Purpose–The purpose of this paper is to examine the market reactions and its determinants of the releasing of restricted non-tradable shares and to provide some useful information for the coming releasing peak of IPO-restricted shares in China. Design/methodology/approach–The paper employs...

The emergence of high-tech industries has created great interest in research on the firm's technological capabilities. This dissertation contributes to this line of research by empirically examining how the firm's technological capabilities influence its strategies, and how strategies are...

This study seeks to advance and test the knowledge-based theory of the firm as it applies to explaining the governance structure of R&D alliances. Unlike transaction-cost economics, the knowledge-based theory attempts to explain organizational form not primarily in terms of incentive...

This article assesses the differences in educational deficiencies between a statewide sample of delinquent students and a matched sample of nondelinquent students. Employing a research design that controls for a series of relevant individual and school variables, the study’s findings...

A lithium ion battery consists of numerous electrochemical cell units. Thermal and electrical behaviors of these local cell units have great influence on the battery's performance and safety. To study the relationship between the cell units and the battery cell, a pseudo 3D (three-dimensional)...

This paper attempts to investigate the time-varying causal dynamics between China's money and output by using a Markov switching causality approach. Unlike the pre-specified break points and rolling-window methods, the Markov switching causality approach can capture the time-varying causality...

This paper introduces a regime-switching forward-looking Taylor rule to describe the monetary policy behavior and considers its estimation using a two-step MLE procedure due to Kim and Nelson (2006), Kim (2009) and Zheng and Wang (2010). By doing an empirical analysis on quarterly data for China...

Using a combination of analytical and numerical methods, the global bifurcations and chaotic dynamics of two non-linearly coupled parametrically excited van der Pol oscillators are investigated in detail. With the aid of the method of multiple scales, the slow flow equations are obtained. Based...

This article proposes a mathematical model which has been used to investigate the importance of lytic and non-lytic immune responses for the control of viral infections. By means of Lyapunov functions, the global properties of the model are obtained. The virus is cleared if the basic...

The Consumer Sentiment Index (CSI), a leading macroeconomic indicator, reflects consumers' assessments of current financial situations, forecasts consumers' buying behavior, and allows business organizations, such as banks, to capture business opportunities. There is a consensus that the trend...