It is widely claimed that research to discover and develop new pharmaceuticals entails high costs and high risks. High research and development (R&D) costs influence many decisions and policy discussions about how to reduce global health disparities, how much companies can afford to discount prices for lowerand middle-income countries, and how to design innovative incentives to advance research...

This paper uses cointegration to evaluate long-run foreign exchange exposure. Since this technique requires exchange rates to be nonstationary, such that purchasing power parity does not hold in the long run, the analysis focuses on recent empirical findings suggesting that real exchange rates are nonstationary particularly because of oil price changes. Hence, the paper also estimates long-run ...

the purpose of this study is to identify factors affecting the development of entrepreneurship in theagricultural advisory services companies. the main instrument to collect the data was questionnaire and itsvalidity of questionnaire is confirmed by experts and its reliability is measured through cronbach’s alpha(75%). the data were analyzed by spss software version 16. the finding showed that ...

When I was a teenager in the late 1970s, there was no World-Wide Web, no Internet, and no IBM PC. But I, along with a small group of friends, became obsessed with computers: the TRS-80 and the Apple were the targets of our passion. Each time a new computer game was announced, we awaited its release with great anticipation: not because we wanted to kill the dragon or get to level 37, but because...

Since the invention of the automobile, cars have taken an important role in our society. Once they were available only to the wealthy few that could afford them as a luxury in life. However, today cars have become a necessity for everyone. German automobile companies like Benz, BMW, Volkswagen, Porsche and Audi are well known for their Engineering and technology. Identifying the above said fact...

Venture capitalists often hold extensive control rights over entrepreneurial companies, including the right to fire entrepreneurs. This paper examines why, and under what circumstances, entrepreneurs would voluntarily relinquish control. Control rights protect the venture capitalists from hold-up by the entrepreneurs. This provides the correct incentives for the venture capitalists to search fo...

This paper presents a model for analysing IT outsourcing maturity in organizations. Organizations outsource their IT for reasons such as cost reduction, access to superior skill sets, focus on core competence, and strategic objectives. Organizations that outsource the development, operational and management of their IT activities to other companies are at various levels of maturity. This study ...

Since the invention of the automobile, cars have taken an important role in our society. Once they were available only to the wealthy few that could afford them as a luxury in life. However, today cars have become a necessity for everyone. German automobile companies like Benz, BMW, Volkswagen, Porsche and Audi are well known for their Engineering and technology. Identifying the above said fact...

The records of superior performance of selected service firms over many years suggest that they may be more productive than others. This article uses the Theory of Swift, Even Flow to explain why that might be true. In the process, this article improves Schmenner’s 1986 service process matrix. The redefinition of the axes of this matrix and of the resulting diagonal leads to enhanced understand...

The majority of RFID implementations can be traced back either to mandates issued by companies or institutions with significant market power like Wal-Mart or the U.S. Department of Defense, or to the replacement of existing Auto-ID technologies like barcodes. Only sporadically is RFID being used to derive superior information about current processes in order to create supply chain visibility. I...