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      • Open Access Article

        1 - Identify and evaluate the impact of tax incentives on investment in South Khorasan Province
        Sedigheh Sadat Shafiei ali banihashemi
        One of the major factory in improvement and receiving a favorable investment in every area, is identifying investment potentials of the area and creating the conditions for the correct use of the facilities that are available. The main objective of this study was to inv More
        One of the major factory in improvement and receiving a favorable investment in every area, is identifying investment potentials of the area and creating the conditions for the correct use of the facilities that are available. The main objective of this study was to investigate the impact of tax incentives on investment in Southern Khorasan Province. The research method is descriptive - survey. Two hypotheses were put forward to realize the objectives of the study , and data were collected using a questionnaire. SPSS software was used for data analysis. The univariant t test statistical method was used to investigate the hypotheses. The results of this study indicate that there is a significant relationship between tax incentives and investment in the region in other words, investors are agree with such incentives and consider them necessary. But incentives alone are not enough and a long-term investment requires opportunities and additional support. Manuscript profile
      • Open Access Article

        2 - Contracts of Build, Operate and Transfer in Free Trade of Iran
        reza nik khah sarnaghi Mehdi  Sheidaei Gourchin Qaleh
        Build – operate – Transfers (B.O.T.) contract is a contract in which one part of the contract (Investee government) gives the right of construction and operation of an infrastructural project to a consortium including several private entities. In this contract, after co More
        Build – operate – Transfers (B.O.T.) contract is a contract in which one part of the contract (Investee government) gives the right of construction and operation of an infrastructural project to a consortium including several private entities. In this contract, after constructing and operating the project, the consortium is obliged to transfer the project to the investee government after a specific time. Different governments especially in the underdeveloped countries consider this contract as an effective tool in attracting foreign investment in order to get an effective management to run infrastructural projects. In order to succeed in this method, the investee government should provide legal, economical and political sect for the private investors. In the Iranian legal system, the only existing rule is the rule of encouraging and supporting foreign investors legislated in 2002 in the Expediency Discernment Council in which this contract is briefly briefed. Due to the particular position of the free industrial and commercial zones, this kind of contract can be advantageous for the government in Iran in order to attract foreign investment and have access to the modern technologies. This study attempts to determine the motivations in using B.O.T. contract and the role of such a contract in attracting foreign investment. Besides, in this article attempts have been made in order to investigate the dispossessions of the international investors as well as the ways of solving their problems.. Manuscript profile
      • Open Access Article

        3 - Investigating the Ethical System in the Arbitration of Foreign Investment
        Habibullah  Brahui Moghadam Mohammad  Abouata Hamid  Masjed Serai
        As national laws and regulations have been established for the purpose of resolving and resolving disputes between the corporate entities, governments have been created. In international relations, there has also been an imperfect, even incomplete, regulation of dispute More
        As national laws and regulations have been established for the purpose of resolving and resolving disputes between the corporate entities, governments have been created. In international relations, there has also been an imperfect, even incomplete, regulation of disputes between individuals and individuals, including a country and an international organization and a company that has been subject to these disputes. International trade was adopted as the latest and most important legislative change in Iran in the field of arbitration, mainly aimed at promoting arbitration and harmony with the international legal system. Foreign investment is one of the areas that has been heavily influenced by international arbitration, and the first step in this direction is to create a proper legal system for balancing and balancing through the application of financial mechanisms and the establishment of appropriate rules and regulations, Provide guarantees to investors. Therefore, in this research, the frameworks and ways of resolving disputes between foreign investors and governments are discussed at the time of the occurrence of the dispute. Manuscript profile
      • Open Access Article

        4 - Possibility of third party entry in international investment dispute for protection of human rights
        Mohsen Abdollahi Nafiseh Shakeri
        International investment law and substantive and procedural rules for dispute settlement through arbitration mechanism is under experience and evaluation. Theoretical reasoning and procedure play an important role in this process. One of the issues raised in this field More
        International investment law and substantive and procedural rules for dispute settlement through arbitration mechanism is under experience and evaluation. Theoretical reasoning and procedure play an important role in this process. One of the issues raised in this field of law is the possibility of considering international human rights as part of the governing law, and consequently considering human rights obligations for both contracting parties of the investment agreement. Given that human rights commitments often do not meet the economic interests of both parties, they are likely to be ignored and neglected. Therefore, it is necessary to discuss how to monitor the human rights act of international investment parties. One solution to meet this need is to pay attention to the oversight exercised those who are outside the investment contract or the third party to the contract. In this study, considering the theoretical and procedural justifications, the present conditions of the possibility of a third party entry into an investment dispute is examined from a human rights standpoint Manuscript profile
      • Open Access Article

        5 - Risk and Return Evaluation of Information Technology Projects by Real Option and Mean-Variance Theory Perspective
        Hosein Rezaei Dolat abadi Samaneh Amir Boshli
        The selection of appropriate technology projects has been one of the most significant business challenges of the last decade. Nevertheless, Information technology projects represent the largest capital expenditure items for most firms, but many projects have been unsucc More
        The selection of appropriate technology projects has been one of the most significant business challenges of the last decade. Nevertheless, Information technology projects represent the largest capital expenditure items for most firms, but many projects have been unsuccessful. Because of the importance of such investments, there is a need for a scientific framework to analyze them. This paper analyses and uses Real Options and Mean-Variance theory for risk and return analysis, and ranking the information technology investment projects. These two models offer a simple, but comprehensive method for managers to evaluate potential information technology projects. Manuscript profile
      • Open Access Article

        6 - Identifying and prioritizing the barriers of "technology transfer through foreign direct investment" in the petrochemical industry
        seid rokn oldin mortazavinejad fariba nazari
        The present study aimed to identify and prioritize the barriers to technology transfer through attracting foreign direct investment in the country's petrochemical industry. This research is in terms of its purpose in terms of exploratory approach and exploratory studies More
        The present study aimed to identify and prioritize the barriers to technology transfer through attracting foreign direct investment in the country's petrochemical industry. This research is in terms of its purpose in terms of exploratory approach and exploratory studies. The statistical population of the present study was management and academic experts in the petrochemical industry, whose shared point of control was full knowledge of the industry. It should be noted that in the process of selecting this expert group, the "judgment sampling" method was used. Accordingly, a group of 35 experts was selected and contributed to the research. The main tools for collecting data in this research were questionnaires designed for different purposes and distributed among the statistical population. It should be noted that the first questionnaire was designed with the aim of identifying barriers and redesigned. The second questionnaire was screened and categorized identified barriers in a closed way based on the Likert five-point spectrum. Finally, a third questionnaire with the aim of determining the weights and rank of each The obstacles and paired comparisons were designed. After distributing and collecting data, the necessary analyzes were done through the software SSS, MATLAB and Excel. In this process, analyzes such as t-test (t), Kolmogorov-Smirnov test, exploratory factor analysis, and fuzzy hierarchical process analysis process were performed. The research results identified 3 main obstacles (host country barriers, guest barriers, technology barriers) and 20 barriers and ranked them. Manuscript profile
      • Open Access Article

        7 - شناسایی موانع پیش روی سرمایه¬گذاری با تاکید بر واگذاری اراضی دولتی(مطالعه موردی نیروگاه¬های خورشیدی و مقیاس کوچک در استان کرمان)
        naeemeh hoseinjani
      • Open Access Article

        8 - The Relationship between Return on Investment Markets and the Banking Industry with Markov Regime Approach
        Seyed Amir Mehdi Hashemi Abbas  Memarnejad Mohammad Khodaei ValeZaghrad اصغر ابوالحسنی
        The effects of overflow and contagion among the financial markets due to the relevance and sensitivity of investment to economic and non-economic events has been of great importance in studies of financial literature in recent decades. The present study also examines th More
        The effects of overflow and contagion among the financial markets due to the relevance and sensitivity of investment to economic and non-economic events has been of great importance in studies of financial literature in recent decades. The present study also examines the effects of overflow among the foreign exchange markets, gold, stock exchange, industrial production index, oil, global base metals index, housing and banking sector. In this sense, a multivariate model based on semi-Markov chains was presented to describe the final returns of financial markets, .investment risk measurement and portfolio optimization through combining it with Markov's model eventually. The results showed that there are overflow effects among the investment markets in Iran and these effects are asymmetric considering the results of the estimation. In other words, it can be stated that the investment markets in Iran, due to the importance of investment portfolio and the impact of economic and non-economic events, have asymmetric effects on each other in overflow fluctuations and the net effects of overflow and the impact can be obtained by their outcome. Manuscript profile
      • Open Access Article

        9 - رابطه سرریز شبکه ای بازدهي بازارهای مالی و صنعت بانکداری از طریق رویکرد رژیم مارکوف
        Abbas  Memarnejad
      • Open Access Article

        10 - Optimizing Investment in Life Insurance Based on Goal Programming
        Seyed Farhang Hoseini reza raei Ghadir Mahdavi
        Investment management in life insurance is very important because of its specific features. Unlike other insurance policies, life insurance is long-term and focused mainly on return on investment. Also, due to the 85% participation of insurers in the surplus of intere More
        Investment management in life insurance is very important because of its specific features. Unlike other insurance policies, life insurance is long-term and focused mainly on return on investment. Also, due to the 85% participation of insurers in the surplus of interest, the surplus in a period has little income for the insurance company,but the insurance company has a guaranteed return on the deficit. In addition, high return is one of the main factors of insurance companies competition in marketing. Also, insurance companies need to make sure they have enough liquidity to fulfill their obligations. Despite the fundamental differences between life insurance and property and liability insurance, No 60 Central Insurance Regulations do not differentiate between the investment of the above insurance reserves. In this study, we designed a portfolio optimization model for life insurance investments. Accordingly, the Markov Switching Vector Auto Regressive based on ideal optimization with contrasting goals set with the actual performance of the company. Optimization has been made in the portfolio of life insurance based on Moalem Insurance Company from 2012 to 2016. Investment weights have been implemented by simulating the Markov Switching VAR model with optimization objectives including maximizing insurance returns, minimizing shortfall, maximizing policyholder returns and minimizing liquidity shortages. Based on the results, the ideal planning optimization model produces more returns than the actual returns of the insurance and performs better in other objectives. As a result, this approach can be used to optimize life insurance investment portfolios in insurance companies. Manuscript profile
      • Open Access Article

        11 - Influence of competition intensity on the performance components of the organization in the metal industry
        Javad Naseri Mostafa  Mobalighi
        The purpose of this study was to investigate the effect of competition intensity on the performance components of the organization (investment and financial dimension, customer, internal process and learning) in the metal industry. The research method is descriptive-sur More
        The purpose of this study was to investigate the effect of competition intensity on the performance components of the organization (investment and financial dimension, customer, internal process and learning) in the metal industry. The research method is descriptive-survey and is applied in terms of purpose. From 230 senior managers in the field of metal industry in East Azerbaijan province, using Cochran's formula, a sample of 144 people was randomly taken from this community. The research tool was a questionnaire and in order to check the validity and reliability of the questionnaire, in content validity by asking experts and in assessing the validity of the structure, factor analysis of research variables was used. Cronback alpha for all questionnaire questions was 0.902, which confirms the high reliability of the questionnaire. Kolmogorovw-Smirnov test was used to distribute the data and the results showed that all factors in the sample followed the normal distribution. To analyze the hypotheses, regression test was used and SPSS software was used to analyze and process the research data. According to the research findings, the intensity of competition affects the financial dimension, customer dimension, internal processes dimension and the organization's learning processes dimension. The results of regression tables showed that the intensity of competition has the greatest impact on the customer dimension of the organization. Manuscript profile
      • Open Access Article

        12 - Science in the next 75 years, guidelines for Iran
        reza mansouri
        Science, along with research and technology, is part of the activities of human societies in which government management and planning play a key role. Government planning, whether annual or multi-year, is based on a long-term vision. The 75-year-old vision was recently More
        Science, along with research and technology, is part of the activities of human societies in which government management and planning play a key role. Government planning, whether annual or multi-year, is based on a long-term vision. The 75-year-old vision was recently released in the United States, which will undoubtedly affect world science. The perspective of science in Iran in upstream documents is very weak or dependent on global growth.We need to have a clearer perspective on the needs of the country in its unique historical context. In this article, I will discuss the history of government planning in science and its roots in Iran during the Ghazan Khan era, to the recent world era, which is the beginning of a serious government planning for science in the world. I will also elaborate on a recent US document outlining a 75-year vision. Finally, I would like to give a basic reflection on how Iran draws its own scientific and research perspective. Manuscript profile
      • Open Access Article

        13 - Factors affecting investment in tourism sample regions of Tehran province (Case study of sample tourism regions of Shemiranat city)
        hamid Reza Zargham Broujeni Mahmood  Ziaee saeid anbarestani
        Tourism regions are among the most important resources for the development of the tourism industry. The status of Tehran province’s tourism regions shows that while twenty-nine tourism regions have been designated in the province, none of them are operationalized. There More
        Tourism regions are among the most important resources for the development of the tourism industry. The status of Tehran province’s tourism regions shows that while twenty-nine tourism regions have been designated in the province, none of them are operationalized. Therefore, considering the significance of investment in such regions, this study sought to identify the factors involved in promoting and/or hindering investments in tourism regions of the province (those located in Shemiranat city). To this end, the required data for this applied survey study were collected via a questionnaire. According to the results of the study, the factors mentioned above could be divided into four categories: “policy and regulations”, “preparatory studies”, “financial support”, and “knowledge promotion and capacity building”. In this regard, the highest mean among the inhibiting factors belonged to the disharmony between executive bodies, lack of regulations regarding the time required for the issuance of relevant permits by the competent authorities and organizations, the risk of inflation, and lack of well-trained managers and employees. As for the success factors, the highest mean was related to factors such as submitting the management of tourism regions to qualified people, the necessity of conducting comprehensive risk studies before deciding to hand over the project, creating support and development funds to provide sustainable resources for granting loans and facilities and fostering cooperation between the local community and investors. Manuscript profile
      • Open Access Article

        14 - Designing a Model for Effective Strategic Factors in Attracting Investors to the Tourism Industry Using a Mixed-Method Approach
        Arash Farhoudi Seyyed Mahmoud  Shabgoo Monsef Ali Gholipour Soleymani
        As the goals outlined in the Iranian Strategic Tourism Development Policy Document cannot be realized without attracting financial resources, this study sought to design a model for effective strategic factors in attracting investors to the tourism industry in Ardabil More
        As the goals outlined in the Iranian Strategic Tourism Development Policy Document cannot be realized without attracting financial resources, this study sought to design a model for effective strategic factors in attracting investors to the tourism industry in Ardabil province using the mixed-method approach. The population of the study at the qualitative phase comprised managers and officials of the Directorate General for Cultural Heritage, Handicrafts, and Tourism of the province, potential and real professionals and investors in tourism, and university experts with at least five years of experience in tourism management, investment, and marketing. The sample size of the study was selected through purposive sampling. To collect the required data, semi-structured interviews were conducted with the participants of the study until theoretical saturation was achieved in the twenty-fifth interview. The collected data were then analyzed via systematic grounded theory using open, axial, and selective coding. Accordingly, fifty-four concepts, eighteen sub-categories, and seven main categories were found after the integration and classification of concepts. Based on the proposed model of the study, the investors’ tendency to invest in tourism, tourism environment, and investment attraction management, the quality of tourism infrastructure, social factors prevailing over the region, supportive measures, and strengthening the position of tourism were identified as the core category, causal conditions, contextual conditions, intervening conditions, strategy, and the result of the implementation of strategies, respectively. In the quantitative phase, a questionnaire was developed by the researchers based on the identified components. Then, the questionnaire was administered to 220 investors and experts in the field of tourism. The collected data were then analyzed through the Smart PLS Software using structural equation modeling. Finally, the validity and correlation among the model’s variables were reconfirmed. Manuscript profile