This paper focuses on the innovation as a key factor in entrepreneurial cycles particularly in those who deal with production. Taking into the consideration the whole entrepreneurial cycle, the innovation is the most ...This paper focuses on the innovation as a key factor in entrepreneurial cycles particularly in those who deal with production. Taking into the consideration the whole entrepreneurial cycle, the innovation is the most sensitive factor that determines the products giving to them the "soul" and in most cases separating successful from unsuccessful ones on the market. In the era of global market, competitiveness became one of the most important factors for each company. Within an enterprise, the engineers are those who are qualified and responsible to take care about the competitiveness of the products that company produce. They have to be introduced not just about the technology in sense of "how to made smt.", but even rather "bow to make the better product than others". "Better" could be involved in product various characteristics as quality, functionality, durability and any other ones which will convince the customer to buy it. The engineers should be more focused on the "value" involved in the product rather than on its "materialization", simply because the customers buy the value for him/her. By neglecting innovation, companies become just a simple economy subjects, without entrepreneurial elements, losing competitiveness and endanger their future. In long-term perspective, the permanent innovations implemented in the products and services as well as in the production process enable companies to became or remain competitive on the market.展开更多
Cultivating innovative tourism talents is critical in ceramic tourist industry, the reason for which is that the core of the market competition is the competition of talents. In recent years, the deficiency of excelle...Cultivating innovative tourism talents is critical in ceramic tourist industry, the reason for which is that the core of the market competition is the competition of talents. In recent years, the deficiency of excellent tourism talents has become the bottleneck to restrict the development of ceramic tourism industry in Jingdezhen. In order to solve the difficulty, for the investigation on the status of ceramic tourism talents, the paper analyzes the existing problems and observes the strategies and ideas of constructing innovative ceramic tourism talents.展开更多
This study elaborates three things: Firstly is the current agricultural cooperatives management and their low farm performance in eight provinces in the eastern of Thailand where are the bases of Thailand famous frui...This study elaborates three things: Firstly is the current agricultural cooperatives management and their low farm performance in eight provinces in the eastern of Thailand where are the bases of Thailand famous fruits products. Secondly is to point out the key concepts of the theory of entrepreneur and the strength of it to assist the community development, to teach young people, adults and cooperatives members to prepare them to pertain good entrepreneurship that meets cooperatives concepts and principles. Thirdly is to give an example of research study that describes how to identify entrepreneurial capability of agricultural cooperatives members in Thailand, dependent variable is qualitative or binary, we use "odds value" or probability of success over the probability of failure to identify the set of odds value, and use exponential function to transform the odds value to be the log of odds or Logit model. If probability of entrepreneur is over the cutting point of 0.8, it implied that members are pertained high entrepreneurial capability and vise versa. The first step of research is the analysis of five year panel secondary data during 2011-2015, collected from Cooperatives Auditing Department. Eight groups of 679 numbers of data from 215 cooperatives were calculated, data were divided by the number of member. These eight independent variables are Total income per member, Total equity per member, Net profit per member, Co-ops operating capital per member, Total cooperatives capital per member, Total deposit per member, Total asset per member, Number of member. Qualitative data are the four sizes of cooperatives: large, big, medium, and small. Qualitative data are the only one intervening variable in the model. Secondary data found that only four quantitative independent variables effect to entrepreneurial capability. Total asset per member, and Total income per member had negative effect, but Net profit per member, and Cooperatives capital per member had positive effect. It means that if cooperatives acquire more and more asset, cooperatives will have more burden of debt or equity and probability of entrepreneur will be decreased. If cooperatives gain more and more income to the firm, it means the complex organization or the cooperatives will success but the individual member who is individual finn will get loss. Cooperatives capital per member and Net profit per member have positive effect. Because cooperatives capital were gained from residual and after the allocation of cooperatives surplus to be patronage refund according to the volume of business which member had done with the cooperatives and dividend pay out to member according to the number of stocks they held for their saving with the cooperatives. For qualitative variable, large and medium size of cooperatives had no any effects, but small size of cooperatives had more effect than the big size. It implied that big cooperatives who had more and more number of members have more and more burden. Small size of cooperatives is similar to individual firm of each member. Thus, optimum size of cooperatives is suitable for their service and efficient management, if the size of business volume increasing continuously, the quality of service will decrease, because almost cooperatives organization is pricing at break even point. Second step is a primary survey of data from Rayong province. Seventy-five samples of cooperatives members have not recorded their business information, both revenue and cost. We cannot use logistic regression to run the second model, but only Multiple Regression Analysis (MRA). MRA results identify that the cooperatives profit of each member depends on three variables: (1) sales, (2) member responsibility (not board member responsibility or Management responsibility), (3) member's level of education. Suggestion and recommendation is that agricultural cooperatives members in Thailand still have to improve their entrepreneurial capability by recording all information related to business functions and prepare financial record to represent efficient use of resources to meet member and community's needs.展开更多
Swine rearing and pork production has recently attracted the growing interest of Ghanaian farmers who seek diversification of enterprises and existing farmers looking for alternatives following a period of low profita...Swine rearing and pork production has recently attracted the growing interest of Ghanaian farmers who seek diversification of enterprises and existing farmers looking for alternatives following a period of low profitability. Piggery was established to combine science and technology to generate innovations for anyone seeking to establish a new pig production enterprise. Results show that since 2008 to 2013, pork prices in Ghana rose rapidly between 115-120%. Also the rate of returns was higher at 43.62% compared to bank interested rate. Feed, as a percentage of total costs, were minimised from 70% to 55% with integrated lactobacillus brewer spent malt as supplement to formulated feed. The piggery project was highly successful and invested capital was recouped within two years of project take-off. Collaborating with other farms, organisations and entrepreneurs, a lot of research innovations in the area of improving feed cost, animal nutrition, waste management practices, and breeding have been generated and shared with both small and large-holder pig farmers. In all aspect of the farm management, results achieved so far especially with pork carcass quality and profit margins are encouraging which have led to the expansion of the piggery project.展开更多
Starting with the basic knowledge of the system, the researcher analyzes the significance of institutional innovation in revitalizing old industrial bases in Northeast of China. It is not difficult to discover that No...Starting with the basic knowledge of the system, the researcher analyzes the significance of institutional innovation in revitalizing old industrial bases in Northeast of China. It is not difficult to discover that Northeast's backwardness is caused by both of the historical and the artificial reasons. What's more, owing to the establishment of market economy, the old system no longer satisfies the development of the new system. Therefore, in order to speed up the Northeast region's economy and make it truly become the fourth growth pole, we must accelerate the innovation system.展开更多
The propose of "four new" economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following y...The propose of "four new" economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following years, Shanghai will focus on the capture of key technologies, promoting the transformation of technology, expanding market demand, improving the development of the carrier, encouraging and supporting enterprises, financial institutions and social capital to increase the investment and use of"four new" economy, to promote the "four new" economy gradually grow and develop. With the "four new" economy's development and growth, its service model should be changed too. On the basis of theory and practice, the text proposes three forms of innovative services models and relate recommendations to promote it.展开更多
This paper examines the role of innovation in firm performance by drawing empirical evidence from the capital market. The current study analyzes risk premiums and risk-adjusted excess returns of a portfolio of the mos...This paper examines the role of innovation in firm performance by drawing empirical evidence from the capital market. The current study analyzes risk premiums and risk-adjusted excess returns of a portfolio of the most innovative firms in the US from 2006 to 2010. The results show that average risk premiums of an equal-weighted portfolio of the most innovative finns in the US are economically larger than the CRSP2 value-weighted index risk premiums four years in a row from 2006 to 2009 and are economically greater than the standard and poor (S&P) 500 index risk premiums from 2006 to 2010. The portfolio exhibits average statistically significant and positive risk-adjusted excess returns for the 3-year and 5-year holding period intervals. The findings serve as evidence of the favorable role of innovation in firm performance.展开更多
This paper examines the critical role of globalization as a driver for innovation. The introduction of the global strategy quadruple model truly links the three known strategy perspectives (namely, industry competiti...This paper examines the critical role of globalization as a driver for innovation. The introduction of the global strategy quadruple model truly links the three known strategy perspectives (namely, industry competition, resources and institution views) and performance. The model could assist in advancing the cause of sustainable competitive advantages. This study could assist scholars in addressing the three important research questions: (1) Why are some finns more innovative than others? (2) What effects do product, firm, industry, and market innovativeness have on business performance? and (3) Does the link between innovativeness and business performance depend on all or some of the innovativeness factors of product, firm, industry, and market? The presented set of four hypotheses, when tested, will result in a better understanding of the links and relationships among a firm's global strategy, innovativeness, and business performance. The quadruple model presented can be used to examine these relationships in general and in the context of innovation. It is anticipated that this paper will assist researchers, business management, and analysts in developing global innovation strategies.展开更多
Nowadays many colleges have opened the animation specialty.However, setting up colleges increasing Numbers represent only the surface of the stack, and the nature of the talent cultivation system structure.Lack of opt...Nowadays many colleges have opened the animation specialty.However, setting up colleges increasing Numbers represent only the surface of the stack, and the nature of the talent cultivation system structure.Lack of optimization training mode, curriculum system hasn't been established, and the required talent market imbalances, as non-existent, without water fish, animation talent will to die, animation industry will slump and slump, animation market will also be barren and desolate.From in-depth exploration on the teaching system and teaching methods, research, and discuss the best solution, it is necessary to explore the training mode for animation professional development. With animation professional rapid development, the number of students has ballooned, animation education in colleges and universities has become the main base of animation talent cultivation, will in the next few years as China's animation industry to develop a large number of high-quality talent.Many schools use the traditional teaching methods and teaching mode, the lack of systematic and innovation.This high-volume, homogeneity of animation education, bring extensive form -- the result of the students' professional skills in the face of employment when the choice is very single, many students just after finish this course will use software or it is an imitation of making a few small animation, creative and independent production does not have the ability of some animation short film, at the same time not good to achieve docking of shortage of the professional and market and can not adapt in the work.This will lead to the animation education market, the rapid expansion of saturation will endanger the whole animation industry market. But, in recent years, there is a seemingly contradictory phenomenon: on the one hand, find a job in a large number of animation in colleges and universities graduates appear difficult situation; The domestic animation companies, on the other hand, it is difficult to hire the best animation talent, animation professional obtain employment situation is very serious.For start animation professional colleges and universities, how to stay awake and calm in the boom, it is necessary for us to explore suitable for animation professional development model of education.展开更多
In keeping with the need for skills development and increased demand by business for more robust systems to develop staff, innovative ways for the development of human capital would need to be found. The current role ...In keeping with the need for skills development and increased demand by business for more robust systems to develop staff, innovative ways for the development of human capital would need to be found. The current role of workplace learning would need to align to job and qualification requirements. Organisations would need to explore the development of Corporate Qualifications Frameworks to quantity skills needs. In the process, attention has to be paid to creat contextual awareness as well as a sense of purpose for learners. In essence, an integrated educational model that should be more flexible, more adaptable, and more effective, serving the needs of society at large should be considered. Care should be taken to build frameworks and models that address both the productive needs of organisations, whilst at the same time, ensuring the engagement of individuals. These frameworks should entice the employee to participate in a self-development process that benifits the organisation. Corporates should address the aspirations of individuals and plan more rewarding careers for staff. Employees should have a clear path for development and growth. Through collective effort, all particpants would benefit.展开更多
文摘This paper focuses on the innovation as a key factor in entrepreneurial cycles particularly in those who deal with production. Taking into the consideration the whole entrepreneurial cycle, the innovation is the most sensitive factor that determines the products giving to them the "soul" and in most cases separating successful from unsuccessful ones on the market. In the era of global market, competitiveness became one of the most important factors for each company. Within an enterprise, the engineers are those who are qualified and responsible to take care about the competitiveness of the products that company produce. They have to be introduced not just about the technology in sense of "how to made smt.", but even rather "bow to make the better product than others". "Better" could be involved in product various characteristics as quality, functionality, durability and any other ones which will convince the customer to buy it. The engineers should be more focused on the "value" involved in the product rather than on its "materialization", simply because the customers buy the value for him/her. By neglecting innovation, companies become just a simple economy subjects, without entrepreneurial elements, losing competitiveness and endanger their future. In long-term perspective, the permanent innovations implemented in the products and services as well as in the production process enable companies to became or remain competitive on the market.
文摘Cultivating innovative tourism talents is critical in ceramic tourist industry, the reason for which is that the core of the market competition is the competition of talents. In recent years, the deficiency of excellent tourism talents has become the bottleneck to restrict the development of ceramic tourism industry in Jingdezhen. In order to solve the difficulty, for the investigation on the status of ceramic tourism talents, the paper analyzes the existing problems and observes the strategies and ideas of constructing innovative ceramic tourism talents.
文摘This study elaborates three things: Firstly is the current agricultural cooperatives management and their low farm performance in eight provinces in the eastern of Thailand where are the bases of Thailand famous fruits products. Secondly is to point out the key concepts of the theory of entrepreneur and the strength of it to assist the community development, to teach young people, adults and cooperatives members to prepare them to pertain good entrepreneurship that meets cooperatives concepts and principles. Thirdly is to give an example of research study that describes how to identify entrepreneurial capability of agricultural cooperatives members in Thailand, dependent variable is qualitative or binary, we use "odds value" or probability of success over the probability of failure to identify the set of odds value, and use exponential function to transform the odds value to be the log of odds or Logit model. If probability of entrepreneur is over the cutting point of 0.8, it implied that members are pertained high entrepreneurial capability and vise versa. The first step of research is the analysis of five year panel secondary data during 2011-2015, collected from Cooperatives Auditing Department. Eight groups of 679 numbers of data from 215 cooperatives were calculated, data were divided by the number of member. These eight independent variables are Total income per member, Total equity per member, Net profit per member, Co-ops operating capital per member, Total cooperatives capital per member, Total deposit per member, Total asset per member, Number of member. Qualitative data are the four sizes of cooperatives: large, big, medium, and small. Qualitative data are the only one intervening variable in the model. Secondary data found that only four quantitative independent variables effect to entrepreneurial capability. Total asset per member, and Total income per member had negative effect, but Net profit per member, and Cooperatives capital per member had positive effect. It means that if cooperatives acquire more and more asset, cooperatives will have more burden of debt or equity and probability of entrepreneur will be decreased. If cooperatives gain more and more income to the firm, it means the complex organization or the cooperatives will success but the individual member who is individual finn will get loss. Cooperatives capital per member and Net profit per member have positive effect. Because cooperatives capital were gained from residual and after the allocation of cooperatives surplus to be patronage refund according to the volume of business which member had done with the cooperatives and dividend pay out to member according to the number of stocks they held for their saving with the cooperatives. For qualitative variable, large and medium size of cooperatives had no any effects, but small size of cooperatives had more effect than the big size. It implied that big cooperatives who had more and more number of members have more and more burden. Small size of cooperatives is similar to individual firm of each member. Thus, optimum size of cooperatives is suitable for their service and efficient management, if the size of business volume increasing continuously, the quality of service will decrease, because almost cooperatives organization is pricing at break even point. Second step is a primary survey of data from Rayong province. Seventy-five samples of cooperatives members have not recorded their business information, both revenue and cost. We cannot use logistic regression to run the second model, but only Multiple Regression Analysis (MRA). MRA results identify that the cooperatives profit of each member depends on three variables: (1) sales, (2) member responsibility (not board member responsibility or Management responsibility), (3) member's level of education. Suggestion and recommendation is that agricultural cooperatives members in Thailand still have to improve their entrepreneurial capability by recording all information related to business functions and prepare financial record to represent efficient use of resources to meet member and community's needs.
文摘Swine rearing and pork production has recently attracted the growing interest of Ghanaian farmers who seek diversification of enterprises and existing farmers looking for alternatives following a period of low profitability. Piggery was established to combine science and technology to generate innovations for anyone seeking to establish a new pig production enterprise. Results show that since 2008 to 2013, pork prices in Ghana rose rapidly between 115-120%. Also the rate of returns was higher at 43.62% compared to bank interested rate. Feed, as a percentage of total costs, were minimised from 70% to 55% with integrated lactobacillus brewer spent malt as supplement to formulated feed. The piggery project was highly successful and invested capital was recouped within two years of project take-off. Collaborating with other farms, organisations and entrepreneurs, a lot of research innovations in the area of improving feed cost, animal nutrition, waste management practices, and breeding have been generated and shared with both small and large-holder pig farmers. In all aspect of the farm management, results achieved so far especially with pork carcass quality and profit margins are encouraging which have led to the expansion of the piggery project.
文摘Starting with the basic knowledge of the system, the researcher analyzes the significance of institutional innovation in revitalizing old industrial bases in Northeast of China. It is not difficult to discover that Northeast's backwardness is caused by both of the historical and the artificial reasons. What's more, owing to the establishment of market economy, the old system no longer satisfies the development of the new system. Therefore, in order to speed up the Northeast region's economy and make it truly become the fourth growth pole, we must accelerate the innovation system.
文摘The propose of "four new" economy is to undertake innovation-driven transformation of Shanghai, promote the development of strategic emerging industries and transform and upgrade of manufacturing. In the following years, Shanghai will focus on the capture of key technologies, promoting the transformation of technology, expanding market demand, improving the development of the carrier, encouraging and supporting enterprises, financial institutions and social capital to increase the investment and use of"four new" economy, to promote the "four new" economy gradually grow and develop. With the "four new" economy's development and growth, its service model should be changed too. On the basis of theory and practice, the text proposes three forms of innovative services models and relate recommendations to promote it.
文摘This paper examines the role of innovation in firm performance by drawing empirical evidence from the capital market. The current study analyzes risk premiums and risk-adjusted excess returns of a portfolio of the most innovative firms in the US from 2006 to 2010. The results show that average risk premiums of an equal-weighted portfolio of the most innovative finns in the US are economically larger than the CRSP2 value-weighted index risk premiums four years in a row from 2006 to 2009 and are economically greater than the standard and poor (S&P) 500 index risk premiums from 2006 to 2010. The portfolio exhibits average statistically significant and positive risk-adjusted excess returns for the 3-year and 5-year holding period intervals. The findings serve as evidence of the favorable role of innovation in firm performance.
文摘This paper examines the critical role of globalization as a driver for innovation. The introduction of the global strategy quadruple model truly links the three known strategy perspectives (namely, industry competition, resources and institution views) and performance. The model could assist in advancing the cause of sustainable competitive advantages. This study could assist scholars in addressing the three important research questions: (1) Why are some finns more innovative than others? (2) What effects do product, firm, industry, and market innovativeness have on business performance? and (3) Does the link between innovativeness and business performance depend on all or some of the innovativeness factors of product, firm, industry, and market? The presented set of four hypotheses, when tested, will result in a better understanding of the links and relationships among a firm's global strategy, innovativeness, and business performance. The quadruple model presented can be used to examine these relationships in general and in the context of innovation. It is anticipated that this paper will assist researchers, business management, and analysts in developing global innovation strategies.
文摘Nowadays many colleges have opened the animation specialty.However, setting up colleges increasing Numbers represent only the surface of the stack, and the nature of the talent cultivation system structure.Lack of optimization training mode, curriculum system hasn't been established, and the required talent market imbalances, as non-existent, without water fish, animation talent will to die, animation industry will slump and slump, animation market will also be barren and desolate.From in-depth exploration on the teaching system and teaching methods, research, and discuss the best solution, it is necessary to explore the training mode for animation professional development. With animation professional rapid development, the number of students has ballooned, animation education in colleges and universities has become the main base of animation talent cultivation, will in the next few years as China's animation industry to develop a large number of high-quality talent.Many schools use the traditional teaching methods and teaching mode, the lack of systematic and innovation.This high-volume, homogeneity of animation education, bring extensive form -- the result of the students' professional skills in the face of employment when the choice is very single, many students just after finish this course will use software or it is an imitation of making a few small animation, creative and independent production does not have the ability of some animation short film, at the same time not good to achieve docking of shortage of the professional and market and can not adapt in the work.This will lead to the animation education market, the rapid expansion of saturation will endanger the whole animation industry market. But, in recent years, there is a seemingly contradictory phenomenon: on the one hand, find a job in a large number of animation in colleges and universities graduates appear difficult situation; The domestic animation companies, on the other hand, it is difficult to hire the best animation talent, animation professional obtain employment situation is very serious.For start animation professional colleges and universities, how to stay awake and calm in the boom, it is necessary for us to explore suitable for animation professional development model of education.
文摘In keeping with the need for skills development and increased demand by business for more robust systems to develop staff, innovative ways for the development of human capital would need to be found. The current role of workplace learning would need to align to job and qualification requirements. Organisations would need to explore the development of Corporate Qualifications Frameworks to quantity skills needs. In the process, attention has to be paid to creat contextual awareness as well as a sense of purpose for learners. In essence, an integrated educational model that should be more flexible, more adaptable, and more effective, serving the needs of society at large should be considered. Care should be taken to build frameworks and models that address both the productive needs of organisations, whilst at the same time, ensuring the engagement of individuals. These frameworks should entice the employee to participate in a self-development process that benifits the organisation. Corporates should address the aspirations of individuals and plan more rewarding careers for staff. Employees should have a clear path for development and growth. Through collective effort, all particpants would benefit.