Cost of Capital and Value Without Circularity for Constant Growth Perpetuities

2010 ◽  
Author(s):  
Felipe Mejia-Pelaez ◽  
Ignacio Velez-Pareja
Author(s):  
Juan David ROLDAN ACEVEDO ◽  
Ida TELALBASIC

In recent history, different design approaches have been entering fields like management and strategy to improve product development and service delivery. Specifically, entrepreneurship has adopted a user-centric mindset in methodologies like the business canvas model and the value proposition canvas which increases the awareness of the users’ needs when developing solutions. What happens when a service design approach is used to understand the entrepreneurs’ experience through the creation of their startups? Recent literature suggests that entrepreneurial activity and success is conditioned by their local entrepreneurship ecosystem. This study investigates the Entrepreneurship Ecosystem of Medellín, Colombia - an ecosystem in constant growth but that lacks qualitative analysis. The sample consists of 12 entrepreneurs in early-stage phase. The data was gathered with two design research methods: Cultural Probes and Semi-structured interviews. The analysis of the information collected facilitated the development of 4 insights about the entrepreneurs and an experience map to visualise and interpret their journey to create a startup. The results of this study reflected the implications of the ecosystem, the explanation of the users’ perceptions and awareness and propose a set of ideas to the local government to improve the experience of undertaking a startup in Medellín.


The issues of determining the estimated cost of capital construction projects with the involvement of Federal budget funds at the stage of development of project documentation, during verification of the accuracy of determining the estimated cost and the initial (maximum) contract price are considered. On the basis of the assessment of amendments to urban planning legislation for the purpose of implementing a state contract by the contractor ( based on the results of competitive procedures or without competitive procedures by decision of state authorities), the procedure for forming the estimate as part of a state (municipal) contract, the price of which is firm, is presented. For the purpose of mutual settlements between the customer and the contractor for the work performed, the formation of primary accounting documentation, as well as for checking the work performed by regulatory authorities, an example of drawing up an estimate of the state (municipal) contract on the basis of grouping costs according to structural elements and complexes of work is given. The result of the research conducted was the development of regulations and the formation of criteria for their practical application by state bodies, institutions, organizations and other participants in the investment-construction process, as well as recipients of budget funds, who perform the functions of the state (municipal) customer, developer and technical customer.


1968 ◽  
Vol 24 (4) ◽  
pp. 113-116
Author(s):  
William C. Keefe

HortScience ◽  
1998 ◽  
Vol 33 (3) ◽  
pp. 543c-543
Author(s):  
Ami N. Erickson ◽  
Albert H. Markhart

Fruit yield reduction due to high temperatures has been widely observed in Solanaceous crops. Our past experiments have demonstrated that Capsicum annuum cultivars Ace and Bell Boy completely fail to produce fruit when grown at constant 33 °C. However, flowers are produced, continually. To determine which stages of flower development are sensitive to high temperatures, pepper buds, ranging in size from 1 mm to anthesis, were exposed to high temperatures for 6 hr, 48 hr, 5 days, or for the duration of the experiment. Fruit set for each bud size was determined. Exposure to high temperatures at anthesis and at the 2-mm size stage for 2 or more days significantly reduced fruit production. To determine whether inhibition of pollination, inhibition of fertilization, and/or injury to the female or male structures prevents fruit production at high temperatures, flowers from pepper cultivars Ace and Bell Boy were grown until flowers on the 8th or 9th node were 11 mm in length. Plants were divided between 25 °C and 33 °C constant growth chambers for 2 to 4 days until anthesis. At anthesis, flowers from both treatments were cross-pollinated in all combination, and crosses were equally divided between 33 or 25 °C growth chambers until fruit set or flowers abscised. All flower crosses resulted in 80% to 100% fruit set when post-pollination temperatures were 25 °C. However, post-pollination temperatures of 33 °C significantly reduced fruit production. Reduced fruit set by flowers exposed to high temperatures during anthesis and pollination is not a result of inviable pollen or ovule, but an inhibition of fertilization or initial fruit development.


Author(s):  
Ignacio Velez-Pareja ◽  
Joseph Tham
Keyword(s):  

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