How can new ventures command a price premium with innovations in emerging markets?

Successful financing is critical for new ventures' survival and future sustainable growth. With the unique institutional characteristics, it is especially difficult for new ventures in emerging economies to transform innovation capital into favorable investor responses (such as willingness-to-pay, WTP) during the process of initial public offerings (IPOs). Based on the patent records from a unique sample of Chinese firms, we demonstrate that new ventures can successfully leverage innovation for higher WTP in IPOs contingent on the existence of venture capital ownership and reputable underwriter endorsements. These financial intermediates can send inside-out and outside-in signals to market investors to reduce information asymmetry. Our study contributes to research on the valuation of innovations in IPOs. We also provide practical implications to managers and investors of new ventures. We provide implication to managers and investors of new ventures on how to increase the benefits from innovations, which fosters national economic growth and social welfare.     

Efficient estimation for error component seemingly unrelated nonparametric regression models

Multivariate panel data provides a unique opportunity in studying the joint evolution of multiple response variables over time. In this paper, we propose an error component seemingly unrelated nonparametric regression model to fit the multivariate panel data, which is more flexible than the traditional error component seemingly unrelated parametric regression. By applying the undersmoothing technique and taking both of the correlations within and among responses into account, we propose an efficient two-stage local polynomial estimation for the unknown functions. It is shown that the resulting estimators are asymptotically normal, and have the same biases as the standard local polynomial estimators, which are only based on the individual response, and smaller asymptotic variances. The performance of the proposed procedure is evaluated through a simulation study and a real data set.     

高职高专院校计算机网络专业实践教学的研究

本世纪是信息和知识经济迅速发展的世纪,随着计算机网络技术的日益普及和迅猛发展,计算机网络教育已经在社会的各个领域得到普及,不断推动着社会和经济的发展。社会对专业技术人才的要求越来越高,动手能力强,且熟练掌握计算机知识和网络系统设计、建设规划和维护是他们必备的素质。针对高职高专网络教育教学的特点,结合本人自身的教学体会以及计算机网络专业学生的实际就业情况,对实践性教学进行了深入研究,总结了一些适用性较强的教学方法。     

我国赛车运动的发展现状及对策研究

从经济学、社会学等方面的研究进展,探讨赛车的发展。文章对如何推进赛车,提出了对策和建议:1)基于中国汽车工业的发展建立社会主义赛车;2)特别注重运动员训练,包括他们的品质及数量;3)发展适用于我国的赛车活动。     

核电装备制造业供应风险的识别

在对供应风险形成机理探讨的基础上,构建核电装备制造业供应风险的识别模型,以双方的企业能力与合作意愿为准则,确立供应风险的影响因素指标体系。对国内某家重点核电装备制造企业及其60家供应商进行问卷调研及深度访谈,应用相关分析的方法验证理论假设。实证研究的结论表明,大部分指标通过了验证,被接受为供应风险的影响因子,另有一部分指标因为显著性低而被拒绝。     

高校教师资源结构合理性测度体系初探

教师资源结构是否合理是衡量高校教师人力资源建设是否成功的主要标准,因而构建有效的教师资源结构合理性测度体系对高校具有一定的现实指导意义。文章初步构建了高校教师资源结构合理性测度体系,从而为该领域的后续研究奠定基础。     

谈中华医学会电子版杂志当前遇到的瓶颈问题

中华医学会电子版医学系列杂志自2004年创刊以来,在医学界引起了积极的反响。但是随着时间的流逝,电子版杂志的很多问题也日渐暴露出来。提高电子系列杂志的学术水平和出版质量,提升电子杂志的形象,规范管理以保证系列杂志的整体质量,创办出精品期刊,考虑向网络期刊方向发展。真正担负起引领学科发展的责任,真正能够提升医疗的水平,为科研服务的同时更重要的是要为临床服务,做到"双效"、"双爱"。     

泰安市环境污染损失对GDP的修正核算

经济的发展和不断增长的GDP数字,是建立在资源环境不断透支的基础之上的,这种高消耗、高污染的发展方式使社会不能承受环境污染造成的风险。采用污染治理成本法对泰安市环境污染成本进行了核算,结果表明泰安市2006年环境治理成本占当年GDP的1.03%,10.45亿元属于虚增值,泰安市2006年绿色GDP为1001.75亿元。     

产学研结合培养模式下大学生应如何确立科研选题

随着社会发展对大学生科研素质能力要求越来越高,使更多在校大学生勇跃参与科研活动中来,但在选择研究问题时又感到迷惘,本文给出在产学研结合培养模式下学生该如何正确确立科研选题途径。