When does corporate venture capital add value for new ventures?

New ventures face a trade‐off when considering corporate venture capital (CVC) funding. Corporate investors can provide complementary assets that enhance the commercialization of new venture technologies. However, tight links with a particular corporate investor has drawbacks and may constrain new ventures from accessing complementary assets from diverse sources in an open market. Taking this trade‐off into account, we explore conditions under which CVC funding is beneficial to new ventures. Using a sample of computer, semiconductor, and wireless ventures, we find that CVC funding is particularly beneficial for new ventures when they require specialized complementary assets or operate in uncertain environments. Copyright © 2011 John Wiley & Sons, Ltd.     

品牌生态因子与企业“品牌互补”战略

“品牌互补”国际化战略把影响品牌发育的消费市场因子、社会生态因子以及企业生态因子恰当的结合起来，发掘市场潜在需求、建立顾客忠诚。以扩大顾客价值为着力点的的品牌互补战略在为顾客提供新的利益的同时，也使企业自身赢得了更大的价值创造和竞争优势，是一种超越零和竞争的战略思维。     

村级党组织与农民专业合作社关系的调查与分析——以浙西农村为个案

村级党组织与农民专业合作社之间的关系,既不同于西方国家的政府与民间组织的关系,也不同于国内某些地区的＂二位一体＂、＂三位一体＂等模式,而是一种建立在根本目标一致基础上的互补性合作关系。合作的动因是双方需要对方的帮助来应对困难和挑战;合作的内容包括政治、经济、社会各个层面,主要表现在村党支部为农民专业合作社提供更好的发展环境,农民专业合作社为村党支部发挥领导核心作用搭建更好的平台;合作结果是村级党组织与专业合作社互利共赢。     

Partnerships, Buy-Out Options and Investment in Emerging Markets

Asymmetric information and fear of acquiring a "lemon" may explain the paucity of foreign investment in emerging market economies. If investors are uncertain about the profitability of investments, intrinsically inefficient, temporary partnerships or joint ventures may serve as mechanisms through which information is transmitted. Temporary partnerships with joint investments by the domestic firm and the investor, together with a buy-out option to the investor, may sometimes separate good and bad investment prospects in equilibrium. However, separating equilibria may fail to exist. Implications for foreign direct investment are traced and briefly related to the experience of transition economies.
JEL classification: D 8; F 2; L 14; O 12     

论民事再审制度的修正与重构

民事再审,是指人民法院对已经发生法律效力的民事裁判、调解协议发现确有错误,依法再次进行审理的程序。作为民事诉讼程序中的补救程序,民事再审制度承担着纠正裁判错误,保障当事人合法权益,确保法律正确实施的功能。从区分其与作为宪法性权利的申诉权入手,介绍我国对原有制度的修正,通过历史和规范分析的方法,深入探讨该蕴含的价值冲突和平衡制度和补充性的特点,并从不同角度提出重构和完善的设想。     

个人-组织匹配的研究现状述评

个人-组织匹配指的是个体特征与组织特征的相容性,其对个体的工作态度和工作行为具有积极的影响.本文在回顾国内外现有文献的基础上,对个人-组织匹配的概念内涵、测量方式及维度、相关应用研究等方面进行了述评,并指出未来的研究方向和重点.     

McKinnon互补性假说在中国成立吗?——基于1980—2010年数据的分析

通过建立向量自回归(VAR)模型,运用Johansen多变量协整和向量误差修正方法,利用中国1980—2010年的样本数据对McKinnon互补性假说进行实证检验。研究结果表明,McKin-non互补性假说在中国成立,即货币需求与资本形成为互补关系。其政策含义是:中国应继续大力推进金融改革特别是利率市场化改革;同时,采取各种有效措施提高实体经济的回报率,鼓励商业银行向中小企业贷款,以此促进企业的资本积累和经济的持续增长。     

Who leaves,where to,and why worry? employee mobility,entrepreneurship and effects on source firm performance

We theorize that the value provided by the firm's complementary assets has important implications for the exit decisions of employees and their subsequent effects on the firm's performance. Using linked employee‐employer data from the U.S. Census Bureau on legal services, we find that employees with higher earnings are less likely to leave relative to employees with lower earnings, but if they do, are more likely to create a new venture than join another firm. Employee entrepreneurship has a larger adverse impact on source firm performance than moves to established firms, even controlling for observable employee quality. Our findings suggest that in knowledge intensive settings, managers should focus on tailoring compensation packages to help minimize the adverse impact of employee entrepreneurship, particularly among high performing individuals. Copyright © 2011 John Wiley & Sons, Ltd.     

我国进出口贸易偏价格弹性的研究及应用

在过去的30年中,我国对外贸易结构发生了巨大的变化,与各国签订的双边和多边贸易协定越来越多,同时贸易过程中发生的摩擦也越来越频繁,那么弄清楚我国对外贸易各组成部分的相互替代和互补关系,对于调整和制定有效的贸易策略就具有重要的指导意义。本文采用完全灵活的对称标准二次型(Symmetric Normalized Quadratic)总函数,估计了1990—2010年我国主要对外贸易伙伴的进口和出口偏价格弹性。考察的贸易伙伴包括我国对外贸易中的16个主要国家和地区,展示了我国对外贸易的替代和互补关系图,以及这种关系的动态变化,最后利用这些替代和互补关系的结果总结了我国对外贸易策略的主旨。     

我国关于国际直接投资理论的研究评述

自1960年以来,由于西方学者富有成效的研究,国际直接投资理论已发展成为国际经济学领域内一门独立的学科。西方学者从投资国立场出发,集中研究发达国家厂商对外直接投资领域,很少涉及吸收直接投资领域,对发展中国家吸收国际直接投资和对外直接投资缺乏足够的理论解释。改革开放以来,随着中国吸收利用国际直接投资的增加,我国学者开始对这一领域进行研究,取得一些进展。本文介绍了我国学者近年来提出的诱发要素组合理论、非内部化理论和优势互补理论,并分别给予了分析评价。