FinTech, the merging of finance and modern Internet-based technology, has rapidly presented itself as a disruptor to traditional business financing, notably in the form of crowdfunding and Peer-to-Peer (P2P) lending. In this paper, we examine the determinants of the use of FinTech finance by...

Using a sample of hi-tech Chinese small and medium-size enterprises (SMEs), we compare financing costs for family and nonfamily firms. We find that family SMEs enjoy relatively lower average financing costs through mitigating agency problems, the provision of greater collateral, and the reliance...

The four well-designed porphyrin derivatives are synthesized with different electronegativity groups at the meso-substituted phenyl groups to turn the built-in electric field of the porphyrin molecules. Among them, the meso-tetrakis(meta-hydroxyphenyl) porphyrin (mTHPP) with largest diploes is...

Nitrous oxide (N 2 O) production and consumption occur concomitantly in the soil and their accurate quantification as the gas diffuses in situ under high background concentration of atmospheric dinitrogen remains largely elusive. This study designed an analytical and reliable approach for...

The article is devoted to investigating some fundamentals about a residue cracking gasification (RCG) process for petroleum residues which integrates the catalytic cracking of the residue and the gasification of the cracking-generated coke. Three heat carrier particles were tested to show their...

Chapter 1. The era of sharing economy -- Chapter 2. Research Object of Sharing Economics -- Chapter 3. Research Methods of Sharing Economics -- Chapter 4. The Theoretical Basis of Sharing Economics -- Chapter 5. The Connotation and Category of Sharing Economics -- Chapter 6. The Goals and...

This paper highlights how the provision of information about userparticipation can serve as a strategic marketing tool for firms seekingto grow two-sided exchange networks. A two-sided exchange network is abusiness model (such as Ebay or Craiglist) where revenue is generatedfrom persuading...

Mere observation of others' choices can be informative about product quality. This paper develops an individual-level dynamic model of observational learning and applies it to a novel data set from the U.S. kidney market, where transplant candidates on a waiting list sequentially decide whether...

“Behavior-based personalization” has gained popularity in recent years, whereby businesses offer personalized products based on consumers' purchase histories. This paper highlights two perils of behavior-based personalization in competitive markets. First, although purchase histories reveal...