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Singapore’s success in transforming itself from a poor, vulnerable economy to one of the richest countries in the world (IMF, 2016) is nothing short of inspirational to many small economies around the globe. Given its lack of resources, Singapore relied upon foreign investors to fuel its growth not only through cash injection into the economy in the form of Foreign Direct Investments (FDI) but also to help upgrade its skills and technological stock. This study looks at how Singapore inspired many Multi-National Corporations (MNCs) into pouring a large sum of investments into this small ailing citystate and if this idea can be generalized to apply it in other economies, especially in Oman.
In a bid to explain the large flow of Capital into an economy, this study moves on further to review most prominent literature in the field since Macdougall (1958) first laid the groundwork for the subsequent theories on FDI. Based on the review of several previous studies, the most significant determinants of FDI were found to be government policy and political stability, inflation rate as a proxy for economic stability, quality of infrastructure and institutions, market size of the host country, openness to trade, tax policies and access to low cost factors of production.
Through a case study method with the inductive approach, this study finds that Singapore excels in all of the determinants of FDI except for the market size of the host country and access to low-cost factors of production. However, it more than compensates for these shortcomings with its strategic geographical location and numerous bilateral and regional trade agreements that give it access to markets around the region. Oman like Singapore ranks well in many of these determinants that make it a potential destination for investment. However, the sultanate could gain more interest from the MNC’s to help its growth by optimizing its policies to lower existing barriers, easing immigration laws to meet the short term skill shortage, allowing for 100 percent foreign ownership, allowing for more liberal property rights, working to improve corruption perception and opting for more trade agreements to give it easy access to larger markets. Moreover, the economy’s heavy reliance on hydrocarbon exports is seen as a major risk by investors as it creates an economic vulnerability which could potentially overshadow many other benefits of investing in the sultanate. Besides the aforementioned determinants, a lot also depends on the success of Oman’s diversification plans.
The paper is addressing the needs of the universities regarding qualification of students as future R&D specialists in efficient techniques for successfully running innovation process. In comparison with the engineers, the students often demonstrate lower motivation in learning systematic inventive techniques, like for example TRIZ methodology, and prefer random brainstorming for idea generation. The quality of obtained solutions also depends on the level of completeness of the problem analysis, which is more complex and time consuming in the case of interdisciplinary systems. The paper briefly describes one-semester-course of 60 hours in new product development with the Advanced Innovation Design Approach and TRIZ methodology, in which a typical industrial innovation process for one selected interdisciplinary mechatronic product is modelled.
The Thread protocol is a recent development based on 6LoWPAN (IPv6 over IEEE 802.15.4), but with extensions regarding a more media independent approach, which – additionally – also promises true interoperability. To evaluate and analyse the operation of a Thread network a given open source 6LoWPAN stack for embedded devices (emb::6) has been extended in order to comply with the Thread specification. The implementation covers Mesh Link Establishment (MLE) and network layer functionality as well as 6LoWPAN mesh under routing mechanism based on MAC short addresses. The development has been verified on a virtualization platform and allows dynamical establishment of network topologies based on Thread's partitioning algorithm.
OPC UA (Open Platform Communications Unified Architecture) is already a well-known concept used widely in the automation industry. In the area of factory automation, OPC UA models the underlying field devices such as sensors and actuators in an OPC UA server to allow connecting OPC UA clients to access device-specific information via a standardized information model. One of the requirements of the OPC UA server to represent field device data using its information model is to have advanced knowledge about the properties of the field devices in the form of device descriptions. The international standard IEC 61804 specifies EDDL (Electronic Device Description Language) as a generic language for describing the properties of field devices. In this paper, the authors describe a possibility to dynamically map and integrate field device descriptions based on EDDL into OPCUA.
Legacy industrial communication protocols are proved robust and functional. During the last decades, the industry has invented completely new or advanced versions of the legacy communication solutions. However, even with the high adoption rate of these new solutions, still the majority industry applications run on legacy, mostly fieldbus related technologies. Profibus is one of those technologies that still keep on growing in the market, albeit a slow in market growth in recent years. A retrofit technology that would enable these technologies to connect to the Internet of Things, utilize the ever growing potential of data analysis, predictive maintenance or cloud-based application, while at the same time not changing a running system is fundamental.
One of the practical bottlenecks associated with commercialization of lithium-air cells is the choice of an appropriate electrolyte that provides the required combination of cell performance, cyclability and safety. With the help of a two-dimensional multiphysics model, we attempt to narrow down the electrolyte choice by providing insights into the effect of the transport properties of electrolyte, electrode saturation (flooded versus gas diffusion), and electrode thickness on a single discharge performance of a lithium-air button cell cathode for five different electrolytes including water, ionic liquid, carbonate, ether, and sulfoxide. The 2D distribution of local current density and concentrations of electrochemically active species (O2 and Li+) in the cathode is also discussed w.r.t electrode saturation. Furthermore, the efficacy of species transport in the cathode is quantified by introducing two parameters, firstly, a transport efficiency that gives local insight into the distribution of mass transfer losses, and secondly, an active electrode volume that gives global insight into the cathode volume utilization at different current densities. A detailed discussion is presented toward understanding the design-induced performance limitations in a Li-air button cell prototype.
Lithium-ion batteries show a complex thermo-electrochemical performance and aging behavior. This paper presents a modeling and simulation framework that is able to describe both multi-scale heat and mass transport and complex electrochemical reaction mechanisms. The transport model is based on a 1D + 1D + 1D (pseudo-3D or P3D) multi-scale approach for intra-particle lithium diffusion, electrode-pair mass and charge transport, and cell-level heat transport, coupled via boundary conditions and homogenization approaches. The electrochemistry model is based on the use of the open-source chemical kinetics code CANTERA, allowing flexible multi-phase electrochemistry to describe both main and side reactions such as SEI formation. A model of gas-phase pressure buildup inside the cell upon aging is added. We parameterize the model to reflect the performance and aging behavior of a lithium iron phosphate (LiFePO4, LFP)/graphite (LiC6) 26650 battery cell. Performance (0.1–10 C discharge/charge at 25, 40 and 60°C) and calendaric aging experimental data (500 days at 30°C and 45°C and different SOC) from literature can be successfully reproduced. The predicted internal cell states (concentrations, potential, temperature, pressure, internal resistances) are shown and discussed. The model is able to capture the nonlinear feedback between performance, aging, and temperature.
How can manufacturers or service companies provide better services with connected products, without having acquired a powerful IT infrastructure nor the competences for software development?
Today companies can appeal to a relocated-IT-infrastructure provider, which is called Cloud.
Consequently, they do not have to manage and take care of the safety/security aspect, the updates and the breakdown of the infrastructure internally, as those are all managed by the provider.
It is possible to outsource the development of the software of the connected product to an external company. However, the question now is how fast this company can juggle from one Cloud to another in order to fulfil their clients wishes?
neverMind offers a solution based on a multi-protocols-platform linking the different connected products to a multitude of Clouds without having to redesign the whole communication stack/building block for each change in the Cloud-solution. This is the object of my thesis.
The development follows the V-Model, the first steps to understand the complexity of the project were the realisation of the product technical and architectural specifications. The last step before the Implementation was to design in details the progress and the process of every parts of the platform.
The outcome of the requirements analysis led me to divide the project in two parts:
• a “General Interface” acting as a gateway between the Client-application and “Cloud-modules”
• the “Cloud-modules” themselves.
So far, the specifications are drown up; the General Interface and a client example are coded, as well as a first Cloud-module template.