Search results

The purpose of this paper is to investigate the impact of mechanical vibration on the heat transfer and pressure drop characteristics of semicircular channel printed circuit heat exchangers (PCHEs), while also establishing correlations between vibration parameters and thermal performance.

By combining experimental and numerical simulation methods, the heat transfer coefficient and pressure drop characteristics of supercritical carbon dioxide (S-CO₂) in a semicircular channel with a diameter of 2 mm under vibration conditions were studied. Reinforce the research by conducting computational fluid dynamics studies using ANSYS Fluent 22.0, the experimental results were compared with the numerical simulation results to verify the accuracy of the numerical method.

The use of vibration has the potential to attenuate the degradation of wall heat transfer caused by buoyancy-induced PCHEs on the upward-facing surface. The heat transfer enhancement (HTE) was maximized by an increase of 18.2%, while the pressure drop enhancement (PDE) was elevated by over 25-fold. The capacity to enhance the heat exchange between S-CO₂ and channel walls through increasing vibration intensity is limited, indicating maximum effectiveness in improving thermal performance.

Conducting heat transfer experiments on PCHEs with mechanical vibration enhancement and verifying the accuracy of the vibration numerical model. The relation based on the dimensionless factor is derived. To provide theoretical support for using vibration to enhance the heat transfer capability of PCHEs.

We examine the effectiveness of signaling by disclosing innovation in annual reports in terms of securing R&D subsidies, using a novel text-based measure of firm-level innovation intensity.

The empirical analysis includes regressions with firm and year-fixed effects and an instrumental variable approach. Both mediation and moderation analysis are conducted to identify the plausible channels.

We find that firms are likely to receive research and development (R&D) subsidies if their annual reports contain intensive disclosure of information about innovation. We also identify the site visits by government officials as a plausible channel through which innovation disclosure in annual reports can help firms receive R&D subsidies. Additional analysis shows the main effect of innovation disclosure is especially pronounced in firms with severe information asymmetry and those facing a low-trust environment.

Current studies have shown the effectiveness of signaling in capital markets in terms of securing bank loans and venture capital (Cassar et al., 2015; Hoenig and Henkel, 2015; Connelly et al., 2016; Plummer et al., 2016). It is unclear if such a signaling can attract the attention of government officials. Our results suggest that government officials view annual reports as an important means of mitigating information asymmetry, which in turn helps firms to receive external R&D funding.

This paper aims to explore blockchain integration strategies within a three-level livestock meat supply chain in which consumers have a preference for quality trust in livestock meat products. The paper investigates three questions: First, how does consumers’ preference for quality trust affect blockchain integration and transaction decisions among supply chain participants? Second, under what circumstances will retailers choose to participate in the blockchain? Finally, how can other factors such as blockchain costs and supplier–retailer partnership value affect integration decisions?

This paper formulates a supply chain network equilibrium model and employs the logarithmic-quadratic proximal prediction-correction method to obtain equilibrium decisions. Extensive numerical studies are conducted using a pork supply chain network to analyze the implications of blockchain integration for different supply chain participants.

The results reveal several key insights: First, suppliers’ increased blockchain integration, driven by higher quality trust preference, can negatively affect their profits, particularly, with excessive trust preferences and high blockchain costs. Second, an increase in consumers’ preference for quality trust expands the range of unit operating costs for retailers engaging in blockchain. Finally, the supplier–retailer partnership drives retailer blockchain participation, facilitating enhanced information sharing to benefit the entire supply chain.

This study provides original insights into blockchain integration strategies in an agricultural supply chain through the application of the supply chain network equilibrium model. The investigation of several key factors on equilibrium decisions provides important managerial implications for different supply chain participants to address consumers’ preference for quality trust and enhance overall supply chain performance.