Shanshan Zhang, Zhiqiang Wang, Xiande Zhao and Jinyu Yang
Drawing upon relative absorptive capacity (AC) perspective, this study proposes a research model connecting R&D investment, three types of supply chain AC—AC from suppliers…
Abstract
Purpose
Drawing upon relative absorptive capacity (AC) perspective, this study proposes a research model connecting R&D investment, three types of supply chain AC—AC from suppliers, customers and university and research institutes (U&RIs)—and firm innovativeness and investigates the contingent effects of dysfunctional competition on the link between R&D investment and supply chain AC.
Design/methodology/approach
The authors used data collected from 262 manufacturers in three areas of China to empirically examine the conceptual model. The corresponding hypotheses were tested with structural equation modeling and regression analysis.
Findings
The empirical results demonstrate that AC from customers and AC from U&RIs play significant mediating roles in the relationship between R&D investment and firm innovativeness. Moreover, R&D investment has a significantly greater effect on AC from U&RIs under high levels of dysfunctional competition.
Originality/value
First, by conceptualizing AC from a relative view, this study discloses the unique roles of knowledge from different supply chain partners in realizing the benefits of R&D investment in innovation. Second, the exploration of the contingent roles of dysfunctional competition in the emerging economy of China enriches insights on the roles of institutional environment on knowledge absorption and the knowledge on relative AC in emerging economies.
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Jinyu Yang, Shanshan Zhang, Zhiqiang Wang and Xiande Zhao
The purpose of this paper is to investigate how supplier concentration influences a buyer firm's R&D intensity. This study proposes a mediation and moderation model to test this…
Abstract
Purpose
The purpose of this paper is to investigate how supplier concentration influences a buyer firm's R&D intensity. This study proposes a mediation and moderation model to test this relationship in the Chinese household appliance industry. Specifically, this study tests the mediation effect of operational slack on the relationship between supplier concentration and R&D intensity and the moderation effect of financial constraints on this relationship.
Design/methodology/approach
Drawing upon real options theory and resource dependence theory, the proposed relationships are tested with the Chinese household appliance market using financial data from listed companies over a ten-year span from 2012 to 2021. Fixed effects (within-group) panel regression models are used to test the hypotheses. In addition, the authors use the bias-corrected bootstrap method to test the mediation effect.
Findings
The authors find that supplier concentration negatively affects a buyer firm's R&D intensity and that internal operational slack mediates this relationship. Interestingly, financial constraints from the external financing organization weaken the negative relationship between the buyer firm's supplier concentration and R&D intensity.
Originality/value
Based on the argument of real options theory and resource dependence theory, this study provides novel insights into the issue of how concentration on several major suppliers may reduce buyer firms' R&D intensity. First, this study introduces operational slack as a form of internal uncertainty that mediates the supplier concentration–R&D intensity relationship. Second, this study suggests that the effect of supplier concentration on R&D intensity is contingent upon firms' financial constraints from external financial organizations, disclosing a synergetic interactive effect of supplier concentration and financial constraints on firms' R&D activities. Third, this study is conducted in the unique institutional context of China, providing meaningful insights into the relationship between supplier concentration and R&D intensity.
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Jinyu Yang, Bin Liu and Lihua Yuan
This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal…
Abstract
Purpose
This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal mechanism of enterprises obtaining land resources from local government and its resulting equity investment increase and economic consequences of overinvestment.
Design/methodology/approach
The data of China’s A-share listed companies from 2007 to 2014 were used to test the relationship between the increase in enterprise equity investment and the acquisition of land resources and overinvestment. The descriptive statistics, correlation analysis and least squares linear regression were used to solve the above question.
Findings
One of the reasons for the enterprise equity increase is to obtain scarce land resources. The enterprise acquisition for land resources leads to overinvestment. The equity investment increase from obtaining land resources will further stimulate enterprise group to overinvest.
Research limitations/implications
The authors could not get the actual data of land that subsidiaries have obtained directly. In this research, the authors get the data using consolidated statements and subsidiary statements indirectly.
Practical implications
The results make contributions to the influencing factors and economic consequence of the enterprise investment structural deviation.
Social implications
It provides reference to optimize the “interaction” relationship between government and enterprises.
Originality/value
It identified the “dual-channel” conduction mechanism between land resource acquisition and enterprise overinvestment.
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Jinyu Yang, Jun Lian and Xing Liu
The purpose of this paper is to study the impact of political connections and institutional environment differences on private enterprises' acquiring bank loans, and to analyze…
Abstract
Purpose
The purpose of this paper is to study the impact of political connections and institutional environment differences on private enterprises' acquiring bank loans, and to analyze the governance effect of bank debts and its impact on firm value.
Design/methodology/approach
Choosing private listed enterprises in China as samples, this study builds equation models and uses the three‐stage least squares estimation method to estimate these models.
Findings
The results show that: political connections influence lending policies of banks; the politically connected private enterprises could acquire more loans from banks. In poorer institutional environment, political connections can help private enterprises to acquire more bank loans; building political connections is an informal substitute mechanism for private enterprises to overcome the drawbacks of market institutions. The bank loans have governance effects on politically connected private enterprises and can increase firm value; the allocation of bank loans through political connections is efficient.
Originality/value
This study provides a meaningful perspective for understanding the impact of political connections on firm value and allocation of social resources.
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Jiaquan Yang, Jinyu Fang and Jiafu Su
This paper aims to identify the conditions under which encroachment is a viable strategy for a manufacturer to gain competitive advantage and achieve higher profitability in the…
Abstract
Purpose
This paper aims to identify the conditions under which encroachment is a viable strategy for a manufacturer to gain competitive advantage and achieve higher profitability in the presence of the store-brand.
Design/methodology/approach
This paper proposes game-theoretic models in a two-echelon supply chain consisting of a manufacturer (him) and a retailer (her), in which he distributes his national brand through the retailer, and endogenously determines whether to establish a new direct sales channel to sell the national brand when the retailer introduces her store-brand.
Findings
Analytical results show that the bar for the manufacturer to encroach the end market in the presence of the store-brand is always higher than that for him to encroach in the absence of the store-brand. Although incurring channel competition, encroaching with the national brand in the presence of the retailer's store-brand can lead to either a win-lose or win-win result for the manufacturer and the retailer. Numerical studies claim that, higher brand substitution can push down the retailer's enthusiasm to introduce her new brand. Counterintuitively, when the retailer introduces her store-brand, higher brand substitution does not necessarily push up the manufacturer's enthusiasm to respond with national-brand encroachment. When consumer preferences for the two brands are heterogeneous, a higher consumer preference for the retailer's store-brand results in the retailer's higher enthusiasm to introduce her store-brand and the manufacturer's lower enthusiasm to encroach with his national brand.
Originality/value
This study can help researchers to better understand the retailer's store-brand introduction, manufacturer encroachment and their interaction theoretically, and further provide decision support for enterprises to choose brand and channel strategies in practice.
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Yunchu Yang, Hengyu Wang, Hangyu Yan, Yunfeng Ni and Jinyu Li
The heat transfer properties play significant roles in the thermal comfort of the clothing products. The purpose of this paper is to find the relationship between heat transfer…
Abstract
Purpose
The heat transfer properties play significant roles in the thermal comfort of the clothing products. The purpose of this paper is to find the relationship between heat transfer properties and fabrics' structure, yarn properties and predict the effective thermal conductivity of single layer woven fabrics by a parametric mathematical model.
Design/methodology/approach
First, the weave unit was divided into four types of element regions, including yarn overlap regions, yarn crossing regions, yarn floating regions and pore regions. Second, the number and area proportion of each region were calculated respectively. Some formulas were created to calculate the effective thermal conductivity of each element region based on serial model, parallel model or series–parallel mixing model. Finally, according to the number and area proportion of each region in weave unit, the formulas were established to calculate the fabric overall effective thermal conductivity in thickness direction based on the parallel models.
Findings
The influences of yarn spacing, yarn width, fabric thickness, the compressing coefficients of air layers and weave type on the effective thermal conductivity were further discussed respectively. In this model, the relationships between the effective thermal conductivity and each parameter are some polynomial fitting curves with different orders. Weave type affects the change of effective thermal conductivity mainly through the numbers of different elements and their area ratios.
Originality/value
In this model, the formulas were created respectively to calculate the effective thermal conductivity of each element region and whole weave unit. The serial–parallel mixing characteristics of yarn and surrounding air are considered, as well as the compression coefficients of air layers. The results of this study can be further applied to the optimal design of mixture fabrics with different warp and filling yarn densities or different yarn thermal properties.
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Jinyu Li, Hangyu Yan, Yunfeng Ni, Linlin Fu and Yunchu Yang
At present, electrical heating clothing is widely used to keep ourselves warm at low temperature. The purpose of this paper is to explore the heat transfer performance of…
Abstract
Purpose
At present, electrical heating clothing is widely used to keep ourselves warm at low temperature. The purpose of this paper is to explore the heat transfer performance of electrical heating fabric and the thermal comfort of human skin at low temperature.
Design/methodology/approach
The combined model of skin-electrical heating fabric system was established to simulate human skin tissue wearing electrical heating clothing. A series of simulation experiments are designed on the basis of verifying the effectiveness of the combined model. The temperature distribution inside the combined model and on the skin surface under different heating powers is simulated and analyzed. At the same time, the influence of ambient temperature on the thermal performance of electrical heating fabric was explored.
Findings
The skin model with blood vessels reflected the temperature change of human skin wearing electrical heating clothing. The higher the heating power of the electrical heating fabric was, the greater the temperature of the skin surface changed, the faster the temperature rose and the longer the time required to reach the stable state would be. After the heating element was electrified, it had the greatest effect on the average temperature of the epidermis and dermis, had smaller effect on the average temperature of subcutaneous layer and had little effect on the temperature of blood vessels. When the heating power was the same, the higher the ambient temperature was, the more obvious the heating effect of electrical heating fabric was. Electrical heating fabrics with different heating powers were suitable for different ambient temperature ranges.
Originality/value
A reasonable and effective evaluation method for the thermal comfort of electrical heating fabric was provided by establishing the skin model and combined model of the skin-electrical heating fabric system. It provides a reference for the design and application of electrical heating clothing.
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Qian Ding and Jinyu Chen
Customer resource allocation efficiency (RAE) refers to the ability of customers to use, allocate and manage their available resource inputs to produce valuable outputs. This…
Abstract
Purpose
Customer resource allocation efficiency (RAE) refers to the ability of customers to use, allocate and manage their available resource inputs to produce valuable outputs. This study draws on organizational entrainment theory (OET) to examine how the implementation of supplier digitalization affects customer RAE through supply chain entrainment.
Design/methodology/approach
Based on supplier and customer data disclosed by Chinese A-share listed firms from 2009 to 2022, this study uses fixed effects panel data models to empirically examine the impact of supplier digitalization on customer RAE and the mechanistic role of supply chain entrainment.
Findings
The results show that supplier digitalization significantly increases customer RAE. It improves RAE by influencing the three dimensions of supply chain entrainment (the bullwhip effect, inventory management coordination and risk management coordination).
Practical implications
This study provides important insights into how managers can adapt the external digital environments and maintain synchronous operations with their supply partners. Our findings demonstrate how managers can fully leverage the advantages of digitalization of their suppliers to improve their own RAE through supply chain entrainment strategies.
Originality/value
This study introduces the concept of supply chain entrainment to reveal how firms optimize their own resource allocation strategies and achieve efficient operations. Our research enriches the understanding of supply chain governance in the digital age and contributes to the literature on supply chain digitalization.
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Saddam A. Hazaea, Ebrahim Mohammed Al-Matari, Najib H.S. Farhan and Jinyu Zhu
In recent years, mandatory rules and regulations were issued to stress the importance of increasing gender diversity in companies, assuming that gender diversity would enhance…
Abstract
Purpose
In recent years, mandatory rules and regulations were issued to stress the importance of increasing gender diversity in companies, assuming that gender diversity would enhance financial performance. Thus, the purpose of this paper is to review recent research concerning board gender diversity and its impact on financial performance for the period of 2002 to 2022.
Design/methodology/approach
Using the Web of Science and Scopus databases, 152 studies were analyzed, out of 91 high-impact journals. The analysis focuses on discussing the moderating, mediating and controlling variables and exploring the theories and theoretical foundations that are most prevalent in the literature.
Findings
The findings indicated an incompatibility between the results of the studies on the impact of gender diversity on financial performance. In addition, results showed the majority of studies focused on discussing the controlling variables associated with the company compared to the variables related to employees or the surrounding environment. On the other hand, the results also showed widespread use of the theoretical basis with the development of new theories in the recent period in parallel with the increase in the literature.
Originality/value
The results of this study help to reconcile the findings of the different and conflicting literature by presenting the perception that the efficacy of the positive impact of gender diversity on financial performance is related to several organizational and environmental factors that companies have to consider.
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Abstract
Purpose
The purpose of this paper is to explore the heterogeneity and correlations of agricultural greenhouse gas (GHG) emissions among provinces in China, and then policy implications are proposed.
Design/methodology/approach
After agricultural GHG accounting and a pre-analysis of inter-provincial heterogeneity, improved gravity model and the Social Network Analysis (SNA) methods are introduced to construct the network, being carried out from three aspects of the whole network, individual provincial characteristics and cluster analysis.
Findings
(1) There are significant regional variations in agricultural GHG scale among provinces owing to the layout of agricultural production, and the temporal trends show that the direction and speed of agricultural GHG scale change vary among provinces; (2) In terms of inter-provincial correlations, there exists a complex spatial network of agricultural GHG among provinces, which tends to be more complex, intensive and stable, while the status of the provinces in the network also has gradually become more balanced. All provinces played their respective roles in the four clusters of the network with agricultural layout and comparative advantages, and the distribution has continuously optimized.
Practical implications
The inter-provincial network characteristics of agricultural GHG emissions and its evolution have practical implications for differentiated and coordinated agricultural GHG reduction policies at the provincial levels.
Originality/value
This paper innovatively study inter-provincial agricultural GHG correlations in China with the SNA methods used to study economic and social connections in the past. There is some originality in the introduction of network theory and application of the SNA methods, which can provide some reference for researches in similar fields.