Analysis on influence of venture capital to technological innovation in SMEs and the core hindering factors-based on empirical data of listed companies of SME board in China

Author(s):  
Ma Wan-li ◽  
Zheng Su-li
2007 ◽  
Vol 09 (03) ◽  
pp. 515-525
Author(s):  
KIMMO ERIKSSON ◽  
JONAS SJÖSTRAND

The Swedish rent control system creates a white market for swapping rental contracts and a black market for selling rental contracts. Empirical data suggests that in this black-and-white market some people act according to utility functions that are both discontinuous and locally decreasing in money. We discuss Quinzii's theorem for the nonemptiness of the core of generalized house-swapping games, and show how it can be extended to cover the Swedish game. In a second part, we show how this theorem of Quinzii and her second theorem on nonemptiness of the core in two-sided models are both special cases of a more general theorem.


Author(s):  
Robert S. Siegler

My goal in writing this book is to change the agenda of the field of cognitive development. In particular, I want to promote greater attention to the question that I believe is inherently at the core of the field: How do changes in children’s thinking occur? Focusing on change may not sound like a radical departure from current practice, but I believe it is. It will require reformulation of our basic assumptions about children’s thinking, the kinds of questions we ask about it, our methods for studying it, the mechanisms we propose to explain it, and the basic metaphors that underlie our thinking about it. That modifications of all of these types are being proposed as a package is no accident. Just as existing approaches have directed our attention away from the change process, so may new ones lead us to focus squarely on it. This concluding chapter summarizes the kinds of changes in assumptions, questions, methods, mechanisms, and metaphors that I think are needed. My initial decision to write this book was motivated by a growing discomfort with the large gap between the inherent mission of the field—to understand changes in children’s thinking—and most of what we actually have been studying. As I thought about the problem, I came to the conclusion that existing assumptions, methods, and theories acted in a mutually supportive way to make what we typically do seem essential, and to make doing otherwise—that is, studying change directly—seem impossible. Even approaches that proclaimed themselves to be radical departures from traditional theories maintained many fundamental assumptions of those theories. An increasing body of empirical evidence, however, indicates that some of the assumptions are wrong and that the way in which they are wrong has led us to ignore fundamental aspects of development. In this section, I describe prevailing assumptions regarding variability, choice, and change, and propose alternatives that seem more consistent with empirical data and more useful for increasing our understanding of how changes occur.


Author(s):  
Hu Henry T C

This chapter focuses on the United States' (US) disclosure paradigm. It explains that the disclosure paradigm contemplates a unique regulatory role for the Securities and Exchange Commission (SEC). Here, the fulfilment of its core mission is essential not only to investor protection and market efficiency, but to a wide variety of transparency-dependent corporate governance mechanisms. Financial innovation is contributing to a ‘too complex to depict’ problem that brings into question the sufficiency of the core approach to information that the SEC has used since its creation. Moreover, particular financial innovations pose product-specific challenges to the fulfilment of the SEC's mission. Additionally, changing conceptions of the ends to be achieved by public disclosure, within the SEC disclosure system itself and pursuant to a new disclosure system driven by regulators with far different mindsets, raise new issues. It is now demonstrable that the new modes of information and the alternative data made possible by technological innovation can help address some of the disclosure challenges posed by financial innovation. At the same time, these new modes and alternative data introduce regulatory complexities. The chapter thus concludes that modern divergences are making life interesting for regulators, practitioners, and academics alike.


2020 ◽  
Vol 19 (3) ◽  
pp. 245-281
Author(s):  
Xiaohui Tao ◽  
Yang Li

Abstract Venture capital (VC) can promote the innovation of invested enterprises through financial support, social networking, and intellectual capital. Based on data of Chinese listed companies from 2003 to 2016, this study, firstly, compares the impact of government and private VC on enterprise innovation using Possion regression, and applies the ITCV method and Negative Binomial Regression for Robustness Examination, then, explores the relationship between their shareholding percentage and enterprise innovation with threshold test. The results show that: the performance of private VC is significantly positive and in line. With the increasing shareholding percentage of private VC, the innovation of invested enterprises increases. The overall performance of government VC, however, is not significant, and the shareholding percentage of government VC also has no significant impact on the innovation of invested companies. Additional testing revealed that a “threshold effect” however exists in the impact of the shareholding percentage of government VC on innovation: within a certain range, the higher the shareholding percentage, the more significant the impact on innovations becomes, but beyond that range, the percentage is inversely related to innovation.


BJHS Themes ◽  
2018 ◽  
Vol 3 ◽  
pp. 105-128
Author(s):  
BERNARDO JEFFERSON DE OLIVEIRA

AbstractIn the early twentieth century, encyclopedias addressed to children and youths became special reference works concerning science and technology education. In search of greater comprehension of this historical process, I analyse The Children's Encyclopedia’s representation of science and technology, and how it was re-edited by the North American publishing company that bought its copyrights and promoted its circulation in several countries. Furthermore, I examine how its contents were appropriated in its translations into Portuguese and Spanish, which circulated in Latin America in the first half of the twentieth century. The comparison between the different versions reveals that the writings of science and technology are practically the same, with significant changes only in literature and in the approach of historical and geographical themes. I then argue that, even keeping the scientific contents virtually unchanged, these versions of the encyclopedia gave it a new meaning, because of the contexts in which they circulated. Finally, I show how the appropriations of the encyclopedia contributed to the promotion of scientific values and technological innovation as the core development and as a model of civilization for South American nations.


2014 ◽  
Vol 521 ◽  
pp. 810-814
Author(s):  
Jie Luo

Technological innovation is the core activity of petroleum enterprises. Low-carbon technology innovation system construction and optimization play a decisive role for improving the ability of technological innovation and sustainable development. Based on analyzing the meaning of enterprise technology innovation system, detailed the structure of the low-carbon technology innovation system of petroleum enterprises, pointed out the direction and the main content of the low-carbon technology innovation system optimization, and provided a reference for Chinese petroleum enterprises to develop low-carbon technology innovation.


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