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Much advance has been made in the study of the new urbanization process in post reform China. But the resulting urban system in Guangdong province has not been thoroughly analyzed creating a knowledge gap between the new urbanization process and the new urban system. This paper attempts to reveal the emerging urban system hierarchy in the 1990s in Guangdong(More)
This study investigates how two competing capital structure theories: the pecking order and the static trade-off models, impact financing decisions in multinational inter-and intra-firm innovation collaborations. The results show that for the pecking order model, debt repayment, working capital, capital expenditure and operating cash flow are the main(More)
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