发达国家企业融资模式的比较研究与借鉴

对发达国家企业融资模式进行比较研究、借鉴的基础上，结合我国企业的融资环境，提出了我国企业融资模式选择的建议，为我国企业融资模式的选择提供参考。     

从发达国家企业的融资模式看我国企业融资模式的选择

文章对发达国家企业融资模式的特点进行了详细分析,通过对美、日两国的融资模式特点做具体对比,来分析我国企业融资模式的现状及不足,从而进一步阐述我国企业融资模式的未来发展方向.     

R&D主体对区域经济绩效影响的门槛效应研究

采用2009-2015年中国31个省（市、区）的面板数据,从经济贡献率的视角对我国企业R&D活动的主体地位进行了再检验,并基于动态门槛面板数据模型分析了企业及政府两大R&D投入主体对区域经济的非线性差异性影响。研究认为,以R&D投入的经济绩效为评价标准,我国企业主体地位尚未真正建立;处于不同科技水平的地区,不同R&D主体的经济绩效存在差异：科技发展水平低于第一门槛时,政府R&D投入更利于促进区域经济;科技发展水平超过第一门槛时,企业才能显著促进区域经济发展;而科技水平超过第二门槛时,政府和企业对区域经济的带动效应趋于一致。我国现有研发活动中,政府和企业超过70%的R&D投入份额位于第二门槛之上,因此引导企业向中等科技发展水平地区的R&D投入,同时增大政府对科技落后地区R&D活动的扶持和补贴应成为我国科技政策的重要目标。     

科技型中小企业云融资模式研究——基于云创新视角

在回顾相关科技型中小企业融资模式以及互联网金融研究的基础上,从云创新的视角提出科技型中小企业云融资模式的概念,并分析科技型中小企业云融资的适用性,构建其云融资模式理论模型,指出它由个人、企业、金融机构、风险投资机构等多主体参与,基于互联网平台在复杂的融资环境下按特有的运行机制进行的创新融资活动,进一步分析其运行机制。科技云融资模式将对科技型中小企业的健康发展、国家经济结构调整、产业升级改造起到助推作用。     

我国高科技中小企业融资模式选择——西方融资模式的借鉴和发展

高科技中小企业是我国经济增长、社会进步与提高综合国力的重要力量。但是，融资难一直是困扰我国高科技中小企业发展的普遍问题。文章分析了西方发达国家中小企业融资模式的特征，并在此基础上提出了当前解决我国高科技中小企业融资问题的过渡模式以及未来的优化目标模式。     

金融发展对企业融资约束与研发投资的影响机理

通过构建数理模型,揭示了金融发展水平提高缓解企业融资约束,并促进研发投资的传导机理.基于我国约30万家工业企业数据的统计分析,推断我国金融发展水平低所导致的结构性融资约束是我国研发企业比例低、研发行为不稳定、国有企业主导研发投资等特征形成的原因.实证检验证实,融资约束是制约我国企业研发投资的重要因素.金融发展水平提高,缓解了中小企业、私营企业的融资约束水平,并促进了企业的研发投资.为确保科技政策的有效性,应积极提高金融发展水平,拓宽研发企业的融资渠道.     

高新技术企业融资模式比较分析——基于创业板市场推出

对比分析西方发达国家和我国高新技术企业融资模式的特征,提出我国高新技术企业利用创业板融资的必要性和策略,阐述创业板融资所要面临的风险,提高高新技术企业的适应能力.     

高校科技企业融资研究（下）

一、高校科技企业融资存在的主要问题 (一)、金融垄断制度是造成高校科技企业融资难的根本原因改革开放以来,我国融资制度有了很大的发展,传统经济体制下的财政供给制度已经得到很大的改变,社会主义市场经济体制下的融资制度框架初步建立起来。我国融资制度变迁是与整个经济体制改革相适应的,在改革过程中融资制度充分动员国民储蓄为转轨经济提供     

浅析融资模式的选择对企业治理的影响

中小企业的运转发展是推动社会经济进步的主导因素,中小企业的持续发展直接影响着社会经济稳定与人们进展有序生活。而新形势下,中小企业大多都面临着融资难的问题,合理选择融资模式对于中小企业来说意义重大。本文首先对影响企业融资模式的因素进行分析,重点论述融资模式的选择对企业的影响,最后提出促进企业顺利融资的几点措施。     

金融危机背景下的企业财务战略与资本扩张对外投资方式研究

21世纪,经济全球化时代悄然来临,经济舞台越来越宽广。作为市场舞台的主体,企业不仅会受到本国其它企业的竞争,更会遭遇激烈的国际竞争。资本的积聚形成规模日益庞大的跨国巨头,而具有资金和技术密集特点的我国跨国企业集团在面临挑战的同时也有很多机遇。在对外投资上,要注重多因素互动,实现双向的多层面循环。在目标市场的选择上,既要能够对企业的产业结构或技术发展产生波及效应,又要遵循结构高度同质性基准,按照边际产业或边际生产环节的顺序对外投资,在发展中国家和发达国家选取不同的行业。在进入方式的选择上,要力争采取综合模式,有效利用各类基本方式的优点,避免各自的不足。中国跨国企业集团在发达国家投资宜采取购并方式,在发展中国家采取新建方式,调整投资、多渠道融资、高度重视现金流管理、严格成本费用控制和建立财务预警机制,必须正确认识合资方式的利弊和东道国的规定,实现和谐发展。     

Students' Reactions to the Introduction of Videoconferencing for Classroom Instruction

This study examined how students who had no prior experience with videoconferencing would react to the use of videoconferencing as an instructional medium. Students enrolled in seven different courses completed a questionnaire at the beginning of the semester and again at the end of the semester. Students at the origination and remote sites did not differ in their reactions toward videoconferencing but there was a significant difference for gender. Women reacted less favorably to videoconferencing. Compared to the beginning of the semester, students reported significantly less positive attitudes toward taking a course through videoconferencing at the end of the semester. There were no significant differences in students' attitudes toward videoconferencing across courses at the beginning of the semester but there were significant differences across the courses at the end of the semester. The results suggest the need for better preparation for both students and instructors.     

Cooler temperatures inductive to locust outbreaks

Ajoint study by Prof. ZHANG Zhibin from the CAS Institute of Zoology and his co-workers from Norway, US and Swiss have indicated that historical outbreaks of migratory locusts in China were associated with cold spells, suggesting that China＇s projected climate warming could decrease the pest＇s numbers. The study was published in Proceedings of theNational Academy of Sciences on 17 September, 2007.     

Exploring Multiplexity: Social Network Structures in a Computer-Supported Distance Learning Class

A computer-mediated group is a complex entity whose members exchange many types of information via multiple means of communication in pursuit of goals specific to their environment. Over time, they coordinate technical features of media with locally enacted use to achieve a viable working arrangement. To explore this complex interaction, a case study is presented of the social networks of interactions and media use among members of a class of computer-supported distance learners. Results show how group structures associated with project teams dominated who communicated with whom, about what, and via which media over the term, and how media came to occupy their own communication niches: Webboard for diffuse class-wide communication; Internet Relay Chat more to named others but still for general communication across the class; and e-mail primarily for intrateam communication. Face-to-face interaction, occurring only during a short on-campus session, appears to have had a catalytic effect on social and emotional exchanges. Results suggest the need to structure exchanges to balance class-wide sharing of ideas with subgroup interactions that facilitate project completion, and to provide media that support these two modes of interaction.     

The Role of Intermediating Institutions in the Diffusion of Electronic Data Interchange (EDI): How Industry Associations Intervened in Denmark, Finland, and Hong Kong

Electronic data interchange (EDI) provides means for interorganizational communication, creates network externalities, requires an advanced information technology (IT) infrastructure, and relies on standards. In the diffusion of such innovations, institutional involvement is imperative. Such institutions contain governmental agencies, national and global standardization organizations, local government, and nonprofit private organizations like industry associations. The last type of organizations we call intermediating institutions. They intermediate or coordinate ("inscribe") the activities of a group of would-be adopters. Unfortunately, little is known of how these organizations shape the EDI diffusion trajectory. In this article we examine one specific type of intermediating organizations?industry associations?and how they advanced the EDI diffusion process in the grocery sectors of Hong Kong, Denmark and Finland. We identify six institutional measures, placed into a matrix formed by the mode of involvement (influence vs. regulation) and the type of diffusion force (supply push vs. demand pull), that can be mobilized to further the EDI diffusion. Industry associations were found to be active users of all these measures to varying degrees. Their role was critical especially in knowledge building, knowledge deployment, and standard setting. Furthermore, institutional involvement varied due to policy and cultural contingencies and power dependencies.     

How Electronic Publishers are Protecting Against Piracy: Doubts About Technical Systems of Protection

The increasing prospects of digital piracy has prompted the perceived need by electronic publishers to adopt technical systems of protection, and governments to reform their copyright laws. This article is a preliminary study of the management of intellectual property by electronic publishers, defined as those involved in the production of online databases, and CD-ROMs. It focuses on three main issues: (1) how electronic publishers view the increasing threat of piracy; (2) the methods of protection employed to protect intellectual property in digital format; and (3) the importance of technological protection of intellectual property in electronic publications. The analysis is based on a sample of 23 UK electronic publishers. The interviews revealed an interesting assortment of protection methods and did not show that technological protection was a preferred way. Instead, the means of protection, in addition to copyright law, comprised niche markets, pricing, trust, bad publicity, and nontechnical and technical means.     

Rough Justice: A Statistical Assessment of ICANN's Uniform Dispute Resolution Policy

Long-standing conflict between domain name registrants and trademark holders prompted the Internet Corporation for Assigned Names and Numbers (ICANN) to create a global, mandatory arbitration procedure known as the Uniform Dispute Resolution Policy (UDRP). The UDRP has been used in 2166 cases involving 3938 domain names as of 1 November 2000. The policy gives the initiator of a complaint, generally a trademark holder, the right to choose which ICANN-accredited dispute resolution service provider (RSP) will handle the case. During the preparation of the UDRP,some feared that complainant selection would lead to "forum shopping" that might bias the results. This article performs a statistical assessment of the forum-shopping thesis and finds support for it. There are statistically significant differences in the various RSPs' propensity to take away names from defendants; there are also major differences in the number of cases brought to each RSP. RSPs who take away names have the larger share of cases. The study examines other variables that might explain differences in market share, such as price, the plaintiff's nationality, or the time taken to decide a case. It finds that nationality and time also are correlated with market share. The study concludes that shopping for a favorable outcome is an important factor in the UDRP.     

Prevalence of soft neurological signs in Chinese people

Prof. Raymond C.K. Chen, a neuropsychologist with the CAS Institute of Psychology, has made novel progress in his studies of schizophrenia. His work has been reported by a recent issue of Behavioural Neurology.     

Monoculture Rubber Plantations Have Negative Ef ects on Controlling Splash Erosion

<正>In Xishuangbanna,one of China’s most biodiverse regions,landscape has changed dramatically during the past three decades due to the conversion of tropical rainforest to rubber plantations.In steep areas,terraces are often constructed before planting rubber trees,which causes two important changes in the soil:the destabilization of soil in the bench terraces and the increased vulnerability of unvegetated riser faces to erosion.Few studies have documented the nature and intensity of erosion on bench terraces.Prof.LIU Wenjie and his colleagues from the Xishuangbanna Tropical Botanical Garden(XTBG)conducted a study in Menglun County(21°5′39″N,101°15′55″E),Xishuangbanna to evaluate the influence     

Chinese Scientists Use Earth Observation Technologies to Study and Protect Wild Camels

<正>Chinese scientists plan to apply Earth Observation technologies to protect the critically endangered wild camels(Camelus ferus).With the help of remote sensing,satellite positioning,geographical information system and wireless sensors networks,they will be able to access the distribution and population of the wild camels and protect their habitats.The project will be carried out by the International Research Center for Wild Camel Conservation,which was jointly established earlier this year by the Institute of Remote Sensing and Digital Earth(RADI)of the Chinese     

More than Skin Deep – Understand Skin Biology by Means of Dermatogenomics

<正>The Paul Gerson Unna Research Group on Dermatogenomics was founded in October 2012 at the Partner Institute for Computational Biology.The ultimate goal of the group is to understand the biology of skin and skin appendages.