JVEs were reported not be able to fully recruit their staff from market because some of their staff were allocated by the partner state-owned enterprises upon signing the joint venture contracts.
One reason could be that the samples selected are biased, as JVEs interviewed mainly cooperate with large state-owned enterprises in the areas of electronics, hospitality (hotel), agricultural products where group wages dominate.
After achieving tremendous benefits in such a short period of time, JVE is already making plans for implementation of FashionManager PLM (Product Lifecycle Management) to streamline design and development processes and a rollout of the production and shipment collaboration tools to more than 50 vendors in Asia, Europe, and Latin America all in the second half of 2013.
Concurrent to the RLM implementation, JVE has also bolstered its IT infrastructure with major improvements to its desktop hardware, networking, and other systems; including deployment of the cloud-based Microsoft[R] Office 365[TM] Enterprise solution.
The JVE and WFOE of the foreign-funded enterprises contributed another 13 per cent and 5.
For the JVEs in particular, the proportion maintained steady at around 60 per cent.
The share of invention patent applications for the JVEs increased from 3.
In addition to the proposed exploration, development and mining of all minerals located on these respective properties, the Company and its proposed JVE Entities also have the exclusive right of exploration on an additional 2.
Similar to the terms of the Company's first joint venture agreement in China with the First Geological and Exploration Institute of Heilongjiang Province of China (March 31, 2004 news release), the Frame Agreement also envisions that Gold Enterprises will provide the Company with the complete geological database information relevant to the initial three JVE properties.
Pursuant to the terms of the Frame Agreement each JVE Entity will provide its respective mineral licenses to the JVE; the value of which will be determined by relevant authorities; while the Company will provide the necessary capital to the JVEs in order to explore and develop the same.
Each proposed JVE will have a Board of Directors consisting of five directors.
Development and experimental analysis of layered actuators, JVE
Journal of Vibroengineering 12(3): 333-339.