This paper develops a real options model of capital structure to understand two distinct roles played by intellectual capital in corporate financing decisions. First, intellectual capital limits a firm’s debt capacity because of its low liquidation value. Second, intellectual capital enhances a firm’s debt capacity through its positive impact on the earnings dynamics. We show that the former is...

We discuss the context, conception, implementation, and research used to refine and evaluate a systemic model for fostering technology integration in teacher education. The Learning Generation model identifies conditions where innovations for using technology emerge in small group dialogues. The model uses a multifaceted implementation with programmatic reform, enhanced infrastructure, technolo...

The objective of this workshop was to discuss current tools and environments for learning object-oriented concepts and to share ideas and experiences about the usage of computer support to teach the basic concepts of object technology. Workshop participants presented current and ongoing research. During the discussions the participants developed a general “package” of requirements for such tool...

This paper describes a plan to combine IT support for major tertiary hospitals through to independent GPs under a single application support provider. The objectives of the centre being to improve coordination between health providers, reduce GP IT support problems, provide access to Web skills to all players in order to support a thin client model for health IT

In technical support scams, cybercriminals attempt to convince users that their machines are infected with malware and are in need of their technical support. In this process, the victims are asked to provide scammers with remote access to their machines, who will then “diagnose the problem”, before offering their support services which typically cost hundreds of dollars. Despite their conceptu...

In technical support scams, cybercriminals attempt to convince users that their machines are infected with malware and are in need of their technical support. In this process, the victims are asked to provide scammers with remote access to their machines, who will then “diagnose the problem”, before offering their support services which typically cost hundreds of dollars. Despite their conceptu...

I consider directed technical change in an economy where market structure is endogenous. Endogeneity of market structure leads to both theoretical and empirical implications that are substantially different from those in the existing literature and that in some cases are rather surprising. There are two dimensions of directed technical change: directed firm entry (new firms enter the industry w...