The effect of technological knowledge assets on performance: The innovative choice in Spanish firms

The aim of this article is to examine the relationship between Technological Knowledge Assets (TKAs) and performance, in the light of making the ‘innovative choice’ that involves short-term costs of acquiring or generating the assets but aims at longer term benefits through innovation. To that end, a study of 1267 industrial firms in Spain was carried out over a period of 5 years, 1998-2002. The results show that TKAs have a positive indirect effect on financial performance mediated through innovation. They also reveal that TKAs have a negative direct effect on performance, except licences. Thus, the combined effect of TKAs on performance urges the need for innovation to obtain a positive payoff.     

The intangibles’ mindset of CFOs’ and corporate performance

This paper aims to analyze the companies’ view about the financial valuation of intangibles relevance and its influence on corporate performance. Based on the theory of resources, the role of intangibles in business competitiveness is justified. The traditional factors of production have become secondary, while the success is primarily based on the development and utilization of intangible resources. One of the main problems in managing the intangibles appears to be that, there is a general lack of information about them. Therefore, financial valuation of intangibles will result in significant benefits to the organization that will help determine business strategy, process design as well providing competitive advantage. It follows the hypothesis of this work, the greater known about their intangibles and the greater sensitivity to the financial valuation of them, the better performance. To achieve this objective, a field study is done, doing telephone calls to Basque Country companies’ financial managers.     

Social Implications of the Opportunities for Romanian Higher Education in the New World Order∗

An overview is given of the course of development and the social role of higher education in Romania since the revolution of December 1989. The pros and cons of private higher education institutions are presented with the added note that the existence of these institutions saves money for the Romanian state and subsidizes the salaries of professors teaching in the state institutions. Suggestions are made as to how to improve the teaching/learning environment both for students and for teachers, and a plea is made that higher education in Romania, both public and private, avoid becoming overly market‐oriented. Rather, higher education should contribute to the remaking of civil society.

     

Effectiveness of Reading-Strategy Interventions in Whole Classrooms: a Meta-Analysis

Research has demonstrated that in controlled experiments in which small groups are being tutored by researchers, reading-strategy instruction is highly effective in fostering reading comprehension (Palincsar & Brown, Cognition and Instruction, 1(2), 117–175, 1984). It is unclear, however, whether reading-strategy interventions are equally effective in whole-classroom situations in which the teacher is the sole instructor for the whole class. This meta-analysis focuses on the effects of reading-strategy interventions in whole-classroom settings. Results of studies on the effectiveness of reading-strategy interventions in whole-classroom settings were summarized (N_studies?=?52, K?=?125) to determine the overall effects on reading comprehension and strategic ability. In addition, moderator effects of intervention, study, and student characteristics were explored. The analysis demonstrated a very small effect on reading comprehension (Cohen’s d?=?.186) for standardized tests and a small effect (Cohen’s d?=?.431) on researcher-developed reading comprehension tests. A medium overall effect was found for strategic ability (Cohen’s d?=?.786). Intervention effects tended to be lower for studies that did not control for the hierarchical structure of the data (i.e. multilevel analyses).For interventions in which “setting reading goals” was part of the reading-strategy package, effects tended to be larger. In addition, effects were larger for interventions in which the trainer was the researcher as opposed to teachers and effect sizes tended to be larger for studies conducted in grades 6–8. Implications of these findings for future research and educational practice are discussed.     

The Core Competencies for Adolescent Sexual and Reproductive Health

The Adolescent Sexual Health Work Group commissioned the development of core competencies that define the knowledge, skills, and attitudes necessary for all providers of adolescent sexual and reproductive health. This article describes the background and rationale for this set of competencies, the history and use of competencies, and the process involved in creating the core competencies. It explores the ways that educators can use them to strengthen classroom instruction and improve outcomes for adolescents in the area of reproductive health. Several additional tools that guide the application of the competencies to human resources, self-assessment, performance assessment, professional development, and program evaluation are described.     

A preliminary evaluation of VEGF-A,VEGFR1 and VEGFR2 in patients with well-controlled type 2 diabetes mellitus

Objective

Decompensated chronic hyperglycemia often leads to late microvascular complications such as retinopathy, diabetic foot syndrome, and diabetic kidney disease. The aim of this study was to determine the concentration of vascular endothelial growth factor A (VEGF-A) and its receptors in patients with well-controlled diabetes.

Methods

The study was conducted on 31 patients with well-controlled type 2 diabetes without micro-or macroangiopathy. Thirty healthy volunteers were enrolled in a control group. Serum concentrations of VEGF-A, VEGF receptors 1 and 2 (VEGFR1 and VEGFR2), fasting glucose, and lipid profiles were measured, and the plasma concentration of glycated hemoglobin (HbA1c) was determined.

Results

No significant differences were observed between the concentration of VEGF-A, VEGFR1 or VEGFR2 in the subject group and that in the control group. Positive correlations were noted between the levels of VEGF-A, VEGFR2, and triglyceride, and there was a negative correlation between the levels of VEGFR2 and high-density lipoprotein (HDL)-cholesterol in the study group.

Conclusions

The concentrations of VEGF-A and its receptors 1 and 2 in patients with well-controlled diabetes are comparable to those of healthy individuals, which may indicate that appropriate control of glucose levels delays the occurrence of vascular complications. A negative correlation between VEGFR2 and HDL-cholesterol levels, and positive correlations between VEGF-A, VEGFR2, and triglyceride levels, suggest that lipid abnormalities occurring in diabetes may be involved in the modulation of angiogenesis.     

Data management in cognitive financial systems

This publication discusses ways of using cognitive analyses for semantically interpreting economic figures. A semantic analysis making use of mathematical linguistic algorithms in order to extract meaning from sets of analysed data is illustrated with an example of a class of cognitive systems designed to analyse economic figures, or more precisely, financial ratios. The cognitive analysis systems presented in this publication are discussed as exemplified by the class of Cognitive Financial Analysis Information Systems (CFAIS). This publication proposes algorithms executed by a broad class of automatic data interpretation and understanding systems designed for the in-depth semantic analysis and interpretation of the results obtained. This will be done by defining new system classes as applications supporting decision-making processes, useful in various areas of knowledge.