investment

Open Access Article

1 - A Model for impacts of Investment in IT on customer satisfaction, using Structural Equation Modeling and Path Analysis
jafar bagherinejad behtaj rasouli

In a research, that this paper reflects its results, a model for stating the relationship between investment in IT and customer satisfaction was developed. This study starts with extensive literature review on investment in IT and customer satisfaction. Then, a conceptu More

In a research, that this paper reflects its results, a model for stating the relationship between investment in IT and customer satisfaction was developed. This study starts with extensive literature review on investment in IT and customer satisfaction. Then, a conceptual model with four criteria (including Economic, educational, diffusion of ICT and telecommunication) and one latent variable (indicator of customer satisfaction) were designed. This model’s primary validity was approved through expert opinion. Then, in a field study in the organization under study, the required data have been gathered for testing functional approval of the model. In the next stage of research, by using SEM techniques and interactive regression equation in the form of path analysis and using the software like SPSS and LISREL , we concentrated the factors of relationship between latent variable and observed variables. The finding of the research shows direct relationship between economic and educational factors of IT investment on customer satisfaction. Manuscript profile

Open Access Article

2 - 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

3 - Explanation and application of the principle of non-discrimination in B-group contracts

Public-private partnerships are one of the main forms of financing and implementing infrastructure projects in developing countries. Contracts (Group B) are one of the most successful and effective contracts in this field, which has led to the significant growth of thes More

Public-private partnerships are one of the main forms of financing and implementing infrastructure projects in developing countries. Contracts (Group B) are one of the most successful and effective contracts in this field, which has led to the significant growth of these contracts and has led to the formulation of rules and regulations governing their implementation and enforcement by governments. In fact, the current framework for the classification of contracts in the form of a eBay contract. She. T is engineered and engineered according to their needs and the legal principles are not respected. Therefore, the current classification has several major disadvantages, including disregard for the nature of contracts, disregard for the principles of contracts, and disregard for the principles of division in law. Careful examination of these contracts shows that some of these contracts are so different from the BWT contract that they cannot be classified as a BWT contract and the proper division of these contracts into a B group. And the subgroup of Group B contracts. She and Dee. Bi. Is Manuscript profile

Open Access Article

4 - Policies and Alternatives of the inclusion and increase of enforcement of Human Rights Obligations in New Generation of Bilateral Investment Treaties
Mohsen Abdollahi Nafiseh Shakeri

Bilateral Investment Treaties as one of the most common instruments of the conclusion of foreign investment treaties, particularly in recent years has played an important role in establishment and development of foreign investment in-between the states. Considering deve More

Bilateral Investment Treaties as one of the most common instruments of the conclusion of foreign investment treaties, particularly in recent years has played an important role in establishment and development of foreign investment in-between the states. Considering developing flow of significance of human rights obligations and its corresponding activities specially since 2016, together with conclusion of certain bilateral investment treaties towards this trend and as the role of New Generation bilateral treaties in determination and consolidation of Human Rights obligations became more apparent, a survey regarding different aspects of this role and terms of its development will be of great advantage and necessity that in this article has been tried to dealt with Manuscript profile

Open Access Article

5 - 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

6 - The Effects of Technology Spillover Resulted from Foreign Direct Investment on the Industry Performance
Abolfazll Shahabadi Seyed Arash Valinia Zahra Ansari

According to many economists, since the multinational enterprises entering the host economy have relatively more modern technologies than domestic firms, developing countries can reduce their technological gap through FDI inflow channel. It should be noted that the tech More

According to many economists, since the multinational enterprises entering the host economy have relatively more modern technologies than domestic firms, developing countries can reduce their technological gap through FDI inflow channel. It should be noted that the technology spillover of foreign investors is a function of domestic capacity for absorbing these technological spillovers. Considering the determining role of industry sector in the world economy, the goal of present study is to investigate the spillover effects of foreign investment from technological perspective, on the performance of industry sector of Iran during 1995-2009 years, in form of development plans. The results of the study show that during the second development plan a considerable correlation did not exist among improving the human capital (as the absorption capacity criteria), absorbing the foreign investment, spillover effects, and the industry sector performance. While in the third development plan, the mentioned correlations were significant. The reasons for the above mentioned significant correlations are as follows: policy requirements of the third plan about improving the research and development in macro-level of the economy, passing new laws of protecting and spreading the foreign direct investment in 2002. It is worth noting that while the above mentioned correlations had improved during the fourth development plan compared to the second plan, it shows weaker performance in comparison with the third plan. As a result, it should be noted that the mentioned correlations in industry sector were not significant during 1995-2002 years. Manuscript profile

Open Access Article

7 - Relationship between flow of foreign direct investment and innovation of Iran in comparison with prospective documented countries
Abolfazll Shahabadi Nima Nilofarforoushan

In the present era, innovation as a necessity for sustainable economic growth and development, improvement of living standards and economic prosperity of people has been considered by economic experts. On the other hand, the development of innovation in each country req More

In the present era, innovation as a necessity for sustainable economic growth and development, improvement of living standards and economic prosperity of people has been considered by economic experts. On the other hand, the development of innovation in each country requires a capital formation to secure the necessary financing. All countries, developing ones in particular, can through flow of foreign direct investments attract financial resources and transfer of technology to create a platform for innovation to grow and thrive. Therefore considering the important role of innovation and foreign direct investment in increasing the competitive strength, this study investigates the relationship between foreign direct investments and innovative visions in Iran’s economy compared to outlook of documented countries during the period between 1995 and 2008. The results of experimental studies indicate the existence of a two-way relationship between foreign direct investment and innovation in these countries. Amongst these countries, Turkey, Iran and Saudi Arabia have been most successful in attracting foreign direct investment and in the development of innovative components, while Yemen and Tajikistan have shown the weakest performance with respect to attracting the same. Moreover, based on the results, the status of the documented countries in terms of innovation and direct investment indicators is not satisfactory compared to the rest of the world. This may be attributed to problems of absorption capacity, inconsistencies between macro-economic policies, education and research policies, and…. Manuscript profile

Open Access Article

8 - Factors Affecting Technology Transfer Process through Foreign Direct Investment (FDI) in Plastic Industry
Farhad Shah miri Seyed reza Salami

Technology transfer is a multi-dimensional phenomenon which has been discussed from scientific, economic and political views not only in developing countries but also in western research institutions for many years. For diminishing the technological gap among advanced a More

Technology transfer is a multi-dimensional phenomenon which has been discussed from scientific, economic and political views not only in developing countries but also in western research institutions for many years. For diminishing the technological gap among advanced and less-developed countries, technology transfer (TT) is a must. TT ,depending on the situation of transferor and transferee, is done through different means. Importing products with high technology, tapping foreign technology, and employing international work force are among the most important methods for TT. Among these and the other general methods for doing so, Foreign Direct Investment (FDI) which is usually used by multinational companies, is the main method to access the advanced technologies in industrial countries. FDI usually consists of 3 main elements namely capital, management and technology. All these three elements in order to achieve advancement in developing countries are needed. In this article, having studied the technology transfer and FDI literature and problems of the plastic industry in Iran, 40 affecting variables in 2 main categories were identified. First category known as specialized variables, consists of 8 variables and the other encompasses 32 variables known as general variables. Above-mentioned variables were accommodated in a questionnaire. These questionnaires were distributed among 3 main groups which were active in TT and FDI. These three groups are activist in plastic industry, TT experts and experts in Organization for Investment, Economic & Technical Assistance of Iran. After analyzing the collected data, using exploratory factor analysis technique, 13 main factors were recognized after studying the related literature. Manuscript profile

Open Access Article

9 - The Effect of IT Investments on Customer Satisfaction
Behtaj Rasoli Poshte Jafar Bagheri Nejad

Almost two trillion dollars in the world are capital and expenditure in the field of information technology projects annually. It's been more than a decade that researchers have discussed business value of information technology investment. Also plenty of investment has More

Almost two trillion dollars in the world are capital and expenditure in the field of information technology projects annually. It's been more than a decade that researchers have discussed business value of information technology investment. Also plenty of investment has been spent to satisfy the customer and shopping experience in fields which are related to information technology. For example, firms have experienced low investment of information technology such as the Internet Services providers and high investment of information technology such as comprehensive information systems for the implementing and enforcing human resources planning. This article is a result of research on information technology and intends to review information technology investments and technologies such as Customer Relationship Management and determine its impact on customer satisfaction. Comparative analysis of findings showed that there is a direct relationship between information technology investment of organizations and customer satisfaction in wide-scale. Manuscript profile

Open Access Article

10 - A Survey of Intellectual Property Rights on Foreign Direct Investment in D8- Countries
Mohammad Hasan Fotros Abolfazl Najarzadeh Abadi

Intellectual property rights have a prominent role in long-term economic growth of the countries. In recent years International institutions such as WTO (World Trade Organization) and World Intellectual Property Organization (WIPO) have suggested to their member countr More

Intellectual property rights have a prominent role in long-term economic growth of the countries. In recent years International institutions such as WTO (World Trade Organization) and World Intellectual Property Organization (WIPO) have suggested to their member countries the provision and the fortification of these rights. The existing gap between developed and developing countries in the field of property rights systems is also a distinguishing factor that affects the level of foreign direct investment and the flow of private international capitals. The present article by an index analysis of the data within the period of 1985-2005 of D8 countries investigates and compares the role of intellectual property rights on the foreign direct investment in these countries. The main question is that whether the protection of intellectual rights has a positive effect on foreign direct investment in the D8 group countries or not. The results of this survey indicate that the relationship between intellectual property rights and foreign direct investment varies according to the infrastructural capacities and the level of development of these countries. Manuscript profile

Open Access Article

11 - Knowledge Management and Economic Aspects
Gholamreza Malekzadeh

One of the most important challenges in acceptance and implementing Knowledge management philosophy in knowledge based and technological organizations is to answer some questions such as :“what is the rate of Return on investment (ROI)?” , “how we can calculate it?” and More

One of the most important challenges in acceptance and implementing Knowledge management philosophy in knowledge based and technological organizations is to answer some questions such as :“what is the rate of Return on investment (ROI)?” , “how we can calculate it?” and “What are consultant and education costs for establishing new managerial and organizational structures?” In this article some of financial aspects of Knowledge management including ROI calculations and time value of knowledge will be discussed. Also costs of establishing and developing information infrastructures, overhead costs, tangible and intangible costs and assets and investing methods in new technologies will be considered. Manuscript profile

Open Access Article

12 - An Optimized Structure for VC Investment Companies
Amir Erfanian Saeed Shirazi

This article seeks to browse among history, role, significance as well as economic function of venture capitals. To this end, it is endeavored to consider venture capital concept with a comprehensive and full detailed view. Therefore, in order to clarify the concept of More

This article seeks to browse among history, role, significance as well as economic function of venture capitals. To this end, it is endeavored to consider venture capital concept with a comprehensive and full detailed view. Therefore, in order to clarify the concept of venture capitals, we have assumed a lot of related key words. Yet, due to abundance of related key words and based on this fact that many of them have convergence with each other, therefore, an objective of this paper is to elaborate the mentioned terms. It is worth mentioning that necessity, significance and the role of such investments in economy and especially in investment scopes, have also been surveyed in this article. As a matter of fact, entrepreneurs are one of the main elements of every venture capital; therefore, we have tried to give enough information about their roles in this regard. Anyhow, this article plans to provide a proposed structure for carrying out venture capitals by investment companies, which is applicable domestically. For this reason, we have provided related records of global venture capital companies along with domestic ones. Based on previous propounded subjects, final part of the article is allocated to introduction of a feasible proposed structure for carrying out venture capitalism by investment companies. According to the accomplished studies, all of domestic venture capital companies have been established by the government, which their number does not exceed the fingers of a hand. Thus, shortage of these companies is obviously felt in domestic financial market and as before mentioned; lack of a feasible structure to do such investments is a main reason for this vacancy. Manuscript profile

Open Access Article

13 - Effects of Technology Spillover and Internal Research & Development (R&D) on Growth of Total Factor Productivity (TFP) in Iran's Oil and Gas Sector
tayyebeh pourmandbakhshayesh Behzad Salmani mohammadmehdi bargioskooi

10.52547/jstpi.20794.16.64.72

The economy consists of several sections, and the performance of each sector plays a private part in the progress of the economy. The oil and gas sector, as one of the economic sectors in Iran, plays an important and undeniable role due to the main source of government More

The economy consists of several sections, and the performance of each sector plays a private part in the progress of the economy. The oil and gas sector, as one of the economic sectors in Iran, plays an important and undeniable role due to the main source of government revenue. Therefore, checking the performance of this sector can be important for the economic development of the country. The study of total factor productivity is one of the ways to examine the performance of sectors, which indicates the optimal growth of the economy of that sector. Therefore, this study investigates the effect of Technology Spillover and Research and Development (R&D) on growth of Total Factor Productivity (TFP) of the oil and gas sector in Iran for the period (1394-1394). Important factors of Technology Spillover include Foreign Direct Investment (FDI) and imports of capital goods and intermediates. Accumulation internal Research and Development (R&D) and human capital also are considered as internal impact factors. The results proved that foreign direct investment, and the imports of capital goods, and intermediates as important channels of technology spillover have a positive influence on growth of total factor productivity (TFP) of the oil and gas sector in Iran. The results also highlight a positive impact of human capital. By contrast, results of our estimation show a negative impact of R&D on growth of total factor productivity (TFP) of the oil and gas sector in Iran. Manuscript profile

Open Access Article

14 - Identifying and prioritizing the barriers of "technology transfer through foreign direct investment" in the petrochemical industry
seid rokn oldin mortazavinejad fariba nazari

10.52547/jstpi.20845.17.67.1

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

15 - The Moderating Role of Meaning at Work in the relationship between Self Leadership with Affective Capital and Affective-Collective Investment
Maryam Rostam Pour Mohsen Golparvar

The meaning at work through impact on individual and work goals has a significant impact on the relationship between different variables in work environments. This research was conducted with the aim of determining the moderating role of meaning at work on the relations More

The meaning at work through impact on individual and work goals has a significant impact on the relationship between different variables in work environments. This research was conducted with the aim of determining the moderating role of meaning at work on the relationship between self-leadership with affective capital and affective-collective investment. Research statistical population was the employees of Saderat bank in Isfahan city. Among them, 243 employees were selected using convenience sampling. Research instruments were self-leadership questionnaire (Houghton et al, 2012), meaning at work questionnaire (Steger et al, 2012), affective capital questionnaire (Golparvar, 2017) and affective-collective investment questionnaire (Golparvar, 2018). Data were analyzed with the use of Pearson correlation coefficient and hierarchical regression analysis. Results revealed that there is positive significant relationship between self-leadership with meaning at work, affective capital and affective-collective investment. Results of hierarchical regression analysis indicated that meaning at work moderates the relationship between self-leadership with affective capital and affective-collective investment. This means that when meaning at work is high, there is a positive significant relationship between self-leadership with affective capital and affective-collective investment (p<0.01), but when meaning at work is low, there is not a significant relationship between self-leadership with affective capital and affective-collective investment (p¬>0.05). The results show that meaning at work have high power to impact the relationship between self-leadership with affective capital and affective-collective investment Manuscript profile

Open Access Article

16 - The Moderating Role of Meaning at Work in the Relationship between Self Leadership with Affective Capital and Affective-Collective Investment
Mohsen Golparvar Maryam Rostampour

This research was conducted with the aim of determining the moderating role of meaning at work on the relationship between self-leadership with affective capital and affective-collective investment. Research statistical population was the employees of Saderat bank in Is More

This research was conducted with the aim of determining the moderating role of meaning at work on the relationship between self-leadership with affective capital and affective-collective investment. Research statistical population was the employees of Saderat bank in Isfahan city. Among them, 243 employees were selected using convenience the sampling method and responded to Self-Leadership Scale, Meaning at Work Scale, Affective Capital Scale, and Affective-Collective Investment Scale. Data analyzed with the use of Pearson correlation coefficient and hierarchical regression analysis. Results revealed that there was a positive significant relationship between self-leadership and meaning at work, affective capital and affective-collective investment. The results of hierarchical regression analysis indicated that meaning at work moderated the relationship between self-leadership and affective capital and affective-collective investment. This means that when meaning at work is high, there is a positive and significant relationship between self-leadership and affective capital and affective-collective investment (p<0.01), but when meaning at work is low, there is not a significant relationship between self-leadership and affective capital and affective-collective investment (p>0.05). The results showed that meaning at work had high power to impact the relationship between self-leadership and affective capital and affective-collective investment. Manuscript profile

Open Access Article

17 - The Political Economy of Investment in Non-Productive Sectors of Iran
دکتر سیداحسان خاندوزی

The productiveness and flexibility of production against impulses is a prerequisite for the resilience of the Iranian economy. On the other hand, the realization of investment in manufacturing sectors depends more on the political economy of Iran than macroeconomic vari More

The productiveness and flexibility of production against impulses is a prerequisite for the resilience of the Iranian economy. On the other hand, the realization of investment in manufacturing sectors depends more on the political economy of Iran than macroeconomic variable. In the current context of the Iranian economy, interest groups, by expanding the immortal sectors, impede the directing of capital to productive sectors. The phenomenon such as the instability of the industrial development strategy, the role of the interest groups in the immature sectors, and the failure to take policy tools to reduce the unproductive sector's returns has led to the institutionalization of the patient's political economy in the country. In this paper, the effects of political economy on investment in order to realize the strength of the economy are examined and some suggested strategies are proposed to exit from the current situation in order to boost investment in productive sectors Manuscript profile

Open Access Article

18 - 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

19 - Consideration of Strategic Investments with Option Games under Incomplete Information
عبدالله آراسته

In focused تحقیق و توسعه markets, research projects are directed furtively, and contenders know almost no about the advancement of opponents. How a firm decides to apply its working choices passes on data to market members, among these its rivals. The real options exe More

In focused تحقیق و توسعه markets, research projects are directed furtively, and contenders know almost no about the advancement of opponents. How a firm decides to apply its working choices passes on data to market members, among these its rivals. The real options exercise technique is an essential data transmission component. Pariahs find out about the absence of activity by contenders and can fuse it into their guesses about the rivals' sort. This endeavor to gain from contenders’ activities will specifically influence the harmony exercise methodologies. In this paper we expand a model to consider finite horizon real option games under incomplete information with various parameters. In incomplete information games firms’ actions express significant information about profitability to contestants. The encapsulation of this information proposed original blocks in models with strategic interactions. This is because of circularity where best exercise decisions are based on previous decisions taken, which at a given time are quiet to be mentioned because about the dynamic programming principle. We expand an extended version of the Least Squares Monte Carlo algorithm to confront these results. The model can aid in understanding the relation between strategic optionality and information besides how this influences the best decision policy and its value results. We find the informational feature is of great significance for firms’ best decision policy and optimization of project values Manuscript profile

Open Access Article

20 - Comparison of Traditional DEA Approaches to Portfolio Selection by a New Proposed Algorithm with a Case Study of Stock Selection in Tehran Stock Exchange

Abstract Portfolio selection is one of the most important areas in financial decision-making; A portfolio of stocks that could bring the highest rate of return and the lowest risk investment for its owner simultaneously. However in choosing the most prefered portfolio More

Abstract Portfolio selection is one of the most important areas in financial decision-making; A portfolio of stocks that could bring the highest rate of return and the lowest risk investment for its owner simultaneously. However in choosing the most prefered portfolio just these factors are not decisive and according to the economic environment, many factors can affect this process which should be employed. Therefore, these diversity of factors, bring to the limelight the importance of multi-criteria decision-making approaches. Data Envelopment Analysis (DEA) is one of this approaches. The main purpose of this paper is comparing the traditional DEA approaches to a new proposed algorithm. In traditional approaches simply assumed that return to scale is constant or variable. This simplification may cause large errors. In the new algorithm by analyzing the behavior of return to scale, appropriate model will be used. As a case study, the models have been solved with real data belonging to Tehran stock exchange and the results have been analyzed. Manuscript profile

Open Access Article

21 - Analysis of the effect of production and investment types in selected Organisation of Islamic Cooperation countries
elham niknejad Homayoun Ranjbar hosein sharifirenani

Investment is one of the important components of the production function of the most economical country, and this is one of the main reasons for the economic development of each country. In the general case, the investment is divided into internal and external divisions More

Investment is one of the important components of the production function of the most economical country, and this is one of the main reasons for the economic development of each country. In the general case, the investment is divided into internal and external divisions, which domestic investment include public investment and private investment. Considering the role and place of trade, growth and investment, the nonlinear relationship between public and private investment is expanded in this research, and then the interaction between public investment, private investment and foreign direct investment in 45 OIC countries is analyzed. Therefore, the factors influencing the country's economic growth including public investment, private investment, foreign direct investment, and the degree of trade openness have been reviewed during the period (1997-1997). The method used in this research is the static panel data method in the form of Generalized method of moments (GMM).The results indicate that public investment, private investment, foreign direct investment, the degree of trade openness, and the population growth have been effective and meaningful in improving the country's economic growth, and is estimated at a level of 0.507%. Manuscript profile

Open Access Article

22 - Estimation of the Required Capital Investment in Mobile Telephony Network's Equipments Based on Cobb-Douglas Demand Forecasting Model
A. Jahanbeigi M. E. Kalantari

The goal of this paper is to estimate the capital investment in mobile telephony network's equipments, by using Cobb-Douglas model to forecast the number of subscribers for the next years in the country. Then by presenting a master plan for Base Station Subsystem (BSS) More

The goal of this paper is to estimate the capital investment in mobile telephony network's equipments, by using Cobb-Douglas model to forecast the number of subscribers for the next years in the country. Then by presenting a master plan for Base Station Subsystem (BSS) and Network Switching Subsystem (NSS) parts of the network, the required equipments and also the capital investment amounts are estimated. In the BSS plan, the number of Base Transceiver Stations (BTS) with various configurations and also Base Station Controllers (BSC) with different capacities and required accessories (such as tower, antenna, feeder, power supply and transmission equipments between BTSs and BSCs) are determined. In the NSS plan, an architecture is proposed for network's traffic (including signaling). The routing plan and required interfaces with Public Switched Telephone Network (PSTN) and Public Data Network (PDN) are also presented and the capacity of network's nodes and E1 links are determined. Based on the mentioned plan and also the typical cost of different equipments, offered by domestic and foreign vendors, the capital investment of 26.7 trillion Rials seems to be necessary to increase the penetration rate from 12.4% to 48.4% in mobile telephony network. Manuscript profile

Open Access Article

23 - Analysis of Long-Term Dynamics of a Power Market due to Bounded Rationality of Investors Decisions under Different Market Designs
E. Khorram H. Seifi Mohammad Kazem Sheikh El Eslami

In this paper, the long-term dynamics of an electricity market due to bounded rationality in investment decision is analyzed under different market designs, including energy only market (EO), market with operating reserve pricing (OR), market with fixed capacity payment More

In this paper, the long-term dynamics of an electricity market due to bounded rationality in investment decision is analyzed under different market designs, including energy only market (EO), market with operating reserve pricing (OR), market with fixed capacity payment (FCP) and demand curve-based capacity market (DC). System dynamics (SD) method is used to analyze the behavior. Also, the equilibrium path is determined for comparison purposes. The results indicate that the different market designs have very different dynamics and it is possible to mitigate power market dynamics by selecting proper market design. Manuscript profile

Open Access Article

24 - Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P.O.G.C)
Frouz Nouri Saeid Safaee Movahed Hamideh Bafandeh

10.52547/istd.7.24.0

Training and development advisors and experts are working hard today to gain a position for training procedures as equal as other organizational procedures. This effort has turned into a huge challenge for such practitioners. Under such circumstances, return-of-investme More

Training and development advisors and experts are working hard today to gain a position for training procedures as equal as other organizational procedures. This effort has turned into a huge challenge for such practitioners. Under such circumstances, return-of-investment can be deemed both as an opportunity (if carried out properly) and a threat (if implemented improperly). Some believe that such an approach can help us integrate training into other mainstream procedures. Anyway, it is believed that formulating and conceptualizing such a strategy is a brave enterprise which needs to be managed reasonably.This paper aims at estimating the return-of-investment rate for project management training programs at Pars Oil and Gas Company (POGC). To analyze data, AHP strategy is used through Expert Choice software. The final rate was calculated as %59976. The calculated ROI sounds logically reasonable and indicates that the training program has been effective in essence. Manuscript profile

Open Access Article

25 - Designing a Land of Opportunities pattern to form Small and Medium Enterprises: With emphasis on Causal conditions and central phenomenon
محمدرضا رخیده esmaeil Malekakhlagh

purpose: The aim of this study is to understand the nature and factors that shape the land of opportunities in small and medium enterprises. Methodology: The method used in the research is a mixed-method and a combination of quantitative and qualitative methods. The qua More

purpose: The aim of this study is to understand the nature and factors that shape the land of opportunities in small and medium enterprises. Methodology: The method used in the research is a mixed-method and a combination of quantitative and qualitative methods. The qualitative part is done using "Grounded theory" and the quantitative part is done using "structural equation modeling". Necessary data were collected through interviews with academic experts, managers, and consultants of small and medium industries in city rasht. The tool for collecting information in the qualitative section is semi-structured interviews. The text analysis of the interviews was performed in three stages of open, axial, and selective coding. And In a quantitative part, Using a researcher-made questionnaire, Its validity and reliability were examined. Finding: Using the codes extracted from the text of the interviews and extracting the codes using the software maxqda 18; Number 353 open coding 28 axial coding, and finally 9 selective coding were extracted. Among these, the dimensions of the land of talent, the land of the market, the land of professional management, the land of finance and investment (central phenomenon), the land of innovation, the land of professional policymaking, the land of democracy, the land of social development and the land of expectations were identified as causal conditions. Conclusion: According to the research findings in the qualitative section (extracted codes), by confirming the relationship between dimensions and the variables "land of opportunities" and "structural equation model" which was Manuscript profile

Open Access Article

26 - 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

27 - 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

28 - 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

10.61186/journalitor.36064.11.24.109

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

29 - Investigating the Factors Involved in Feasibility Studies of Tourism Development in Kermanshah Province: A Local Community Perspective
Mohammad Ali Feizpour Habib Ansari samani zahra naseri

10.61186/journalitor.36202.11.23.1

Considering the dependence of tourism on its host community and thus the interdependence of tourists and local residents, it could be argued that the culture and viewpoints of the local people may influence tourism activities. Therefore, the local community must be acti More

Considering the dependence of tourism on its host community and thus the interdependence of tourists and local residents, it could be argued that the culture and viewpoints of the local people may influence tourism activities. Therefore, the local community must be actively involved in the development process to ensure the success of feasibility studies, proper assessment of investments made in tourism, and the extension of tourism projects’ lifespan. In this regard, this study sought to perform a feasibility analysis of tourism activities, focusing on running a coffee shop in a representative tourist destination in Kermanshah Province, Iran. To this end, the tourism development project during the years 2019-2023 was examined in terms of financial and economic assessments, and the evaluation of its effects from the viewpoint of the local community. The financial and economic data were collected from the Statistical Center of Iran, and the data concerning the evaluation of the project’s effects from the local community’s perspective were gathered through a questionnaire. The results of the financial and economic feasibility study indicated that setting up the coffee shop was financially and economically viable and justified. On the other hand, the evaluation of the local residents’ viewpoint in this regard revealed that tourism could contribute to economic prosperity, the introduction of the region to others, feeling the sense of pride by the local people, and the restoration and reconstruction of historical buildings. This study attempted to identify the factors involved in the feasibility study of tourism and assess the local community's viewpoint regarding the effects of tourism. The findings of the study suggested that financial and economic feasibility studies along with an evaluation of the effects of tourism could contribute to the success of investment projects. Manuscript profile

Open Access Article

30 - Modifying social impact assessment to enhance the effectiveness of company social investment strategies in contributing to local community development
Frank Vanclay Ilya Gulakov Jos Arts sh n

Good practice social impact assessment (SIA) should lead to improved local community development outcomes. However, the social benefits alleged to flow from projects are often not as evident to affected communities as the project’s adverse impacts. Projects still give i More

Good practice social impact assessment (SIA) should lead to improved local community development outcomes. However, the social benefits alleged to flow from projects are often not as evident to affected communities as the project’s adverse impacts. Projects still give inadequate attention to social issues and fail to achieve social development outcomes. Using a prominent gas project in Russia, the Nord Stream 2 project, as an illustrative example, we explore the potential of environmental and social impact assessment (ESIA) to enhance the effectiveness of project contributions to local community development. We analyse the main steps of the community development process for the Nord Stream 2 project, and consider how it benefitted from the SIA process. We also reflect on the potential further contribution of SIA to community development. Even though SIA and community development are interrelated, we conclude that SIA, as currently practiced, is constrained in its ability to contribute to community development outcomes. Adjustments to the SIA and corporate social investment frameworks are needed to make them more effective in achieving social development outcomes. Manuscript profile

Open Access Article

31 - 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

Open Access Article

32 - Identifying and Ranking Negotiable Items with Startups from Venture Capitalists' Perspective
Rahi Zandifar DANIAL DANA

10.61186/jstpi.39469.19.76.1

Venture capital is a tool for funding innovative and knowledge-based companies. The degree of importance that venture capitalists place on negotiable items is one of the challenges associated with this type of investment. Furthermore, investors' flexibility is a crucial More

Venture capital is a tool for funding innovative and knowledge-based companies. The degree of importance that venture capitalists place on negotiable items is one of the challenges associated with this type of investment. Furthermore, investors' flexibility is a crucial component of the VC investment process. The purpose of this research was to identify and rank what venture capitalists consider negotiable with startups. For this purpose, the negotiable items were identified through a literature review and then the validity of the questionnaires was evaluated and approved by experts. Consequently, the data of 26 experts in the field of the venture capital industry in Iran is collected through two questionnaires on a 5-point Likert scale. Reliability was determined using Cronbach's alpha. Therefore, the research method was a descriptive survey based on the nature and data collection, and in terms of purpose, it was a practical development. Finally, the data were analyzed and ranked using multi-criteria decision-making algorithm (Shannon’s entropy and TOPSIS) based on the degree of importance and flexibility attributes. According to the findings of this study, these negotiable items fell into the descending order based on two criteria including importance and flexibility: preferred stock, board control (control rights), pro-rata rights, investment amount, valuation, performance indicator, liquidation preference rights, ownership stake, information rights, vesting, anti-dilution rights, tag-along rights, drag-along rights, option pool, dividends, participation rights, pay to play provisions and redemption rights (repurchase rights). Manuscript profile

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