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1 – 10 of 133Panjun Gao, Yong Qi, Hongye Zhao and Xing Li
The purpose of this study is to address the critical need for patent value evaluation within patent management, particularly in the context of the digital economy. Recognizing the…
Abstract
Purpose
The purpose of this study is to address the critical need for patent value evaluation within patent management, particularly in the context of the digital economy. Recognizing the importance of utilizing historical data, this research aims to uncover effective methodologies that enhance the appraisal of patent value, which is vital for informed decision-making in the management of scientific and technological advancements.
Design/methodology/approach
This study introduces a comprehensive evaluation model by analyzing various factors that influence patent value. An index system is constructed that integrates technical, economic and legal aspects to facilitate a nuanced assessment of patents. The methodological core of this research is the development of an XGBoost patent value appraisal model, which incorporates Bayesian optimization to refine the evaluation process. The model’s validity is tested through empirical analysis of patents in the rapidly evolving sector of cloud computing.
Findings
The empirical results demonstrate that the XGBoost model, strengthened by Bayesian optimization, outperforms traditional categorization techniques. The proposed model shows superior performance in terms of accuracy, precision, recall rate and operational feasibility. These findings indicate a significant improvement in the precision of patent potential and value assessments, leading to more reliable and actionable insights for patent management.
Originality/value
This study introduces a novel patent evaluation model that combines XGBoost with Bayesian optimization. XGBoost enhances performance by integrating weak learners, ideal for complex, nonlinear problems like patent valuation. Bayesian optimization refines hyperparameters efficiently using prior distributions and known results. Its practical implications for patent management and technology exploration are substantial, offering a new tool for strategic decision-making.
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Jianbo Song, Wencheng Cao and Yuan George Shan
This study uses data from the Chinese banking sector to explore the relationship between green credit and risk-taking in commercial banks. It also examines whether the level of…
Abstract
Purpose
This study uses data from the Chinese banking sector to explore the relationship between green credit and risk-taking in commercial banks. It also examines whether the level of regional green development acts as a moderator regarding this relationship.
Design/methodology/approach
Using a dataset composed of annual observations from 57 Chinese commercial banks between 2008 and 2021, this study employs both piecewise and curvilinear models.
Findings
Our results indicate that when the scale of green credit is low (<0.164), it increases the risk-taking of commercial banks. Conversely, when the scale of green credit is high (>0.164), it reduces the risk-taking of commercial banks. Moreover, this nonlinear relationship impact exhibits bank heterogeneity. Furthermore, the results show that the level of regional green development and local government policy support negatively moderate the relationship between green credit and commercial bank risk-taking. Furthermore, we find that green credit can directly enhance the net interest margin of commercial banks.
Originality/value
This study is the first to provide evidence of a nonlinear relationship between green credit and risk-taking in commercial banks, and it identifies the significant roles of regional green development level and local government policy support in the Chinese context.
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This study aims to investigate the impact of market competitiveness on investment efficiency, and the moderating role of ownership and regulatory structures.
Abstract
Purpose
This study aims to investigate the impact of market competitiveness on investment efficiency, and the moderating role of ownership and regulatory structures.
Design/methodology/approach
In this study, the Herfindahl–Hirschman Index (HHI), Lerner Index (LI) and industry-adjusted Lerner Index (LIIA) were used to measure market competitiveness. The research population consisted of companies listed on Tehran Stock Exchange (TSE). Using a systematic elimination, 199 companies were selected within eight years during 2014–2021.
Findings
The results showed that market competitiveness (based on the LI, LIIA and HHI) positively affected investment efficiency. Moreover, institutional ownership and managerial ownership affected the relationship between market competitiveness (based on all proxies of market competitiveness) and investment efficiency. Blockholders’ ownership also moderated the relationship between market competitiveness (based on LIIA and HHI) and investment efficiency. The hypothesis testing had robustness based on additional analyses.
Originality/value
In recent years, competitive environment and the ownership structure of companies have changed to a certain degree, paving the way for the private sector to enter many areas of activity especially in emerging Asian markets. Moreover, investment drivers and investment efficiency in developed markets may not be generalized to emerging Asian markets. Therefore, the present findings can show the significance of this research to fill the existing gap in the literature and provide insights into ownership and regulatory structures as a governance mechanism in market competitiveness and investment efficiency.
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Linghuan Li, Shibin Sun, Ronghua Zhuang, Bing Zhang, Zeyu Li and Jianying Yu
This study aims to develop a polymer cement-based waterproof coating with self-healing capability to efficiently and intelligently solve the building leakage caused by cracking of…
Abstract
Purpose
This study aims to develop a polymer cement-based waterproof coating with self-healing capability to efficiently and intelligently solve the building leakage caused by cracking of waterproof materials, along with excellent durability to prolong its service life.
Design/methodology/approach
Ion chelators are introduced into the composite system based on ethylene vinyl acetate copolymer emulsion and ordinary Portland cement to prepare self-healing polymer cement-based waterproof coating. Hydration, microstructure, wettability, mechanical properties, durability, self-healing performance and self-healing products of polymer cement-based waterproof coating with ion chelator are investigated systematically. Meanwhile, the chemical composition of self-healing products in the crack was examined.
Findings
The results showed that ion chelators could motivate the hydration of C2S and C3S, as well as the formation of hydration products (C-S-H gel) of the waterproof coating to improve its compactness. Compared with the control group, the waterproof coating with ion chelator had more excellent water resistance, alkali resistance, thermal and UV aging resistance. When the dosage of ion chelator was 2%, after 28 days of curing, cracks with a width of 0.29 mm in waterproof coating could fully heal and cracks with a width of 0.50 mm could achieve a self-healing efficiency of 72%. Furthermore, the results reveal that the self-healing product in the crack was calcite crystalline CaCO3.
Originality/value
A novel ion chelator was introduced into the composite coating system to endow it with excellent self-healing ability to prolong its service life. It has huge application potential in the field of building waterproofing.
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Hongya Niu, Chunmiao Wu, Xinyi Ma, Xiaoteng Ji, Yuting Tian and Jinxi Wang
This study aims to better understand the morphological characteristics of single particle and the health risk characteristics of heavy metals in PM2.5 in different functional…
Abstract
Purpose
This study aims to better understand the morphological characteristics of single particle and the health risk characteristics of heavy metals in PM2.5 in different functional areas of Handan City.
Design/methodology/approach
High resolution transmission electron microscopy was used to observe the aerosol samples collected from different functional areas of Handan City. The morphology and size distribution of the particles collected on hazy and clear days were compared. The health risk evaluation model was applied to evaluate the hazardous effects of particles on human health in different functional areas on hazy days.
Findings
The results show that the particulate matter in different functional areas is dominated by spherical particles in different weather conditions. In particular, the proportion of spherical particles exceeds 70% on the haze day, and the percentage of soot aggregates increases significantly on the clear day. The percentage of each type of particle in the teaching and living areas varied less under different weather conditions. Except for the industrial area, the size distribution of each type of particle in haze samples is larger than that on the clear day. Spherical particles contribute more to the small particle size segment. Soot aggregate and other shaped particles contribute more to the large size segment. The mass concentrations of hazardous elements (HEs) in PM2.5 in different functional areas on consecutive haze pollution days were illustrated as industrial area > traffic area > living area > teaching area. Compared with the other functional areas, the teaching area had the lowest noncarcinogenic risk of HEs. The lifetime carcinogenic risk values of Cr and As elements in each functional area have exceeded residents’ threshold levels and are at high risk of carcinogenicity. Among the four functional areas, the industrial area has the highest carcinogenic and noncarcinogenic risks. But the effects of HEs on human health in the other functional areas should also be taken seriously and continuously controlled.
Originality/value
The significance of the study is to further understand the morphological characteristics of single particles and the health risks of heavy metals in different functional areas of Handan City. the authors hope to provide a reference for other coal-burning industrial cities to develop plans to improve air quality and human respiratory health.
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Aysegul Erem Halilsoy and Funda Iscioglu
This study evaluates the reliability of a multi-state system (MSS) with n components, each having two s-dependent components via copulas.
Abstract
Purpose
This study evaluates the reliability of a multi-state system (MSS) with n components, each having two s-dependent components via copulas.
Design/methodology/approach
The study employs copula functions to model dependencies between components in an MSS. Specifically, it analyzes a (1,1)-out-of-n three-state system using Frank and Clayton copulas for reliability evaluation. A simulation-based case study of a micro-inverter solar panel system is also conducted using the Farlie–Gumbel–Morgenstern (FGM) copula.
Findings
The study finds that incorporating component dependencies significantly impacts the reliability of multi-state systems. Using Frank and Clayton copulas, the analysis shows how dependency structures alter system performance compared to independent models. The case study on a micro-inverter solar panel system, using the FGM copula, demonstrates that real-world systems with dependent components exhibit different performances. Also some effects of dependence parameters on the performance characteristics of the system such as mean residual lifetime and mean past lifetime are also examined.
Originality/value
This study is original in its use of copula functions to evaluate the performance of multi-state systems, particularly focusing on a (1,1)-out-of-n three-state system with dependent components. By applying Frank and Clayton copulas, the research advances reliability analysis by considering component dependencies, often overlooked in traditional models. Additionally, a case study on a micro-inverter solar panel system using the FGM copula highlights the practical application of these methods.
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Hao Zhang, Weilong Ding, Qi Yu and Zijian Liu
The proposed model aims to tackle the data quality issues in multivariate time series caused by missing values. It preserves data set integrity by accurately imputing missing…
Abstract
Purpose
The proposed model aims to tackle the data quality issues in multivariate time series caused by missing values. It preserves data set integrity by accurately imputing missing data, ensuring reliable analysis outcomes.
Design/methodology/approach
The Conv-DMSA model employs a combination of self-attention mechanisms and convolutional networks to handle the complexities of multivariate time series data. The convolutional network is adept at learning features across uneven time intervals through an imputation feature map, while the Diagonal Mask Self-Attention (DMSA) block is specifically designed to capture time dependencies and feature correlations. This dual approach allows the model to effectively address the temporal imbalance, feature correlation and time dependency challenges that are often overlooked in traditional imputation models.
Findings
Extensive experiments conducted on two public data sets and a real project data set have demonstrated the adaptability and effectiveness of the Conv-DMSA model for imputing missing data. The model outperforms baseline methods by significantly reducing the Root Mean Square Error (RMSE) metric, showcasing its superior performance. Specifically, Conv-DMSA has been found to reduce RMSE by 37.2% to 63.87% compared to other models, indicating its enhanced accuracy and efficiency in handling missing data in multivariate time series.
Originality/value
The Conv-DMSA model introduces a unique combination of convolutional networks and self-attention mechanisms to the field of missing data imputation. Its innovative use of a diagonal mask within the self-attention block allows for a more nuanced understanding of the data’s temporal and relational aspects. This novel approach not only addresses the existing shortcomings of conventional imputation methods but also sets a new standard for handling missing data in complex, multivariate time series data sets. The model’s superior performance and its capacity to adapt to varying levels of missing data make it a significant contribution to the field.
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Abstract
Purpose
This paper aims to investigate the impact of environmental risk on corporate governance through market reaction to bank loan announcements.
Design/methodology/approach
Using the establishment of environment court in China as a quasi-natural experiment, this paper adopt the difference-in-differences approach based on listed firms during 2003–2013 to explore the impact of environment court on corporate governance.
Findings
This paper find that the environment court would weaken the cumulative abnormal return of loan announcements. Then, this paper confirm that the potential reason is that environment court worsens the interest conflict between majority and minority shareholders. Further, cross-sectional analysis suggests that bank’s supervision, market competition and analyst coverage can alleviate the impact of environment court on corporate governance.
Practical implications
Environment courts intensify firms’ internal interest disputes, thus causing the decrease of corporate governance, which can be observed through the effect of bank loan announcements.
Social implications
This paper provide reference for environmental policy formulation and implementation, firms’ decision-makings and improving the banking regulatory system.
Originality/value
This paper makes a contribution to the studies about the impact of environment court on firms’ decision-making and investors’ reaction, the impact of external factors on corporate governance and bank loan announcements effect.
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Priyanka Jayashankar, Tirtho Roy, Souradeep Chattopadhyay, Muhammad Arbab Arshad and Soumik Sarkar
The purpose of the study is to determine how signals of market orientation and brand storytelling affect the evaluation of start-ups by Shark Tank judges.
Abstract
Purpose
The purpose of the study is to determine how signals of market orientation and brand storytelling affect the evaluation of start-ups by Shark Tank judges.
Design/methodology/approach
The authors analyzed 430 Shark Tank pitches to test their hypotheses. Their expert annotations based on elements of their conceptual model pave the way for them to deploy a large language model that gives us unique psycholinguistic insights into the start-up pitches.
Findings
The authors find that market responsiveness and external disadvantage and passion and determination in brand storytelling have a significant impact on the evaluations of start-ups by investors.
Research limitations/implications
The research is set in an early-stage venture context in the US.
Practical implications
The research findings on business-to-investor interactions can benefit B2B marketers, start-ups and investors.
Originality/value
Their research which draws conceptual inspiration from the resource-based view of the firm and the signaling theory is unique in that the authors use cutting edge large-language model tools to draw psycholinguistic B2B insights from the Shark Tank interactions.
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Feifei Shao, Nianxin Wang and Xing Wan
Research on decision rights partitioning and its impact on platform performance has predominantly focused on single rights, leading to inconclusive results. This study is driven…
Abstract
Purpose
Research on decision rights partitioning and its impact on platform performance has predominantly focused on single rights, leading to inconclusive results. This study is driven by a more nuanced objective of exploring diverse governance models that can enhance the performance of sharing platforms across different contexts. Rather than delegating single decision right to users, this approach partitions several essential decision rights concurrently throughout the transaction process. By examining the complex relationships between multiple decision rights partitioning and platform performance, this study identifies and explains suitable governance models that are tailored to specific contextual factors for improving the performance of sharing platforms.
Design/methodology/approach
Collecting data from 60 sharing platforms in China, this study employs a combination of cluster and configuration analyses to address research questions.
Findings
The study explores three strategic decision rights partitioning modes widely adopted by sharing platforms. It further identifies four governance models for sharing platforms, which are termed as conservative seller model, conservative buyer model, aggressive seller model and aggressive buyer model, related to certain contextual factors.
Originality/value
In addressing platform governance as key to sharing platform success, the study contributes to the literature by investigating how multiple-rights partitioning portfolios and strategic differentiation in decision rights partitioning can enhance platform performance.
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