RECENT ADVANCES in FINANCIAL PLANNING and PRODUCT

DEVELOPMENT

Proceedings of the 5th International Conference on Finance, Accounting and Law (ICFA '14)

Proceedings of the 5th International Conference on Design and Product Development (ICDPD '14)

Istanbul, Turkey December 15-17, 2014

Scientific Sponsor

Eastern Macedonia and Thrace Institute of Technology, Greece

Business and Economics Series | 17

ISSN: 2227-460X ISBN: 978-1-61804-261-3

RECENT ADVANCES in FINANCIAL PLANNING and PRODUCT DEVELOPMENT Proceedings of the 5th International Conference on Finance, Accounting and Law (ICFA '14) Proceedings of the 5th International Conference on Design and Product Development (ICDPD '14) Istanbul, Turkey December 15-17, 2014 Published by WSEAS Press www.wseas.org Copyright © 2014, by WSEAS Press All the copyright of the present book belongs to the World Scientific and Engineering Academy and Society Press. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the Editor of World Scientific and Engineering Academy and Society Press. All papers of the present volume were peer reviewed by no less that two independent reviewers. Acceptance was granted when both reviewers' recommendations were positive.

ISSN: 2227-460X ISBN: 978-1-61804-261-3

RECENT ADVANCES in FINANCIAL PLANNING and PRODUCT

DEVELOPMENT

Proceedings of the 5th International Conference on Finance, Accounting and Law (ICFA '14)

Proceedings of the 5th International Conference on Design and Product

Development (ICDPD '14)

Istanbul, Turkey December 15-17, 2014

Editors: Prof. Nikos E. Mastorakis, Technical University of Sofia, Bulgaria Prof. Cornelia Aida Bulucea, University of Craiova, Romania Prof. Klimis Ntalianis, Technological Educational Institute of Athens, Greece Prof. Charalampos Arapatsakos, Democritus University of Thrace, Greece Prof. Kalliopi Kalampouka, Eastern Macedonia and Thrace Institute of Technology, Greece Associate Editors: Prof. Josef Börcsök, University of Kassel, Germany Prof. Michael Schwarz, University of Kassel, Germany Committee Members-Reviewers: Moise Bojincă Ashraf Bany Mohammed Eleftherios Skalidis Amin Daneshmand Malayeri Mihaiela Iliescu Athanassios Mandilas José Farinha Chunwei Lu Loukas Georgiou Lukacs Edit Abdelkader Nouibat John Manuel Delgado Barroso Andrei Madalina-Teodora Daniela Litan Vassos Vassiliou Catalin Popescu Balcu Florina Javier De Andrés Jan Stejskal Katarina Curko Jose Antonio Porfirio Larion Alin Doinita Ariton Francisco Antunes Yin-Tsuo Huang U. C. Jha Marios Soteriades Ionel Bostan-Dhc Andreea Iacobuta Mioara Chirita Adina Andreea Ohota Adrian Rosca Daniela Cristina Momete Andrei Jean Vasile Dumitru-Alexandru Bodislav Capusneanu Sorinel Usama Awan Claudiu Mereuta Miguel Angel Vigil Berrocal Petr Hajek Nikos Loukeris Aw Yoke Cheng Arion Felix Ricardo Gouveia Rodrigues Takuya Yamano Paresh Rathod

Chunwei Lu Wini David Procházka Dina Vasic Evangelos Markopoulos Ioana Adrian Jaroslav Belás Kalliopi Kalampouka Maria Gabriela Sterian Muntean Mihaela-Carmen Radek Jurčík Agnieszka Misztal Calin Ciufudean Carlos E. Formigoni Cledson Akio Sakurai S. Saravanan Sorin Dan Tiberiu Socaciu Zaharia Sebastian

Table of Contents

Reliability Calculation of HDL-Designs for FPGA-Based Safety Related Systems 9 Bashier Machmur, Ali Hayek, Josef Börcsök The Mediating Effect of Market Orientation on the Relationship between Entrepreneurial Orientation and Performance

17

Nursel Selver Ruzgar, Akin Kocak, Bahadtin Ruzgar Mathematical Derivations for Safety Related Systems with Wireless Communication 23 Pavan Kumar Pendli, Michael Schwarz, Hans-Dieter Wacker, Josef Boercsoek Hot Box Detection System Design for Railway Vehicle Safety 31 Gamze Garip, Ilker Üstoğlu, Tarik V. Mumcu, Özgür T. Kaymakçi, Josef Börcsök An Approach to Implement IEC 61508 Part 3 Norm to SIL3 Safety Software Written in C++ 37 Emil Delic, Karolin Löser, Michael Schreiber, Ali Hayek, Josef Börcsök Considerations Related to the Exemption from Liability in Case of Occurrence of a Force Majeure Event or of Unforeseeable Circumstances

43

Diana Gorun Proposal to the Modelling of Safety Structures in Vehicle Steering Systems Based on Functional Safety

49

Ossmane Krini, Jamal Krini, Josef Börcsök Global Trends in Financial Sector Supervisory Architectures 55 Tina Oreški, Anita Pavković Instrumentation Technique for FPGA Based Fault Injection Tool 68 Abdul Rafay Khatri, Manuel Milde, Ali Hayek, Josef Börcsök Novelty, a General Condition for Intellectual Property Protection 75 Alin Speriusi-Vlad Bounds on the Ratio of some Error Rates of a Communication Channel 79 Hans D. Wacker, Josef Börcsök Explore the Local Characteristics of Commodity Analysis from the Point of View of Emotional Design

84

Wei-Han Chen, Yi-Yu Li Memory Management in Java and Ada Language for Safety Software Development 90 Sara Hosseini-Dinani, Michael Schwarz, Josef Börcsök Legal Aspects Regarding Moral Damages 97 Diana Gorun

Programming a Safety Related PLC with LabVIEW 103 Axel Siebert, Michael Schwarz, Josef Börcsök Influences of Conflict Management Behaviours (CMBs) on Project Success in Pakistan 109 Sabina S. Shirazi Communication Cycle: Definition, Process, Models and Examples 117 John Velentzas, Georgia Broni Improving the Work Environment through Design for Female Academics in Saudi Arabian Universities

132

Nouf Saad Alnassar The Greek Legal Framework about Providing Medical Services to Immigrants 140 Kalliopi Kalampouka Authors Index 146