Haptics device creates realistic virtual textures

Technology has allowed us to immerse ourselves in a world of sights and sounds from the comfort of our home, but there’s something missing: touch. Tactile sensation is an incredibly important part of how humans perceive their reality. Haptics or devices that can produce extremely specific vibrations that can mimic the sensation of touch are Read more about Haptics device creates realistic virtual textures[…]

innovation audit

Audit expertise holds the key for fair deal valuation

New research by Bayes Business School (formerly Cass) shows that accounting firms leverage their auditing expertise to produce fairer target valuations on mergers and acquisitions (M&A) than investment banks. ‘Accounting Firms in the European M&A Advisory Market’ by Dr Pawel Bilinski, Reader in Finance and Dr Andrew Yim, Senior Lecturer in Accounting at Bayes Business School (formerly Cass), shows the Read more about Audit expertise holds the key for fair deal valuation[…]

Business Intelligence (BI) and analytics play a key role in strategy work

However, business intelligence is not just a data mass that supplements strategy or a self-evident prop, but, together with the predictions generated by new algorithms and computational models, it can even act as a driving force or “prime mover” in strategy formation, according to Yassine Talaoui‘s doctoral thesis at the University of Vaasa. Business intelligence is Read more about Business Intelligence (BI) and analytics play a key role in strategy work[…]

Research in the time of COVID-19 and beyond

COVID-19 has disrupted financial statement auditing globally and impacted group dynamics in an industry vital to the health of the economy, according to a new study. Pre-pandemic, core audit teams traditionally worked together on-site at the client’s workplace, often sharing a meeting space as the team’s basecamp—increasing team trust, identity, and potentially effectiveness. The pandemic Read more about Research in the time of COVID-19 and beyond[…]

3D printing leads to fabricating a shape memory alloy with increased superelasticity

Laser powder bed fusion, a 3D-printing technique, offers potential in the manufacturing industry, particularly when fabricating nickel-titanium shape memory alloys with complex geometries. Although this manufacturing technique is attractive for applications in the biomedical and aerospace fields, it has rarely showcased the superelasticity required for specific applications using nickel-titanium shape memory alloys. Defects generated and Read more about 3D printing leads to fabricating a shape memory alloy with increased superelasticity[…]

innovation audit

EU support to help small businesses go international needs better management and visibility

The European Commission has identified the main barriers to the internationalisation of the EU’s small and medium-sized enterprises (SMEs) and put in place many measures to help them expand their business to international markets both within and beyond the EU, according to a new report by the European Court of Auditors. However, these measures sometimes Read more about EU support to help small businesses go international needs better management and visibility[…]

Internet of Skills enabling real-time transmission of haptic sensation

In the future, human skills will be digitalised and democratised via the Internet of Skills: a future internet that will enable you to use robot technology and haptic feedback to transfer expertise in real time, no matter where you are, and no matter where the problem to be solved is. For example, imagine a highly Read more about Internet of Skills enabling real-time transmission of haptic sensation[…]

Partnerships for Regional Innovation

The European Commission announced the 63 regions, seven cities and four Member States selected in the pilot project for Partnerships for Regional Innovation, an initiative developed together with the Committee of the Regions. Participants in the pilot action are open to share good practices and to co-develop and test tools to mobilise multiple sources of Read more about Partnerships for Regional Innovation[…]

Charging ahead: Europe’s quest to become a top global battery producer probed by EU auditors

The European Court of Auditors is launching an audit to find out whether the European Commission has been effective in developing a globally competitive and sustainable value chain for batteries in the EU and whether the projects supported in the Member States maximised the impact of EU funding. The audit comes against the backdrop of Read more about Charging ahead: Europe’s quest to become a top global battery producer probed by EU auditors[…]

EU rules on Distance Marketing of Consumer Financial Services

The European Commission has adopted a reform of the current EU rules on Distance Marketing of Consumer Financial Services, which govern financial services sold at a distance. The Proposal will strengthen consumer rights and foster the cross-border provision of financial services in the single market. This market has significantly evolved in light of the overall Read more about EU rules on Distance Marketing of Consumer Financial Services[…]

Commission boosts Horizon Europe budget

The European Commission has adopted the amendment to the Horizon Europe Work Programme 2021-2022, increasing the budget by nearly €562 million to further support EU Missions towards innovative solutions to green, health and digital challenges and more actions to boost the European innovation ecosystem. The programme’s budget for 2021 and 2022 now reaches a total of nearly €16 Read more about Commission boosts Horizon Europe budget[…]

How people ability to learn from their successes and failures

Researchers from Cedars-Sinai’s Center for Neural Science and Medicine and Department of Neurosurgery have uncovered how signals from a group of neurons in the brain’s frontal lobe simultaneously give humans the flexibility to learn new tasks—and the focus to develop highly specific skills. Their research, published today in the peer-reviewed journal Science, provides a fundamental understanding of performance monitoring, Read more about How people ability to learn from their successes and failures[…]