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Business Model Innovation and Competitive Imitation: The Case of Sponsor-Based Business Model

Abstract

We study sponsor-based business model innovations where a firm monetizes its product through sponsors rather than setting prices to its customer base. We analyze strategic interactions between an innovative entrant and an incumbent where the incumbent may imitate the entrant’s business model innovation once it is revealed. We find that an entrant needs to strategically choose whether to reveal its innovation by competing through the new business model, or conceal it by adopting a traditional business model. We show that the value of business model innovation may be so substantial that an incumbent may prefer to compete in a duopoly rather than to remain a monopolist.

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Marquette Law Review | Inventories: Inventories

The importance of inventories has been recognized for centuries. Initially, they were significant primarily for property tax purposes; however, they are also essential in accounting for results of operations during any stated period representing only a portion of the life of an enterprise. More recently, the emphasis has been upon their effect in the determination of income for tax purposes.

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The Commercial Monopoly in Sports

These are challenging times for those who roam the corridors of power in the highest echelons of international sport, with some international sports federations (notably the two biggest players, the International Olympic Committee and FIFA) having experienced crises of governance and well-publicised allegations of corruption and mismanagement in the past decade or so. The Salt Lake City Olympic Games, of course, comes to mind.

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Alcohol Brand Sponsorship Repor.t: Identified Alcohol Brand Sponsorships – U.S., 2010-2013

Methods

This study examined sponsorship of organizations and events in the U.S. by alcohol brands from 2010-2013. The top 75 brands of alcohol consumed by underage drinkers were identified based on a previously conducted national internet-based survey. For each of these brands, a systematic search for sponsorships was conducted using Google.

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Who Sponsors Whom and Why? An Empirical Investigation of Sports Sponsorships

Abstract

This paper applies a two-sided matching model to investigate the formations of sports sponsorships using a dataset containing the shirt sponsorships from 43 English football clubs during the period from 1990 to 2010. We find that sponsorships become less valuable as the distance between the club and the sponsor’s head office grows and that better-performing clubs can attract more distant sponsors. In addition, there is an assortative matching between a club’s attendance and a sponsor’s revenue. Based on the estimates from the two-sided matching model, we simulate the counterfactual matching outcomes if sponsorships on alcohol and gambling are banned. Our estimates suggest that such bans will not have the biggest impact on the (relatively successful) clubs that currently have alcohol and gambling sponsors. Instead, it is clubs with low attendance and clubs in low income, less populated areas will be most affected.

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Overview of Nuisance Law

Private vs. Public Nuisance

In general, a nuisance is defined as a “condition, activity, or situation (such as a loud noise or foul odor) that interferes with the use or enjoyment of property….” The interference created must be unreasonable and substantial to qualify as a nuisance. When this interference affects the use and enjoyment of a single or small group of properties it is considered a private nuisance.

A tree from one property that has fallen across the entrance of the neighboring driveway is an example of a private nuisance. However, when an activity unreasonably interferes “with a right common to the general public,” it is considered a public nuisance. For example, if the tree from the earlier scenario had fallen and blocked access to a public road it would be a public nuisance. At times, conduct may be both a private and a public nuisance if it causes both a particular harm to a specific property and a more generalized harm to the greater community

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The “Gray Line” Between Odor Nuisance and Health Effects

ABSTRACT

Ambient air in the community holds a mixture of chemicals from the everyday activities of it’ citizens and the commercial enterprises that make up modern day society. Exposure to chemicals in the ambient air is a part of life and a part of a community. However, from time to time citizens find the odors of these chemicals objectionable and at some point declare them a nuisance. Additionally, citizens frequently report adverse health effects from these chemicals. An odor nuisance can be a result of a series of odor episodes experienced by a citizen. The frequency of these episodes, the duration of each odor episode, the intensity of the odors, and the character of the odors all contribute to the nuisance experience and the resulting citizen complaint.

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Consilience The Unity Of Knowledge Edward O. Wilson

THE DREAM OF INTELLECTUAL UNITY first came to full flower in the original Enlightenment, an Icarian flight of the mind that spanned the seventeenth and eighteenth centuries. A vision of secular knowledge in the service of human rights and human progress, it was the West's greatest contribution to civilization. It launched the modern era for the whole world; we are all its legatees. Then it failed.

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From China to the World The Seed of Future Motorsport Industry

Abstract

Since the first day of motorsport history, automotive racing has been a noble sport category due to its high cost of participation. After entering the 21th century, the global motorsport industry has had a tendency to go downhill due to the economic slump. On the other hand, today’s motor racing is no longer a game simply about who is going faster, but starts focusing more on the challenge of sustainability. This strategic change requires merging varies cross-field technologies and sufficient financial support. Unfortunately, under the fragile economic status, the growth of today’s many well-developed motorsport industry participants goes into a bottleneck. In comparison to those countries that have a relatively mature motorsport industry, China shows the world a bigger potential of developing opportunities within the last 20 years. There is no doubt that the world motorsport industry will regain its exuberant vitality by the arrival of such a strong force from Asia. However, in order to diminish the obstacles of being a...

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Access Agreement (No Vest) Waiver And Release Required

THIS AGREEMENT (hereinafter referred to as the "Agreement") is made and entered into as of September 4, 2014 by and between the National Hot Rod Association (NHRA) (hereinafter referred to as the "NHRA"), and Mark Walter, an individual, dba J-Angel Productions, located at 106 Partridge Trail, Warner Robins, Georgia 31088 (“Production Company”), and Drag Racing Association of Women, an Oklahoma charitable organization, located 4 Hance Drive, Charleston, Illinois 61920 (“DRAW”) (Production Company and DRAW hereinafter collectively referred to as the "Company").

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Business Coordination and Tax Politics

Abstract

Business interests groups are crucial actors for tax policy-making, but it is still unclear under which conditions they are more successful than politicians in shaping taxation. This article argues that centralized coordination and high-levels of policy integration make business interest groups more influential in the tax policy-making process. If there is no ideological convergence between agenda-setters and business, highly centralized, and well integrated business interest groups are more successful in blocking or softening revenue-raising tax reforms, or simply transferring tax burdens to consumers or non-organized citizens. To evaluate this theoretical framework, I have compiled an original data set on business groups and associations for 18 countries in Latin America between 1990 and 2010. This theory uncovers a strong link between the patterns of business coordination and the feasibility of implementing distributive tax policies. This article also contributes to the study of business politics beyond the limited sample of developed countries

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The Commercial Monopoly in Sports Mega-Events

2.1 Introduction

These are challenging times for those who roam the corridors of power in the highest echelons of international sport, with some international sports federations (notably the two biggest players, the International Olympic Committee and FIFA) having experienced crises of governance and well-publicised allegations of corruption and mismanagement in the past decade or so. The Salt Lake City Olympic Games, of course, comes to mind. More recently we saw a widespread furore over bribes in the bidding for ‘Fair Play’-loving FIFA’s 2022 World Cup, which, after some FIFA officials were suspended clearly did not bother President Sepp Blatter too much. He subsequently responded to criticism of the organisation by saying that all FIFA’s ‘successes’ have created ‘a lot of envy and jealousy in our world because you cannot satisfy everybody’; ‘the success story of FIFA can continue because we are in a comfortable situation’ and ‘we have the power and the instruments to go against any attacks that are made’

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Comparison of Engine Power Correction Factors for Varying Atmospheric Conditions

This work evaluates proposed methods to correct engine power output as a function of atmospheric conditions. The analysis was made through experiments carried out in a vehicle on the road, under different temperature, pressure and air humidity conditions. The vehicle had a four-cylinder gasoline-fuelled engine, with multi-point fuel injection system, variable intake pipe length and variable intake valve camshaft position. The vehicle was tested at sea level and at 827 m above sea level, corresponding to atmospheric pressures between 1027 and 926 mbar. Air temperature varied from 22,8 to 33,8 °C at the test locations. The measured performance parameter in the tests was the vehicle acceleration time. The acceleration times from 0 to 400 m, 0 to 1000 m, 40 to 100 km/h and 80 to 120 km/h were all recorded, leaving from an initial vehicle speed of 40 km/h. The engine power curve obtained in laboratory under a standard ambient condition was corrected to the conditions of the road tests

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