This study aims to elaborate on how firms manage research and development (R&D) activities by examining the relationship between ownership concentration and corporate R&D…
Abstract
Purpose
This study aims to elaborate on how firms manage research and development (R&D) activities by examining the relationship between ownership concentration and corporate R&D investment, as well as the moderating role of stock options in this relationship.
Design/methodology/approach
The study sample comprised 354 Chinese listed firms from 2011 to 2019, and the Tobit model and the system GMM test are used to check robustness.
Findings
The results reveal that ownership concentration and R&D investment have an inverted U-shaped relationship. In the presence of stock options, this inverted U-shaped relationship is significantly weaker.
Originality/value
The results have important managerial implications for firms that aim to grant stock options and improve the impact of ownership concentration on R&D investment strategies.
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Nana Yang, Qiming Liu, Furong Qian and Xinglong Wang
Because of the rapid progress of global value chains (GVCs), it is worthwhile to study their impact on innovation. This study aims to explore the impact of GVC position of…
Abstract
Purpose
Because of the rapid progress of global value chains (GVCs), it is worthwhile to study their impact on innovation. This study aims to explore the impact of GVC position of high-tech industries in the developing-country context of China on innovation performance; it also aims to explore the moderating effects of industrial agglomeration (specialization agglomeration and diversification agglomeration) on the relationship between GVC position and innovation performance.
Design/methodology/approach
The study is based on data gathered on Chinese high-tech industries in 30 provinces from the 2005–2015 period. The econometric analysis relies on merged data from the China Premium Database and the Trade in Value Added 2018 Database.
Findings
The regression results show that GVC position of China’s high-tech industries significantly affects their innovation performance, and both specialization agglomeration and diversification agglomeration significantly enhance the positive relationship between GVC position and innovation performance of China’s high-tech industries. After dividing the country into coastal and inland regions, new findings appear.
Originality/value
This study highlights the importance of GVC position and its effect on innovation performance of China’s high-tech industries. It contributes to the literature on the relationship between GVCs and innovation by elaborating on the moderating effects of industrial agglomeration on this relationship.
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Furong Qian, Jin Hong, Nana Yang and Xiaoyong Yuan
This study aims to investigate the relationship between entrepreneurship and innovation efficiency (IE), as well as the moderating role of absorptive capacity.
Abstract
Purpose
This study aims to investigate the relationship between entrepreneurship and innovation efficiency (IE), as well as the moderating role of absorptive capacity.
Design/methodology/approach
This study uses a sample of industrial enterprises from Chinese provinces from 2005 to 2016, and it tests the research questions using the method of stochastic frontier analysis.
Findings
The results of this study indicate that entrepreneurship promotes IE, and that absorptive capacity plays a positive moderating role. In addition, the effect of entrepreneurship on IE differs between the central and eastern regions and the western region.
Originality/value
This research provides direct policy implications by demonstrating the role of entrepreneurship and absorptive capacity in IE, thereby guiding corporate management practices and the formulation of government innovation and entrepreneurship policies.
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While in common English-language parlance speaking of “online celebrities” encourages the conflation of new forms of famousness with existing discourses on mass media stardom and…
Abstract
While in common English-language parlance speaking of “online celebrities” encourages the conflation of new forms of famousness with existing discourses on mass media stardom and fandom, the Mandarin Chinese term wanghong, a shorthand term for wangluo hongren (literally “person popular on the internet”), frames the enticing shores of online celebrity through the peculiar lexical domain of a grassroots popularity. The figure of the wanghong has in recent years accompanied the development of social media platforms in China, becoming a profitable profession, an inspirational role model, a morally condemnable by-product of internet economies, and in general a widely debated social phenomenon among local users. Drawing on interviews with more and less successful local online celebrities and discussions with their audiences, this chapter offers an up-to-date portrayal of the various forms of wanghong currently vying for attention on Chinese social media platforms, illustrating how popularity is crafted along with narratives of professionalism and economic aspirations intimately connected to the sociotechnical contexts of contemporary China.
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Minghuan Shou, Furong Jia and Jie Yu
The aging population, a higher proportion of older adults (aged 65+), is considered a global and severe problem, while the information systems (IS) literature on detecting the…
Abstract
Purpose
The aging population, a higher proportion of older adults (aged 65+), is considered a global and severe problem, while the information systems (IS) literature on detecting the relationship between the aging population and the development of electronic commerce (e-commerce) is limited and insufficient. Hence, the main objective of this paper is to examine whether an aging population can moderate the effect of infrastructure constructions on e-commerce sales and whether an aging population can affect e-commerce sales.
Design/methodology/approach
To investigate the relationship between the aging population and e-commerce sales, this study proposes two potential influential mechanisms: moderating the effects of infrastructure development on e-commerce sales and direct influence. Subsequently, a sample of 31 Chinese provinces from 2013 to 2019 is utilized to conduct regression analyses in order to examine these hypotheses.
Findings
The findings suggest that the development of urban transportation infrastructure and network constructions can significantly contribute to the enhancement of e-commerce sales, and the influence cannot be affected by aging population. Furthermore, it is noteworthy that an aging population can have a positive effect on e-commerce sales.
Practical implications
The findings can inform future infrastructure constructions by assessing the potential of infrastructure projects to boost e-commerce sales and examining whether this effect varies in an aging population context.
Originality/value
The findings substantiate the pivotal role of older adults in the e-commerce industry. Moreover, the obtained results establish a positive relationship between an aging population and e-commerce sales, thereby offering diverse perspectives on existing theories.
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MA Jiao and WU Guoyuan
The paper is aimed to avoid the situation that historical relics are encroached, isolated and fragmented because of cities in the rapid urban process. Taking the environment…
Abstract
The paper is aimed to avoid the situation that historical relics are encroached, isolated and fragmented because of cities in the rapid urban process. Taking the environment around the Qinglong Temple in Xi'an city as an example and based on the characteristics of urban patterns in the history, this paper explores the spatial connection relationship between historical relics and surrounding villages as well as the connection between metro traffic and commercial bodies. At the end of the paper, the improvement strategy is put forward, namely the design concepts of “stepwise style” and “landscape style”, which can be achieved by the demand of ecological restoration and the relationship between urban axis. To be noted, the research shows, by restructuring new connection space, the city can promote the urban memory to be restored, the urban appearance to be reshaped, and the urban patterns in the history to be respected and displayed.
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Furong Geng, Yonghong Zhao, Dong Chen, Tao Wang and Zhen Li
Graded honeycombs are materials that exhibit better energy absorption performance compared to uniform honeycombs without adding additional weight. This paper introduces a novel…
Abstract
Purpose
Graded honeycombs are materials that exhibit better energy absorption performance compared to uniform honeycombs without adding additional weight. This paper introduces a novel modularized graded honeycomb into a commercial crash box to improve its crashworthiness.
Design/methodology/approach
A modularized graded honeycomb is inserted into a commercial crash box to develop a novel crash box. Finite element analyses are conducted to investigate the crashworthiness. Pareto cumulative influence analysis is conducted to rank the effects of design parameters on crashworthiness. A surrogate model-based multi-objective optimization is carried out to improve energy absorption while limiting the impact peak force. An optimal Pareto solution set is obtained.
Findings
Modularized honeycomb-filled crash box outperforms that of its corresponding uniform honeycomb-filled crash box and empty crash box in resisting impact. Pareto cumulative influence analysis reveals that for most crashworthiness indicators, cell-wall thicknesses of crash box tube contribute the most, followed by average relative density and graded coefficient of modularized honeycomb (MH). Graded coefficient contributes nearly 10% on mean force and maximum displacement, but it has insignificant influence on peak force and weight. Optimization results show that the optimal designs can not only absorb more energy but also limit the peak force compared with those of uniform honeycomb-filled crash box.
Originality/value
This paper fills a MH into a commercial crash box to propose a novel crash box and demonstrates the positive impact of modularized design on crashworthiness compared with that of uniform honeycomb-filled crash box. Moreover, modularizing honeycomb does not change the weight of the filler, and thus, the novel crash box would benefit development of crash box with lightweight and excellent energy absorption capacity.
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Ningshuang Zeng, Xuling Ye, Yan Liu and Markus König
The unstable labor productivity and periodic planning method cause barriers to improving construction logistics management. This paper aims to explore a demand-driven mechanism…
Abstract
Purpose
The unstable labor productivity and periodic planning method cause barriers to improving construction logistics management. This paper aims to explore a demand-driven mechanism for efficient construction logistics planning to record the material consumption, report the real-time demand and trigger material replenishment from off-site to on-site, which is aided by Building Information Modeling (BIM) and the Kanban technique.
Design/methodology/approach
This paper follows the design science research (DSR) principles to propose a system of designing and applying Kanban batch with 4D BIM for construction logistics planning and monitoring. Prototype development with comparative simulation experiments of a river remediation project is conducted to analyze the conventional and Kanban-triggered supply. Two-staged industrial interviews are conducted to guide and evaluate the system design.
Findings
The proposed BIM-enabled Kanban system enables construction managers and suppliers to better set integrated on- and off-site targets, report real-time demands and conduct collaborative planning and monitoring. The simulation results present significant site storage and schedule savings applying the BIM-enabled Kanban system. Feedback and constructive suggestions from practitioners are collected via interviews and analyzed for further development.
Originality/value
This paper brings to the limelight the benefits of implementing BIM-enabled demand-driven replenishment to remove waste from the material flow. This paper combines lean production theory with advanced information technology to solve construction logistics management problems.