Constraints of Sedimentary Records on Cretaceous Paleoclimate Simulation in China Mainland

Cross-border venture capitals (CBVCs) are increasingly prevailing in recent decades, inter alia in emerging markets like China. The venture capital (VC) firms investing outside their home countries are faced with foreignness which is broadly regarded as liability. The primary aim of this article is to contribute to our understanding how foreignness affects VC’s strategy when entering emerging markets, particularly with respect to the foreignness originated from cultural distance. The data consist of over 5,000 CBVC deals taking place in China mainland from 1988 to 2016. Our empirical study shows that, with foreignness growing, it turns from liability into advantage in the context of CBVCs. We find an inverse U-shape relationship between foreignness and syndication, with VC firm’s reputation as the moderator. Besides, foreign VC firms establish local subsidiary when faced with foreignness, which serves as alternative to syndication. The key contribution of this article is that foreignness turns from liability into advantage in emerging markets, which exerts a curvilinear impact on the entry strategy of VC firms. This study advances the knowledge of foreignness and VC strategy, and sheds new light on entrepreneurial activities in emerging markets.

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Evidence of Unknown Paleo-Tsunami Events along the Alas Strait, West Sumbawa, Indonesia

Geosciences ◽

10.3390/geosciences11020046 ◽

2021 ◽

Vol 11 (2) ◽

pp. 46

Author(s):

Bachtiar W. Mutaqin ◽

Franck Lavigne ◽

Patrick Wassmer ◽

Martine Trautmann ◽

Puncak Joyontono ◽

...

Keyword(s):

Radiocarbon Dating ◽

Pyroclastic Flows ◽

Western Coast ◽

Eastern Shore ◽

Tsunami Deposits ◽

The West ◽

Marine Deposits ◽

Sedimentary Records ◽

The North ◽

Large Earthquakes

Indonesia is exposed to earthquakes, volcanic activities, and associated tsunamis. This is particularly the case for Lombok and Sumbawa Islands in West Nusa Tenggara, where evidence of tsunamis is frequently observed in its coastal sedimentary record. If the 1815 CE Tambora eruption on Sumbawa Island generated a tsunami with well-identified traces on the surrounding islands, little is known about the consequences of the 1257 CE tremendous eruption of Samalas on the neighboring islands, and especially about the possible tsunamis generated in reason of a paucity of research on coastal sedimentary records in this area. However, on Lombok Island, the eruption of the Samalas volcano produced significant volumes of pyroclastic flows that entered the sea in the North and East of the island. These phenomena must have produced a tsunami that left their traces, especially on Sumbawa Island, whose western coastline is only 14 km away from Lombok’s eastern shore. Therefore, the main goal of this study is to investigate, find evidence, and determine the age of marine-origin sediments along the shore of the Alas Strait, Indonesia. We collected and analyzed samples of coral and seashells from marine deposits identified along the west coast of Sumbawa, i.e., in Belang Island and abandoned fishponds in Kiantar Village, in order to identify the sources and the occurrence period of these deposits events. Based on the radiocarbon dating of coral and seashell samples, we concluded that none of the identified marine deposits along the western coast of Sumbawa could be related chronologically to the 1257 CE eruption of Samalas. However, possible tsunami deposits located in Belang Island and abandoned fishponds in Kiantar Village yielded 4th century CE, 9th century CE, and 17th century CE. We also conclude that past large earthquakes triggered these tsunamis since no known volcanic eruption occurred near the Alas Strait at that time that may have triggered a tsunami.

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