The paper validates the relations between the share of public and private R&D spending and the effectiveness of national R&D sector. It states that in order to implement effective and profitable “high-tech policy”, governments have to intensify the share of business sector in Gross Domestic Expenditures on R&D. At the same time it is necessary to preserve the definite “government share” in R&D ...

Given the growing importance of technology and innovation to high-tech firm competitiveness, there need propose an expanded research framework including the role of technology in driving mergers' decision, the impact of mergers on technology innovation, especially for Chinese high-tech companies. This paper studied the effect of M&As and technology-driven M&As on post-M&A technological innovati...

Recent advances in asset pricing|the reduced-form approach to pricing risky debt and derivatives|are used to quantitatively evaluate several proposals for mandatory bank issue of subordinated debt. We nd that credit spreads on both xed and oating rate subordinated debt provide relatively clean signals of bank risk and are not unduly in uenced by non-risk factors. Fixed rate debt with a put is u...

In the way of growing and developing firms especially high-tech firms, on many occasions manager of firm is mainly involved in solving problems of his business and decision making about executive activities of the firm, while besides executive measures, attention to planning of firm's success and growth way and application of long experience and sagacity in designing business model are vital an...

Giving the fact that hi-tech products as a trade product have become quite crucial and critical in the growth of economies in many nations, the paper took electronic equipment manufacturing industry as an example. The aim of this study is to investigate the competitiveness of the selected electronic equipment manufacturing sectors in China in comparison with selected 19 countries in the world b...

The paper proposes an application of Empirical Mode Decomposition in technical analysis. The EMD-candlestick is designed to replace the traditional candlestick as the signal generators in technical trading strategies to improve the profitability. We investigate a representative set of technical trading strategies, including moving average, trading range break-out, relative strength index, and i...

Technical skills, even for technical positions, are insufficient for subsequent success beyond an entry-level position, since it usually requires proficiency in soft-skills areas such as: communication, leadership, conflict resolution and self-management, amongst others. Hence, helping technical students to develop and improve such soft-skills areas is of real need, and that is why generic comp...