Study On Technology Capital In Finance

This paper discusses technology capital, which can be interpreted as the prepaid value accumulated in the activities of production and operation. It originates from the technical elements and resources, and intends to increase the present value. Nowadays, in the severe market competition, the technical elements make greater contributions to enterprises, and technology capital is becoming the chief motive of fortune creating and value incrementing. This paper studies technology capital in a financial point of view, taking the case of Hisense's practice as an example.This paper consists of five sections. The first section introduces the background and the thesis of this paper. The second section reviews achievements in relevant research about technology capital. The third section formulates the paper's method and framework. The forth is the key part, analyzing technology capital in finance, based on Hisense's practice. The last section summarizes the thesis and points out the future research direction in this field.The conclusions, made from the analysis, can be generalized as following.1. Technology capital is a perfect conceptual framework for studying elements and resources arrangement. The technology capital, which is based on that research, mainly focuses on the interactions of every manufacture factors. By the utilization of technical capital, enterprises could organize their financial activities in a more efficient way, and obtain broader competitive advantages in the long run.2. The case of Hisense's practice is carefully researched in this paper. It is the group who takes the technology capital as its groundwork and motives, and through which, it grows at a high speed right now. Hisense insists on the notion of'Tech- nology is first'all the time, and pushes the innovation and capitalization of technology, building up a stable managerial system of progressing technology. With an efficient...