In the life sciences, the government is seeking to speed up the creation of firms by setting up venture-capital funds.
This partly explains the recent rise in the creation of firms in Europe (Van Looy et al. 2011; Levi 2014).
This paper examines how scientific and technological (S&T) human capital is transformed into financial capital through the creation of firms by scientists.
The promise of applications in developing pharmaceutical products, diagnostics, and biologics, as well as agricultural uses, led to adoption of genomics by established firms and creation of new firms that extensively used the nascent technologies.
The First Trust IPOX-100 Index Fund has been set up to replicate as closely as possible, before fees and expenses, the price and yield of the U.S. IPOX-100 Index, a creation of research firm IPOX Shuster, founded by Josef Shuster.
The creation of this firm, which will be based in a Chappaqua storefront, has far-reaching implications for Westchester, a land of ever-rising housing prices, property taxes and other expenses.
So far ThermoLase has opened ten Spa Thira hair-removal salons in America, and is opening joint-venture salons in Japan, France and Saudi Arabia.Mr Hatsopoulos's creation of "a firm that is able to move effortlessly from niche to niche [and] is uniquely capable of sustained long-term growth", not to mention 12 consecutive years of record sales and profits, has proved alluring to other firms.
The creation of the firm is to be discussed at a cabinet meeting next week where a feasibility study will be presented to councillors.
UBS said its new compensation model would be "focused on the long-term" and "closely aligned with the value creation of the firm".
