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This study compares the market utility of specialization with diversification using inframarginal analysis method. The results indicates that the success of non-related diversification often takes place in the areas of low specialization and low transaction efficiency, and that related diversification succeeds because of the evident difference of specialization level between the new production and...
We revised Kauffman's NK model and try to explain the imitation behavior in among Chinese small businesses (Internet Market). A comparison among Baidu, Naver(Korea), Google and Yahoo performance on China Market and on international market showed that earlier international entrant cannot take advantages from their technology innovation as easy as those in traditional industry . Even though Chinese...
Decisions, and especially the strategic decisions, represent the main "products" of managerial process, representing the main responsibility of managers. The present model represents our view of decisional process designed to be a tool for managers in strategic decision making process. Developed at an enterprise level, the model takes into account the major factors that affect a strategy's...
The neural networks may play an important role in statistical model building. As the basic model building tool of the mathematics and economics neural networks can help specialist and researcher. The neural networks will improve the financial research work. The expropriation is a kind of extra interest, which exceeds the income of the biggest share-holdings normally, illegally occupied by the biggest...
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