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The purpose of this paper is to outline the strategic challenges for creating knowledge‐based innovation in China.
Abstract
Purpose
The purpose of this paper is to outline the strategic challenges for creating knowledge‐based innovation in China.
Design/methodology/approach
The paper outlines the context of innovation in China and describes the triple helix model of knowledge‐based innovation.
Findings
China's re‐emergence as a major power in the world economy points to the needs of integrating China into the global innovation networks. However, there are a number of challenges facing Chinese firms, academics, government agencies and policy makers.
Originality/value
The paper gives notice of launch in 2009 of the Journal of Knowledge‐based Innovation in China which will address the innovation challenges facing China in the transition from a planned to a market‐driven economy in the twenty‐first century. The new journal will provide a platform for the development of new ideas and research on knowledge‐based innovation.
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Lucy Wenxiang Lu and Martin Edward Taylor
The purpose of this paper is to study the relationships among environmental performance (EP), environmental disclosure (ED), and financial performance (FP) (three corporate…
Abstract
Purpose
The purpose of this paper is to study the relationships among environmental performance (EP), environmental disclosure (ED), and financial performance (FP) (three corporate constructs) using data from Newsweek’s green rankings.
Design/methodology/approach
Previous studies document mixed results about the relations among the three constructs. A firm’s overall management strategy may affect the three constructs simultaneously; therefore, the interrelationships among EP, ED, and FP were jointly examined. A simultaneous equations approach was used to test the hypothesis.
Findings
The three-stage least square (3SLS) estimation results show a negative relationship between EP and FP and a positive relationship between EP and ED, suggesting that financially successful firms are less likely good environmental performers but green firms are more likely to disclose their EP.
Research limitations/implications
Since the sample firms examined in this study are US large-size companies, the results found in this paper may not apply to small- and/or medium-size firms or to companies in other countries.
Practical implications
Three corporate constructs are jointly correlated with each one. A firm’s overall strategic plan on environmental engagement is likely reflected in how it engages in each of the constructs that affect costs and benefits. Sustainable efforts, in short term, may put firms at risk. Companies may need to take a long-term perspective when cutting costs is curtailed.
Originality/value
The research contributes to the ED and EP literature by using a 3SLS simultaneous equation method and analyzing a more recent and comprehensive multi-industry data. By controlling industry effect, the research investigates the interrelationships among three corporate constructs and finds interesting results. An interpretation and discussion are provided.
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This research paper attempts to address the strategic challenges of developing knowledge‐based innovation (KBI) in China through the analysis of the triple helix (TH) innovation…
Abstract
Purpose
This research paper attempts to address the strategic challenges of developing knowledge‐based innovation (KBI) in China through the analysis of the triple helix (TH) innovation networks between university, government and industry in China. In so doing, the TH model is adopted as an analytical framework to investigate the format and operations of knowledge networks within university, government and industry during the economic transitions in China.
Design/methodology/approach
The paper incorporates field observation, interviews with senior government officials, desk research on various government policy document as well as critical review of the existing literature related to KBI and the TH model in order to build up the strategic overview of the current state of KBI in China.
Findings
Based on the critical literature review and interviews, it is identified that the formation and operation of knowledge production system in China on the one hand reflects the three dimensions within TH model: normative control (government), wealth generation (industry) and novelty production (university and public research institutions), on the other hand highlights dynamic institutional interactions and transformational processes in creating the knowledge economy. The key factors that have an effect on the inter‐institutional relations and evolutions of different knowledge functions within the TH innovation networks, have also been identified and manifested in the proposed theoretical framework of the knowledge production system in China.
Originality/value
The originality of the paper rests in addressing the strategic implications of TH innovation model for developing KBI in China, and highlighting the challenges facing both policy makers and innovation managers in terms of managing the organizational and institutional changes during the process of knowledge creation.
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The purpose of this paper is to present a strategic framework of successful knowledge transfer through the development of university‐industry interactions in China.
Abstract
Purpose
The purpose of this paper is to present a strategic framework of successful knowledge transfer through the development of university‐industry interactions in China.
Design/methodology/approach
The research is designed based on a single case study with qualitative analysis. Data were collected through documentary analysis, semi‐structured interviews and participated observations of the commercialization project within Tsinghua University (China), which is one of the world leading research universities in science and technological innovation.
Findings
Four modes of university‐industry interactions during the process of knowledge transfer have been identified, which contribute to the success of knowledge transfer at different stages of university‐industry relations. They are: university‐dependent low sticky interaction; university‐dependent high sticky interaction; mutual‐dependent high sticky interaction; mutual‐dependent low sticky interaction. In addition, the development of entrepreneurial spirit within the university and the implementation of Professors of Practice have also been recognized as vital for building and maintaining effective university‐industry interactions.
Originality/value
The distinctiveness of this paper lies in contributing to the existing theories of knowledge transfer between university and industry by identifying the specific modes of interactions that contribute to the success of knowledge transfer between university and industry. The findings also have important implications for government policy makers, university academics and business practitioners for designing and implementing knowledge‐base innovation strategies and creating sustainable competitive advantages through successful knowledge transfer between university and industry. This may enable policy‐makers to understand the complexity and dynamics involved in the process of technology commercialization and take into account the importance of the institutional arrangement and appropriate incentive system in supporting effective knowledge transfer and commercialization.
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This paper sets out to review the literature of technology strategy, competitive advantage and sustainability of international business, in particular, the contribution that the…
Abstract
Purpose
This paper sets out to review the literature of technology strategy, competitive advantage and sustainability of international business, in particular, the contribution that the enactment of technology strategy can make toward the effective implementation of business sustainability in the post-recession. It examines what kind of role technology strategy plays in Chinese business and how business sustainability could be leveraged through the implementation of appropriate technology strategy. This paper attempts to address various crucial issues in the establishment of a proper technology strategy for the sustainability of the business in the global market place based upon case study of five vanguard Chinese companies.
Design/methodology/approach
This exploratory study primarily adapts a qualitative multiple-case-study method which attempts to understand how Chinese firms perceive the role of technology strategy in their business, to capture the practical terms and concepts underpinning technology strategy and sustainability, and to allow us to have an analysis of the relationship between technology strategy and sustainability of business. Finally, ten propositions concerning “technology strategy and sustainability of business” are to be developed and verified along the theoretical development of the paper and examination of five cases. The nature of the study results that the paper applies qualitative method with a multiple-case-study approach, including Geely, Haier, TCL, Huawei and Lenovo.
Findings
This paper addresses the crucial issues – management of technology as basic function in international business and the close relationship between technology strategy and business sustainability. It showcases the Chinese business paradigm from “imitation to innovation” of how Chinese hi-tech firms built their core competence. This study provides fresh insights for multinational companies in creating competitive advantage through designing an appropriate technology strategy.
Originality/value
Theoretically this research fills the gap of an area of technology management which has been rarely touched. This will have strong implication not only to Chinese companies but also non-Chinese multinational companies.
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This paper seeks to clarify the process that leads employees and prospective applicants to be attracted to remain with the organization or apply for a job offer in private…
Abstract
Purpose
This paper seeks to clarify the process that leads employees and prospective applicants to be attracted to remain with the organization or apply for a job offer in private companies in Zhejiang, China.
Design/methodology/approach
The paper applies concepts from marketing to people management, particularly the concept of brand equity. It proposes, on the basis of a literature review and preliminary interview data in three private companies in Hangzhou, Zhejiang, that prospective applicants and employees evaluate job offers or organizational positions based both on organizational attractiveness (OA) and on employee‐based brand equity (EBBE) perceptions. It then presents a model of the relationship between OA and EBBE for future research in China, proposing the particular importance of the dimensions “economic value”, “development value” and “social value” for Chinese employees. It then suggests implications for future research and practice, especially the relationship between OA and EBBE for both Chinese employees, job seekers and applicants.
Findings
The private economy is significant to China, accounting for 65 per cent of gross domestic product (GDP) and 56 per cent of total tax revenue. For Zhejiang, a private economy‐dominated province, talent recruitment and turnover are problems that hinder future development. OA and EBE may play a key role in intentions to accept a job offer, and as a mediator and a key variable in the initial recruitment.
Research limitations/implications
The paper draws on preliminary interview studies in China to propose a framework for future research to clarify the role of OA and EBBE in Chinese job choice intentions and behaviours.
Practical implications
Recruitment messages and internal branding communications should focus on EBBE so as to influence OA perceptions and job intentions in China. Social, economic and development value are suggested as particularly important dimensions of EBBE in China.
Originality/value
The study clarifies the role of OA and EBBE in the process that leads to the intention to apply, respond to job offers, and remain with the organization, and discusses implications for further research and practice in China.
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Teh Pei‐Lee and Yong Chen‐Chen
The purpose of this paper is to examine the first three dimensions of the triple helix model. The focus of this paper is to study and develop a model for the role and functions…
Abstract
Purpose
The purpose of this paper is to examine the first three dimensions of the triple helix model. The focus of this paper is to study and develop a model for the role and functions performed by a university to nurture undergraduate student technopreneur development.
Design/methodology/approach
This study provides a comprehensive understanding of the process of the technopreneurship program undertaken by Multimedia University (MMU) in 1999‐2005. The analysis is based on the self‐administered questionnaires, qualitative interviews, internal documents, web sites and direct observation. Electronic questionnaires are e‐mailed to 24 founders of start‐ups to explore their views on the entrepreneurial support structures in MMU.
Findings
The success of MMU in undertaking the technopreneurship programs is the result of the organization structure, management's policies and priorities which are concentrated on creating and sustaining the necessary support structures to foster undergraduate student entrepreneurial activities.
Practical implications
A very interesting and useful information and impartial for new university planning to establish a culture of new enterprise creation within a university. It should be noted that though this is a study of various aspects of the success of MMU in undertaking technopreneurship programs, however, this will have an implication of how triple helix strategic model can be implemented in China.
Originality/value
Many universities have focused more on linkages of entrepreneurship and commercial‐valued research involving academic staff and postgraduate students rather than undergraduate student entrepreneurship. It is believed that MMU is one of the few entrepreneurial universities which focuses on undergraduate students, who, from enrollment to graduation, are offered constant encouragement, training and support for their efforts to conceive and start up business enterprises. This paper is intended to share the experiences of MMU in fostering and supporting undergraduate student technopreneurship programs in a triple helix model. This paper is intended to share the experiences of MMU in fostering and supporting undergraduate student technopreneurship programs in a triple helix model with readers in China and out of China who have interest on the effective implementation of the university ‐ government ‐ industry strategic partnership.
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