Twenty Years of the NCREIF Property Index

This study overviews the performance of the NCREIF Property Index, by property type, over the twenty-year period ended in 1998. More exactly, performance is analyzed from the perspective of the fundamental sources of return: initial earnings yield, dividend payout ratios, earnings growth, shifts in capitalization rates and other (less significant) effects. (While this approach is here applied to private real estate equities, nothing precludes its application to a variety of other investment classes.) Our results indicate the fundamental sources that have contributed to the Index's considerable cross-sectional variation as well as its time-series variation. Therefore, this study should be viewed as a useful historical account for those interested in understanding the ex post return-generating process of the Index and its property-type components as well as those who wish to model the ex ante return-generating process for a variety of applications in both the equity and debt markets—regardless of whether the securities are publicly or privately traded.     

Twenty Years of the Journal of Product Innovation Management: History, Participants, and Knowledge Stock and Flows

The Journal of Product Innovation Management (JPIM) serves as a marketplace for science‐based, innovative ideas that are produced and consumed by scholars and businesspeople. Now that JPIM has existed for 20 years, two intriguing questions emerge: (1) How has the journal evolved over time in terms of knowledge stock, that is, what are the characteristics of the growing stock of knowledge published by JPIM over the years; and (2) how has the journal evolved in knowledge flow, that is, how is JPIM influenced by other scientific publications and what is its impact on other journals? In terms of knowledge stock, over 35% of the articles published over the 20 years investigate processes and metrics for performance management. The next most frequently published area was strategy, planning, and decision making (20%), followed by customer and market research (17%). The dominant research method used was a cross‐sectional large‐sample survey, and the focus most usually is at the project level of the firm. The large majority of JPIM authors (60%) have a marketing background, with the remaining 40% representing numerous functional domains. Academics at all levels publish in JPIM, and though most authors hail from North America, the Dutch are a significant second group. JPIM was analyzed from a knowledge‐flow perspective by looking at the scientific sources used by JPIM authors to develop their ideas and articles. To this end a bibliometric analysis was performed by analyzing all references in articles published in JPIM. During 1984–2003 JPIM published 488 articles, containing 10,314 references to journals and 6,533 references to other sources. Some 20% of these references (2,020) were self‐references to JPIM articles. The remaining 8,294 journal references were to articles in 287 journals in the fields of management (25%), marketing (24%), and management of technology (14%). However, it should be pointed out that many domains were dominated by a limited number of journals. The second component of knowledge flow concerns the extent to which the ideas developed in JPIM are consumed by other authors. Again, bibliometric analysis was used to analyze data from the Social Sciences Citation Index (SSCI) about citations to JPIM in other journals. For the period 1984–2005, the SSCI registered 7,773 citations to JPIM in 2,067 articles published in 278 journals (including the 2,020 self‐citations in JPIM). The functional areas most frequently citing JPIM are management of technology (25%), marketing (15%), management (14%), and operations management and management science (9%). Again, several domains were found to be dominated by a limited number of journals. At the level of individual journals the analysis shows a growing impact of JPIM on management of technology journals. The knowledge‐flow analysis demonstrates how JPIM functions as a bridge between the knowledge from various domains and the body of knowledge on management of technology. It suggests a growing specialization of the field of technology innovation management, with JPIM being firmly entrenched as the acknowledged leading journal.     

未来十年印刷科技新趋势

2003年5月,世界印刷联合会提出,数字技术信息技术与智能技术的发展,彻底改变了印刷传播及生产方式,我们要考虑如何融入其它传播媒体,将文字图形与影像信息做更广泛应用,在多元媒体领域创造更多价值,使精致印刷信息文件成为业务和传播作业的重要一环。印刷媒体可能缩减但绝不会消失,因为人类对视觉感官永远有需求。高科技融入印刷产业.今天也绝非到了顶点,未来十年将会有更大的发展。     

First Things First

Although successful new product development practices often require joint efforts of professionals from various departments, all too often these professionals are trained as specialists with little exposure to other functional viewpoints. Colin Clipson describes the results of an educational initiative designed to bring together selected technical, business and design students enrolled in classes at The University of Michigan. Members of various student teams quickly ascertained a need to overcome language and cultural barriers in order to develop product recommendations for sponsoring firms. The results of this educational experiment have implications for current educational programs as long as improved innovation management is seen as a desirable social goal.     

The First China Garment Conference successfully held

Hundreds of practitioners of garment industry gathered in the First China Garment Conference just held days ago.At the conference,the industry hotspots have     

The 2010 Horizontal Merger Guidelines After 10 Years

Review of Industrial Organization - This paper introduces the Special Issue of the Review of Industrial Organization that studies the impact of the 2010 Horizontal Merger Guidelines after 10 years...     

不平凡的六年——中电联第四届全国会员代表大会工作报告（摘要）

“昨夜江头春水生,蒙冲巨舰一毛轻”。随着社会主义市场经济体制的发展完善,一个更有影响力、更有凝聚力、更有引导力的现代电力行业协会一定会搏击市场经济的潮流,挂帆中流自在行。     

岁末寄语

岁月匆匆,本期刊物送到读者手中的时候,２００２年的新年钟声就要敲响了。瑞雪初霁,坐在办公室的窗下,沐浴着从外面透射进来的和暖阳光,翻阅全年的杂志,颇多感触涌上心头。掀过去的不是一页页文字,而是即将进入历史的３６５页日历。在这３６５天里,我们的国家和民族发生了许多令人振奋的大事,人皆共知,自不待言。华北电网在新世纪的开端和实施“十五”计划第一年所发生的变化,也同样令人耳目一新。尤其本刊第３期刊出《改革发展创新建设国内一流区域电网》,首次提出了集团公司“十五”期间改革发展的战略目标;第１０期刊出《实…     

大唐国际十年

大唐国际自上市以来(1997-2004年)主要业绩总装机容量从315万千瓦上升到1041万千瓦年发电量从204.82亿千瓦时上升到558.53亿千瓦时年营业收入从51.34亿元上升到135.94亿元年净利润从11.44亿元上升到22.63亿元     

中国海洋经济研究30年：回顾与展望

随着我国1978年开始的改革开放进程,海洋经济研究也刚好走过了30年的发展历程。本文基于对中国海洋经济研究30年学术研讨会研究论文和交流成果的分析.尝试对我国海洋经济研究的基本概念和理论体系演变、研究方法论建设,以及研究领域的拓展进行初步总结。并对海洋产业经济、海洋区域经济等分支学科的发展进行专题评述.尝试提出全球海洋问题日益严重背景下我国海洋经济理论、方法和实践领域的发展方向。     

铁合金产业的新一轮扩张呼唤理智思考

近几年贯彻执行国家关于铁合金产业政策及准入条件以来,在淘汰落后、推动节能减排、环境保护与资源利用、促进企业整合重组与集中化、调整优化产业结构、提高装备、技术与生产经营水平上,确实起到了决定性作用且收效显著。在制订的准入条件中,有关部门注重淘汰小型落后分散的产能、提高整体水平并借以抬高准入门槛,限控过度发展,从而缩减产能总量,改变产能过剩实现良性发展。     

31年无亏损——大圣集团发展的启示

江 苏大圣集团（原名江苏省棉 纺针织厂）原是一个名不经传、只有40万元总资产的农垦小纺织企业。如今，经过31年的风风雨雨，已发展成为拥有纺、织、染和成衣多功能生产能力，拥有总资产2.2亿元，年创利千万元，产品远销世界20多个国家和地区的中型企业。31年来，这个集团在人均收入年年递增的情况下，无一年出现亏损，企业年年盈利。最近，盐城市人民政府把这一现象称为“大圣现象”，并于近日在该企业召开了“学大圣、调结构，建设纺织强市研讨会”。这一举措，引起了许多企业、尤其是纺织企业的广泛关注。 团结务实，无私奉献，“…     

光辉的中国第一星

1970年4月24日，我国自行研制的第一颗人造卫星——“东方红”一号，在“长征”一号火箭的运送下，准确进入预定地球轨道。卫星昼夜不停地向全球播送《东方红》乐曲和遥测信号，向全世界宣布中国已进入了宇宙太空，揭开了中国人民决心向宇宙太空进军的序幕。消息传开，全国顿时一片欢腾，各族人民热烈欢呼这一伟大的成就。正值全国各地庆祝“五一”劳动节，