Science policymakers and research evaluators are increasingly focusing on alternative methods of assessing the public investment in science and engineering research. Over the course of the last 20 years, scientific and engineering research centers with ties to industry have become a permanent fixture of the academic research landscape. Yet, much of the research on the careers patterns and productivity of researchers has focused on scientists rather than engineers, specific job changes rather than the career as a whole, and publication productivity measures rather than patent outcomes. Moreover, much of the extant research on academic researchers has focused exclusively on the academic component of careers. As universities increasingly take on roles than were once considered the responsibility of the private sectorsuch as securing patentsand build greater ties with industry, it is timely to reexamine the nature of the contemporary academic career. In this research, I draw on scientific and technical human capital theory to situate the central research question. Specifically, I examine the nature of the career pattern and publication and patent rates of scientists and engineers affiliated with federally-supported science and engineering research centers. The research makes use of curriculum vita (CV) data collected through the Research Value Mapping Program headquartered at the School of Public Policy. Tobit, Poisson, and Neural Network models are used in analyzing the data. In addition, I examine the career patterns of highly productive scholars and contrast those with less productive scholars. The findings suggest that the ways in which academic productivity and career patterns have been conceived may be in need of revision, with a greater attention to diverse productivity outcomes and diverse career patterns. Some of the interpretations of empirical findings in the literature may be misconceived. Moreover, it may be the case that postdoctoral fellowshipa common component of government support for scientific and engineering researchmay be associated with lower career productivity rates. This research contributes to our understanding of research careers with implications for public research policies. Finally, the relatively new method of analyzing CVs and appropriate modeling techniques and the challenges posed by this method are discussed.

Information system development (ISD) has long been treated as the process that system developers craft an artifact to support business operation based on their special expertise. However, a significant portion of projects still have failed because the developed outcome cannot fit users¡¦ needs. An emerging internal service concept indicates that, by treating ISD as one type of service, the requirement definition can be viewed as a knowledge integration process in which users and developers integrate their own knowledge to develop the new knowledge to counter problems faced by business. By incorporating this concept into research design and taking intellectual capital perspective into account, this study proposed a model to examine the antecedents and consequences of knowledge integration between users and developers. An empirical survey methodology is applied and we use PLS to test the research model. The results showed that user-IS developer knowledge integration can benefit project performance, and human capital, relational capital and structural capital increase the effectiveness of knowledge integration, indicating the important mediating role of knowledge integration. Furthermore, the result also found that the relational capital plays a moderating role between human capital and knowledge integration. In sum, differing form prior research that focused on separate and different perspective on user-IS developer knowledge integration, this study proposed a comprehensive model to explore the antecedents of knowledge integration. The implications toward academic and practitioner are also provided.

The Venture Capital Invested Business Model ¡VThe Case Study For D Venture Capital Company Abstract Post-investment management is one of the critical phases of the investment process and is typically the most time consuming. Venture Capital Invested forcus in high-tech firms ,the difference between Venture Capital and tradition company is Venture Capital have hight risks and returns more than tradition company¡C From allocation to withdrawal and returns process by Venture- capital-backed Firms ( all the time approximately 3∼8 year), after post-investment management including the time which covers is very long, and have huge influence for the investment result. After the investment, how to involve the management, manages strength of strong and the weak is a big challenge for Venture capital of human resources assignment. The method is studying documents and the more case study have the conclusion. The onclusion is Venture capital have strategic valuation by the analysis base. And by the analysis base extend todifference business model. This research proposed as the market size to be big and the department market mainstream product, either is had law litigation by Venture- capital-backed Firms . Venture capital will involve leading manage to reduction lawsuit perio. When Venture- capital-backed Firms management team displays direction of the management idea difference even the deviation board of directors, Venture capital put into mostly the time involvement management even the consideration sells off stocks, makes a profit brings to completion. Post-investment management is one of the critical phases venture-capital acts as a member of board directors.¡Bthe assistance enterprise financing¡Bmonitoring financial report and structue¡Bthe agreement on urgent problem and the initiation business strategy.Ventur-capital invested jusd do the consults of managemen when initial investment t and as a member of board directors. But when appears emergency alert from financial report either presents the crisis or the management question, Venture Capital will involvement human affairs, adjustment of the organization and the direction of management The reseach conclusion is venture Capital still sell the stockholder as the main purpose and the returns method. Keywords¡G Venture Capital¡BStrategic Valuation

With the coming of knowledge economy, intellectual capital has become the most important sources of competitiveness. Because intellectual capital lacks uniform valuation and has nonconformity with the definition of GAAP intangible assets, most intellectual capital can¡¦t be presented in financial reports. If we can consider intellectual capital in business valuation, we can assess firm¡¦s intrinsic value more exactly. So this study is based on Ohlson (1995) model to examine the value relevance of human capital (human assets), structural capital (R&D assets) and relational capital (advertising assets). The empirical evidence shows that (1) human assets, R&D assets and advertising assets have significant positive relation with market value of firms, (2) the Ohlson (1995) model including the three assets components has greater value relevance, (3) the effect of human assets, R&D assets and advertising assets on business valuation are different among industries.

Abstract With a focus on the three contracts¡Xranging from the common stock contract to the more sophisticated contracts of convertible debt and staged financing stock, this study aims at studying the moral hazard concerning a venture capitalist and an entrepreneur in their venture financing. The two objectives of the present study are: to compare the optimal levels for a venture capitalist and an entrepreneur when they are fully informed or when they are under moral hazard, given that the two parties are in the same type of contract; to compare the optimal levels for a venture capitalist and an entrepreneur of the three contracts. This study intends to construct a utility maximum model for a venture capitalist and an entrepreneur in the three contracts and to work out the optimal levels for a venture capitalist and an entrepreneur when they are fully informed or when they are under moral hazard. The conclusion is as follows: 1. Of the three contracts, the optimal effort levels for a venture capitalist and an entrepreneur under full information are all larger than those under moral hazard. 2. Of the three contracts, a venture capitalist and an entrepreneur¡¦s optimal effort levels are: The optimal effort levels for convertible debt are larger than those for common stock, and the optimal effort levels for common stock are larger than those for staged financing stock.

Human capital is basically knowledge, skill, or expertise embodied in people and acquired through investments in formal or informal education, training, or learning by doing. If one adopts the household production model of consumer behavior in which the household or consumer is viewed as producing goods or services in the household that they sell to themselves, in effect, it is natural to think of labor used in the household. It follows that human capital should be an important input to the process of household production. Following the prevailing of the internet, on-line shopping is the whole new tendency towards consumption. In the view of human capital, on-line shopping provide more information about goods and prices to consumers, but the point is that consumers build the skill to search information. When consumers have the ability to shop by computer and internet, and are also familiar with the on-line shopping procedure through on-line shopping experience, it may rise the consumption of on-line shopping. This is a kind of accumulated human capital effect. Many empirical research show that most internet users have higher degree, and on the other hand the percentage of employees from information industries is also increasing. Students and employees from information are the large weight users. Thus it can be seen that shopping on the web or not depends on the degree of eduction and contact with internet. This study use the concept of human capital to explain the motive of on-line shopping. When consumers have the ability to shop by computer and internet, and are also familiar with the on-line shopping procedure through on-line shopping experience, it would lower the full price of on-line shopping, and then increase the consumption. It involves with the effect of network externality, therefore this external effect lower the full price and rise the consumption of on-line shopping. That is why more and more people are willing to consume on the wed. The purpose of this study is using the generalized human capital model under the network externality to discuss the role of human capital when consumers consume the activities of on-line shopping.

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Abstracts As the constant innovation of science and technology, and the continual internationalization of market, the environment of business operation has become increasingly competitive. An enterprise must make use of its own tangible capitals to conduct the innovation, revamping and renewal of products, processes, equipments, techniques and procedures. All of these activities should be achieved by means of capital expenditure project. Knowledge is the most important resource of business in 21th century. However, it must be conducted through capital input to convert, utilize and implement the knowledge in the whole operation and process of a business. Through transforming knowledge to action, a business can create its core value and enable itself to grasp competitive edge, and realize corporate vision. China Steel Corporation is the subject of this research. CSC is attributed to heavy industry with the characteristics of capital and technology intensive, and long-term investment. Its investment project is indeed a highly knowledge intensive process. Hence, it is an emergent issue for a business to integrate the practice of knowledge management and investment projects so that knowledge asset can assist a business to allocate and utilize its own limited resource adequately, avoid wrong investment, and develop its best performance. The goal of this research is to examine the theoretical application on practice focusing on the integration of capital expenditure and knowledge management, of a business, to pursue its optimal investment performance. We try to find out the nature and characteristics, activities of knowledge management, and the factors that enable knowledge management and their current status. Then investigate the practical status of a business utilizing knowledge to solve its problems in the process of capital expenditure planning and decision-making. Finally, we set the results of our interviews and investigations as the basis of our empirical analysis, and our conclusions as listed below: 1. the core aspects of investing in knowledge nature are the innovation of equipments, technology and materials, as well as the high platform assessment decision-making capability. 2. knowledge creation capability is the competitive edge for CSC¡¦s investment projects. 3. knowledge integration is the key mechanism for a business to form its decision-making of investment. 4. the emphasis on environmental discipline and security of IT system will constrain the activities of knowledge management. 5. the accumulative structure differs in different divisions 6. the efficiency of knowledge management will be reduced if the guiding integration mechanism is insignificant. 7. the most helpful factors to knowledge market: mediator and market reward. 8. knowledge management will be the core task of business investment.

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To follow the trend of internationalization and to meet the enforcement of New Basel Capital Accord (which call BASEL II), our government is aggressively promoting financial reform. The major objectives of twice financial reform are to promote the merger of financial institutions and to attract overseas investment. Furthermore, It make financial institutions being more international competitiveness. However, since its had been performed, it occurred many abuses, including a series of running on banks, illegal acquisition and merger and misappropriation of funds, etc. It shows up the incomplete supervision and poor performance of Taiwan's financial supervisory system again. Therefore, the proper financial supervisory system must be developed to stabilize Taiwan's finance and make people be competitive in the globe. The thesis focuses on the impact of twice financial reform and refers to financial reform and relative financial supervisory systems of various countries (such as EU, USA, Japan, and Korea, etc.)which link with us. To explore the issues of Taiwan's financial supervisory system generated from new banking environment, and to provide suggestion of future financial supervisory system, then more sound financial supervisory system can be developed and the twice financial reform can be guided to its right way. It is true that only the proper and sound financial supervisory system can really accomplish financial reform.