Degree Of Financial Support Research Articles

Impacts of home country's institutional environment on OFDI dual margin

This study uses SDM model, SLM model and SEM model to investigate the impacts of the institutional environment of the home country on OFDI dual margin. The study reveals that there is a spatial spillover effect of the institutional environment on the dual margin. Then, The institutional environment is divided into economic environment, political environment and legal environment. The degree of financial support, legalization and corruption all have significant influence on the dual margin, but the impacts on the margin of expansion and the margin of intensification are discrepant. Furthermore, in order to analyze the regional heterogeneity of the impact of institutional environment factors on dual margin, China is divided into three regions, namely east, middle and west for sub-sample study. The study found that the impact of institutional environment does exist regional differences and spatial spillovers. Our results remain unchanged after robustness checks.

Managing Knowledge and Identity across the Boundary of Academic and Commercial Science

In the last few decades, institutions of higher learning are being transformed from ivory towers to become engines of regional and national economic development and ‘knowledge businesses’ increasingly focused on producing commercial products for private industry. The role of academics is rapidly shifting as many in the professoriate are becoming ‘captured’ by an ethos of commercialization as they rush to bring the product of their research to the marketplace. Critics of the entrepreneurial paradigm see academics as promoters as well as victims of commercialisation who internalize the pursuit of profit and value of money under the academic capitalist knowledge regime. While some academic researchers have enthusiastically embraced the transformation in the relationship between science and business, and between the academy and industry, many remain firmly committed to academic science, disinterested in pursuing commercial opportunities. Yet, others choose a middle ground and straddle the academic and commercial boundary. The purpose of this paper is to illustrate the role of identity to influence how academic scientists manage the boundary between the world of academic science and commercial science. Drawing from a large sample of Canadian university academic researchers in the applied sciences (n=379), four distinct categories of academic scientists are identified: Type I: Traditional academics who view the realm of academic science and commercial science as distinct and choose to position themselves strictly as academic scientists; Type II: Pragmatic academic hybrids who view academic and commercial science as distinct but decide to strategically pursue industrial links to acquire resources that support their research; Type III: Collaborative academic hybrids who believe in the paramountcy of academic and industry collaborations for the advancement of science; and Type IV: Academic entrepreneurs who abide in the fundamental importance of academic-industry links for application and for commercial exploitation. Results suggest that our researcher categories are further differentiated with respect to the strength of their collaborations with industry, their program of research, the extent of their industry experience, the degree of financial support they receive from industry, the size of their research laboratory, and by their scientific publications and the number of patents and licenses they hold from their research.

Assessment of the innovative potential of the timber enterprises in the Russian Ural region

The development and implementation of innovations are becoming integral functions of a modern industrial enterprise. The author has developed an author’s approach to assessing the innovation potential of forest enterprises through the analysis of financial sustainability and the ability to cover their own liabilities to achieve competitive advantages. The methodological research toolkit uses the competitiveness rating of economic entities of the timber industry complex of the Ural region, formed according to several economic indicators of the market segment occupied by the enterprise, the quality of its products, innovation activity and its efficiency, the degree of financial support, innovative research projects and the availability and effectiveness of facilities, as the resulting indicator. The economic profit indicator used to assess the effectiveness of enterprises is positive if the enterprise has managed to earn more than the profitability of similar enterprises, i.e. the enterprise implements innovative projects, which in turn bring additional competitive advantages. The developed approach makes it possible to identify and evaluate the most significant elements of the innovative potential of the enterprise on the basis of the rating assessment, thus allowing to take into account the specific features of the enterprise and its operating conditions.