While the traditional agency model assumes managerial risk aversion and underinvestment in high tech opportunities, the behavioural agency model allows for risk seeking by managers leading possibly to over-risky investment. Corporate governance mechanisms can correct both underand overrisky investment thereby ensuring value enhancing high tech acquisitions. Our study builds an empirical optimal...

The transformation of economic development approach demands to develop high-tech industries, while high-tech industries can’t develop without financial support, in which different financial structures exists differences in the efficiency of high-tech industries development and support. For this reason, this paper firstly theoretically described the mechanism of financial structure’s effect on h...

with regard to competitive advantage complexity and specific characteristics of high tech industries, in this research by a cognitive mapping methodology we develop a qualitative model for interpreting the competitive advantage in company level for high tech industries. in first, after describing the research problem, we present a comparative review of four recent theories of firm and competiti...

without any doubt, one of the strategies to achieve knowledge-based economy is the transfer of high technologies and turning them into a competitive stable advantage for companies. technology readiness levels, as a determining factor for high-tech transfer, has not been taken into consideration in recent studies. in this paper the author seeks to identify and prioritize factors affecting the tr...

(1) Univ. Liege Gembloux Agro-Bio Tech. Animal Science Unit. Passage des Déportés, 2. B-5030 Gembloux (Belgium). E-mail: [email protected] (2) Univ. Liege Gembloux Agro-Bio Tech. Bio-industry Unit. Passage des Déportés, 2. B-5030 Gembloux (Belgium). (3) Univ. Liege Gembloux Agro-Bio Tech. Applied Statistics, Computer Science and Mathematics Unit. Passage des Déportés, 2. B-5030 Gembloux (Bel...

Chemicals: Thallium (I) nitrate (TlNO3, 99.9%), tetrabutylammonium iodide (TBAI, 99%), tetrabutylammonium bromide (TBABr, 98%), 1-octadecene (ODE, tech. 90%), oleylamine (OLA, tech. 70%), oleic acid (OA, tech. 90%), potassium bromide (KBr, 99%) and fluorescein sodium salt (98.5-100.5%) were purchased from Sigma-Aldrich. Hexane (98%), toluene (99.5%), 1-butanol (99.5%) and acetonitrile (99.8%) w...

Student of Computer Science Engineering, Lingaya’s Institute of Mgt. & Tech., Faridabad, 121002 India †† Student of Computer Science Engineering, Lingaya’s Institute of Mgt. & Tech., Faridabad, 121002 India ††† Student of Computer Science Engineering, Lingaya’s Institute of Mgt. & Tech., Faridabad, 121002 India Faculty of Computer Science Engineering, Lingaya’s University, Faridabad, 121002 Ind...

This paper presents the significant function of the Chinese National Agricultural Library (CNAL) in the agricultural sci-tech innovation system in China, analyses the development of collection and service in the CNAL, explores the challenge towards sustain and develop information services for the agricultural sci-tech research and innovation, at last proposes the strategy for sci-tech document ...

The purpose of this essay is to design a framework of a performance system which is subject to the characteristics of China high-tech enterprises. It is based on analyzing the principles and significance of the performance system of high-tech enterprises. The framework will promote the standardization management of high-tech enterprises of China.