SA research project launched into using fuel cells for commercial airliners

A research partnership has been launched in South Africa in a quest to make air transport more environmentally and economically sustainable. Hydrogen South Africa (HySA) Systems, the National Aerospace Centre and Airbus are working together on research into using fuel cells on aircraft.
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SA, SKA partners developing a new African network of telescopes

Science and Technology Minister Naledi Pandor says the partnerships with the eight other African nations that will host remote stations of the Square Kilometre Array (SKA) telescope remain strong and the countries are developing a new African network of telescopes. South Africa partnered with Botswana, Ghana, Kenya, Madagascar, Mauritius, Mozambique, Namibia and Zambia to host the world’s largest radio telescope.
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UK, SA launch multimillion-rand research and innovation partnership

South Africa and the UK have launched a multimillion-rand fund to spark more innovation, science and technology in South Africa and more widely across sub-Saharan Africa. The governments of the UK and South Africa, as well as private companies and nongovernmental organisations have committed R140-million a year to the UK-South Africa Newton Fund. A memorandum of understanding has been signed for the first three years of the programme. “It’s a milestone in science and innovation cooperation …
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The Alternative Investment Market And The Financing Of Technological Innovation

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The Alternative Investment Market (AIM) is characterized by the presence of numerous firms operating in sectors with a high rate of technological innovation. In this research we will deal with IPOs about companies active in the sector of Information Technology and Software & Computer Services. The purpose of the research is testing the market’s ability to attract the listing of new companies in these sectors and to examine the following questions:
1) Have the IPOs about economic sectors examined a concentration in specific periods?
2) Have firms’ average size, the average capital raised on the market and the share of capital on average placed with the initial offer, at the time of listing, changed during the analysed periods?
We consider three periods. The first, from the birth of the market (1995) until the speculative bubble (2001), which follows the so-called dot.com boom. The second, from 2002 to 2007, beginning of the severe economic and financial crisis, and the third from 2008 until June 2013.

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A Practical Review of Mechanism Design: How Implementable Is It Within The Nigerian Context? Investigating the Role of PPP on Social Outcomes in Nigeria

According to statistics of the Federal Ministry of Works Nigeria (2012), total road network in Nigeria currently stands at approximately 195,000 Kilometers, with the Federal, State and Local Governments responsible for 22, 21 and 51 percent of this network respectively. In another report, The Central Bank of Nigeria (2011) also states that Nigeria needs to invest at least 100 billion dollars on roads in the next ten years. This study explores how social needs are realized within the public private participation (PPP) scheme in Nigeria. The study also situates public private partnership, in the Nigerian procurement and project operation context. The study’s objectives are achieved by revisiting the mechanism design paradigm (through reviewing the historical evolution of Public Private Partnerships (PPPs) in Nigeria) and its impact on social goals as developed by Tirole and Maskin (2008), within the Nigerian context. Data on credit provided to the private sector as a percentage of GDP were used as proxies for PPP involvement from 1960 to 2010 although some years of data were missing. The method of estimation used included ordinary least squares, linear mixed effects models and seemingly unrelated regression estimation methods, which all allow for the investigation of relationships between a set of unrelated weakly exogenous variables, with the mixed effect method particularly suitable for iterative optimization processes. The findings show that cost implication concerns and the choice of the social function has an effect on PPP. It was also found that the electoral process which determines the social function mattered in the project selection stage and had significant effect on the PPP formation process.

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Open Data for economic growth: the latest evidence

One of the key policy drivers for Open Data has been to drive economic growth and business innovation. There’s a growing amount of evidence and analysis not only for the total potential economic benefit but also for some of the ways in which this is coming about. This evidence is summarised and reviewed in a new World Bank paper published today.

There’s a range of studies that suggest that the potential prize from Open Data could be enormous – including an estimate of $3-5 trillion a year globally from McKinsey Global Institute and an estimate of $13 trillion cumulative over the next 5 years in the G20 countries.  There are supporting studies of the value of Open Data to certain sectors in certain countries – for instance $20 billion a year to Agriculture in the US – and of the value of key datasets such as geospatial data.  All these support the conclusion that the economic potential is at least significant – although with a range from “significant” to “extremely significant”!

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