Feng Xu, Xueru Yang and Xiaogang He
Political connections are widely acknowledged as an effective political strategy for achieving firm value. However, surprisingly little is known about the association between…
Abstract
Purpose
Political connections are widely acknowledged as an effective political strategy for achieving firm value. However, surprisingly little is known about the association between political connections and individual-level outcomes (e.g. subjective well-being) and the underlying mechanism for this link.
Design/methodology/approach
Drawing on the schematic model of social capital and entrepreneurship and utilizing a sample of rural Chinese entrepreneurs, the authors developed and tested a multilevel model delineating the impact of political connections on entrepreneur well-being (job and life satisfaction) via the mediating roles of bribing behavior and institutional trust at individual and provincial levels.
Findings
Multilevel analyses revealed that at the individual level, political connections were positively associated with job and life satisfaction; bribing behavior and institutional trust served as partial mediators of these associations. These effects were deviated when examining them at the provincial level.
Research limitations/implications
The theoretical implications concerning the political connections and subjective well-being effects as well as comparative entrepreneurship were discussed.
Practical implications
Further, the authors provide guidance for both entrepreneurs and policymakers.
Originality/value
The study linked political connections to entrepreneurs' subjective well-being which is increasingly seen as an important ingredient of personal success via distinguishing the individual-level effects from the provincial-level effects. Thus, the study further contributes to the contextualized understanding of the entrepreneurship literature.
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China's defense industry is analyzed by comparing the technical level of the military and civilian products manufactured by China's nuclear, space, aviation, shipbuilding…
Abstract
China's defense industry is analyzed by comparing the technical level of the military and civilian products manufactured by China's nuclear, space, aviation, shipbuilding, ordnance, and electronics industries with their advanced counterparts. Generally, China's defense industry is about 20 years behind the global leaders. Thus, it is inappropriate to declare China's emergence as the world’s second military power. However, if it continues on its current development trajectory, it will attain that status in the near future.
Qing Jiang, Yuhang Wan, Xiaoqian Li, Xueru Qu, Shengnan Ouyang, Yi Qin, Zhenyu Zhu, Yushu Wang, Hualing He and Zhicai Yu
This study aims to evaluate the thermal performance of sodium alginate (SA) aerogel attached to nano SiO2 and its radiative cooling effect on firefighting clothing without…
Abstract
Purpose
This study aims to evaluate the thermal performance of sodium alginate (SA) aerogel attached to nano SiO2 and its radiative cooling effect on firefighting clothing without environmental pollution.
Design/methodology/approach
SA/SiO2 aerogel with refractory heat insulation and enhanced radiative cooling performance was fabricated by freeze-drying method, which can be used in firefighting clothing. The microstructure, chemical composition, thermal stability, and thermal emissivity were analyzed using Fourier transform infrared spectroscopy, scanning electron microscopy, thermogravimetric analyzer and infrared emissivity measurement instrument. The radiative cooling effect of aerogel was studied using thermal infrared imager and thermocouple.
Findings
When the addition of SiO2 is 25% of SA, the prepared aerogel has excellent heat insulation and a high radiative cooling effect. Under a clear sky, the temperature of SA/SiO2 aerogel is 9.4°C lower than that of pure SA aerogel and 22.1°C lower than that of the simulated environment. In addition, aerogel has more exceptional heat insulation effect than other common fabrics in the heat insulation performance test.
Research limitations/implications
SA/SiO2 aerogel has passive radiative cooling function, which can efficaciously economize global energy, and it is paramount to environment-friendly cooling.
Practical implications
This method could pave the way for high-performance cooling materials designed for firefighting clothing to keep maintain the wearing comfort of firefighters.
Originality/value
SA/SiO2 aerogel used in firefighting clothing can release heat to the low-temperature outer space in the form of thermal radiation to achieve its own cooling purpose, without additional energy supply.
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Nisha Mary Thomas, Priyam Mendiratta and Smita Kashiramka
Owing to the dramatic rise of FinTech credit in the financial sector, this study describes its knowledge and intellectual structure and paves the way for future research.
Abstract
Purpose
Owing to the dramatic rise of FinTech credit in the financial sector, this study describes its knowledge and intellectual structure and paves the way for future research.
Design/methodology/approach
The study employs citation analysis, keyword analysis, co-author analysis, co-citation analysis and bibliographic coupling on 268 peer-reviewed articles published during 2010–2021 and extracted from the Web of Science database.
Findings
Research on FinTech credit has picked up momentum from 2016, with majority contributions from China, followed by UK and USA. International Journal of Bank Marketing is found to be the most productive journal. Co-citation analysis reveals that past studies have focused on three dominant themes, viz. (a) factors that influence user intention to adopt technological products and services (b) borrowers' and lenders' characteristics that impact fund-raising in FinTech credit platforms and (c) evolution of FinTech market over the years. Bibliographic coupling reveals that recent trends in FinTech credit include (a) impact of emerging technologies like blockchain, artificial intelligence, big data on financial system, (b) factors that encourage consumers to adopt the FinTech products and services, (c) mechanisms by which FinTechs have transformed formal credit markets, (d) factors that lead to successful fundraising in FinTech platforms and (e) critical perspectives on digital lending platforms.
Originality/value
To the best of the authors' knowledge, this is a pioneering study undertaking an exhaustive analysis of FinTech credit as a research area. The study offers valuable insights on potential topics of research in FinTech credit domain like investigating Balance Sheet Lending Model, investigating the impact of FinTechs on financial system, and new markets by collaborating with scholars of other regions.