降低价值

Specifically, we use a resource-based perspective to show that a decrease in the inimitability of an entrepreneurial firm's intellectual property does not necessarily diminish performance when piracy increases the value of this resource, and an information economics perspective to explain why and when imitation can increase the value of an intellectual property resource.

特别地，我们从资源基础观的视角解释了当盗版增加了这种资源的价值时，创业公司的知识产权可模仿性的降低并不一定会降低公司绩效；并从信息经济学的角度解释了为什么仿制可以增加知识产权资源的价值。

We have found that some natural ecosystem services value of Eucalyptus forest is less than that of montane rain forest by 85.82 million Yuan per year. And the decrease value is regarded as a part of natural input. Eucalyptus planting is a kind of mode to use natural resource, it will certainly bring much more economic and social services.

得出桉树人工林在自然生态服务功能方面比山地雨林降低的价值为0.8582亿元/年，我们认为其生态服务功能价值的降低是一种自然投入；发展桉树人工林是人类开发利用自然资源的一种方式，必然会产生强大的经济和社会服务功能。

By expanding the L-B model and integrating the impulsions into the model, we can conclude the different influeces to corporation value and debts level come from different impulsions:1 The change of demand——If the demand increases temperately, the corporation value also increases and the firm will increase its debts level, vice versa.2 The change of technology——New technology reduces products\' cost and improves the corporation value, the firm will increase debts level. 3 The unsymmetrical change of the firm\'s decision——The leader\'s corporation value increases and will increase its debts level, the follower is contrary.

对L—B模型进行扩展，将随机冲击的影响纳入模型，可以导出随机冲击对企业整体价值、负债水平产生的不同的影响：1市场需求变化——当市场需求温和上升时，企业整体价值上升，企业有增加负债的动力；温和下降时情况相反。2技术更替——技术更替降低了产品成本，提高了企业的整体价值，企业有增加负债的动力。3非对称的市场决策变化——领导企业的整体价值上升，有增加负债的动力；跟随企业则相反。

The analysis results for community species component and plant diversity showed that exclusion did change the species component and increase plant diversity remarkably, while the indicateor life-form structure, palatability analysis indicated that community for old exclusion is becoming perennity and unpalatability, whereas community for comparative exclusion is under stable non-equilibrium condition, in the view of vegetation coverage, mean height, biomass, palatability of plant composition, community for old exclusion has lower than new, comparative exclusion which proves partly that long-term exclusion can not increase grazing values for semi-arid rangeland.

对3种封育措施群落组成和生物多样性的分析结果表明，封育改变了群落的组成成分并增加了生物多样性，同时对群落植物的生活型、饲用价值分析计算结果则显示，老封育的群落植物逐渐向多年生发展，放牧价值开始降低，而对照区则明显处于一种非平衡的稳定状态。从3种措施植被的盖度、高度、生物量和饲用价值来看，老封育区均低于新封育区和对照区，表明长期封育不利于促进并提高草场的放牧利用价值。

It discusses the forming of the competitive advantage, cost advantage and diversity advantage of the enterprise under the management of the value chain, as well as the operation chain-the basis of the value chain. From the angle of the combination of funds flow, value flow and information flow, the article also researchs the cost of the enterprise operation and its motivation, which lay a foundation for the optimization of the operation chain and the reducement of the operation cost together with the realization of the optimization of the inner value chain of the enterprise.

本论文从企业竞争战略的视角，对企业竞争战略与企业价值链进行系统分析和深入研究，探讨价值链管理环境下企业竞争优势的形成，研究价值链环境下的企业成本优势和差异化优势，对构成价值链的基础——&作业链&进行分析；从资金流、价值流和信息流有机结合的系统观点，研究企业的作业成本，对企业成本动因从战略层面上进行分析，为优化企业&作业链&，降低作业成本，实现企业内部价值链优化奠定了基础。

The HRV decreasing was correlated tightly with the degree of coronary artery stegnosis and the quantity of coronary artery involved in CAD patients, it indicated that myocardial. ischemia was important cause for HRV decreasing, and CAD severity could be predicted possibly with the Lower HRV.

冠心病患者，心率变异降低不仅与冠脉狭窄严重度有关，而且与冠脉病变的广泛程度有关，提示心肌缺血是冠心病患者HRV降低的重要因素，HRV降低程度对冠心病严重度可能有预测价值。

The image of the company will be upgrade and the management efficiency will be heightened. And that the values of third party logistics are embodied through cost value, service value, dispersing risk value, improving competitive edge value, society value and so on. The value of third party logistics is origin from four parts, the first is that improves the efficiency, the second is that intergrades the client and achieves the increase of scale economy by degrees, the third is that intergrades the portrait and transy logistics and enhances the competitive advantage, the fourth is that expands the business of client and appreciates the value of supply chain.

第三方物流给企业带来了众多益处，其优势主要表现在：节省费用，降低成本，加速资本循环；提升企业形象；提高企业经营效率；而第三方物流价值则体现在成本价值、服务价值、风险分散价值、竞争力提升价值、社会价值等方面；第三方物流的价值来源主要为：一是提高运作效率，二是进行客户运作的整合，实现规模经济效益的递增，三是实现横向与纵向整合，提高竞争优势，四是通过发展客户的运作实现供应链的全方位增值。

The value that can be provided to an organization can be enhanced or diminished by the review that an auditor conducts of the organization's response to a nonconformity, as well as by the "close-out" process that is applied.

审核员发现不符合，开出不符合报告后，如何对待被审核方针对不符合报告所采取的行动加以评审，以及关闭所开出的不符合报告，通过这样的行动可以帮助组织提高价值，也有可能降低价值。

The value that can be provided to an organization can be enhanced or diminished by the review that an auditor conducts of the organization's response to a nonconformity, as well as by the "close-out" process that is applied.

审核员发现不符合，开出不符合报告后，如何对待组织针对不符合报告所采取的行动加以评审，以及关闭所开出的不符合报告，通过这样的行动可以帮助组织提高价值，也有可能降低价值。

Corporate market value that departures from intrinsic value influences managers behavior and thus holdbacks corporate value creation.

进而，本文采集中国上市公司数据，验证本文提出的有限理性对公司定价的影响机理，实证研究发现：1、中国证券市场上，投资者不能正确判断公司价值创造的效率，从而中国上市公司的市场价值严重脱离公司价值创造的实际情况，出现公司价值创造效率越低，市场对公司的价值预期反而越高的现象。2、背离了公司真实价值创造效率的市场对公司的价值预期强烈影响到公司经理人的投融资和经营行为，阻碍了公司下期的价值创造效率。3、在公司定价偏差对公司内在价值的反作用过程中，行为成本、代理成本和制度成本使经理人理性在现实中受到限制，从而经理人的有限理性行为妨碍并降低公司再投资效率，进而妨碍了公司价值创造效率，从而影响公司的内在价值和市场价值。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。