Low cost, high performance and environmentally friendly lubricants are needed for modern industrial development. Here, the high-yield carbon dots (CDs) were rapidly prepared by the aldol condensation reaction. The size of the CDs was less than 10 nm, with discrete and quasi-spherical morphology....

This paper empirically tests the effect of financial knowledge spillovers on agglomeration in China's financial services industry and examines the external effects on cities' economies. The authors apply hierarchical linear modeling to examine a data set that comprises 276 Chinese cities and...

This paper empirically tests the effect of financial knowledge spillovers on agglomeration in China's financial services industry and examines the external effects on cities' economies. The authors apply hierarchical linear modeling to examine a data set that comprises 276 Chinese cities and...

Why does the level of venture capital activity vary across countries? This study suggests that the variation can be attributed to the different levels of formal institutional development. Further, this study proposes that venture capitalists respond differently to the incentives provided by...

We demonstrate a spiky globalization pattern in the cross-border spread of venture capital: rather than being uniformly distributed, cross-border venture capital flows are unevenly distributed, in that certain regions of the U.S. display particularly intense linkages with certain foreign...

This study takes a real options perspective towards venture capital staging and views the staging decision as a choice between holding the current option to invest and investing now to obtain the option to invest subsequently. It proposes that this staging decision depends on the factors that...

This paper makes a static profit model of commercial banks with double constraint , then we find that: the rate of None-performing loans is inversely proportional to the commercial bank's cost and profit efficiency, the rate of capital adequacy, statutory reserve shows None-linear relationship...

How do domestic VC-led and foreign VC-led investments differ in staged financing? We propose that domestic VCs will be more active than foreign VCs in learning through investing to tackle information asymmetry, agency concerns and project-specific uncertainty. We further expect that domestic VCs...