In this paper we explore a special case of venturing, namely the spinout approach. More in particular, this paper has sought to model the spin-out process by combining scholarly literature with an empirical analysis of the spinout process of Royal Dutch Shell. Through literature review we have...

In an era with abundant and widely distributed knowledge across the globe, technology markets became prominent. As technology transactions suffer from several market imperfections, a rapidly increasing number of various innovation intermediaries are facilitating these transactions. We analyse...

In order to explore the prospective effects of what hails as the Beijing consensus, a conceptualization arguably near-synonymous with Beijing’s export-oriented strategy, the Article first discusses the state of the Chinese economy in the post-global financial crisis era. After reviewing some...

This paper develops a general equilibrium model to quantitatively explain high labor share, low productivity and small farm size in agriculture in low income countries. The model features individual heterogeneity in skill that is augmentable over time and endogenous occupation choice. Calibrated...

This paper reviews the literature on one of the most meaningful concepts in modern behavioural finance, the overconfidence phenomenon. Overconfidence is presented as a well-developed psychological theory, with main facets comprising miscalibration, betterthan- average effect, illusion of control...

The knowledge of supply response greatly helps in farm decisions in allocation of resources in right direction. It can help planners and policy makers to allocate and achieve production targets and in long term planning. It thus provides a framework for adjusting production to the optimum...

We develop a model of strategic grade determination by universities distinguished by their distributions of student academic abilities. Universities choose grading standards to maximize total wages of graduates. Job placement and wages hinge on a firm’s productivity assessment given a...

We present a hybrid mechanism application for the electrical system network expansion in Mexico, United States and Canada. The application is based on redefining the transmission output in terms of "point-to-point" transactions or financial transmission rights (FTRs); rebalancing the fixed and...

Subsidies and welfare payments play a large role in the Iranian economy. The numbers that appear in the government budget under welfare or subsidy payments are only the tip of the iceberg. A considerable part of subsidies paid by the Iranian government are hidden and do not appear in the budget....

We study the possibility of completing data bases of a sample of governance, diversification and value creation variables by providing a well adapted method to reconstruct the missing parts in order to obtain a complete sample to be applied for testing the ownership-structure / diversification...