The eight Taihang Xing routes are natural passages among Taihang Mountains.As one of the passage,Fukouxing is an important channel for communication between Changzhi City,Shanxi Province and Handan City,Hebei Province...The eight Taihang Xing routes are natural passages among Taihang Mountains.As one of the passage,Fukouxing is an important channel for communication between Changzhi City,Shanxi Province and Handan City,Hebei Province,which deeply influences the development of the history of the two places.As a typical linear cultural heritage,Fukouxing has the basic elements of cultural route,and there are rich tangible cultural heritage along the passage.From the perspective of cultural route,the study identifies and investigates the heritage resources of settlements and tangible heritage along the Fukouxing route,and then puts forward effective heritage protection strategies in accordance with the heritage characteristics of Fukouxing,based on the analysis of heritage value.展开更多
In the last two decades, tangible user interfaces (TUIs) have emerged as a new interface type that interlinks the digital and physical worlds. TUIs show a potential to enhance the way in which people interact with d...In the last two decades, tangible user interfaces (TUIs) have emerged as a new interface type that interlinks the digital and physical worlds. TUIs show a potential to enhance the way in which people interact with digital information. First, this paper exam- ines the existing body of work on tangible user interfaces and discusses their application domains, especially information visualiza- tion. Then it provides a definition of intuitive use and reviews formerly separated ideas on physicality. As interaction has an impact on the overall product experience, we also discuss whether intuitive use influences the users' aesthetic judgements of such products.展开更多
This paper first introduces a way to improve interactivity with high polygon count virtual objects through the "mixed" use of image-based representation within one object. That is, both 3D polygonal and imag...This paper first introduces a way to improve interactivity with high polygon count virtual objects through the "mixed" use of image-based representation within one object. That is, both 3D polygonal and image-based representations are maintained for an object, and switched for rendering depending on the functional requirement of the object. Furthermore, in order to reduce the popping effect and provide smooth and gradual transition during the object representation switch, the object is subdivided with the subdivided parts possibly represented differently, i.e., using 3D models or images. As for the image-based representation, the relief texture (RT) method is used. In particular, through the use of the mixed representation, a new way called TangibleScreen is pro-posed to provide object tangibility by associating the image-based representation with a physical prop (projecting the RTs) in a selective and flexible way. Overall, the proposed method provides a way to maintain an interactive frame rate with selective perceptual details in a large-scale virtual environment, while allowing the user to interact with virtual objects in a tangible way.展开更多
A systematic approach is proposed to the theme of safety,reliability and global quality of complex networks(material and immaterial)by means of special mathematical tools that allow an adequate geometric characterizat...A systematic approach is proposed to the theme of safety,reliability and global quality of complex networks(material and immaterial)by means of special mathematical tools that allow an adequate geometric characterization and study of the operation,even in the presence of multiple obstacles along the path.To that end,applying the theory of graphs to the problem under study and using a special mathematical model based on stochastic geometry,in this article we consider some regular lattices in which it is possible to schematize the elements of the network,with the fundamental cell with six,eight or 2(n+2)obstacles,calculating the probability of Laplace.In this way it is possible to measure the“degree of impedance”exerted by the anomalies along the network by the obstacles examined.The method can be extended to other regular and/or irregular geometric figures,whose union together constitutes the examined network,allowing to optimize the functioning of the complex system considered.展开更多
In the study, analysis was made on present situation and development measures of geographical indications and cultural heritage protection of famous teas in Hubei Province. In addition, 8 related suggestions were prop...In the study, analysis was made on present situation and development measures of geographical indications and cultural heritage protection of famous teas in Hubei Province. In addition, 8 related suggestions were proposed as well.展开更多
Assets devaluating rules are decreed as independent rules for the first time. And this will influence much on enterprises for the new rules are more adjusted in many aspects. Through comparing with the old assets rule...Assets devaluating rules are decreed as independent rules for the first time. And this will influence much on enterprises for the new rules are more adjusted in many aspects. Through comparing with the old assets rules, the paper has analyzed the characteristics of the new assets devaluating rules. Compared with the old rules, the more different characteristics are that in the new rules, assets devaluating confirmation is defined, tangible amount calculation is prescribed in detail, the conception of "Assets Group" is raised for the first time, and the processing method of creditworthiness is set. The most important thing is that the new rules provide that once the assets devaluating preparation is confirmed, it will not be withdraw. At the same times, from comparing the confirmation of devaluating assets, tangible amount and dealing with devaluating loss, assets devaluating influence of the new rules and the old on enterprises' profit and loss is analyzed and an instance is used in the analysis.展开更多
Project financing is independent on the sponsors credit or tangible assets, but in the project's expected reliable, stable cash flow and future earnings as the fund source, and mainly to the project entity assets ...Project financing is independent on the sponsors credit or tangible assets, but in the project's expected reliable, stable cash flow and future earnings as the fund source, and mainly to the project entity assets as a debt security financing. It will be of great theoretical and practical significance by conducting a detailed research on related concept and characteristics.展开更多
Background:The purpose of the study is to understand the role of cash flow sensitivity to investment as a measure of financial constraints among listed Indian manufacturing firms.It also analyses the role of tangibili...Background:The purpose of the study is to understand the role of cash flow sensitivity to investment as a measure of financial constraints among listed Indian manufacturing firms.It also analyses the role of tangibility in alleviating financial constraints.Further,the role of other financial factors in investment decisions is explored.Methods:The study is conducted using the generalized method of moments(GMM)estimator on dynamic panel data for the period of(2009–2015)on 768 listed manufacturing firms.Results:The analysis finds that cash flow sensitivity is a valid measure of financial constraints in the Indian manufacturing sector.Results according to splitting criteria found that investment decisions of standalone firms are more sensitive to cash flow than group affiliated firms.Further,splitting the firms according to market capitalization and tangible net worth reveals a higher degree of cash flow sensitivity by firms with lower market capitalization and asset tangibility.The results for the effects of tangibility of assets on easing financial constraint were found significant only in the case of firms with low tangible net worth and medium market capitalization.Conclusions:The study confirms cash flow sensitivity to investment as a valid measure of financial constraints.It will confirm pooling of internal funds by financially constrained firms to accept profitable investment opportunities in future.Further,it also reports that asset tangibility eases the financial constraints faced by firms.展开更多
The choice of capital structure by firms is a recurring topic of corporate finance and evolving on a theoretical and empirical level. On a theoretical level, scholars propose variations to the models by removing the t...The choice of capital structure by firms is a recurring topic of corporate finance and evolving on a theoretical and empirical level. On a theoretical level, scholars propose variations to the models by removing the theoretical hypothesis or expanding variables considered, likewise, on an empirical level, researchers provide survey, which contributions aimed at increasing the understanding of the phenomenon as a whole, considering the possible events in the variety and variability of firms. In particular, one of the most debated topics in the literature regards the existence or absence of relationship between the choices of financial structure and firm value, or the determination of an optimal leverage for the value. Therefore, the attention of researchers has focused on the identification of relationship between debt and equity that maximizes firm's performance and meet shareholders' expectations in terms of return on capital employed for the same risk. Hence, the aim of this paper is to provide another piece to the cognitive complexity of the phenomenon, focusing the research on Italian firms, given the importance of leverage in the financial structure of Italian firms. The methodology used is based on the analysis conducted using the Mediobanca database aggregated sector by sector to identify the main determinants of financial structure. The conclusion is that it is not possible to say with certainty which financial structure theory better represents the behavior of Italian firms concerning financial structure.展开更多
The significant challenge in human computer interaction is to create tangible interfaces that will make digital world accessible through augmented physical surfaces like walls and windows. In this paper, various acous...The significant challenge in human computer interaction is to create tangible interfaces that will make digital world accessible through augmented physical surfaces like walls and windows. In this paper, various acoustic source localization methods are proposed which have the potential to covert a physical object into a tracking sensitive interface. The Spatial Likelihood method has been used to locate acoustic source in real time by summing the spatial likelihood from all sensors. The source location is obtained from searching the maximum in the likelihood map. The data collected from the sensors is pre-processed and filtered for improvement of the accuracy of source localization. Finally a sensor fusion algorithm based on least squared error is presented to minimize the error while positioning the source. Promising results have been achieved experimentally for the application of acoustic tangible interfaces.展开更多
The purpose of this contribution was to evaluate a recently published atom model for Helium, characterized by a double rotation of the electrons which exhibit perpendicular rotation axes. Thereby, each rotation is ind...The purpose of this contribution was to evaluate a recently published atom model for Helium, characterized by a double rotation of the electrons which exhibit perpendicular rotation axes. Thereby, each rotation is induced by the spin of one electron?[1]. Hereto, a tangible mechanical model was used which facilitated to derive the mathematical formulae as the basics for two-dimensional projections, and—not least—for a digital animation yielding freeze images from different perspectives. The resulting shape of the electron shell turned out to be not spherical. In particular, the total velocity of the electrons is variable since the relative running direction may change—in contrast to the initial assumption—, even leading to an intermittent standstill, and implying a variable kinetic energy. Thus it can be concluded that this model describes a rotating rotor but not the Helium atom, and that it must be abandoned.展开更多
Against the background of rapid urbanization, city memories have been gradually lost. In view of this, historic blocks and ancient buildings are taken as the key points of restoring collective memory spaces of cities,...Against the background of rapid urbanization, city memories have been gradually lost. In view of this, historic blocks and ancient buildings are taken as the key points of restoring collective memory spaces of cities, and Temple of Lord Fan Wenzheng in ancient Huishan Town, Wuxi City as a typical case to define tangible landscape elements in memory spaces. By analyzing the process of restoring buildings, pavements, waters, stone layouts and plants in the temple, practical means of restoring tangible landscapes in city memory spaces were summarized, so as to provide references for protecting original town landscapes, repairing damaged memory spaces, and inheriting city memories.展开更多
A firm’s profitability is critical to its competitiveness and sustainability. This research looked at the elements that influence airline profitability in Nigeria. From 2005 to 2019, two airlines were picked, and the...A firm’s profitability is critical to its competitiveness and sustainability. This research looked at the elements that influence airline profitability in Nigeria. From 2005 to 2019, two airlines were picked, and their data were retrieved from Nigerian Civil Aviation Authority (NCAA). From estimated quarterly panel data using E-views 8 and SPSS 22, the overall findings of the regression study demonstrate that with ROA used as a proxy for profitability, the R-square is 83.6 per cent and 89.4 per cent, respectively for Aero contractors and Medview airline, representing 83.6 per cent and 89.4 per cent of the changes in profitability of the Aero contractors and Medview in the sample, respectively, could be explained by changes in the study’s independent variables, namely growth, liquidity, leverage, lease, tangibility, fuel cost and personnel cost. Besides the total of the explanatory variables, growth, leverage and tangibility are statically significant at a 5% level of significant Aero Contractors. Growth, leverage, leasing cost, fuel cost, and staff cost, on the other hand, are statistically significant at the 5% level of significance for Medview airlines. Profiteering, expansion, leverage, and tangibility are the primary activities of any airline firm. Lease cost, fuel cost, and staff cost show a statistically significant positive link with the profitability metric ROA. As a result, stakeholders of Nigerian airlines should prioritize profitability over other criteria in this study. Airline executives should do a comprehensive analysis of all potential elements impacting their company’s profitability in the literature, including aspects other than economic variables. According to the findings of this study, political issues account for a greater proportion of the reasons why airlines fail in Nigeria.展开更多
The property fight of market is a foundation, on which various kinds of micro tangible property rights and intangible property rights exist and realize, and as an economic category, the property right of market appear...The property fight of market is a foundation, on which various kinds of micro tangible property rights and intangible property rights exist and realize, and as an economic category, the property right of market appears after the class, the state and the equity title. The contents that are involved in the research on the theory and the practice of property fight of market are extensive, including a lot of aspects such as its key theory, the relation between market economy and international competitiveness, etc. Therefore, the research on the property right of market has very important theoretic and practical significance.展开更多
基金Sponsored by Culture,Art,Science Planning and Tourism Research Project of Hebei Province in 2020(HB20-YB099)Social Development Research Project of Hebei Province in 2020(20200302041)。
文摘The eight Taihang Xing routes are natural passages among Taihang Mountains.As one of the passage,Fukouxing is an important channel for communication between Changzhi City,Shanxi Province and Handan City,Hebei Province,which deeply influences the development of the history of the two places.As a typical linear cultural heritage,Fukouxing has the basic elements of cultural route,and there are rich tangible cultural heritage along the passage.From the perspective of cultural route,the study identifies and investigates the heritage resources of settlements and tangible heritage along the Fukouxing route,and then puts forward effective heritage protection strategies in accordance with the heritage characteristics of Fukouxing,based on the analysis of heritage value.
文摘In the last two decades, tangible user interfaces (TUIs) have emerged as a new interface type that interlinks the digital and physical worlds. TUIs show a potential to enhance the way in which people interact with digital information. First, this paper exam- ines the existing body of work on tangible user interfaces and discusses their application domains, especially information visualiza- tion. Then it provides a definition of intuitive use and reviews formerly separated ideas on physicality. As interaction has an impact on the overall product experience, we also discuss whether intuitive use influences the users' aesthetic judgements of such products.
基金Project (No. R01-2006-000-11142-0) supported by the "Teukjung Gicho" Program of the Korea Science Foundation
文摘This paper first introduces a way to improve interactivity with high polygon count virtual objects through the "mixed" use of image-based representation within one object. That is, both 3D polygonal and image-based representations are maintained for an object, and switched for rendering depending on the functional requirement of the object. Furthermore, in order to reduce the popping effect and provide smooth and gradual transition during the object representation switch, the object is subdivided with the subdivided parts possibly represented differently, i.e., using 3D models or images. As for the image-based representation, the relief texture (RT) method is used. In particular, through the use of the mixed representation, a new way called TangibleScreen is pro-posed to provide object tangibility by associating the image-based representation with a physical prop (projecting the RTs) in a selective and flexible way. Overall, the proposed method provides a way to maintain an interactive frame rate with selective perceptual details in a large-scale virtual environment, while allowing the user to interact with virtual objects in a tangible way.
文摘A systematic approach is proposed to the theme of safety,reliability and global quality of complex networks(material and immaterial)by means of special mathematical tools that allow an adequate geometric characterization and study of the operation,even in the presence of multiple obstacles along the path.To that end,applying the theory of graphs to the problem under study and using a special mathematical model based on stochastic geometry,in this article we consider some regular lattices in which it is possible to schematize the elements of the network,with the fundamental cell with six,eight or 2(n+2)obstacles,calculating the probability of Laplace.In this way it is possible to measure the“degree of impedance”exerted by the anomalies along the network by the obstacles examined.The method can be extended to other regular and/or irregular geometric figures,whose union together constitutes the examined network,allowing to optimize the functioning of the complex system considered.
基金Supported by Project of Scientific and Technological Innovations by Ministry of Culture(2011021)Foundation Project of Humanities and Social Sciences of Education Department (11YJA850019)Project supported by "11th Five-Year Plan" of Hubei Socia Sciences Foundation ([2010]274)~~
文摘In the study, analysis was made on present situation and development measures of geographical indications and cultural heritage protection of famous teas in Hubei Province. In addition, 8 related suggestions were proposed as well.
文摘Assets devaluating rules are decreed as independent rules for the first time. And this will influence much on enterprises for the new rules are more adjusted in many aspects. Through comparing with the old assets rules, the paper has analyzed the characteristics of the new assets devaluating rules. Compared with the old rules, the more different characteristics are that in the new rules, assets devaluating confirmation is defined, tangible amount calculation is prescribed in detail, the conception of "Assets Group" is raised for the first time, and the processing method of creditworthiness is set. The most important thing is that the new rules provide that once the assets devaluating preparation is confirmed, it will not be withdraw. At the same times, from comparing the confirmation of devaluating assets, tangible amount and dealing with devaluating loss, assets devaluating influence of the new rules and the old on enterprises' profit and loss is analyzed and an instance is used in the analysis.
文摘Project financing is independent on the sponsors credit or tangible assets, but in the project's expected reliable, stable cash flow and future earnings as the fund source, and mainly to the project entity assets as a debt security financing. It will be of great theoretical and practical significance by conducting a detailed research on related concept and characteristics.
基金This research received no specific grant from any funding agency in the public,commercial,or not-for-profit sectors。
文摘Background:The purpose of the study is to understand the role of cash flow sensitivity to investment as a measure of financial constraints among listed Indian manufacturing firms.It also analyses the role of tangibility in alleviating financial constraints.Further,the role of other financial factors in investment decisions is explored.Methods:The study is conducted using the generalized method of moments(GMM)estimator on dynamic panel data for the period of(2009–2015)on 768 listed manufacturing firms.Results:The analysis finds that cash flow sensitivity is a valid measure of financial constraints in the Indian manufacturing sector.Results according to splitting criteria found that investment decisions of standalone firms are more sensitive to cash flow than group affiliated firms.Further,splitting the firms according to market capitalization and tangible net worth reveals a higher degree of cash flow sensitivity by firms with lower market capitalization and asset tangibility.The results for the effects of tangibility of assets on easing financial constraint were found significant only in the case of firms with low tangible net worth and medium market capitalization.Conclusions:The study confirms cash flow sensitivity to investment as a valid measure of financial constraints.It will confirm pooling of internal funds by financially constrained firms to accept profitable investment opportunities in future.Further,it also reports that asset tangibility eases the financial constraints faced by firms.
文摘The choice of capital structure by firms is a recurring topic of corporate finance and evolving on a theoretical and empirical level. On a theoretical level, scholars propose variations to the models by removing the theoretical hypothesis or expanding variables considered, likewise, on an empirical level, researchers provide survey, which contributions aimed at increasing the understanding of the phenomenon as a whole, considering the possible events in the variety and variability of firms. In particular, one of the most debated topics in the literature regards the existence or absence of relationship between the choices of financial structure and firm value, or the determination of an optimal leverage for the value. Therefore, the attention of researchers has focused on the identification of relationship between debt and equity that maximizes firm's performance and meet shareholders' expectations in terms of return on capital employed for the same risk. Hence, the aim of this paper is to provide another piece to the cognitive complexity of the phenomenon, focusing the research on Italian firms, given the importance of leverage in the financial structure of Italian firms. The methodology used is based on the analysis conducted using the Mediobanca database aggregated sector by sector to identify the main determinants of financial structure. The conclusion is that it is not possible to say with certainty which financial structure theory better represents the behavior of Italian firms concerning financial structure.
文摘The significant challenge in human computer interaction is to create tangible interfaces that will make digital world accessible through augmented physical surfaces like walls and windows. In this paper, various acoustic source localization methods are proposed which have the potential to covert a physical object into a tracking sensitive interface. The Spatial Likelihood method has been used to locate acoustic source in real time by summing the spatial likelihood from all sensors. The source location is obtained from searching the maximum in the likelihood map. The data collected from the sensors is pre-processed and filtered for improvement of the accuracy of source localization. Finally a sensor fusion algorithm based on least squared error is presented to minimize the error while positioning the source. Promising results have been achieved experimentally for the application of acoustic tangible interfaces.
文摘The purpose of this contribution was to evaluate a recently published atom model for Helium, characterized by a double rotation of the electrons which exhibit perpendicular rotation axes. Thereby, each rotation is induced by the spin of one electron?[1]. Hereto, a tangible mechanical model was used which facilitated to derive the mathematical formulae as the basics for two-dimensional projections, and—not least—for a digital animation yielding freeze images from different perspectives. The resulting shape of the electron shell turned out to be not spherical. In particular, the total velocity of the electrons is variable since the relative running direction may change—in contrast to the initial assumption—, even leading to an intermittent standstill, and implying a variable kinetic energy. Thus it can be concluded that this model describes a rotating rotor but not the Helium atom, and that it must be abandoned.
基金Sponsored by National Natural Science Fund(41401152)Humanities and Social Sciences Youth Fund of the Ministry of Education(14YJCZH228)+1 种基金Philosophical and Social Sciences Fund of Universities and Colleges in Jiangsu(2012SJB790028)Key Humanities and Social Sciences Program of Nanjing Institute of Industry Technology(YK13-05-03)
文摘Against the background of rapid urbanization, city memories have been gradually lost. In view of this, historic blocks and ancient buildings are taken as the key points of restoring collective memory spaces of cities, and Temple of Lord Fan Wenzheng in ancient Huishan Town, Wuxi City as a typical case to define tangible landscape elements in memory spaces. By analyzing the process of restoring buildings, pavements, waters, stone layouts and plants in the temple, practical means of restoring tangible landscapes in city memory spaces were summarized, so as to provide references for protecting original town landscapes, repairing damaged memory spaces, and inheriting city memories.
文摘A firm’s profitability is critical to its competitiveness and sustainability. This research looked at the elements that influence airline profitability in Nigeria. From 2005 to 2019, two airlines were picked, and their data were retrieved from Nigerian Civil Aviation Authority (NCAA). From estimated quarterly panel data using E-views 8 and SPSS 22, the overall findings of the regression study demonstrate that with ROA used as a proxy for profitability, the R-square is 83.6 per cent and 89.4 per cent, respectively for Aero contractors and Medview airline, representing 83.6 per cent and 89.4 per cent of the changes in profitability of the Aero contractors and Medview in the sample, respectively, could be explained by changes in the study’s independent variables, namely growth, liquidity, leverage, lease, tangibility, fuel cost and personnel cost. Besides the total of the explanatory variables, growth, leverage and tangibility are statically significant at a 5% level of significant Aero Contractors. Growth, leverage, leasing cost, fuel cost, and staff cost, on the other hand, are statistically significant at the 5% level of significance for Medview airlines. Profiteering, expansion, leverage, and tangibility are the primary activities of any airline firm. Lease cost, fuel cost, and staff cost show a statistically significant positive link with the profitability metric ROA. As a result, stakeholders of Nigerian airlines should prioritize profitability over other criteria in this study. Airline executives should do a comprehensive analysis of all potential elements impacting their company’s profitability in the literature, including aspects other than economic variables. According to the findings of this study, political issues account for a greater proportion of the reasons why airlines fail in Nigeria.
文摘The property fight of market is a foundation, on which various kinds of micro tangible property rights and intangible property rights exist and realize, and as an economic category, the property right of market appears after the class, the state and the equity title. The contents that are involved in the research on the theory and the practice of property fight of market are extensive, including a lot of aspects such as its key theory, the relation between market economy and international competitiveness, etc. Therefore, the research on the property right of market has very important theoretic and practical significance.