New creative approaches are needed to manage emerging biotechnology innovations, regulations, and payor environments to enhance product pipeline productivity, valuation, and risk management. Biopharmaceutical firms must make dynamic resource allocation decisions on their relative levels of...

We examine reverse mergers (RMs) in the biotechnology industry and find that, when compared to initial public offerings (IPOs), RMs are smaller, have significantly lower market valuations relative to size, and generally invest less. We also find that RMs exhibit positive abnormal returns on the...

Purpose The purpose of this paper is to study the operation mechanism of the ecosystem of crowd innovation space. Though the crowd innovation space is a new product of China's innovation-driven strategy, there are some barriers in operation. So, this problem is worthy of study....

In this article, the conceptual design of biomass steam gasification (BSG) processes using raw oil palm (ROP) and torrefied oil palm (TOP) are examined in an Aspen Plus simulator. Through thermodynamic analysis, it is verified that the BSG process with torrefied feedstock can effectively enhance...

Climatic characteristics of foreign low latitude plateau regions are firstly introduced. Then, experience and lessons of major foreign low latitude plateau countries in developing modern agriculture are analyzed, including Indian three agricultural revolutions and agricultural informationization...

Using the method of trophic state-composite index ( TSI-CI ) and the 12 months of monitoring data in 2010, we carry out initial exploration of the status of ecosystem health in Wuli Lake. First, we select four indicators, Chla, SD, TP and TN, to conduct trophic state assessment using weighted...

To address worsening urban traffic and environmental issues, planners and policy makers in China have begun to recognize the importance of shaping vehicle use through the built environment. However, very few studies can be found that examine the relationship between the built environment and...

Microgrids have become a hot topic driven by the dual pressures of environmental protection concerns and the energy crisis. In this paper, a challenge for the distributed control of a modern electric grid incorporating clusters of residential microgrids is elaborated and a hierarchical...