Di Song, Aiqi Wu, Xiaotong Zhong and Shufan Yu
This study aims to introduce an important temporal dimension to the research on institution and entrepreneurship in the transition period. This study develops the concept of…
Abstract
Purpose
This study aims to introduce an important temporal dimension to the research on institution and entrepreneurship in the transition period. This study develops the concept of pre-reform institutional embeddedness, and explores its impact on entrepreneurial reinvestment of private firms in China’s transition economy.
Design/methodology/approach
The authors used secondary data of a nationally representative sample of China’s private firms collected in the early days of the institutional transition period and applied ordinary least squares regressions and the Baron and Kenny approach to test the theoretical model.
Findings
Pre-reform institutional embeddedness has a negative impact on entrepreneurial reinvestment of private firms in the transition period. This relationship is mediated by guanxi-induced employment, such that pre-reform institutional embeddedness promotes guanxi-induced employment, which in turn discourages a private firm to reinvest. Additionally, the negative impact of guanxi-induced employment on entrepreneurial reinvestment is reduced when decentralization of decision-making is used.
Practical implications
First, entrepreneurs should be aware of pre-reform institutional embeddedness’ negative influence on firms’ risk-taking abilities and incentives. Private firms already constrained by this connection could alleviate the negative impacts through a widespread delegation of decision-making authority. Second, policymakers should be cautious about improper government-business relationships, which may discourage private firms from fully pursuing entrepreneurial growth opportunities.
Originality/value
This paper makes theoretical contributions to the literature on entrepreneurial reinvestment, embeddedness perspective of entrepreneurship and imprinting theory.
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Aiqi Wu, Xiaotong Zhong and Di Song
This paper aims to explore the influence of entrepreneur’s political involvement on private-own enterprises’ (POEs’) selection of two inter-organizational conflict resolutions…
Abstract
Purpose
This paper aims to explore the influence of entrepreneur’s political involvement on private-own enterprises’ (POEs’) selection of two inter-organizational conflict resolutions approaches (private approach and public approach), in the context of China’s transition economy.
Design/methodology/approach
Drawing on a sample of POEs operating in China’s transition economy in the year 2000, this study investigates the possible association between the entrepreneur’s political involvement and the approach chosen to resolve inter-organizational conflicts. A further step is taken to look into the implications of such a choice.
Findings
The empirical study reveals that those POEs with greater entrepreneurial political involvement have the propensity to rely on public approach. In general, POEs are more satisfied with the private approach than the public approach when managing conflicts. Besides, the study shows that the positive effects derived from the entrepreneur’s satisfaction on private approach will be weakened in more established institutions.
Originality/value
This paper has its unique contribution in highlighting the significance of how entrepreneurs’ political involvement interferes with inter-organizational conflict resolution.
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Yi Xie, Jia Liu, Shufan Zhu, Dazhi Chong, Hui Shi and Yong Chen
When integrating smart elements offered by emergent technologies, libraries are facing the challenges of technological renovation and maintaining their operation using emerging…
Abstract
Purpose
When integrating smart elements offered by emergent technologies, libraries are facing the challenges of technological renovation and maintaining their operation using emerging technology. Given the importance of smart library, new technologies are needed in building new libraries or renovation of existing libraries. The purpose of this paper is to propose a risk warning system for library construction or renovation in the aspect of risk management.
Design/methodology/approach
The proposed Internet of Things (IoT)-based system consists of sensors that automatically monitor the status of materials, equipment and construction activities in real time. AI techniques including case-based reasoning and fuzzy sets are applied.
Findings
The proposed system can easily track material flow and visualize construction processes. The experiment shows that the proposed system can effectively detect, monitor and manage risks in construction projects including library construction.
Originality/value
Compared with existing risk warning systems, the proposed IoT-based system requires less data for making dynamic predictions. The proposed system can be applied to new builds and renovation of libraries.