Theoretical model for identifying market development indicators

Gerhardt, Vinícius Jaques; Siluk, Julio Cezar Mairesse; Baierle, Ismael Cristofer; Michelin, Cláudia de Freitas

doi:10.1108/ijppm-05-2020-0259

Cited by 5 publications

(4 citation statements)

References 65 publications

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“…In this study, the current component failure probability and the component state at the previous stage need to be considered when sampling the current state, and it is assumed that the component repairs are completed within tr hours after the typhoon warning, and thereafter the typhoon failure probability is 0 whilst the power supply is restored. The component state at time t can be calculated by Equation (22). The lines and towers are regarded as a series system, and the normal operation of the transmission lines requires all lines and towers to operate normally.…”

Section: Contingency Set Generation Strategy Considering Time Seriesmentioning

confidence: 99%

“…In the research of resilience assessment methods and indicators, some indicators describing the power grid usually include economic indicators [22], reliability indicators [23], and system stability indicators [24]. The typical performance transitions of a power grid facing disturbance events were often divided into the pre-disaster prevention stage, the mid-disaster resistance stage, and the post-disaster recovery stage [25,26].…”

Section: Introductionmentioning

confidence: 99%

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Multi-Indicator Fused Resilience Assessment of Power Grids Considering Wind-Photovoltaic Output Uncertainty during Typhoon Disasters

Wang,

Shi,

Qiu

2024

Electronics

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Extreme weather events such as typhoons pose a serious threat to the safe operation of power grids. In the field of power system resilience assessment during typhoon disasters, a parametric typhoon wind field model combined with actual historical meteorological data has not been well adopted, and the conventional renewable energy uncertainty modeling methods are not suitable for typhoon disaster periods. In this paper, a multi-indicator fused resilience assessment strategy considering wind-photovoltaic uncertainty and component failure during typhoon disasters is proposed. Firstly, based on the actual historical meteorological data of typhoons, an uncertainty model of typhoon wind speed is established by a rolling non-parametric Dirichlet process Gaussian mixture model. Then, a spatial–temporal contingency set is constructed by considering the best-fit wind field model and stress–strength interference model for failure probability of transmission lines. On this basis, a holistic resilience assessment framework is established from the perspectives of priority, robustness, rapidity, and sustainability, and the entropy weight method combined with the technology for order preference by similarity to an ideal solution is leveraged to obtain the comprehensive resilience indicator. Finally, numerical studies are performed on the IEEE-30 bus test system to identify vulnerable lines and improve system resilience during typhoon disasters.

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Section: Contingency Set Generation Strategy Considering Time Seriesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Multi-Indicator Fused Resilience Assessment of Power Grids Considering Wind-Photovoltaic Output Uncertainty during Typhoon Disasters

Wang,

Shi,

Qiu

2024

Electronics

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“…trade shows, trade missions and seminars. In their research, Gerhardt et al (2021) have developed a theoretical model of the market development process in three stages with different performance indicators at each stage. Kaleka and Morgan (2019) have also found in their research that exporting manufacturers seem to adopt a long-term stance in planning their overseas activities.…”

Section: Market Development In a Local Business Contextmentioning

confidence: 99%

“…trade shows, trade missions and seminars. In their research, Gerhardt et al. (2021) have developed a theoretical model of the market development process in three stages with different performance indicators at each stage.…”

Section: A Theoretical Frameworkmentioning

confidence: 99%

International expansion or stagnation: market development for mature products

Rundh

2022

APJBA

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PurposeThe purpose of this paper is to explore international market development for mature products and practices used in a novel business context.Design/methodology/approachTaking a qualitative approach, the case study method was chosen to investigate how firms develop markets in relation to a new international business context. Critical international decisions are analysed using a managerial perspective.FindingsThe success of international ventures depends on managerial learning and effectiveness. In this paper, the authors argue that decisions about international market development can add significantly to the understanding of how business firms enter and develop markets in novel business contexts. Two case studies show different approaches for meeting challenges in distant markets. Four propositions are developed.Originality/valueA theoretical contribution of this study is the importance of factors that explain international market development decisions in novel business contexts. The balance between incomplete knowledge and making resource commitments is of central concern to international managers. Some of this is tacit knowledge that a firm achieves and learns during the process of market development and other knowledge can only become available after an actual market entry. A second theoretical contribution of this study is the significance of contextual market knowledge in a novel business context.

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