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Tsinghua Science and Technology Park
Tsinghua Science and Technology Park
Located in the downtown area of Beijing, the Tsinghua Science and Technology Park (TSTP) was established in 1988 in response to the Chinese government’s drive to promote high-tech research and development in the nation’s universities. The park is spread acro......
1046 
Sophie
FRICT Funding Analysis
FRICT (Financing Research, Innovation and Collaborative Tools) is a financing model which is increasingly being used to fund research and technological innovation. The model is based on the premise that, by providing financial incentives to research scientists and organizations, it is possible to ......
cost driver
Cost Drivers
Cost drivers play an important role in allocating costs within an organization. They are used to explain and measure the economic cause of costs and are necessary for cost allocation decisions and for preparing budgets. Organizations utilize cost drivers for decision making and cost ......
finished product funds
Finished Product Funding
Finished product funding is an important part of running a successful business. When a business produces a product, it can take a lot of time, materials, and money to make those products. Upon completion of the product, the business needs to have enough capital to cover t......
transformative innovation
Introduction
Innovation has been the key to technological progress that has changed the world. It has transformed the way businesses operate, allowing them to remain competitive and continue to grow. In recent years, there has been an increasing trend towards introducing novel methods of creating......
Enterprise boundary
The business boundary is a line that divides the inside from the outside of an organization. It delineates the areas of operations and control and the people, processes and systems that the organization inherits from the outside. The boundary can be physical, technical or regulatory, and is essent......
Affiliate
Affiliated Information
Affiliation is a business relationship that is formed when two business partners mutually agree to use each others resources to gain profits. The two businesses may not be related by ownership directly, but there may be some shared financial interest. This type of arrangeme......
Silicon Valley Management Model
Silicon Valley Management Style
The Silicon Valley business model is an entrepreneurial and innovative management system associated most closely with technology companies located in the Silicon Valley region of Northern California, USA. First envisioned and popularized in the late 1990s, Silicon ......
Equity incentive
Equity Incentives
Equity incentives refer to the use of equity ownership to motivate people to work hard and achieve better results in their jobs. By providing incentives in the form of stock options or ownership shares, employees are more likely to contribute to the success of the company. Equit......
horizontal company
A Horizontal Company
At the beginning of the 21st century, the world has seen a dramatic shift in how companies do business. The traditional hierarchical model of organization has been replaced in many instances with a horizontal or flat organization. A horizontal organization, or flat organizati......
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