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Although the growth of SMEs is in vogue in the economical literature, the decision making inside the small business is a comparatively less studied theme. By synthesizing leading decision theories and taking into account of SMEs' characteristics in China's context, this paper develops an evaluation framework of decision-making in SMEs with four main components: environment, organization, decision-maker...
Enterprise organizational capability is the source to maintain enterprise competitive advantage and cultivate enterprise core competence. How to scientifically evaluate the effect of organizational capability is the key to keep on top of organizational capability. Firstly, this paper introduces the enterprise circumstances and the concept of the enterprise organizational capability. Secondly, in reviewing...
The importance of entrepreneurship to the economy is reflected in its growing visibility as a topic in the popular business press as well as the increased attention it has received in the scholarly business literature. On the exciting new area of entrepreneurship research is issue of entrepreneurial orientation (EO). This issue is also especially important to strategic management since EO refers to...
This paper is concerned with the problem of strategic information acquisition and information transmission. In our model, a decision maker delegates multiple experts to acquire information concerning a binary decision under uncertainty. The decision maker and experts have different utility functions with respect to the decision problem, which are their private information. We derive the optimal number...
This paper analyses knowledge strategy space and decision model of venture capitalists (VCs). Drawing from the knowledge-based view, we examine the space of knowledge strategy for venture capitalists (VCs). Development of internal knowledge is the basic strategy for their acquisition of knowledge; Seeking of knowledge resources from the external world is their expansion strategy. The syndicated investments...
A practical model on strategic decision making is built helpful to introduce a new situation map on strategic decision making. The complex system theory states that the use of analytic hierarchy process and swing weighting is feasible to acquire the multiplex relative weights of factors which belong to the practical model. The situation map, generated by the combination of the multiplex relative weights...
In the period of transition economy, enterprises, facing more and fiercer competition, need continual change strategy adjusted to the environment in dynamic environment, this paper analyzes top management team (TMT) in transition economy and probe into the relationship between top management team heterogeneity, performance and company strategic change. After analysis of the data of 182 firms from...
Small and medium enterprises (SMEs) are different from big enterprises. SMEs have their own special attributes and management keystone, and their enterprise strategy also has a fuzzy attribute. This article scientifically established an index system on core competitive competence of SMEs, in view of the special attributes of SMEs strategy and based on a deep understanding of the essence of SMEs' core...
Digital Earth (DE) is a virtual presentation of the planet based on geographic coordinate, and is an information system with tremendous amount of multiple resolutions and multiple scales data as shown in multiple dimensions. It can visualize the real earth and represent historical phenomena in digital way by using the large amount of data of the earth, and utilizing the computer techniques, image...
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