Rihui Ouyang, Wenjun Jing, Zhongyuan Liu and Aidi Tang
China has fully capitalized on the opportunities presented by the latest wave of technological revolution and industrial transformation, paving the way for a path with Chinese…
Abstract
Purpose
China has fully capitalized on the opportunities presented by the latest wave of technological revolution and industrial transformation, paving the way for a path with Chinese characteristics in the development of the digital economy. This paper analyzes the development of China’s digital economy, outlining its path, advantages and challenges. It aims to provide insights into how China capitalized on technological and industrial transformation to foster a digital economy with distinct Chinese characteristics.
Design/methodology/approach
This paper adopts a descriptive analytical approach to outline the evolution of China’s digital economy through various stages of development. It highlights the pivotal role of market demand, the intricate government-market relations and technological advancements in shaping this evolution. The approach also identifies key factors that have contributed significantly to China’s success in digital economy development.
Findings
The key findings reveal that China’s digital economy has grown rapidly, driven by market demand, technological innovation and government support. The “Chinese path” prioritizes consumer internet, leverages scale advantages and emphasizes data-driven development. However, challenges exist in balancing governance systems, endogenous growth and external environments.
Originality/value
This paper offers original insights into the unique development path of China’s digital economy, highlighting its advantages and challenges. It provides valuable insights for other countries seeking to foster their own digital economies, especially in managing government-market relations and leveraging domestic market demand.
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Da Huo, Rihui Ouyang, Aidi Tang, Wenjia Gu and Zhongyuan Liu
This paper delves into cross-border E-business, unraveling its intricate dynamics and forecasting its future trajectory.
Abstract
Purpose
This paper delves into cross-border E-business, unraveling its intricate dynamics and forecasting its future trajectory.
Design/methodology/approach
This paper projects the prospective market size of cross-border E-business in China for the year 2023 using the GM (1,1) gray forecasting model. Furthermore, to enhance the analysis, the paper attempts to simulate and forecast the size of China’s cross-border E-business sector using the GM (1,3) gray model. This extended model considers not only the historical trends of cross-border E-business but also the growth patterns of GDP and the digital economy.
Findings
The forecast indicates a market size of 18,760 to 18,934 billion RMB in 2023, aligning with the consistent growth observed in previous years. This suggests a sustained positive trajectory for cross-border E-business.
Originality/value
Cross-border e-commerce critically shapes China’s global integration and traditional industry development. The research in this paper provides insights beyond statistical trends, contributing to a nuanced understanding of the pivotal role played by cross-border e-commerce in shaping China’s economic future.
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Rico Baldegger, Pascal Wild and Patrick Schueffel
Today, newly founded businesses are inevitably driven to start in a digital form from day 1. Moreover, most existing businesses conceive digitalization as an important part of…
Abstract
Today, newly founded businesses are inevitably driven to start in a digital form from day 1. Moreover, most existing businesses conceive digitalization as an important part of their strategic orientation by developing and improving their digital assets and digitalizing their processes. By taking account of this development, this chapter investigates how entrepreneurial orientation (EO) affects a small firm’s proclivity to both digitization and internationalization and their performance that comes from it. Internationalization has been a key topic for many small- and medium-sized companies (SMEs) over the past decades. As digitization is currently taking over the helm from internationalization as the most pressing topic affecting business, we carried out research among SMEs to understand the interplay of these factors influencing business performance. The focus of the research was on the precursory factors inducing firm performance as well as on their interrelationships. Using a sample of 357 SMEs, EO is found to be significantly closely associated with an SME’s degree of digitization as well as with its overall performance. In contrast, EO does not affect the SME’s level of internationalization. This result is surprising considering that proactive and risk-taking firms tend to be more inclined to enter foreign and distant markets.
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Yin Junjia, Aidi Hizami Alias, Nuzul Azam Haron and Nabilah Abu Bakar
Hoisting is an essential construction work package, but there is still a high incidence of accidents due to insufficient attention to coping strategies. This study aims to provide…
Abstract
Purpose
Hoisting is an essential construction work package, but there is still a high incidence of accidents due to insufficient attention to coping strategies. This study aims to provide decision support to practitioners on safety protocols by developing a multi-stakeholder risk response model and a novel evaluation method.
Design/methodology/approach
Firstly, the study summarizes the hoisting risk response strategies system through a literature review and stakeholder theory. Secondly, the study constructed a quantitative theoretical model based on GLS-SEM and questionnaires. Third, the EWM-VA evaluation method was developed to determine the value coefficients of strategies.
Findings
The strategic interaction between government and consultants, consultants and builders, and government and builders are in the top three pronounced. Three coping strategies, “Increase funding for lifting equipment and safety devices,” “Improve the quality of safety education and training on lifting construction,” and “Conduct regular emergency rescue drills for lifting accidents,” have the optimal ratio of benefits to costs.
Originality/value
The hoisting risk strategy model from the perspective of multi-interested subjects proposed by the study is based on the global thinking of the project, which reduces the troubles such as the difficulty of pursuing responsibility and the irrational allocation of strategies that were brought by the previously related studies that only considered a single interested subject. In addition, the EWM-VA evaluation method developed in the study also provides new options for evaluating risk strategies and has the potential to be extended to other fields.
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Besnik Krasniqi, Nick Williams, Iraj Hashi, Fisnik Reçica, Ermal Lubishtani and Liridon Kryeziu
This paper aims to examine the influence of formal and informal institutional quality on country-level variations in foreign equity shares in transition economies (TEs).
Abstract
Purpose
This paper aims to examine the influence of formal and informal institutional quality on country-level variations in foreign equity shares in transition economies (TEs).
Design/methodology/approach
Drawing on institutional theory and transaction cost theory, this paper examines the influence of formal and informal institutional quality on country-level variations in foreign equity shares in TEs. The authors use a two-step empirical strategy, identifying clusters of explanatory variables and running generalized least squares random effect estimations to test for the influence of explanatory and control variables on foreign equity shares.
Findings
Foreign equity share is positively affected by informal institutions and negatively by formal institutions. However, when control for stage of transition we find that the the presence of informal institutions in more rapidly or advanced transforming economies negatively influences foreign equity shares. Complex infrastructure discourages foreign equity shareholdings, and foreign companies use informal practices to overcome unfavourable host country conditions. Government size has a negative effect, and gross domestic product per capita positively affects foreign equity shares.
Research limitations/implications
The study is the new groundwork for the re-enactment of a fruitful discussion on foreign equity. The study has practical implications for managers, too – managers of foreign-owned firms operating in weakly installed institutional environments should carefully analyse the entry strategies because of the high presence of informal institutions. Furthermore, managers could understand the various facilitation roles of informal institutions in any firm internationalisation effort to arrive at optimal ownership holdings for better internationalisation performance. Although the study is based on a sample of transition countries, the findings have implications for other emerging economies’ contexts sharing similar institutional settings.
Originality/value
This study provides a unique empirical investigation and evidence based on country-level indicators on the effect of formal and informal institutions on foreign equity shares holdings in TEs, reinforcing the importance of impacts of both the formal and informal dimensions on ownership decisions of foreign investors.
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Galina Shirokova, Gina Vega and Dmitri Knatko
The purpose of this paper is to bring together a strategic choice perspective and an institutional perspective in order to address the key research questions: how do Russian…
Abstract
Purpose
The purpose of this paper is to bring together a strategic choice perspective and an institutional perspective in order to address the key research questions: how do Russian founder-CEOs perceive the institutional environment when succession issues are taken into consideration?; how do the perceived characteristics of different formal and informal institutions affect the founder-CEO’s decision to delegate authority to a professional CEO?; and what are the main barriers to founder-CEO succession in threshold firms in emerging markets such as Russia?
Design/methodology/approach
Using a data set of 500 entrepreneurial companies from fast growing industries in Russia, the paper defines and studies threshold firms and analyses how various perceived characteristics of the institutional environment in emerging markets influence the likelihood of transition from founder management to professional management.
Findings
Institutional factors such as poor security of property rights and dependence of the business on relationships with government officials have a negative impact on the likelihood of founder-CEO succession in threshold firms in emerging markets. At the same time, the perception of contract law as insecure increases the likelihood of transition from founder management to professional management.
Originality/value
Most research on initial succession deals with internal organisational factors and does not consider external environments and their influence on founder-CEO departure and willingness to exit from company management. This study is unique in its focus on the external environment and institutional factors and their impact on management transitions in threshold firms in emerging economies.
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Jose Carlos M. Pinho and Douglas Thompson
Drawing insights from institutional theory, the purpose of this paper is to analyse the synergistic effects of a range of entrepreneurial framework conditions (EFCs) on the…
Abstract
Purpose
Drawing insights from institutional theory, the purpose of this paper is to analyse the synergistic effects of a range of entrepreneurial framework conditions (EFCs) on the capacity to start a business within different types of economies.
Design/methodology/approach
This is a preliminary study that uses data from the National Expert Survey-Global Entrepreneurship Monitor (NES-GEM). Specifically, the data were gathered through the application of a questionnaire to National Entrepreneurship Experts in a cross-cultural context. Two countries – Portugal and Angola – are analysed.
Findings
Among the five structural relationships involving institutional drivers analysed, four are found to be statistically significant in the Portuguese sample. Three are found to be statistically significant in the Angolan sample. The results from the multigroup analysis did not support most of the proposed relationship between the two countries.
Research limitations/implications
This study is limited by the number and type of countries selected and by the fact that each sub-sample covers several years. It also relies on the perceptions of national experts on entrepreneurship covering several areas. Another limitation is based on the fact that this study emphasises mainly a macro perspective. Therefore, interpretation of these findings and their generalisation should be made with caution.
Originality/value
First, this study addresses an area of the GEM model that is believed to be under-researched (NES). Second, the model presented is based on latent variables and analysed through a variance-based method, PLS-structural equation modelling. Third, this study compares the proposed relationships between two sub-sample data sets that represent a factor-driven economy and an innovation-driven economy. Fourth, and most importantly, this study responds to the call for the need to use a new procedure for measurement invariance assessment for composite modelling.
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Michael J. Papa and Wendy H. Papa
The conflict in Darfur reached crisis proportions in 2003 when rebel groups began to attack Government of Sudan forces. These attacks were motivated by years of neglect by the…
Abstract
The conflict in Darfur reached crisis proportions in 2003 when rebel groups began to attack Government of Sudan forces. These attacks were motivated by years of neglect by the government and by political polarization of the area. Despite ceasefires and peace talks, the violence continues in 2018. This essay examined the crisis in Darfur from the perspective of social structure. Three social structures were identified: global climate change, race, and gender. Although there are significant complexities associated with these three social structures, possible paths to agency for the people of Darfur are discussed.
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Igor Laine, Sami Saarenketo and Xiaotian Zhang
This chapter investigates the role of authentic leadership in international entrepreneurship. The authors examine how the four pillars of authentic leadership – self-awareness…
Abstract
This chapter investigates the role of authentic leadership in international entrepreneurship. The authors examine how the four pillars of authentic leadership – self-awareness, relational transparency, internalised moral perspective and balanced processing of information – can promote effective collaboration for cross-border social value creation in entrepreneurial ventures. Questions that the authors address are: How do we define ‘international’ entrepreneurship from the perspective of authentic leadership? Are new or different leadership qualities required for the ‘international’ dimension? What are international leadership values or/and qualities and how does the international context change what competencies are needed? The authors call for research to examine how leadership can be depersonalised and become collective rather than an individual trait.
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Abdallah A.S. Fayad, Arifatul Husna Binti Mohd Ariff, Sue Chern Ooi, Aidi Ahmi and Saleh F.A. Khatib
This paper aims to systematically analyse the publications in the field of integrated reporting (IR) and to present an overview of the current publication trends in IR based on…
Abstract
Purpose
This paper aims to systematically analyse the publications in the field of integrated reporting (IR) and to present an overview of the current publication trends in IR based on the data obtained from the Scopus database.
Design/methodology/approach
Selected bibliometric indicators and bibliometrix R-packages are used in examining metrics like annual publication trends, authors with the most produced work, papers that are often cited, top productive countries, top productive affiliations, frequently mentioned journals, frequently mentioned keywords, analysis of co-citation, analysis of collaboration and analysis of co-word.
Findings
The findings from the bibliometric review indicated that the trend of IR literature had increased from 2017 to 2020, specifically from 2017 to 2019. The findings also indicated that several publications on IR entailed several authors’ collaboration and were published in various languages. Moreover, around 148 institution-affiliated researchers from 40 institutions in 20 countries contributed to the IR publication.
Research limitations/implications
This paper offers a comprehensive overview of the current development in IR. It is useful to help emerging scholars identify and understand current trends in IR based on different countries, authors and languages.
Originality/value
This paper contributes to the literature on IR by highlighting the trends of IR publications from the Scopus database using bibliometric analysis.