Ever since the start of the Industrial Revolution in Britain in the 1760s, innovation and investment have been crucial elements in economic explanations of the dynamics of capitalism. Classical economics recognises that innovation embodied in the form of new machines through fixed capital investment is the essential process for realising economic development. This study sets up a theoretical li...

Purpose The paper discusses the new concept of ‘Multinational Investment Projects’ (MIPs) and its application in the context of international business operations in China. The petrochemical industry in China is used as the industrial context in which we investigate the interplay between the Chinese government, which encourages growth and investment activities in the sector, and the multinationa...

By using an extensive panel data set of Italian firms, we show empirically that the fraction of firms that engage in a lumpy investment follows a non-normal, double-exponential distribution across region-year. We propose a simple sectoral model that generates the double-exponential distribution that arises from the complementarity of the firms’ lumpy investments within a region. We calibrate th...

‎an  oriented perfect path double cover (oppdc) of a‎ ‎graph $g$ is a collection of directed paths in the symmetric‎ ‎orientation $g_s$ of‎ ‎$g$ such that‎ ‎each arc‎ ‎of $g_s$ lies in exactly one of the paths and each‎ ‎vertex of $g$ appears just once as a beginning and just once as an‎ ‎end of a path‎. ‎maxov{'a} and ne{v{s}}et{v{r}}il (discrete‎ ‎math‎. ‎276 (2004) 287-294) conjectured that ...

High initial costs hinder innovative technologies for building envelopes. Life Cycle Assessment (LCA) should consider energy savings to show relevant economic benefits and potential reduce consumption CO2 emissions. Cost (LCC) Energy (LCE) focus on investment, operation, maintenance, dismantling, disposal, and/or recycling the building. This study compares LCC LCE analysis of Water Flow Glazing...

Exchange inquiry letter is an important and innovative regulatory method, the efficiency of corporate investment decision-making theft has not been studied. Theoretically, regulation may have a positive negative opposite effect on company's investment. Based this, this paper adopts multi-period double difference model used by A-share non-financial listed companies in Shanghai Shenzhen from 2014...