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This paper explores firms’ strategic options when their investments are subject to the threat of government expropriation. I develop a simple hold-up model of political risk. In the model, a firm decides whether to invest and then the government decides whether to expropriate the firm’s investment or to simply collect normal taxes on its profits. The government is motivated by revenue and a wide range of nonpecuniary factors: its reputation, electoral pressures, patronage opportunities, and pressure from external actors. In the model, the likelihood of expropriation depends on several factors: the firm’s profits, the amount of taxes it pays, the government’s ability to operate the firm’s assets, and the government’s political incentives. Effective management of political risk requires an integrated strategy, consisting not only of public and government relations efforts, but also financial, value chain, and human resources strategies designed to reduce the government’s incentives for expropriation.

This paper aims to present a possible complete set of dimensionless parameters to describe the process of selective laser melting (SLM). This makes it possible to compare the similarity between different experiments, a sine‐qua‐non for a correct comparison of the results.

The paper describes the application of dimensional analysis to SLM.

Although the idea of dimensionless numbers is far from new, it has apparently never been applied rigorously to rapid prototyping and rapid manufacturing technologies. The technique is important, since it reduces the number of factors and makes it possible to compare results of different research groups. Furthermore, some more fundamental insights about the process can be gained.

This work is a first step towards a manageable system to control very difficult processes.

The purpose of this paper is to present an exhaustive review of research studies and activities in the inkjet printing of conductive materials.

This paper gives a detailed literature survey of research carried out in inkjet printing of conductive materials.

This article explains the inkjet printing process and the various types of conductive inks. It then examines the various factors that affect the quality of inkjet printed interconnects such as printing parameters, materials and substrate treatments. Methods of characterising both the inkjet printing process and the electrical properties of printed conductive materials are also presented. Finally relevant applications of this technology are described.

Inkjet printing is currently one of the cheapest direct write techniques for manufacturing. The use of this technique in electronic manufacturing, where interconnects and other conductive features are required is an area of increasing relevance to the fields of electronics manufacturing, packaging and assembly. This review paper would therefore be of great value and interest to this community.

The quality approach, utilizing continuous improvement processes, is widely recognized as a vehicle for better outcomes in health care. In Mongolia, quality health systems have historically been poorly developed. Within the context of overall health reform, Mongolia has been emphasizing the development of quality systems to improve management, efficiency and clinical outcomes and processes. Mongolia has established a framework for quality assurance with the central Ministry of Health taking a lead role in developing and promulgating materials and organizing training. The focus has been on creating a governing system for quality in the health system with processes instituted at the hospital level and upwards in the health structure. In addition, the Mongolian framework has developed a range of indicators to guide the quality process. The commitment to quality is an integral part of comprehensive reform of the health sector in Mongolia and the principles of the quality approach – continuous improvement, customer focus, involvement of stakeholders, and among others – are currently being implemented across the health sector.

This study aims to describe the effects of capillary forces or action, viscosity, gravity and inertia via the computational fluid dynamics (CFD) analysis. The study also includes distribution of the binder droplet over the powder bed after interacting from different heights.

Additive manufacturing (AM) has revolutionized many industries. Binder jetting (BJT) is a powder-based AM method that enables the production of complex components for a wide range of applications. The pre-densification interaction of binder and powder is vital among various parameters that can affect the BJT performance. In this study, BJT process is studied for the binder interaction with the powder bed of SS316L. The effect of the droplet-powder distance is thoroughly analysed. Two different droplet heights are considered, namely, h1 (zero) and h2 (9.89 mm).

The capillary and inertial effects are predominant, as the distance affects these parameters significantly. The binder spreading and penetration depth onto the powder bed is influenced directly by the distance of the binder droplet. The former increases with an increase in latter. The binder distribution over the powder bed, whether uniform or not, is studied by the stream traces. The penetration depth of the binder was also observed along the cross-section of the powder bed through the same.

In this work, the authors have developed a more accurate representative discrete element method of the powder bed and CFD analysis of binder droplet spreading and penetration inside the powder bed using Flow-3D. Moreover, the importance of the splashing due to the binder’s droplet height is observed. If splashing occurs, it will produce distortion in the powder, resulting in a void in the final part.

Directly printing molten metal droplets on a build platform to create full dense metal parts is a promising additive manufacturing process. This study aims of to analyse the effects of the thermal conditions on the resulting tensile properties of parts made from aluminium 4047A built in droplet-based metal printing.

A drop-on-demand print head with pneumatic actuation is used to eject droplets on a nickel sheet mounted on the heated build platform. Tensile specimens are machined from cuboid blocks built by successive droplet deposition and tested in a universal testing machine. The ultimate tensile strength, uniform elongation and yield strength are evaluated and presented. Micro-sections are taken from the printed blocks to examine the internal pores and the metal’s microstructure.

With an increase in the interface temperature the uniform elongation increases from 0.5 to 12%, while the yield strength decreases from 130 to 90 MPa. The ultimate tensile strength increases from 130 MPa to a maximum of 190 MPa at an interface temperature of 530º C and slightly falls for higher interface temperatures. Those values are in the same range as conventionally casted parts of the same alloy. The authors’ hypothesis is that the main effect responsible for the mechanical properties is the wetting of solid material by the liquid droplet and not remelting, as has been reported in literature.

To the best of the authors’ knowledge, this is the first time that mechanical properties of aluminium 4047A built by a droplet-based additive manufacturing process are published for different interface temperatures. It is also the first time that the main effect on mechanical properties is attributed to wetting instead of remelting.

Anchored in the role of a social arbiter, the purpose of this study is to examine whether and how media coverage has an impact on CEO overconfidence and further explore how media ownership and Confucianism affect the relationship in the Chinese context.

Using a sample of 1,492 Chinese listed companies from 2010 to 2015, the study adopts random effects models to empirically analyze the effect of media coverage on CEO overconfidence and the roles of media ownership and Confucianism.

The paper finds that media coverage is significantly and positively associated with CEO overconfidence, and the positive relationship between media coverage and CEO overconfidence becomes stronger for state-controlled media. What is more, the influence of media coverage on CEO overconfidence is attenuated for those firms located in stronger Confucianism atmosphere. A further analysis reveals that different tenors of media coverage yield asymmetric effects.

The paper provides a new and solid support for the argument that media praise stimulates CEO overconfidence and increases the knowledge about under what conditions CEO overconfidence varies, broadly speaking which fosters the development of upper echelons theory (UET). Meanwhile, the results extend the literature on media effect and information processing. The findings are also beneficial to improve corporate decisions and government regulation on Chinese media systems.

This paper aims to study multiobjective genetic algorithm ability in determining the process parameter and postprocess condition that leads to maximum relative density (RD) and minimum surface roughness (Ra) simultaneously in the case of a Ti6Al4V sample process by laser beam powder bed fusion.

In this research, the nondominated sorting genetic algorithm II is used to achieve situations that correspond to the highest RD and the lowest Ra together.

The results show that several situations cause achieving the best RD and optimum Ra. According to the Pareto frontal diagram, there are several choices in a close neighborhood, so that the best setup conditions found to be 102–105 watt for laser power followed by scanning speed of 623–630 mm/s, hatch space of 76–73 µm, scanning patter angle of 35°–45° and heat treatment temperature of 638–640°C.

Suitable selection of process parameters and postprocessing treatments lead to a significant reduction in time and cost.

Therefore, the purpose of this study is to understand the relationships between the processing parameters and the geometric form of the produced single tracks, in order to control dimensional quality in future experimentations. The quality of the deposited single track and layer is of prime importance in the selective laser melting (SLM) process, as it affects the product quality in terms of dimensional precision and product performance.

In this paper, a vertical milling machining center equipped with an Ytterbium-fiber laser was used in the SLM experimentation to form single cobalt-chromium-molybdenum (CoCrMo) tracks. The different geometric features and the influence of the scanning parameters on these morphologic characteristics were studied statistically by means of ANOVA.

Evidently, track height (h1) inaccuracy reduced in layer thicknesses between 100 and 200 μm. The re-melt depth (h2) was determined by the energy parameters, with laser power of 325-350 W and scanning speed (SS) of 66.6-83.3 mm/s being the most favorable parameters to obtain the required anchoring. Moreover, a contact angle of 117° was proposed as optimal, as it permitted an adequate overlapping region and a full densification, and, finally, an SS of 50 mm/s and a layer thickness of 250 were suggested for its development.

The comprehension of the phenomena inherent to the process is related to the single track geometrical characteristics, which allow the definition of an optimal value for each factor for a further proposal of processing conditions that can finally derive a higher precision, wetting, density and mechanical properties.

This study aims to motivate the application of some low-cost minerals in synthesizing nanoparticles as effective additives on the performance of liquid crystal (LC) hydroxypropyl cellulose (HPC) nanocomposite film, in comparison with carbon nanoallotrope.

Metallic nanoparticles of vanadium oxide, montmorillonite (MMT) and bentonite were synthesized and characterized by different techniques (Transmission electron microscopy [TEM], X-ray diffraction [XRD] and Fourier transform infrared [FTIR]). While the XRD, FTIR, non-isothermal analysis thermogravimetric analysis, mechanical analysis, scanning electron microscope and polarizing microscope were techniques used to evaluate the key role of metallic nanoparticles on the performance of HPC-nanocomposite film.

The formation of nanoparticles was evidenced from TEM. The XRD and FTIR measurements of nanocomposite films revealed that incorporating the mineral nanoparticles led to enhance the HPCs crystallinity from 14% to 45%, without chemical change of HPC structure. It is interesting to note that these minerals provide higher improvement in crystallinity than carbon nanomaterials (28%). Moreover, the MMT provided film with superior thermal stability and mechanical properties than pure HPC and HPC containing carbon nanoparticles, where it increased the E_a from 583.6 kJ/mol to 669.3 kJ/mol, tensile strength from 2.25 MPa to 2.8 MPa, Young’s modulus from 119 MPa to 124 MPa. As well as it had a synergistic effect on the LC formation and the birefringence texture of the nanocomposites (chiral nematic).

Hydroxylpropyl cellulose-nanocomposite films were prepared by dissolving the HPC powder in water to prepare 50% concentration, (free or with incorporating 5% synthesized nanoparticles). To obtain films with uniform thickness, the prepared solutions were evenly spread on a glass plate via an applicator, by adjusting the thickness to 0.2 mm, then air dried.

These minerals provide higher improvement in crystallinity than carbon nanomaterials (28%), moreover, the MMT and bentonite provided films with superior thermal stability than pure HPC and HPC containing carbon nanoparticles. The mineral nanoparticles (especially MMT nanoclays) had a synergistic effect on LC formation and the birefringence texture of the nanocomposites (chiral nematic).

This study presents the route to enhance the utilization of claystone available in El-Fayoum Province as the precursor for nanoparticles and production high performance LC nanocomposites.

This study presents the route for the valorization of low-cost mineral-based nanoparticles in enhancing the properties of HPC-film (crystallinity, thermal stability, mechanical strength), in comparison with carbon-based nanoparticles. Moreover, these nanoparticles provided more ordered mesophases and, consequently, good synergetic effect on LCs formation and the birefringence texture of the HPC-films.