Papers by Keyword: Economics

Abstract: To achieve sustainable development of Traditional Chinese medicine (TCM) industry we should focus on coordination of resource utilization and environmental protection and carry out utilization of waste as resources in the course of industrialization of TCM resources. The author analyzes the production of waste and the practical significance of waste utilization as resources in the industrialization. Economic analysis is on utilization of waste as resources with four economics principles of cyclic economy, public goods, theory of externality and theory of property right. The analysis provides theoretical basis, causes and a solution to change waste of TCM into resources.

Abstract: With the every ambitious expanding Strategy 2020 of the European Union, to become the most competitive region globally, generates the urgent need to handle multinational (across national) EU and non EU groups in terms of joint training activities. This paper tries to build a bridge between traditional research in terms of national cultures, primarily between the Hofstede and Trompenaars& Hampden-Turner theory buildings and applied methodology. The applied research tackles some first steps in terms of how this traditional research could be applied in education for engineering and business and economics. Thereby showing opportunities to bring a better learning outcome by avoiding cultural "failures" made obvious by this research. The theoretical framework applies into planning phase, delivery phase and follow up phase of the pedagogical cycle.

Abstract: Sufficient and economical power supply is important for an islanded operation mode with renewable energy. This paper deals with the problem of optimizing photovoltaic (PV) and wind turbine (WT) capacities from the point of view of power supply reliability as well as economics. Meteorological data is analyzed, and then PV and WT capacities are optimized to supply the load reliably. The optimization is also discussed when the load profile is changes. Short-term power system operation is also analyzed. Several different cities in China with different climate features are simulated.

Abstract: In this paper, case of hotel in Shanghai was studied, and three kinds of CCHP import solutions are discussed by this algorithm based on real working condition parameters of thermoelectric load. Then, put forward the relative conclusions based on comparison of each scheme and calculation of power supply benefits and heating benefits, from the point of power supply economics and heating economics. So it has certain realistic meaning for the application of CCHP system in city hotel buildings.

Abstract: Petrochemical industry plays a vital role in the world's economic development. However, companies are still faced with a great number of economic loss and a lot of safety investment activities, thus, it needs to study and discuss the theories and methods of safety economics so as to guide economic activities and make enterprises gain the greatest safety benefits. This article is in the view of economics and from the perspective of safety investment, which analyzed the importance, characteristics, categories of safety investment and establish a safety investment model. Companies should seek a way to make full use of economic resources and carry out different safety investment policies according to different production methods.

Abstract: Utilization of the otherwise curtailed wind to produce heat is considered an effective solution to combating wind curtailment. This paper studies the economics of wind heating in facilitating wind power integration in China. The operation mode of wind-heating is presented. Factors that impact the economics of wind heating are identified. Economics of wind heating is then analyzed both mathematically and with a case study. Results show that wind-heating helps integrate more wind in the system, but the capital cost of heating station hardly makes the project economically viable. Reducing the capital cost of the project by subsidies can be a good solution for the problem.

Abstract: The purpose of this study is to explore and under purpose of green management, including both from the perspective of business management and the practitioners, the perspective of business management is the triple-bottom-line which consists of the environmental benefits, positive economics effect, and healthy societal images. The triple bottom line captures an expanded spectrum of values and criteria for measuring organizational (and societal) success: economic, ecological and social. Based on the perspective of the practitioners, this study will address two questions: First, what is the Environmental Positioning: Branding for green management Secondly, what are some of the concerns (Environmental impact, the Economics, the Society) Furthermore, this study discusses the case study of corporate company that has implemented green management practices. The analysis and understanding and the purpose of green management have been explored through the case study of Sony. As such, a detailed analysis of green management in high-tech industry has been covered.

Abstract: This paper examines challenges and opportunities for the field of bio-ceramics to achieve innovative solutions in two important areas of healthcare; regenerative medicine and personalized versus statistical-based diagnosis and therapy of individual patients. These opportunities are based upon use of new minimally invasive bio-photonics technology that can produce patient specific cell-based data to minimize costs, time and use of animals in developing and testing new bioactive ceramics. Changing the research culture is necessary to achieve significant improvements in the cost/benefit ratio of healthcare for aging populations. The approaches advocated in this paper have potential to achieve this cultural change.

Abstract: Traceability is a useful approach to reduce information asymmetry and control food safety risks in agri-food supply chain. However at the present stage where development of traceability system in China is not mature, food processors have to take high investment of traceability and benefits into consideration in economic aspect. The paper builds a game-theoretic model to analyze the economic value and feasibility of traceability in agri-food supply chain. It is found that there may be different situations in which the game equilibrium outcomes between two processors are different. However, if the government intervenes, it is shown that government can take action to guide the game equilibrium to the result that both the processors will implement traceability voluntarily.

Abstract: The reliability of the power system is guaranteed mainly by electric network company under the environment of electricity market, the economic factors was considered firstly for each power plant when the maintenance schedule was established. This paper synthesizes all kinds of factors related to the economics, based on which a new model is sets up .The applicability to the power plants economics is verified by a case analysis. Keywords: electricity market; new model; maintenance; economics; reliability; power plant