scholarly journals The Prospect of Investment Banking and Arbitration in the Space Economy

2021 ◽  
Author(s):  
Ayobami Bamigboye

Morgan Stanley estimates that the global space industry could generate revenues of more than $1 trillion or more by 2040, up from over $400 billion currently. Do declining launch costs, technological advancements and a rising interest in the public sector make space the next trillion-dollar economy? The dynamics of the space sector has led wall street analysts to forecast that the space industry could become the next trillion-dollar industry by 2040. As of January 2018, the global space economy grew more than 8%, generating $414.75 billion in space activities.With unmanned scientific exploration, high levels of private funding advancement in technology the implications of investment for a more accessible, low cost into outer space is significant, with potential opportunities for improvement of the resources in space for profit-making and expansion of business concerns, the expanding interest of public sector migrate into the shift from private finding to public and herald the entrance of traditional finance There are fortunes and resources in the space economy which aids the activities of humans, as well as the bold exploration of countries to expand research and understand the limits use and the extent to the use in the space economy.This paper seeks to explore the prospects of investment banking activities in the growing space economy, seeing the growing development of exchange-traded funds already being explored in the space economy and the new regulations allowing Wall Street to do Venture Capital which expands the exploration of capital and buttresses the objective of raising capital by a major player, Space X which raised about $44 Billion and so grows the prospect of more banking activity. Furthermore, the possibilities that are inherent in the eventual proliferation of investment banking activities in the space industry will be addressed. In attempting to do justice to such a lofty idea, the universal need for funding in the world of business will be examined as a representation of the intersection between banking interests and space interests. The interplay of factors such as risk and understanding of business processes in the dynamics of any relationship between investment banking and the space industry will also be examined. The purpose of such analysis will be to afford an understanding of the role that investment banking has to play in the space industry, as an over text to the elements and characteristics of space activities that define the rate of the growth of the influence and applicability of investment banking to the peculiar needs and unique concerns associated with the pursuit of profitable business in the space economy. Lastly, this paper looks to give an account of the evolution of Space Dispute Arbitration, and how the existing legal mechanisms in force for directing arbitral awards have evolved in scope and flexibility since the first satellite launch. In general, and as a statement of fundamental purpose, this paper will attempt to provide a wide and sufficiently detailed representation of what the space industry is, the dynamics of space arbitration and how its resultant economic sector functions, in order to hypothesize on the part that investment banking has to play in its growth and in the maximization of its resultant profits for all shareholders involved.”

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Betul Acar Alagoz ◽  
Murat Caner Testik ◽  
Derya Dinler

PurposeThis study aims to create a reliable, collaborative and sustainable business environment with suppliers of a company for providing high-quality and low-cost products on time. A supplier management system that sustains existing suppliers by sharing work based on systematic performance evaluation while developing the supplier base with potential suppliers is proposed.Design/methodology/approachBuilt on quantitative approaches, supplier management functions are integrated in the designed system. A quantitative strengths, weaknesses, opportunities and threats (SWOT) analysis is adapted for evaluating potential suppliers. A multi-objective integer linear programming (ILP) model is developed for the distribution of orders among selected potential and existing suppliers. A performance evaluation scheme based on an exponentially weighted moving average (EWMA) is proposed to evaluate and monitor suppliers' performance over time.FindingsProposed system develops a supplier base by methodically selecting and approving new suppliers, and a sustainable relationship with both new and existing suppliers is established based on performance over time. Decisions on retaining or removing suppliers from the base are objectively made by quantitative evaluations. Orders are fairly distributed among suppliers under the constraints imposed by the management. Dependence on a certain set of suppliers and its associated risks are reduced while agility in offering goods is enabled.Originality/valueBusiness processes for selecting new suppliers, distributing orders among all suppliers, evaluating and monitoring performance over time are quantitatively integrated to add value in operational decision-making. The proposed system is original in the holistic approach for managing and sustaining multiple suppliers of a company based on performance.


2012 ◽  
pp. 26-40
Author(s):  
Bhasker Mukerji ◽  
Ramaraj Palanisamy

The popularity of Open Source Software (OSS) in developing countries is quiet evident from its widespread adoption across government departments and public sector organizations. The use of OSS saves economic resources of cash starved countries, provides an opportunity to promote e-government, and to utilize their resources in other sectors. Many developing countries have a large pool of skilled developers who can modify the source code of the OSS at a very low cost. Many governments in developing and developed countries have switched to OSS which probably encourages others to follow the trend. It was not possible to follow the adoption trend in all the developing countries but the usage of OSS in countries like India, Brazil, and Venezuela provides us an insight. The successful adoption of OSS requires thorough analysis of its advantages as well as the issues associated with it. This chapter will provide an overview of OSS, characteristics of OSS developers, and their motivation to volunteer by contributing in OSS projects, followed by the advantages and issues associated with OSS.


2011 ◽  
pp. 3857-3877
Author(s):  
Hans J. ("Jochen") Scholl

E-government (e-gov) projects have an increasing influence on how government business processes evolve and change. While early e-gov projects focused on government-to-public information and interaction, the second and third wave of e-gov projects also emphasize internal effectiveness and efficiency, along with intra- and interdepartmental as well as intra- and interbranch integration. With these increases in scope and scale of e-gov projects, existing business processes, including core processes, become candidates for improvement and change. While the private-sector-oriented literature on business process change abounds with descriptive and prescriptive accounts, no equivalent has been found in the public-sector-related literature. Although many insights drawn from the private sector may apply, the public sector seems to develop distinct practices. This paper contributes to the understanding of current practices in e-gov-induced business process change, comparing those practices to prescriptions derived from private-sector experience. Among other factors, the more inclusive approach observed in e-gov business process change may explain the higher success rate of public-sector projects compared to those reported from the private sector.


Sensors ◽  
2020 ◽  
Vol 20 (12) ◽  
pp. 3345 ◽  
Author(s):  
Jörgen Sweelssen ◽  
Huib Blokland ◽  
Timo Rajamäki ◽  
Arjen Boersma

Liquid Natural Gas (LNG) is an energy source that is becoming more important in energy transition, as the world is facing lower the CO2 emissions and backup sources for wind and solar energy are needed. LNG is becoming a major player not only as fuel for power plants, but also in transport and mobility. However, the composition of LNG varies significantly between the various production locations around the world, and the layering of hydrocarbons with different molecular weights takes place even in LNG containers. This is especially critical for LNG engines, in which the ignition properties of the gas depend heavily on the fuel quality or Methane Number (MN) of the gas. For optimized engine operation and motor management, this fuel quality should be measured regularly, preferably online and by a small and low-cost sensor. This paper presents two sensor solutions for the assessment of the full gas composition. For both sensors, the standard deviation in the composition of the relevant hydrocarbons was low enough to calculate the Methane Number with an accuracy of approximately 1 MN unit. It was demonstrated that the electronic capacitive sensor was better suited to assess the higher hydrocarbons, whereas the infrared sensor showed higher selectivity for the lower hydrocarbons.


Author(s):  
A V Kukartsev ◽  
A A Boyko ◽  
V V Kukartsev ◽  
V S Tynchenko ◽  
V V Bukhtoyarov ◽  
...  

2009 ◽  
Vol 41 (1) ◽  
pp. 7-12 ◽  
Author(s):  
Peter J Taylor ◽  
Pengfei Ni ◽  
Ben Derudder ◽  
Michael Hoyler ◽  
Jin Huang ◽  
...  

Significance The airline is set to be privatised through strategic disinvestment, whereby a new minority shareholder can manage it. India’s flag carrier has in recent years incurred heavy losses. Impacts Any privatisation deal finally reached may prompt protests from Air India employees fearing job losses. The low-cost carrier IndiGo is likely to increase its dominance of the domestic aviation market. Delhi will step up plans to disinvest in other public sector undertakings (PSUs).


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