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It is evident, from the cases of POSTECH and SKKU, that in order to transform universities to perform knowledge-generating functions within knowledge-based economies, replacement of physical capital, modification of curricular and pedagogy, and creation of wider institutional ecology, including better funding, become indispensable.
The modifications water down earlier definitions of capital and include a long phase-in period to comply with new requirements about leverage and liquidity ratios.
The new and improved budget, which passed the House this year, has many of the same extreme proposals in the 2011 budget, but with a modification of the Medicare reform scheme and a reversal on repeal of capital gains tax cuts.
Production of capital goods collapsed.
Information is the lifeblood of capital markets.
Cost of capital.
–sign of globalization of capital.
But what of capital spending?
An efficient use of capital.
Cut the cost of capital!
Collect return of capital dividends.
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