跳至主要内容

Religious Belief and Firm R&D Investment

Religion has a significant impact on the spiritual awareness and ideas of believers such as values as an important dimension of social culture. Studies have shown that the proportion of religious believers in China showed a clear upward trend in recent years, and the number of religious believers in private entrepreneurs has gradually increased. Current scholars have begun to pay attention to the role of religious beliefs on corporate behavior, and initially carried out the relevant research.

However, we can see from the existing research that scholars have not paid full attention to the relationship between entrepreneurs’ religious beliefs and corporate R&D investment, and the related research literatures are rare. R&D investment requires a lot of money and staff input, and it’ payback period is quite long, coupled with the possibility of failure in the R&D, so it is full of great risks. Of course, once the R&D investment activities were succeeded, it will bring great benefits to the enterprise. As long as researchers think that a R&D project can give them a full play, they will enthusiastically immerse in the R&D project, which not only make the researchers to enjoy the fun of the process, but also increase their own academic values.

On the contrary, entrepreneurs who believe in religion have a strong sense of risk aversion, they are reluctant to try R&D projects that are relatively risky and quite uncertain, and also may interfere with the work of researchers related to R&D projects. This will affect researchers’ enthusiasm directly and bring a certain negative effect to the researchers, resulting in their work efforts and extent of focus on projects is greatly reduced.

Therefore, from the perspective of the influence of entrepreneurs’ religious belief on corporate strategic behavior and based on the spirit of free inquiry of researchers, this paper focuses on exploration and analysis of the role and mechanism of entrepreneurs’ religious belief on the R&D investment of enterprises, so as to provide the R&D strategic decision of private enterprises with practical guidance and theoretical references via constructing the game model.

Article by Gege Wang,et al,from South China University of Technology, China

Read more @ http://mrw.so/47cQrn
Image by alex skopje,from Flickr-cc.



评论

发表评论

此博客中的热门博文

Incorporation of High-Altitude Balloon Experiment in High School Science Classrooms

High-altitude balloon is a balloon, filled usually with helium or hydrogen that ascends into an area called “near space” or stratosphere. The most common type of high-altitude balloons are weather balloons. Other purposes include use as a platform for experiments in the upper atmosphere. Modern balloons generally contain electronic equipment such as radio transmitters, cameras, or satellite navigation systems, such as GPS receivers. The mission of the High-Altitude Balloon Experiment (HABE) is to acquire supporting data, validate enabling technologies, and resolve critical acquisition, tracking, and pointing (ATP) and fire control issues in support of future space-based precision pointing experiments. The use of high-altitude balloons offers a relatively low-cost, low-vibration test platform, a recoverable and reusable payload, worldwide launch capability, and a 'near- space' emulation of the future space systems operational scenarios. More recently, several university...
1 条评论
阅读全文

The Influence of Heated Soil in Crop of “Tamaris” Tomato Plants on the Biological Activity of the Rhizosphere Soil

Tomato is a plant with high heat requirements and sensitive to cold weather and frost. The optimum temperature for the growth of tomato plants is between 21˚C and 27˚C during the day and between 17˚C and 21˚C at night. The soil temperature is also very important for plant growth. The optimum soil temperature for tomato cultivation should be within the range 15˚C - 18˚C. Besides, the proper development of the root system depends on the optimal temperature of the soil. A temperature below 14˚C reduces and inhibits the growth of the root system and encourages the development of fungal and bacterial diseases. In this study, the authors aimed to evaluate the effect of heated soil on the population of bacteria, fungi and nematodes inhabiting the soil of tomato cultivar “Tamaris” growing in peat and coconut substrates. The experiment was carried out in 12 treatments and in 3 replications (one slab was one replication). The soils were tested in two different types of containers: cylinders...
发表评论
阅读全文

Location Optimization of a Coal Power Plant to Balance Costs against Plant’s Emission Exposure

Fuel and its delivery cost comprise the biggest expense in coal power plant operations. Delivery of electricity from generation to consumers requires investment in power lines and transmission grids. Placing a coal power plant or multiple power plants near dense population centers can lower transmission costs. If a coalmine is nearby, transportation costs can also be reduced. However, emissions from coal plants play a key role in worsening health crises in many countries. And coal upon combustion produces CO 2 , SO 2 , NO x , CO, Metallic and Particle Matter (PM10 & PM2.5). The presence of these chemical compounds in the atmosphere in close vicinity to humans, livestock, and agriculture carries detrimental health consequences. The goal of the research was to develop a methodology to minimize the public’s exposure to harmful emissions from coal power plants while maintaining minimal operational costs related to electric distribution losses and coal logistics. The objective was...
发表评论
阅读全文