The Minister of Economic Affairs of Taiwan announced in 2006 that the sales volumes of the manufacturing industry of Taiwan were continuously increased from 2000 to 2005 where the manufacturing industry took 21.95% and 21.4% in the gross domestic product of Taiwan in 2004 and 2005, respectively. It is no doubt that the manufacturing industry is both important and significant to Taiwan’s economy...

Recent empirical research has proposed a variety of factors that explains the decision of companies to merge or acquire. We use a binary logistic regression framework to investigate the effects that prior firm performance, prior resource availability, and corporate governance characteristics have on the propensity of a company to become active. The analysis focus on American companies in the ti...

Through implementation of its 2000 pharmaceutical reform, the South Korean government expected to reduce the cost of medications and improve service levels, medical appropriateness of care, and drug effectiveness. However, despite the reform's lofty goals, unintended consequences have distorted the supply of medical services and spending. These consequences have included increasing the use of u...

in today’s complex, dynamic and ever changing modern environment, all companies need to design and use strategies helping them to improve continuous performance, because in such a competitive environment, those companies which keep pace with changing and dynamic conditions of competitive market are able to survive. this study was conducted using descriptive – correlational methodology. the stud...

Most research and policy on protecting innovation focus on patents. Yet, almost all technology managers report secrecy to be more important than patents. Here, I show theoretically that stronger secrecy laws could increase or reduce R&D. By reducing spillovers, secrecy laws might reduce or raise the return to R&D, depending on whether spillover and own R&D are complements or substitutes. By str...