The main purpose of this study is to verify the influence of accumulated Intellectual Capital (IC) on the organizational performance of biotechnology companies listed on the Taiwan Stock Exchange, with brand equity ...The main purpose of this study is to verify the influence of accumulated Intellectual Capital (IC) on the organizational performance of biotechnology companies listed on the Taiwan Stock Exchange, with brand equity being the moderating variable. Financial and marketing section chiefs or employees of higher levels at Taiwan listed biotechnology companies were interviewed, with the companies' ROE (return on equity) data obtained from the Taiwan Economic Journal (TEJ) database. While convenience sampling was used to yield knowledge from the population, the linear Structural Equation Modeling (SEM) was adopted to verify the goodness-of-fit effects among the overall model, structural model, and measurement model. Findings from this study show that, at Taiwan listed biotechnology companies, IC accumulation and increased brand equity have significantly interactive influences on organizational performance.展开更多
The structures of numerous industries, including the insurance industry, have been altered by the ongoing development of associated technologies. As the insurance industry undergoes this period of technology transform...The structures of numerous industries, including the insurance industry, have been altered by the ongoing development of associated technologies. As the insurance industry undergoes this period of technology transformation, it is important to recognize the key role that big data play in the industry. Most critically, the industry could not function without the utilization of big data, which explains to a large extent why every insurance company maintains its own numeric database. Relatedly, Taiwan's Bureau of National Health Insurance recently established the Information Integration Application Service Center, to which qualified companies and institutions can submit applications for permission to analyze the bureau's collected disease data according to stipulated regulations. In effect, access to the center's data provides insurance companies with a further means of improving their operational effectiveness through the analysis of big data, with targets for potential improvements including the various strategies utilized to react to changes in the environment, such as those involved in marketing, administrative management, and product pricing and services. The foundation of the present study consisted of a literature review and survey, with the key objective being to determine and discuss the effects of big data analysis on the medical insurance industry, including the changes that the utilization of big data results in for the customers of medical insurance companies. With the issues discussed above in mind, the survey was designed to determine whether medical insurance consumers know about and understand the effects of big data. The survey data indicated the following key findings: (1) The two concepts exhibit clear differences in terms of population statistic wxiables; (2) The two concepts exhibit clear differences in terms of insurance purchasing variables; and (3) The two concepts exhibit clear differences in terms of the level of understanding regarding big data.展开更多
Taiwan changed its earnings forecast policy from mandatory to voluntary disclosure in 2005. In this study, the inferences of voluntary earnings forecast are examined based on forecasts issued by listed firms. This stu...Taiwan changed its earnings forecast policy from mandatory to voluntary disclosure in 2005. In this study, the inferences of voluntary earnings forecast are examined based on forecasts issued by listed firms. This study suspects that insiders have a temptation to strategically manipulate financial forecast information to influence markets and thus receive extra rents. Under the new earnings forecast disclosure policy, the number of disclosing firm decreases but the precision of earnings forecast increases. The empirical result from dynamic panel data evidences the forecast error of voluntary disclosure may negatively impact firm values. Furthermore, there is a positive relationship between insiders' trading profit and manipulation of earnings forecasts. As volatility in insider manipulation increases, it is difficult for the investors to predict the real intention of insiders, and insiders may achieve greater benefits from trading. This study also observes that many listed companies hold investor conferences to provide earnings guidance in Taiwan. The reason may be that investor conference is more flexible and has less forecast error cost than the formal financial forecast. This study provides important insights into earnings forecast policy in emerging markets. The competent authority should improve corporate governance and develop monitoring functions to abate forecast manipulation.展开更多
Similarly to what happens in other European countries, Portugal has been feeling the need to rethink its public state subsidy scheme to media. In this context, this paper presents an analysis of the impacts arising fr...Similarly to what happens in other European countries, Portugal has been feeling the need to rethink its public state subsidy scheme to media. In this context, this paper presents an analysis of the impacts arising from the provision of such subventions in local and regional media, questioning if the state support system is adequate to the business reality and contributing to improving it. Hence, this work reflects regional realities in the national context, being also, in a greater scale, a mirror of the models prevalent in Europe, a continent marked by significant state intervention. This study also establishes a diverse set of information, including an intensive collection of empirical data on the impact of direct incentives on the companies' performance, product quality, market competitiveness and pluralism of voices in the regional and local information market, based on a case study on the Portuguese state support system and the analysis of 21 local and regional media companies. In fact, the results of this research point out that, although these incentives are considered by the affected media companies as very important, having positive impacts regarding the improvement of journalistic products (such as online presence on the Intemet), maintaining human resources and promoting the pluralism of voices; they do not seem to be adequately efficient to provide a sustainable growth in local and regional media.展开更多
This paper describes the platformisation of the mobile services domain,which in recent years has become a successful strategy for some hardware manufacturers and software companies.While having different platform stra...This paper describes the platformisation of the mobile services domain,which in recent years has become a successful strategy for some hardware manufacturers and software companies.While having different platform strategies and business models,they have succeeded in creating a demand for mobile software and content with end-users.This paper proposes a way to determine the optimum platform-charging mode that an operator should adopt to play a meaningful role in the mobile service domain and with respect to content with end-users.Four charging modes employed by mobile application stores are studied in this paper,namely the one-sided paid-by-users charging mode,the one-sided paid-by-advertisers charging mode,the two-sided differential paid charging mode and the two-sided paid and free access charging mode.Furthermore,a comparative analysis of the four modes is also presented.展开更多
This paper focuses on the independent design and construction of HYSY981. HYSY981,which China National Offshore Oil Corporation(CNOOC) possesses its intellectual property right,is brought forward by advanced research,...This paper focuses on the independent design and construction of HYSY981. HYSY981,which China National Offshore Oil Corporation(CNOOC) possesses its intellectual property right,is brought forward by advanced research,concept design and combined basic design. The key technologies are the researches concerning global design,system integration,platform positioning,global performance analysis,structural strength and fatigue analysis,environment effect assessment of South China Sea,basin test and tunnel test,and construction technology of platform. Core technology of design and construction for the 6th deep water semi-submersible rig is held. Independent detail design and construction are also accomplished. These have improved technology of key equipment for China offshore oil exploitation.展开更多
Zhejiang Heben Pesticide & Chemical Co.,Ltd. (Heben P & C) is located in Wenzhou,Zhejiang province, and mainly producespesticides and intermediates, including morethan 20 kinds of technicals like high-purityme...Zhejiang Heben Pesticide & Chemical Co.,Ltd. (Heben P & C) is located in Wenzhou,Zhejiang province, and mainly producespesticides and intermediates, including morethan 20 kinds of technicals like high-puritymetalaxyl, triphenyltin acetate and fentinhydroxide, as well as over 40 kinds of preparations such as thiram + tolcofos, fentinacetate and metalaxyl. At present, it has atotal capacity of producing 8 000 tons ofpesticide technicals per year.展开更多
: The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or l...: The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or long-term transactions. This paper pro- poses a modelity which is the middle or long-term bidding strategy in two-tiers electricity market that is based on the optimal power flow (OPF). Uncertainties in the outside world are regarded as the agent (Agent) of "external environment." Under this conditions, Agent through environment evaluation judges to select viable strategic. Through learning from experiences and opponent's behaviors, Agent guides the purpose of the best production. The adaptability and superiority of this model is tested based on Repast with a standard IEEE-5 bus 6 notes test system.展开更多
文摘The main purpose of this study is to verify the influence of accumulated Intellectual Capital (IC) on the organizational performance of biotechnology companies listed on the Taiwan Stock Exchange, with brand equity being the moderating variable. Financial and marketing section chiefs or employees of higher levels at Taiwan listed biotechnology companies were interviewed, with the companies' ROE (return on equity) data obtained from the Taiwan Economic Journal (TEJ) database. While convenience sampling was used to yield knowledge from the population, the linear Structural Equation Modeling (SEM) was adopted to verify the goodness-of-fit effects among the overall model, structural model, and measurement model. Findings from this study show that, at Taiwan listed biotechnology companies, IC accumulation and increased brand equity have significantly interactive influences on organizational performance.
文摘The structures of numerous industries, including the insurance industry, have been altered by the ongoing development of associated technologies. As the insurance industry undergoes this period of technology transformation, it is important to recognize the key role that big data play in the industry. Most critically, the industry could not function without the utilization of big data, which explains to a large extent why every insurance company maintains its own numeric database. Relatedly, Taiwan's Bureau of National Health Insurance recently established the Information Integration Application Service Center, to which qualified companies and institutions can submit applications for permission to analyze the bureau's collected disease data according to stipulated regulations. In effect, access to the center's data provides insurance companies with a further means of improving their operational effectiveness through the analysis of big data, with targets for potential improvements including the various strategies utilized to react to changes in the environment, such as those involved in marketing, administrative management, and product pricing and services. The foundation of the present study consisted of a literature review and survey, with the key objective being to determine and discuss the effects of big data analysis on the medical insurance industry, including the changes that the utilization of big data results in for the customers of medical insurance companies. With the issues discussed above in mind, the survey was designed to determine whether medical insurance consumers know about and understand the effects of big data. The survey data indicated the following key findings: (1) The two concepts exhibit clear differences in terms of population statistic wxiables; (2) The two concepts exhibit clear differences in terms of insurance purchasing variables; and (3) The two concepts exhibit clear differences in terms of the level of understanding regarding big data.
文摘Taiwan changed its earnings forecast policy from mandatory to voluntary disclosure in 2005. In this study, the inferences of voluntary earnings forecast are examined based on forecasts issued by listed firms. This study suspects that insiders have a temptation to strategically manipulate financial forecast information to influence markets and thus receive extra rents. Under the new earnings forecast disclosure policy, the number of disclosing firm decreases but the precision of earnings forecast increases. The empirical result from dynamic panel data evidences the forecast error of voluntary disclosure may negatively impact firm values. Furthermore, there is a positive relationship between insiders' trading profit and manipulation of earnings forecasts. As volatility in insider manipulation increases, it is difficult for the investors to predict the real intention of insiders, and insiders may achieve greater benefits from trading. This study also observes that many listed companies hold investor conferences to provide earnings guidance in Taiwan. The reason may be that investor conference is more flexible and has less forecast error cost than the formal financial forecast. This study provides important insights into earnings forecast policy in emerging markets. The competent authority should improve corporate governance and develop monitoring functions to abate forecast manipulation.
文摘Similarly to what happens in other European countries, Portugal has been feeling the need to rethink its public state subsidy scheme to media. In this context, this paper presents an analysis of the impacts arising from the provision of such subventions in local and regional media, questioning if the state support system is adequate to the business reality and contributing to improving it. Hence, this work reflects regional realities in the national context, being also, in a greater scale, a mirror of the models prevalent in Europe, a continent marked by significant state intervention. This study also establishes a diverse set of information, including an intensive collection of empirical data on the impact of direct incentives on the companies' performance, product quality, market competitiveness and pluralism of voices in the regional and local information market, based on a case study on the Portuguese state support system and the analysis of 21 local and regional media companies. In fact, the results of this research point out that, although these incentives are considered by the affected media companies as very important, having positive impacts regarding the improvement of journalistic products (such as online presence on the Intemet), maintaining human resources and promoting the pluralism of voices; they do not seem to be adequately efficient to provide a sustainable growth in local and regional media.
基金supported by the National Natural Science Foundation of China under Grant No.61071077
文摘This paper describes the platformisation of the mobile services domain,which in recent years has become a successful strategy for some hardware manufacturers and software companies.While having different platform strategies and business models,they have succeeded in creating a demand for mobile software and content with end-users.This paper proposes a way to determine the optimum platform-charging mode that an operator should adopt to play a meaningful role in the mobile service domain and with respect to content with end-users.Four charging modes employed by mobile application stores are studied in this paper,namely the one-sided paid-by-users charging mode,the one-sided paid-by-advertisers charging mode,the two-sided differential paid charging mode and the two-sided paid and free access charging mode.Furthermore,a comparative analysis of the four modes is also presented.
基金National "863"Program "The study of 3000m depth water semi-submersible drilling rig key technology"( No.2006AA09A103)
文摘This paper focuses on the independent design and construction of HYSY981. HYSY981,which China National Offshore Oil Corporation(CNOOC) possesses its intellectual property right,is brought forward by advanced research,concept design and combined basic design. The key technologies are the researches concerning global design,system integration,platform positioning,global performance analysis,structural strength and fatigue analysis,environment effect assessment of South China Sea,basin test and tunnel test,and construction technology of platform. Core technology of design and construction for the 6th deep water semi-submersible rig is held. Independent detail design and construction are also accomplished. These have improved technology of key equipment for China offshore oil exploitation.
文摘Zhejiang Heben Pesticide & Chemical Co.,Ltd. (Heben P & C) is located in Wenzhou,Zhejiang province, and mainly producespesticides and intermediates, including morethan 20 kinds of technicals like high-puritymetalaxyl, triphenyltin acetate and fentinhydroxide, as well as over 40 kinds of preparations such as thiram + tolcofos, fentinacetate and metalaxyl. At present, it has atotal capacity of producing 8 000 tons ofpesticide technicals per year.
基金This project is supported by National Natural Science Foundation of China(50539140)
文摘: The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or long-term transactions. This paper pro- poses a modelity which is the middle or long-term bidding strategy in two-tiers electricity market that is based on the optimal power flow (OPF). Uncertainties in the outside world are regarded as the agent (Agent) of "external environment." Under this conditions, Agent through environment evaluation judges to select viable strategic. Through learning from experiences and opponent's behaviors, Agent guides the purpose of the best production. The adaptability and superiority of this model is tested based on Repast with a standard IEEE-5 bus 6 notes test system.