(Finding) Pathways out of homelessness: An engaged,trans-disciplinary collaborative in the City of Tshwane

ABSTRACT

Street homelessness in the City of Tshwane was brought to public attention in the winter of 2014. This led to a composite research project involving different constituencies, including homeless people, to reflect on ways of addressing street homelessness in the city. This article serves as a conceptual and epistemological introduction to this collaborative research project entitled Pathways Out of Homelessness. The article argues for the use of a broad working definition of street homelessness that allows for complexities of homelessness to emerge, in order to discern diverse and appropriate alternatives.     

Understanding types of organizational networking behaviors in the UK manufacturing sector

This research is aimed at understanding firms' different types of ‘networking behaviors’, i.e., how and why firms affect their strategic network position by activities/routines/practices aimed not just at their business partners, but beyond such direct relationships. Thus, we adopt a network perspective to examine how firms exploit their webs of direct and indirect business relationships in order to assess and embrace the potential opportunities and constraints in the network. Based on the industrial network approach (INA), this exploratory research specifically focuses on networking behaviors in the UK manufacturing sector. Thirty-one semi-structured interviews with executive managers from fifteen firms were conducted. We identify four types of organizational networking behaviors by the way in which firms utilize their web of relationships to achieve certain goals. By using the concept of networking behaviors based on the INA as well as the strong-and-weak-tie argument in economic sociology, purposeful networking behaviors can be categorized into the following: information acquisition, opportunity enabling, strong-tie resource mobilization and weak-tie resource mobilization. These four ‘types’ of organizational networking behaviors provide a deeper understanding of how firms operating in business-to-business exchanges relate to and exploit their webs of direct and indirect relationships, taking into consideration the embeddedness and interconnectedness of the network context.     

Innovativer Energiespeicher Bundeswasserstraßen

The present analysis provides a contribution to the question of how a system integration of large-scale energy storages can be implemented. It is to be investigated if and how federal waterways can be used for this purpose. Initially, a baseline study was carried out in which the federal waterways are systematically assessed with regard to their suitability for/as energy storage systems. Apart from the technical and the hydro mechanical implementation of the storage process, the advantages and disadvantages of the federal waterways in comparison to conventional pump storage stations play a significant role. A presentation and classification of the potentially available canal sections provides an overview of the suitable storage systems of the federal waterways. A specifically designed storage simulation on the basis of a sample application is used, in order to determine the capacity of the canal system for energy storage. Consequently, the simulation showed the theoretical capability of the federal waterways as energy storage systems, through their ability to balance the load and temporal fluctuations of the energy input. The simulation program Matlab was used on the basis of the synthetic load and delivery profiles. Finally, based on the example of the ships lock in Uelzen and the Scharnebeck boats lift, a simulation of the possible re-equipping options will be described, technically abstracted, economically analysed and combined with renewable energy facilities within a virtual power plant. The detailed formulation of further approaches and the calculation of possible application scenarios play a central role within this analysis.     

Moving on from nascent entrepreneurship: measuring cross-national differences in the transition to new business ownership

Nascent entrepreneurship and new business ownership are subsequent stages in the entrepreneurial process. We illustrate how information from the largest internationally harmonized database on entrepreneurship, the Global Entrepreneurship Monitor project, can be used to approximate the entrepreneurial process. We make a methodological contribution by computing the ratio of new business ownership to nascent entrepreneurship in a way that reflects the transition from nascent to new business ownership and provides cross-nationally comparable information on the efficiency of the entrepreneurial process for 48 countries. We report evidence for the validity of the transition ratio by benchmarking it against transition rates obtained from longitudinal studies and by correlating it with commonly used entrepreneurship indicators and macro-level economic indices. The transition ratio enables future cross-national research on the entrepreneurial process by providing a reliable and valid indicator for one key transition in this process.     

Environmental Impact of Foreign vs. Domestic Capital Investment in China

We compare environmental impacts associated with incoming foreign direct investment vs. domestic capital in China. We use aggregate data on Chinese provinces’ economic and pollution indicators to explore the effects of the financial origin of fixed capital. Our simultaneous models consider three prime channels through which these effects work: economic scale, sectoral composition and pollution intensity. Results show that emissions associated with foreign‐financed capital are lower than with domestically financed capital for some but not all of the considered types of pollution.     

Allocative efficiency measurement revisited—Do we really need input prices?

The traditional approach to measuring allocative efficiency exploits input prices, which are rarely known at the firm level. This paper proves allocative efficiency can be measured as a profit-oriented distance to the frontier in a profit-technical efficiency space. This new approach does not require information on input prices. To validate the new approach, we perform a Monte-Carlo experiment providing evidence that the estimates of allocative efficiency employing the new and the traditional approach are highly correlated. Finally, as an illustration, we apply the new approach to a sample of about 900 enterprises from the chemical manufacturing industry in Germany.     

The Value Relevance of Greenhouse Gas Emissions Allowances: An Exploratory Study in the Related United States SO2 Market

This paper examines the valuation implications of greenhouse gas (GHG) emissions allowances. We posit that the value of a firm's bank of emission allowances has two components that are likely to be positively valued by the capital market: (1) an asset value component; and (2) a real option value component. Since the necessary data to examine this research hypothesis in the setting of GHG emission allowances is not yet available, we test our conjecture by examining the value relevance of sulfur dioxide (SO₂) emission allowances held by US electric utilities. Empirical results reveal that the capital market assigns a positive price to a firm's bank of SO₂ emission allowances, consistent with the argument that emission allowances have, at least, an asset value component that is assigned a positive price by the market. We also find weak evidence consistent with the market assigning a real option value to the allowance banks.