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Product platforms are frequently applied in industry for efficiently designing product families. The product platform builds the basis for the derivation of multiple offered variants. Changing the product design to a platform design promises many advantages, e.g. economies of scale, faster time-to-market and less design effort in the derivation of new or updated variants. But the planning and design...
Ideology is a social being reflected, is also an important informal institution. Based on the theories reviewed of Transaction Costs, reveals the technical performance of ideology, as well as the entrepreneur human capital formation mechanism, explains the problems of Human Capital Investment in different historical stages.
VAT occupies considerable proportion in our tax categories. It is crucial important to choose VAT mode of adapting our national conditions and economic situation. Our country has implemented production value-added tax since reformed the tax system in 1994. With China's economic unceasing development, implementation of production model VAT has not met with the requirements for present spurring investment,...
Scarce supplies and overcapacity are the main characteristics of many industries in transition economies. This paper focuses on the motives, conditions and impacts of vertical integration under these characteristics. Based on the extension of Hart-Tirole model, we show scarce supplies create motivation for vertical integration, and the motivation is decreasing with the M&A cost. Eager bandwagon...
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