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1 – 10 of 10Zihao Jiang, Jiarong Shi and Zhiying Liu
Firms in emerging economies are generally at a disadvantage in terms of resources, which may limit their digital transformation. The Chinese government has designed and…
Abstract
Purpose
Firms in emerging economies are generally at a disadvantage in terms of resources, which may limit their digital transformation. The Chinese government has designed and promulgated a series of wind power policies from the perspectives of support and regulation. The former provides scarce resources for enterprises and thus alleviating financial constraints. While the latter increases the demands for advanced technologies, thereby triggering resource bricolages. This study aims to clarify the impact of industrial policy on the digital transformation of the Chinese wind power industry, and the role of financing constraint and resource bricolage in the above relationship.
Design/methodology/approach
Based on the data of listed companies in the Chinese wind power industry from 2006 to 2021, this study clarifies the impact and mechanism of industrial policy on firm digital transformation with fixed effect regression models.
Findings
Empirical results indicate that both supportive and regulatory policies are the cornerstone of the digital transformation of the Chinese wind power industry. Financial constraint and resource bricolage, respectively, mediate the impact of supportive and regulatory policies. However, the mix of supportive and regulatory policies inhibits digital transformation. Moreover, industrial policies are more effective for the digital transformation of state-owned enterprises, as well as enterprises in economically underdeveloped regions.
Research limitations/implications
This study investigates the path of government intervention driving firm digital transformation from the resource-related perspective (i.e. financial constraint and resource bricolage), and its analytical framework can be extended based on other theories. The combined effects of cross-sectoral policies (e.g. wind power policy and digital infrastructure policy) can be further assessed. The marginal net benefit of government intervention can be calculated to determine whether it is worthwhile.
Practical implications
This study emphasizes the necessity of government intervention in the digital transformation of enterprises in emerging economies. The governments should align the policy targets, clarify policy recipients and modify policy process of different categories of industrial policies to optimize the effectiveness of policy mix. Given that the effectiveness of government intervention varies among different categories of enterprises, the competent agencies should design and promulgate differentiated industrial policies based on the heterogeneity of firms to improve the effectiveness and efficiency of industrial policies.
Originality/value
This is one of the earliest explorations of industrial policies’ effect on the digital transformation of the renewable energy sector in emerging economies, providing new evidence for institutional theory. Meanwhile, this study introduces financial constraint and resource bricolage into the research framework and attempts to uncover the mechanism of industrial policy driving the digital transformation of enterprises in emerging economies. Besides, to expand the understanding of the complex industrial policy system, this study assesses the effectiveness of the industrial policy mix.
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Jingyang Zhou, Guangyuan Wang and Zhuo Diao
Industrial Internet Platform (IIP) integrates various new information technologies and forms an ecosystem around the platform. It promotes the optimization of resource elements…
Abstract
Purpose
Industrial Internet Platform (IIP) integrates various new information technologies and forms an ecosystem around the platform. It promotes the optimization of resource elements and the collaboration of industrial chains, driving traditional enterprises towards comprehensive Digital Transformation (DT). This research explores the mechanisms through which the Industrial Internet Platform enables the digital development of enterprises.
Design/methodology/approach
This study constructs an Industrial Internet Platform Ecosystem (IIPE) from an ecosystem perspective. Later, a systematic literature review was used to design a specific path for IIPE to enable enterprises' DT from the perspective of basic activities and organizational structure.
Findings
The results indicate that in IIPE there is a hierarchical structure in the enabling mechanism of IIP. Firstly, the IIPE enhances the digital capabilities of enterprises through the foundational activities of DT. Secondly, the IIPE promotes the adjustment in enterprise structure and strategic orientation for adapting to the DT.
Research limitations/implications
More and more enterprises enter the IIPE and grow together in the ecosystem. As a result, the overall level of digitalization of the industry can be enhanced and all enterprises realize the expected benefits of DT.
Originality/value
Existing research recognized the role of IIP in enterprise management or production processes, but the DT of enterprises is not a single aspect. This research elaborates the mechanism of comprehensive DT of enterprises from the perspective of ecosystems and discovers specific paths for DT.
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Zihao Jiang, Jiarong Shi and Zhiying Liu
Wind power is the most promising renewable energy source in China. The development of digital technologies has brought about unprecedented growth opportunities and prospects for…
Abstract
Purpose
Wind power is the most promising renewable energy source in China. The development of digital technologies has brought about unprecedented growth opportunities and prospects for wind power. However, the relationship between digital technology adoption and total factor productivity (TFP) in the wind power industry in China has not been empirically assessed. This study aims to clarify whether and how digital technology adoption affects the TFP of the wind power industry in China.
Design/methodology/approach
Based on the data of listed companies in the Chinese wind power industry from 2006 to 2021, this study proposes and verifies relevant hypotheses with two-way fixed effects regression models.
Findings
The empirical results indicate that digital technology adoption is the cornerstone of the TFP of China’s wind power industry. Reconfiguration capability and technological innovation serially mediate the above relationship. In addition, the incentive effect of digital technology adoption varies among wind power firms. The impact of digital technology adoption is more significant in firms that are old and located in economically undeveloped regions.
Originality/value
This study is one of the earliest attempts to investigate the relationship between digital technology adoption and TFP in the renewable energy sectors of emerging economies. By integrating dynamic capability theory and the analytical framework of “Capability-Behavior-Performance” into the digital context, this study offers the theoretical insights into how digital technology adoption can enhance organizational reconfiguration capability, thereby stimulating technological innovation and subsequent TFP. Additionally, the impacts of different digital technologies are estimated in entirety, rather than in isolation.
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Aimin Wang, Sadam Hussain and Jiying Yan
The purpose of this study is to conduct a thorough empirical investigation of the intricate relationship between urban housing sales prices and land supply prices in China, with…
Abstract
Purpose
The purpose of this study is to conduct a thorough empirical investigation of the intricate relationship between urban housing sales prices and land supply prices in China, with the aim of elucidating the underlying economic principles governing this dynamic interplay.
Design/methodology/approach
Using monthly data of China, the authors use the asymmetry nonlinear autoregressive distributed lag (NARDL) model to test for nonlinearity in the relationship between land supply price and urban housing prices.
Findings
The empirical results confirm the existence of an asymmetric relationship between land supply price and urban housing prices. The authors find that land supply price has a positive and statistically significant impact on urban housing prices when land supply is increasing. Policymakers should strive to strike a balance between safeguarding residents’ housing rights and maintaining market stability.
Research limitations/implications
Although the asymmetric effect of land supply price has been identified as a significant contributor in this study, it is important to note that the research primarily relies on time series data and focuses on analysis at the national level. Although time series data offer a macroscopic perspective of overall trends within a country, they fail to adequately showcase the structural variations among different cities.
Practical implications
To ensure a stable housing market and meet residents’ housing needs, policymakers must reexamine current land policies. Solely relying on restricting land supply to control housing prices may yield counterproductive results. Instead, increasing land supply could be a more viable option. By rationally adjusting land supply prices, the government can not only mitigate excessive growth in housing prices but also foster the healthy development of the housing market.
Originality/value
First, the authors have comprehensively evaluated the impact of land supply prices in China on urban housing sales prices, examining whether they play a facilitating or mitigating role in the fluctuation of these prices. Second, departing from traditional linear analytical frameworks, the authors have explored the possibility of a nonlinear relationship existing between land supply prices and urban housing sales prices in China. Finally, using an advanced NARDL model, the authors have delved deeper into the asymmetric effects of land supply prices on urban housing sales prices in China.
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This paper aims to assess the interaction between environmental challenges and policy interventions in shaping housing prices. It emphasises the need to understand how policy…
Abstract
Purpose
This paper aims to assess the interaction between environmental challenges and policy interventions in shaping housing prices. It emphasises the need to understand how policy interventions and environmental conditions can disproportionately affect housing affordability, population growth and building density, especially for vulnerable communities.
Design/methodology/approach
The study uses a panel quantile ARDL regression model to thoroughly investigate the asymmetric impact on a sample of 16 UK cities spanning the period 2000–2023.
Findings
The study reveals that pollution significantly impacts house prices, with cleaner areas experiencing faster price changes. Cleaner air pollution has a greater impact on property prices in cities with cleaner air. Climate policies and superior environmental technologies also influence consumer purchases. Addressing affordability has little short-term effect on house values, but building activity temporarily affects pricing. Investment in clean technology and climate action legislation may boost house prices and attract environmentally conscious individuals.
Practical implications
Based on these findings, policymakers seeking equitable and sustainable housing outcomes should consider these finding. It proposes evaluating city environmental features, eliminating environmental inequities, encouraging clean technology, balancing affordability and environmental concerns, monitoring and lowering pollutants and supporting sustainable building practices.
Originality/value
To the best of the author’s knowledge, this study is the first to analyse how environmental conditions, regulations on environmental action and demand-supply affect housing prices in 16 major UK cities. The connection between these factors is also examined in 8 cities with high and 8 cities with extremely low pollution. The research seeks to explore how environmental issues affect policy interventions to promote sustainable and equitable housing development. The asymmetric impact is examined using a panel quantile ARDL regression model. If property values are asymmetrical, the government should enforce severe environmental laws.
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Qianling Jiang, Jue Qian and Yong Zang
The rapid development and widespread application of artificial intelligence tools have raised concerns about how designers are embracing these technologies. This study…
Abstract
Purpose
The rapid development and widespread application of artificial intelligence tools have raised concerns about how designers are embracing these technologies. This study investigates the factors influencing designers' behavioral intention to use and disclose the use of generative artificial intelligence.
Design/methodology/approach
A quantitative research approach was employed, designing a structured questionnaire based on Self-Determination Theory to assess the impact of various psychological and social dimensions. The questionnaire included dimensions such as autonomy, competence, relatedness, social influence, value fit and social innovativeness. A Partial Least Squares Structural Equation Modeling analysis was conducted on 309 valid responses from diverse design fields.
Findings
Competence and relatedness are significant factors influencing designers' continuance intention to use generative artificial intelligence. Although autonomy does not significantly affect continuance intention, it plays a crucial role in the decision to disclose artificial intelligence participation. Social influence and value fit significantly shape autonomy, competence and relatedness, while the impact of social innovativeness is relatively limited.
Originality/value
This study clarifies the factors influencing designers' continuance intention and disclosure of generative artificial intelligence tools from both individual and social dimensions, enhancing the understanding of the relationship between designers and generative artificial intelligence tools. It provides valuable insights for the development of artificial intelligence technology and the future trends in the design industry, offering significant theoretical and practical value.
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Zongke Bao, Chengfang Wang, Nisreen Innab, Abir Mouldi, Tiziana Ciano and Ali Ahmadian
Our research explores the intricate behavior of low-carbon supply chain organizations in an ever-evolving landscape, emphasizing the profound implications of government-mandated…
Abstract
Purpose
Our research explores the intricate behavior of low-carbon supply chain organizations in an ever-evolving landscape, emphasizing the profound implications of government-mandated low-carbon policies and the growing low-carbon market. Central to our exploration is applying a combined game theory model, merging Evolutionary Game Theory (EGT) with the Shapley Value Cooperative Game Theory Approach (SVCGTA).
Design/methodology/approach
We establish a two-tier supply chain featuring retailers and manufacturers within this novel framework. We leverage an integrated approach, combining strategic Evolutionary Game Theory and Cooperative Game Theory, to conduct an in-depth analysis of four distinct low-carbon strategy combinations for retailers and manufacturers.
Findings
The implications of our findings transcend theoretical boundaries and resonate with a trinity of economic, environmental and societal interests. Our research goes beyond theoretical constructs to consider real-world impacts, including the influence of changes in government low-carbon policies, the dynamics of consumer sensitivities and the strategic calibration of retailer carbon financing incentives and subsidies on the identified ESS. Notably, our work highlights that governments can effectively incentivize organizations to reduce carbon emissions by adopting a more flexible approach, such as regulating carbon prices, rather than imposing rigid carbon caps.
Originality/value
Our comprehensive analysis reveals the emergence of an Evolutionary Stability Strategy (ESS) that evolves in sync with the phases of low-carbon technology development. During the initial stages, our research suggests that manufacturers or retailers adopt low-carbon behavior as the optimal approach.
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Abhishek Das and Mihir Narayan Mohanty
In time and accurate detection of cancer can save the life of the person affected. According to the World Health Organization (WHO), breast cancer occupies the most frequent…
Abstract
Purpose
In time and accurate detection of cancer can save the life of the person affected. According to the World Health Organization (WHO), breast cancer occupies the most frequent incidence among all the cancers whereas breast cancer takes fifth place in the case of mortality numbers. Out of many image processing techniques, certain works have focused on convolutional neural networks (CNNs) for processing these images. However, deep learning models are to be explored well.
Design/methodology/approach
In this work, multivariate statistics-based kernel principal component analysis (KPCA) is used for essential features. KPCA is simultaneously helpful for denoising the data. These features are processed through a heterogeneous ensemble model that consists of three base models. The base models comprise recurrent neural network (RNN), long short-term memory (LSTM) and gated recurrent unit (GRU). The outcomes of these base learners are fed to fuzzy adaptive resonance theory mapping (ARTMAP) model for decision making as the nodes are added to the F_2ˆa layer if the winning criteria are fulfilled that makes the ARTMAP model more robust.
Findings
The proposed model is verified using breast histopathology image dataset publicly available at Kaggle. The model provides 99.36% training accuracy and 98.72% validation accuracy. The proposed model utilizes data processing in all aspects, i.e. image denoising to reduce the data redundancy, training by ensemble learning to provide higher results than that of single models. The final classification by a fuzzy ARTMAP model that controls the number of nodes depending upon the performance makes robust accurate classification.
Research limitations/implications
Research in the field of medical applications is an ongoing method. More advanced algorithms are being developed for better classification. Still, the scope is there to design the models in terms of better performance, practicability and cost efficiency in the future. Also, the ensemble models may be chosen with different combinations and characteristics. Only signal instead of images may be verified for this proposed model. Experimental analysis shows the improved performance of the proposed model. This method needs to be verified using practical models. Also, the practical implementation will be carried out for its real-time performance and cost efficiency.
Originality/value
The proposed model is utilized for denoising and to reduce the data redundancy so that the feature selection is done using KPCA. Training and classification are performed using heterogeneous ensemble model designed using RNN, LSTM and GRU as base classifiers to provide higher results than that of single models. Use of adaptive fuzzy mapping model makes the final classification accurate. The effectiveness of combining these methods to a single model is analyzed in this work.
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Md Billal Hossain, Mujib Ur Rahman, Tomaž Čater and László Vasa
This study was inspired by research of strategists on strategic innovation (SI), aiming to provide a unique model to enhance the digitization of small and medium-sized enterprises…
Abstract
Purpose
This study was inspired by research of strategists on strategic innovation (SI), aiming to provide a unique model to enhance the digitization of small and medium-sized enterprises (SMEs) in Bangladesh to fill the gap toward a digital economy.
Design/methodology/approach
A survey was used to collect data from 180 SMEs in the manufacturing industry for this research. The results indicate that strategic innovativeness (SI), human capital (HC), infrastructure and technology and resistance to change significantly influence the digitalization in Bangladesh SMEs.
Findings
The link between SI and SMEs' digitalization in Bangladesh is mediated by HC. The results show that HC plays a big role in the connection between SI and the digitalization of SMEs. This study may be valuable for SMEs managers, researchers and policymakers in Bangladesh and other developing nations, who want to learn more about SI in adopting digitalization.
Originality/value
The specialized knowledge and abilities of strategists allow them to establish parallels between the past and present, enabling them to make a sustained forecast about the digital economy. This study encourages small and medium-sized businesses to develop their SI and advance their HC, which could further deject resistance to change toward enhancing and adopting digitalization in SMEs sectors.
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Mengying Zhang, Zhennan Yuan and Ningning Wang
We explore the driving forces behind the channel choices of the manufacturer and the platform by considering asymmetric selling cost and demand information.
Abstract
Purpose
We explore the driving forces behind the channel choices of the manufacturer and the platform by considering asymmetric selling cost and demand information.
Design/methodology/approach
This paper develops game-theoretical models to study different channel strategies for an E-commerce supply chain, in which a manufacturer distributes products through a platform that may operate in either the marketplace channel or the reseller channel.
Findings
Three primary models are built and analyzed. The comparison results show that the platform would share demand information in the reseller channel only if the service cost performance is relatively high. Besides, with an increasing selling cost, the equilibrium channel might shift from the marketplace to the reseller. With increasing information accuracy, the manufacturer tends to select the marketplace channel, while the platform tends to select the reseller channel if the service cost performance is low and tends to select the marketplace channel otherwise.
Practical implications
All these results have been numerically verified in the experiments. At last, we also resort to numerical study and find that as the service cost performance increases, the equilibrium channel may shift from the reseller channel to the marketplace channel. These results provide managerial guidance to online platforms and manufacturers regarding strategic decisions on channel management.
Originality/value
Although prior research has paid extensive attention to the driving forces behind the online channel choice between marketplace and reseller, there is at present few study considering the case where a manufacturer selling through an online platform faces a demand information disadvantage in the reseller channel and sales inefficiency in the marketplace channel. To fill this research gap, our work illustrates the interaction between demand information asymmetry and selling cost asymmetry to identify the equilibrium channel strategy and provides useful managerial guidelines for both online platforms and manufacturers.
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