Technology regimes and new firm formation
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JEL分类号JEL分类系统,是美国经济学会《经济文献杂志》(Journal of Economic Literature)所创立的对经济学文献的主题分类系统,并被现代西方经济学界广泛采用。
该分类方法主要采用开头的一个英文字母与随后的两位阿拉伯数字一起对经济学各部类进行“辞书式”编码分类。
目录A-经济学总论和教学B-经济学思想流派和方法论C-数理和数量方法D-微观经济学E-宏观经济学和货币经济学F- 国际经济学G-金融经济学H-公共经济学I-卫生经济学,教育经济学和福利经济学J-劳动经济学和人口经济学K-法律和经济学L-产业组织M-企业管理和商务经济学;市场营销学;会计学N-经济史O- 经济发展,技术变迁和增长P-经济体制Q-农业经济学和自然资源经济学R-城市经济学,农村经济学和区域经济学Z-其他专题A-经济学总论和教学( A- General Economics and Teaching )A1A1 - General EconomicsA10 - GeneralA11 - Role of Economics; Role of Economists; Market for Economists A12 - Relation of Economics to Other DisciplinesA13 - Relation of Economics to Social ValuesA14 - Sociology of EconomicsA19 - OtherA2A2 - Economics Education and Teaching of EconomicsA20 - GeneralA21 - Pre-collegeA22 - UndergraduateA23 - GraduateA29 - OtherA3A3 - Multisubject Collective WorksA30 - GeneralA31 - Multisubject Collected Writings of IndividualsA32 - Multisubject VolumesA39 - OtherB-经济学思想流派和方法论( B-Schools of Economic Thought and Methodology )B0B0 - GeneralB00 - GeneralB1B1 - History of Economic Thought through 1925B10 - GeneralB11 - PreclassicalB12 - ClassicalB13 - Neoclassical through 1925B14 - Socialist; MarxistB15 - Historical; 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六下语文二单元作文写二战战史The Second World War is a significant event in human history. It had a profound impact on the world and changed the course of history. 二战是人类历史上一个重大的事件。
它对世界产生了深远的影响,改变了历史的进程。
From a political perspective, the war was triggered by the expansionist policies of fascist regimes in Germany, Italy, and Japan. The aggressive actions of these countries led to a series of events that ultimately resulted in a global conflict.从政治角度来看,战争是由德国、意大利和日本法西斯政权的扩张政策引发的。
这些国家的侵略行为导致了一系列事件,最终导致了全球性的冲突。
From a military perspective, the war saw the use of new and devastating weapons, such as the atomic bomb. The scale and intensity of the fighting were unprecedented, leading to widespread destruction and loss of life.从军事角度来看,战争见证了新型和毁灭性武器的使用,如原子弹。
战斗的规模和强度前所未有,导致了广泛的破坏和生命的损失。
From a societal perspective, the war brought about significant changes in the roles of women and minorities. Many women joined the workforce in the absence of men, and minority groups made significant contributions to the war effort.从社会角度来看,战争带来了妇女和少数群体角色的显著变化。
单钩波形板分离器内二次携带机理分析杨雪龙;王永;冯靖;王伟;王先元【摘要】The theory analysis and three-dimensional numerical simulations were carried out to study the re-entrainment mechanism in a single-hooked wave-plate separator under operating conditions .The Realizable k-εmodel was utilized to calculate the steam flow fields of the separator .The discrete phase model with eddy-interaction model was adopted to predict the trajectories of the droplets .The equations of the film motion were solved to obtain the film velocity and thickness distribution .Four potential regimes of secondary droplet formation were analyzed theoretically .The results show the possibili-ty of droplet breakup by aerodynamics and splashing by droplet impinging the film is low ,but higher than that of the cold conditions .The film exists mainly on the first two stages and thickens and moves downwards with increasing the steam velocity or wetness at the separator inlet . The film stripping and separation are proved to be the main reasons for the re-entrainment and unified with one discriminant .Compared with the film stripping ,the film separation at the peak of the hook occurs more easily .%通过理论分析与三维数值模拟研究了实际运行工况下单钩波形板分离器内二次携带机理.采用Realizable k-ε湍流模型对波形板内气相流场进行数值模拟,利用离散相模型结合涡交互模型对水滴运动进行计算,根据壁面水膜运动方程求解水膜的速度与厚度分布;依据理论分析,对可能形成二次水滴的4种方式进行判定.结果表明:波形板内发生气体动力造成的水滴破碎与水滴撞击水膜产生飞溅的可能性较低,但较冷态工况的可能性高;水膜主要集中在波形板的前两级,随入口蒸汽速度或湿度的增加,水膜增厚并向下游移动;将水膜剥落和水膜分离的判别式进行统一,并证实波形板二次携带主要由水膜的剥落和分离造成,且相较水膜剥落,钩峰处的水膜分离更易发生.【期刊名称】《原子能科学技术》【年(卷),期】2016(050)005【总页数】7页(P805-811)【关键词】波形板分离器;二次携带;水滴;水膜分离;水膜剥落【作者】杨雪龙;王永;冯靖;王伟;王先元【作者单位】核动力运行研究所,湖北武汉 430074;中核武汉核电运行技术股份有限公司,湖北武汉 430223;核动力运行研究所,湖北武汉 430074;中核武汉核电运行技术股份有限公司,湖北武汉 430223;核动力运行研究所,湖北武汉 430074;中核武汉核电运行技术股份有限公司,湖北武汉 430223;核动力运行研究所,湖北武汉430074;中核武汉核电运行技术股份有限公司,湖北武汉 430223;核动力运行研究所,湖北武汉 430074;中核武汉核电运行技术股份有限公司,湖北武汉 430223【正文语种】中文【中图分类】TK124波形板分离器能高效地分离出气(汽)流中的水滴,在核电蒸汽发生器内汽水分离[1]和油气分离[2]等工程中起着重要作用。
前后呼应的英语作文800Echoes of the Past: Historical Parallels in the Modern Age.History, as the adage goes, tends to repeat itself, not in the precise manner but in its underlying patterns and dynamics. Throughout the annals of human civilization, we witness the recurring echoes of past events resonating within the complexities of the present. By examining these historical parallels, we gain invaluable insights into the nature of humanity and the cyclical nature of human experience.One striking example of historical echo is the concept of crisis and renewal. From the fall of the Roman Empire to the chaos of the Dark Ages, history is replete with examples of societies collapsing under the weight of their own internal contradictions and external pressures. Yet, amidst the wreckage, seeds of renewal and rebirth often emerge. The Renaissance, for instance, emerged from theashes of medieval Europe, ushering in a period of intellectual and artistic flourishing that transformed Western civilization. Similarly, the post-World War II era witnessed an unprecedented economic and technological boom, laying the foundation for the modern globalized world.Another recurring theme in history is the struggle between liberty and authority. From the Athenian democracy to the American Revolution, societies have fought long and hard to secure their freedoms from the clutches of despotic regimes. However, this struggle is far from over. Even in established democracies, the balance between individual rights and the demands of the state remains a delicate and ever-evolving negotiation. The rise of surveillance technologies and the erosion of privacy laws in recent times are stark reminders that the battle for liberty is an ongoing one.The echoes of the past also manifest in the realm of conflict and war. From the Trojan War to the Cold War, history is a grim testament to the destructive potential of human aggression. Yet, within the horrors of war, thereoften lies the glimmer of hope and reconciliation. The stories of soldiers forging friendships across enemy lines, the acts of mercy and kindness displayed amidst the carnage, attest to the indomitable spirit of humanity. Moreover, war has often served as a catalyst for social change, leadingto the abolition of slavery, the expansion of civil rights, and the formation of international organizations dedicatedto peace and cooperation.Furthermore, history reminds us of the profound impactof technology on human society. From the invention of the printing press to the rise of the internet, technological advancements have reshaped our lives in countless ways. However, the echoes of the past also caution us about the potential dangers and pitfalls associated withtechnological progress. Concerns about job displacement, privacy violations, and the erosion of human connection in the digital age are all echoes of similar fears that accompanied earlier technological revolutions.The study of history, therefore, provides us with a valuable lens through which to examine the challenges andopportunities facing our world today. By understanding the patterns and echoes of the past, we can gain a deeper appreciation for the complexities of human nature and the cyclical nature of human experience. It allows us toidentify the pitfalls to avoid, the mistakes not to repeat, and the lessons that can guide us towards a brighter future.In an interconnected and rapidly changing world, it is more important than ever to draw upon the wisdom of the past. By listening to the echoes of history, we can make more informed decisions, navigate the challenges of the present, and work towards creating a better and more equitable future for all.。
外文翻译原文An Overview of Express Delivery ServicesMaterial Source: A Report By US-ASEAN Business Council,2005Author: James I. Campbell Jr.A. Characteristics of an Express Delivery CompanyFour major integrators – UPS, FedEx, TNT, and DHL – account for almost 85 percent of the world’s express shipments. The services that these companies provide generally share the following characteristics which differentiate them from other traditional forms of delivery services:- Door-to-door delivery: This includes the seamless transfer across multiple modes of transport. The “integrated” aspect of the service offered frees the customer from the need to make complex transportation arrangements for pick-up and delivery.- Close custodial control: Using sophisticated information systems that enhance security, EDS firms maintain close custodial and administrative control over all shipments. This is particularly important to reduce the risk of loss or damage to goods in transit.- Track and trace technology: Shippers and consignees may track the precise movement and location of their shipments and confirm delivery with the use of sophisticated ‘track and trace’ technology that an EDS firm provides.- Facilitation of customs clearance: EDS firms assist with customs clearance so that customers do not have to navigate bureaucratic customs regimes and the required paperwork.- High level of reliability: EDS firms promise that packages will arrive at the required destination, on time. This is particularly important for shipments of high-tech components due for production lines, as well as essential financial documents.- Global service: The major EDS firms offer their customers delivery to markets and cities worldwide through an intricate network of air hubs and stations. EDS is a network business.- Speed of delivery: Most importantly, Overnight and Second-day expressservices reduce overall inventory and warehousing needs, and maximize supply chain efficiency. The average shipping time from the U.S. to Southeast Asia is about 2-3 working days door-to door. Together, these characteristics bring businesses timely, secure, and guaranteed worldwide delivery of documents, products, components, and spare parts to assist with efficient supply chain management.B. Benefits to BusinessesAir cargo represents 40 percent of the value of global trade. The bulk of this is handled by EDS firms. Servicing the needs of both multinational corporations and the emergent small and medium enterprise (SME) sector in their manufacturing, import, and export activities, this industry has been an important engine for economic growth. Sectors which heavily rely on EDS to remain competitive are knowledge-based and technologically advanced, including that of pharmaceuticals and biotechnology, information technology and telecoms, textiles, automotive & transport, engineering, financial and business services, and traditional manufacturing.To remain competitive, companies today focus not only on product performance but also factor in how well costs can be managed and reduced through distribution and production, and how quickly parts can be brought together, assembled, and distributed to global markets. EDS firms help with the smooth orchestration of these activities and are therefore part of the critical infrastructure for efficient supply chain management.Reducing Inventory and Other Indirect CostsWith the support of EDS, companies no longer have to maintain large inventories and can therefore carry out better concentration, rationalization, and location of warehouses. In a study conducted by Gausch and Kogan (2001), companies in developing countries were found to have 2 - 5 times more inventory holdings in the manufacturing sector than companies in the U.S.Halving these inventories could consequently reduce unit production costs by 20 percent. In a typical Asian emerging market, logistics supply chain costs is as high as 22 - 24 percent of total production costs for manufacturers. In another study, it was found that for every $1 spent on express transportation, companies would save $1.50 in warehousing and inventory cost. For manufacturers, taking advantage of the availability of EDS allows for more efficient stock management and production techniques to be practiced, including the ability to respond more quicklyto stock outages, and production interruptions. These indirect costs are not always visible and often overlooked but are critical to SMEs in emerging economies. Other immediate cost savings can also be realized through greater flexibility in sourcing. The flexibility allows companies to source from a wider array of suppliers and reduce their input costs.Introducing Flexibility into Business StructureEDS allows for more flexible business solutions. Relying on EDS to bridge distances removes the traditionally important time-to-market consideration and allows companies to make strategic decisions on where to locate their business units based on factors of competition, proximity to supporting industries, and complementary industry hubs.This is particularly relevant for knowledge-based industries in the biomedical and pharmaceutical field. In a survey conducted of European companies in Germany on the usage of EDS, 80 percent of survey respondents reported the importance of being based in locations providing “maximum participation in leading research associations.” Decentralization of research & development units to hubs where these laboratories, testing centers, hospitals, patent registration offices, and research think tanks are located allows businesses to benefit from an environment of innovation important to product development. At the same time, product development units rely on EDS to ship samples to markets for clinical trials, deliver highly classified and proprietary legal documents and patent applications, ship urgently needed drugs to hospitals, and maintain “just-in-time” stock-management practices for its laboratories.C. Economic BenefitsIn many parts of the world, the EDS sector has been a catalyst to trade and investment growth, generating profound multiplier effects for the wider economy. For ASEAN countries looking to extend their reach to global markets, networks that EDS firms build are critical. These networks render supply chains more efficient and contribute greatly to export growth, stimulate foreign direct investment, and foster regional development and SME growth.Facilitating Export GrowthIn ASEAN, intra-regional trade accounts for about 20 percent of overall trade. This is considerably less than in most regions. The main reasons for the limited intra-regional trade are the “pattern of logistics costs and institutional barriers toland-based trade.”This phenomenon makes countries of the region effectively closer to industrial countries than to each other. To fully realize the benefits the ASEAN Free Trade Agreement (AFTA), bringing lagging economies and landlocked countries in the region up to median performance levels is key.There is a causal link between connectivity and overall growth in trade, and an even stronger correlation between transportation and logistics infrastructure and export performance.Transportation and logistics-related costs in ASEAN continue to represent a substantial percentage of the actual cost of goods. A country with high logistics costs is far, in an economic sense, from international markets. In the study “Towards a Geography of Trade Costs” (Hummel 1999) which compared sales by manufacturers of similar products, exporters with 1 percent lower shipping costs enjoy a 5 - 8 percent higher market share. In another study conducted by the McKinsey Group, annual GDP for one Asian country is forecasted to increase by 1.5 to 2 percent by 2010 if logistics costs are reduced by 15 to 20 percent (This is in contrast to an ongoing $10 billion infrastructure project which would only generate 0.7 to 1 percent GDP growth over the same period). Indeed, injecting competition into the industry to lower logistics costs can give a significant competitive edge to producers in an open economy. Efficient inter-modal transportation, including the use of EDS, would result in more efficient supply chain management.These efficiencies undoubtedly replicate gains in the export sector. A study conducted by the Economic Strategy Institute concluded that further development and liberalization in the air express industry could result in percentage gains for exports per year from 2004 - 2008 between 0.386 - 0.562 percent per year for Singapore; 2.895 – 4.215 percent per year for Malaysia, Thailand, and the Philippines; and 3.86 – 5.62 percent per year for Vietnam and Indonesia.Facilitating FDI and Promoting Regional DevelopmentEDS firms play a critical role in influencing company decisions on how much and where to invest.This is especially applicable to remote markets where EDS firms assist in overcoming problems of geography and weaker transportation infrastructure. Fifty-eight percent of participating companies in a survey conducted for the report “The Economic Impact of Express Carriers in Europe” (Oxford Economic Forecasting, 2004) consider easy access to markets, customers or clients, as “absolutely essential” when deciding where to locate. In the EU, the importance ofEDS is compelling – without EDS, 35 percent of those interviewed for a study in Portugal said they would have to relocate; 15 percent of the UK and 10 percent of the Italian companies surveyed would consider relocating abroad; and 30 percent of the French companies and 10 percent of the Belgian firms surveyed would consider outsourcing.The EDS industry now supports 530,000 direct and indirect jobs in the EU. Their presence has injected the much needed downstream investment for creating jobs in the 10 new EU member states. 12,000 employees work directly for the four main integrators in new EU countries, and countless more are employed in automotive manufacturing, warehousing, IT support, and service centers.The EDS industry is a dynamic instigator of regional development in two ways. First, it allows for businesses to be located in regions that are not close to their markets. Second, the clustering effect (businesses wanting to be near hubs to take advantage of the latest pick-up time possible) that major express hubs create stimulates regional development. For example, it is estimated that further liberalization of the industry in China will do much to assist with the regional development of its western provinces. Already, it is expected that growth in the industry will generate $84 billion in increased manufacturing output, and 800,000 jobs for China’s export industry over five years.Similar benefits can be expected in ASEAN. The experiences of FedEx and UPS in the Philippines provide an excellent example. FedEx has been located in Subic Bay since 1995, and UPS has had its intra-Asia hub in Pampanga Clark since 2002. Both hubs, with dynamic networks to all parts of Southeast Asia, have been successful in bringing about the clustering of industry, and stimulating development for regions in the Philippines vacated by the U.S. military.译文快递服务业概述资料来源: 美国——东盟商业协会2005年度报告作者:詹姆士·堪培尔1快递公司的特征四大巨头——UPS,FedEx,TNT和DHL几乎包揽了世界上85%的快递货物。
Published:August30,2011r2011AmericanChemicalSociety15312dx.doi.org/10.1021/ja206525x|J.Am.Chem.Soc.2011,133,15312–15315
COMMUNICATIONpubs.acs.org/JACS
StrongandReversibleBindingofCarbonDioxideinaGreenMetalÀOrganicFramework
JeremiahJ.Gassensmith,†HiroyasuFurukawa,‡RonaldA.Smaldone,†RossS.Forgan,†YoussryY.Botros,†,§,||,^OmarM.Yaghi,‡,#andJ.FraserStoddart*,†,#
†DepartmentofChemistryand§DepartmentofMaterialsScience,NorthwesternUniversity,2145SheridanRoad,Evanston,
Illinois60208-3113,UnitedStates‡DepartmentofChemistryandBiochemistry,UniversityofCalifornia,LosAngeles,607CharlesE.YoungDriveEast,LosAngeles,
California90095-1569,UnitedStates)IntelLabs,BuildingRNB-6-61,2200MissionCollegeBoulevard,SantaClara,California95054-1549,UnitedStates
^NationalCenterforNanoTechnologyResearch,KingAbdulazizCityforScienceandTechnology,P.O.Box6086,Riyadh11442,
关于媒体的英语作文Title: The Impact of Media on Society。
In today's interconnected world, media plays a pivotal role in shaping our perceptions, beliefs, and behaviors. From traditional newspapers to digital platforms, media channels have become integral parts of our daily lives, influencing how we think, interact, and make decisions. This essay explores the multifaceted impact of media on society.First and foremost, media serves as a crucial source of information. Through newspapers, television, radio, and online news portals, people access news from around the globe instantly. This rapid dissemination of information facilitates awareness and understanding of current events, societal issues, and global developments. However, the credibility and accuracy of media content are paramount. With the proliferation of fake news and biased reporting, discerning audiences must critically evaluate sources todistinguish fact from fiction.Furthermore, media shapes public opinion and influences societal norms. Through news coverage, documentaries, and social media discussions, media platforms contribute to the formation of collective attitudes and values. For instance, the portrayal of certain groups or individuals in the media can either perpetuate stereotypes or challenge existing biases. Likewise, the representation of social issues such as gender equality, environmental conservation, and racial justice can spark public discourse and advocacy for change.Moreover, media has a significant impact on consumer behavior and popular culture. Advertising, product placements, and celebrity endorsements shape consumer preferences and purchasing decisions. By strategically promoting certain products or lifestyles, media channels contribute to consumerism and materialism in society. Additionally, the entertainment industry influencescultural trends, fashion, and social norms through movies, television shows, and viral content. As a result, media plays a pivotal role in shaping the cultural landscape andcollective identity of communities.However, alongside its benefits, media also poses challenges and risks to society. One notable concern is the potential for misinformation and propaganda to spread rapidly through digital platforms. With the rise of social media algorithms and echo chambers, individuals may be exposed to biased or misleading information that reinforces their existing beliefs and polarizes society. Moreover, the digital age has ushered in new forms of media addiction and mental health issues, as people become increasingly reliant on technology for entertainment and communication.Furthermore, media censorship and control by governments or corporations can limit freedom of expression and hinder democracy. In authoritarian regimes, media censorship is used as a tool to suppress dissent and manipulate public opinion. Even in democratic societies, media consolidation and corporate influence raise concerns about journalistic integrity and independence. Thus, ensuring media plurality and safeguarding press freedom are essential for a healthy democratic society.In conclusion, media plays a multifaceted role in shaping society, influencing everything from information dissemination to cultural norms and consumer behavior. While media has the power to inform, educate, and empower individuals, it also poses challenges such as misinformation, propaganda, and censorship. Therefore, promoting media literacy, ethical journalism, and regulatory frameworks are essential for harnessing the positive potential of media while mitigating its negative impact on society.。
横断位t2 英语The Transverse Tectonic Zone: A Geologic EnigmaThe Earth's surface is a dynamic canvas, sculpted by the relentless forces of plate tectonics. Amidst the grand tapestry of mountain ranges, deep ocean trenches, and volcanic islands, one particular feature stands out as a geologic enigma – the transverse tectonic zone. This enigmatic structure, known as the Transverse Tectonic Zone or simply the Transverse Zone, has captivated the attention of geologists and geophysicists alike, as it challenges our understanding of the fundamental processes that shape our planet.The Transverse Zone is a complex network of faults, fractures, and lineaments that cut across the traditional boundaries of tectonic plates. Unlike the well-understood convergent and divergent plate boundaries, where plates collide or drift apart, the Transverse Zone defies the conventional model of plate tectonics. It represents a zone of oblique or transverse motion, where the movement of tectonic plates is neither purely parallel nor perpendicular to the plate boundary.This unique configuration has profound implications for the Earth'sgeology and geodynamics. The Transverse Zone is often associated with a range of tectonic and seismic phenomena, including the formation of complex fault systems, the development of unique geological structures, and the occurrence of devastating earthquakes.One of the most remarkable aspects of the Transverse Zone is its global distribution. While the specific manifestations of the Transverse Zone may vary from region to region, it is a feature that has been observed on multiple continents and in various tectonic settings. From the western United States, where the Transverse Ranges of California disrupt the otherwise relatively simple trend of the Pacific-North American plate boundary, to the Sumatran Fault Zone in Indonesia, where the Transverse Zone intersects the Sunda Trench, the Transverse Zone has left its mark on the Earth's surface.The scientific community has long grappled with the origins and evolution of the Transverse Zone. Numerous theories have been proposed to explain its formation and the processes that sustain its existence. Some researchers suggest that the Transverse Zone may be a remnant of ancient plate boundary configurations, while others believe that it is the result of the interaction between multiple tectonic forces acting on the Earth's crust.One intriguing hypothesis posits that the Transverse Zone may be a manifestation of the Earth's deep-seated mantle dynamics. Themantle, the thick layer of semi-molten rock that lies beneath the Earth's crust, is believed to play a crucial role in shaping the surface features of our planet. The Transverse Zone, with its complex network of faults and lineaments, may be a surface expression of deep-seated mantle convection patterns or the interaction between different mantle flow regimes.Another line of investigation suggests that the Transverse Zone may be linked to the Earth's magnetic field and the way it interacts with the planet's internal structure. The Transverse Zone is often associated with regions of anomalous magnetic field patterns, leading some scientists to hypothesize that there may be a connection between the Transverse Zone and the Earth's core-mantle boundary, where the planet's magnetic field is generated.Regardless of the specific mechanisms behind its formation, the Transverse Zone remains a captivating subject of scientific inquiry. Its study has led to advancements in our understanding of plate tectonics, seismology, and the complex interactions between the Earth's interior and its surface features.As geologists and geophysicists continue to explore the Transverse Zone, new discoveries and insights are likely to emerge. The quest to unravel the mysteries of this enigmatic feature may not only deepen our knowledge of the Earth's geological history but also providevaluable clues about the dynamic processes that shape our planet's future.In the end, the Transverse Tectonic Zone stands as a testament to the enduring mysteries of our Earth. It serves as a reminder that even in an age of advanced scientific understanding, there are still profound questions waiting to be answered, and that the pursuit of knowledge is an endless journey of exploration and discovery.。
1.万物并育而不相害,道并行而不挬。
All things exist together but never harm each other; all ways function together but never go against each other.2.刀子嘴豆腐心。
Her bark was worse than her bite.一个唱红脸一个唱白脸。
One coaxes while the other coerce.3.The Nobel prize for literature in 2012 is awarded to Chinese writer Mo Y an” who withhallucinatory realism merges folk tales, history and contemporary.诺贝尔委员会的演讲词:莫言将魔幻现实主义与民间故事,历史与当代社融合在一起。
4. The joy of true joys is the joy that joys in the joy of others.独乐乐,众乐乐,孰乐?5.Summer merges into autumn.夏去秋来。
6. She was sentimental over a leaf that has been blown into her room.见一叶飘零,随风入室,边愁绪满怀,难以自解。
11.She has beauty still, and if it be not in its heyday, it is not yet in its autumn.她美丽依旧,若非风华正茂,也未到迟暮之年。
7.也可以去桂林,沿着漓江顺水而下到阳朔,“桂林上水甲天下,阳朔山水甲桂林”这个旅游项目不会使你失望。
Alternatively, you may proceed to Guilin .Where you can sail down the Lijiang River to Y angshuo. As an old saying goes” The landscape of Guilin ranks first in Guilin.” Thistourist program will not disappoint anyone.8.在整个改革开放过程中都要反对腐败。
TechnologyRegimesandNewFirmFormation
ScottShaneR.H.SmithSchoolofBusiness,UniversityofMaryland,CollegePark,Maryland20742sshane@rhsmith.umd.edu
AtleastsinceSchumpeter(1934and1942),researchershavebeeninterestedinidentifying
thedimensionsoftechnologyregimesthatfacilitatenewfirmformationasamodeoftechnologyexploitation.Usingdataon1,397patentsassignedtotheMassachusettsInstituteofTechnologyduringthe1980–1996period,Ishowthatfourhypothesizeddimensionsofthetechnologyregime—theageofthetechnicalfield,thetendencyofthemarkettowardsegmentation,theeffectivenessofpatents,andtheimportanceofcomplementaryassetsinmarketinganddistribution—influencethelikelihoodthatnewtechnologywillbeexploitedthroughfirmformation.(Entrepreneurship;TechnologyRegimes;Patents)
IntroductionUnderwhatconditionsisnewtechnologyexploitedthroughfirmformation?For40years,researchershavelookedtomarketstructuretoanswerthisques-tion(CohenandLevin1989,KamienandSchwartz1982).Forexample,researchershaveexaminedtheeffectofaveragefirmsize,capitalavailability,researchanddevelopmentintensity,andindustryconcentra-tiononnewfirmformation.Unfortunately,theresultsoftheefforttoexplaincross-industryvariationinfirmformationonthebasisofmarketstructurealoneare,atbest,inconclusive(CohenandLevin1989).Evolutionaryeconomistsarguethatthefailuretoexplainthisvariationistheresultofalackofattentiontothetechnologicalregime(NelsonandWinter1982,MalerbaandOrsenigo1997),orknowledgesystem,underwhichinnovationoccurs(Winter1984).Unlikeindustrialorganizationeconomists,whoarguethatvariationinthemodeoftechnologyexploitationisafunctionoffirm-levelcompetitivedynamics,evolu-tionaryeconomistsarguethatvariationintechnologylifecycles(UtterbackandAbernathy1975,GortandKlepper1982)andappropriabilityconditions(Arrow1962,Levinetal.1987,NelsonandWinter1982)
accountforatleastsomeofthecross-industryvaria-tioninfirmformationrates.However,todatewehaverelativelylittleempir-icalevidenceofhowspecificdimensionsofthetechnologyregimeenhanceorinhibitnewfirmfor-mation.Whileevolutionaryeconomistshavegener-allyagreedthatsomeindustries,butnotothers,facetechnologicalregimesinwhichnewfirmformationisrelativelycommon(AcsandAudretsch1990,MalerbaandOrsenigo1997),theyhavedisagreedaboutthespecificcharacteristicsthatfacilitatenewfirmforma-tion(see,forexample,thedifferencesbetweenWinter1984andMalerbaandOrsenigo1997).Moreover,effortstogatherevidenceinsupportoftherelationshipbetweenparticulardimensionsoftechnologicalregimesandratesoffirmformationhavebeenlimitedbythreeobstacles.First,researchershavefounditdifficulttoobservenewtechnologiesthataresimultaneouslyatriskofexploitationbyinde-pendententrepreneursandestablishedfirms.How-ever,ifresearchersexaminetechnologiesthatalreadybelongtooneofthesetwoentities,theycannottesttheeffectoftechnologyregimecharacteristicsonthepropensityforinventionstobeexploitedthroughtheformationofnewcompanies.Ifanindependent
0025-1909/01/4709/1173$5.001526-5501electronicISSNManagementScience©2001INFORMS
Vol.47,No.9,September2001pp.1173–1190SHANETechnologyRegimesandNewFirmFormation
entrepreneurorestablishedfirmalreadypossessesanewtechnology,anyexaminationoftheeffectsofthetechnologyregimewillbeconfoundedwithstrategicdecisionsalreadymadebytheentrepreneursorfirmmanagers.Second,researchersrarelyobservefirmformationbutinsteadexamineentryintoindustry.Asaresult,researchoncross-industryvariationontheeffectsoftechnologyregimecharacteristicsonfirmforma-tionmustinfertheeffectsfromempiricalinvesti-gationofindustryentry.However,asMalerbaandOrsenigo(1996)explain,firmformationandindus-tryentryareconceptuallydifferent.Anewentrantmaybeanestablishedfirmthathasexistedforalongtimeinanotherindustry.Consequently,empir-icalfindingsonindustryentryoftenrepresenttheeffortsofestablishedfirmstodiversifytheiroper-ations(Caves1998).Althoughpopulationecologyresearchgenerallyovercomesthisobstaclebyexplor-ingfirmformationdirectly,ecologicalworkexaminesfirmsinasingleindustry.Therefore,itcannotinformresearchersabouttheeffectsofcross-industryvaria-tioninthecharacteristicsoftechnologyregimesontherateoffirmformation.Third,researchersrarelyobservegrossfirmforma-tionbutinsteadobservefirmformationnetofexit.Unfortunately,netentryfailstocapturetheresponseofactorstotechnologicalopportunitiesinindustrieswithahighdegreeofentryandexit(Geroski1995).Althoughnetentrycapturesvariationinthepropen-sityofentrepreneurstoformnewfirmstoexploitopportunities,itconfoundsthisvariationwiththeeffectoffailurerates.Fromtheexaminationofnetfirmformationrates,onedoesnotknowifcross-industryvariationexistsbecausenewfirmsaremorelikelytobefoundedorbecausenewlyfoundedfirmsarelesslikelytofail.Onlytheexaminationofgrossfirmformationallowsresearcherstodeterminehowtechnologyregimeconditionsinfluencethelikelihoodthatnewtechnologywillbeexploitedthroughfirmformation.Thisstudyovercomesthethreemethodologi-calproblemsoutlinedabovetoprovideempiri-calevidenceabouttherelationshipbetweenspecificdimensionsofthetechnologyregimeandnewfirmformation.Byexploringdataonthe1,397patentsassignedtotheMassachusettsInstituteofTechnologyfrom1980–1996,thestudyshowsthatfourdimen-sionsofthetechnologyregime—theageofthetechni-calfield,theimportanceofmarketsegmentation,theeffectivenessofpatents,andtheimportanceofcom-plementaryassets—influencethepropensityofnewfirmstobeformedtoexploittechnology.Thearticleproceedsasfollows.Inthenextsection,Ireviewtheliteratureonthetechnologyregimeanddevelopspecifichypothesesforwhytechnologylifecyclesandappropriabilityconditionsinfluencethelikelihoodthataninventionwillbecommercializedthroughfirmformation.Inthethirdsection,Idescribethedatasetandthemethodsusedforanalysis.Inthefourthsection,Isummarizethefindings.Inthefinalsection,Idiscusstheimplicationsoftheresultsforresearchonandthepracticeofentrepreneurship.