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Amid a growing interest in venture capital research, little attention has been given to exploring the influence of digital empowerment on this domain. Particularly in the midst of heightened uncertainty factors contributing to global financial fragility and instances of capital retreat, these matters demand comprehensive examination. Drawing on resource-based theory and information asymmetry theory, this study collected extensive data from 1,985 Chinese manufacturing listed enterprises in the Growth Enterprise Market (GEM) from 2016 to 2020.
Authors:prof. Mette AsmildIERDdr. Zhiyang ShenIERDWei Zhang Shiqi Ye Malin Song
The European Green Deal and similar strategies seek to improve sustainability of the agricultural sector via public support programmes. It is important to assess the costs of sustainable energy use in agriculture by exploiting the shadow price approach.
Sustainable agriculture strives to ensure future food and energy supply while safeguarding natural resources. The interpretation of sustainability varies by context and country, yielding distinct indicators. Researchers have studied sustainable agriculture for the past 25 years and have developed several indicators.
This study responds to the need for theoretical and empirical research on value co-creation in tourism. Previous research has mainly adopted a perspective centred on the collaborative relationships between tourists and service providers, i.e., has been focused on a relationship called ‘one-to-one’. According to the emerging trends in value co-creation theory, value co-creation activities, however, are more complex.
Transformative tourism is a new form of tourism business focused on how to use cultural and natural resources of visited places for individual or collective transformation. It may be defined as an innovative form of transformative learning which not only enables a person to get new information but also allows testing the new cultural values in practice and gives an understanding of how to consider the local context when implementing own development solutions.
In the current paper, the thermal insulation material from the wool of sheep grown in Lithuania is analyzed. Three types of thermal insulation material were produced: horizontal orientations, corrugated from the individual layer obtained, and corrugated from individual mats.
Authors:dr. Virgilijus SkulskisIERDSigitas Vėjelis Arūnas Kremensas Saulius Vaitkus Agnė Kairytė
We replicate the findings of Emlinger and Guimbardr (ERAE, 2021) on the heterogeneous effects of per-unit tariffs on trade patterns for developed and developing countries. Analyzing import and export data from 2001 to 2013, they confirm the Alchian-Allen conjecture that per-unit trade costs induce higher export unit values. per-unit trade costs induce higher export unit values.
Authors:dr. Fabio Gaetano SanteramoIERDDela-Dem Fiankor
Transitioning to environmentally friendly economic growth is crucial for achieving sustainable development. Digital inclusive finance (DIF) can promote environmentally friendly economic activities and play a crucial role in fostering green and low-carbon development. In this context, a fundamental research question revolves around the theoretical foundations of how DIF impacts the growth of green total factor productivity (GTFP) and whether this relationship can be empirically verified.
Authors:dr. Tomas BaležentisIERDDan Liu Yushan Li Jia You Zhiyang Shen
Interval function clustering is a statistical method used to classify functional data based on interval number similarity measurements. However, existing similarity measurements focus on measuring the similarity of the curves in terms of numerical distance. This ignores the changing characteristics of the curve shape, which may lead to unreasonable clustering results when clustering interval-valued functional data.
Authors:dr. Tomas BaležentisIERDLirong Sun Haofeng Mao Chi Zheng Chonghui Zhang
Measuring the rebound effect (RE) of energy use and pollutant emissions is fundamental to characterizing the effects of technological progress on energy conservation and emissions reduction.
Authors:dr. Tomas BaležentisIERDXiaodong Chen Min Yang Zeng Li Fang Wang