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Possible ways of IP Commercialisation in the European Higher Education Ecosystem
56-74Views:203Strong links between universities, and companies can play crucial role in promoting taking into practice of ideas that drive the knowledge society, and in raising competitiveness and living standards. In academic terms of IP management, all activities aimed at sharing knowledge generated in research institutions as a knowledge transfer including scientific publishing, conference presentations, collaborative research with external partners, and contract-based clustering activities, such as licensing and spin-offs. In a narrower sense, the IP management means technology transfer is aimed at placing a given technology on the market, and includes any process by which the recovery partner becomes able to produce new products or services. IP with traditional university mission, values, and activities primarily focusing an active university role in entrepreneurship and contracts with private sector for IP commercialization. This paper gives a comprehensive overview about IP management in universities of the European Higher Education System including the following aspects: partnerships (licensing, industry collaborators); IP invention (disclosures, patenting); proof of concept research bridging the gap between lab discoveries and market application (highly innovative R&D to solve practical problems and commercialization research aiming patented technologies towards business exploitations) and commercialization (start-up incubators and strengthening the entrepreneurial attitudes and competencies). The methodology based on secondary research analysing EU, OECD, on-line literature sources and relevant, up-to date statistical data as well. The conclusions and recommendations based on this „desk research” work reflects the authors.
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Investments and Their Financing Risks and Risk Management Trends in the Last 10 Years
184-203Views:199The purpose of our literature review was to understand the state of research related to management of risk of corporation’s investments and their finance within the past 10 years. Nowadays the risk management and problem solving are characterized by holistic approach and complexity - and these tendencies we can see clearly. We need to examine the likvidity, financing and investment questions together, because of the interactions between them. They can influenced the corporate value together. The role of risk management in the investments is the cash-flow smoothing (we mean: cash-flow generated by investment). The field of corporate finance is noticeably inseparable from other areas of business science (at least in the empirical analyses), and even technical issues, like risk management, have long been considered suitable appropriate in an integrated form. The financial and operational hedging has become indispensable elements of the managerial toolbar. The consequence of crisis (from 2007) promotes the birth of many studies that justify it. The researchers are paying close attention the transaction costs, such as costs of contracts or agent costs, and the losses due to information assimetry. The statements of behavioral finance connection with managerial decisions mean important additives in this field.
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The impact of realization of solar power plant installation requests in Mandatory Purchase (KÁT) system on the electricity supply of Hungarian settlements
54-60Views:87The support system of renewable energy production was changed in Hungary in 2017. The legislator created the Mandatory Purchase (KÁT) system earlier to encourage the electricity production from renewable energy sources and waste. The Renewable Energy Subsidy System (Metár) changed the Mandatory Purchase (KÁT) system from the 1st of January in 2017. It had been known before Metár came into force that the supported period in the Matár would be only 13 years while it was 25 years in the KÁT. Therefore, a real rush started for the KÁT support licenses in 2016 in order to make more beneficial contracts by the investors. At the time, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) released a record amount of licenses (more than 2000 pieces) to build solar power plants under 500 kW performance. This is more than 1000 MW total power. This paper searches the answer how this solar power plants will influence the level of self-sufficiency of the Hungarian settlements in the electricity supply if those are realized. Hereinafter, we will analyze the possible impact of these solar power plants in the settlement electricity self-sufficiency.
