of data on asset management exceedingly. Data sharing with an increased number of partners in the area of asset management is important when developing business opportunities and new ecosystems. An asset management ecosystem is a complex set of relationships between parties taking part in asset management actions. In this paper, the current barriers and benefits of data sharing are identified based on the results of an interview study. The main benefits are transparency, access to data and reuse of data. New services can be created by taking advantage of data sharing. The main barriers to sharing data are an unclear view of the data sharing process and difficulties to recognize the benefits of data sharing. For overcoming the barriers in data sharing, this paper applies the ecosystem perspective on asset management information. The approach is explained by using the Swedish railway industry as an example.

  13. An Ecosystem Perspective On Asset Management Information

    Science.gov (United States)

    Metso, Lasse; Kans, Mirka

    2017-09-01

    Big Data and Internet of Things will increase the amount of data on asset management exceedingly. Data sharing with an increased number of partners in the area of asset management is important when developing business opportunities and new ecosystems. An asset management ecosystem is a complex set of relationships between parties taking part in asset management actions. In this paper, the current barriers and benefits of data sharing are identified based on the results of an interview study. The main benefits are transparency, access to data and reuse of data. New services can be created by taking advantage of data sharing. The main barriers to sharing data are an unclear view of the data sharing process and difficulties to recognize the benefits of data sharing. For overcoming the barriers in data sharing, this paper applies the ecosystem perspective on asset management information. The approach is explained by using the Swedish railway industry as an example.

  14. Book Review | Pleasants | Philosophical Papers

    African Journals Online (AJOL)

    Abstract. Judging and Understanding: Essays on Free Will, Narrative, Meaning and the Ethical Limits of Condemnation, edited by Pedro Alexis Tabensky, Ashgate 2006. Philosophical Papers Vol. 37 (1) 2008: pp. 177-184 ...

  15. The philosopher and the phenomenologist

    Directory of Open Access Journals (Sweden)

    Daniele Valli

    2017-10-01

    Full Text Available This paper concerns the relation between philosophy and philosophical practice in the husserlian paradigm of phenomenology. The role and the method that Husserl conceives for the philosopher are related unavoidably to his theoretical system. During his long and hard work, he deals with the question of the genesis of logic in the platonic-aristotelic dichotomy, with the connection between philosophy and objective sciences and with the problem of phenomenology as descriptive practice. Thanks to this reflections, in The crisis of european sciences he conceives the role of the philosopher with a precise historical and ethical function. This new model represents one of the last philosophical systems as a universal theory.

  16. The idea of philosophical sociology.

    Science.gov (United States)

    Chernilo, Daniel

    2014-06-01

    This article introduces the idea of philosophical sociology as an enquiry into the relationships between implicit notions of human nature and explicit conceptualizations of social life within sociology. Philosophical sociology is also an invitation to reflect on the role of the normative in social life by looking at it sociologically and philosophically at the same: normative self-reflection is a fundamental aspect of sociology's scientific tasks because key sociological questions are, in the last instance, also philosophical ones. For the normative to emerge, we need to move away from the reductionism of hedonistic, essentialist or cynical conceptions of human nature and be able to grasp the conceptions of the good life, justice, democracy or freedom whose normative contents depend on more or less articulated conceptions of our shared humanity. The idea of philosophical sociology is then sustained on three main pillars and I use them to structure this article: (1) a revalorization of the relationships between sociology and philosophy; (2) a universalistic principle of humanity that works as a major regulative idea of sociological research, and; (3) an argument on the social (immanent) and pre-social (transcendental) sources of the normative in social life. As invitations to embrace posthuman cyborgs, non-human actants and material cultures proliferate, philosophical sociology offers the reminder that we still have to understand more fully who are the human beings that populate the social world. © London School of Economics and Political Science 2014.

  17. Asset tracking in harsh environments

    Energy Technology Data Exchange (ETDEWEB)

    O' Neal, E.S. [Infosight Corp., Chillicothe, OH (United States)

    2009-07-01

    Current economic times require tight control of all assets / inventory and processes a company manages. These items if managed correctly and timely can mean the difference between success and failure of a company. Cost savings in hard economic times are essential to allow a company to utilize its assets to the fullest potential by eliminating duplication and waste. Accurate process management leads to greater customer satisfaction and loyalty. Many industries and processes have believed it to be impossible to track their products or assets using bar-codes due to the unique conditions of their environment; whether it is high temperature, rough handling or chemicals. That has now changed. Companies specializing in identification methods have stepped up to the challenge and have overcome many obstacles of the past. It's no longer a paper or plastic bar-code world. The presentation will be broken down into four parts: 1) The differences between Asset and ID tracking; 2) Why does a company need to bar-code?; 3) The objections many companies use for not bar-coding; and, 4) What's new in bar-coding? Case study handouts and a reference list of various companies including software, labeling and attachment techniques will be available at the end of the presentation. (author)

  18. Asset tracking in harsh environments

    International Nuclear Information System (INIS)

    O'Neal, E.S.

    2009-01-01

    Current economic times require tight control of all assets / inventory and processes a company manages. These items if managed correctly and timely can mean the difference between success and failure of a company. Cost savings in hard economic times are essential to allow a company to utilize its assets to the fullest potential by eliminating duplication and waste. Accurate process management leads to greater customer satisfaction and loyalty. Many industries and processes have believed it to be impossible to track their products or assets using bar-codes due to the unique conditions of their environment; whether it is high temperature, rough handling or chemicals. That has now changed. Companies specializing in identification methods have stepped up to the challenge and have overcome many obstacles of the past. It's no longer a paper or plastic bar-code world. The presentation will be broken down into four parts: 1) The differences between Asset and ID tracking; 2) Why does a company need to bar-code?; 3) The objections many companies use for not bar-coding; and, 4) What's new in bar-coding? Case study handouts and a reference list of various companies including software, labeling and attachment techniques will be available at the end of the presentation. (author)

  19. Nuclear asset management. Slide notes

    International Nuclear Information System (INIS)

    Puglia, W.; Bailey, H.; Kubinova, J.

    2004-01-01

    Nuclear asset management is defined as the process for making resource allocation and risk management decisions at all levels of nuclear generation business to maximize value/profitability for all stakeholders while maintaining plant safety. In the presentation, the NAM concept is explained, financial benefits achieved in US industry over the past 12 years are outlined, Data Systems and Solutions (DS and S) is presented as a joint venture between Rolls-Royce and SAIC, and NAM benefits in nuclear industry from DS and S client experience are demonstrated. (P.A.)

  20. Epicureanism as a Foundation for Philosophical Counseling

    OpenAIRE

    Fatić, Aleksandar

    2013-01-01

    The paper discusses the manner and extent to which Epicurean ethics can serve as a general philosophy of life, capable of supporting philosophical practice in the form of philosophical counseling. Unlike the modern age academic philosophy, the philosophical practice movement portrays the philosopher as a personal or corporate advisor, one who helps people make sense of their experiences and find optimum solutions within the context of their values and general preferences. Philosophical counse...

  1. [ASSET experience in China

    International Nuclear Information System (INIS)

    Zhang Shanming

    1996-01-01

    The ASSET philosophy for prevention of nuclear safety incident is being implemented in our nuclear power plant as the other international nuclear power plants, and the in-depth analysis of operational events in order to find out and eliminate the root causes is considered as the prioritized work in the plant safety management. Some observations are discussed which were made during the implementation of ASSET philosophy and the ASSET approach in our nuclear power plant

  2. Valuation of intangible assets

    OpenAIRE

    Karlíková, Jitka

    2010-01-01

    The thesis is focused on the valuation of intangible assets, particularly trademarks and copyrights. In the beginning it deals with the problems of valuation of intangible assets. The main part of the thesis provides an overview of methods for valuation of intangible assets. This part is followed by a practical section that illustrates the procedure of valuation of trademarks and copyrights on a concrete example.

  3. Philosophic foundations of quantum mechanics

    CERN Document Server

    Reichenbach, Hans

    1998-01-01

    Physics concerns direct analysis of the physical world, while philosophy analyzes knowledge about the physical world. This volume combines both disciplines for a philosophical interpretation of quantum physics - an interpretation free from the imprecision of metaphysics, offering a view of the atomic world and its quantum mechanical results as concrete as the visible everyday world.Written by an internationally renowned philosopher who specialized in symbolic logic and the theory of relativity, this approach consists of three parts. The first section, which requires no background in math or p

  4. Philosophical Foundations of Intuitionistic Logic

    Directory of Open Access Journals (Sweden)

    L Nabavi

    2013-02-01

    Full Text Available Intuitionistic logic, as a non-classical logic, encompasses the principles of logical reasoning which were used by L. E. J. Brouwer in developing his intuitionistic mathematics. Brouwer rejected the principle of the excluded middle on the basis of his philosophy. In his philosophical view, logic is the application of mathematics to the language of mathematics. In other words, logic studies the patterns that characterize valid inference. The resulting linguistic system of logic may be studied mathematically, even independently of the mathematical activities that it was originally abstracted from. In this paper, the philosophical basis of Brouwer’s view about Logic and Mathematics is explained.

  5. Philosophical Foundations of Intuitionistic Logic

    Directory of Open Access Journals (Sweden)

    L Nabavi

    2013-03-01

    Full Text Available Intuitionistic logic, as a non-classical logic, encompasses the principles of logical reasoning which were used by L. E. J. Brouwer in developing his intuitionistic mathematics. Brouwer rejected the principle of the excluded middle on the basis of his philosophy. In his philosophical view, logic is the application of mathematics to the language of mathematics. In other words, logic studies the patterns that characterize valid inference. The resulting linguistic system of logic may be studied mathematically, even independently of the mathematical activities that it was originally abstracted from. In this paper, the philosophical basis of Brouwer’s view about Logic and Mathematics is explained.

  6. A practical approach to product design from a philosophical perspective

    NARCIS (Netherlands)

    Eggink, Wouter; Clarke, A.

    2008-01-01

    “Buy an identity or surprise your senses” are in short a few from the results of the course “Design for a specific Theme” by 4th grade students Industrial Design Engineering at Twente University. The theme in the title of this course is philosophical, based on the theory of globalization of German

  7. 12 CFR 567.12 - Purchased credit card relationships, servicing assets, intangible assets (other than purchased...

    Science.gov (United States)

    2010-01-01

    ... assets, intangible assets (other than purchased credit card relationships and servicing assets), credit... credit card relationships, servicing assets, intangible assets (other than purchased credit card..., intangible assets (other than purchased credit card relationships and servicing assets), credit-enhancing...

  8. In Defense of Philosophical Analysis

    Science.gov (United States)

    Self, Donnie J.

    1977-01-01

    Self defends his August, 1976 article (EJ 152 757) which is a philosophical analysis of John Dewey's pragmatist value theory as found in"Theory of Valuation". His comments are in response to Burnett's criticism in this month's issue (AA 526 451). (Author/RK)

  9. Moral Cognitivism | Lillehammer | Philosophical Papers

    African Journals Online (AJOL)

    The paper explicates a set of criteria the joint satisfaction of which is taken to qualify moral judgements as cognitive. The paper examines evidence that some moral judgements meet these criteria, and relates the resulting conception of moral judgements to ongoing controversies about cognitivism in ethics. Philosophical ...

  10. Religion as a philosophical matter

    DEFF Research Database (Denmark)

    Albinus, Lars

    Is it philosophically enlightening to regard religion as a kind of world-relation? How does philosophy itself relate to the world? And how is philosophy related to religion? In this book, Lars Albinus fleshes out these questions by trying to conceptualize human concerns with naming the world, mak...

  11. 1. The Province of Philosophers

    Indian Academy of Sciences (India)

    Home; Journals; Resonance – Journal of Science Education; Volume 4; Issue 4. Mapmakers - The Province of Philosophers. Harini Nagendra. Series Article Volume 4 Issue 4 April 1999 pp 6-11. Fulltext. Click here to view fulltext PDF. Permanent link: http://www.ias.ac.in/article/fulltext/reso/004/04/0006-0011 ...

  12. Joseph Hooker: a philosophical botanist

    Indian Academy of Sciences (India)

    2008-04-24

    Apr 24, 2008 ... The nineteenth-century British botanist, Joseph Dalton Hooker, was one of the people whose career became a model for that of the modern, professional scientist. However, he preferred to refer to himself as a philosophical botanist, rather than a professional. This paper explores the reasons for this choice, ...

  13. 1. The Province of Philosophers

    Indian Academy of Sciences (India)

    Home; Journals; Resonance – Journal of Science Education; Volume 4; Issue 4. Mapmakers - The Province of Philosophers. Harini Nagendra. Series Article Volume 4 Issue 4 April 1999 pp 6-11. Fulltext. Click here to view fulltext PDF. Permanent link: https://www.ias.ac.in/article/fulltext/reso/004/04/0006-0011 ...

  14. Philosophical explorations on energy transition

    NARCIS (Netherlands)

    Geerts, Robert-Jan

    2017-01-01

    This dissertation explores energy transition from a philosophical perspective. It puts forward the thesis that energy production and consumption are so intimately intertwined with society that the transition towards a sustainable alternative will involve more than simply implementing novel

  15. Life Lessons from the Philosophers

    Science.gov (United States)

    Seider, Scott; Novick, Sarah

    2011-01-01

    A Boston school for grades 6-12 is making a deliberate effort to help students develop ethical minds. Each year, all students take an ethical philosophy class in which they discuss the school's core values and how these values are addressed in the writings of such philosophers as Aristotle and Rousseau. Through these classes, students develop a…

  16. Special Needs: A Philosophical Analysis

    Science.gov (United States)

    Vehmas, Simo

    2010-01-01

    This paper attempts to illuminate a central concept and idea in special education discourse, namely, "special needs". It analyses philosophically what needs are and on what grounds they are defined as "special" or "exceptional". It also discusses whether sorting needs into ordinary and special is discriminatory. It is argued that individualistic…

  17. SUPERNATURALISM AND THE PHILOSOPHICAL CHARACTER ...

    African Journals Online (AJOL)

    philosophy or, rather, the exploitation of such positions by philosophers. In this essay, I do not intend to discuss the often-cited exclusion of. Africa in Hegel's philosophy of history from the historical races of the world, neither do I intend to look at views expressed earlier by Hume and Kant about Africans. “Hume, Kant and ...

  18. Choosing a Methodology: Philosophical Underpinning

    Science.gov (United States)

    Jackson, Elizabeth

    2013-01-01

    As a university lecturer, I find that a frequent question raised by Masters students concerns the methodology chosen for research and the rationale required in dissertations. This paper unpicks some of the philosophical coherence that can inform choices to be made regarding methodology and a well-thought out rationale that can add to the rigour of…

  19. Demystifying Meaning | Longworth | Philosophical Papers

    African Journals Online (AJOL)

    Some philosophers find linguistic meaning mysterious. Two approaches suggest themselves for removing the felt mystery, or demystifying meaning. One involves providing a substantive account of meaning in meaning-free terms. Although this approach has come under serious attack in recent years, Paul Horwich has ...

  20. Curriculum Development: A Philosophical Model.

    Science.gov (United States)

    Bruening, William H.

    Presenting models based on the philosophies of Carl Rogers, John Dewey, Erich Fromm, and Jean-Paul Sartre, this paper proposes a philosophical approach to education and concludes with pragmatic suggestions concerning teaching based on a fully-functioning-person model. The fully-functioning person is characterized as being open to experience,…

  1. Asset ownership and Asset Values Over Project Lifecycles

    OpenAIRE

    Professor Yong Kim; Univ. Southern California

    2004-01-01

    This paper develops a theory of outside ownership where such an ownership arrangement mitigates an external finance problem. Part of the gains from outside ownership accrue to asset owners which determines the asset value. The theory provides a context to analyze asset ownership and asset values over project lifecycles. When there are adjustment costs in realizing the full gains from outside ownership, (i) assets take time to peak in value, and (ii) the outsiders's share of asset ownership in...

  2. The scientist as philosopher philosophical consequences of great scientific discoveries

    CERN Document Server

    Weinert, Friedel

    2005-01-01

    How do major scientific discoveries reshape their originators’, and our own, sense of reality and concept of the physical world? The Scientist as Philosopher explores the interaction between physics and philosophy. Clearly written and well illustrated, the book first places the scientist-philosophers in the limelight as we learn how their great scientific discoveries forced them to reconsider the time-honored notions with which science had described the natural world. Then, the book explains that what we understand by nature and science have undergone fundamental conceptual changes as a result of the discoveries of electromagnetism, thermodynamics and atomic structure. Even more dramatically, the quantum theory and special theory of relativity questioned traditional assumptions about causation and the passage of time. The author concludes that the dance between science and philosophy is an evolutionary process, which will keep them forever entwined.

  3. A Case Study of Risk Informed Asset Management (RIAM) for Nuclear Power Plant

    International Nuclear Information System (INIS)

    Lee, Gyoung Cheol; Jeong, Yong Hoon; Chang, Soon Heung; Chung, Dae Wook

    2006-01-01

    Recently, the concern for Nuclear Asset Management (NAM) is increasing in nuclear industry. Asset Management is management of the financial assets of a company in order to maximize return. However, asset management in the nuclear industry is needed for coincidental consideration of nuclear safety and risk. Over fast several years, efforts for development of safety concerned and financial asset maximizing method, process and tools have been continued internationally. Risk Informed Asset Management (RIAM) is a methodology, process, and (eventually) software tool by which analyst review historical performance and develop predictive logic models and data analyses to provide plant manager and company decision-makers critical quantitative performance indicators

  4. John Dewey--Philosopher and Educational Reformer

    Science.gov (United States)

    Talebi, Kandan

    2015-01-01

    John Dewey was an American philosopher and educator, founder of the philosophical movement known as pragmatism, a pioneer in functional psychology, and a leader of the progressive movement in education in the United States.

  5. Ontology modeling in physical asset integrity management

    CERN Document Server

    Yacout, Soumaya

    2015-01-01

    This book presents cutting-edge applications of, and up-to-date research on, ontology engineering techniques in the physical asset integrity domain. Though a survey of state-of-the-art theory and methods on ontology engineering, the authors emphasize essential topics including data integration modeling, knowledge representation, and semantic interpretation. The book also reflects novel topics dealing with the advanced problems of physical asset integrity applications such as heterogeneity, data inconsistency, and interoperability existing in design and utilization. With a distinctive focus on applications relevant in heavy industry, Ontology Modeling in Physical Asset Integrity Management is ideal for practicing industrial and mechanical engineers working in the field, as well as researchers and graduate concerned with ontology engineering in physical systems life cycles. This book also: Introduces practicing engineers, research scientists, and graduate students to ontology engineering as a modeling techniqu...

  6. Philosophical Foundations of Business Ethics

    DEFF Research Database (Denmark)

    Rendtorff, Jacob Dahl

    2016-01-01

    philosophy to business ethics and the ethics of organizations. Although the book covers a wide range of philosophers and philosophical movements, there is a core and deep unity of the book. This is the demonstration of how the conceptual resources of contemporary French philosophy from the early 20th Century...... to the present day can be applied to give us new perspectives on business ethics and the ethics of organizations.......This article gives an overview of my book French Philosophy and Social Theory. A Perspective for Ethics and Philosophy of Management, published by Springer 2014. As an extension of my earlier work on French philosophy, this book provides an application of important concepts from contemporary French...

  7. Philosophical introduction to set theory

    CERN Document Server

    Pollard, Stephen

    2015-01-01

    The primary mechanism for ideological and theoretical unification in modern mathematics, set theory forms an essential element of any comprehensive treatment of the philosophy of mathematics. This unique approach to set theory offers a technically informed discussion that covers a variety of philosophical issues. Rather than focusing on intuitionist and constructive alternatives to the Cantorian/Zermelian tradition, the author examines the two most important aspects of the current philosophy of mathematics, mathematical structuralism and mathematical applications of plural reference and plural

  8. IMPLIED AUTHOR IN PHILOSOPHICAL NOVELS

    Directory of Open Access Journals (Sweden)

    Olga Senkāne

    2014-10-01

    Full Text Available The present article falls within a number of papers about research on specification of philosophical novels. The aim of this article is to analyze author’s function as a narrative category in classical philosophical novels (Franz Kafka "The Trial" (1925, "The Castle" (1926, Jean-Paul Sartre "Nausea" (1938, Hermann Hesse "The Glass Bead Game" (1943, Albert Camus "The Plague" (1947 and a novel of Latvian prose writer Ilze Šķipsna "Neapsolītās zemes" ["Un-Promised Lands"] (1970. The analysis is based on theoretical ideas of structural narratologists Gerard Genette, William Labov, Seymuor Chatman, Wolf Schmid, as well as philosophers Edmund Husserl, Jean-Paul Sartre, Paul Ricouer and semioticians Yuri Lotman (Юрий Лотман and Umberto Eco. The real author can ”enter” the text only indirectly—as an image, with the help of the storyteller, and the way how this ”entry” happens is determined by the narration of the real author or narrative (communication skills of the author. Thus, the author and implied author are functionally different concepts: author as a real person develops the concept idea, his intention is to define the concept under his original vision; narrator, in its turn, communicates with the reader, representing the concept, and his aim is to select appropriate means of communication with regard to reader’s perceptual abilities.

  9. Mario Bunge: Physicist and Philosopher

    Science.gov (United States)

    Matthews, Michael R.

    Mario Bunge was born in Argentina in the final year of the First World War.He learnt atomic physics and quantum mechanics from an Austrian refugee who had been a student of Heisenberg. Additionally he taught himself modern philosophy in an environment that was a philosophical backwater. He was the first South American philosopher of science to be trained in science. His publications in physics, philosophy, psychology, sociology and the foundations of biology, are staggering in number, and include a massive 8-volume Treatise on Philosophy. The unifying thread of his scholarship is the constant and vigorous advancement of the Enlightenment Project, and criticism of cultural and academic movements that deny or devalue the core planks of the project: namely its naturalism, the search for truth, the universality of science, rationality, and respect for individuals. At a time when specialisation is widely decried, and its deleterious effects on science, philosophy of science, educational research and science teaching are recognised - it is salutary to see the fruits of one person's pursuit of the Big'' scientific and philosophical picture.

  10. Philosophical Rationalism in Shia Kalam

    Directory of Open Access Journals (Sweden)

    Seyed Mohammad Ali Dibaji

    2017-12-01

    Full Text Available One important question that the emergence of philosophical or rational Kalam has raised is what rationalism in the so-called Kalami (theological schools actually means. This paper investigates the answers to the aforementioned question in Shi’a Kalam. Also, we have a comparative look at the philosophical Kalam and the rational one, concluding the identity of Shi’a Kalam with Shi’a philosophy. In this work, we have referred to three types of rationalism: personal, Vahmi (imaginal, and Hikmi (philosophical rationalism. In short, our answer to the above question would be that, Shi’a Kalam – specially in Khaje Nasir’s works – is based on Hikmah (philosophy, and so, rationalism in this school does not refer but to this approach. This type of rationalism is in contrast to the personal or Vahmi rationalism. As a matter of fact, Those Mutakalims (theologians, who use Hikmi rationalism, don’t try to criticize philosophy or elicit from it; they just try to employ the principles, foundations, and results of Hikmah to explain, justify, and defend their religious beliefs

  11. Asset Inventory Database

    Data.gov (United States)

    US Agency for International Development — AIDM is used to track USAID assets such as furniture, computers, and equipment. Using portable bar code readers, receiving and inventory personnel can capture...

  12. Argentine Space Assets

    National Research Council Canada - National Science Library

    Oyarzabal, Xavier

    1997-01-01

    This thesis is an attempt to define how some of the commercial space assets already in use or under development could be useful to the Argentine Navy as tools for better accomplishment of their basic missions...

  13. Argentine Space Assets

    National Research Council Canada - National Science Library

    Oyarzabal, Xavier

    1997-01-01

    .... Research efforts involved investigating part of what is available on the international market and some space related international laws and policies that may represent limits for military use of civilian assets...

  14. IT Asset Management System -

    Data.gov (United States)

    Department of Transportation — ITAMS provides a web frontend for the managing of all HW Assets lifecycle data purchased by ATO since 2006. In addition it contains much of our Enterprise SW license...

  15. Model for equipment life-cycle cost forecasting and its application in assets management in the oil industry; Modelo para previsao de custo de ciclo de vida de equipamentos e sua aplicacao na gestao de ativos na industria do petroleo

    Energy Technology Data Exchange (ETDEWEB)

    Cesca, Igor Gimenes; Elias Junior, Antonio; Carvalho, Marcos Henrique [Universidade Estadual de Campinas (DEP/FEM/UNICAMP), SP (Brazil). Dept. de Engenharia de Petroleo; Lima, Gabriel Alves da Costa [Centro de Estudos de Petroleo (CEPETRO/UNICAMP), SP (Brazil)

    2012-07-01

    In the area of oil exploration and production (E and P), knowing the behavior of the equipment in their life cycles becomes even more important than in other industries due to: 1) high cost and 2) severity in terms of requirements safety. The purchase of equipment should not be decided only at the initial cost, but through the life cycle cost (LCC). This paper presents a study to find the cost over the life cycle of a group of equipment used in the petroleum industry by methods of dynamic programming, as well as a discussion on how to use such information in assets management in order to obtain better financial indicators. The main causes of variation in the useful economic life of equipment is the resale value and maintenance costs. Thus, it is possible to avoid high expenditure on maintenance costs and avoid an excessive depreciation of the equipment. So it is possible to conclude that the more intense the depreciation of value, the greater the useful economic life. For maintenance costs, the more intense are the costs, the lower the useful economic life. (author)

  16. Solar Asset Management Software

    Energy Technology Data Exchange (ETDEWEB)

    Iverson, Aaron [Ra Power Management, Inc., Oakland, CA (United States); Zviagin, George [Ra Power Management, Inc., Oakland, CA (United States)

    2016-09-30

    Ra Power Management (RPM) has developed a cloud based software platform that manages the financial and operational functions of third party financed solar projects throughout their lifecycle. RPM’s software streamlines and automates the sales, financing, and management of a portfolio of solar assets. The software helps solar developers automate the most difficult aspects of asset management, leading to increased transparency, efficiency, and reduction in human error. More importantly, our platform will help developers save money by improving their operating margins.

  17. A New Philosophical Underpinning of Macromarketing Theories

    DEFF Research Database (Denmark)

    Skytte, Hans

    2014-01-01

    This paper proposes a new philosophical foundation for analyzing macromarketing issues, and for further development of macromarketing theory, building on the language philosophy developed by the German/British philosopher Ludwig Wittgenstein. The building blocks are a number philosophical thoughts...... and concepts: “language is autonomous”, “concept”, “seeing as”, “language-games”, etc. In this paper these philosophical thoughts and concepts combine so that they over time form recursive processes which spiral. These processes are taken as the philosophical foundation for researching the language and actions...

  18. Social and philosophical analysis of brand clothes : the Ukrainian context

    Directory of Open Access Journals (Sweden)

    H. V. Skalatskaya

    2016-06-01

    Full Text Available The purpose of the article is to consider the prospects of social and philosophical analysis of the product (clothes of fashion brand. In social and philosophical analysis of brand clothes, its fashion shows there is a range of discursive questions: the use and the definition of the concepts «designer» and «brand»; thematic focus of the brand (fabrics, colors, prints, shapes its semantics; format of representation of fashion collection in dependence; and a number of other structural elements. In the analysis of fashion trends or seasonal collections the concepts designer or brand are used. The concept «brand» contains an economic component, certain calculations, and intangible assets (goodwill; design work is subject to market needs and the interests of consumers (for analysis of the individual designer the biographical method is used. Theoretical analysis of fashion cannot be made apart from empirical material. A performative approach of K. Wolfe can be the methodology of the social and philosophical research of fashion show. The advantages of this method of the research are to determine fashion as performative space, staging ideas of the designer in the fashion show and making clothes. Implementation of performative approach allowed considering thematic focus of the brand of clothes and format of its representation in seasonal fashion shows on the example of Ukrainian brand «Domanoff». Social and philosophical analysis of brand clothes can be divided into the following main components, excluding aesthetic and economic aspects: the use of the concepts designer and brand (a set of aesthetic, economic, social and subjective components and design`s view; review of the semantics of clothes and staging (by providing clothes in the form of seasonal fashion shows of collections. For complex social and socio­philosophical analysis of fashion brand it necessary to have: the press release (description, designer`s interview (disclosure of early

  19. Future Assets, Student Talent (FAST)

    Science.gov (United States)

    1992-01-01

    Future Assets, Student Talent (FAST) motivates and prepares talented students with disabilities to further their education and achieve High Tech and professional employment. The FAST program is managed by local professionals, business, and industry leaders; it is modeled after High School High Tech project TAKE CHARGE started in Los Angeles in 1983. Through cooperative efforts of Alabama Department of Education, Vocational Rehabilitation, Adult and Children Services, and the President's Committee on Employment of People with Disabilities, north central Alabama was chosen as the second site for a High School High Tech project. In 1986 local business, industry, education, government agencies, and rehabilitation representatives started FAST. The program objectives and goals, results and accomplishments, and survey results are included.

  20. INFORMATIZATION: PHILOSOPHICAL AND ANTHROPOLOGICAL PROBLEMS

    Directory of Open Access Journals (Sweden)

    A. A. Kosolapov

    2015-07-01

    Full Text Available Purpose.Computerization and informatization in recent decades gave the mankind automated electronic document management systems, automated process of production, Internet and network information resources WWW, expanded the communications capabilities and led to the globalization of the information society. At the same time gives rise to a number of processes of informatization philosophical and anthropological problems, that has become an existential character. It is necessary to identify and understanding of these issues on the basis of the gnoseological model of the evolution informatization paradigms and determine their main characteristics. Methodology. The system-activity approach was used; it allowed identifying and analyzing the impact of the main components of information and communication technologies (ICT for educational activities. And further to present them as a unified system of human activity in conditions computerization/informatization. The philosophical principles: a comprehensive review of the subject, the unity of the logical and historical, ascending from the abstract to the concrete was used. The general scientific principles: unity and development of the system, the decomposition hierarchy, individualization and cooperation, diversity and taxonomy were applied. Findings.The three-stage gnoseological model of the paradigms computerization/informatization evolution was proposed by the author. It is based on three information system characteristics: speed, interface and data access. The seven-bar anthrop-centric model, which is called the architecture of information systems (AIS, which describes the changes in their types of procuring, was proposed for each paradigm. The philosophical-anthropological problems that affect negatively its progress were formulated for each stage of modern information society transformation. Originality. The gnoseological model of development processes of informatization in the form of three

  1. The digital divide: philosophical reflection

    Directory of Open Access Journals (Sweden)

    Dedyulina Marina Anatolevna

    2017-07-01

    Full Text Available The problem of digital divide itself is interesting for philosophical reflection as it lies at the crossroads of interests of social and political philosophy, philosophy of technology and epistemology, and these are just some of them. Due to the constant development of information technologies and the introduction of new technologies the digital divide is a dynamic problem. The main aim of this work is to analyse the conceptual and descriptive aspects of the problem of the digital divide, to get a more complete picture of the phenomenon. The digital divide is a complex problem that has social, political, cultural and ethical aspects.

  2. Philosophical aspects of modern cosmology

    Science.gov (United States)

    Zinkernagel, Henrik

    2014-05-01

    Cosmology is the attempt to understand in scientific terms the structure and evolution of the universe as a whole. This ambition has been with us since the ancient Greeks, even if the developments in modern cosmology have provided a picture of the universe dramatically different from that of Pythagoras, Plato and Aristotle. The cosmological thinking of these figures, e.g. the belief in uniform circular motion of the heavens, was closely related to their philosophical ideas, and it shaped the field of cosmology at least up to the times of Copernicus and Kepler.

  3. Asset management techniques

    International Nuclear Information System (INIS)

    Schneider, Joachim; Gaul, Armin J.; Neumann, Claus; Hograefer, Juergen; Wellssow, Wolfram; Schwan, Michael; Schnettler, Armin

    2006-01-01

    Deregulation and an increasing competition in electricity markets urge energy suppliers to optimize the utilization of their equipment, focusing on technical and cost-effective aspects. As a respond to these requirements utilities introduce methods formerly used by investment managers or insurance companies. The article describes the usage of these methods, particularly with regard to asset management and risk management within electrical grids. The essential information needed to set up an appropriate asset management system and differences between asset management systems in transmission and distribution systems are discussed. The bulk of costs in electrical grids can be found in costs for maintenance and capital depreciation. A comprehensive approach for an asset management in transmission systems thus focuses on the 'life-cycle costs' of the individual equipment. The objective of the life management process is the optimal utilisation of the remaining life time regarding a given reliability of service and a constant distribution of costs for reinvestment and maintenance ensuring a suitable return. In distribution systems the high number of components would require an enormous effort for the consideration of single individuals. Therefore statistical approaches have been used successfully in practical applications. Newest insights gained by a German research project on asset management systems in distribution grids give an outlook to future developments. (author)

  4. Dementia: sociological and philosophical constructions.

    Science.gov (United States)

    Davis, Daniel H J

    2004-01-01

    This analysis presents a challenge to the biomedical view of dementia as a disease. This view is critiqued from two perspectives: those of sociology and philosophy. Because these domains inform the creation of the medical discourse, their analysis provides an important refinement to the apprehension of the phenomenon of dementia. From the work of Foucault, and in particular his analysis of the historical origins of modern medicine, the sociological construction of dementia is considered. Following this, the philosophical question of Being is discussed, considering particularly the positions of Heidegger and Merleau-Ponty. Lastly aspects of dementia nursing that are damaging to those relatives forced to take on the role of primary carer are isolated, in the context of Kitwood's view that it is possible to maintain personhood at the extremes of this condition. It is suggested that this critique of sociological and philosophical foundations of dementia might offer a way of approaching the dismantling of the self and revise current conceptions of dementia care for the better.

  5. Positioning the Learning Asset Portfolio as a Key Component in an Organization's Enterprise Risk Management Strategy

    Science.gov (United States)

    McAliney, Peter J.

    2009-01-01

    This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

  6. A technologically-driven asset management approach to managing physical assets: a literature review and research agenda for 'smart' asset management

    Directory of Open Access Journals (Sweden)

    Nel, Charles Benjamin Hirschowitz

    2016-12-01

    Full Text Available The concept of ‘smart’ is increasingly used in the commercial environment, and relates to a perception of technological intelligence. The concept of ‘Internet of Things’ (IoT has also become a reality that makes a different approach to managing physical assets necessary. With this technological intelligence come vast quantities of asset data and the analysis thereof, which has proven to add value to asset management. To capitalise on and expand this value creation, smart asset management (SAM came into being by incorporating proven methodologies and applying these in real-time management structures. This article offers a review of the existing literature, and aims to create industry awareness about the business potential of incorporating SAM into automated asset environments for strategic management decision-making.

  7. Operational management of offshore energy assets

    Science.gov (United States)

    Kolios, A. J.; Martinez Luengo, M.

    2016-02-01

    Energy assets and especially those deployed offshore are subject to a variety of harsh operational and environmental conditions which lead to deterioration of their performance and structural capacity over time. The aim of reduction of CAPEX in new installations shifts focus to operational management to monitor and assess performance of critical assets ensuring their fitness for service throughout their service life and also to provide appropriate and effective information towards requalification or other end of life scenarios, optimizing the OPEX. Over the last decades, the offshore oil & gas industry has developed and applied various approaches in operational management of assets through Structural Health and Condition Monitoring (SHM/CM) systems which can be, at a certain level, transferable to offshore renewable installations. This paper aims to highlight the key differences between offshore oil & gas and renewable energy assets from a structural integrity and reliability perspective, provide a comprehensive overview of different approaches that are available and applicable, and distinguish the benefits of such systems in the efficient operation of offshore energy assets.

  8. Kursk ASSET brings praise for plant operators

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    An Assessment of Safety Significant Events Team (ASSET) from the International Atomic Energy Agency (IAEA) visited Kursk on 19-31 July 1992 - the first time such a group had been to a RBMK reactor site. Kursk is a four unit station and the IAEA Team was able to consider safety significant events over its 45 reactor-year history. all four units have good operating records, with lifetime load factors of 70-80%. The ASSET's aim was to consider the plants current safety provisions for prevention of accidents and incidents. ASSET recommendations may cover the design and operability of the plant, personnel or operating procedures. At Kursk the Team found that ''highly qualified plant management and a very dedicated and knowledgeable operating staff'' was a major asset. They found a sound maintenance programme although some aspects of the facility appeared neglected. This was attributed to Russian industrial priorities that focused on functionality rather than appearance. it was in the test and maintenance personnel that the ASSET mission found the safety culture weakest. Some of their recommendations are reported in this article. (Author)

  9. Evaluating the philosophical foundation of 2013 Curriculum

    OpenAIRE

    M. Mardiana; Pujiati Suyata

    2017-01-01

    The study was to: (1) identify the interpretation toward the philosophical foundation of 2013 Curriculum; and (2) evaluate the philosophical foundation of 2013 Curriculum. In order to achieve these objectives, the researchers implemented the method of philosophy interpretation, namely a method that might discover an individual’s paradigm through the texts or the articles that he or she composed. Furthermore, in order to evaluate the philosophical foundation of 2013 Curriculum the researchers ...

  10. Managing municipal infrastructure assets

    CSIR Research Space (South Africa)

    Wall, K

    2006-01-01

    Full Text Available and critical analysis of good practice. But, above all, there is a need for a national strategy to ensure that municipal infrastructure assets deliver services to specification for the whole of their design lives – and for the carrying through of this strategy...

  11. Managing intangible assets

    NARCIS (Netherlands)

    Schoemaker, M.J.R.; Jonker, J.

    2005-01-01

    - Purpose – To develop a concept of managing intangible assets in contemporary organisations. Insight is given into the rise of the network organisation and the importance of talent, social capital and identity in this kind of organisation. - Design/methodology/approach – This paper develops a

  12. Naturalizing phenomenology - A philosophical imperative.

    Science.gov (United States)

    Harney, Maurita

    2015-12-01

    is a conception developed by Merleau-Ponty, especially in his later ontology of nature, and one that is shared by American pragmatist philosopher of science, C.S. Peirce (1839-1914). For both philosophers, meaning must be understood in terms of an ontology which is relational rather than atomistic, and dynamic or processual rather than static and substance-based. For Merleau-Ponty this is an experientially-derived ontology; for Peirce it is a more conceptually-based one. In this paper, I explore this connection between these two philosophers in two stages. The first is by reference to Peirce's theory of signs or semiotics. More specifically, I look at the application of this theory to the study of biological processes as developed in Peirce-inspired biosemiotics. In the light of this, I suggest that Merleau-Ponty's account of intentional relations in nature might be articulated as semiotic relations, and can serve as a philosophical basis for a non-reductive biological science. I then turn to questions relating to the ontology of nature. I explore Merleau-Ponty's experientially-based "ontology of flesh" and Peirce's distinctive form of naturalism to show affinities at this ontological level. These affinities consist in commitments to a reality that includes possibility, meaning, temporality, and final causation - that is, an ontology which is far more inclusive than that of conventional positivistic science. Peirce's broader scientific metaphysics enables us to extend Merleau-Ponty's phenomenological naturalism beyond the biological to the physical sciences. Whilst Merleau-Ponty's ontology of nature provides the experiential basis necessary for a critique of scientism, Peirce establishes the relevance of that ontology for a re-conceived empirical science. Copyright © 2015. Published by Elsevier Ltd.

  13. Philosophical foundations of human rights

    CERN Document Server

    Liao, Matthew S

    2015-01-01

    What makes something a human right? What is the relationship between the moral foundations of human rights and human rights law? What are the difficulties of appealing to human rights? This book offers the first comprehensive survey of current thinking on the philosophical foundations of human rights. Divided into four parts, this book focusses firstly on the moral grounds of human rights, for example in our dignity, agency, interests or needs. 'Secondly, it looks at the implications that different moral perspectives on human rights bear for human rights law and politics. Thirdly, it discusses specific and topical human rights including freedom of expression and religion, security, health and more controversial rights such as a human right to subsistence. The final part discusses nuanced critical and reformative views on human rights from feminist, Kantian and relativist perspectives among others. The essays represent new and canonical research by leading scholars in the field. Each part is comprised of a set...

  14. Prudent management of utility assets -- Problem or promise?

    International Nuclear Information System (INIS)

    Hatch, D.; Serwinowski, M.

    1998-01-01

    As utilities move into a deregulated market, the extent and nature of their asset base, as well as, the manner in which they have managed it, may play a key factor in the form of regulatory recovery. Utilities must face the issue of stranded assets. One form of addressing this issue is using ''EVA'', Economic Value Added as a mechanism to form financial models for prudent asset management. The authors present an approach to this challenging aspect of deregulation. They focus on the following utility assets: buildings/facilities, and excess real physical assets. Primarily focusing on Niagara Mohawk, two or three case studies are used to demonstrate how proactive management and EVA analysis transforms underperforming utility assets. These will be presented in a way that can show benefits for all utility stakeholders such as cost avoidance, load growth, real estate tax savings, stranded asset reductions, environmental gains, corporate image enhancement, and regulatory/governmental gains; over and above possible economic gains. Examples will be given that include the transformation of utility assets into award winning commercial, residential, and industrial developments as well as recreational/park lands and greenways. Similarly, other examples will show the many tangible and intangible benefits of an effective investment recovery and waste stream management program. Various strategies will also be presented that detail how utilities can begin to develop a total comprehensive plan for their asset portfolio. The first step in realizing and maximizing EVA towards a portfolio of assets is a change in corporate policy--one from passive ownership to active prudent management. Service and cost will drive competition resulting from full deregulation. To drive down costs, utilities will need to become more efficient in dealing with their asset base. By embracing an EVA model on an entire asset portfolio, utilities can prepare and excel in the newly shaped marketplace

  15. Financial Integration and Asset Returns

    OpenAIRE

    P Martin; H Rey

    2000-01-01

    The paper investigates the impact of financial integration on asset return, risk diversification and breadth of financial markets. We analyse a three-country macroeconomic model in which (i) the number of financial assets is endogenous; (ii) assets are imperfect substitutes; (iii) cross-border asset trade entails some transaction costs; (iv) the investment technology is indivisible. In such an environment, lower transaction costs between two financial markets translate to higher demand for as...

  16. INNOVATION IN ACCOUNTING BIOLOGIC ASSETS

    OpenAIRE

    Stolуarova M. A.; Shcherbina I. D.

    2016-01-01

    The article describes the innovations in the classification and measurement of biological assets according to IFRS (IAS) 41 "Agriculture". The difficulties faced by agricultural producers using standard, set out in article. The classification based on the adopted amendments, according to which the fruit-bearing plants, previously accounted for as biological assets are measured at fair value are included in the category of fixed assets. The structure of biological assets and main means has bee...

  17. Efficiently Inefficient Markets for Assets and Assets Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Heje Pedersen, Lasse

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily......, more money is allocated to active management, fees are lower, and asset prices are more efficient. Informed managers outperform after fees, uninformed managers underperform after fees, and the net performance of the average manager depends on the number of "noise allocators." Finally, we show why large...

  18. Asset planning performance measurement framework

    NARCIS (Netherlands)

    Arthur, D.; Hodkiewicz, M.; Schoenmaker, R.; Muruvan, S.

    2014-01-01

    The international asset management standard ISO 55001, introduced in early 2014, outlines the requirement for an effective Asset Management System. Asset Management practitioners are seeking guidance on implementing one of the key requirements of the standard: the “line of sight” between the

  19. Real Assets and Capital Structure

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2013-01-01

    We characterize the relation between asset structure and capital structure by exploiting variation in the salability of corporate assets. To establish this link, we distinguish across different assets in firms’ balance sheets (machinery, land, and buildings) and use an instrumental approach that

  20. The Philosophical Foundations of Lifelong Learning.

    Science.gov (United States)

    Michopoulos, Aristotle

    The current lifelong learning movement, the new force toward global education, owes much to the League of Nations and the United Nations that sponsored an expanded multiracial "polis." Its philosophical foundations go back, however, to ancient China, India, and especially Greece, where philosophers and scientists got their creative…

  1. Human Freedom and the Philosophical Attitude

    Science.gov (United States)

    Rider, Sharon

    2015-01-01

    Attempts to describe the essential features of the Western philosophical tradition can often be characterized as "boundary work", that is, the attempt to create, promote, attack, or reinforce specific notions of the 'philosophical' in order to demarcate it as a field of intellectual inquiry. During the last century, the dominant tendency…

  2. Understanding Philosophical Counseling | Sivil | South African ...

    African Journals Online (AJOL)

    philosophical counseling by exploring its points of convergence to and deviation from its complimentary parts – philosophy and counseling. The practical and applied orientation of philosophical counseling seems worlds apart from what many consider to exemplify philosophy – theoretical, intellectual and abstract concern ...

  3. Two Forms of Philosophical Argument or Critique

    Science.gov (United States)

    Marshall, James D.

    2004-01-01

    In this paper the author looks at two forms of philosophical argument or critique. These are derived by himself from the work of the late Kantian scholar, Stephan Korner who, in his book "What is Philosophy?" (1969), draws a number of distinctions between different forms of "philosophical" argument or critique. The two forms of derived argument,…

  4. The historical and philosophical origins of normativism

    NARCIS (Netherlands)

    Dutilh Novaes, C.

    2011-01-01

    Elqayam & Evans' (E&E's) critique of normativism is related to an inherently philosophical question: Is thinking a normative affair? Should thinking be held accountable towards certain norms? I present the historical and philosophical origins of the view that thinking belongs to the realm of

  5. Ethical issues in radiology: A philosophical perspective

    International Nuclear Information System (INIS)

    Sia, S.

    2009-01-01

    Given that there is much disagreement as to what constitutes 'philosophy', even among philosophers, it is a challenge to provide a philosophical perspective. There are, however, at least two areas that most philosophers would regard as coming within the terrain of philosophical thinking: (1) the clarification of issues and (2) providing some sort of a foundation on which further thinking can take place. Thus, by way of contributing a philosophical perspective to the discussion, this paper will clarify some of the more fundamental issues regarding ethical debates in the hope of establishing some kind of theoretical foundation on which to base the discussion of the more specific issues and of widening the scope of the discussion. (authors)

  6. Philosophical foundations of qualitative research.

    Science.gov (United States)

    Boyd, C O

    1993-08-01

    Although new and still emerging for us, qualitative research approaches have been receiving considerable attention for some time in other disciplines. Along with philosophical debates, there are debates about whether there needs to be a debate. On a philosophical level, there is irreconcilable conflict between the quantitative and qualitative paradigms. It is important to recognize this conflict, avoiding illogical compromise. Yet, proponents of each paradigm need to applaud both the existence of the other and the hybrid paradigms that inevitably are born of conflict. An apt beginning would be broader definitions of what constitutes science and research in nursing, eliminating the sense-organ bias that is so contrary to our philosophy for practice. This alone would provide qualitative nurse researchers with the sanction they need to progress in their exploration of various approaches to creating a science and a body of knowledge in, for, and about nursing practice. In the chapters to follow, readers will be introduced to several qualitative research approaches. Each approach represents an interpretation of the qualitative paradigm in nursing research, grounded in the general perspective of phenomenological philosophy. This perspective focuses on phenomena as they appear and recognizes that reality is subjective and a matter of appearances for us in our social world. Subjectivity means that the world becomes real through our contact with it and acquires meaning through our interpretations of that contact. Truth, then, is a composite of realities, and access to truth is a problem of access to human subjectivity. This perspective guides the qualitative researcher in nursing to the subject matter of lived experiences, which are the original contacts with a world, and of the processes and content of interpretation--the meaning attributions that constitute realities and perspectives for a future of possibilities in the world. Other consequences of a phenomenological

  7. Asset management program

    Energy Technology Data Exchange (ETDEWEB)

    Wison, P.; Newman, G. [Bruce Power, Tiverton, Ontario (Canada)

    2013-07-01

    In order to understand our assets we have been assessing the condition of the units in our nuclear power plants developing asset life management options on a component by component basis. We have concluded that with the right work and planning we will be able to manage the units in a way that balances capacity requirements over the long term and at the same time manage the demand on critical resources. Major component replacement outages include Installing/removing bulkheads, pressure tube and calandria tube replacement, feeder replacement, steam generator replacement, supporting facilities and infrastructure, reactor inspections and maintenance including tooling enhancements, additional non reactor systems inspection & testing and continued research and analysis. These plans will have to take into account cost, resource and capacity requirements.

  8. Asset management program

    International Nuclear Information System (INIS)

    Wison, P.; Newman, G.

    2013-01-01

    In order to understand our assets we have been assessing the condition of the units in our nuclear power plants developing asset life management options on a component by component basis. We have concluded that with the right work and planning we will be able to manage the units in a way that balances capacity requirements over the long term and at the same time manage the demand on critical resources. Major component replacement outages include Installing/removing bulkheads, pressure tube and calandria tube replacement, feeder replacement, steam generator replacement, supporting facilities and infrastructure, reactor inspections and maintenance including tooling enhancements, additional non reactor systems inspection & testing and continued research and analysis. These plans will have to take into account cost, resource and capacity requirements.

  9. Digital asset management.

    Science.gov (United States)

    Humphrey, Clinton D; Tollefson, Travis T; Kriet, J David

    2010-05-01

    Facial plastic surgeons are accumulating massive digital image databases with the evolution of photodocumentation and widespread adoption of digital photography. Managing and maximizing the utility of these vast data repositories, or digital asset management (DAM), is a persistent challenge. Developing a DAM workflow that incorporates a file naming algorithm and metadata assignment will increase the utility of a surgeon's digital images. Copyright 2010 Elsevier Inc. All rights reserved.

  10. Financing Durable Assets

    OpenAIRE

    Adriano Rampini

    2015-01-01

    This paper studies the financing of durable assets in a model with collateral constraints due to limited enforcement. Durability affects the ease of financing. Specifically, we show that more durable capital requires a larger down payment of internal funds per unit of capital making it harder to finance. Thus, financial constraints have a bigger impact on purchases of more durable capital, such as land, structures, and durable equipment. This basic insight has implications for the choice betw...

  11. Accounting treatment of intangible assets

    OpenAIRE

    Gorgieva-Trajkovska, Olivera; Koleva, Blagica; Georgieva Svrtinov, Vesna

    2015-01-01

    The accounting for fixed assets is, in many cases, a straightforward exercise, but it isn’t always so when it comes to the issue of intangible fixed assets and recognizing such assets on the balance sheet. IAS 38, In¬tan¬gi¬ble Assets, outlines the accounting re¬quire¬ments for in¬tan¬gi¬ble assets, which are non-mon¬e¬tary assets which are without physical substance and iden¬ti¬fi¬able (either being separable or arising from con¬trac¬tual or other legal rights). In¬tan¬gi¬ble assets meeting ...

  12. Leading beyond the bottom line: organizational assets for the new economy. 2.

    Science.gov (United States)

    Schenke, R; Berkowitz, E; Gaintner, J R; Hickey, M E; Hodge, R H; Ludden, J; Randolph, L M

    2000-01-01

    Organizations are created to aggregate resources to accomplish some purpose, be it to provide health care, raise a family, or build cars. These resources are assets. A manager has a fiduciary responsibility, by practice, and, in many cases, by law, to make the best use of those assets. Traditionally, we've evaluated the use of assets through financial statements. The troublesome aspect of these financial statements is that they were designed to measure only those things that can be counted simply--financial and physical assets. But our world has moved from an industrial, manufacturing age to an information, service economy and we are learning that intangible assets are as powerful--potentially more powerful--in creating value as are tangible assets. Recognizing the intangible asset value of employees, customers, and the community is the challenge in this new service economy. Effective health care leaders need to leverage and manage all of an organization's assets.

  13. Active RFID Technology for Asset Tracking and Management System

    Directory of Open Access Journals (Sweden)

    Tharek Abdul Rahman

    2013-03-01

    Full Text Available Asset is one of valuable item in the industry or institution, missing or lose of asset may have problem in asset management system. The advantages of Radio Frequency Identification (RFID technology have made this technology useful for asset management and tracking system. The use of active RFID technology for asset tracking is by attaching the tag at the asset or item with assigned a unique ID for identification. A few of active RFID readers install at strategic points or location to track asset movement and collect information when anyone of item pass by in reader coverage area, reader collect information with in reading range and send to backend system. Integration every single system by using wires or wireless methods to keep centralize data processing system. Alert message will be send to representative department to give warning. This asset tracking and management system that use active type of RFID technology is working at ISM band frequency of 433 MHz. The backend systems consist of application software, middleware and database. All the information have been sent from every single system recorded in one central database.

  14. Evaluating the Knowledge Assets of Innovative Companies

    Directory of Open Access Journals (Sweden)

    Maen Al-Hawari

    2002-11-01

    Full Text Available Knowledge has long been recognised as a valuable resource for organisational growth and sustained competitive advantage, especially for organisations competing in an uncertain environment (Miller & Shamsie 1987. In the current post-industrial society, knowledge is recognised as a primary source of a company’s wealth. However knowledge assets are much more difficult to identify and measure than are the physical assets with which we are much more familiar. (Boisot 1998 As a company’s innovative capacity may be dependent upon its ability to take advantage of its knowledge assets, it is important to be able to identify and measure those assets. While large companies can afford extensive knowledge management projects, there is a acute need for a method by which managers in smaller organisations can easily and reliably locate, quantify and compare their knowledge assets in order to maximise their potential for innovation. The paper will begin with an overview of current thinking on the topic of Knowledge Management (KM. It will then introduce the three functions of the knowledge life cycle (Bhatt 2000, Tan 2000, the four modes of conversion between tacit and explicit knowledge (Nonaka 1995 and the five knowledge enablers (Von Krogh 2000. The research, reported here, aims to identify, from the literature, a set of knowledge elements that will give a balanced view of knowledge assets across the four modes and five enablers. An integrated model, which is the result of research to date by the authors, will then be defined. This model combines the functions of the knowledge life cycle and Nonaka’s knowledge creation spiral with the notion of I-Space, which has been used to classify information across three dimensions, to form a new model of K-Space, which can be used to classify the knowledge elements. The paper will present this model and discuss the appropriateness of a set of knowledge elements as a means of measuring the knowledge asset of an

  15. Market competitiveness, intangible assets and efficiency in combination of fixed assets in companies listed on the BM&Fbovespa

    Directory of Open Access Journals (Sweden)

    Geovanne Dias de Moura

    2013-12-01

    Full Text Available The study aimed to analyze, among companies listed on BM&FBovespa, what is the relationship between market competitiveness, proportions of intangible assets and efficiency in combination of fixed assets. To this end, descriptive research and quantitative in a sample consisting of 268 companies, with data collected through the database Economática, for the period 2008 to 2010. In relation to the competitiveness of the market results showed there is monopoly in the economic sector, oil and gas, biofuel sectors oligopoly of industrial goods, financial and basic materials and a structure of perfect competition with slight increase of competitiveness over time in other sectors. As to the proportion of intangible assets generally amounted to 7% of the total assets of the companies in the year 2008, 9% in 2009 and 17% in the year 2010, with highlight to the public utility industries and information technology. In terms of efficiency in combination of fixed assets realized that the economic sector of information technology and oil, gas and biofuels were with companies that had the best combinations. The results of the 2008 to 2010 period have also shown that among companies listed on the BM&FBovespa sample, those in competitive environments (contingency factor had the largest proportion of intangible assets and the best combinations of investments and assets related to its intangible.

  16. Industrialization

    African Journals Online (AJOL)

    Lucy

    importantly exploiting cheap labour for industrial purposes from the native population. 13 . During the colonial era manufacturing in the continent was generally at the handicraft and small scale levels. In some colonies this was supplemented by some relatively complex industries producing mainly for export, but also ...

  17. Asset sales, asset exchanges, and shareholder wealth in China

    Directory of Open Access Journals (Sweden)

    Weiting Huang

    2012-01-01

    Full Text Available In this paper, we study a sample of 1376 corporate asset sales and 250 asset exchanges in China between 1998 and 2006. We find that corporate asset sales in China enhance firm value with a cumulative abnormal return (CAR of 0.46% for the pre-announcement five-day period, which is consistent with the evidence discovered in both U.K. and U.S. For companies that exchanged assets during the sample period, the pre-announcement five-day CAR of 1.32% is statistically significant. We also discover that gains from divesting assets are positively related to managerial performance measured by Tobin's q ratio and the relative size of the asset sold or exchanged. Well-managed (high-q companies are more likely to sell or exchange assets in a value-maximizing fashion than poorly managed (low-q companies. Furthermore, asset-seller gains are not related to enhancing corporate focus, but improving corporate focus by exchanging for core assets enhances firm value.

  18. Whose Ethics? Which Wittgenstein? | Richter | Philosophical Papers

    African Journals Online (AJOL)

    . I argue that we should distinguish not only between Wittgenstein's personal opinions and his philosophy, but also, within his philosophical work, between broadly methodological remarks and what Wittgenstein might call genuinely ...

  19. Philosophical Enquiries into the Science of Sensibility

    OpenAIRE

    Vermeir, Koen; Deckard, Michael

    2012-01-01

    This chapter places Burke's Philosophical Enquiry in its broader context of a culture of sensibility. The three sections of this introductory essay broadly correspond to the three sections of this book. The first part, 'Science and sensibility', provides a background to the writing of Burke's Philosophical Enquiry and how it fits into the medical and scientific study of sensibility. The writing of this text in its particular eighteenth-century culture reflects both a reaction to overly mechan...

  20. Philosophical anthropology, anthropologic of philosophy and after

    Directory of Open Access Journals (Sweden)

    Krstić Predrag

    2007-01-01

    Full Text Available This expose deals, first of all, with suppositions, structure and range of human thinking that has been undertaken, very ambitiously, by "philosophical anthropology" at the beginning of the twentieth century. And then, through philosophical critique and self-critique of its status and limitations of this "discipline", it is indicating the orientation of recent controversy regarding the possibilities and characters of radical dismissal and/or reaffirmation of philosopheme "man".

  1. Tangible Asset Management In Real Sector Companies: A Parallel Between Industry Of Crude Oil Refining And Industry Of Refining Of Non Metallic Mineral In Colombia Gerenciamiento de activos tangibles en empresas del sector real: un paralelo entre industria de refinación de crudos e industria de refinación de minerales no metálicos en Colombia

    Directory of Open Access Journals (Sweden)

    John Jairo Forero Romero

    2012-08-01

    Full Text Available Enterprises around of the world are striving to understand and ensure that risks in utilities they govern are effectively managed while they must satisfy all expectations of their stakeholders. For this purpose there are now organisms and standardized management systems to manage financial risks, environmental hazards, industrial safety and occupational health risk. However, operational and reliability risks in the business lack an equivalent oversight body or an organizing framework through which enterprises can asses such risks , or define standards to which can be held accountable.The emergent understanding of asset management across all industry sectors has triggered a subsequent need for a standardized approach. This article identifies the key elements of asset management process and explains the benefits of the application of its elements with reference to two specific cases: the Barrancabermeja Refinery of Ecopetrol S.A. and  Sumicol S.A.Las empresas de todo el mundo se esfuerzan por comprender y asegurar que los riesgosen sus activos tangibles estén regidos bajo una administración eficaz y, a su vez, debenencargarse de cumplir con todas las expectativas de sus grupos de interés. Con estepropósito hoy en día existen organismos y sistemas de gestión estandarizados paraadministrar los riesgos financieros, ambientales, de seguridad de industrial y saludocupacional. Sin embargo, los riesgos operativos y de confiabilidad en el negocio hasta elmomento carecen de un órgano de supervisión equivalente, o un marco de organización através del cual las empresas pueden evaluar estos riesgos o definir las normas a las quepueden ser considerados responsables.El entendimiento emergente de la gestión efectiva de activos en todos los sectoresde la industria ha provocado una necesidad de un enfoque estandarizado. Este artículoidentifica los elementos clave del proceso de gestión de activos y explica los beneficiosde la aplicación de

  2. Financial performances of Romanian wood industry companies

    Directory of Open Access Journals (Sweden)

    Fitim DEARI

    2015-06-01

    Full Text Available The purpose of this study is to analyze financial performances of 40 selected Romanian companies for the 2009-2013 period. The selected companies operate in the wood industry and we have used panel type data to perform a quantitative analysis. We have found that companies with higher total assets, current assets, average inventory and accounts receivables have higher sales. It seems larger companies with higher total and current assets (especially accounts receivable are more profitable than their counterparties. Similarly, larger companies with lower current assets, average inventory and accounts receivable have lower assets turnover. Companies with lower average inventory have higher ROA and assets turnover. Larger companies have more total and current assets, net profit, average inventory and accounts receivable than their counterparties, however they seem to display lower assets turnover and current to total assets ratio. Companies with higher current to total assets ratio have higher assets turnover and ROA.

  3. The Lublin Philosophical School: Founders, Motives, Characteristics

    Directory of Open Access Journals (Sweden)

    Mieczysław A. Krąpiec

    2015-12-01

    Full Text Available The article is focused on the Lublin Philosophical School; it explains its name, presents its founders, reveals the causes of its rise, and introduce the specific character of the School’s philosophy.It starts with stating the fact that in the proper sense, the term “Lublin Philosophical School” describes a way of cultivating realistic (classical philosophy developed in the 1950s by a group of philosophers at the Catholic University of Lublin, Poland. The Lublin Philosophical School is characterized by cognitive realism (the object of cognition is really existing being, maximalism (taking up all existentially important questions, methodological autonomy (in relation to the natural-mathematical sciences and theology, transcendentalism in its assertions (its assertions refer to all reality, methodological-epistemological unity (the same method applied in objectively cultivated philosophical disciplines, coherence (which guarantees the objective unity of the object, and objectivity (achieved by the verifiability of assertions on their own terms, which is achieved by relating them in each instance to objective evidence. The term is the name of the Polish school of realistic (classical philosophy that arose as a response to the Marxism that was imposed administratively on Polish institutions of learning, and also as a response to other philosophical currents dominant at the time such as phenomenology, existentialism, and logical positivism.

  4. Industrialization

    African Journals Online (AJOL)

    Lucy

    . African states as ... regarded as the most important ingredients that went to add value to land and labour in order for countries ... B. Sutcliffe Industry and Underdevelopment (Massachusetts Addison – Wesley Publishing Company. 1971), pp.

  5. Industrialization

    OpenAIRE

    Blundel, Richard

    2016-01-01

    Industrialization, the historical development that saw cheesemaking transformed from a largely craft-based or artisanal activity, often located on a dairy farm, to a production process that, for the most part, takes place in large ‘cheese factories’ or creameries [See ARTISANAL]. The principal features of modern industrialized cheesemaking, which set it apart from traditional approaches include: high production volumes; sourcing of milk from multiple dairy herds; pasteurization and re-balanci...

  6. Efficiently Inefficient Markets for Assets and Asset Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Pedersen, Lasse Heje

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily......, more money is allocated to active management, fees are lower, and asset prices are more efficient. Informed managers outperform after fees, uninformed managers underperform after fees, and the net performance of the average manager depends on the number of "noise allocators." Small investors should...... be passive, but large and sophisticated investors benefit from searching for informed active managers since their search cost is low relative to capital. Hence, managers with larger and more sophisticated investors are expected to outperform....

  7. Industry

    Energy Technology Data Exchange (ETDEWEB)

    Bernstein, Lenny; Roy, Joyashree; Delhotal, K. Casey; Harnisch, Jochen; Matsuhashi, Ryuji; Price, Lynn; Tanaka, Kanako; Worrell, Ernst; Yamba, Francis; Fengqi, Zhou; de la Rue du Can, Stephane; Gielen, Dolf; Joosen, Suzanne; Konar, Manaswita; Matysek, Anna; Miner, Reid; Okazaki, Teruo; Sanders, Johan; Sheinbaum Parado, Claudia

    2007-12-01

    This chapter addresses past, ongoing, and short (to 2010) and medium-term (to 2030) future actions that can be taken to mitigate GHG emissions from the manufacturing and process industries. Globally, and in most countries, CO{sub 2} accounts for more than 90% of CO{sub 2}-eq GHG emissions from the industrial sector (Price et al., 2006; US EPA, 2006b). These CO{sub 2} emissions arise from three sources: (1) the use of fossil fuels for energy, either directly by industry for heat and power generation or indirectly in the generation of purchased electricity and steam; (2) non-energy uses of fossil fuels in chemical processing and metal smelting; and (3) non-fossil fuel sources, for example cement and lime manufacture. Industrial processes also emit other GHGs, e.g.: (1) Nitrous oxide (N{sub 2}O) is emitted as a byproduct of adipic acid, nitric acid and caprolactam production; (2) HFC-23 is emitted as a byproduct of HCFC-22 production, a refrigerant, and also used in fluoroplastics manufacture; (3) Perfluorocarbons (PFCs) are emitted as byproducts of aluminium smelting and in semiconductor manufacture; (4) Sulphur hexafluoride (SF{sub 6}) is emitted in the manufacture, use and, decommissioning of gas insulated electrical switchgear, during the production of flat screen panels and semiconductors, from magnesium die casting and other industrial applications; (5) Methane (CH{sub 4}) is emitted as a byproduct of some chemical processes; and (6) CH{sub 4} and N{sub 2}O can be emitted by food industry waste streams. Many GHG emission mitigation options have been developed for the industrial sector. They fall into three categories: operating procedures, sector-wide technologies and process-specific technologies. A sampling of these options is discussed in Sections 7.2-7.4. The short- and medium-term potential for and cost of all classes of options are discussed in Section 7.5, barriers to the application of these options are addressed in Section 7.6 and the implication of

  8. Industry

    OpenAIRE

    Schmidt-Belz, B.; Mohamad, Y.; Velasco, C.A.

    2009-01-01

    Industry plays a key role in the path towards eInclusion. While corporate social responsibility statements of leading companies confirm this, surveys show that there is still a long way to go. Among various reasons for the reluctant take-up of Design for All (DfA) by industry providing Information and Communication Technology (ICT), the lack of relevant knowledge and skills obviously plays a crucial role. Therefore, the DfA@eInclusion project has undertaken to develop curriculum guidelines an...

  9. Gender, Livestock and Asset Ownership

    International Development Research Centre (IDRC) Digital Library (Canada)

    improved poultry, without consulting their husbands. Gender, Livestock and Asset Ownership. Jemimah Njuki and Samuel Mburu. Facts. • Livestock are productive assets that women can easily own and are not bound by complex property rights. • Women may own livestock, acquired through the market or inheritance before ...

  10. Asset management: the big picture.

    Science.gov (United States)

    Deinstadt, Deborah C

    2005-10-01

    To develop an comprehensive asset management plan, you need, first of all, to understand the asset management continuum. A key preliminary step is to thoroughly assess the existing equipment base. A critical objective is to ensure that there are open lines of communication among the teams charged with managing the plan's various phases.

  11. Evaluation of the effect of non-current fixed assets on profitability and asset management efficiency

    OpenAIRE

    Lubyanaya, A. V.; Izmailov, A. M.; Nikulina, E. Y.; Shaposhnikov, V. A.

    2016-01-01

    The purpose of this article is to investigate the problem, which stems from non-current fixed assets affecting profitability and asset management efficiency. Tangible assets, intangible assets and financial assets are all included in non-current fixed assets. The aim of the research is to identify the impact of estimates and valuation in accounting for non-current fixed assets through several objectives, for example, explanation of the impairment tests of tangible and intangible assets under ...

  12. Review of UK participation in ASSET activities 1995/96 for the annual workshop on ASSET experience

    International Nuclear Information System (INIS)

    Phipps, C.R.

    1996-01-01

    With the restructuring of the Nuclear Generation Industry in the UK over the last 12 months it has been difficult to provide support to international activities including ASSET. This is likely to continue for a further 12 months whilst consolidation of the privatised part of the industry takes place and Magnox Electric plc is merged with British Nuclear Fuels Ltd. Having made that statement I would confirm that the UK is fully supportive of the ASSET methodology and will continue to be a participant in as many ASSET activities as possible. It was noted that during 1995 ASSET completed its 100th mission and the UK would like to congratulate the staff in the IAEA on this achievement. Discussions are at present ongoing within Magnox Electric plc, regarding the possibility of hosting an ASSET Peer Review mission, at one of the UK's Magnox plants, in 1997/98. During the 1995/96 period the UK participated in a number of ASSET activities as detailed below

  13. Evaluation of the Effect of Non-Current Fixed Assets on Profitability and Asset Management Efficiency

    Science.gov (United States)

    Lubyanaya, Alexandra V.; Izmailov, Airat M.; Nikulina, Ekaterina Y.; Shaposhnikov, Vladislav A.

    2016-01-01

    The purpose of this article is to investigate the problem, which stems from non-current fixed assets affecting profitability and asset management efficiency. Tangible assets, intangible assets and financial assets are all included in non-current fixed assets. The aim of the research is to identify the impact of estimates and valuation in…

  14. A Philosophical Perspective on Evolutionary Systems Biology.

    Science.gov (United States)

    O'Malley, Maureen A; Soyer, Orkun S; Siegal, Mark L

    2015-03-01

    Evolutionary systems biology (ESB) is an emerging hybrid approach that integrates methods, models, and data from evolutionary and systems biology. Drawing on themes that arose at a cross-disciplinary meeting on ESB in 2013, we discuss in detail some of the explanatory friction that arises in the interaction between evolutionary and systems biology. These tensions appear because of different modeling approaches, diverse explanatory aims and strategies, and divergent views about the scope of the evolutionary synthesis. We locate these discussions in the context of long-running philosophical deliberations on explanation, modeling, and theoretical synthesis. We show how many of the issues central to ESB's progress can be understood as general philosophical problems. The benefits of addressing these philosophical issues feed back into philosophy too, because ESB provides excellent examples of scientific practice for the development of philosophy of science and philosophy of biology.

  15. YHWH and the God of philosophical theology

    Directory of Open Access Journals (Sweden)

    J W Gericke

    2005-10-01

    Full Text Available In popular orthodox Christian philosophical theology, it is often taken for granted that the divine philosophised about is none other than the Hebrew deity YHWH himself. Moreover , it is often assumed that the Old� Testament depicts YHWH as being, inter alia, single, omnipotent, omniscient, omnipresent, and eternal. Now while it is to be admitted that there are indeed depictions of YHWH in the Old Testament in which his profile might be thought of as corresponding more or less to the popular philosophical ideal, it is also true that there are many representations that contradict it. In this article, the author looks at how the popular profile of� YHWH in the Old Testament as reconstructed by some philosophical theologians claiming to be �biblical�� is deconstructed when it is juxtaposed with alternative renderings of the divine in the same texts.

  16. [On the philosophical genealogy of Freud].

    Science.gov (United States)

    Dimitrov, C T

    1975-06-01

    The origins of psycho-analysis, like those of every other medico-psychological study, have their own particular scientific and specific social, historical and philosophical-theoretical presuppositions. Freud's philosophical genealogy is closely linked to classical german philosophy and subsequent philosophical movements. I. Kant, J.-F. Herbart, A. Schopenhauer, F. Nietzsche, E. v. Hartmann, G. T. Fechner, E. Mach, W. Ostwald, L. Feuerbach and others did not only emphasise the significance of drives and the unconscious in human behaviour, they also described many psychological mechanisms from depth psychology, (for example repression, condensation, substitution, sublimation). Some false theoretical trends in psycho-analysis (biologism, psychologism and simplifying psycho-energetics to simplify) can be explained to some extent by the influences mentioned above.

  17. The philosopher in Plato’s state

    Directory of Open Access Journals (Sweden)

    Nikitović Aleksandar

    2012-01-01

    Full Text Available Plato’s political theory rests on metaphysical principles that are understandable to only a few. It is assumed that only a narrow group of philosophers is able to put this theory into practice, and using repressive measures. The fewer the initiated the greater the repression. It is assumed that those who do not know the truth can neither predict their destiny nor do anything to make it better because they are unable to understand the goal and purpose of the repression. It is demonstrated that, in the imagined use of force, the sophists, who do acknowledge it, resort to repression to a much lesser extent than Plato’s philosopher. At first, Plato’s philosopher rejects the use of force as virtue, but it turns out to be indispensible, and in incomparably more aspects than it was in the sophists’ case. [Projekat Ministarstva nauke Republike Srbije, br. 179049

  18. Kantian Turning Point in Gadamer's Philosophical Hermeneutics

    Directory of Open Access Journals (Sweden)

    Kristína Bosáková

    2016-11-01

    Full Text Available The paper is treating the theme of a Kantian turning-point in the philosophical hermeneutics of H.- G. Gadamer based on of the harmonic relationship between metaphysics and science in Kantian philosophy from the point of view of the philosophical hermeneutics of Gadamer. The philosophical work of Kant had such an influence on Gadamer that without exaggerating we can talk about the Kantian turning-point in Gadamerian hermeneutics. Grondin, a former student of Gadamer, is talking about Kantian turning-point on the field of aesthetics, but in reality Kantian turning-point means much more than a mere change in the reception of the concept of judgement. It is a discovery of harmonical relationship between the beauty and the moral, between the reason and the sensitivity, between the modern sciences and the metaphysical tradition in the Kantian philosophy, made by Gadamer. This is what we call the Kantian turning-point in Gadamerian hermeneutics.

  19. Visual Decision Support Tool for Supporting Asset ...

    Science.gov (United States)

    Abstract:Managing urban water infrastructures faces the challenge of jointly dealing with assets of diverse types, useful life, cost, ages and condition. Service quality and sustainability require sound long-term planning, well aligned with tactical and operational planning and management. In summary, the objective of an integrated approach to infrastructure asset management is to assist utilities answer the following questions:•Who are we at present?•What service do we deliver?•What do we own?•Where do we want to be in the long-term?•How do we get there?The AWARE-P approach (www.aware-p.org) offers a coherent methodological framework and a valuable portfolio of software tools. It is designed to assist water supply and wastewater utility decision-makers in their analyses and planning processes. It is based on a Plan-Do-Check-Act process and is in accordance with the key principles of the International Standards Organization (ISO) 55000 standards on asset management. It is compatible with, and complementary to WERF’s SIMPLE framework. The software assists in strategic, tactical, and operational planning, through a non-intrusive, web-based, collaborative environment where objectives and metrics drive IAM planning. It is aimed at industry professionals and managers, as well as at the consultants and technical experts that support them. It is easy to use and maximizes the value of information from multiple existing data sources, both in da

  20. Tangible assets in worldwide accepted accounting systems

    OpenAIRE

    Koukolíková, Lucie

    2009-01-01

    This work is focusing on accounting for tangible assets under IFRS and US GAAP. First chapter concentrates on the definition of an asset and on the measurement at recognition of tangible assets. Second chapter deals with the measurement after recognition of tangible assets. Third chapter is concerned with other problems connected with tangible assets, such as leases, depletion of an asset or disclosure. The last chapter contains a practical study which analyses the application of theoretical ...

  1. Two Philosophical Views upon Morality and Religion

    OpenAIRE

    Ilyas Abdulrahman, Wazir; Krabbe Krogholt, Mathilde; Simonsen, Anne Marie; Raun Westh, Rasmus

    2008-01-01

    Herein is the project entitled “Two Philosophical Views upon Morality and Religion”. The content of this project will include an introduction to the two philosophers, Immanuel Kant and Henri Bergson, which is followed by a close account of their ideas upon morality and religion in Kant’s works, The Critique of Pure Reason and The Critique of Practical Reason, and Bergson’s The Two Sources of Morality and Religion. Furthermore, there will be a discussion of the major differences and similariti...

  2. Electricity - a great asset for Canada

    International Nuclear Information System (INIS)

    Chretien, Jean.

    1983-06-01

    Canada has a great national asset in its ability to generate electricity economically from its abundant hydro, coal, and uranium resources. Its nuclear industry has an excellent product. Despite lack of orders for now, the CANDU will be a competitive force when the reactor market recovers. Canada has a proven record of reliability for electricity trade with the United States. There appear to be some opportunities for plants in Canada dedicated to the export of electric power. The federal government is prepared to work closely with the provinces to develop projects which will be attractive to customers in the United States

  3. Digital asset ecosystems rethinking crowds and cloud

    CERN Document Server

    Blanke, Tobias

    2014-01-01

    Digital asset management is undergoing a fundamental transformation. Near universal availability of high-quality web-based assets makes it important to pay attention to the new world of digital ecosystems and what it means for managing, using and publishing digital assets. The Ecosystem of Digital Assets reflects on these developments and what the emerging 'web of things' could mean for digital assets. The book is structured into three parts, each covering an important aspect of digital assets. Part one introduces the emerging ecosystems of digital assets. Part two examines digital asset manag

  4. 10th World Congress on Engineering Asset Management

    CERN Document Server

    Kortelainen, Helena; Aaltonen, Jussi; Uusitalo, Teuvo; Komonen, Kari; Mathew, Joseph; Laitinen, Jouko

    2016-01-01

    This book comprises refereed papers from the 10th World Congress on Engineering Asset Management (WCEAM 2015), held in Tampere, Finland in September 2015. These proceedings include a compilation of state-of-the-art papers covering a comprehensive range of subjects equally relevant to business managers and engineering professionals alike. With a focus on various aspects of engineering asset management ranging from strategic level issues to detail-level machine health issues, these papers address both industry and public sector concerns and issues, as well as advanced academic research. Proceedings of the WCEAM 2015 is an excellent reference and resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students at tertiary institutions or in the industry.

  5. Fiction and Conviction | Blackburn | Philosophical Papers

    African Journals Online (AJOL)

    I claim that there is nothing so unusual in the interleaving of myth or fiction and history that Williams finds in Herodotus. I also reflect on the difficulty of separating acceptance of truth from acceptance of myth, metaphor, and model, not only in history but also in science. Philosophical Papers Vol.32(3) 2003: 243-260 ...

  6. Why Old Testament prophecy is philosophically interesting

    African Journals Online (AJOL)

    2013-03-04

    Mar 4, 2013 ... Comparative philosophical perspectives on Old Testament predictive prophecy are rare. Yet whilst the Old Testament is not explicit in its views on the relation between God and time, its narratives do contain implicit metaphysical assumptions regarding the nature of divine foreknowledge. In this article the ...

  7. Moral Attention: A Comparative Philosophical Study

    Science.gov (United States)

    Gendron, Claude

    2016-01-01

    The notion of moral attention allows the recognition of fundamental aspects of ethical life ignored or neglected by mainstream ethical theories. It is central to the theories of several notable female ethicists and many of them identify the French philosopher Simone Weil as the source of the contemporary use of this concept which invites…

  8. Seneca's theology in its philosophical context

    NARCIS (Netherlands)

    van Houte, M.S.A.

    2010-01-01

    This study aims at a better understanding of the theological views of the Roman Stoic Seneca and the status of these views in relation to those of the earlier Stoics, and in the context of various other factors, such as the views of other philosophical schools and the purpose of Seneca's work.This

  9. A comprehensive philosophical approach to Qohelet's epistemology

    African Journals Online (AJOL)

    2015-04-23

    Apr 23, 2015 ... to find a suitable philosophical profile for Qohelet's concept of knowledge whilst ignoring a whole array of topics and ... drafting in the wake of the epistemological turn in 20th-century, right-wing analytic philosophy of religion (see ..... For what advantage has the wise man over the fool? And what does the ...

  10. Nietzsche, science, and philosophical nihilism | Bamford | South ...

    African Journals Online (AJOL)

    Nietzsche offers us a critique of modern culture as threatened by a nihilistic crisis in values. Philosophy is specifically incorporated into Nietzsche's critique, resulting in the claim that modern philosophy, as well as modern culture, is nihilistic. But why should contemporary philosophers give this view credence? In this paper, I ...

  11. Forging national integrarion through philosophic interrogation of ...

    African Journals Online (AJOL)

    This paper argues that the recipe is philosophical re-orientation towards instituting liberalism (in the original sense of the word) as national ethos. It is also argued that liberalism is a philosophy of freedom and justice upon which anvil great civilizations have been forged and great civilizations broken when they turned ...

  12. Choice and Culpability | Futter | Philosophical Papers

    African Journals Online (AJOL)

    In this paper I take exception with a widely held philosophical doctrine, according to which agents are morally responsible only for actions they have intentionally done, or chosen to bring about. I argue that there are positive duties of consideration and proper regard that make sense of holding persons responsible in the ...

  13. Friendship and Belief | Keller | Philosophical Papers

    African Journals Online (AJOL)

    I intend to argue that good friendship sometimes requires epistemic irresponsibility. To put it another way, it is not always possible to be both a good friend and a diligent believer. Philosophical Papers Vol.33(3) 2004: 329-351. Full Text: EMAIL FULL TEXT EMAIL FULL TEXT · DOWNLOAD FULL TEXT DOWNLOAD FULL ...

  14. Social space: Philosophical reflections | Strauss | South African ...

    African Journals Online (AJOL)

    Our analysis of the phrase 'social space' first of all concentrates on the modal or functional nature of the different aspects of reality, including the social and spatial aspects. Subsequently this leads to an analysis of the problem of modal analogies – one way in which an answer is given to the perennial philosophical problem ...

  15. Philosophical dimensions of Aliu Babatunde Fafunwa's educational ...

    African Journals Online (AJOL)

    Password, Remember me, or Register. DOWNLOAD FULL TEXT Open Access DOWNLOAD FULL TEXT Subscription or Fee Access. Philosophical dimensions of Aliu Babatunde Fafunwa's educational ideas. AOI Gabriel. Abstract. No Abstract. SOPHIA: An African Journal of Philosphy and Public Affairs Vol. 10 (1) 2007: pp.

  16. A comprehensive philosophical approach to Qohelet's epistemology ...

    African Journals Online (AJOL)

    An increasing number of studies have seen the light over the last few decades concerning the epistemology of the book of Ecclesiastes. The extant research seems to be limited to try to find a suitable philosophical profile for Qohelet's concept of knowledge whilst ignoring a whole array of topics and theories in contemporary ...

  17. The Philosophical Foundations of Modern Medicine

    CERN Document Server

    Lee, Dr Keekok

    2011-01-01

    An exploration of the philosophical foundation of modern medicine which explains why such a medicine possesses the characteristics it does and where precisely its strengths as well as its weaknesses lie. Written in plain English, it should be accessible to anyone who is intellectually curious, lay persons and medical professionals alike.

  18. Software theory a cultural and philosophical study

    CERN Document Server

    Frabetti, Federica

    2014-01-01

    This book engages directly in close readings of technical texts and computer code in order to show how software works. It offers an analysis of the cultural, political, and philosophical implications of software technologies that demonstrates the significance of software for the relationship between technology, philosophy, culture, and society.

  19. Introduction Robin Melrose The French philosopher Jacques ...

    African Journals Online (AJOL)

    Robin Melrose. The French philosopher Jacques Derrida has exercised an enourmous influence on French thought over the last twenty years, particularly with his technique of deconstruction, and more recently the influence has spread to English-speaking countries, in fields as diverse as literary theory, the study of popular ...

  20. A Philosophical Look at the Higgs Mechanism

    NARCIS (Netherlands)

    Friederich, Simon

    2014-01-01

    On the occasion of the recent experimental detection of a Higgs-type particle at the Large Hadron Collider at CERN, the paper reviews philosophical aspects of the Higgs mechanism as the presently preferred account of the generation of particle masses in the Standard Model of elementary particle

  1. Some Ondo Philosophical Proverbs for Practical

    African Journals Online (AJOL)

    Nekky Umera

    understands the behaviour of their gods, reflects the ethics of society and philosophizes concerning life and death ... behavior of his gods, the facts of life, and death, the ethics of his society, the way to success and happiness, the ..... It is the tortoise one finds around that one puts fire under its bottom. The above proverb talks ...

  2. A philosophical investigaton into African values: towards ...

    African Journals Online (AJOL)

    ... on her traditional values, hence, devaluing those cherished and veritable autochthonous values that have the power to better her conditions. In this piece, through the method of philosophical investigation, a case is made to the effect that, in the devalued African values, among others, lie solutions to Africa's predicament.

  3. Introduction Robin Melrose The French philosopher Jacques ...

    African Journals Online (AJOL)

    The French philosopher Jacques Derrida has exercised an enourmous influence on French thought over the last twenty years, particularly with his technique of deconstruction, and more recently the influence has spread to English-speaking countries, in fields as diverse as literary theory, the study of popular culture, feminist ...

  4. Virtue Ethics and Elitism | Svensson | Philosophical Papers

    African Journals Online (AJOL)

    virtue, according to Aristotle, is something that we acquire gradually, via a developmental process. People are not just stuck with their characters once and for all, but can always aspire to become better (more virtuous). And that is plausibly the basic normative requirement of virtue ethics. Philosophical Papers Vol.

  5. Temporal Parts and Superluminal Motion | Balashov | Philosophical ...

    African Journals Online (AJOL)

    I accept Hudson's conditional but contend that his modus ponens is less plausible than the corresponding modus tollens. Reversed in this way, the argument stemming from the scenario raises the cost of mereological liberalism and advances the case for a principled restriction on diachronic composition. Philosophical ...

  6. Asset management techniques for transformers

    International Nuclear Information System (INIS)

    Abu-Elanien, Ahmed E.B.; Salama, M.M.A.

    2010-01-01

    In a deregulated/reformed environment, the electric utilities are under constant pressure for reducing operating costs, enhancing the reliability of transmission and distribution equipments, and improving quality of power and services to the customer. Moreover, the risk involved in running the system without proper attention to assets integrity in service is quite high. Additionally, the probability of losing any equipment vital to the transmission and distribution system, such as power and distribution transformers, is increasing especially with the aging of power system's assets. Today the focus of operating the power system is changed and efforts are being directed to explore new approaches/techniques of monitoring, diagnosis, condition evaluation, maintenance, life assessment, and possibility of extending the life of existing assets. In this paper, a comprehensive illustration of the transformer asset management activities is presented. The importance of each activity together with the latest researches done in the area is highlighted. (author)

  7. Developing formal asset management plans

    Science.gov (United States)

    2014-06-01

    This report highlights key recommendations and best practices identified at the peer exchange on Transportation Asset Management Plans (TAMP), held on February 5 and 6, 2014, in Columbia, South Carolina. This event was sponsored by the Transportation...

  8. Classification, domains and risk assessment in asset management : A literature study

    NARCIS (Netherlands)

    Khuntia, S.R.; Rueda Torres, José L.; Bouwman, S; van der Meijden, M.A.M.M.; Micu, D.D.; Al-Tai, M.; Ferreira, C.

    2015-01-01

    This paper presents a literature study on asset management in electrical power transmission and distribution system. Due to restructure and deregulation of electric power industry in recent times, the focus has been on transmission and
    distribution assets that include transmission lines,

  9. Asset dynamics in Northern Nigeria:

    OpenAIRE

    Dillon, Andrew; Quiñones, Esteban J.

    2010-01-01

    This paper examines household asset dynamics and gender-differentiated asset inequality over a 20-year period (1988–2008) in northern Nigeria. We show that the initial endowments of both household capital and livestock holdings are inconsistent with the poverty trap hypothesis but that tracking rules for households in panel surveys may lead to differences in empirical results on poverty traps. We also investigate whether initial household endowments contributed to gender-differentiated future...

  10. Commercial Building Energy Asset Rating Program -- Market Research

    Energy Technology Data Exchange (ETDEWEB)

    McCabe, Molly J.; Wang, Na

    2012-04-19

    Under contract to Pacific Northwest National Laboratory, HaydenTanner, LLC conducted an in-depth analysis of the potential market value of a commercial building energy asset rating program for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy. The market research objectives were to: (1) Evaluate market interest and need for a program and tool to offer asset rating and rapidly identify potential energy efficiency measures for the commercial building sector. (2) Identify key input variables and asset rating outputs that would facilitate increased investment in energy efficiency. (3) Assess best practices and lessons learned from existing national and international energy rating programs. (4) Identify core messaging to motivate owners, investors, financiers, and others in the real estate sector to adopt a voluntary asset rating program and, as a consequence, deploy high-performance strategies and technologies across new and existing buildings. (5) Identify leverage factors and incentives that facilitate increased investment in these buildings. To meet these objectives, work consisted of a review of the relevant literature, examination of existing and emergent asset and operational rating systems, interviews with industry stakeholders, and an evaluation of the value implication of an asset label on asset valuation. This report documents the analysis methodology and findings, conclusion, and recommendations. Its intent is to support and inform the DOE Office of Energy Efficiency and Renewable Energy on the market need and potential value impacts of an asset labeling and diagnostic tool to encourage high-performance new buildings and building efficiency retrofit projects.

  11. ICAF Financial Services Industry Study

    National Research Council Canada - National Science Library

    Allison, Douglas; Barry, Kevin; Beaver, Philip; Browne, Michael; Cubillos, Claudio; Hanger, Wallace; Kluchko, Luke; LaDue, Charles; McGhee, Michael; Mitsoff, Gregory

    2005-01-01

    .... The industry includes those firms that provide financial services to organizations or individuals, the government agencies that regulate the industry, and the markets that facilitate the exchange of financial assets...

  12. AUTOMATING ASSET KNOWLEDGE WITH MTCONNECT.

    Science.gov (United States)

    Venkatesh, Sid; Ly, Sidney; Manning, Martin; Michaloski, John; Proctor, Fred

    2016-01-01

    In order to maximize assets, manufacturers should use real-time knowledge garnered from ongoing and continuous collection and evaluation of factory-floor machine status data. In discrete parts manufacturing, factory machine monitoring has been difficult, due primarily to closed, proprietary automation equipment that make integration difficult. Recently, there has been a push in applying the data acquisition concepts of MTConnect to the real-time acquisition of machine status data. MTConnect is an open, free specification aimed at overcoming the "Islands of Automation" dilemma on the shop floor. With automated asset analysis, manufacturers can improve production to become lean, efficient, and effective. The focus of this paper will be on the deployment of MTConnect to collect real-time machine status to automate asset management. In addition, we will leverage the ISO 22400 standard, which defines an asset and quantifies asset performance metrics. In conjunction with these goals, the deployment of MTConnect in a large aerospace manufacturing facility will be studied with emphasis on asset management and understanding the impact of machine Overall Equipment Effectiveness (OEE) on manufacturing.

  13. AUTOMATING ASSET KNOWLEDGE WITH MTCONNECT

    Science.gov (United States)

    Venkatesh, Sid; Ly, Sidney; Manning, Martin; Michaloski, John; Proctor, Fred

    2017-01-01

    In order to maximize assets, manufacturers should use real-time knowledge garnered from ongoing and continuous collection and evaluation of factory-floor machine status data. In discrete parts manufacturing, factory machine monitoring has been difficult, due primarily to closed, proprietary automation equipment that make integration difficult. Recently, there has been a push in applying the data acquisition concepts of MTConnect to the real-time acquisition of machine status data. MTConnect is an open, free specification aimed at overcoming the “Islands of Automation” dilemma on the shop floor. With automated asset analysis, manufacturers can improve production to become lean, efficient, and effective. The focus of this paper will be on the deployment of MTConnect to collect real-time machine status to automate asset management. In addition, we will leverage the ISO 22400 standard, which defines an asset and quantifies asset performance metrics. In conjunction with these goals, the deployment of MTConnect in a large aerospace manufacturing facility will be studied with emphasis on asset management and understanding the impact of machine Overall Equipment Effectiveness (OEE) on manufacturing. PMID:28691121

  14. Asset growth strategy and bank performance in Nigeria | Toby ...

    African Journals Online (AJOL)

    This study examines the nature of the relationship between asset growth rate and growth in such output variables as total cost, total income and net profit In the Nigerian banking industry. Based on the data of 25 quoted Nigerian banks, three linear regression models were estimated complemented by descriptive data ...

  15. Essays on asset pricing

    NARCIS (Netherlands)

    Londono Yarce, J.M.

    2011-01-01

    Finally, the third paper models and explains the dynamics of market betas for 30 US industry portfolios between 1970 and 2009. We use a DCC-MIDAS and kernel regression technique as alternatives to the standard ex-post measures. In this paper, we find betas to exhibit substantial persistence, time

  16. Penerapan Metode Capital Asset Pricing Model (Capm) Sebagai Salah Satu Upaya Untuk Menentukan Kelompok Saham Efisien (Studi Pada Saham Perusahaan Sektor Industri Pengolahan Yang Terdaftar Di Bei Tahun 2009-2012)

    OpenAIRE

    Susanti, Ariska Yuli

    2014-01-01

    This research aims to classify efficient stocks and inefficient stock using the Capital Asset Pricing Model approach (CAPM), it really helps the investors to make the right investment decisions. The object of research is done in the manufacturing sector shares which are listed in the Stock Exchange 2009-2012 . Based on the research result and the analysis that have been done, it can be seen that from the 11 manufacturing company shares which are used as the research sample, there are two comp...

  17. 12 CFR 347.210 - Asset maintenance.

    Science.gov (United States)

    2010-01-01

    ... state or federal examination; (6) Any intangible asset; (7) Any other asset not considered bankable by... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Asset maintenance. 347.210 Section 347.210... INTERNATIONAL BANKING Foreign Banks § 347.210 Asset maintenance. (a) An insured branch of a foreign bank shall...

  18. 24 CFR 990.270 - Asset management.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Asset management. 990.270 Section... THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.270 Asset management. As owners, PHAs have asset management responsibilities that are above and beyond property management activities. These...

  19. DYNAMIC AND STRUCTURAL ANALYSIS OF TANGIBLE ASSETS

    OpenAIRE

    ECOBICI MIHAELA LOREDANA

    2016-01-01

    Any company’s economic activity uses material resources in order to achieve the business objective. These consist of two categories of assets: fixed assets, especially the tangible and current assets and their efficient use and operation are some of the most important conditions for the smooth running of the production of a company. Tangible assets constitute the basic assets that any company can use over a period of 1 year and more and contribute to the production of goods, execu...

  20. ISO 55000: Creating an asset management system.

    Science.gov (United States)

    Bradley, Chris; Main, Kevin

    2015-02-01

    In the October 2014 issue of HEJ, Keith Hamer, group vice-president, Asset Management & Engineering at Sodexo, and marketing director at Asset Wisdom, Kevin Main, argued that the new ISO 55000 standards present facilities managers with an opportunity to create 'a joined-up, whole lifecycle approach' to managing and delivering value from assets. In this article, Kevin Main and Chris Bradley, who runs various asset management projects, examine the process of creating an asset management system.

  1. Efeitos da Aplicação de Valor Justo no Ativo Biológico de uma Empresa do Ramo de Celulose e Papel = The application of biological assets at fair value of a company of pulp and paper industry

    Directory of Open Access Journals (Sweden)

    André Carlos Einsweiller

    2013-12-01

    Full Text Available Este trabalho tem por objetivo apurar os efeitos sofridos por uma empresa do ramo de celulose e papel com a aplicação ou mensuração do valor justo sobre o seu ativo biológico, mais exatamente sobre suas florestas de pinus e eucalipto. Está fundamentado nos preceitos e normas estabelecidos pelo Comitê de Pronunciamentos Contábeis, por meio do CPC 29, para contabilização dos ativos biológicos. O trabalho utiliza a abordagem quantitativa e qualitativa da pesquisa exploratória e descritiva, e os procedimentos do estudo de caso incorporado e da pesquisa documental. Foram considerados neste estudo os exercícios de 2009, 2010 e 2011. Para assegurar a confiabilidade das avaliações do ativo biológico, a empresa estabeleceu premissas de avaliação que atendam a padrões consistentes e isentos. Do montante do ativo biológico no final do exercício de 2011, 28,39% representam custos de formação e 71,61% representam o valor justo apurado. As florestas de pinus próximas à fábrica de papel e celulose têm a maior participação no ativo biológico da empresa. Como efeitos da aplicação do valor justo, os resultados da empresa foram adicionados em R$ 31,7 milhões nos três anos avaliados. O Patrimônio Líquido, o Imposto de Renda e a Contribuição Social sobre os Lucros também foram consideravelmente influenciados pela adoção do valor justo. O efeito do valor justo sobre o ativo biológico da empresa nos três exercícios proporcionou ganhos de 20,1% ao ativo biológico da empresa. This study aims at investigating the effects that a pulp and paper industry has suffered from the application or measuring of the fair value on its biological assets, more precisely in its forests of pine and eucalyptus. It is endorsed by the precepts and rules established by the Accounting Pronouncements Committee, through CPC 29, to accounting biological assets.The paper uses a quantitative and qualitative approach of exploratory and descriptive

  2. Singularity hypotheses a scientific and philosophical assessment

    CERN Document Server

    Moor, James; Søraker, Johnny; Steinhart, Eric

    2012-01-01

    Singularity Hypotheses: A Scientific and Philosophical Assessment offers authoritative, jargon-free essays and critical commentaries on accelerating technological progress and the notion of technological singularity. It focuses on conjectures about the intelligence explosion, transhumanism, and whole brain emulation. Recent years have seen a plethora of forecasts about the profound, disruptive impact that is likely to result from further progress in these areas. Many commentators however doubt the scientific rigor of these forecasts, rejecting them as speculative and unfounded. We therefore invited prominent computer scientists, physicists, philosophers, biologists, economists and other thinkers to assess the singularity hypotheses. Their contributions go beyond speculation, providing deep insights into the main issues and a balanced picture of the debate.

  3. Shirakatsi Astronomical and Natural Philosophical Views

    Science.gov (United States)

    Mkrtchyan, Lilit

    2016-12-01

    Our work is aimed at presenting Shirakatsi astronomical and natural philosophical views. Karl Anania Shirakatsi is classified as one of the world-class intellectual geniuses. He was endowed with exceptional talent and analyzing scientific understanding of natural phenomena. He refers his philosophical works to almost all fields of science, cosmography, mathematics, calendarology, historiography, etc. Shirakatsy's earnings of natural science and natural philosophy in medieval is too big He was the first prominent scholar and thinker of his time, creating a unique, comprehensive gitapilisopayakan system that still feeds the human mind. The scientific value of Shirakatsi has great importance not only for Armenians but also for the whole world of science, history, culture and philosophy. Shirakatsi can be considered not only national but also universal greatness.

  4. Challenges in reading the Greek philosophers

    Directory of Open Access Journals (Sweden)

    Behnaz Aghili Dehkordi

    2017-08-01

    Full Text Available Although Presocratics in 600 B.C founded new research ways in science and philosophy, wrote the first scientific essays, introduced basic conceptions of deduction, and abandoned mythological explanations, all we have of their works is but the fragments in the works of further doxographers, biographers, historians or philosophers who brought their statements between their own words. This would sometimes result in misunderstanding the presocratics’ purposes. Hermann Diels in his Doxographi Graeci raised a new method for dealing with doxography tradition. Diels’ new approach to doxography returned all this tradition to Aristotle’s pupil, Theophrastus. Some scholars like Jaap Mansfield criticized his disregard for the sophists like Gorgias and Hippias, and the successions of philosophers. According to his criticism, some matters like the Sophists’ influence on Plato, Aristotle’s definition of Doxa in the Placita and the influence of the succession and interpretation tradition on doxogtaphy are more noteworthy than Diels has thought.

  5. Naming Being - or the Philosophical Content of Heidegger's National Socialism

    NARCIS (Netherlands)

    Blok, V.

    2012-01-01

    This contribution discusses the philosophical meaning of the Martin Heidegger’s Rectoral address. First of all, Heidegger’s philosophical basic experience is sketched as the background of his Rectoral address; the being-historical concept of “Anfang”. Then, the philosophical question of the Rectoral

  6. Philosophical Issues in Psychiatry II: Nosology

    DEFF Research Database (Denmark)

    Parnas, Josef Stefan Stanislaw; Kendler, Kenneth S.

    by the editors and is followed by a commentary, resulting in a dynamic discussion about the nature of psychiatric disorders. This book will be valuable for psychiatrists, psychologists and other mental health trainees and professionals with an interest in the questions and problems of psychiatric diagnosis......, as well as philosophers and philosophy students interested in the problems posed by psychiatry, particularly those working in the philosophy of science....

  7. Philosophical Issues in Psychiatry II: Nosology

    DEFF Research Database (Denmark)

    Parnas, Josef Stefan Stanislaw; Kendler, Kenneth S.

    2012-01-01

    Psychiatric and psychological practice and research is critically dependent on diagnosis. Yet the nature of psychiatric diagnosis and the rules by which disorders should be created and organized have been highly controversial for over 100 years. Unlike simple medical disorders (like infectious di......, as well as philosophers and philosophy students interested in the problems posed by psychiatry, particularly those working in the philosophy of science....

  8. Philosophical Issues in Psychiatry II: Nosology

    DEFF Research Database (Denmark)

    Parnas, Josef Stefan Stanislaw; Kendler, Kenneth S.

    Psychiatric and psychological practice and research is critically dependent on diagnosis. Yet the nature of psychiatric diagnosis and the rules by which disorders should be created and organized have been highly controversial for over 100 years. Unlike simple medical disorders (like infectious di......, as well as philosophers and philosophy students interested in the problems posed by psychiatry, particularly those working in the philosophy of science....

  9. A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    J.L. Jooste

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: There has been an emphasis shift from maintenance management towards asset management, where the focus is on reliable and operational equipment and on effective assets at optimum life-cycle costs. A challenge in the manufacturing industry is to develop an asset performance management model that is integrated with business processes and strategies. The authors developed the APM2 model to satisfy that requirement. The model has a generic reference structure and is supported by operational protocols to assist in operations management. It facilitates performance measurement, business integration and continuous improvement, whilst exposing industry to the latest developments in asset performance management.

    AFRIKAANSE OPSOMMING: Daar is ‘n klemverskuiwing vanaf onderhoudsbestuur na batebestuur, waar daar gefokus word op betroubare en operasionele toerusting, asook effektiewe bates teen optimum lewensikluskoste. ‘n Uitdaging in die vervaardigingsindustrie is die ontwikkeling van ‘n prestasiemodel vir bates, wat geïntegreer is met besigheidsprosesse en –strategieë. Die outeurs het die APM2 model ontwikkel om in hierdie behoefte te voorsien. Die model het ‘n generiese verwysingsstruktuur, wat ondersteun word deur operasionele instruksies wat operasionele bestuur bevorder. Dit fasiliteer prestasiebestuur, besigheidsintegrasie en voortdurende verbetering, terwyl dit die industrie ook blootstel aan die nuutste ontwikkelinge in prestasiebestuur van bates.

  10. EDUCATION FOR SUSTAINABLE DEVELOPMENT: PHILOSOPHICAL ASPECT

    Directory of Open Access Journals (Sweden)

    K. M. Alilova

    2016-01-01

    Full Text Available Aim. The aim is to consider the relationship of philosophy and education; the article also reviews the Education for Sustainable Development (ESD, a global model for a special educational activity. We also discuss the features of the philosophical approach to the issue of sustainable development. Discussion. In research, we use the method of socio-natural approach, a new educational paradigm that combines the theory and concept of training and education within the anthropocentric approach based on humanistic philosophical ideas which laid the basis for understanding the person as the subject of life, history and culture. We analyzed environmental and educational aspects of sustainable development in the current context. In order to address these challenges, philosophy produces new concepts, theories and paradigms. It is necessary to work on people's motivation and values, develop their cooperation skills, teach civic engagement and democratic by action rather than words. Only a highly educated society can generate environmental paradigm and implement the strategy of sustainable development. Conclusions. We recommend transferring research outcomes into practice in schools starting with elementary school, as well as in vocational schools and universities. Clarifying the essence of the concept of education for sustainable development is possible through philosophical understanding of its genesis and ideas.

  11. Basic philosophical texts in Medieval Serbia

    Directory of Open Access Journals (Sweden)

    Milosavljević Boris

    2008-01-01

    Full Text Available Medieval Serbian philosophy took shape mostly through the process of translating Byzantine texts and revising the Slavic translations. Apart from the Aristotelian terminological tradition, introduced via the translation of Damascene’s Dialectic, there also was, under the influence of the Corpus Areopagiticum and ascetic literature, notably of John Climacus’ Ladder, another strain of thought originating from Christian Platonism. Damascene’s philosophical chapters, or Dialectic, translated into medieval Serbian in the third quarter of the fourteenth century, not only shows the high standards of translation technique developed in Serbian monastic scriptoria, but testifies to a highly educated readership interested in such a complex theologico-philosophical text with its nuanced terminology. A new theological debate about the impossibility of knowing God led to Gregory Palamas’ complex text, The Exposition of the Orthodox Faith. Philosophical texts were frequently copied and much worked on in medieval Serbia, but it is difficult to infer about the actual scope of their influence on the formation and articulation of the worldview of medieval society. As a result of their demanding theoretical complexity, the study of philosophy was restricted to quite narrow monastic, court and urban circles. However, the strongest aspect of the influence of Byzantine thought on medieval society was the liturgy as the central social event of the community. It was through the liturgy that the wording of the translated texts influenced the life of medieval Serbian society.

  12. Fighting corruption – a philosophical approach

    Directory of Open Access Journals (Sweden)

    Schalk W. Vorster

    2013-07-01

    Full Text Available Corruption has reached astounding proportions in South Africa. The purpose of this article is to contribute to philosophical approaches aimed at combating corruption. In considering punishment for acts of corruption the most common approach is based on the philosophical theory of consequentialism, which allows only consideration of the consequences of corrupt acts. Ideally, cognisance should be taken of the norms in question, especially those norms demanding the judicious execution of obligations. It was, however, found that the Kantian categorical imperative presupposes an ideal rational society. The imperative has to be ‘softened’ by also allowing for enquiry about the corruptor’s personal circumstances, in the light of Christ’s love commandment. This article highlights the most prominent attributes of two important philosophical theories applicable to the study of corruption, namely utilitarianism (a variant of consequentialism and deontology. It is argued that qualified deontological and utilitistic approaches hold the best promise to curb corruption in the long run. The conclusion is that the state will urgently have to attend to the social context by revitalising programmes of ‘social renewal’, based on effective application of the law, the provision of adequate education and the eradication of poverty. There is also an urgent need for the ‘moral renewal’ of the entire population, focused on Christian values, operationalised within the context of the South Africa of today. Herein lies a massive task for the church.

  13. Social-philosophical practices of success

    Directory of Open Access Journals (Sweden)

    S. R. Karpenko

    2017-01-01

    Is social-philosophical experts of success represent the complicated system of various world outlook, speech, mental factors and events in life of the various professional, age and subcultural bunches producing assessments under different visual angles, from positions of various social installations and identity in what the social philosophy of success expresses. In the course of forming social an expert (both in daily, and in an institutional discourse are shaped also theoretical ideas success: instrumental, is social-philosophical, is social-psychological, world outlook, historical and cultural, etc., characterising thereby various systems of a social discourse. Examination is social-philosophical the success expert shows the real complexity and ambiguity of the given appearance. Besides the presented typology constructed as the most approximate abstract plan, in each separate case probably build-up of typological models according to a principle ad hoc. It looks quite justified, considering that circumstance that representations about success and the successful person are constantly transformed and acquire new performances. Efficiency of the further examinations of a discourse and a success expert will depend on accepting of new heuristic approaches, capable to consider multidimensionality and ambiguity of the given phenomenon.

  14. Philosophical analysis of models of engineering education in Russia

    Directory of Open Access Journals (Sweden)

    Fadeeva V. N.

    2016-01-01

    Full Text Available This article defines the principles of the philosophical approach to the problems of engineering education. Ontological, epistemological and axiological components of the proposed approach are distinguished. Assessment criteria of engineering education models are specified. Basing on the presented principles and criteria, the analysis of Russian engineering education models is performed. The authors distinguish the following models: classical (tsarism, soviet transitional, soviet industrial, physicotechnical model, soviet mass (reproductive and Russian transitional models. In addition among developing models it is possible to recognize the following ones: methodological (creative and outrunning (advanced models. On the basis of the performed analysis, positive and negative aspects of the distinguished models are determined, and, it is possible to make a conclusion that every accomplished model emergence was reasoned by particular issues raised in the state at the particular period of time. The talking point of the necessity to design a proactive model of engineering education is formulated.

  15. ASSET guidelines. Revised 1991 Edition

    International Nuclear Information System (INIS)

    1991-12-01

    The present publication is an updated version of the IAEA Assessment of Safety Significant Events Team (ASSET) Guidelines, IAEA-TECDOC-573, published in 1990. Sections 5 and 6 include revised definitions and investigation guidelines for identification of both direct and root causes. These revisions were recommended by a Consultants Meeting held in Vienna on 3-7 December 1990. This guidance is not intended to infringe an expert's prerogative to investigate additional items. Its main purpose is to provide a basic structure and ensure consistency in the assessments. Use of the ASSET guidelines should also facilitate comparison between the observations made in different nuclear power plants and harmonize the reporting of generic ASSET results. The guidelines should always be used with a critical attitude and a view to possible improvements

  16. ASSETS STRUCTURE AT CREDIT UNIONS

    Directory of Open Access Journals (Sweden)

    Tiplea Augustin

    2011-12-01

    Full Text Available Balance is a static tool for assessing the entity's position, profit and loss on one hand and cash flow statement on the other hand. These are dynamic situations on one hand showing the effectiveness or ineffectiveness of the total consumption of resources ( profit and loss and on the other hand entity's business viability (by cash flows. As reflection of financial position, the balance, established at the end of the reporting period (called a financial year, describes separately items of assets, liabilities and equity of the company. Assets are resources controlled by the enterprise as a result of past events and from which is expected to generate future economic benefits for the enterprise. The economic benefits correspond to a production potential, a possibility for conversion into cash or a reduction in output capacity of funds (cost reduction that an asset contributes, directly or indirectly to a company-specific cash flow.

  17. RFID Application of Smart Grid for Asset Management

    Directory of Open Access Journals (Sweden)

    Xiwei Wang

    2013-01-01

    Full Text Available RFID technology research has resolved practical application issues of the power industry such as assets management, working environment control, and vehicle networking. Also it provides technical reserves for the convergence of ERP and CPS. With the development of RFID and location-based services technology, RFID is converging with a variety of sensing, communication, and information technologies. Indoor positioning applications are under rapid development. Micromanagement environment of the assets is a useful practice for the RFID and positioning. In this paper, the model for RFID applications has been analyzed in the microenvironment management of the data center and electric vehicle batteries, and the optimization scheme of enterprise asset management is also proposed.

  18. 2014 World Congress on Engineering Asset Management

    CERN Document Server

    Hoohlo, Changela; Mathew, Joe

    2015-01-01

    Engineering asset management encompasses all types of engineered assets including built environment, infrastructure, plant, equipment, hardware systems and components. Following the release of ISO 5500x set of standards, the 9th WCEAM addresses the hugely important issue of what constitutes the body of knowledge in Engineering Asset Management. Topics discussed by Congress delegates are grouped into a number of tracks including strategies for investment and divestment of assets, operations and maintenance of assets, assessments of assets condition, risk and vulnerability, technologies and systems for management of asset, standards, education, training and certification. These proceedings include a sample of the wide range of topics presented during the 9th World Congress on Engineering Asset Management in Pretoria South Africa 28 – 31 October, 2014 and complements other emerging publications and standards that embrace the wide ranging issues concerning the management of engineered physical assets.

  19. Saving-Based Asset Pricing

    DEFF Research Database (Denmark)

    Dreyer, Johannes Kabderian; Schneider, Johannes; T. Smith, William

    2013-01-01

    This paper explores the implications of a novel class of preferences for the behavior of asset prices. Following a suggestion by Marshall (1920), we entertain the possibility that people derive utility not only from consumption, but also from the very act of saving. These ‘‘saving-based’’ prefere......This paper explores the implications of a novel class of preferences for the behavior of asset prices. Following a suggestion by Marshall (1920), we entertain the possibility that people derive utility not only from consumption, but also from the very act of saving. These ‘‘saving...

  20. Asset Growth, Asset Distribution and Changes in Multidimensional ...

    African Journals Online (AJOL)

    ... less effective if such growth took place mainly among the non-poor. Thus, an optimal mix of policies that would encourage asset acquisition, as well as its spatial distribution would be more effective in terms of poverty reduction. Keywords: Growth, redistribution, fuzzy set theory, Shapley-value decomposition, Cameroon ...

  1. Comprehensive transportation asset management : making a business case and prioritizing assets for inclusion in formal asset management programs.

    Science.gov (United States)

    2011-12-01

    Several agencies are applying asset management principles as a business tool and paradigm to help them define goals and prioritize agency resources in decision making. Previously, transportation asset management (TAM) has focused more on big ticke...

  2. Labor Unions and Asset Prices

    DEFF Research Database (Denmark)

    Busato, Francesco; Addessi, William

    The paper investigates the nexus between labor and financial markets, focusing on the interaction between labor union behavior in setting wages, firms' investment strategy and asset prices. The way unions set wage claims after observing firm's financial performance increases the volatility of firms...

  3. Strategic Asset Seeking by EMNEs

    DEFF Research Database (Denmark)

    Petersen, Bent; Seifert, Jr., Rene E.

    2014-01-01

    Purpose: The chapter provides an economic explanation and perspectivation of strategic asset seeking of multinational enterprises from emerging economies (EMNEs) as a prominent feature of today’s global economy. Approach: The authors apply and extend the “springboard perspective.” This perspective...

  4. Investor Flows to Asset Managers

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Musto, David K.; Wermers, Russ

    2014-01-01

    Cash flows between investors and funds are both cause and effect in a complex web of economic decisions. Among the issues at stake are the prospects and fees of the funds, the efforts and risk choices by the funds' managers, the pricing and comovement of the assets they trade, the stability...

  5. Intangible assets for intangible deliverables

    DEFF Research Database (Denmark)

    Elsmore, Matthew J.

    2008-01-01

    As the dominant economic business model in Europe, services are important when we consider intangible assets. This article argues a case for some kind of 'special relationship' between service firms and trade marks-specifically bearing in mind the CTM system and new EU services law. On the question...

  6. Life Assets in Teenage Pregnancy

    Directory of Open Access Journals (Sweden)

    Thatsanee Soontrapirom

    2017-05-01

    Full Text Available Background: Teenage pregnancy is an evolving global public health problem. Level of life assets could predict behaviors and take effect to less sexual risk behaviors in teenagers. Objective: To compare life assets between pregnant and non-pregnant teenagers and to evaluate the relationship between basic factors and teenage pregnancy. Methods: A total of 172 female teenagers aged 12-19 years were included. The control group was matched with the case group by age with mean age of 17.07 years old. The case group consisted of 86 pregnant teenagers who attended the Teenage Antenatal Care Unit at Siriraj Hospital. The control group consisted of 86 teenagers who were not pregnant and who had never been pregnant. The research instruments were general information and life assets inventory questionnaires developed by Suriyadeo Tripathi with Cronbach’s Alpha coefficient at 0.890. Results: Mean life assets scores were significantly higher in the control group than in the case group (T-test analysis: Mean = 94.70/87.65, SD = 17.45/22.68, p-value =.024, respectively. The control group scored more favorably than the case group on 16 items. In addition, the case group could not meet the minimum assessment criteria on 21 items, which indicated their status as an at risk group. A total of 12 factors were found to be statistically significantly associated with teenage pregnancy. Conclusion: Overall life assets were significantly higher among teenagers who had not experienced pregnancy. The risk factors included level of education, GPA, family income, mothers or family members of teenagers having experience of teenage pregnancy, main guardians, father education, mother occupation, parental relationship, family warmth and smoking were found to be significantly associated with risk of teenage pregnancy in this study. These results will help to facilitate preventive interventions and the development of policies and guidelines to control and perhaps reverse current

  7. Philosophical, logical and scientific perspectives in engineering

    CERN Document Server

    Sen, Zekâi

    2013-01-01

    This book highlights and explains the significance of philosophical, logical, and scientific principles for engineering education/training and engineering works. In so doing, it aims to help to rectify the neglect of philosophy and logic in current education and training programs, which emphasize analytical and numerical methods at the expense of the innovative practical and creative abilities so important for engineering in the past. Individual chapters examine the relation of philosophy, logic, and science to engineering, drawing attention to, for example, the significance of ethics, the rel

  8. The quantum Hall effects: Philosophical approach

    Science.gov (United States)

    Lederer, P.

    2015-05-01

    The Quantum Hall Effects offer a rich variety of theoretical and experimental advances. They provide interesting insights on such topics as gauge invariance, strong interactions in Condensed Matter physics, emergence of new paradigms. This paper focuses on some related philosophical questions. Various brands of positivism or agnosticism are confronted with the physics of the Quantum Hall Effects. Hacking's views on Scientific Realism, Chalmers' on Non-Figurative Realism are discussed. It is argued that the difficulties with those versions of realism may be resolved within a dialectical materialist approach. The latter is argued to provide a rational approach to the phenomena, theory and ontology of the Quantum Hall Effects.

  9. C. F. v. Weizsaecker. Physicist, philosopher, visionary

    International Nuclear Information System (INIS)

    Goernitz, Thomas

    2012-01-01

    The 20th century with its political, social, and scientific aspects bundles itself in the life of Carl Friedrich v. Weizsaecker. As comprehensive thinker of the presence he led natural science, philosophy, and spirituality to a unity. In the public the grandson of last in Germany enobled minster and brother of the senior federal president achieved by his engagement for peace and disarmament a global effect. Competently and understandably his visionary and prospective physical ideas and his philosophical considerations are explained by his long standing coworker and close confident.

  10. Radiation protection: Some philosophical and ethical issues

    International Nuclear Information System (INIS)

    Sia, Santiago; Chhem, Rethy K.; Czarwinski, Renate

    2010-01-01

    The ethical issue of justification has become an urgent issue in radiology. There has been a shift in emphasis in the discussion from what has been regarded as a rather paternalistic attitude of practitioners to one that stresses the rights of the individual patient. This article comments on this current move on the part of the profession by offering certain relevant philosophical considerations. Using a medical scenario as the context to comment on this shift, it discusses important and fundamental issues, such as the autonomy and the rights of the patient in addition to the question of consent on the patient's part.

  11. The Talmudic philosophical conception of business ethics

    Directory of Open Access Journals (Sweden)

    Alexander Maune

    2015-11-01

    Full Text Available The Talmud is considered to be one of the cornerstones of Judaism, Jewish business ethics and Jewish wisdom for business success. The Talmud has been the guide and main nerve center of the Jewish people. This article examines the philosophical conception of business ethics from a Talmudic perspective. The article used a conceptual approach as well as a review of related literature. It was found out that the road of the Talmud led not to philosophy and theology but to ethics, law and justice; it pursued not the abstract but the concrete. This article has therefore business and academic value.

  12. Current approaches to assessing intangible assets

    OpenAIRE

    Урусова, Зінаїда Петрівна

    2013-01-01

    The article analyzes methods of assessing intangible assets in Ukraine as well as in accordance with International Financial Reporting Standards. Contemporary approaches to assessing intangible assets have been researched.

  13. Asset management inventory and data collection.

    Science.gov (United States)

    2009-10-01

    An efficient and accurate inventory of a state highway agencys assets, along with the means to assess the condition : of those assets and model their performance, is critical to enabling an agency to make informed investment decisions : in a Trans...

  14. Problems of intangible assets commercialization accounting

    Directory of Open Access Journals (Sweden)

    S.F. Legenchyk

    2016-03-01

    Full Text Available The growing role of intangible assets in conditions of global economy postindustrialization is grounded. The problems of intangible assets accounting are singled out. The basic tasks of the intangible assets accounting commercialization process are determined. The difference between the commercialization of intellectual property and intangible assets is considered. The basic approaches to understanding the essence of the intangible assets commercialization are singled out and grounded. The basic forms and methods of intangible assets commercialization researched by the author are analyzed. The order of accounting reflection of licensee royalties is considered. The factors of influence on the accounting process of intangible assets commercialization are determined. The necessity of solving the problem of accounting of lease payments for computer program by providing access to SaaS environment is grounded. The prospects of further studies of intangible assets accounting commercialization are determined.

  15. Asset Management Guidebook for Safety and Operations

    Science.gov (United States)

    2012-09-01

    A primary product of this research was the Asset Management Guidebook that TxDOT division and district : personnel can use to help them define, develop, and implement asset management across all levels : particularly as it relates to establishing ...

  16. Impairment testing of assets according to IFRS

    OpenAIRE

    Procházka, Michal

    2014-01-01

    The main object of this thesis is to show measurement of assets and its changes under International Financial Reporting Standards with closer focus on impairment testing according to IAS 36 - Impairment of Assets. The first part of the thesis introduces definition of assets and possible measurement bases used at first time recognition and reporting date. The main part deals with impairment testing of individual assets and cash-generating units. There is described when the impairment testing m...

  17. CONTRADICTORY ASPECTS ASSESSMENT ON INTANGIBLE ASSETS

    OpenAIRE

    Ecaterina Necşulescu

    2011-01-01

    In Romania, the evaluation of intangible assets is rarely used due to extremely poor casuistry. From a sample of 100 companies we analyzed, only 4.5% revealed the existence of intangible assets worth less than 3% of total assets and none of the companies has not reviewed the assets. In crisis conditions, the study concludes that companies value decreases (bad will), and while economic growth increases the value of companies (good will). An effective leadership in the crisis assessment may be ...

  18. [Neuroethics and Human Vulnerability in Philosophical Perspective].

    Science.gov (United States)

    Marcos, Alfredo

    2015-01-01

    This article tries to assess the potentials and limits of neuroethics. It argues that neuroscience and ethics should collaborate each other with mutual respect and preservation of their respective identities, scientific in the first case and philosophical in the second one ( neuroethics as cooperation). The text develops also a criticism in front of any attempt to replace the philosophical ethics by the neurosciences ( neuroethics as substitution). Consequently, the most appropriate ontological and anthropological foundations are explored to develop a cooperative neuroethics. These foundations refer to the Aristotelian hylomorphic conception of the substances. On such foundations it is possible to develop a collaborative neuroethics which includes two aspects: on the one hand, we have an ethics of neuroscience and, on the other one, a neuroscience of ethics. The first one shows us how to conduct neuroscience while preserving human dignity. The second one teaches us about the neurobiological basis of our moral agency. These bases enable our moral behavior without determining it. By studying them our vulnerability as moral agents emerges as evidence. This vulnerability, which is rooted in the very human nature, must be, as it is argued along the last pages of the text, recognized as well as mitigated.

  19. THE PRINCIPLES OF LAW. PHILOSOPHICAL APPROACH

    Directory of Open Access Journals (Sweden)

    MARIUS ANDREESCU

    2013-05-01

    Full Text Available Any scientific intercession that has as objective, the understanding of the significances of the “principle of law” needs to have an interdisciplinary character, the basis for the approach being the philosophy of the law. In this study we fulfill such an analysis with the purpose to underline the multiple theoretical significances due to this concept, but also the relationship between the juridical principles and norms, respectively the normative value of the principle of the law. Thus are being materialized extensive references to the philosophical and juridical doctrine in the matter. This study is a pleading to refer to the principles, in the work for the law’s creation and applying. Starting with the difference between “given” and ‘constructed” we propose the distinction between the “metaphysical principles” outside the law, which by their contents have philosophical significances, and the “constructed principles” elaborated inside the law. We emphasize the obligation of the law maker, but also of the expert to refer to the principles in the work of legislation, interpretation and applying of the law. Arguments are brought for the updating, in certain limits, the justice – naturalistic concepts in the law.

  20. Conjoined Twins: Philosophical Problems and Ethical Challenges.

    Science.gov (United States)

    Savulescu, Julian; Persson, Ingmar

    2016-02-01

    We examine the philosophical and ethical issues associated with conjoined twins and their surgical separation. In cases in which there is an extensive sharing of organs, but nevertheless two distinguishable functioning brains, there are a number of philosophical and ethical challenges. This is because such conjoined twins: 1. give rise to puzzles concerning our identity, about whether we are identical to something psychological or biological; 2. force us to decide whether what matters from an ethical point of view is the biological life of our organisms or the existence of our consciousness or mind; 3. raise questions concerning when, if ever, it is morally acceptable to sacrifice one of us to save another; 4. force us to reflect on the conditions for ownership of organs and the justification of removal of organs for transplantation which causes the death of the donor; 5. raise questions about who should take decisions about life-risking treatments when this cannot be decided by patients themselves. We examine and suggest answers to these questions. © The Author 2015. Published by Oxford University Press, on behalf of the Journal of Medicine and Philosophy Inc. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

  1. A Philosophical Treatise of Universal Induction

    Directory of Open Access Journals (Sweden)

    Samuel Rathmanner

    2011-06-01

    Full Text Available Understanding inductive reasoning is a problem that has engaged mankind for thousands of years. This problem is relevant to a wide range of fields and is integral to the philosophy of science. It has been tackled by many great minds ranging from philosophers to scientists to mathematicians, and more recently computer scientists. In this article we argue the case for Solomonoff Induction, a formal inductive framework which combines algorithmic information theory with the Bayesian framework. Although it achieves excellent theoretical results and is based on solid philosophical foundations, the requisite technical knowledge necessary for understanding this framework has caused it to remain largely unknown and unappreciated in the wider scientific community. The main contribution of this article is to convey Solomonoff induction and its related concepts in a generally accessible form with the aim of bridging this current technical gap. In the process we examine the major historical contributions that have led to the formulation of Solomonoff Induction as well as criticisms of Solomonoff and induction in general. In particular we examine how Solomonoff induction addresses many issues that have plagued other inductive systems, such as the black ravens paradox and the confirmation problem, and compare this approach with other recent approaches.

  2. Theories of Social Media: Philosophical Foundations

    Directory of Open Access Journals (Sweden)

    Jiayin Qi

    2018-02-01

    Full Text Available Although many different views of social media coexist in the field of information systems (IS, such theories are usually not introduced in a consistent framework based on philosophical foundations. This paper introduces the dimensions of lifeworld and consideration of others. The concept of lifeworld includes Descartes’ rationality and Heidegger’s historicity, and consideration of others is based on instrumentalism and Heidegger’s “being-with.” These philosophical foundations elaborate a framework where different archetypal theories applied to social media may be compared: Goffman’s presentation of self, Bourdieu’s social capital, Sartre’s existential project, and Heidegger’s “shared-world.” While Goffman has become a frequent reference in social media, the three other references are innovative in IS research. The concepts of these four theories of social media are compared with empirical findings in IS literature. While some of these concepts match the empirical findings, some other concepts have not yet been investigated in the use of social media, suggesting future research directions. Keywords: Social media, Lifeworld, Consideration of others, Rationality, Historicity, Instrumentalism, Being-with, Presentation of self

  3. How to transform economics? A philosophical appraisal

    Directory of Open Access Journals (Sweden)

    Deniz Kellecioglu

    2017-11-01

    Full Text Available Ten years after the global financial crisis there is hardly any evidence that the theories, teaching and policies of mainstream economics have changed. This paper is an attempt to contribute to the greater understanding of this persistence, but also to the discussion on what the requirements are to materialise a transformation in economics, given the dismal outcomes in the world economy. The analytical approach of the paper is to utilise relevant philosophical accounts that point out attributes of dominant discourses, and methodological requirements to supersede an already dominant discourse. The objective is to contribute to an improved understanding of factors that obstruct or construct transformations in a knowledge field such as economics; and thereby contribute to transformation efforts, preferably for a more pluralist and emancipatory economics. Given the complexities and the tensions between different philosophical positions, the conclusions of this appraisal are summarised into five criteria that appear essential to realise a successful transformation in economics: critical juncture; dissimilarity; scholar validation; sensibility; and external power. It is suggested to revise efforts to fulfil these criteria as much, and as soon as possible, given the importance and urgency of changing the trajectory of our economies and societies.

  4. The Philosophical Problem of “Existence”

    Directory of Open Access Journals (Sweden)

    Leonid Djakhaia

    2016-02-01

    Full Text Available Historically known for three major types of philosophy, that developed in parallel in every hu- man civilization, and therefore do not exclude each other, and in accordance with the principle of subsidiarity only complement each other in many different respects: scientific philosophy, anthro- pology and religious philosophy. The more we come to know and deeply immense world around us, the more clearly and insistently arises the main philosophical question: why something exists? After all, it would be easier if there was nothing at all, including the people asking this tricky question. Nevertheless, the world still exists (according to the “anthropic principle”, but, I ask, why? It does not matter, the existence of which there is a speech: the “matter”, “God”, “absolute spirit” or some- thing completely different. That search for an answer to this question (why should something there? Is the true purpose of philosophy, if at all, the problem is solvable (in the sense of Kant’s “metaphys- ics”. And then there is a special philosophical category “existence”, which requires a special study.

  5. Assets and Educational Achievement: Theory and Evidence

    Science.gov (United States)

    Elliott, William; Sherraden, Michael

    2013-01-01

    This special issue of Economics of Education Review explores the role of savings and asset holding in post-secondary educational achievement. Most college success research has focused on income rather than assets as a predictor, and most college financing policy has focused on tuition support and educational debt, rather than asset accumulation.…

  6. Intelligent tactical asset allocation support system

    NARCIS (Netherlands)

    Hiemstra, Y.

    1995-01-01

    This paper presents an advanced support system for Tactical Asset Allocation. Asset allocation explains over 90% of portfolio performance (Brinson, Hood and Beebower, 1988). Tactical asset allocation adjusts a strategic portfolio on the basis of short term market outlooks. The system includes

  7. Defining ecosystem assets for natural capital accounting

    NARCIS (Netherlands)

    Hein, Lars; Bagstad, Ken; Edens, Bram; Obst, Carl; Jong, de Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present

  8. 12 CFR 560.160 - Asset classification.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Asset classification. 560.160 Section 560.160... Lending and Investment Provisions Applicable to all Savings Associations § 560.160 Asset classification... consistent with, or reconcilable to, the asset classification system used by OTS in its Thrift Activities...

  9. Community Asset Mapping. Trends and Issues Alert.

    Science.gov (United States)

    Kerka, Sandra

    Asset mapping involves documenting tangible and intangible resources of a community viewed as a place with assets to be preserved and enhanced, not deficits to be remedied. Kretzmann and McKnight (1993) are credited with developing the concept of asset-based community development (ABCD) that draws on appreciative inquiry; recognition of social…

  10. Approaches of Improving University Assets Management Efficiency

    Science.gov (United States)

    Wang, Jingliang

    2015-01-01

    University assets management, as an important content of modern university management, is generally confronted with the issue of low efficiency. Currently, to address the problems exposed in university assets management and take appropriate modification measures is an urgent issue in front of Chinese university assets management sectors. In this…

  11. Applying Statement 34's Capital Asset Requirements.

    Science.gov (United States)

    Finden, Randal

    2001-01-01

    Discusses common issues and offers recommendations related to revisions in Governmental Accounting Standards Board Statement 34 wherein the financial reporting of the general fixed-assets account group is eliminated and instead a school district's general capital assets are reported and depreciated on the new statement of net assets and statement…

  12. Experience with the ASSET service in Slovakia

    International Nuclear Information System (INIS)

    Misak, J.

    1996-01-01

    The experience with the ASSET service in Slovakia is described, including the following: ASSET follow-up mission to Bohunice Unit 1-2 NPP; IAEA peer review of the national Incident Reporting System in the Slovak Republic; ASSET seminar on prevention of incidents, Bratislava, January 8-12, 1996

  13. Technology for national asset storage systems

    Science.gov (United States)

    Coyne, Robert A.; Hulen, Harry; Watson, Richard

    1993-01-01

    An industry-led collaborative project, called the National Storage Laboratory, was organized to investigate technology for storage systems that will be the future repositories for our national information assets. Industry participants are IBM Federal Systems Company, Ampex Recording Systems Corporation, General Atomics DISCOS Division, IBM ADSTAR, Maximum Strategy Corporation, Network Systems Corporation, and Zitel Corporation. Industry members of the collaborative project are funding their own participation. Lawrence Livermore National Laboratory through its National Energy Research Supercomputer Center (NERSC) will participate in the project as the operational site and the provider of applications. The expected result is an evaluation of a high performance storage architecture assembled from commercially available hardware and software, with some software enhancements to meet the project's goals. It is anticipated that the integrated testbed system will represent a significant advance in the technology for distributed storage systems capable of handling gigabyte class files at gigabit-per-second data rates. The National Storage Laboratory was officially launched on 27 May 1992.

  14. Cost approach of health care entity intangible asset valuation.

    Science.gov (United States)

    Reilly, Robert F

    2012-01-01

    degree of marketability; and The degree of variation in the range of value indications. Valuation analysts value health care intangible assets for a number of reasons. In addition to regulatory compliance reasons, these reasons include various transaction, taxation, financing, litigation, accounting, bankruptcy, and planning purposes. The valuation analyst should consider all generally accepted intangible asset valuation approaches, methods, and procedures. Many valuation analysts are more familiar with market approach and income approach valuation methods. However, there are numerous instances when cost approach valuation methods are also applicable to the health care intangible asset valuation. This discussion summarized the analyst's procedures and considerations with regard to the cost approach. The cost approach is often applicable to the valuation of intangible assets in the health care industry. However, the cost approach is only applicable if the valuation analyst (1) appropriately considers all of the cost components and (2) appropriately identifies and quantifies all obsolescence allowances. Regardless of the health care intangible asset or the reason for the valuation, the analyst should be familiar with all generally accepted valuation approaches and methods. And, the valuation analyst should have a clear, convincing, and cogent rationale for (1) accepting each approach and method applied and (2) rejecting each approach and method not applied. That way, the valuation analyst will best achieve the purpose and objective of the health care intangible asset valuation.

  15. Asset Management The State of the Art in Europe from a Life Cycle Perspective

    CERN Document Server

    Herder, Paulien; Wijnia, Ype

    2012-01-01

    In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design.   This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter  focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective.

  16. Capital structure and the redeployability of tangible assets

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2011-01-01

    We characterize the relation between corporate asset structure and capital structure by exploitingvariation in the salability of tangible assets. Theory suggests that tangibility increases borrowingcapacity because it allows creditors to more easily repossess a firm’s assets. Tangible assets,

  17. Capital structure and the redeployability of tangible assets

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2010-01-01

    We characterize the relation between corporate asset structure and capital structure by exploiting variation in the salability of tangible assets. Theory suggests that tangibility increases borrowing capacity because it allows creditors to more easily repossess a firm's assets. Tangible assets,

  18. Essence of assets and their circulation in the enterprise

    OpenAIRE

    Safonova N.; Blazhevich O.

    2017-01-01

    The article examines the essence of the company’s assets, concretized the concept of non-current and current assets. The scheme of the circuit the company's assets, given the comparative characteristic of non-current and current assets.

  19. Financial Assets [share, bonds] & Ancylia

    Science.gov (United States)

    Maksoed, Wh-

    2016-11-01

    Instead Elaine Scarry: "Thermonuclear monarchy" reinvent Carry Nation since Aug 17, 1965 the Republic of Indonesia's President speech: "Reach to the Star", for "cancellation" usually found in External Debt herewith retrieved from "the Window of theWorld": Ancylia, feast in March, a month named after Mars, the god of war. "On March 19 they used to put on their biggest performance of gymnastics in order to "bribe" their god for another good year", further we have vacancy & "vacuum tube"- Bulat Air karena Pembuluh, Bulat Kata karena Mufakat" proverb from Minangkabau, West Sumatra. Follows March 19, 1984 are first prototype flight of IAI Astra Jet as well as March 19, 2012 invoice accompanies Electric car Kujang-193, Fainancial Assets [share, bonds] are the answer for "infrastructure" & state owned enterprises assets to be hedged first initial debt per capita accordances. Heartfelt gratitudes to HE. Mr. Ir. Sarwono Kusumaatmadja/PT. Smartfren INDONESIA.

  20. Street food on the move: a socio-philosophical approach.

    Science.gov (United States)

    Calloni, Marina

    2013-11-01

    In the last decade social and hard scientists have increasingly analysed the issue of street food, which is now become a question of common concern in international public discourse. However, considering present literature and investigations, a socio-philosophical approach to the issue under examination has been until now not properly developed. For this reason, this paper is not aimed at improving an empirical research on street food. Rather, it is interested in developing an innovative methodological approach, which assumes transcultural, intersectional, diachronic and interdisciplinary viewpoints in the analysis of the phenomenon. Taking as a background the very rich theoretical and empirical literature on food (which is difficult to be summarised in a few pages), the paper intends to strengthen a conceptual analysis of street food as a social construction and historical symbol, opening up new theoretical, comparative, sociological and pragmatic perspectives. The normative and critical content of street food refers thus ex negativo to the right to the quality of food and to have a decent and peaceful existence in both post-colonial and post-industrial societies in an interconnected global age. © 2013 Society of Chemical Industry.

  1. Brand Loyalty- a Valuable Asset

    OpenAIRE

    Petruºcã Claudia-Ioana; Brunello Adrian

    2011-01-01

    Brand loyalty represents a significant factor which leads to the development of business competitiveness and also it is one of the most frequently implemented marketing initiatives by the practitioners. The question of how loyalty develops has been subject to an abundance of research, leading to an expansive body of literature on loyalty determinants. This article focuses on brand loyalty as an important company asset. Defining the concept and typology of brand loyalty supports practitioners ...

  2. Essays in Empirical Asset Pricing

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    This thesis consists of three essays investigating financial and real estate markets and identifying a relationship between them. A 2008 financial crises provides a perfect example of sizeable interactions between US housing market and equity prices, where a negative shock to house prices trigger...... a word-wide recession. Therefore, understanding forces driving investors behaviour and preferences, which in turn affect asset prices in both equity and housing market are of great interest....

  3. Asset Return Dynamics and Learning

    OpenAIRE

    William A. Branch; George W. Evans

    2010-01-01

    This article advocates a theory of expectation formation that incorporates many of the central motivations of behavioral finance theory while retaining much of the discipline of the rational expectations approach. We provide a framework in which agents, in an asset pricing model, underparameterize their forecasting model in a spirit similar to Hong, Stein, and Yu (2007) and Barberis, Shleifer, and Vishny (1998), except that the parameters of the forecasting model and the choice of predictor a...

  4. Philosophical analysis of virtualization educational space problems

    Directory of Open Access Journals (Sweden)

    V. D. Kolomiets

    2016-06-01

    Full Text Available Categorical imperative of the new spatial organization of education through its integration in the media space is its virtualization. It is possible in principle, given that both spaces are characterized by adaptability, ease transfer from one semiotic system to another, mobility, functionality, flexibility, allowing for their continuous restructuring. On the philosophical and educational perspective, for us it is important to note that the «idea» of media education space sets the goal of education, understanding of the complex and multi­level organization of information relations of the educational process is a simple link between empirical concepts and ideas about education space as integrity within the information society. Virtual dimension issues of educational space formed within one of the major philosophical and educational issues ­ problems of socio­cultural nature of education as a mechanism of becoming human in man. Today feature virtual philosophical analysis is understanding not just a technical phenomenon, but as a space of human existence, and therefore its educational space. It is in this sense the philosophy of education is important to apply the methodology of media philosophy in the development problems of media education space as a space of life, self­development and self­knowledge of man. Crisis and negative phenomena in postmodern education is not the result of the process of formation of modern electronic media and virtual media space. However, this specific problem requires analysis of education is in the context of new technologies of mass communication. The spread of the crisis of education in terms of media reality should be seen as a crisis of a man who fell into the information system, which is the media model and simulated education and awareness of life. Education in terms of media consumerism acts as a social technology and media culture «escape from thinking.» The transition from education information and

  5. The enigma of energy: A philosophical inquiry

    Science.gov (United States)

    Todaro-Franceschi, Vidette

    1998-06-01

    A philosophical inquiry was undertaken to examine the enigma of energy in an attempt to clarify and further illuminate the basic ideas of energy. Beginning with the origin of the concept-Aristotle's conceptualization of energeia-and continuing through to the present day with an overview of the historical conceptual development of energy in Western science, an analysis and interpretation of the scientific and philosophic literature was performed. Literature regarding aspects of human sentience was also examined for underlying ideas of energy. And, finally, selected medical and nursing science theoretical frameworks were analyzed with the hope of further grasping the philosophical underpinnings related to the phenomenon of human energy. Certain ideas of energy became evident. Energy can be viewed as a process and this view works well within the physical science domain. When energy is viewed as a process it falls within the mechanistic tradition: things are viewed as particulate, and cause and effect related. However, energy can also be viewed as a phenomenon, a thing. As a phenomenon, energy is continually transforming and actualizing inherent potentials in a communal process. When energy is recognized as the sole phenomenon responsible for everything in existence, it becomes evident that all is essentially one. In addition, when energy is viewed in this manner it becomes increasingly difficult to deny the purposive character underlying all nature. It is argued that the mystery ultimately leads to something far beyond what we know exists. One of the intuitive feelings of this researcher was that there were at least two different ideas of energy in the sciences of medicine and nursing, which, while different, shared some common elements as well. An examination of Hippocrates', Nightingale's, Selye's, Levine's, and Rogers' ideas, as well as the basic tenets of alternative health care, revealed two distinct worldviews regarding human energy which are congruent with the

  6. The philosophical dialogue as a tool of inquiry

    Directory of Open Access Journals (Sweden)

    Antonio Cosentino

    2018-01-01

    Full Text Available Among the tools of philosophical work, the dialogue, as form of live "transaction" between two or more persons, seems to have its beginning and its end with Socrates. Along the subsequent development of our philosophical tradition the dialogue reappears only as literary genre. The essay aims to suggest that the live philosophical dialogue, if offered in new forms as a distributed social practice arranged and supported by the professional skills of philosopher, shows some promise of widening the boundaries of the examined life.

  7. Impairment of intangible assets: quality of disclosures in the financial crisis period

    Directory of Open Access Journals (Sweden)

    T. R. Ismagilova

    2016-01-01

    Full Text Available The role of intangible assets presented in companies’ financial statements cannot be underestimated as in recent years the structure of the companies’ statement of financial position has significantly changed and is mainly presented by intangible assets instead of tangible assets. Global trends suggest a growing importance of intangible assets to business value, at the same time intangibles are one of the most complex assets in terms of their valuation. The widespread economic slowdown means that assets and businesses in many industries will generate lower cash flows than expected. This increases the likelihood that asset carrying amounts are greater than the expected cash flows from the assets. A number of assumptions used by management have increased, therefore there is a need for the detailed analysis of the disclosed information in terms of its reasonableness. IAS 36 Impairment of Assets sets out the requirements for the disclosed information, however, companies impairment testing processes, models and assumptions depend on the certain business and are individual. Impairment of intangible assets should not be treated by the companies as an exercise to conform IFRS requirements as it is the key element of the financial statements faithful re presentation. Main questions in terms of the quality of disclosed information regarding intangible assets impairment are addressed in this article, including the following: the role of the disclosed assumptions and estimates made by management is analysed, su ggestions are made on the documentation of the stages of the impairment test performed, key disclosure requirements are summarised and can be used by companies in self-review purposes.

  8. INTANGIBLE ASSETS AS AN INNOVATION INDICATOR: EVALUATION OF IA SPECIFICS IN A RUSSIAN COMPANY AS AN EXAMPLE

    Directory of Open Access Journals (Sweden)

    Natalia Borisovna Polygalina

    2014-09-01

    Full Text Available As IAS (International Accounting Standards were published and came into force in Russian Federation since January 2012.The critical differences between intangible assets control under Russian and international requirements have immediately been brought to light. The current article presents a study of intangible assets structural changes of a certain industrial company on a report day carried out under different control estimation.

  9. ON EVIDENCE: APPROACH FROM THE PHILOSOPHICAL HERMENEUTICS

    Directory of Open Access Journals (Sweden)

    Arturo García Rillo

    2015-06-01

    Full Text Available In order to make the term analytical evidence to reveal the original meaning of its application to account for hermeneutical situations in the world of life, the study was conducted from philosophical hermeneutics stating the following: viewpoint, understanding horizon and fusion of horizons. In the viewpoint uses of evidence are described. The horizon of understanding traces the history of the concept of evidence highlighting the perspective of Husserl. In the fusion of horizons evidence described in three levels of reality: perceived (evidence from beliefs, known (evidence from knowledge and constructed (deliberative evidence. We conclude that the historicity of the world allows rehabilitate the tradition and gives meaning to the evidence as the fact that it gets in the eyes through the original experience of hermeneutics situation that exists in practice.

  10. Social inequality: philosophical and sociological reflection

    Directory of Open Access Journals (Sweden)

    A. Sh. Victorov

    2014-01-01

    Full Text Available Social inequality is the phenomena that is hypothetically the base for first human communities genesis. Modern model for capitalist society as market relations form fails to satisfy the needs of society’s social development, and strongly requires to create new social knowledge structure and new approach for inequality sociology theory development. Our study conceptual logic comprises routine, philosophic and ideological reflexions analysis to create new social inequality definition in the context of new sociologic knowledge structure. Social inequality is the one of key problems in global sociology; the need is obvious to extract social inequality into separate discipline. Inequality sociology target is the decision of theoretical and practical problems in the formation of comprehensive knowledge about inequality phenomena in modern community, and in the development of common and specialized theoretical-methodological base for inequality study.

  11. A philosophical approach to quantum field theory

    CERN Document Server

    Öttinger, Hans Christian

    2015-01-01

    This text presents an intuitive and robust mathematical image of fundamental particle physics based on a novel approach to quantum field theory, which is guided by four carefully motivated metaphysical postulates. In particular, the book explores a dissipative approach to quantum field theory, which is illustrated for scalar field theory and quantum electrodynamics, and proposes an attractive explanation of the Planck scale in quantum gravity. Offering a radically new perspective on this topic, the book focuses on the conceptual foundations of quantum field theory and ontological questions. It also suggests a new stochastic simulation technique in quantum field theory which is complementary to existing ones. Encouraging rigor in a field containing many mathematical subtleties and pitfalls this text is a helpful companion for students of physics and philosophers interested in quantum field theory, and it allows readers to gain an intuitive rather than a formal understanding.

  12. Notion of Identification: A Philosophical Case Study

    Directory of Open Access Journals (Sweden)

    Arto Mutanen

    2016-09-01

    Full Text Available Human life should be good life in the real world which is not merely a function of objective facts but also a function of subjective factors like hopes, fears, interests, etc. Goodness, or excellence, is an ethical notion. The factors of good life cannot be identified solely by using the so-called factual (descriptive methods of identification. This means that the identification cannot be fully “objective” or fully “public”. Furthermore, there is a need for other methods of identification that also take into account certain “subjective” aspects of the object of identification. Following Jaakko Hintikka we call these methods contextual (perspectival methods of identification. Here ethics is not a set of ethical rules but rather the practical study of human life. How should we live our unique life? A philosophical-conceptual study is thus practical for this purpose. This is what Aristotle called practical wisdom (phronēsis.

  13. A philosophical approach to quantum field theory

    CERN Document Server

    Öttinger, Hans Christian

    2017-01-01

    This text presents an intuitive and robust mathematical image of fundamental particle physics based on a novel approach to quantum field theory, which is guided by four carefully motivated metaphysical postulates. In particular, the book explores a dissipative approach to quantum field theory, which is illustrated for scalar field theory and quantum electrodynamics, and proposes an attractive explanation of the Planck scale in quantum gravity. Offering a radically new perspective on this topic, the book focuses on the conceptual foundations of quantum field theory and ontological questions. It also suggests a new stochastic simulation technique in quantum field theory which is complementary to existing ones. Encouraging rigor in a field containing many mathematical subtleties and pitfalls this text is a helpful companion for students of physics and philosophers interested in quantum field theory, and it allows readers to gain an intuitive rather than a formal understanding.

  14. The Space Sector and Civilization of Intangible Assets

    Science.gov (United States)

    Hernandez, Daniel

    The value of a company is no longer solely measured according to the value of its assets (stock of raw materials, products being manufactured or finished products, machines and tools, real estate, etc.). Intangible assets are also becoming increasingly important, especially in Western economies which have massively transferred the production of goods to the so-called emerging countries offering lower labor costs. Numerous companies subcontracting their production focus on the study and design of new products and their marketing. As a result, the intangible assets (patents, brands, distribution networks, etc.) represent a growing proportion of the value of companies. Nevertheless, it is not impossible, as we saw several decades ago with Japan, for example, that the "emerging" countries which largely depend on contract production and copies, move more or less quickly to economies including the entire chain from design to production of original products. We will analyze here the importance of intangible assets in the space sector, especially as regards orbital systems (satellites and associated ground facilities). While the space sector remains dominated by states through the orders they generate and the regulations they impose on the space industry, the commercial market continues to develop and, with it, the importance of marketing actions and more generally the development of distinctive brands.

  15. Integrated Space Asset Management Database and Modeling

    Science.gov (United States)

    MacLeod, Todd; Gagliano, Larry; Percy, Thomas; Mason, Shane

    2015-01-01

    Effective Space Asset Management is one key to addressing the ever-growing issue of space congestion. It is imperative that agencies around the world have access to data regarding the numerous active assets and pieces of space junk currently tracked in orbit around the Earth. At the center of this issues is the effective management of data of many types related to orbiting objects. As the population of tracked objects grows, so too should the data management structure used to catalog technical specifications, orbital information, and metadata related to those populations. Marshall Space Flight Center's Space Asset Management Database (SAM-D) was implemented in order to effectively catalog a broad set of data related to known objects in space by ingesting information from a variety of database and processing that data into useful technical information. Using the universal NORAD number as a unique identifier, the SAM-D processes two-line element data into orbital characteristics and cross-references this technical data with metadata related to functional status, country of ownership, and application category. The SAM-D began as an Excel spreadsheet and was later upgraded to an Access database. While SAM-D performs its task very well, it is limited by its current platform and is not available outside of the local user base. Further, while modeling and simulation can be powerful tools to exploit the information contained in SAM-D, the current system does not allow proper integration options for combining the data with both legacy and new M&S tools. This paper provides a summary of SAM-D development efforts to date and outlines a proposed data management infrastructure that extends SAM-D to support the larger data sets to be generated. A service-oriented architecture model using an information sharing platform named SIMON will allow it to easily expand to incorporate new capabilities, including advanced analytics, M&S tools, fusion techniques and user interface for

  16. Institutional Provision of Agricultural Fixed Assets Revaluation Up-To-Date

    OpenAIRE

    Maryna Mogylova

    2014-01-01

    The article covers some aspects of agricultural companies' fixed assets revaluation practice and grounds for trends on enhancing institutional provision of such revaluation. Actual state has been researched of carrying out revaluation of industry fixed assets whose accounting cost influences indexes of agricultural production efficiency. It has been founder that today there is a lack of efficient practice of revaluation in agricultural businesses while the priority in application is given to ...

  17. Implementation of ASSET concept in India

    International Nuclear Information System (INIS)

    Koley, J.

    1997-01-01

    The paper presents a retrospective assessment of the use of ASSET methodology in India since the first ASSET seminary organized by IAEA in collaboration with the Atomic Energy Regulatory Board, India (AERB) in May, 1994. The first ASSET seminar was organized to initiate the spread of idea among operating and research organizations and regulatory body personnel. The participants were carefully chosen from various fields and with different levels of experiences to generate teams with sufficiently wide spectrum of knowledge base. AERB took initiative in leading by example and formed ASSET teams to carry out the first ASSET reviews in India. These teams at the instance of AERB carried out ASSET review of three Safety Related Events, two at Nuclear Power Plants and one at Research Reactor. This paper describes the outcome of these ASSET studies and subsequent implementation of the recommendations. The initiative taken by the regulatory body has led to formation of ASSET teams by the utilities to carry out ASSET study on their own. The results of these studies are yet to be assessed by the regulatory body. The result of the ASSET experience reveals the fact that it has further potential in improving the safety performance and safety culture and brining in fresh enthusiasm among safety professionals of Indian Nuclear Utilities

  18. Methodological aspects of network assets accounting

    Directory of Open Access Journals (Sweden)

    Yuhimenko-Nazaruk I.A.

    2017-08-01

    Full Text Available The necessity of using innovative tools of processing and representation of information about network assets is substantiated. The suggestions for displaying network assets in accounts are presented. The main reasons for the need to display the network assets in the financial statements of all members of the network structure (the economic essence of network assets as the object of accounting; the non-additional model for the formation of the value of network assets; the internetworking mechanism for the formation of the value of network assets are identified. The stages of accounting valuation of network assets are allocated and substantiated. The analytical table for estimating the value of network assets and additional network capital in accounting is developed. The order of additional network capital reflection in accounting is developed. The method of revaluation of network assets in accounting in the broad sense is revealed. The order of accounting of network assets with increasing or decreasing the number of participants in the network structure is determined.

  19. Philosophical foundations of education and its impact on teacher ...

    African Journals Online (AJOL)

    Student's poor performances in learning situations are often traced to a number of factors one of which is teacher ineffectiveness. This paper examines the concept of philosophical foundation of education and its impact on teachers' effectiveness. The paper stresses on the study and proper understanding of philosophical ...

  20. Anarchism and the nature of man: a philosophical appraisal | Ogan ...

    African Journals Online (AJOL)

    This work with the title “Anarchism and the Nature of Man: a Philosophical Appraisal” holds that Anarchism as a belief, movement or school of thought boils down to the age long philosophical problem of the relationship between authority and individuals or put differently, the problem of the justification of constituted authority ...

  1. Peirce and Rationalism: Is Peirce a Fully Semiotic Philosopher?

    Science.gov (United States)

    Stables, Andrew

    2014-01-01

    While Peirce is a seminal figure for contemporary semiotic philosophers, it is axiomatic of a fully semiotic perspective that no philosopher or philosophy (semiotics included) can provide any final answer, as signs are always interpreted and the context of interpretation always varies. Semiosis is evolutionary: it may or may not be construed as…

  2. Philosophical and methodological analyses in Japanese particle physics

    Energy Technology Data Exchange (ETDEWEB)

    Bardos, G. (Kossuth Lajos Tudomanyegyetem, Debrecen (Hungary). Elmeleti Fizikai Tanszek)

    1984-01-01

    The history and philosophy of the Japanese school of dialectical materialism and its influence on nuclear and particle physicists are discussed. The ideas of main characters of this philosophical school are summerized. Parallel physical and philosophical works of Sakata are analyzed.

  3. Philosophical counselling: Towards a 'new approach' in pastoral ...

    African Journals Online (AJOL)

    2011-01-25

    Jan 25, 2011 ... and counselling. In this article it was argued that philosophical counselling opens up new avenues for pastoral care and counselling. Philosophical counselling ... was proposed in order to detect the impact of the Christian spiritual schema of interpretation .... Personal self-esteem, for a male, required public.

  4. Ortega y Gasset as a philosopher of development | Ukutsemuya ...

    African Journals Online (AJOL)

    Therefore, just as Ortega is qualified to be called a philosopher of culture, he is also by that token qualified to be philosopher of development; as culture and development are two concepts that speak of sustenance of the human person. Key Words: Ortega y Gasset, Development, The Human Person, Sustainable Societal ...

  5. Possible objections to a philosophical approach to ancient Israelite ...

    African Journals Online (AJOL)

    There exists a certain consensus amongst biblical scholars that involving philosophy in the attempt to understand ancient Israelite religion is hermeneutically fallacious. A philosophical approach to ancient Yahwism is considered out of place, given the non-philosophical nature of the Hebrew Bible, the normative concerns of ...

  6. Is it possible to do theology without philosophical presuppositions ...

    African Journals Online (AJOL)

    Particularly in connection with the doctrine of God the unavoidability of philosophical presuppositions becomes apparent. The uncritical theological practice to speak about a concept of God is in need of the epistemological distinction between concept and idea, which is philosophical in nature. If this foundational distinction ...

  7. Recovering the Philosophical Anthropology of Max Scheler for Leadership Studies

    Science.gov (United States)

    Harter, Nathan

    2006-01-01

    During the first half of the twentieth century, a handful of German speaking scholars examined leadership through the lens of what came to be known as philosophical anthropology, a field of study inaugurated by Max Scheler. Not only do their contributions belong in the history of leadership studies, but the findings of philosophical anthropology…

  8. Philosophic sagacity and intercultural philosophy : beyond Henry Odera Oruka

    NARCIS (Netherlands)

    Mosima, P.M.

    2016-01-01

    In this work, I attempt to contribute to the future of African and intercultural philosophy. This is undertaken by a comparative appraisal of the late lamented Kenyan philosopher Henry Odera Oruka's (1944-1995) philosophic sagacity, and intercultural philosophy as conceived by Dutch intercultural

  9. Renewable energies: the Spanish assets

    International Nuclear Information System (INIS)

    Petit-Pez, Ch.; Molenat, G.

    2009-01-01

    Even though Spain is far away from the Kyoto protocol objectives, this country possesses numerous assets in terms of renewable energies. This report presents overviews of the present situation and of innovation and research activities in the different fields of renewable energies: wind energy, solar energy (thermal, thermoelectric and photovoltaic), hydraulic energy (dams, tide and wave energy), biomass (wood, bio-fuels, biogas). Along with these presentations, the authors propose tables and graphs of quantitative data concerning these different energy productions, at the national as well as at the regional level, with comparison with data for other European countries

  10. Philosophical midwifery and the birthpangs of modern cosmology

    Science.gov (United States)

    Gale, George; Urani, John

    1993-01-01

    Philosophical considerations sometimes direct developments in physics. Such influence most frequently operates during the genesis of new fields. The birth of modern cosmology provides clear evidence of the interaction between philosophical issues and the shape and direction of a new physical discipline. Philosophical controversy between E. A. Milne and other astrophysicists, including A. S. Eddington, James Jeans, and H. P. Robertson, directly affected the models, methods, and very nature of cosmological science for future generations. Today's standard space-time metric, for example, resulted from responses by Robertson and A. G. Walker to philosophical challenges presented in Milne's proposals to scrap the very idea of expanding ``space.'' Analysis of published works, unpublished manuscripts and correspondence, and personal interviews illustrates the role philosophical considerations played in development of this new field in physics.

  11. Fighting corruption – a philosophical approach

    Directory of Open Access Journals (Sweden)

    Schalk W. Vorster

    2013-07-01

    Full Text Available Corruption has reached astounding proportions in South Africa. The purpose of this article is to contribute to philosophical approaches aimed at combating corruption. In considering punishment for acts of corruption the most common approach is based on the philosophical theory of consequentialism, which allows only consideration of the consequences of corrupt acts. Ideally, cognisance should be taken of the norms in question, especially those norms demanding the judicious execution of obligations. It was, however, found that the Kantian categorical imperative presupposes an ideal rational society. The imperative has to be ‘softened’ by also allowing for enquiry about the corruptor’s personal circumstances, in the light of Christ’s love commandment. This article highlights the most prominent attributes of two important philosophical theories applicable to the study of corruption, namely utilitarianism (a variant of consequentialism and deontology. It is argued that qualified deontological and utilitistic approaches hold the best promise to curb corruption in the long run. The conclusion is that the state will urgently have to attend to the social context by revitalising programmes of ‘social renewal’, based on effective application of the law, the provision of adequate education and the eradication of poverty. There is also an urgent need for the ‘moral renewal’ of the entire population, focused on Christian values, operationalised within the context of the South Africa of today. Herein lies a massive task for the church. Korrupsie het verstommende afmetings in Suid-Afrika aangeneem. Die doel van hierdie artikel is om ’n bydrae te lewer tot filosofiese benaderings wat daarop gemik is om korrupsie te bestry. By die oorweging van strawwe vir korrupte dade word die mees algemene benadering gebaseer op die teorie van konsekwensialisme, wat slegs die gevolge van korrupte dade oorweeg. Ideaal-gesproke behoort ook kennis geneem te word

  12. PHILOSOPHICAL UNDERSTANDING OF THE NATURE OF VIOLENCE

    Directory of Open Access Journals (Sweden)

    N. M. Boychenko

    2017-12-01

    Full Text Available Purpose. In order to consistently distinguish between violence, which is always primarily a destructive force, and the civilized use of force that involves constructive, creative goals, one should explore the main possible philosophical approaches to understand the nature of violence and try to give it a systematic outline. Methodology. This study uses a systematic approach to identify the internal relationship between different forms of violence and, accordingly, the counteraction against violence. Also, the author uses an axiology to identify the values that are the basis for distinguishing violence from its prototypes, as well as for the distinction between violence and coercion, as well as different types of coercion. Originality. This article presents significant clarifications on the classification of types of violence, in particular, it is clearly established that certain types of violence can not have ethical relevance, since they belong to the sphere of biology (expansion, aggression or social anthropology (cultural, institutional coercion. Actually violence or violence in the narrow sense implies the existence of will, consciousness and destructive purpose. Accordingly, counteraction against violence should include the formation of a certain non-violent type of will, non-violent culture and creative, constructive goals. This requires both personal effort and institutional support and the availability of appropriate moral traditions. Ethical theory is intended to clarify and systematize these efforts. In this sense, ethics is the core of practical philosophy. To the extent that the influence of ethics on changes in human culture and sociality in the counterfactual regime is increasing, one should also speak of the anthropological significance of ethics. Conclusions. From the socio-philosophical point of view, it is necessary to specify exactly which social institutions and in which constellation generate violence. The ethical aspect of

  13. Asset Condition, Information Systems and Decision Models

    CERN Document Server

    Willett, Roger; Brown, Kerry; Mathew, Joseph

    2012-01-01

    Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, Chin...

  14. Complex profitability analysis of fixed tangible assets

    OpenAIRE

    Mackevičius, J.; Subačienė, R.; Senkus, K.

    2012-01-01

    Analysis is the main tool for evaluation of an enterprise state and for decision making process according to the results of analysis. The article presents analysis of the level of fixed assets profitability; evaluation of factors, which influence the profit-ability of fixed tangible assets; analysis of relationship between profitability and other ratios. Authors of the article propose com-plex profitability analysis of fixed tangible assets approach, which would enable managers to use more ef...

  15. Macroeconomic Influences on Optimal Asset Allocation

    OpenAIRE

    Flavin, Thomas; Wickens, Michael R.

    2002-01-01

    We develop a tactical asset allocation strategy that incorporates the effects of macroeconomic variables. The joint distribution of financial asset returns and the macroeconomic variables is modelled using a VAR with a multivariate GARCH (M-GARCH) error structure. As a result, the portfolio frontier is time varying and subject to contagion from the macroeconomic variable. Optimal asset allocation requires that this be taken into account. We illustrate how to do this using three ri...

  16. Intangible assets and firm-level productivity

    OpenAIRE

    Crass, Dirk; Peters, Bettina

    2014-01-01

    Firms invest huge amounts into intangible assets. This paper explores to which extent different kinds of intangible assets are conducive to firm-level produc- tivity. Our study contributes to the literature by simultaneously comparing productivity effects of innovative capital, human capital, branding capital and organizational capital and testing whether complementarity or substitutabil- ity exists between different intangible assets. Using panel data for the period 2006-20...

  17. Recording environmental assets in the national accounts

    OpenAIRE

    Carl Obst; Michael Vardon

    2014-01-01

    Accounting information is a core element of economic decision-making at both national and corporate levels. It is widely accepted that much economic activity is dependent upon natural capital and natural resources—generically termed environmental assets in an accounting context. Environmental assets are under threat of depletion and degradation from economic activity. Consequently, the incorporation of information on environmental assets into standard accounting frameworks is an essential ele...

  18. Application of Securitization of Leasing Assets

    OpenAIRE

    Igor Viktorovich Linev

    2014-01-01

    Securitization of leasing assets was widely adopted abroad within the last decades. Securitization of leasing assets usually is meant as process of formation of a portfolio based on future leasing payments of one and (or) more leasing company and sale of securities to investors for the subsequent refinancing of leasing operations. These securities can be bonds, actions or bills. Thus the asset leased, acts as providing these papers. Nomenclature of property includes office, medical (first of ...

  19. Valuation of intellectual property and intangible assets

    OpenAIRE

    2010-01-01

    M.Comm. Intangible assets are increasingly becoming the critical determinant of value creation and future profitability of most businesses. There is a clear distinction between the accounting treatment of physical assets and are reported on the firm’s balance sheets, but intangible assets are by large written off in the income statement, along with regular expenses such as wages, rents and interest. This distorted treatment of intangibles in an accounting sense, has dire consequences for m...

  20. Improvement to Biological Assets Valuation Documentation

    OpenAIRE

    Evgeniya Popko

    2013-01-01

    The article deals with the improvement concerning the documentation on the valuation of an agricultural enterprise's biological assets. The objective of the paper is to substantiate the need for the new forms of primary documents for valuation of biological assets at fair value. Based on existing specialized forms of primary documents for long-term and current biological assets accounting it has been found that they do not fully meet the farmers requirements. To eliminate the deficit of the a...

  1. BIM: enabling sustainability and asset management through knowledge management.

    Science.gov (United States)

    Kivits, Robbert Anton; Furneaux, Craig

    2013-11-10

    Building Information Modeling (BIM) is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  2. BIM: Enabling Sustainability and Asset Management through Knowledge Management

    Directory of Open Access Journals (Sweden)

    Robbert Anton Kivits

    2013-01-01

    Full Text Available Building Information Modeling (BIM is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  3. BIM: Enabling Sustainability and Asset Management through Knowledge Management

    Science.gov (United States)

    2013-01-01

    Building Information Modeling (BIM) is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry. PMID:24324392

  4. Extracting strategic value from nuclear assets

    International Nuclear Information System (INIS)

    Hoke, J.R. II; Grier, C.A.

    1999-01-01

    Over the past 40 yr, nuclear power has played an increasingly important role as a provider of the electric generation capacity in the US. As expanding technologies and innovative business processes continue to provide for economic growth and development, electricity will grow as a progressively larger share of total energy consumption on both a national and global scale. However, restructuring and deregulation continue to shape the electric utility industry and provide testing platforms for those competitive technologies in power generation. It is important that the nuclear option be closely examined and the appropriate strategies be developed for maintaining and improving the utilization of this valuable resource during this very demanding period of industry transition. The articulation and execution of viable strategies are crucial when considering that (a) 40% of existing nuclear capacity will retire within the next 15 yr and (b) 25% of the current nuclear work force will retire within the next 10 yr. Therefore, nuclear power must be able to identify and extract the strategic values of its intrinsic characteristics and core benefits to continue as an important commodity supplier in this energy marketplace. The authors examine the current competitive energy marketplace and explore the necessary business elements that both executive management and senior technical officers must consider when developing strategies and initiatives for rationalizing and optimizing nuclear assets. Costs alone are not the sole measure of whether nuclear will be operationally competitive in this new marketplace. The key elements and issues of nuclear generation are evaluated in three categories: industry environment, market responses, and strategic options and initiatives. The first two areas are covered in a cursory fashion, enabling the opportunity to develop the last item (options and initiatives) in the context of the activities and expectations of the external marketplace

  5. Optimal Asset Allocation under Quadratic Loss Aversion

    OpenAIRE

    Fortin, Ines; Hlouskova, Jaroslava

    2012-01-01

    Abstract: We study the asset allocation of a quadratic loss-averse (QLA) investor and derive conditions under which the QLA problem is equivalent to the mean-variance (MV) and conditional value-at-risk (CVaR) problems. Then we solve analytically thetwo-asset problem of the QLA investor for a risk-free and a risky asset. We find that the optimal QLA investment in the risky asset is finite, strictly positive and is minimal with respect to the reference point for a value strictly larger than the...

  6. Anania Shirakatsi's Cosmographical and Natural Philosophical Views

    Science.gov (United States)

    Danielyan, Eduard

    2014-10-01

    The observation of the heaven and celestial bodies has taken place since ancient times in the Armenian Highland. The notions of the sphericity of the Earth and celestial bodies, and other theses (about elements, comparative sizes of celestial bodies, antipodes, earthquakes, criticism of astrology, etc.) were reflected and elaborated in "Cosmography" of Anania Shirakatsi (VII century AD), as well as "Ashkharhatsoyts" ("Geography") of Movses Khorenatsi (V century AD) and his continuer Anania Shirakatsi. The road of observation and study of the Milky Way - the fundamental kernel of the development of astronomy - has led the human mind to galaxies, the cognition of the infinite capabilities of the development of matter, that is to say, from the studies of the elements constituting the Earth and other spherical bodies in the Universe (studied by Aristotle) to the Heliocentric system by Copernicus (1473-1543), from the cosmogonic ideas of Democritus (460-370 BC) about the multitude of worlds and the character of the Milky Way and their reflection in natural philosophic views of Anania Shirakatsi to the discovery of non-stationary objects and processes in the Universe owing to the activity of the nuclei of galaxies, according to the cosmogonic conception of academician Victor Ambartsumyan. Anania Shirakatsi's scientific heritage greatly contributed to the development of Armenian and world natural scientific thought.

  7. [Worldviews and philosophical basis of human cloning].

    Science.gov (United States)

    Lukowska, A T

    2001-01-01

    The article presents three standpoints on the question of moral permissibility of human cloning and shows the philosophical principles of it. 1. The moral consent to human cloning with the purposes of reproduction and therapy. The followers of human cloning refer to materialistic anthropology also to subjectivistic, relativistic and utilitarian ethics. 2. Those, who are adverse to human cloning with the purpose of reproduction, but they acquiesce to the so-called therapeutic cloning. They reject that human embryos and foetuses are individuals who come under protection of law. 3. Those, who reject human cloning for the purposes of reproduction and therapy alike. They assent to a personalistic anthropology and Christian ethics. A human being was created by God and human life begins at the moment of insemination. All three groups use various argumentation. The arguments for and against cloning are extracted from biology as well as psychology, philosophy, law and religion. The author of the article takes the last standpoint, but she does not see such arguments, that might convince the opposite parties to a suit.

  8. LEGAL AID IN INDIA: RETUNING PHILOSOPHICAL CHORDS

    Directory of Open Access Journals (Sweden)

    S. Chandra

    2015-01-01

    Full Text Available Legal aid in India has evolved over the last few decades since 42nd Amendment to the Indian Constitution. This paper attempts to provide philosophical underpinnings suggesting how legal aid model has evolved over the years and excogitate a newer trajectory for its future evolution. It delves into weighing Kant’s imperfect duty justifying a charity based regime and marks a transition to utilitarian model suggesting requirement of institutional need to address issues of basic liberty of ‘access to justice.’ It also spells out Rawls’ principles of justice and attempts to explore their applicability in the Indian context, to chart out a road map for future. While contrasting different models on legal aids, it makes a finding that, India doesn’t accord priority to liberty of access to justice. The Indian Supreme Court has emerged as a bastion of liberty but the finer details of the enactment has been messed up by the Indian lawmakers. The lower compensation to lawyers and lack of alternative incentives in attracting established litigators, testifies this. There is a convergence in Kantian duty of benevolence and Rawls’ liberty principle but in the world of moral relativism, a fair compensation must precede before imposing any obligation on lawyers to take up pro bono matters, as doing so, is likely to compromise their ‘true needs.’

  9. Engineering Asset Management and Infrastructure Sustainability : Proceedings of the 5th World Congress on Engineering Asset Management

    CERN Document Server

    Ma, Lin; Tan, Andy; Weijnen, Margot; Lee, Jay

    2012-01-01

    Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical assets Education and training in asset management Engineering standards in asset management Fault diagnosis and prognostics Financial analysis methods for physical assets Human dimensions in integrated asset management Information quality management Information systems and knowledge management Intelligent sensors and devices Maintenance strategies in asset management Optimisation decisions in asset management Risk management ...

  10. Contrasts between classes of assets in fixed investment panel equations as a way of testing real option theory

    OpenAIRE

    Ciaran Driver; Katsushi Imai; Paul Temple; Giovanni Urga

    2002-01-01

    This paper reports estimation of investment equations for two classes of fixed assets: plant & machinery and building for a large sample of UK manufacturing industries. It exploits the different degree of irreversibility that characterises these assets to test the power of real options theory to explain investment under uncertainty. Additionally, the paper uses a specially constructed industry-specific measure of irreversibility for plant and machinery investment to test for real options effe...

  11. C. F. v. Weizsaecker. Physicist, philosopher, visionary; C. F. v. Weizsaecker. Physiker, Philosoph, Visionaer

    Energy Technology Data Exchange (ETDEWEB)

    Goernitz, Thomas

    2012-11-01

    The 20th century with its political, social, and scientific aspects bundles itself in the life of Carl Friedrich v. Weizsaecker. As comprehensive thinker of the presence he led natural science, philosophy, and spirituality to a unity. In the public the grandson of last in Germany enobled minster and brother of the senior federal president achieved by his engagement for peace and disarmament a global effect. Competently and understandably his visionary and prospective physical ideas and his philosophical considerations are explained by his long standing coworker and close confident.

  12. The Philosopher In The Newspaper: Serhiy Krymsky As A Public Intellectual

    Directory of Open Access Journals (Sweden)

    Melnyk Andriy

    2015-06-01

    Full Text Available Interactions of philosophical and journalistic spheres, mediatization of philosophy are main problems of this article. Author considers public philosophy of contemporary Ukrainian philosopher Serhiy Krymsky and determines a role of philosophical journalism in modern media discourse.

  13. Specifics of methodology historical and philosophical researh of hesychasm

    Directory of Open Access Journals (Sweden)

    A. B. Klimenko

    2014-03-01

    Full Text Available The article is devoted to the research methodology of  Hesychasm ­ one of the most important schools of the Byzantine philosophy, which played a significant role in the development of modern civilization. However, to date it remains a kind of «terra incognita» for the world historical and philosophical thought. Hesychasm is a kind of Christian mystical worldview that is embodied in a certain spiritual practices that form the basis of Orthodox asceticism. Even half a century ago, history of philosophy left without attention of philosophical and theological teachings of the authors of the late antiquity and the early middle ages, be they Christian thinkers or the neo­Platonists. The era of post­Plotins philosophers Neoplatonists or commentators on Aristotle considered as a period of decline of this philosophy and the time of the rise of irrationality. For the same reason it was considered that the system of Christian thinkers cannot and should not be subject to the historical and philosophical science. This fully relates Hesychasm. However, on the basis of works of the French philosopher P. Ado, the paper argues that philosophy in late antiquity when there is Hesychasm is first of all a way of life, and therefore Hesychasm can be considered as a specific philosophical school of Christian asceticism. The main modern method of historical and philosophical studies is the hermeneutical reconstruction of cultural meaning of the philosophical texts, however, Hesychasm cannot be reduced to the «amount of texts» or rational philosophical discourses. When learning is impossible not to take into account the existing experience, what is behind the lyrics: the experience of the inner purification, «the noetic prayer, which often has verbal reflection. Therefore, along with the use of hermeneutic and semiotic principles of research work with the texts, there is a problem of the analysis of the experience of spiritual practices. This requires the use

  14. 76 FR 78594 - Reporting of Specified Foreign Financial Assets

    Science.gov (United States)

    2011-12-19

    ... Reporting of Specified Foreign Financial Assets AGENCY: Internal Revenue Service (IRS), Treasury. ACTION... foreign financial assets and the value of those assets is more than the applicable reporting threshold... hold specified foreign financial assets generally will be excepted from reporting such assets under...

  15. 26 CFR 1.168(i)-1 - General asset accounts.

    Science.gov (United States)

    2010-04-01

    ..., the adjustments to the general asset account described in paragraph (e)(3)(iii)(C)(2) through (4) of... taxpayer must remove the relinquished asset from the general asset account and make the adjustments to the... the general asset account as of that day and must make the adjustments to the general asset account...

  16. On the management and operation of enterprises intangible asset

    Science.gov (United States)

    Zhu, Yu; Wang, Hong

    2011-10-01

    Since entering the knowledge economy, the management of intangible assets becomes an important part of manage, this article discusses the problem of management on intangible assets, the properties of intangible assets, and the channels of management and operation on intangible assets, and stressed the important role of intangible assets in the development and innovation of the enterprise.

  17. Philosophical and Ethical Foundations of Systems Thinking

    Directory of Open Access Journals (Sweden)

    Debora Hammond

    2008-07-01

    Full Text Available Drawing on more than a decade of research on the social implications of systems thinking, as well as practical experience in integrative, community-based approaches to education, this paper is an inquiry into philosophical and ethical considerations growing out of recent developments in systems thinking. In his foundational work on general system theory, Ludwig von Bertalanffy distinguishes between three general developments in the systems field: systems technology, systems science, and systems philosophy. These three dimensions of systems thinking each nurture distinct and often widely divergent theoretical and practical orientations. In his abstract for this session, Gary Metcalf asks whether the systems approach really has anything to offer. Science is a form of social feedback; it has created an enormous body of knowledge about the world and shaped humanity’s understanding of the nature of our collective reality. Knowledge then informs action. Assumptions built into scientific frameworks condition certain kinds of actions, as Bertalanffy has noted. Systems thinking as science nurtures a way of thinking that engenders a different kind of practice; systems as philosophy cultivates an ethic of integration and collaboration that has the potential to transform the nature of social organization. Although humanity still has a lot to learn about living more harmoniously and sustainably, systems thinking has made significant contributions in this direction in many fields, both theoretical and practical. The challenge is to integrate what we have learned, to communicate these insights to a larger audience, and to nurture institutional practices that honor the ethical principles inherent in the systems view.

  18. Three Religious Philosophic Models of Creativity

    Directory of Open Access Journals (Sweden)

    D. V. Pivovarov

    2012-01-01

    Full Text Available  The research paper deals with the concept of creativity and is aimed at demonstrating the paradoxical nature of the creative action. Generally, in modern world, creativity is defined as the «newness creating». However, this is not the only viewpoint, as in different cultures there traditionally compete three generalized definitions of creativity: 1 newness is a recurrence of the old; 2 newness is a unique synthesis of old forms; 3 newness arises from nothing. It has been demonstrated that the above formulas of creativity originate from the three equally strong religious traditions – pantheism, panentheism and monotheism. According to the author, the pantheistic scheme, being applied to human creativity, explains the specificity of scientific theoretical activity. In scientific sphere, as it is well-known, the highest creative achievement is related to discovery (not invention of fundamental laws of nature dissimilated in a variety of natural phenomena, and predeter- mining them. From the panentheistic model, on the other hand, the secular philosophy deduces the special theory of human creativity, viewed as a free construction and invention, rather then simple discovery of something that already exists. Evidently, the given model appeals to the engineering sphere providing the basis for a number of theories related to inventions and rationalizations. Therefore, the mechanism of inventions is quite simple, and the mass creativity training is possible. Whereas, according to monotheism, creativity is necessarily related to mystery, and therefore, this sort of training is impossible, and the pedagogic technology of creativity is regarded as non- sense. However, such opposing views are quite lawful being proved by the numerous facts of innovations in human history. Using the method of philosophic dialectics, the author achieves a paradoxical synthesis of the above mentioned alternative positions. In author’s opinion, the paradox of creativity

  19. Three Religious Philosophic Models of Creativity

    Directory of Open Access Journals (Sweden)

    D. V. Pivovarov

    2015-02-01

    Full Text Available  The research paper deals with the concept of creativity and is aimed at demonstrating the paradoxical nature of the creative action. Generally, in modern world, creativity is defined as the «newness creating». However, this is not the only viewpoint, as in different cultures there traditionally compete three generalized definitions of creativity: 1 newness is a recurrence of the old; 2 newness is a unique synthesis of old forms; 3 newness arises from nothing. It has been demonstrated that the above formulas of creativity originate from the three equally strong religious traditions – pantheism, panentheism and monotheism. According to the author, the pantheistic scheme, being applied to human creativity, explains the specificity of scientific theoretical activity. In scientific sphere, as it is well-known, the highest creative achievement is related to discovery (not invention of fundamental laws of nature dissimilated in a variety of natural phenomena, and predeter- mining them. From the panentheistic model, on the other hand, the secular philosophy deduces the special theory of human creativity, viewed as a free construction and invention, rather then simple discovery of something that already exists. Evidently, the given model appeals to the engineering sphere providing the basis for a number of theories related to inventions and rationalizations. Therefore, the mechanism of inventions is quite simple, and the mass creativity training is possible. Whereas, according to monotheism, creativity is necessarily related to mystery, and therefore, this sort of training is impossible, and the pedagogic technology of creativity is regarded as non- sense. However, such opposing views are quite lawful being proved by the numerous facts of innovations in human history. Using the method of philosophic dialectics, the author achieves a paradoxical synthesis of the above mentioned alternative positions. In author’s opinion, the paradox of creativity

  20. ASSET experience at Paks NPP

    International Nuclear Information System (INIS)

    Szabo, I.

    1997-01-01

    At Paks NPP special attention has been paid to international reviews since the very beginning of operation. Several international teams visited Paks in order to provide independent assessment of plant performance, conditions and safety. Paks NPP Management has the further intention to invite international reviews regularly (yearly) in the future as well. The experience gained during these reviews helped to establish a unified process of preparation for the reviews, performing them and handling the results. The Safety Department is in charge of organization of the whole process. All these reviews have their specific features and they are focused on different areas. The ASSET reviews provides the assessment of plant performance and safety through the analysis of safety significant events, which have occurred at the nuclear power plant. This approach makes this review specific and different from the other ones

  1. Nuclear energy an asset for sustainable development

    International Nuclear Information System (INIS)

    Anon.

    2007-01-01

    The energy issue is now a worldwide concern. It is showed that nuclear energy combined with renewable energies are the only efficient response to face the challenge of climate warming by cutting drastically the emission of greenhouse gases in the electricity production. The second asset of nuclear energy is to be able to meet the growing need for electric power of developing countries. Energy conservation is a good thing to do in western countries but it is far to be sufficient. The success of France's nuclear energy program has enabled the country to be independent from other countries concerning its electricity production, to produce electricity at moderate and stable costs even on the long term, and to develop nuclear industry operators that are world leaders. According to the 28 june 2006 bill that clarifies the management of radioactive wastes, the disposal of high-level radioactive wastes in deep geological layers, will be put into service in 2025. The law has let the possibility of recovering the waste containers during a certain period after their burial if new solutions will have emerged. In the context of an expected renaissance of nuclear energy, the EPR (European Pressurized Reactor) is a valuable offer that must be developed. The construction of an EPR unit on the Flamanville site is necessary to perfect its design. (A.C.)

  2. QUANTITATIVE INDICATORS OF THE SECURITIZATION OF ASSETS

    Directory of Open Access Journals (Sweden)

    Denis VOSTRICOV

    2018-02-01

    Full Text Available Securitization is instrumental in return on capital increment through the withdrawal from the balance oflending activities being accompanied by off-balance incomes flow from fees, which are less capital-intensive. Thepurpose of this paper is to analyze the quantitative indicators characterizing the securitization of assets. For draftingthis article, the method of analysis, synthesis method, logic and dialectic method, normative method, the study ofstatistical sampling and time series of expert evaluations (Standard and Poor’s, personal observations, andmonographic studies have been used. The main difference between the securitization of assets from traditional waysof financing is related to the achievement of a plenty of secondary goals in attracting financial resources, whichcan play a significant role in choosing to favour the securitization of assets or other types of financing. Inparticular, it gives a possibility to write off the assets from the balance sheet along with the relevant obligationsunder the securities, to expand the range of potential investors accompanied by the reducing of credit risk, interestrate and liquidity risk, as well as to improve the management quality of assets, liabilities and risks. All of thesesecondary effects are achieved by the isolation of selected assets from the total credit risk of the enterprise, raisingits funds, which forms the pivotal actuality and significance of asset securitization. The article containsdemonstrations of quantitative and qualitative indicators characterizing the securitization of assets.

  3. Fiscal adjustments and asset price movements

    OpenAIRE

    Athanasios Tagkalakis

    2009-01-01

    This paper examines the links between asset price movements and fiscal adjustments. Our findings suggest that a pick up in asset prices increases the probability of initiating a fiscal adjustment, but it does not necessarily lead to a sustainable correction of fiscal imbalances. However, higher real equity prices increase the probability of success.

  4. Proceedings: 2001 Nuclear Asset Management Workshop

    International Nuclear Information System (INIS)

    2002-01-01

    The fourth annual EPRI Nuclear Asset Management Workshop helped decision makers at all levels of nuclear enterprises to keep informed about developing nuclear asset management (NAM) processes, methods, and tools. The goal is to operate nuclear plants with enhanced profitability, while maintaining safety

  5. Asset management methodology in NPP Cofrentes

    International Nuclear Information System (INIS)

    Galbally, D.; Feijo, J. P.; Sierra, M.

    2011-01-01

    The Cofrentes asset management plan is articulated around the tool SIGAN (computer management system of nuclear assets), this tool allows you to structure in an objective and documented the investment plan aimed at modernization and management of the plant life, achieving a consensus among the parties involved in terms of planning development and implementation.

  6. Analytical Provision of Management of Intangible Assets

    Directory of Open Access Journals (Sweden)

    Shelest Viktoriya S.

    2013-11-01

    Full Text Available The goal of the article lies in the study of the process of conduct of economic analysis of such a complex product of the innovation and information society as objects of intellectual property, which are accepted in business accounting as intangible assets. All-absorbing integration processes in the economy and large-scale propagation of information technologies influence the capital structure. Thus, accepting intangible assets as a driving factor of competitiveness, enterprises prefer namely these assets, reducing the share of tangible assets. Taking this into account the scientists thoroughly studied the issues of economic analysis of intangible assets, since the obtained data are the main source of accounting and analytical information required for making weighted managerial decisions. At the same time, the issues of authenticity, accuracy, efficiency and transparency of the obtained results become topical. In the process of the study the article shows information content of the accounting and analytical data due to introduction of accounting and conduct of economic analysis of intangible assets. The article considers the modern state of the methods of analysis of intangible assets based on opinions of scientists. It characterises economic and legal state of development of licence agreements in Ukraine. It justifies economic expediency of use of such agreements. It forms the ways of making efficient managerial decisions on use of intangible assets in economic activity of subjects of entrepreneurship.

  7. Gaining Insight into an Organization's Fixed Assets.

    Science.gov (United States)

    Hardy, Elisabet

    2003-01-01

    Discusses issues related to school district implementation of June 2001 Government Accounting Standards Board (GASB) Statement 34 designed to change how schools report fixed assets. Includes planning for GASB implementation, conducting fixed-asset inventories, and making time for GASB reporting. (PKP)

  8. DYNAMIC AND STRUCTURAL ANALYSIS OF TANGIBLE ASSETS

    Directory of Open Access Journals (Sweden)

    ECOBICI MIHAELA LOREDANA

    2016-12-01

    Full Text Available Any company’s economic activity uses material resources in order to achieve the business objective. These consist of two categories of assets: fixed assets, especially the tangible and current assets and their efficient use and operation are some of the most important conditions for the smooth running of the production of a company. Tangible assets constitute the basic assets that any company can use over a period of 1 year and more and contribute to the production of goods, execution of works and provision of services, or they may be used for administrative purposes. Research and conslusions concerning this issue have resulted in the premises of a successful production activity of the company, in which the role, the importance and the effectiveness of the use of fixed assets will always constitute the basis for a obtaining satisfactory performance. The purpose of this article is the approach and illustration of the use of fixed assets, taking into consideration the following aspects: the structural and the dynamic analysis, as well as the analysis of the influence of the components of fixed assets.

  9. METHODS AND WAYS OF MANAGING INTANGIBLE ASSETS IN THE ROMANIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Alexandru IOANCEA

    2011-09-01

    Full Text Available The term intangible is used to describe things that can be easily recognized but difficult to quantify. The best example is the intangible economic asset that is easy to describe but difficult to estimate in a particular economic theory.In the current economic theory, intangible economic assets , or intangible Assets are identifiable non-monetary goods specific for property and intellectual capital, beyond physical substance, containing knowledge as the results of research and development (patents, certificates of innovative concepts, specialized treatment, documentation, scientific brands or trademarks, trade secrets and industrial titles advertising, software licensing, copyright, license usage, etc..This paper presents a macroeconomic model to quantify intangible assets during 1991-2009. The model can be used to develop forecasts for the next period.

  10. Trends in Asset Structure between Not-for-Profit and Investor Owned Hospitals

    Science.gov (United States)

    Song, Paula H.; Reiter, Kristin L.

    2010-01-01

    The delivery of health care is a capital intensive industry and thus hospital investment strategy continues to be an important area of interest for both health policy and research. Much attention has been given to hospitals’ capital investment policies with relatively little attention to investments in financial assets, which serve an important role in NFP hospitals. This study describes and analyzes trends in aggregate asset structure between NFP and IO hospitals during the post-capital based PPS implementation period, providing the first documentation of long-term trends in hospital investment. We find hospitals’ aggregate asset structure differs significantly based on ownership, size, and profitability. For both NFP and IO hospitals, financial securities have remained consistent over time, while fixed asset representation has declined in IO hospitals. PMID:20519429

  11. Trends in asset structure between not-for-profit and investor-owned hospitals.

    Science.gov (United States)

    Song, Paula H; Reiter, Kristin L

    2010-12-01

    The delivery of health care is a capital-intensive industry, and thus, hospital investment strategy continues to be an important area of interest for both health policy and research. Much attention has been given to hospitals' capital investment policies with relatively little attention to investments in financial assets, which serve an important role in not-for-profit (NFP) hospitals. This study describes and analyzes trends in aggregate asset structure between NFP and investor-owned (IO) hospitals during the post-capital-based prospective payment system implementation period, providing the first documentation of long-term trends in hospital investment. The authors find hospitals' aggregate asset structure differs significantly based on ownership, size, and profitability. For both NFP and IO hospitals, financial securities have remained consistent over time, while fixed asset representation has declined in IO hospitals.

  12. USING RF TECHNOLOGY FOR PROTECTED ASSET TRACKING

    International Nuclear Information System (INIS)

    Younkin, James R.; Pickett, Chris A.; Richardson, Dave; Stinson, Brad J.

    2008-01-01

    The Oak Ridge National Laboratory (ORNL) is working on systems that use a new radio frequency (RF) technology called Rubee to manage and inventory many types of protected assets, including weapons housed in Department of Energy (DOE) armories, tooling, and nuclear material containers. Rubee is being considered for an IEEE Standard, and is used on several projects at ORNL because of its high performance when used in, on, and around metal-an environment that is typical of that found in an armory vault and that of many other protected assets locations within nuclear facilities. The primary objective using Rubee is to supply sustainable technology that provides timely information on the status and location of protected assets. This paper focuses on the results from a deployment of this technology at a DOE armory and discusses the applicability of Rubee for use with other protected assets within nuclear facilities. Key Words: Rubee, low radio frequency, protected assets

  13. Poincaré, philosopher of science problems and perspectives

    CERN Document Server

    DiSalle, Robert

    2014-01-01

    This volume presents a selection of papers from the Poincaré Project of the Center for the Philosophy of Science, University of Lisbon, bringing together an international group of scholars with new assessments of Henri Poincaré's philosophy of science—both its historical impact on the foundations of science and mathematics, and its relevance to contemporary philosophical inquiry. The work of Poincaré (1854-1912) extends over many fields within mathematics and mathematical physics. But his scientific work was inseparable from his groundbreaking philosophical reflections, and the scientific ferment in which he participated was inseparable from the philosophical controversies in which he played a pre-eminent part. The subsequent history of the mathematical sciences was profoundly influenced by Poincaré’s philosophical analyses of the relations between and among mathematics, logic, and physics, and, more generally, the relations between formal structures and the world of experience. The papers in this col...

  14. 'Epistemological break' and 'philosophical revolution' - a critique of ...

    African Journals Online (AJOL)

    philosophical revolution”. Implied in this taxonomisation of Althusser is the claim that objective and factual factors alone characterize science whereas philosophy is the theoretical field for class struggle and subjective factors. However, this ...

  15. Humanistic Psychology: Theoretical-Philosophical Overview and Principles.

    Science.gov (United States)

    Hamachek, Don E.

    1982-01-01

    Provides a theoretical and philosophical overview of humanistic psychology which emphasizes self-concept, self-fulfillment, and self-realization. Discusses the contributions of phenomenology, existential psychology, and the strengths of humanistic psychology. (JAC)

  16. The Transcendence in Lucian Blaga’s Philosophical Thinking

    OpenAIRE

    Stelian Manolache

    2016-01-01

    On the occasion of the conference on Transcendence and Immanence - a topic buiding on the dialogue between philosophy and theology in the modern and post-modern time -, among the produced subjects, a discussion was held on the role played in respect with this dailogue by the inter-war famous philosophers, such as Lucian Blaga and Dumitru Stăniloaie. Below, we will present the issue of Transcendence according the the philosopher-poet Lucian Blaga’s vision; his vis...

  17. The Vienna Roundabout. On the Significance of Philosophical Reaction

    OpenAIRE

    Hrachovec, Herbert

    1989-01-01

    There are three sentimental centres of 20th-century philosophical geography: Todtnauberg, Frankfurt and Vienna. Their exceptional status results not only from having given rise to decisive philosophical movements but also from the weight of stories about victimization and exile lacking with regard to Paris, Berkeley and Cambridge. Each of these centres is compromised in its own way: the Schwarzwald cottage from which Heidegger emerged to take over the Rektorat of Freiburg University and to wh...

  18. Development of transportation asset management decision support tools : final report.

    Science.gov (United States)

    2017-08-09

    This study developed a web-based prototype decision support platform to demonstrate the benefits of transportation asset management in monitoring asset performance, supporting asset funding decisions, planning budget tradeoffs, and optimizing resourc...

  19. When asset management and organizations meet: accounting for employee experiences

    NARCIS (Netherlands)

    Schraven, Daan; Hartmann, Andreas; Dewulf, Geert P.M.R.

    2015-01-01

    For some time, organisations have encountered challenges when implementing asset management, particularly when closing the gap between how the asset management is understood by employees and how they support it in practice. Maturity models, common applied evaluations for implementing asset

  20. Monitoring highway assets using remote sensing technology : research spotlight.

    Science.gov (United States)

    2014-04-01

    Collecting inventory data about roadway assets is a critical part of : MDOTs asset management efforts, which help the department operate, : maintain and upgrade these assets cost-effectively. Federal law requires : that states develop a risk-based...

  1. 6th World Congress on Engineering Asset Management

    CERN Document Server

    Ni, Jun; Sarangapani, Jagnathan; Mathew, Joseph

    2014-01-01

    This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: • Asset condition monitoring and intelligent maintenance • Asset data warehousing, data mining and fusion • Asset performance and level-of-service models • Design and lifecycle integrity of physical assets • Deterioration and preservation models for assets • Education and training in asset management • Engineering standards in asset management • Fault diagnosis and prognostics • Financial analysis methods for physical assets • Human dimensions in integrated asset management • Information quality management • Information systems and knowledge management • Intellig...

  2. EVALUATING THE LIFE CYCLE COSTS OF PLANT ASSETS – A MULTIDIMENSIONAL VIEW

    Directory of Open Access Journals (Sweden)

    Markus Gram

    2012-11-01

    Full Text Available This paper shows the results of the task group "Asset life cycle management" of the AustrianScientific Maintenance and Asset Management Association (ÖVIA. One purpose of the researchactivities is to create a generic life cycle model for physical assets which includes all costs in everyphase of the asset life cycle. The first step is a literature review determining the most established lifecycle cost models. This is the input for discussing the completeness of such frameworks with theparticipating industrial companies. A general model is deducted from existing approaches and thedetermined costs are evaluated with respect to priority and practical relevance. The result of theevaluation shows which costs are taken into account for investment decisions. Another outcome ofthe study is the verification of importance of the proposed costs for industrial companies, especiallyfor the process industry. The derived life cycle cost framework is the basis for developing a calculationtool and subsequently, for further research in the flied of uncertainty-based methodologies forlife cycle cost analyzing of physical plant assets.

  3. Environmental performance, profitability, asset utilization, debt monitoring and firm value

    Science.gov (United States)

    Bukit, R. Br; Haryanto, B.; Ginting, P.

    2018-02-01

    The growing issue on firm value shows that firm value is not only determined by the firm ability to increase financial profit, but also by the company's concern in maintaining the environmental condition. The industrial development produces waste that pollutes the environment that has potential to serious impact on the next life. In addition to provide financial benefits, companies are increasingly facing pressure to be socially responsible for the survival of the company. However, past findings demonstrate that the effect of environmental performance, profitability, and asset utilization to the firm’s value are still unclear. This study aims to test whether environmental performance, firm profitability and asset utilization can effectively enhance firm value in two different conditions: intensive debt monitoring and less intensive debt monitoring. Sample of companies is taken from the list of Indonesia Stock Exchange during the period of 2013 to 2015. Using multiple regression analysis, discloses that: in intensive monitoring, managers tend to have high firm value when company has high environmental performance and or high profitability and high asset utilization. Monitoring system needs to be intensified especially for companies with the above characteristics.

  4. Organizational information assets classification model and security architecture methodology

    Directory of Open Access Journals (Sweden)

    Mostafa Tamtaji

    2015-12-01

    Full Text Available Today's, Organizations are exposed with huge and diversity of information and information assets that are produced in different systems shuch as KMS, financial and accounting systems, official and industrial automation sysytems and so on and protection of these information is necessary. Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released.several benefits of this model cuses that organization has a great trend to implementing Cloud computing. Maintaining and management of information security is the main challenges in developing and accepting of this model. In this paper, at first, according to "design science research methodology" and compatible with "design process at information systems research", a complete categorization of organizational assets, including 355 different types of information assets in 7 groups and 3 level, is presented to managers be able to plan corresponding security controls according to importance of each groups. Then, for directing of organization to architect it’s information security in cloud computing environment, appropriate methodology is presented. Presented cloud computing security architecture , resulted proposed methodology, and presented classification model according to Delphi method and expers comments discussed and verified.

  5. Accounting valuation development of specific assets

    Directory of Open Access Journals (Sweden)

    I.V. Zhigley

    2017-12-01

    Full Text Available The current issues of accounting estimate development are considered. The necessity of the development of accounting estimate in the context of the non-institutional theory principles based on the selection of a number of reasons is grounded. The reasons for deterioration of accounting reputation as a separate socio-economic institute in the context of developing the methodology for specific assets accounting are discovered. The system of normative regulation of accounting estimate of enterprise non-current assets in the case of diminishing their usefulness is analyzed. The procedure for determining and accounting for the depreciation of assets in accordance with IFRS 36 «Depreciation of Assets» is developed. The features of the joint use of the concept of «value in use» and «fair value» in the accounting system are disclosed. The procedure for determining the value of compensation depending on the degree of specificity of assets is developed. The necessity to clarify the features that indicate the possibility of diminishing the usefulness of specific assets (termination or pre-term termination of the contract for the use of a specific asset is grounded.

  6. The philosophical terrain of behavior analysis: a review of B. A. Thyer (Ed.), The Philosophical Legacy of Behaviorism.

    Science.gov (United States)

    Lamal, P A

    2000-09-01

    The Philosophical Legacy of Behaviorism, edited by Bruce A. Thyer, is a set of original contributions, each dealing, from a behavioral stance, with one of the following major topics of philosophy: epistemology, ethics, consciousness, language, free will and determinism, and self-control. Confusions about radical behaviorism and its similarities to, and differences from, other behavioral and non-behavioral approaches are described in the book, which provides a state-of-the-art description of the philosophical underpinnings of behavior analysis.

  7. How industries change.

    Science.gov (United States)

    McGahan, Anita M

    2004-10-01

    It's fairly obvious: To make intelligent investments within your organization, you need to understand how your whole industry is changing. But such knowledge is not always easy to come by. Companies misread clues and arrive at false conclusions all the time. To truly understand where your industry is headed, you have to take a long-term, high-level look at the context in which you do business, says Boston University professor Anita McGahan. She studied a variety of businesses from a cross section of industries over a ten-year period, examining how industry structure affects business profitability and investor returns. Her research suggests that industries evolve along one of four distinct trajectories--radical, progressive, creative, and intermediating--that set boundaries on what will generate profits in a business. These four trajectories are defined by two types of threats. The first is when new, outside alternatives threaten to weaken or make obsolete core activities that have historically generated profits for an industry. The second is when an industry's core assets--its resources, knowledge, and brand capital--fail to generate value as they once did. Industries undergo radical change when core assets and core activities are both threatened with obsolescence; they experience progressive change when neither are jeopardized. Creative change occurs when core assets are under threat but core activities are stable, and intermediating change happens when core activities are threatened while core assets retain their capacity to create value. If your company's innovation strategy is not aligned with your industry's change trajectory, your plan for achieving returns on invested capital cannot succeed, McGahan says. But if you understand which path you're on, you can determine which strategies will succeed and which will backfire.

  8. Assets optimization at Heavy Water Plants

    International Nuclear Information System (INIS)

    Hiremath, S.C.

    2006-01-01

    In the world where the fittest can only survive, manufacturing and production enterprises are under intense pressure to achieve maximum efficiency in each and every field related to the ultimate production of plant. The winners will be those that use their assets, i.e men, material, machinery and money most effectively. The objective is to optimize the utilization of all plant assets-from entire process lines to individual pressure vessels, piping, process machinery, and vital machine components. Assets of Heavy Water Plants mainly consist of Civil Structures, Equipment and Systems (Mechanical, Electrical) and Resources like Water, Energy and Environment

  9. Managing terminology assets in Electronic Health Records.

    Science.gov (United States)

    Abrams, Kelly; Schneider, Sue; Scichilone, Rita

    2009-01-01

    Electronic Health Record (EHR)systems rely on standard terminologies and classification systems that require both Information Technology (IT) and Information Management (IM) skills. Convergence of perspectives is necessary for effective terminology asset management including evaluation for use, maintenance and intersection with software applications. Multiple terminologies are necessary for patient care communication and data capture within EHRs and other information management tasks. Terminology asset management encompasses workflow and operational context as well as IT specifications and software application run time requirements. This paper identifies the tasks, skills and collaboration of IM and IT approaches for terminology asset management.

  10. Life cycle management of hydro assets

    International Nuclear Information System (INIS)

    Meel, H.W. de

    1998-01-01

    Acres International Ltd. has developed and implemented a risk-based approach to the management of hydro plant assets in a least-cost manner. Recently, the Canadian Energy Association initiated a study to enhance Acres' asset management model to derive practical and efficient programs for rehabilitation of hydroelectric power plants. The study also determined the feasibility of developing suitable failure probability curves for some plant components including woodstave penstocks, steel penstocks and transformers. The study showed that the asset management model is also useful in determining the optimum timing for implementing capital remedial measures. 15 refs., 1 tab., 7 figs

  11. Tapping the Value Potential of Extended Asset Services - Experiences from Finnish Companies

    Science.gov (United States)

    Kortelainen, Helena; Hanski, Jyri; Valkokari, Pasi; Ahonen, Toni

    2017-09-01

    Recent developments in information technology and business models enable a wide variety of new services for companies looking for growth in services. Currently, manufacturing companies have been actively developing and providing novel asset based services such as condition monitoring and remote control. However, there is still untapped potential in extending the service delivery to the long-term co-operative development of physical assets over the whole lifecycle. Close collaboration with the end-customer and other stakeholders is needed in order to understand the value generation options. In this paper, we assess some of the asset services manufacturing companies are currently developing. The descriptions of the asset services are based on the results of an industrial workshop in which the companies presented their service development plans. The service propositions are compared with the Total Cost of Ownership and the closed loop life cycle frameworks. Based on the comparison, gaps that indicate potential for extended asset service concepts are recognised. In conclusion, we argue that the manufacturing companies do not recognise the whole potential for asset based services and for optimizing the performance of the end customers' processes.

  12. Determinants of investment in fixed assets and in intangible assets for high-tech firms

    Directory of Open Access Journals (Sweden)

    Paulo Maçãs Nunes

    2017-05-01

    Full Text Available Based on a sample of 141 Portuguese high-tech firms for the period 2004-2012 and using GMM system (1998 and LSDVC (2005 dynamic estimators, this paper studies whether the determinants of high-tech firms’ investment in fixed assets are identical to the determinants of their investment in intangible assets. The multiple empirical evidence obtained allows us to conclude that the determinants of their investment in fixed assets are considerably different from those of their investment in intangible assets. Debt is a determinant stimulating investment in fixed assets, with age being a determinant restricting such investment. Size, age, internal finance and GDP are determinants stimulating investment in intangible assets, whereas debt and interest rates restrict such investment. These results let us make important suggestions for the owners/managers of high-tech firms, and also for policy-makers.

  13. APPROACHES CONCERNING ACCOUNTING OF INTANGIBLE ASSETS

    Directory of Open Access Journals (Sweden)

    Gheorghe MOROSAN

    2016-02-01

    Full Text Available Given the importance of intangible assets in the company the paper aims to establish criteria for recognizing and measuring these assets through which the company can not only reflect the true value and its carrying amount. The main objective is to formulate a logical definition of intangible assets in accounting terms that allows their recognition in financial reporting to help build an accurate image of the company. It will demonstrate how important intangible assets for a successful company are and how they can help develop the economy and especially the Romanian economy. The secondary objectives are: - Setting limits in the valuation of intellectual capital from the point of view of internal control and external - Create a new post in the balance sheet to include this related value

  14. [ASSET missions at the Russian NPPs

    International Nuclear Information System (INIS)

    Garnyk, N.

    1996-01-01

    The activities connected with the ASSET missions and seminars which were held at the Russian nuclear power plants with the assistance of the IAEA and which facilitated the enhancement of nuclear safety culture are described

  15. Applying transportation asset management in Connecticut.

    Science.gov (United States)

    2008-12-01

    The study consists primarily of a detailed review of those states that utilize transportation asset management (TAM) systems that may be applicable for Connecticuts consideration, and includes as well the identification of a comprehensive pavement...

  16. A rural transit asset management system

    Science.gov (United States)

    2005-01-01

    This reports the research undertaken to create an interactive, geographic information system based asset management system for the Alabama Department of Transportation to manage vehicles purchased and operated through Section 5310 and 5311 federal gr...

  17. Prolong Your Roof's Performance: Roof Asset Management.

    Science.gov (United States)

    Teitsma, Jerry

    2001-01-01

    Discusses the roof asset management process for maintaining a roof system's integrity and value in a cost-effective manner. Included is a breakdown of roofing surface characteristics for multiply and single ply roofing systems. (GR)

  18. Consolidated asset management for Minnesota local agencies.

    Science.gov (United States)

    2016-06-01

    Transportation agencies are increasingly turning their attention to transportation asset management (TAM), a systematic process for tracking the conditions of physical infrastructure to make better decisions about its maintenance. TAM is mandated by ...

  19. Integrated Data for Improved Asset Management

    Science.gov (United States)

    2016-05-26

    The objective of this research is to demonstrate the potential benefits for agency-wide data integration for VDOT asset management. This objective is achieved through an example application that requires information distributed across multiple databa...

  20. Asset Management for Water and Wastewater Utilities

    Science.gov (United States)

    Renewing and replacing the nation's public water infrastructure is an ongoing task. Asset management can help a utility maximize the value of its capital as well as its operations and maintenance dollars.

  1. Crisis Management- Operational Logistics & Asset Visibility Technologies

    National Research Council Canada - National Science Library

    Braunbeck, Richard A; Mastria, Michael F

    2006-01-01

    .... Recent crisis response operations that would have benefited from improved asset visibility include the Indian Ocean tsunami, the Pakistani earthquake, Hurricane Katrina and those related to the Global War on Terror...

  2. Mining Existing Assets for Software Product Lines

    National Research Council Canada - National Science Library

    Bergey, John

    2000-01-01

    Mining of existing assets offers an organization the potential to leverage all, or part, of its cumulative system investments, and thus represents a critical practice area in implementing a software product line...

  3. The complexity classification of intangible assets

    Directory of Open Access Journals (Sweden)

    Paula-Angela Vidrascu

    2013-03-01

    Full Text Available This paper tries to solve the complex problems of arising in the definition and delimitation of the intangible assets. Over time the technology develops and resizes continuously and along with it redefine in a very short time the theoretical and practical concepts of the economy. From the economic point of view an asset can be defined as a resource controlled by the enterprise as a result of past transactions or investments, and which is expected to generate future economic benefits. Intangible assets are the most important economic resources of an entity because in terms of their analysis of the technical, material and financial ñ of her evolution over time and the ability of continuous development. The main purpose of this article is to analyse the research carried out for the purposes of the definition and delimitation of intangible assets.

  4. Environmental asset management: Risk management systems

    CSIR Research Space (South Africa)

    Naudé, Brian

    2017-07-01

    Full Text Available purposes until the assets are exhausted. This paper addresses elements of environmental crime and the risk management strategies as part of EAP, including risk management system functions. A unique implemented risk management system in the Kruger National...

  5. Integrated Facilities Management and Fixed Asset Accounting.

    Science.gov (United States)

    Golz, W. C., Jr.

    1984-01-01

    A record of a school district's assets--land, buildings, machinery, and equipment--can be a useful management tool that meets accounting requirements and provides appropriate information for budgeting, forecasting, and facilities management. (MLF)

  6. Space assets for demining assistance

    Science.gov (United States)

    Kruijff, Michiel; Eriksson, Daniel; Bouvet, Thomas; Griffiths, Alexander; Craig, Matthew; Sahli, Hichem; González-Rosón, Fernando Valcarce; Willekens, Philippe; Ginati, Amnon

    2013-02-01

    Populations emerging from armed conflicts often remain threatened by landmines and explosive remnants of war. The international mine action community is concerned with the relief of this threat. The Space Assets for Demining Assistance (SADA) undertaking is a set of activities that aim at developing new services to improve the socio-economic impact of mine action activities, primarily focused on the release of land thought to be contaminated, a process described as land release. SADA was originally initiated by the International Astronautical Federation (IAF). It has been implemented under the Integrated Applications Promotion (IAP) program of the European Space Agency (ESA). Land release in mine action is the process whereby the demining community identifies, surveys and prioritizes suspected hazardous areas for more detailed investigation, which eventually results in the clearance of landmines and other explosives, thereby releasing land to the local population. SADA has a broad scope, covering activities, such as planning (risk and impact analysis, prioritization, and resource management), field operations and reporting. SADA services are developed in two phases: feasibility studies followed by demonstration projects. Three parallel feasibility studies have been performed. They aimed at defining an integrated set of space enabled services to support the land release process in mine action, and at analyzing their added value, viability and sustainability. The needs of the mine action sector have been assessed and the potential contribution of space assets has been identified. Support services have been formulated. To test their fieldability, proofs of concept involving mine action end users in various operational field settings have been performed by each of the study teams. The economic viability has also been assessed. Whenever relevant and cost-effective, SADA aims at integrating Earth observation data, GNSS navigation and SatCom technologies with existing

  7. Determinants of investment in fixed assets and in intangible assets for high-tech firms

    OpenAIRE

    Paulo Maçãs Nunes; Zélia Serrasqueiro; António Fernandes de Matos

    2017-01-01

    Based on a sample of 141 Portuguese high-tech firms for the period 2004-2012 and using GMM system (1998) and LSDVC (2005) dynamic estimators, this paper studies whether the determinants of high-tech firms’ investment in fixed assets are identical to the determinants of their investment in intangible assets. The multiple empirical evidence obtained allows us to conclude that the determinants of their investment in fixed assets are considerably different from those of their investment in intang...

  8. The 1998 annual: Focusing on asset quality

    International Nuclear Information System (INIS)

    1998-01-01

    Operational and financial activities of Newport Petroleum Corporation during fiscal year 1998 are reviewed. Despite the low oil prices, and the consequent reduction in industry activity and financial results, the Company continued to focus on high quality assets. The Company improved its proved and probable reserves by 21.3 million barrels of oil equivalent, increasing its reserve life index to over 10 years. Reserve addition costs in 1998 were a competitive $ 7.08 per barrel of oil equivalent. The Company produced more than 20,000 barrels of oil equivalent per day, generating revenue of $ 141 million. The Company acquired an interest in the Caroline Gas Unit for $ 165 million late in 1998 and experienced success with the drilling of two wells. At year end, reserves of approx. 575 bcf of raw gas in place were attributed to this area. New light oil discoveries were made in the Rigel area of northern British Columbia and the Shiningbank area of west-central Alberta. Both properties have significant development potential. While share price performance was essentially flat for the year, the target remains to add value on a per share basis over the long term. The outlook for natural gas appears to be positive, with markets expected to be robust with prices tracking supply/demand fundamentals. The completion of additional pipeline capacity from Alberta into U.S. markets has resulted in a lowering of the differential to U.S. prices, and as a result, it appears that pricing in western Canada will improve in the next several years. Although the outlook for oil prices remains uncertain, with recent OPEC commitments to curtail volumes, there is reason for cautious optimism. Overall, the Company is confident that it has the financial strength to not only weather an extended period of oil price weakness, but to continue to expand its activity levels and prosper

  9. THE BUSINESS MODEL AND FINANCIAL ASSETS MEASUREMENT

    OpenAIRE

    NICULA Ileana

    2012-01-01

    The paper work analyses some aspects regarding the implementation of IFRS 9, the relationship between the business model approach and the assets classification and measurement. It does not discuss the cash flows characteristics, another important aspect of assets classification, or the reclassifications. The business model is related to some characteristics of the banks (opaqueness, leverage ratio, compliance to capital, sound liquidity requirements and risk management) and to Special Purpose...

  10. Intangible liabilities: beyond models of intellectual assets

    OpenAIRE

    García Parra, Mercedes; Simó Guzmán, Pep; Sallán Leyes, José María; Mundet Hiern, Joan

    2009-01-01

    Purpose – Most models of intellectual capital measurment equal intellectual capital with intellectual assets. Nevertheless, companies sometimes must incur liabilities to make intellectual assets truly actionable. This fact suggests the existence of intangible liabilities. The aim of this paper is to refine the methods of assessment of intellectual capital by refining and extending the concept of intangible liabilities. Design/methodology/approach – The paper consists of a literature revi...

  11. Bayesian Analysis of Bubbles in Asset Prices

    OpenAIRE

    Andras Fulop; Jun Yu

    2017-01-01

    We develop a new model where the dynamic structure of the asset price, after the fundamental value is removed, is subject to two different regimes. One regime reflects the normal period where the asset price divided by the dividend is assumed to follow a mean-reverting process around a stochastic long run mean. The second regime reflects the bubble period with explosive behavior. Stochastic switches between two regimes and non-constant probabilities of exit from the bubble regime are both all...

  12. Econometric Evaluation of Asset Pricing Models

    OpenAIRE

    Lars Peter Hansen; John Heaton; Erzo Luttmer

    1993-01-01

    In this article we provide econometric tools for the evaluation of intertemporal asset pricing models using specification-error and volatility bounds. We formulate analog estimators of these bounds, give conditions for consistency, and derive the limiting distribution of these estimators. The analysis incorporates market frictions such as short-sale constraints and proportional transactions costs. Among several applications we show how to use the methods to assess specific asset pricing model...

  13. National Asset Management Agency Management of Loans

    OpenAIRE

    Buckley, John

    2012-01-01

    Report of the Comptroller and Auditor General National Asset Management Agency – Management of Loans I have, in accordance with the provisions of Section 9 of the Comptroller and Auditor General (Amendment) Act, 1993, carried out an examination of the arrangements for the management of loans by the National Asset Management Agency. I hereby submit my report on the above examination for presentation to Dáil Éireann pursuant to Section 11 of the said Act. John Buckley Comptroller...

  14. The valuation of health care intangible assets.

    Science.gov (United States)

    Reilly, R F; Rabe, J R

    1997-01-01

    Health care entities (and especially medical practices) are valued for a number of reasons: sale transaction pricing and structuring, merger formation and dissolution, taxation and regulatory compliance, and litigation support and dispute resolution. The identification and quantification of the entity's intangible assets are often the most important aspects of the valuation. This article illustrates the generally accepted methods for valuing health care-related intangible assets.

  15. Building Energy Asset Score for Building Owners

    Energy Technology Data Exchange (ETDEWEB)

    Building Technologies Office

    2015-01-01

    The Building Energy Asset Score is a national standardized tool for evaluating the physical and structural energy efficiency of commercial and multifamily residential buildings. The Asset Score generates a simple energy efficiency rating that enables comparison among buildings, and identifies opportunities for users to invest in energy efficiency upgrades. It is web-based and free to use. This fact sheet discusses the value of the score for building owners.

  16. Building Energy Asset Score for Architects

    Energy Technology Data Exchange (ETDEWEB)

    Building Technologies Office

    2015-01-01

    The Building Energy Asset Score is a national standardized tool for evaluating the physical and structural energy efficiency of commercial and multifamily residential buildings. The Asset Score generates a simple energy efficiency rating that enables comparison among buildings, and identifies opportunities for users to invest in energy efficiency upgrades. It is web-based and free to use. This fact sheet discusses the value of the score for architects.

  17. The Centrality of Philosophical Anthropology to (a Future) Environmental Ethics.

    Science.gov (United States)

    Gare, Arran

    2016-01-01

    While environmental ethics has successfully established itself in philosophy, as presently conceived it is still largely irrelevant to grappling the global ecological crisis because, as Alasdair MacIntyre has argued, ethical philosophy itself is in grave disorder. MacIntyre's historically oriented recovery of virtue ethics is defended, but it is argued that even MacIntyre was too constrained by received assumptions to overcome this disorder. As he himself realized, his ideas need to be integrated and defended through philosophical anthropology. However, it is suggested that current defenders of philosophical anthropology have not done it justice. To appreciate its importance it is necessary accept that we are cultural beings in which the core of culture is the conception of what are humans. This is presupposed not only in thought but in social practices and forms of life. This was understood by Aristotle, but modernity has been straightjacketed by the Seventeenth Century scientific revolution and Hobbes' philosophical anthropology, identifying knowledge and with techno-science and eliminating any place for questioning this conception of humans. The only conception of humanity that could successfully challenge and replace Hobbes' philosophical anthropology, it is argued, is Hegel's philosophical anthropology reformulated and developed on naturalistic foundations. This involves subordinating science to a reconceived humanities with a fundamentally different role accorded to ethics, placing it at the center of social life, politics and economics and at the centre of the struggle to transform culture and society to create an ecologically sustainable civilization.

  18. Historical development of derivatives’ underlying assets

    Directory of Open Access Journals (Sweden)

    Sylvie Riederová

    2011-01-01

    Full Text Available The derivative transactions are able to eliminate the unexpected risk arising from the price volatility of the asset. The need for risk elimination relates to the application of derivatives.This paper is focused on derivatives’ underlying assets themselves. With the plain description, supported by progressive summarization, the authors analysed the relevant theoretical sources, dealt with derivatives, their underlying assets and their development in centuries. Starting in the ancient history, 2000 BC, the first non-standard transaction, very close to today’s understanding of derivatives, becomes to be closed between counterparties. During the time, in different kingdoms and emporiums, derivatives started to play a significant role in daily life, helping to reduce the uncertainty of the future. But the real golden era for derivatives started with the so called ‘New derivative markets’ and computer supported trading. They have extended their form from simple tools to most complex structures, without changing their main purpose hedging and risk – reduction.For the main purpose of this paper it is impossible to split the development of derivatives from the very wide extension of underlying assets. The change of these assets was one of the main drivers in derivatives development. Understanding of the dynamic character of these assets helps to understand the world of derivatives.

  19. The Piranha Solution: Monitoring and Protection of Proprietary System Intangible Assets

    Science.gov (United States)

    Ladwig, Christine; Schwieger, Dana; Clayton, Donald

    2017-01-01

    The "Piranha Solution"® is a complex and valuable integrated chemical supply inventory management system protected as a trade secret by its asset holder, the Confluence Corporation. The "Piranha" program is the lifeblood of the corporation's growth and success in the chemical supply industry. A common definition of "trade…

  20. Correlation and Relationship Analisys for Business Risk and Company Assets

    Directory of Open Access Journals (Sweden)

    Subagyo Ahmad

    2017-12-01

    Full Text Available Purpose : This study aims to investigate how variable ratios such as capital structure, NPM, ROA, asset structure and business risk on 60 companies listed on the IDX to know the book ending 2016. Research methodology : The method used in this research is descriptive statistic analysis, correlation analysis and multiple regression analysis. Findings : result of research explains that capital structure of 60 food and beverage industry company have significant relation with variable of Net Profit Margin (NPM equal to 0,0658, business risk equal to 0,0401, asset structure equal to 0,0019 and for ROA variable with no relation significant with a value of 0.5929. So that 3 variables that have significant relationship and 1 variable of capital structure with ROA is not significant. Originality : This study can contribute to the existing literature, especially those related to the analysis of the company’s financial ratios. And later the results of this study can be used as an investigation tool about the impact of business risk to the company’s financial analysis of the food and beverage industry.

  1. 34 CFR 682.420 - Federal nonliquid assets.

    Science.gov (United States)

    2010-07-01

    ... (other than an intangible or intellectual property asset or a tangible asset of nominal value), the... 34 Education 3 2010-07-01 2010-07-01 false Federal nonliquid assets. 682.420 Section 682.420... Federal Family Education Loan Programs by a Guaranty Agency § 682.420 Federal nonliquid assets. (a...

  2. 12 CFR 9.13 - Custody of fiduciary assets.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Custody of fiduciary assets. 9.13 Section 9.13... NATIONAL BANKS Regulations § 9.13 Custody of fiduciary assets. (a) Control of fiduciary assets. A national bank shall place assets of fiduciary accounts in the joint custody or control of not fewer than two of...

  3. 24 CFR 990.290 - Compliance with asset management requirements.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Compliance with asset management... URBAN DEVELOPMENT THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.290 Compliance with asset management requirements. (a) A PHA is considered in compliance with asset management requirements...

  4. Information Mirages and Financial Contagion in Asset Market Experiment

    NARCIS (Netherlands)

    Noussair, C.N.; Xu, Yilong

    2014-01-01

    We study financial contagion in an experimental market. There are two assets and an exogenous shock reduces the value of one of the two assets. Whether and how the other asset is affected depends on the correlation between the underlying values of the two assets. In some trials, the correlational

  5. 47 CFR 36.162 - Intangible assets-Account 2690.

    Science.gov (United States)

    2010-10-01

    ... 47 Telecommunication 2 2010-10-01 2010-10-01 false Intangible assets-Account 2690. 36.162 Section... Amortizable Assets § 36.162 Intangible assets—Account 2690. (a) Intangible Assets, Account 2690 includes the..., Account 2001, excluding the Intangible Assets, Account 2690. Telecommunications Plant—Other ...

  6. FINANCING OF FIXED ASSETS AS OBJECT OF STATISTICAL RESEARCH

    Directory of Open Access Journals (Sweden)

    Dmitry V. Dianov

    2014-01-01

    Full Text Available Statistical analysis of fixed assets as the most valuable component of national wealth is relevant not only to solve traditional problems associated with the assessment of the availability, structure and dynamics of economic assets. Fixed assets have various kinds of valuation, none of which is adequate without appropriate statistical confirmation. In particular, it concerns the investment value of fixed assets.

  7. FINANCING OF FIXED ASSETS AS OBJECT OF STATISTICAL RESEARCH

    OpenAIRE

    Dmitry V. Dianov; Nikolay V. Gaifulin

    2014-01-01

    Statistical analysis of fixed assets as the most valuable component of national wealth is relevant not only to solve traditional problems associated with the assessment of the availability, structure and dynamics of economic assets. Fixed assets have various kinds of valuation, none of which is adequate without appropriate statistical confirmation. In particular, it concerns the investment value of fixed assets.

  8. 12 CFR 701.36 - FCU ownership of fixed assets.

    Science.gov (United States)

    2010-01-01

    ... ORGANIZATION AND OPERATION OF FEDERAL CREDIT UNIONS § 701.36 FCU ownership of fixed assets. (a) Investment in... investment. The request must also indicate the approximate aggregate amount of fixed assets, as a percentage... of fixed assets only if the aggregate all of such future investments in fixed assets does not exceed...

  9. Non-negotiable assets accounting and analysis of their status

    OpenAIRE

    BESSONOVA S.I.

    2015-01-01

    In the article studied were the status of fixed assets in Ukraine. The problems of fixed assets, their modernization, repairs and depreciation. Recommendations were given with the objective of clarification of the classification of fixed assets, detailed accounting, control and analysis of non-current assets, as well as the results of the use of innovative products.

  10. Tangible fixed assets from the perspective of Czech accounting standards

    OpenAIRE

    Dolejší, Lukáš

    2010-01-01

    The thesis is focused on accounting of tangible fixed assets from the perspective of Czech accounting standards. The aim is to describe accounting for acquisition, usage and disposal of tangible fixed assets. The thesis also analyzes different kinds of tangible fixed assets valuation and depreciation. Theoretical knowledge is applied to accounting of tangible fixed assets by Bohemia Asfalt, Ltd.

  11. A Brief Philosophical Encounter with Science and Medicine

    Science.gov (United States)

    Karbasizadeh, Amir Ehsan

    2013-01-01

    We show a lot of respect for science today. To back up our claims, we tend to appeal to scientific methods. It seems that we all agree that these methods are effective for gaining the truth. We can ask why science has its special status as a supplier of knowledge about our external world and our bodies. Of course, one should not always trust what scientists say. Nonetheless, epistemological justification of scientific claims is really a big project for philosophers of science. Philosophers of science are interested in knowing how science proves what it does claim and why it gives us good reasons to take these claims seriously. These questions are epistemological questions. Epistemology is a branch of philosophy which deals with knowledge claims and justification. Besides epistemological questions, metaphysical and ethical issues in science are worthy of philosophical scrutiny. This paper gives a short survey of these intellectually demanding issues. PMID:24596845

  12. A Brief Philosophical Encounter with Science and Medicine

    Directory of Open Access Journals (Sweden)

    Amir Ehsan Karbasizadeh

    2013-01-01

    Full Text Available We show a lot of respect for science today. To back up our claims, we tend to appeal to scientific methods. It seems that we all agree that these methods are effective for gaining the truth. We can ask why science has its special status as a supplier of knowledge about our external world and our bodies. Of course, one should not always trust what scientists say. Nonetheless, epistemological justification of scientific claims is really a big project for philosophers of science. Philosophers of science are interested in knowing how science proves what it does claim and why it gives us good reasons to take these claims seriously. These questions are epistemological questions. Epistemology is a branch of philosophy which deals with knowledge claims and justification. Besides epistemological questions, metaphysical and ethical issues in science are worthy of philosophical scrutiny. This paper gives a short survey of these intellectually demanding issues.

  13. A brief philosophical encounter with science and medicine.

    Science.gov (United States)

    Karbasizadeh, Amir Ehsan

    2013-08-01

    We show a lot of respect for science today. To back up our claims, we tend to appeal to scientific methods. It seems that we all agree that these methods are effective for gaining the truth. We can ask why science has its special status as a supplier of knowledge about our external world and our bodies. Of course, one should not always trust what scientists say. Nonetheless, epistemological justification of scientific claims is really a big project for philosophers of science. Philosophers of science are interested in knowing how science proves what it does claim and why it gives us good reasons to take these claims seriously. These questions are epistemological questions. Epistemology is a branch of philosophy which deals with knowledge claims and justification. Besides epistemological questions, metaphysical and ethical issues in science are worthy of philosophical scrutiny. This paper gives a short survey of these intellectually demanding issues.

  14. The ‘Philosophical paintings’ of the Republic

    Directory of Open Access Journals (Sweden)

    Zacharoula A. Petraki

    2013-09-01

    Full Text Available In this article I examine Plato’s appropriation of poetic language in the Republic and argue that, despite his criticism of poetry in Books 3 and 10, poetic language is justifiably weaved into the philosophical fabric to depict the corrupt, the ugly and the base. In specific terms, Plato’s adaptation of several poetic motifs and images in the Republic becomes more meaningful if we choose to pay attention to Socrates as a quasi painter in the dialogue and interpret his philosophical images as philosophy’s response to the deceptive dramatic representations of poetry. Thus the art of painting, which is also criticised in Republic Book 10, in Plato’s hands becomes a philosophical tool which helps him investigate the relation of our mundane sense-perceptive world to the metaphysical realm of the Ideas and humans’ place in it.

  15. Can One Learn to Think Critically? – A Philosophical Exploration

    Science.gov (United States)

    Raymond-Seniuk, Christy; Profetto-McGrath, Joanne

    2011-01-01

    Within nursing, critical thinking is a required skill that educators strive to foster in their students’ development for use in complex healthcare settings. Hence the numerous studies published measuring critical thinking as a terminal outcome of education. However, an important comparison between different philosophical underpinnings such as person, truth and the nature of nursing, and how one defines and utilizes critical thinking in practice, has been absent from discussions about critical thinking and learning. When one views critical thinking with varying philosophical lenses, important questions are raised and discussion is expanded. These questions illuminate different perspectives of critical thinking and attempt to explore whether critical thinking can be learned in nursing. The implications of taking a single philosophical viewpoint and a pluralistic approach to understanding critical thinking and learning are explored. PMID:21760871

  16. Turing's three philosophical lessons and the philosophy of information.

    Science.gov (United States)

    Floridi, Luciano

    2012-07-28

    In this article, I outline the three main philosophical lessons that we may learn from Turing's work, and how they lead to a new philosophy of information. After a brief introduction, I discuss his work on the method of levels of abstraction (LoA), and his insistence that questions could be meaningfully asked only by specifying the correct LoA. I then look at his second lesson, about the sort of philosophical questions that seem to be most pressing today. Finally, I focus on the third lesson, concerning the new philosophical anthropology that owes so much to Turing's work. I then show how the lessons are learned by the philosophy of information. In the conclusion, I draw a general synthesis of the points made, in view of the development of the philosophy of information itself as a continuation of Turing's work.

  17. Time, chance, and reduction philosophical aspects of statistical mechanics

    CERN Document Server

    Hüttemann, Andreas

    2010-01-01

    Statistical mechanics attempts to explain the behavior of macroscopic physical systems in terms of the mechanical properties of their constituents. Although it is one of the fundamental theories of physics, it has received little attention from philosophers of science. Nevertheless, it raises philosophical questions of fundamental importance on the nature of time, chance and reduction. Most philosophical issues in this domain relate to the question of the reduction of thermodynamics to statistical mechanics. This book addresses issues inherent in this reduction: the time-asymmetry of thermodynamics and its absence in statistical mechanics; the role and essential nature of chance and probability in this reduction when thermodynamics is non-probabilistic; and how, if at all, the reduction is possible. Compiling contributions on current research by experts in the field, this is an invaluable survey of the philosophy of statistical mechanics for academic researchers and graduate students interested in the foundat...

  18. Illuminating Asset Value through New Seismic Technology

    Science.gov (United States)

    Brandsberg-Dahl, S.

    2007-05-01

    The ability to reduce risk and uncertainty across the full life cycle of an asset is directly correlated to creating an accurate subsurface image that enhances our understanding of the geology. This presentation focuses on this objective in areas of complex overburden in deepwater. Marine 3D seismic surveys have been acquired in essentially the same way for the past decade. This configuration of towed streamer acquisition, where the boat acquires data in one azimuth has been very effective in imaging areas in fairly benign geologic settings. As the industry has moved into more complicated geologic settings these surveys no longer meet the imaging objectives for risk reduction in exploration through production. In shallow water, we have seen increasing use of ocean bottom cables to meet this challenge. For deepwater, new breakthroughs in technology were required. This will be highlighted through examples of imaging below large salt bodies in the deep water Gulf of Mexico. GoM - Mad Dog: The Mad Dog field is located approximately 140 miles south of the Louisiana coastline in the southern Green Canyon area in water depths between 4100 feet to 6000 feet. The complex salt canopy overlying a large portion of the field results in generally poor seismic data quality. Advanced processing techniques improved the image, but gaps still remained even after several years of effort. We concluded that wide azimuth acquisition was required to illuminate the field in a new way. Results from the Wide Azimuth Towed Streamer (WATS) survey deployed at Mad Dog demonstrated the anticipated improvement in the subsalt image. GoM - Atlantis Field: An alternative approach to wide azimuth acquisition, ocean bottom seismic (OBS) node technology, was developed and tested. In 2001 deepwater practical experience was limited to a few nodes owned by academic institutions and there were no commercial solutions either available or in development. BP embarked on a program of sea trials designed to both

  19. System and Method for Monitoring Distributed Asset Data

    Science.gov (United States)

    Gorinevsky, Dimitry (Inventor)

    2015-01-01

    A computer-based monitoring system and monitoring method implemented in computer software for detecting, estimating, and reporting the condition states, their changes, and anomalies for many assets. The assets are of same type, are operated over a period of time, and outfitted with data collection systems. The proposed monitoring method accounts for variability of working conditions for each asset by using regression model that characterizes asset performance. The assets are of the same type but not identical. The proposed monitoring method accounts for asset-to-asset variability; it also accounts for drifts and trends in the asset condition and data. The proposed monitoring system can perform distributed processing of massive amounts of historical data without discarding any useful information where moving all the asset data into one central computing system might be infeasible. The overall processing is includes distributed preprocessing data records from each asset to produce compressed data.

  20. Status of the human embryo: Philosophical Foundations from Phenomenology

    Directory of Open Access Journals (Sweden)

    Maria Emilia de Oliveira Schpallir Silva

    2017-10-01

    Full Text Available Given the difficulty in demonstrating the moment of ontogenesis in which personalization takes place, we sought to define, from a philosophic point of view, the nature of the human embryo regarding its individuality, using Phenomenology, specifically reflections of philosophers Bourghet and Merleau-Ponty on the embryo. Although the statement of their individuality does not entail ethical content in itself, from the point of view of ethical responsibility, it is an extremely important fact to be considered in the bioethical reflection about the moment of ontogeny from which human life must (ethical duty be protected.

  1. Philosophical engineering toward a philosophy of the web

    CERN Document Server

    Halpin, Harry

    2013-01-01

    This is the first interdisciplinary exploration of the philosophical foundations of the Web, a new area of inquiry that has important implications across a range of domains. Contains twelve essays that bridge the fields of philosophy, cognitive science, and phenomenologyTackles questions such as the impact of Google on intelligence and epistemology, the philosophical status of digital objects, ethics on the Web, semantic and ontological changes caused by the Web, and the potential of the Web to serve as a genuine cognitive extensionBrings together insightful new scholarship from well-known an

  2. Addressing the Philosophical Confusion Regarding Constructivism in Chemical Education

    Science.gov (United States)

    Bernal, Pedro J.

    2006-02-01

    In the Chemical Education Today section of the May 2003 issue of this Journal , Eric Scerri wrote about the consequences of what he regards as a philosophical confusion in the work of constructivist chemical education researchers. This issue has important implications for both the teaching and practice of science. I offer a view of the confusion that places the emphasis on the careless use of philosophical terms that Scerri noted and on the tendency of psychological constructivists to go from psychological premises to unwarranted epistemological conclusions.

  3. Outsourcing of generating assets as a competitive strategy for large electric customers

    International Nuclear Information System (INIS)

    Giacalone, F.T.; Hocker, C.

    1998-01-01

    The US electric power industry is at a transitional stage on the way to full competition at the retail level. A fundamental difference between wholesale and retail competition is that, with the latter, the end user will have a choice of suppliers. Large electric customers, such as industrial manufacturers, have traditionally had only two choices: to purchase from the local franchise utility or to self-generate. With retail competition, however, these same customers will have not only have many choices of suppliers to compare against the self-generation option, but also will have a new alternative to consider - that of outsourcing their generating assets as a means of retaining effective control, but not necessarily ownership, of their electric supply. Outsourcing of generation assets means turning over complete or partial ownership of these assets to a third party, who then sells the electricity back to the customer at retail. This approach can be advantageous to a customer who wants to achieve one or more of the following benefits that are generally not available in the traditional ''make or buy'' paradigm: monetize (receive cash for) assets to pay down debt or redeploy into its core business; reduce operating and overhead costs; meet increasing power demand without making a significant capital expenditure; retain a significant degree of control over the operation of the assets, rather than turning its source of supply to a utility, independent generator, or power marketer; and move the assets off-balance sheet and off-credit as a means of improving its corporate financial position. Outsourcing of industrial generation, including most or all of the above benefits has already occurred successfully in a handful of cases, such as the James River and Stone Container mills discussed in this paper

  4. EVALUATION METHODS USED FOR TANGIBLE ASSETS BY ECONOMIC ENTITIES

    OpenAIRE

    Csongor CSŐSZ; Partenie DUMBRAVĂ

    2014-01-01

    At many entities the net asset value is influenced by the evaluation methods applied for tangible assets, because the value of intangible assets and financial assets is small in most cases. The objective of this paper is to analyze the differences between the procedures / methods of evaluation applied by micro and small entities and medium and large entities for tangible assets in Romania and Hungary. Furthermore, we analyze the differences between the procedures / methods of evaluation appli...

  5. The Role of Agribusiness Assets in Investment Portfolios

    OpenAIRE

    Johnson, Michael; Malcolm, Bill; O'Connor, Ian

    2006-01-01

    Investment in agribusiness assets has grown significantly in recent years. The question of interest is whether including agribusiness assets in investment portfolios provide benefits. The effects of diversification by including agribusiness assets in two investment portfolios, a mixed asset portfolio and a diversified share portfolio was investigated using Markowitz’s (1952) Modern Portfolio Theory (MPT) of mean-variance optimization. To measure the performance of agribusiness assets, an in...

  6. Substantiation of the Essence of Intangible Assets in Accounting

    OpenAIRE

    Beskosta Halyna M.

    2013-01-01

    Economic subjects in Ukraine started to use intangible assets in their financial and economic activity more often, but still less than in other countries of the world. One of the reasons is a difficulty in understanding the essence of an intangible asset as an object of accounting. The goal of the article is to identify the essence of intangible assets for accounting in accordance with regulatory documents on accounting of intangible assets. The article justifies essence of intangible assets,...

  7. The Role of Philosophers in RCR Training

    Directory of Open Access Journals (Sweden)

    Gary Comstock

    2014-10-01

    Full Text Available The expanding moral circle lends coherence to the usual hodge-podge of canonical RCR topics.  As it is in a person’s own interest to report falsification, understand fabrication, avoid plagiarism, beware of intuition, and justify one’s decisions, it is useful to begin RCR discussions with the principle that we ought to do what is in our own long-term best interests. As it is in the interest of a person’s research group to articulate their reasons for their conclusions, to write cooperatively, review manuscripts professionally, and report statistics transparently, one can introduce the principle that we ought to keep our promises and contracts. As it is a basic matter of rights to respect human subjects, mentor inclusively, recognize intellectual property, and reveal both conflicts of interests and collaborations with private industry, an RCR instructor can introduce the idea that we ought to respect each individual’s moral rights. Finally, as many animals can feel pain, are subjects of their own lives, and have interests of their own, we must take seriously our role in their welfare as research subjects. In this last step, we expand the circle fully, considering animal experimentation, duties to future generations and the natural environment, and the larger social responsibilities of researchers while adopting a utilitarian principle: We ought to do what will maximize aggregate happiness.

  8. Agility in asset management, or: how to be flexible with assets designed for stability

    NARCIS (Netherlands)

    Ruitenburg, Richard Jacob; Braaksma, Anne Johannes Jan; van Dongen, Leonardus Adriana Maria

    2016-01-01

    Agility is increasingly important in manufacturing. However, thus far little attention has been paid to the agility of the physical assets used in production, which are typically designed for decades of operation in a stable context. This paper investigates the topic of agile Asset Management using

  9. Using Ecological Asset Mapping to Investigate Pre-Service Teachers' Cultural Assets

    Science.gov (United States)

    Borrero, Noah; Yeh, Christine

    2016-01-01

    We examined the impact of a pedagogical strategy, ecological asset mapping, on 19 pre-service teachers' self-exploration, development of respect for others, and critical examination of social injustice. Data were analyzed from participants' ecological asset maps and essays describing the experience of completing and sharing the maps. The analysis…

  10. Macroeconomic Dynamics of Assets, Leverage and Trust

    Science.gov (United States)

    Rozendaal, Jeroen C.; Malevergne, Yannick; Sornette, Didier

    A macroeconomic model based on the economic variables (i) assets, (ii) leverage (defined as debt over asset) and (iii) trust (defined as the maximum sustainable leverage) is proposed to investigate the role of credit in the dynamics of economic growth, and how credit may be associated with both economic performance and confidence. Our first notable finding is the mechanism of reward/penalty associated with patience, as quantified by the return on assets. In regular economies where the EBITA/Assets ratio is larger than the cost of debt, starting with a trust higher than leverage results in the highest long-term return on assets (which can be seen as a proxy for economic growth). Therefore, patient economies that first build trust and then increase leverage are positively rewarded. Our second main finding concerns a recommendation for the reaction of a central bank to an external shock that affects negatively the economic growth. We find that late policy intervention in the model economy results in the highest long-term return on assets. However, this comes at the cost of suffering longer from the crisis until the intervention occurs. The phenomenon that late intervention is most effective to attain a high long-term return on assets can be ascribed to the fact that postponing intervention allows trust to increase first, and it is most effective to intervene when trust is high. These results are derived from two fundamental assumptions underlying our model: (a) trust tends to increase when it is above leverage; (b) economic agents learn optimally to adjust debt for a given level of trust and amount of assets. Using a Markov Switching Model for the EBITA/Assets ratio, we have successfully calibrated our model to the empirical data of the return on equity of the EURO STOXX 50 for the time period 2000-2013. We find that dynamics of leverage and trust can be highly nonmonotonous with curved trajectories, as a result of the nonlinear coupling between the variables. This

  11. Defining ecosystem assets for natural capital accounting

    Science.gov (United States)

    Hein, Lars; Bagstad, Kenneth J.; Edens, Bram; Obst, Carl; de Jong, Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present value of the expected flow of ecosystem services. In this paper we argue that several additional conceptualisations of ecosystem assets are needed to understand ecosystems as assets, in support of ecosystem assessments, ecosystem accounting and ecosystem management. In particular, we define ecosystems’ capacity and capability to supply ecosystem services, as well as the potential supply of ecosystem services. Capacity relates to sustainable use levels of multiple ecosystem services, capability involves prioritising the use of one ecosystem service over a basket of services, and potential supply considers the ability of ecosystems to generate services regardless of demand for these services. We ground our definitions in the ecosystem services and accounting literature, and illustrate and compare the concepts of flow, capacity, capability, and potential supply with a range of conceptual and real-world examples drawn from case studies in Europe and North America. Our paper contributes to the development of measurement frameworks for natural capital to support environmental accounting and other assessment frameworks.

  12. Defining Ecosystem Assets for Natural Capital Accounting.

    Science.gov (United States)

    Hein, Lars; Bagstad, Ken; Edens, Bram; Obst, Carl; de Jong, Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present value of the expected flow of ecosystem services. In this paper we argue that several additional conceptualisations of ecosystem assets are needed to understand ecosystems as assets, in support of ecosystem assessments, ecosystem accounting and ecosystem management. In particular, we define ecosystems' capacity and capability to supply ecosystem services, as well as the potential supply of ecosystem services. Capacity relates to sustainable use levels of multiple ecosystem services, capability involves prioritising the use of one ecosystem service over a basket of services, and potential supply considers the ability of ecosystems to generate services regardless of demand for these services. We ground our definitions in the ecosystem services and accounting literature, and illustrate and compare the concepts of flow, capacity, capability, and potential supply with a range of conceptual and real-world examples drawn from case studies in Europe and North America. Our paper contributes to the development of measurement frameworks for natural capital to support environmental accounting and other assessment frameworks.

  13. Defining Ecosystem Assets for Natural Capital Accounting

    Science.gov (United States)

    Hein, Lars; Bagstad, Ken; Edens, Bram; Obst, Carl; de Jong, Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present value of the expected flow of ecosystem services. In this paper we argue that several additional conceptualisations of ecosystem assets are needed to understand ecosystems as assets, in support of ecosystem assessments, ecosystem accounting and ecosystem management. In particular, we define ecosystems’ capacity and capability to supply ecosystem services, as well as the potential supply of ecosystem services. Capacity relates to sustainable use levels of multiple ecosystem services, capability involves prioritising the use of one ecosystem service over a basket of services, and potential supply considers the ability of ecosystems to generate services regardless of demand for these services. We ground our definitions in the ecosystem services and accounting literature, and illustrate and compare the concepts of flow, capacity, capability, and potential supply with a range of conceptual and real-world examples drawn from case studies in Europe and North America. Our paper contributes to the development of measurement frameworks for natural capital to support environmental accounting and other assessment frameworks. PMID:27828969

  14. Traditional Moral Values of the Oromo of Ethiopia: A Philosophical ...

    African Journals Online (AJOL)

    This is a report of my PhD dissertation titled “Traditional Moral Values of the Oromo of Ethiopia: A Philosophical Appraisal of Gada System”. The dissertation ventures to accomplish three missions – one is the mission of bringing the traditional moral values of the Oromo people to light, the other is to critically evaluate the ...

  15. Lipman, Dewey, and Philosophical Inquiry in the Mathematics Classroom

    Science.gov (United States)

    Kennedy, Nadia Stoyanova

    2012-01-01

    The paper discusses Matthew Lipman's approach to inquiry as shaped and fashioned by John Dewey's model of scientific inquiry. Although Lipman's program adopted the major aspects of Dewey's pedagogy, at least two characteristics of that program stand out as radically different--his use of relatively free-form philosophical discussions to teach…

  16. Odera Oruka's Philosophic Sagacity: Problems and Challenges of ...

    African Journals Online (AJOL)

    This paper examines the implications and challenges of Odera Oruka's conversation approach to the study of contemporary African philosophy as enunciated in his “Philosophic sagacity”. In Oruka's method, African philosophy is conceived as a joint venture and product of both the ancient (traditional) and modern African

  17. Functional Democracy In Nigeria: A Philosophical Evaluation Of ...

    African Journals Online (AJOL)

    This paper centres on a philosophical evaluation of democratic ethics vis- a- vis its functionality in Nigeria. It outlines the qualities of a genuine democracy having adequately conceptualised the term and its associated problems in the Nigerian context. The paper concludes with suggestions that would improve the ...

  18. Philosophical Thinking and the Concept of Security in the ...

    African Journals Online (AJOL)

    The paper seeks to unpack the essentially contested concept of security, exposing its deep philosophical bases, for a better understanding of the concept by theorists involved in its interrogation. Relying on analytic and reflectively interrogative methods of social inquiry, the study has two inter-related objectives. First ...

  19. A discourse on moderation as a philosophical concept | Airoboman ...

    African Journals Online (AJOL)

    This work is a contemporary attempt to revivify interest in the ancient philosophical concept of moderation. It attempts a conceptual analysis of the concept of moderation as virtue. It examined this concept hand in hand with sensual desire and holds that appetites and passions need not be eradicated completely, but instead, ...

  20. Oral tradition in African philosophical discourse: a critique of Sophie ...

    African Journals Online (AJOL)

    This paper seeks to discuss the place of oral tradition in African philosophical discourse. In doing this, the nature of oral tradition as well as its forms is critically discussed taking into cognizance Sophie Oluwole‟s scholarship on oral tradition in African philosophy. Oluwole defends the thesis that oral tradition almost ...

  1. Ethics in the Light Of Wittgenstein | Mulhall | Philosophical Papers

    African Journals Online (AJOL)

    This paper examines a number of ways in which Wittgenstein's later philosophical method has been appropriated for moral philosophy. The work of Paul Johnston, Sabina Lovibond and Cora Diamond is discussed in relation to the following questions. Is there a sustainable distinction between ethics and meta-ethics (in the ...

  2. The philosophical aspect of learning inverse problems of mathematical physics

    Directory of Open Access Journals (Sweden)

    Виктор Семенович Корнилов

    2018-12-01

    Full Text Available The article describes specific questions student learning inverse problems of mathematical physics. When teaching inverse problems of mathematical physics to the understanding of the students brought the information that the inverse problems of mathematical physics with a philosophical point of view are the problems of determining the unknown causes of known consequences, and the search for their solutions have great scientific and educational potential. The reasons are specified in the form of unknown coefficients, right side, initial conditions of the mathematical model of inverse problems, and as a consequence are functionals of the solution of this mathematical model. In the process of learning the inverse problems of mathematical physics focuses on the philosophical aspects of the phenomenon of information and identify cause-effect relations. It is emphasized that in the process of logical analysis applied and humanitarian character, students realize that information is always related to the fundamental philosophical questions that the analysis applied and the humanitarian aspects of the obtained results the inverse problem of mathematical physics allows students to make appropriate inferences about the studied process and to, ultimately, new information, to study its properties and understand its value. Philosophical understanding of the notion of information opens up to students a new methodological opportunities to comprehend the world and helps us to reinterpret existing science and philosophy of the theory related to the disclosure of the interrelationship of all phenomena of reality.

  3. Some Ondo Philosophical Proverbs for Practical Living | Akinmade ...

    African Journals Online (AJOL)

    eye and alert the unheeding ear to the marvels of everyday realities, this paper conceptualizes philosophy and African philosophy, bringing to the fore how in Ondo society man abstracts on events, make generalizations, understands the behaviour of their gods, reflects the ethics of society and philosophizes concerning life ...

  4. Should psychology be ‘positive’? Letting the philosophers speak

    Science.gov (United States)

    Oyebode, Femi

    2014-01-01

    This is a brief commentary on the value of optimism in therapy. It draws on the philosophical writings of Schopenhauer and Aristotle. It suggests that the modern preoccupation with optimism may be as extreme as the bleak pessimistic outlook favoured by Schopenhauer. PMID:25237498

  5. A Philosophical Wish List for Research in Music Information Retrieval

    DEFF Research Database (Denmark)

    Grund, Cynthia M.

    2006-01-01

    Within a framework provided by the traditional trio consisting of metaphysics, epistemology and ethics, a first stab is made at a wish list for MIR-research from a philosophical point of view. Since the tools of MIR are equipped to study language and its use from a purely sonic standpoint, MIR re...

  6. Philosophizing about Teacher Dissatisfaction: A Multidisciplinary Hermeneutic Approach

    Science.gov (United States)

    Santoro, Doris A.

    2015-01-01

    In this methodological reflection, I describe the multidisciplinary hermeneutic process of philosophizing about teacher dissatisfaction. I discuss how philosophy serves as a starting point for interpretive work based on interviews with former teachers and readings of qualitative and quantitative research on teacher attrition and dissatisfaction.…

  7. A Philosophical Perception Of Emotion In Morality | Omoyefa ...

    African Journals Online (AJOL)

    In answering the question what is the standard of morality, some philosophers argue that reason is the moral standard. By reason, they mean whatever action is in accordance with reason is morally right and whatever action is opposed to reason is morally wrong. The rationalists contend further that morality is the function of ...

  8. The Wenzi : creation and manipulation of a Chinese philosophical text

    NARCIS (Netherlands)

    Els, Paul van

    2006-01-01

    The Wenzi is a Chinese philosophical text that is traditionally ascribed to a disciple of Laozi, the alleged founder of Daoism. The text was read, discussed, quoted and admired by the lettered class in imperial China for centuries, until the Northern Song dynasty. From the Southern Song dynasty,

  9. Daring to Question: A Philosophical Critique of Community Music

    Science.gov (United States)

    Kertz-Welzel, Alexandra

    2016-01-01

    Community music is a successful concept in the world of music and music education. Based on ethnomusicological research, community music tries to implement the notion of music for all that transforms societies and people. While celebrating informal learning and the musical amateur, community music has never really been philosophically challenged…

  10. What the Philosophical Interpretation of Quantum Theory Can Accomplish

    Science.gov (United States)

    Carrier, Martin

    I argue that philosophical reflection can contribute to a better understanding of physical theories by performing conceptual clarification, epistemological analysis and ontological exploration. I begin by reconstructing early ontological interpretations of quantum theory, i.e., by explaining Copenhagen instrumentalism and the shift toward a quantum realism. I turn to entanglement, whose chief philosophical challenge is to understand which deeper property of nature it reveals. The trouble is that the EPR-correlations it gives rise to are not produced by common causation. Conceptual analysis shows that this failure is due to the violation of separability in quantum theory. In entangled states, it is the composite state that is primary since it cannot be neatly divided into two states that unambiguously pertain to the partial systems. As a result, total states are not produced by an interaction among the parts. This feature can be interpreted in ontological terms as suggesting a holist picture of nature. Another question of philosophical import concerns the quantum measurement problem and the contribution decoherence makes to its solution. The conceptual point is what, precisely, this problem amounts to and what we require considering it settled. The issue that divides the philosophical factions is whether a solution needs to show that superpositions are actually destroyed or whether it suffices to demonstrate that superpositions become unobservable.

  11. Is 'Education' a Thick Epistemic Concept? | Siegel | Philosophical ...

    African Journals Online (AJOL)

    Is 'education' a thick epistemic concept? The answer depends, of course, on the viability of the 'thick/thin' distinction, as well as the degree to which education is an epistemic concept at all. I will concentrate mainly on the latter, and will argue that epistemological matters are central to education and our philosophical ...

  12. Philosophical foundations of human rights: the Yoruba example ...

    African Journals Online (AJOL)

    Some foundations have been provided for the social validity of human rights in Western philosophical literature. Some African scholars have also sought to ground the notion of human rights within the traditional African cultural beliefs and practices. There is, however, a dearth in literature on the Yoruba notion of human ...

  13. John Locke: A Philosopher of Liberty or Slavery? | Hassan ...

    African Journals Online (AJOL)

    John Locke: A Philosopher of Liberty or Slavery? M Hassan. Abstract. No Abstract. Full Text: EMAIL FULL TEXT EMAIL FULL TEXT · DOWNLOAD FULL TEXT DOWNLOAD FULL TEXT · AJOL African Journals Online. HOW TO USE AJOL... for Researchers · for Librarians · for Authors · FAQ's · More about AJOL · AJOL's ...

  14. Philosophical enquiry as a pedagogical tool to implement the CAPS ...

    African Journals Online (AJOL)

    Windows User

    2016-02-22

    Feb 22, 2016 ... In this paper, we argue that philosophical enquiry, as practised using community of enquiry pedagogy, is an appropriate ... final-year student group consisted of seventy-four students, of whom 30 volunteered to participate in focus group discussions at the end of ..... of disrespect on the social media sites …

  15. Religion and Societal Development: A Philosophical Appraisal of ...

    African Journals Online (AJOL)

    Ike Odimegwu

    Obi: Religion and Societal Development: A Philosophical Appraisal of African Situation. 150 ... concerning the existence, nature, and worship of a deity or deities and divine involvement in the universe and human life. Societal development, on the other, involves the process ... that the present stage of the less developed ...

  16. Human Dignity: Concept, Discussions, Philosophical Perspectives : Interdisciplinary Perspectives

    NARCIS (Netherlands)

    Duwell, Marcus

    The following introduction aims at an overview of relevant conceptual and philosophical distinctions and questions that discussions about human dignity are confronted with. I will mainly focus on questions about ‘human dignity’ that are relevant within the context of the human rights framework.

  17. The Effective Education Professional: Politician, Psychologist, Philosopher, Professor, and Parent.

    Science.gov (United States)

    Bratter, Barbara I.; And Others

    1991-01-01

    Claims crisis in education, in part, has been caused by the rigidity of the education professional to continue in a traditional role. Contends for the school to become more responsive to the psychosocial-educational needs of students, the education professional must expand the pedagogical role to the five Ps: politician, psychologist, philosopher,…

  18. Has Adult Education any Philosophical Basics? | Akpama | Sophia ...

    African Journals Online (AJOL)

    This paper attempts to prove that the emerging discipline of Adult Education has philosophical basics which form the hub of its theory and practice. Skeptics and some non-professionals widely ridicule and misjudge the discipline of adult education as lacking intellectual depth and value assumptions to befit the status of a ...

  19. Philosophical and Pedagogical Principles of Transnational Higher Education Development

    Science.gov (United States)

    Leshchenko, Maria; Avshenyuk, Nataliya

    2015-01-01

    The philosophical and pedagogical principles of transnational higher education development in the second half of the XX--at the beginning of the XXI century are revealed based on the authentic scientific research sources and reflections of prominent scientists. Review of scientific works, devoted to the problems of education transnationalization,…

  20. Integrating philosophical and bioethical perspectives in life sciences ...

    African Journals Online (AJOL)

    This article attempts to contextualise and highlight the need for integration of philosophical and bioethical perspectives in curriculation for courses at tertiary level in order to provide students with opportunities to engage with these issues in preparing them to be responsible teaching facilitators. To arrive at norms and values ...

  1. Citizenship Education and Philosophical Enquiry: Putting Thinking Back into Practice

    Science.gov (United States)

    Garratt, Dean; Piper, Heather

    2012-01-01

    In this article, we argue for a purposeful re-introduction of philosophical enquiry to the process and pedagogy of citizenship education. We suggest the development of philosophy and critical thinking skills may usefully improve social and political awareness in young people. Moving beyond the boundary of the formal curriculum, we encourage the…

  2. A Philosophical Inquiry into the Nature of Computer Art

    Science.gov (United States)

    Humphries, Holle

    2003-01-01

    The most important step in leading students in an exploration of the philosophical issues regarding art created with a computer is first to guide them in exploring ontological concepts and questions asked about the nature of art and computer art, before investigating related issues of epistemology, value, and criticism. Students need to understand…

  3. A Philosophical Approach to Claims about Vaccinations and Autism

    Science.gov (United States)

    Talavera, Isidoro

    2017-01-01

    By highlighting the critical thinking that (1) analyzes and evaluates arguments for claims about vaccinations and autism, and (2) engages in a form of methodological skepticism that systematically and continuously asks Critical Questions, a philosophical approach is introduced to deal directly and systematically with students' (and publicly…

  4. More than "Mere Ideas": Deweyan Tools for the Contemporary Philosopher

    Science.gov (United States)

    Stengel, Barbara

    2009-01-01

    John Dewey was born into a world ripe for philosophical reconstruction, as scientific advancement, technological innovation, and social reinterpretation reconfigured the intellectual landscape. Dewey rendered his world intelligible through three important "moral ideas": (1) The voice and the perspective of "the other" is an essential source for…

  5. Opportunities and Possibilities: Philosophical Hermeneutics and the Educational Researcher

    Science.gov (United States)

    Agrey, Loren G.

    2014-01-01

    The opportunities that philosophical hermeneutics provide as a research tool are explored and it is shown that this qualitative research method can be employed as a valuable tool for the educational researcher. Used as an alternative to the standard quantitative approach to educational research, currently being the dominant paradigm of data…

  6. Prisoners' Right to Education: A Philosophical Survey

    Science.gov (United States)

    Vorhaus, John

    2014-01-01

    Article 26 of the Universal Declaration of Human Rights declares: "Everyone has the right to education." This implies that the right to education and training applies to all persons, including all persons in prison. This position is considered here from a philosophical point of view and it will receive some support. Yet it is not obvious…

  7. Scientific attitude in political inquiry: A philosophical appraisal ...

    African Journals Online (AJOL)

    ... what “man” aims for are peace, happiness and development. There is also an imperative need for integration of methodological individualism (a derivative of scientific attitude) and the methodological holism (a derivation of the artistic attitude) and for this to be successful has to rest on philosophical ontology and ethics.

  8. Why People are Atypical Agents | Ross | Philosophical Papers

    African Journals Online (AJOL)

    In this paper, I argue that the traditional philosophical approach of taking cognitively and emotionally competent adult people to be the prototypical instances of agency should be revised in light of current work in the behavioral sciences. Logical consistency in application is better served by taking simple goal-directed and ...

  9. Social research design: framework for integrating philosophical and practical elements.

    Science.gov (United States)

    Cunningham, Kathryn Burns

    2014-09-01

    To provide and elucidate a comprehensible framework for the design of social research. An abundance of information exists concerning the process of designing social research. The overall message that can be gleaned is that numerable elements - both philosophical (ontological and epistemological assumptions and theoretical perspective) and practical (issue to be addressed, purpose, aims and research questions) - are influential in the process of selecting a research methodology and methods, and that these elements and their inter-relationships must be considered and explicated to ensure a coherent research design that enables well-founded and meaningful conclusions. There is a lack of guidance concerning the integration of practical and philosophical elements, hindering their consideration and explication. The author's PhD research into loneliness and cancer. This is a methodology paper. A guiding framework that incorporates all of the philosophical and practical elements influential in social research design is presented. The chronological and informative relationships between the elements are discussed. The framework presented can be used by social researchers to consider and explicate the practical and philosophical elements influential in the selection of a methodology and methods. It is hoped that the framework presented will aid social researchers with the design and the explication of the design of their research, thereby enhancing the credibility of their projects and enabling their research to establish well-founded and meaningful conclusions.

  10. New Perspectives in Special Education: Contemporary Philosophical Debates

    Science.gov (United States)

    Farrell, Michael

    2012-01-01

    This book should be read by everyone who wants to understand special education today. "New Perspectives in Special Education" opens the door to the fascinating and vitally important world of theory that informs contemporary special education. It examines theoretical and philosophical orientations such as "positivism", "poststructuralism" and…

  11. Higher education and general studies in Nigeria: A philosophical ...

    African Journals Online (AJOL)

    Higher education and general studies in Nigeria: A philosophical investigation. ... Mgbakoigba: Journal of African Studies ... national policy on education on tertiary or higher education reveals a startling chasm of gap between the goals of the policy through General Studies Programme and their expected actualizations.

  12. Regret Theory and Equilibrium Asset Prices

    Directory of Open Access Journals (Sweden)

    Jiliang Sheng

    2014-01-01

    Full Text Available Regret theory is a behavioral approach to decision making under uncertainty. In this paper we assume that there are two representative investors in a frictionless market, a representative active investor who selects his optimal portfolio based on regret theory and a representative passive investor who invests only in the benchmark portfolio. In a partial equilibrium setting, the objective of the representative active investor is modeled as minimization of the regret about final wealth relative to the benchmark portfolio. In equilibrium this optimal strategy gives rise to a behavioral asset priciting model. We show that the market beta and the benchmark beta that is related to the investor’s regret are the determinants of equilibrium asset prices. We also extend our model to a market with multibenchmark portfolios. Empirical tests using stock price data from Shanghai Stock Exchange show strong support to the asset pricing model based on regret theory.

  13. INTANGIBLE ASSETS EVALUATION FOR THE KNOWLEDGE MANAGEMENT

    Directory of Open Access Journals (Sweden)

    Wellington Washington Cantelli

    2006-11-01

    Full Text Available In the history of civilizations, knowledge has always been highlighted, mainly because of its close relation with power. In the modern world, where the efficiency in solving problems has become the main component for the success of companies and the knowledge is responsible for putting some companies ahead in competitions, it is necessary to insert them in the management models as well as finding a way to measure them. Measuring the knowledge and other intangible assets, has been discussed among university students and in companies which are more worried about knowledge. There are some controversies about this subject because its high level of subjectivity, when measuring the intangible assets. This article aims to show the main methods to evaluate the intangible assets versus the traditional ones.

  14. Entropy-based financial asset pricing.

    Science.gov (United States)

    Ormos, Mihály; Zibriczky, Dávid

    2014-01-01

    We investigate entropy as a financial risk measure. Entropy explains the equity premium of securities and portfolios in a simpler way and, at the same time, with higher explanatory power than the beta parameter of the capital asset pricing model. For asset pricing we define the continuous entropy as an alternative measure of risk. Our results show that entropy decreases in the function of the number of securities involved in a portfolio in a similar way to the standard deviation, and that efficient portfolios are situated on a hyperbola in the expected return-entropy system. For empirical investigation we use daily returns of 150 randomly selected securities for a period of 27 years. Our regression results show that entropy has a higher explanatory power for the expected return than the capital asset pricing model beta. Furthermore we show the time varying behavior of the beta along with entropy.

  15. Modelling the Costs of Preserving Digital Assets

    DEFF Research Database (Denmark)

    Kejser, Ulla Bøgvad; Nielsen, Anders Bo; Thirifays, Alex

    2012-01-01

    and the benefits accrued by preserving the assets. Cost data is also needed for optimizing activities and comparing the costs of different preservation alternatives. The purpose of this study is to analyse generic requirements for modelling the cost of preserving digital assets. The analysis was based......Information is increasingly being produced in digital form, and some of it must be preserved for the longterm. Digital preservation includes a series of actively managed activities that require on-going funding. To obtain sufficient resources, there is a need for assessing the costs...... on experiences from a Danish project to develop a cost model. It was found that a generic cost model should account for the nature of the organisation and the assets to be preserved, and for all major preservation activities and cost drivers. In addition, it should describe accounting principles. It was proposed...

  16. Investments in fixed assets and depreciation of fixed assets: theoretical and practical aspects of study and analysis

    Directory of Open Access Journals (Sweden)

    Irina D. Demina

    2017-01-01

    Full Text Available It is indicated that domestic economy is experiencing a shortage of investment.The acceleration of the processes of import substitution is one of the most important challenges facing the domestic economy at present.Investments, especially capital investments and related investment relations constitute the basis for the development of the national economy and improving the efficiency of social production as a whole. A problem of formation of the amortization fundremains actual at the moment. In the modern scientific and educational literature amortization fund means the fund, including the use of funds to complete the restoration and repair of the fixed assets. This paper makesthe analysis of the situation in the area of investment in the fixed capital, which has developed in Russia for the past severalyears. The aim of this paper is to study the investment climate in the country based on the analysis of investments in the fixed capital by the sources of financing and types of the economic activity. The work is based on dynamic and structural analysis of analytical and statistical information on the processes occurring in this field.As a result, it can be noted that in spite of a number of efforts being made, in general, there are low growth rates in industry, there is a deficit of investments in the fixed assets. Most of the investments in fixed assets are carried out at the expense of the organizations’ own funds. A significant number of economic entities do not have the means, necessary for the technological renewal. Unfortunately, the regulatory framework in the field of accounting for the fixed assets and accrual of depreciation does not imply the use of a special account for the accumulation, and, most importantly, for the purposeful control of the use of the depreciation fund.First of all, it is necessary for companies with state participation and monopoly organizations. The lack of control over the targeted use of the depreciation fund

  17. Sea level change: a philosophical approach

    Science.gov (United States)

    Leinfelder, R.; Seyfried, H.

    1993-07-01

    The present Cenozoic era is an ‘icehouse’ episode characterized by a low sea level. Since the beginning of the industrial revolution, the human race has been emitting greenhouse gases, increasing the global atmospheric temperature, and causing a rise in sea level. If emissions continue to increase at the present rate, average global temperatures may rise by 1.5°C by the year 2050, accompanied by a rise of about 30 cm in sea level. However, the prediction of future climatic conditions and sea level is hampered by the difficulty in modelling the interactions between the lithosphere, kryosphere, biosphere and atmosphere; in addition, the buffering capacity of our planet is still poorly understood. As scientists cannot offer unambiguous answers to simple questions, sorcerer's apprentices fill in the gaps, presenting plans to save planet without inconveniencing us. The geological record can help us to learn about the regulation mechanisms of our planet, many of which are connected with or expressed as sea level changes. Global changes in sea level are either tectono-eustatic or glacioeustatic. Plate tectonic processes strongly control sea levels and climate in the long term. There is a strong feed-back mechanism between sea level and climate; both can influence and determine each other. Although high sea levels are a powerful climatic buffer, falling sea levels accelerate climatic accentuation, the growth of the polar ice caps and will hence amplify the drop in sea level. Important sources of fossil greenhouse gases are botanic CO2 production, CO2 released by volcanic activity, and water vapour. The latter is particularly important when the surface area of the sea increases during a rise in sea level (‘maritime greenhouse effect’). A ‘volcanogenic greenhouse effect’ (release of volcanogenic CO2) is possibly not equally important, as intense volcanic activity may take place both during icehouse episodes as well as during greenhouse episodes. The hydrosphere

  18. Three-dimensional GIS approach for management of assets

    Science.gov (United States)

    Lee, S. Y.; Yee, S. X.; Majid, Z.; Setan, H.

    2014-02-01

    Assets play an important role in human life, especially to an organization. Organizations strive and put more effort to improve its operation and assets management. The development of GIS technology has become a powerful tool in management as it is able to provide a complete inventory for managing assets with location-based information. Spatial information is one of the requirements in decision making in various areas, including asset management in the buildings. This paper describes a 3D GIS approach for management of assets. An asset management system was developed by integrating GIS concept and 3D model assets. The purposes of 3D visualization to manage assets are to facilitate the analysis and understanding in the complex environment. Behind the 3D model of assets is a database to store the asset information. A user-friendly interface was also designed for more easier to operate the application. In the application developed, location of each individual asset can be easily tracked according to the referring spatial information and 3D viewing. The 3D GIS approach described in this paper is certainly would be useful in asset management. Systematic management of assets can be carried out and this will lead to less-time consuming and cost-effective. The results in this paper will show a new approach to improve asset management.

  19. Three-dimensional GIS approach for management of assets

    International Nuclear Information System (INIS)

    Lee, S Y; Yee, S X; Majid, Z; Setan, H

    2014-01-01

    Assets play an important role in human life, especially to an organization. Organizations strive and put more effort to improve its operation and assets management. The development of GIS technology has become a powerful tool in management as it is able to provide a complete inventory for managing assets with location-based information. Spatial information is one of the requirements in decision making in various areas, including asset management in the buildings. This paper describes a 3D GIS approach for management of assets. An asset management system was developed by integrating GIS concept and 3D model assets. The purposes of 3D visualization to manage assets are to facilitate the analysis and understanding in the complex environment. Behind the 3D model of assets is a database to store the asset information. A user-friendly interface was also designed for more easier to operate the application. In the application developed, location of each individual asset can be easily tracked according to the referring spatial information and 3D viewing. The 3D GIS approach described in this paper is certainly would be useful in asset management. Systematic management of assets can be carried out and this will lead to less-time consuming and cost-effective. The results in this paper will show a new approach to improve asset management

  20. System development and asset management under restructuring

    International Nuclear Information System (INIS)

    2007-01-01

    In many developed countries the electricity infrastructure contains ageing assets. Because of the need of a continuing operation and higher load factors on the network, the opportunities for replacement or refurbishment are limited. These must be regarded as an opportunity to review the structure of the system and to consider the design and development required to meet the new requirements, taking advantage of new available technologies: HVDC, FACTS, cables, etc. The symposium examines assets management issues and assesses strategies for overhauling existing systems, taking into account the impact on market operation, on supply security and environment

  1. Does Central Bank Tone Move Asset Prices?

    DEFF Research Database (Denmark)

    Schmeling, Maik; Wagner, Christian

    We explore whether the tone of central bank communication matters for asset prices. Using press conference statements by the ECB, which was the first central bank to establish live press conferences after meetings of its Governing Council, we find that tone changes have a statistically...... fundamentals, these results support the conjecture that central bank tone matters for asset prices through a risk-based channel. Our main findings also apply to U.S. markets, where stock prices and Treasury yields increase when the Fed chair’s tone in the Congressional Testimony becomes more positive....

  2. INTANGIBLE ASSETS – AN OPEN ISSUE

    Directory of Open Access Journals (Sweden)

    Cristina-Ionela Fadur

    2011-12-01

    Full Text Available We live in an ever more competitive, globalized world, in continuous technological evolution. Optimal resource management implies detailed knowledge on the value of intangible assets. In the present article, we aim to analyze the issue of intangible assets from the perspective of the Spanish accounting system, in order to identify the similarities and differences between it and the Romanian accounting system. The purpose of our approach is to complete the stage of knowledge concerning intangible capital – the hidden fortune of the new economy.

  3. Managing Guest as an Asset: a Conceptual Review in the Context of Accommodation Services

    Directory of Open Access Journals (Sweden)

    Dwi Suhartanto

    2015-10-01

    Full Text Available This article discusses the concept of a customer as an asset of business in the accommodation industry. The purpose of this article is to examine the value of guests as a firm asset and to propose a model for managing guests as an asset in the context of accommodation services. A guest is considered an asset due to its role in providing revenue to the accommodation firm. Because of this role, the accommodation guest needs to be managed appropriately. This article argues that guest service evaluation (i.e. service quality, perceived value, and guest satisfaction and service loyalty are important factors in the development of guest lifetime value. The proposed model of managing guests as an asset consists of marketing instruments, service evaluation, guest loyalty, and financial outcomes provides a comprehensive guide on how accommodation firms can manage the lifetime value of their guests. Finally, as there are limited studies examining this issue, future research should test the proposed model.

  4. The point of view of religious authorities and philosophers on nuclear energy - Philosophy

    International Nuclear Information System (INIS)

    Anon.

    2016-01-01

    This article is the reporting of an interview made with Jacques Arnould, a science historian and philosopher. The philosopher thinks that the main problem of sciences and technologies is the lack of questioning about the real purpose of developing new technologies. Are they developed for the well-being and comfort of mankind or for the sole business and economical aspects? The response to this basic question is fundamental for the long-term acceptance of controversial technologies. In 2009 in the strong debate that took place on nano-technologies, the question of 'why this technology' was never asked and the debate was bogged down in technical issues. The consequences: 10 years later we are still at the same point. For nuclear technologies the ethical aspect is even more important because we engage future generations through the disposal of radioactive wastes. The nuclear risk should be balanced by the response to the why question: do we accept this risk because we want to provide humanity with plentiful non-carbon energy or because we want to develop an industrial sector? the ethical aspect is fundamental to deal with in terms of public acceptance. (A.C.)

  5. Cosmos of science philosophical problems of the internal and external worlds

    CERN Document Server

    Earman, John

    1998-01-01

    The inaugural volume of the series, devoted to the work of philosopher Adolf Grünbaum, encompasses the philosophical problems of space, time, and cosmology, the nature of scientific methodology, and the foundations of psychoanalysis.

  6. Shared failure data for strategic asset management

    NARCIS (Netherlands)

    Vreeburg, J.H.G.; Vloerbergh, I.N.; Thienen, van P.; Bont, de R.

    2013-01-01

    Failure data are a valuable source of information on the condition of underground assets. Systematic registration of relevant items on cause, nature and circumstances of each occurring failure is, however, complicated in day-to-day practice. Moreover, in a network of limited size it takes a long

  7. Asset Management: A Maintenance Engineers View

    NARCIS (Netherlands)

    van Dongen, Leonardus Adriana Maria

    2015-01-01

    In the past, assets were designed in large construction teams but companies in recent decades focus more and more on their core activities. The management of capital goods is being organized in the (supply) chain of owners, users, manufacturers, research institutes, IT, service providers and so on.

  8. Downside Risk And Empirical Asset Pricing

    NARCIS (Netherlands)

    P. van Vliet (Pim)

    2004-01-01

    textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40th birthday. Although widely applied in financial management, this model does not fully capture the empirical riskreturn relation of stocks; witness the beta, size, value and momentum effects. These

  9. Regionalisation of asset values for risk analyses

    Directory of Open Access Journals (Sweden)

    A. H. Thieken

    2006-01-01

    Full Text Available In risk analysis there is a spatial mismatch of hazard data that are commonly modelled on an explicit raster level and exposure data that are often only available for aggregated units, e.g. communities. Dasymetric mapping techniques that use ancillary information to disaggregate data within a spatial unit help to bridge this gap. This paper presents dasymetric maps showing the population density and a unit value of residential assets for whole Germany. A dasymetric mapping approach, which uses land cover data (CORINE Land Cover as ancillary variable, was adapted and applied to regionalize aggregated census data that are provided for all communities in Germany. The results were validated by two approaches. First, it was ascertained whether population data disaggregated at the community level can be used to estimate population in postcodes. Secondly, disaggregated population and asset data were used for a loss evaluation of two flood events that occurred in 1999 and 2002, respectively. It must be concluded that the algorithm tends to underestimate the population in urban areas and to overestimate population in other land cover classes. Nevertheless, flood loss evaluations demonstrate that the approach is capable of providing realistic estimates of the number of exposed people and assets. Thus, the maps are sufficient for applications in large-scale risk assessments such as the estimation of population and assets exposed to natural and man-made hazards.

  10. Asset Stripping in a Mature Market Economy

    DEFF Research Database (Denmark)

    Klarskov Jeppesen, Kim; Møller, Ulrik Gorm

    2011-01-01

    Purpose – The purpose of this paper is to document a Danish fraud scheme, in which a large number of limited companies were stripped of their assets leaving them with nothing but tax debt, eventually causing the Danish Tax and Customs Administration to lose large sums. Furthermore, the purpose is...... the social supervisory system of a mature market economy. Originality/value – The paper contributes to the knowledge about asset stripping by documenting and analysing the phenomenon in a mature market economy context.......Purpose – The purpose of this paper is to document a Danish fraud scheme, in which a large number of limited companies were stripped of their assets leaving them with nothing but tax debt, eventually causing the Danish Tax and Customs Administration to lose large sums. Furthermore, the purpose...... is to analyse why the asset-stripping schemes occurred in a mature market economy with a strong corporate governance system and a low level of corruption. Design/methodology/approach – The research is conducted as a longitudinal single case study based on documentary research. Findings – The Danish case...

  11. Knowledge as an Asset and Knowledge Management

    OpenAIRE

    Sevinç Gülseçen

    2014-01-01

    The most valuable resource available to any organization today is its knowledge asset which is stored in processes and information systems, corporate data warehouses, employees’ brains, copyrights and patents. Knowledge management is the process of capturing, distributing, and effectively using this knowledge. The factors affecting Knowledge Management can be listed as follows: organizational culture, knowledge manager, the evolution of knowledge, knowledge polution and technology.

  12. The United Kingdom's School Asset Management Plans.

    Science.gov (United States)

    Jones, Alan

    1999-01-01

    Examines the U.K.'s Asset Management Plans (AMPs) designed to help Local Education Authorities (LEAs) identify and address the most important priorities in their school capital programs, and to help in their longer term planning and management of the school estate. Discusses AMP objectives, the stages of developing an AMP, and how the Department…

  13. New Trends in Facility Asset Management.

    Science.gov (United States)

    Adams, Matt

    2000-01-01

    Explains new, positive trends in facility asset management that encompasses greater acceptance and involvement of facility managers in the financial planning process, greater awareness of the need for maintenance, and facility administrators taking a greater role with business officers. The new climate for alternative renewal financing proposals…

  14. The regulation of asset valuation in Germany

    NARCIS (Netherlands)

    Detzen, D.; Hoffman, S.

    2013-01-01

    This article examines the regulatory history of asset valuation in Germany from the fifteenth century to the implementation of the European Economic Community's Fourth Directive in 1986. Aiming to explain regulatory changes by reference to preceding socio-economic and political developments, we find

  15. The Theoretical Underpinnings of Customer Asset Management

    NARCIS (Netherlands)

    R.N. Bolton; K.N. Lemo; P.C. Verhoef (Peter)

    2002-01-01

    textabstractMost research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework ? called CUSAMS -- that enables service organizations to comprehensively assess the value of their

  16. 75 FR 23327 - Asset-Backed Securities

    Science.gov (United States)

    2010-05-03

    ... Office (GAO) notes that 75% of subprime loans were packaged into securities in 2006. See U.S. Government... noting that downgrades were even more frequent and severe for CDOs of ABS with subprime mortgage loans as... Asset Classes (i) Automobiles (ii) Equipment (iii) Student Loans (iv) Floorplan Financings (v) Corporate...

  17. NPP Bohunice experience with ASSET services

    International Nuclear Information System (INIS)

    Klimo, J.

    1996-01-01

    The general description of Bohunice NPP ASSET experience history was given at the last annual workshop in 1995. In my short presentation I would like to pay attention to the progress in this area which was achieved at our NPP during the last year. (author)

  18. Asset Building for and by Young People

    Science.gov (United States)

    Beverly, Sondra G.

    2013-01-01

    This article summarizes the four preceding articles on youth and saving, identifies policy and program implications, and suggests directions for future scholarship. It is clear that saving is difficult for many people and throughout the life course. Efforts to help young people accumulate assets might encourage saving by parents, encourage saving…

  19. Asset Reuse of Images from a Repository

    Science.gov (United States)

    Herman, Deirdre

    2014-01-01

    According to Markus's theory of reuse, when digital repositories are deployed to collect and distribute organizational assets, they supposedly help ensure accountability, extend information exchange, and improve productivity. Such repositories require a large investment due to the continuing costs of hardware, software, user licenses, training,…

  20. INTANGIBLE ASSETS THROUGH THE COHESION POLICY

    Directory of Open Access Journals (Sweden)

    Popescu (Stingaciu Ana-Maria

    2012-07-01

    Full Text Available INTANGIBLE ASSETS THROUGH THE COHESION POLICY Roth Anne-Marie-Monika West University of Timisoara Faculty of Economics and Business Administration Popescu (Stingaciu Ana-Maria West University of Timisoara Faculty of Economics and Business Administration Intangible assets in general and intellectual capital in particular are important to both society and organizations. It can be a source of competitive advantage for business and stimulate innovation that leads to wealth generation. Technological revolutions, the rise of the knowledge-based economy and the networked society have all led to the same conclusion that intangibles and how they contribute to value creation have to be appreciated so that the appropriate decisions can be made to protect and enhance them. The Cohesion Policy represents the main EU measure to ensure a balanced and sustainable growth in Europe by promoting harmonious development and reducing the regional disparities. The general objective of the paper is to highlight the important role of the Cohesion Policy in the development of intangible assets. The objectives and the instruments of the Cohesion Policy are designed to support programs on regional development, economic change, enhanced competitiveness and territorial cooperation through the European Union, to develop human resources and employability. Keywords: intangible assets, intellectual capital, Cohesion policy, development; JEL Classification: O43, G32, D24, O34