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1 – 10 of 19Claudio Petti and Shujun Zhang
This study aims to advance and test a multi-dimensional operationalization of absorptive capacity (ACAP) to ascertain its mediating role in the transformation of R&D expenses in…
Abstract
Purpose
This study aims to advance and test a multi-dimensional operationalization of absorptive capacity (ACAP) to ascertain its mediating role in the transformation of R&D expenses in actual performance.
Design/methodology/approach
This study departs from the conceptualization of ACAP as a reflective higher-order R&D-based construct, by specifying ACAP into its components and using an operationalization that encompasses both R&D and non-R&D measures to perform mediation analysis on a sample of 1,096 Chinese mainland firms.
Findings
This study's findings report evidence of positive but different roles of the components of ACAP, with specific reference to the positive but partial mediating role of realized ACAP between both R&D expenses and potential ACAP on a firm’s performance. Relevant research and practical implications for both management and policymaking are discussed.
Originality/value
The approach to ACAP conceptualization and measurement taken in this study provides empirical support to an often assumed and, incidentally, under-explored relationship. Moreover, it contributes with a multi-dimensional, non-exclusively R&D-based and process-oriented perspective to the analysis of the role played by ACAP in Chinese firms’ R&D effectiveness.
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Shujun Zhang, Jialiang Fu, Weiwei Zhu, Guoxiong Zhao, Shuwei Xu and Biqing Chang
This study investigates the economic outcomes of the strategic deviation (SD), the fundamental and crucial question in institutional theory and strategic management. Previous…
Abstract
Purpose
This study investigates the economic outcomes of the strategic deviation (SD), the fundamental and crucial question in institutional theory and strategic management. Previous studies have yielded contradictory findings. This study reconciles conflicting results by distinguishing the effects of the SD on financial and market performance, examining the mechanism of financing constraints and the boundary condition of institutional investor heterogeneity.
Design/methodology/approach
This research collected data from Chinese A-shares listed manufacturing firms from 2009 to 2021 from the CSMAR and Wind databases. This study conducted empirical tests using OLS models with Stata 15.
Findings
Empirical results demonstrate that the SD has different impacts on different dimensions of performance. The SD negatively impacts financial performance while positively impacts market performance. Financing constraints mediate the main effects. Moreover, transactional institutional investors positively moderate the negative effect of the SD on financial performance, whereas stable institutional investors negatively moderate the positive effect of the SD on market performance.
Originality/value
By systematically revealing how the SD has different effects on financial and market performance, this study reconciles the debate on the SD between institutional theorists and strategy scholars. This research makes contributions to the research stream by providing reasonable explanations for conflicting conclusions. Furthermore, by introducing the overlooked perspective of financing constraints, this research identifies crucial mediating mechanisms and highlights the double-edged effect of financing constraints, enriching our understanding of financing constraints. Finally, this study investigates the moderating effects of institutional investor heterogeneity, thereby making valuable contributions to the comprehension of boundary conditions.
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Claudio Petti and Shujun Zhang
Technological entrepreneurship concerns the transformation of potentially viable technological opportunities into successful businesses. Absorptive capacity is argued to be…
Abstract
Purpose
Technological entrepreneurship concerns the transformation of potentially viable technological opportunities into successful businesses. Absorptive capacity is argued to be essential for this transformation, since it can facilitate the prediction of new technology trends and the assimilation and application of new knowledge to produce new commercial outputs. The investigation of the relationships between absorptive capacity, technological entrepreneurship and their impact on Guangdong technology firms' performance is the purpose of this study.
Design/methodology/approach
In this aim a positive causal chain from absorptive capacity to technological entrepreneurship and from this latter to performance is tested through a mediation analysis, which uses an ordinary least squares regression‐based path analytical framework for estimating indirect effects on a sample of 113 Guangdong technology‐based firms.
Findings
Findings are consistent with the hypothesis that greater absorptive capacity leads to greater technological entrepreneurship, which in turn leads to greater performance. Therefore evidence is provided about both the mediating role of technological entrepreneurship and the role of absorptive capacity as its antecedent in relation to Guangdong‐based technology firms' performance.
Originality/value
A relevant but somewhat neglected relationship is examined using an integrative model in the Guangdong context. Moreover the study uses direct measures of absorptive capacity as a capability and provides a firm‐level operationalization of technological entrepreneurship. In so doing it also adopts state‐of‐the‐art analysis techniques and highlights the relevance of investments in soft factors for Guangdong technology firms' path towards excellence.
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Claudio Petti and Shujun Zhang
This study seeks to address the issue of the factors influencing Chinese enterprises technological entrepreneurship capabilities. This study is particularly relevant in light of…
Abstract
Purpose
This study seeks to address the issue of the factors influencing Chinese enterprises technological entrepreneurship capabilities. This study is particularly relevant in light of the driving role given to enterprises in the process of transforming China into an innovation‐oriented nation and leading science power.
Design/methodology/approach
The paper draws on a broad literature review, covering various theoretical fields in International as well as Chinese management literature, to develop an integrated research framework. Relying on a multi‐disciplinary and multi‐level approach, the framework highlights a number of internal processes and external network attributes, their interactions and moderating relationships as related to their impact on Chinese enterprises technological entrepreneurship capabilities and their contributions to business performance.
Findings
The paper offers an overview of the factors that affect technological entrepreneurship capabilities, with particular reference to Chinese enterprises. Also, the study highlights some understudied issues and points to a number of research directions of specific relevance for the Chinese context. In this aim, a number of theoretical propositions have been identified.
Originality/value
The paper provides an integrated multi‐disciplinary and multi‐level research framework that organizes the body of knowledge, scattered in different literature and contexts, in a state‐of‐the‐art piece of the research into technology entrepreneurship capabilities, as well as to identify more specific research questions, model, testable hypothesis and related studies that build on and add value to previous research.
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Xiaohua Su, Haidong Peng, Shujun Zhang and Yun Rong
– The purpose of this paper is to explore the legitimacy needs and legitimation strategies of Internet start-ups in the context of industry dynamism.
Abstract
Purpose
The purpose of this paper is to explore the legitimacy needs and legitimation strategies of Internet start-ups in the context of industry dynamism.
Design/methodology/approach
The purpose of this paper is to explore the legitimacy needs and legitimation strategies of Internet start-ups in the context of industry dynamism.
Findings
The authors found that Internet start-ups are in great need of acquiring market and relational legitimacy at their nascent stages. Conformance to the environment is widely adopted by them as a legitimacy-enhancing strategy. There is an inverted “U” relationship between the maturity of the industry and the proactivity of any legitimation strategy in the sector. In the face of high- and low-level industry maturity, start-ups tend to employ prudent strategies to build up legitimacy. While in medium-mature industries, ventures are more likely to adopt proactive and aggressive strategies.
Research limitations/implications
Due to the very nature of case methodology, this study is based on a small number of observations and it is set in the context of the Internet industry. The generalizability of its findings needs to be reinforced by further concrete studies.
Practical implications
This paper suggests that industry dynamism should be taken into account carefully when implementing a choice of legitimation strategies.
Originality/value
This study makes an attempt to further our understanding of how industry dynamism influences firms’ choices of legitimation strategies.
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Chenchen Hua, Zhigeng Fang, Yanhua Zhang, Shujun Nan, Shuang Wu, Xirui Qiu, Lu Zhao and Shuyu Xiao
This paper aims to implement quality of service(QoS) dynamic optimization for the integrated satellite-terrestrial network(STN) of the fifth-generation Inmarsat system(Inmarsat-5).
Abstract
Purpose
This paper aims to implement quality of service(QoS) dynamic optimization for the integrated satellite-terrestrial network(STN) of the fifth-generation Inmarsat system(Inmarsat-5).
Design/methodology/approach
The structure and operational logic of Inmarsat-5 STN are introduced to build the graphic evaluation and review technique(GERT) model. Thus, the equivalent network QoS metrics can be derived from the analytical algorithm of GERT. The center–point mixed possibility functions of average delay and delay variation are constructed considering users' experiences. Then, the grey clustering evaluation of link QoS is obtained combined with the two-stage decision model to give suitable rewards for the agent of GERT-Q-learning, which realizes the intelligent optimization mechanism under real-time monitoring data.
Findings
A case study based on five time periods of monitoring data verifies the adaptability of the proposed method. On the one hand, grey clustering based on possibility function enables a more effective measurement of link QoS from the users' perspective. On the other hand, the method comparison intuitively shows that the proposed method performs better.
Originality/value
With the development trend of integrated communication, STN has become an important research object in satellite communications. This paper establishes a modular and extensible optimization framework whose loose coupling structure and flexibility facilitate management and development. The grey-clustering-based GERT-Q-Learning model has the potential to maximize design and application benefits of STN throughout its life cycle.
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Weihua Xu, Shujun Zhou, Ketong Zhao, Yixuan Shi and Sun Bingzhen
The purpose of this paper is to focus on determining the optimal sales price for non-instantaneous deterioration items according to consideration of freshness and demand.
Abstract
Purpose
The purpose of this paper is to focus on determining the optimal sales price for non-instantaneous deterioration items according to consideration of freshness and demand.
Design/methodology/approach
In this model, the authors have described the demand function which is dependent on price as well time. The products that the deterioration is considered as non-instantaneous have a determinate shelf life, and their demand rate will decrease over time after the beginning of the selling period. This paper depicts that the total profit of non-instantaneous deterioration items using the dynamic pricing strategy is higher than that using fixed pricing strategy.
Findings
Finally, to illustrate and validate the model, the authors have used some numerical examples. A new freshness function and the model to study pricing policy are developed as well applied to solve managerial decision problems.
Originality/value
This paper complements the lack of the existing theoretical research of pricing for non-instantaneous deterioration items under an e-commerce environment. A new freshness function and the model to study pricing policy are developed as well applied to solve managerial decision problems.
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Shujun Zhou, Bingzhen Sun, Weimin Ma and Xiangtang Chen
The purpose of this paper is to present a new method and model for determining the optimal decision-making for the pricing strategy to the Fuji apple in Shaanxi of Chain which is…
Abstract
Purpose
The purpose of this paper is to present a new method and model for determining the optimal decision-making for the pricing strategy to the Fuji apple in Shaanxi of Chain which is representing fresh agricultural products under the e-commerce environment.
Design/methodology/approach
Considering the rapid development of information technology as well as internet that actually motivate the e-commerce, Fuji apple is a distinctive product in China’s Shaanxi; its sales channels have extended to online sales under the wave of e-commerce. Internet trading platforms make it possible to trade online in real time between suppliers and customers who live in different geographical areas. In this paper, the authors study how to price online to maximize the total revenue. The challenge is to optimally price two different qualities of apple. Based on the consumer surplus theory, the authors use the method that builds the function of the relationship between the proportion of consumers purchasing different qualities of products and price.
Findings
This paper presents a generalized model to determine the optimal pricing that maximizes the total revenue of a fruit grower over a finite planning horizon. The authors divided discount into two intervals and discussed the optimal discounting and pricing at both intervals. Then they determined the optimal pricing strategy for Fuji apple in Shaanxi of Chain under the e-commerce environment.
Originality/value
This paper makes up for the lack of existing studies of pricing under the e-commerce environment. A new method and approach to the traditional pricing strategy is established and applied to a management decision-making problem with Chinese characteristics in reality.
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Yun Zhao, Fang Li, Shujun Chen and Zhenyang Lu
The purpose of this paper is to develop a build strategy for inclined thin-walled parts by exploiting the inherent overhanging capability of the cold metal transfer (CMT) process…
Abstract
Purpose
The purpose of this paper is to develop a build strategy for inclined thin-walled parts by exploiting the inherent overhanging capability of the cold metal transfer (CMT) process, which release wire-arc additive manufacturing from tedious programming work and restriction of producible size of parts.
Design/methodology/approach
Inclined thin-walled parts were fabricated with vertically placed welding torch free from any auxiliary equipment. The inclined features were defined and analyzed based on the geometrical model of inclined parts. A statistical prediction model was developed to describe the dependence of inclined geometrical features on process variables. Based on these models, a build strategy was proposed to plan tool path and output process parameters. After that, the flow work was illustrated by fabricating a vase part.
Findings
The formation mechanism and regulation of inclined geometrical features were revealed by conducting experimental trials. The inclined angle can be significantly increased along with the travel speed and offset distance, whereas the wall width is mainly dependent on the ratio of wire feed speed to travel speed. In contrast to other welding process, CMT has a stronger overhanging capability, which provides the possibility to fabricate parts with large overhanging features directly with high forming accuracy.
Originality/value
This paper describes a novel build strategy for inclined thin-walled parts free from any auxiliary equipment. With the proposed strategy, a complex structural component can be deposited directly in the rectangular coordinates additive manufacturing system, indicating infinite possibilities on the producible size of the parts. Moreover, equipment requirements and tedious program work can also be significantly reduced.
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Hongyan Tian, Jianbing Sang, Rihan Ao and Shujun Hou
As a good absorbing material candidate, a functionally graded wave absorber can be tailored to satisfy the impedance match principle by gradually changing material property. The…
Abstract
Purpose
As a good absorbing material candidate, a functionally graded wave absorber can be tailored to satisfy the impedance match principle by gradually changing material property. The paper aims to discuss these issues.
Design/methodology/approach
The electromagnetic wave absorption properties are discussed. An analysis model is proposed to provide an insight into its mechanical characteristics during wave absorption. Considering the energy-converting and thermal deformation properties, the thermoelastic behaviors of an absorber are analyzed by numerical method. The effects of material and geometrical properties are discussed in detail.
Findings
The results demonstrate that absorbing effect of graded composite is enhanced. Good performance of low reflectance and high absorption with gentle thermal stress distribution can be obtained by proper designing of the gradient absorber.
Originality/value
Functionally graded materials exhibit a progressive compositional gradient change along certain dimension of structures, which can be used as absorbing materials for the gradual change of material property tailored to satisfy the principle of impedance match. The design of functionally graded absorbing materials usually should consider not only the electromagnetic performance, but also the mechanical properties simultaneously. Therefore, few investigations have addressed the mechanical characteristics of absorbers. This paper presents some studies on the electromagnetic, especially mechanical behaviors during electromagnetic wave absorption. It is helpful to provide mechanical reference for designing an absorber.
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