Competition that has been accelerating rapidly in domestic and international markets in last decades compels firms to apply new ideas to their activities in order to increase value on their products and processes. Innovation which is a key driver of a success and survival of enterprises provides...

Financial econometricians restrict attention to modelling and forecasting the conditional mean and the conditional variance of such series, in other words, the return and risk of financial assets. As known, financial time series bring out typical nonlinear characteristics. The random sequences...

The role of developing venture capital markets is important for community innovation activities. The venture capitalists are able to lower risks via supporting management. It allows increasing the expected profits of high-technology products. Venture capital market is known as one of the...