Abstract
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Abstract
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Mainstream economists now consider their discipline to be a technical one that is free from ethical concerns. I argue that this view only arose in the twentieth century. In this…
Abstract
Mainstream economists now consider their discipline to be a technical one that is free from ethical concerns. I argue that this view only arose in the twentieth century. In this paper I set out a brief history of economics as a moral science. First, I sketch the evolution of economics before Adam Smith, showing that it was generally (with the exception of the mercantilists) conceived of as a part of moral philosophy. Second, I present elements of the new interpretation of Smith, which show him as a developer of economics as a moral science. Third, I show that even after Smith, up to the beginning of the twentieth century, a number of leading economic theorists envisioned economics as a moral science, either in theory or in practice. Fourth, I sketch the decline of economics as a moral science. The key factor was the emergence and influence of positivism. Overall, I show that the current view of the detachment of economics from morals is alien to much of the history of the discipline.
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Stefan Höhne and Victor Tiberius
The purpose of this study is to formulate the most probable future scenario for the use of blockchain technology within the next 5–10 years in the electricity sector based on…
Abstract
Purpose
The purpose of this study is to formulate the most probable future scenario for the use of blockchain technology within the next 5–10 years in the electricity sector based on today’s experts’ views.
Design/methodology/approach
An international, two-stage Delphi study with 20 projections is used.
Findings
According to the experts, blockchain applications will be primarily based on permissioned or consortium blockchains. Blockchain-based applications will integrate Internet of Things devices in the power grid, manage the e-mobility infrastructure, automate billing and direct payment and issue certificates regarding the origin of electricity. Blockchain solutions are expected to play an important big role in fostering peer-to-peer trading in microgrids, further democratizing and decentralizing the energy sector. New regulatory frameworks become necessary.
Research limitations/implications
The Delphi study’s scope is rather broad than narrow and detailed. Further studies should focus on partial scenarios.
Practical implications
Electricity market participants should build blockchain-based competences and collaborate in current pilot projects.
Social implications
Blockchain technology will further decentralize the energy sector and probably reduce transaction costs.
Originality/value
Despite the assumed importance of blockchain technology, no coherent foresight study on its use and implications exists yet. This study closes this research gap.
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Philip Mark Hackney and Richard Wooldridge
Metal casting industry is in recovery phase after the crisis in 2008; customer demand continues to increase, with 98.6 million metric tons cast in 2011. Traditional ferrous and…
Abstract
Purpose
Metal casting industry is in recovery phase after the crisis in 2008; customer demand continues to increase, with 98.6 million metric tons cast in 2011. Traditional ferrous and non-ferrous casting techniques require one shot or permanent moulds which require tooling to produce. Tooling particularly for developmental projects can be costly and take valuable time to produce. Additive manufacturing (AM) has been used to manufacture sand patterns for metal sand casting using laser sintering and sand bonding. This research aims to focus on characterising the sand-bonded process developed by ExOne GmbhH Germany.
Design/methodology/approach
The approach taken in this research is to evaluate characteristics of parts built in the build volume for dimensional accuracy, tensile and compressive crush strength, density, impact strength and high temperature resistance. These properties are required to compare the 3D sand printing (3DSP) process to direct laser sand sintering (DLSS) and traditional Furan-based casting sand mixtures. The samples were taken from a production machine over a period of 30 days to ensure consistency.
Findings
The 3DSP process has the capability to manufacture sand patterns to an accuracy of ±0.5 mm or error less than 0.3 per cent; it has also demonstrated the best build position to achieve accurate parts. The research has demonstrated the 3DSP patterns are comparable to traditional methods for important casting material characteristics such as tensile, compression and impact strength. It has been shown that the 3DSP process is capable manufacturing significantly larger parts, with build production rates up to 30 times higher compared to similar parts manufactured via the DLSS process.
Research limitations/implications
As they has been very few 3DSP machines sold in Europe and particular UK, they has been little research into this new technique, and, therefore, they is a reliance on machine manufactures data for assessment. This research into 3DSP has increased the knowledge of this process significantly.
Practical implications
This research would be of interest to designers and manufacturing engineers wishing to take advantage of the implications of having new design freedom, tool less manufacturing with short lead times in a wide range of materials using fundamentally tried and tested century’s old casting techniques.
Originality/value
The research for this paper revealed very little published academic research in this area; therefore, this work will increase the body of knowledge for this niche AM process.
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Damien Chaney, Julien Gardan and Julien De Freyman
The purpose of this paper is to present the relationship implications of additive manufacturing (AM), which has the ability to produce layer-by-layer three-dimensional complex…
Abstract
Purpose
The purpose of this paper is to present the relationship implications of additive manufacturing (AM), which has the ability to produce layer-by-layer three-dimensional complex products by adding material in comparison to traditional manufacturing processes which remove material – for industrial marketing.
Design/methodology/approach
After presenting the literature on customer relationships and digital technologies in business-to-business, the study uses a “zoom-out” and “zoom-in” perspective to review the extant literature on AM and then makes study propositions for industrial marketing.
Findings
Through the adoption of AM technologies, the study suggests that firms can improve their level of servitization through customized products, offer more sustainable value propositions and empower their customers through the sale of digital files, which can be considered as levers to strengthen relationships with customers.
Research limitations/implications
This paper makes several propositions regarding the relationship implications of AM for industrial marketing that further research should test.
Practical implications
This paper highlights the relational benefits that adopting AM may represent for companies.
Originality/value
While AM which is considered as an industrial revolution has generated a wide body of research in engineering and operations and technology management sciences, its impact on industrial marketing remains understudied.
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Faizan Ali, Eunhye (Olivia) Park, Junehee Kwon and Bongsug (Kevin) Chae
This paper aims to showcase the trends in the research topics and their contributors over a time period of 30 years in the International Journal of Contemporary Hospitality…
Abstract
Purpose
This paper aims to showcase the trends in the research topics and their contributors over a time period of 30 years in the International Journal of Contemporary Hospitality Management (IJCHM). To be specific, this paper uncovers IJCHM’s latent topics and hidden patterns in published research and highlights the differences across three decades and before and after Social Sciences Citation indexing.
Design/methodology/approach
In total, 1,573 documents published over 199 issues of IJCHM were analyzed using two computational tools, i.e. metaknowledge and structural topic modeling (STM), as the basis of the mixed method. STM was used to discover the evolution of topics over time. Moreover, bibliometrics (and network analysis) were used to highlight IJCHM’s top researchers, top-cited references, the geographical networks of the researchers and differences in the collaborative networks.
Findings
The number of papers published continually increased over time with changes of key researchers publishing in IJCHM. The co-authorship networks have also changed and revealed an increasing diversity of authorship and collaborations among authors in different countries. Moreover, the variety of topics and the relative weight of each topic have also changed.
Research limitations/implications
Based on the findings of this study, theoretical and practical implications for hospitality and tourism researchers are provided.
Originality/value
It is the first attempt to apply topic modeling to a leading academic journal in hospitality and tourism and explore the diversity in contemporary hospitality management research (topics and contributors) from 30 years of published research.
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Kestutis Lekeckas, Julija Stirbe, Kristina Ancutiene and Ruta Valusyte
To explore the influence of various factors on the adhesion strength of 3D printing materials and chiffon fabrics, and to develop an original design clothing prototype with an…
Abstract
Purpose
To explore the influence of various factors on the adhesion strength of 3D printing materials and chiffon fabrics, and to develop an original design clothing prototype with an extended functionality that would be compatible with the specifics of the circular design.
Design/methodology/approach
Four different chiffon fabrics and four 3D printed materials were chosen as the research subjects to determine the influence of various factors on the adhesion strength and ductility. The uniaxial tensile test was used to determine pull-out force and the pull-out elongation from the interlayer.
Findings
3D printed TPU elements can be used to join clothing parts made from low-elasticity chiffon fabrics to improve wearing comfort. In order to comply with the circular economy concept, it is important to select such adhesion parameters of the 3D printed elements and the material system that would ensure wear comfort and withstand wear-level loads; and at the end of the life cycle of a garment, the 3D printed elements could be separated from the product and recycled.
Originality/value
The systems developed can be used to renew and repair products, adding originality, individual touch or additional decorative features, while extending the functional possibilities of clothing items in accordance with circular design principles.
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Davide Aloini, Loretta Latronico and Luisa Pellegrini
In the past decade, in the space industry, many initiatives intended at offering open access to big data from space multiplied. Therefore, firms started adopting business models…
Abstract
Purpose
In the past decade, in the space industry, many initiatives intended at offering open access to big data from space multiplied. Therefore, firms started adopting business models (BMs) which lever on digital technologies (e.g. cloud computing, high-performance computing and artificial intelligence), to seize these opportunities. Within this scenario, this article aims at answering the following research question: which digital technologies do impact which components the BM is made of?
Design/methodology/approach
An exploratory multiple case study approach was used. Three cases operating in the space industry that lever on digital technologies to implement their business were analyzed. Despite concerns regarding reliability and validity, multiple case studies allow greater understanding of causality, and show superiority respect to quantitative studies for theory building.
Findings
Big data, system integration (artificial intelligence, high-performance computing) and cloud computing seem to be pivotal in the space industry. It emerges that digital technologies involve all the different areas and components of the BM.
Originality/value
This paper sheds light on the impact that digital technologies have on the different BM components. It is only understanding which technologies can support the value proposition, which technologies make the infrastructural part able to support this proposition, which technologies may be helpful for delivering and communicating this value to customers and which technologies may help firms to appropriate the value that it is possible to seize the impact of digital technologies on BM.