A new strategy for the European periphery
The southern European periphery suffered a severe setback in its catching-up process versus Western Europe after the financial crisis with GDP dropping by 10% between 2008 and 2012 and unemployment rates increasing to 20% for Greece, Portugal and Spain. We analyse first the reason for this setback, and then the policy reaction of the national governments and the European partners. Policy reactions mainly focused on restoring price competitiveness. It has important blind spots as far as industrial restructuring, upgrading tourism, making use of globalisation and alternative energies, supporting business starts, connecting education, as well as innovation and firm creation are concerned. There is a lack of national ownership of the reforms on the one hand, and a neglect of the European community and the surplus countries on the other hand, that they could support the southern periphery by measures increasing welfare in the community as well as in the surplus countries. Surplus countries profit heavily by the bifurcation of interest rates for government bonds and by capital flows.
Why do firms adopt cloud computing? A comparative analysis based on South and North Europe firm data
Abstract In this paper we empirically investigate and compare to what extent Northern and Southern European firms view cloud computing (CC) as a means of: (a) ICT investment reduction; (b) supporting and facilitating product/service innovation and process innovation; (c) experimenting with and exploiting new ICT; and (d) supporting and facilitating electronic innovation collaboration. This is done by estimating econometrically a model of CC adoption propensity containing measures of the four main adoption motives mentioned above besides further variables that are associated with technology adoption and a series of controls for firm size, sector and country affiliation. Our study is based on a dataset collected through the e-Business W@tch Survey of the European Commission from 556 European firms from the glass, ceramic and cement sectors. These findings indicate that Southern European firms are mainly oriented towards ‘first-level’ cost (and especially investment) reduction related benefits from CC as well as from new emerging ICT, while on the contrary Northern European firms are mainly oriented towards ‘second-level’ transformation related benefits from CC, which are associated with support and facilitation of innovation and external collaboration.
Mathematical Modeling of Scour and Deposition
Electronic computers are opening up the field of sedimentation engineering by permitting the analysis of problems which heretofore have required too much time and effort. Movable stream bed profiles are being calculated in addition to water surface profiles. The initial gradation of sediment material in the stream bed may be prescribed to facilitate the calculation of an armor layer. This gradation is continually changed by the computer program in response to sediment particles being deposited on the stream bed and material on the stream bed being removed to satisfy transport capacity. Hydraulic sorting of sediment by grain size is accomodated. The stream bed does not have to be represented by a single grain size. Retardance of motion because of armor layer is calculated.