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Article
Publication date: 13 December 2021

Yadong Shu, Ying Dai, Zujun Ma and Zhijun Hu

This study explores the impact of EN's (venture entrepreneurs, simplified as EN) jealousy fairness concerns coefficient on two-stage venture capital decision-making in cases of…

160

Abstract

Purpose

This study explores the impact of EN's (venture entrepreneurs, simplified as EN) jealousy fairness concerns coefficient on two-stage venture capital decision-making in cases of symmetrical and asymmetrical information. It discusses the equilibrium solution of two-stage venture.

Design/methodology/approach

The principal-agent model was established based on multiple periods, and differentiated contracts were established at different stages. The validity of the models and the contract was verified by numerical simulation.

Findings

The results suggest that with the increase in the EN fairness concerns coefficient, the effort level of EN decreases continuously and decreases faster in the second stage because this is the last stage. The level of VC's (venture capitalist, simplified as VC) effort declines first and then increases; that is, VC will increase the effort level when the fairness concerns coefficient increases to a certain threshold. To motivate EN to pay more effort, VC will increase the incentive to EN in the first stage. However, it will reduce the level of incentive to EN in the second stage. In the limited stage of venture investment, consider that the fairness concerns of EN do not make the profits of EN and VC achieve Pareto improvement simultaneously.

Originality/value

First, the authors implanted fairness concerns into multi-stage venture capital and discussed the impact of fairness concerns on the efforts and returns of both parties. Second, among the influencing factors of the project output, the authors consider the bilateral efforts of EN and VC, the working capacity of EN, the initial investment scale, and the external uncertain environment.

Details

Kybernetes, vol. 52 no. 1
Type: Research Article
ISSN: 0368-492X

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Article
Publication date: 6 May 2024

Suyun Liu, Hu Liu, Ningning Shao, Zhijun Dong, Rui Liu, Li Liu and Fuhui Wang

Polyaniline (PANI) has garnered attention for its potential applications in anticorrosion fields because of its unique properties. Satisfactory outcomes have been achieved when…

153

Abstract

Purpose

Polyaniline (PANI) has garnered attention for its potential applications in anticorrosion fields because of its unique properties. Satisfactory outcomes have been achieved when using PANI as a functional filler in organic coatings. More recently, research has extensively explored PANI-based organic coatings with self-healing properties. The purpose of this paper is to provide a summary of the active agents, methods and mechanisms involved in the self-healing of organic coatings.

Design/methodology/approach

This study uses specific doped acids and metal corrosion inhibitors as active and self-healing agents to modify PANI using the methods of oxidation polymerization, template synthesis, nanosheet carrier and nanocontainer loading methods. The anticorrosion performance of the coatings is evaluated using EIS, LEIS and salt spray tests.

Findings

Specific doped acids and metal corrosion inhibitors are used as active agents to modify PANI and confer self-healing properties to the coatings. The coatings’ active protection mechanism encompasses PANI’s own passivation ability, the adsorption of active agents and the creation of insoluble compounds or complexes.

Originality/value

This paper summarizes the active agents used to modify PANI, the procedures used for modification and the self-healing mechanism of the composite coatings. It also proposes future directions for developing PANI organic coatings with self-healing capabilities. The summaries and proposals presented may facilitate large-scale production of the PANI organic coatings, which exhibit outstanding anticorrosion competence and self-healing properties.

Details

Anti-Corrosion Methods and Materials, vol. 71 no. 4
Type: Research Article
ISSN: 0003-5599

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Article
Publication date: 14 March 2015

ZhiJun Xu, Xiaobing Liu, Chunguang Bai and Lijie Hu

As green marketing is a critical function of green supply chain management, it has generated a great deal of discussion in public discourse and academic research. Interestingly…

421

Abstract

As green marketing is a critical function of green supply chain management, it has generated a great deal of discussion in public discourse and academic research. Interestingly, there is a gap in the research on how a company can effectively invest and manage various green marketing activities. Thus this paper aims to introduce a grey multiple criteria decision-making methodology to investigate the relationships between green marketing activities and performance outcomes (environmental and business performance). This paper seeks to make the following contributions to the green supply chain management literature. First, review the literature to identify implementation activities for green marketing from green supply chain management literature. Second, develop a methodology to evaluate relationships of green marketing activities by integrating grey number and rough set method. Third, obtain various decision rules relating the various green marketing activities to the environmental and/or business performance outcomes through an illustrative application within an incomplete information system. Knowing those rules to help in the implementation, management, and evaluation of these green marketing activities is valuable to both researchers and practitioners. Included in the discussion are insights into how these rules for individual and aggregated performance (environmental, business, and joint performance) may be evaluated. Practical and research implications of this work are detailed in the final section of this paper.

Details

International Journal of Innovation Science, vol. 7 no. 1
Type: Research Article
ISSN: 1757-2223

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Article
Publication date: 1 November 2024

Silu Pang, Guihong Hua and Zhijun Yan

This study investigates the heterogeneous impact of R&D capital market distortions (CMDs) on the quantity and quality of innovation in Chinese firms by exploring key pathways from…

38

Abstract

Purpose

This study investigates the heterogeneous impact of R&D capital market distortions (CMDs) on the quantity and quality of innovation in Chinese firms by exploring key pathways from a dual-arbitrage perspective.

Design/methodology/approach

Using data from Chinese A-share listed companies (2015–2021), we employ a multidimensional fixed effects model to validate the research hypotheses. Under the Systems of National Accounts (SNA, 2008) framework, we use the Bureau of Economic Analysis method to estimate enterprise R&D capital stock and the Cobb-Douglas production function to estimate R&D CMDs.

Findings

Results show that R&D CMDs drive firms toward strategic innovation, emphasizing quantity over quality. Policy arbitrage, including policy catering and rent-seeking, emerges as a pivotal mechanism under R&D CMDs, encouraging firms to prioritize quantity over quality in innovation. High-technology firms and those in the decline stage are more inclined to spearhead strategic innovation within the context of R&D CMDs.

Practical implications

These findings help policymakers promote high-quality innovation in Chinese enterprises by enhancing patent review mechanisms and shifting policies from quantity-driven to quality-oriented goals.

Originality/value

This study enriches the research on factor market distortions and innovation in emerging markets from the perspective of R&D CMDs, based on the “emerging + transitional” comprehensive framework. Unlike previous studies, which generally use enterprise R&D expenditure flow data, we apply the theory of R&D capitalization accounting to the micro-enterprise level under the SNA (2008) framework, enhancing the accuracy of R&D CMD estimations.

Details

China Finance Review International, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2044-1398

Keywords

Available. Open Access. Open Access
Article
Publication date: 21 June 2021

Bufei Xing, Haonan Yin, Zhijun Yan and Jiachen Wang

The purpose of this paper is to propose a new approach to retrieve similar questions in online health communities to improve the efficiency of health information retrieval and…

540

Abstract

Purpose

The purpose of this paper is to propose a new approach to retrieve similar questions in online health communities to improve the efficiency of health information retrieval and sharing.

Design/methodology/approach

This paper proposes a hybrid approach to combining domain knowledge similarity and topic similarity to retrieve similar questions in online health communities. The domain knowledge similarity can evaluate the domain distance between different questions. And the topic similarity measures questions’ relationship base on the extracted latent topics.

Findings

The experiment results show that the proposed method outperforms the baseline methods.

Originality/value

This method conquers the problem of word mismatch and considers the named entities included in questions, which most of existing studies did not.

Details

International Journal of Crowd Science, vol. 5 no. 2
Type: Research Article
ISSN: 2398-7294

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Article
Publication date: 22 June 2021

Zhijun Wan, Shuyue Huang and Hwansuk Chris Choi

This study modified, revised and validated a travel safety attitude scale (TSAS) using data collected from Canadian residents with out-of-country travel experiences.

660

Abstract

Purpose

This study modified, revised and validated a travel safety attitude scale (TSAS) using data collected from Canadian residents with out-of-country travel experiences.

Design/methodology/approach

The authors proposed a higher component model (HCM) of TSAS, using a reflective-formative measurement model. In consultation with eight experts, a set of purified TSAS items was revised by checking wording and content. A questionnaire was administered to 531 participants using Amazon Mechanical Turk. The scale was validated with the partial least squares method of structural equation modelling (PLS-SEM), and the analysis was performed using SmartPLS 3.0.

Findings

The final results suggested a five-factor solution with 27 items, with a satisfactory level of reliability and validity at the first-order (reflective) and second-order (formative) constructs. The predictive validity result showed that TSAS is negatively related to tourist risk-taking intention.

Research limitations/implications

TSAS advanced research on travel safety attitudes and demonstrated the feasibility of using PLS-SEM in examining the Type II model. Future studies can focus on replicating the study in other countries, adding more variables for predictive validity tests and examining the interrelationship with affective attitudes.

Practical implications

The authors suggested a more proactive approach to assess tourist safety attitudes based on travel safety information (TSI), health concern (HC), vulnerability to crime (VTC), personal safety (PES) and police safety (PS), listed in descending order of importance.

Originality/value

The study results provide directions for destination marketing organizations to allocate resources to maintain a positive travel safety attitude from potential and current tourists.

Details

Journal of Hospitality and Tourism Insights, vol. 5 no. 5
Type: Research Article
ISSN: 2514-9792

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Book part
Publication date: 7 October 2015

Abstract

Details

Chinese Railways in the Era of High-Speed
Type: Book
ISBN: 978-1-78441-984-4

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Article
Publication date: 13 April 2015

Hao Liu, Yujuan Zhang, Shengmao Zhang, Yanfen Chen, Pingyu Zhang and Zhijun Zhang

The purpose of this paper is synthesis of oil-soluble non-spherical nanoparticles modified with free phosphorus and sulphur modifier and investigation of their tribological…

233

Abstract

Purpose

The purpose of this paper is synthesis of oil-soluble non-spherical nanoparticles modified with free phosphorus and sulphur modifier and investigation of their tribological properties as environment-friendly lubricating oil additives.

Design/methodology/approach

To study the effect of morphology of nanoparticles on their tribological properties, rice-like CuO nanoparticles were synthesized. To improve the solubility of CuO nanoparticles in organic media, the in-situ surface modification method was used to synthesize these products. The morphology, composition and structure of as-synthesized CuO nanoparticles were investigated by means of transmission electron microscopy, X-ray powder diffraction, thermogravimetric analysis and Fourier transform infrared spectrometry. The tribological properties of as-synthesized CuO nanoparticles as an additive in liquid paraffin (LP) were evaluated with a four-ball tribometer. The morphology and elemental composition of worn steel ball surfaces were analysed by X-ray photoelectron spectroscopy.

Findings

It has been found that as-synthesized CuO nanoparticles with rice-like morphology have an average size of 7 and 15 nm along the shorter axle and longer axle, respectively, and can be well-dispersed in LP. Tribological properties evaluation results show that as-synthesized CuO nanoparticles as additives in LP show good friction-reducing, anti-wear and load-carrying capacities, especially under a higher normal load.

Originality/value

Oil-soluble rice-like CuO nanoparticles without phosphorus and sulphur were synthesized and their tribological properties as lubricating oil additives were also investigated in this paper. These results could be very helpful for application of CuO nanoparticles as environment-friendly lubricating oil additives, owing to their free phosphorus and sulphur elements characteristics.

Details

Industrial Lubrication and Tribology, vol. 67 no. 3
Type: Research Article
ISSN: 0036-8792

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Book part
Publication date: 28 August 2015

Lowell Dittmer

China’s swift economic rise, as symbolized by the first Chinese Olympics and by surpassing Japan to become the world’s second largest economy despite the recent global financial…

Abstract

China’s swift economic rise, as symbolized by the first Chinese Olympics and by surpassing Japan to become the world’s second largest economy despite the recent global financial meltdown, has been accompanied by a transformation of Chinese foreign policy behavior. After spending the last decade emphasizing China’s “peaceful rise” or “peaceful development,” Beijing has begun to expound its policy preferences and territorial claims more forthrightly, even assertively. The purpose of this chapter will be to consider the origins, consequences, and likely future of the new Chinese foreign policy in the wake of the leadership transition at the 18th Party Congress in 2012 and the 12th National People’s Congress in 2013.

Details

Asian Leadership in Policy and Governance
Type: Book
ISBN: 978-1-78441-883-0

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Article
Publication date: 2 April 2019

Vikas Kumar, Ihsan Sezersan, Jose Arturo Garza-Reyes, Ernesto D.R.S. Gonzalez and Moh’d Anwer AL-Shboul

In recent years, circular economy (CE) has come to prominence as an alternative to the classic approach of “make-use-dispose”. How companies can exploit the opportunities of CE to…

8745

Abstract

Purpose

In recent years, circular economy (CE) has come to prominence as an alternative to the classic approach of “make-use-dispose”. How companies can exploit the opportunities of CE to position themselves better are not well articulated in the literature. The purpose of this paper, therefore, is to identify the barriers and opportunities of CE in the manufacturing sector through a socio-political, economic, legal and environmental perspective.

Design/methodology/approach

The study adopts a positivist approach, which is deductive in nature. A survey questionnaire was designed and distributed to manufacturing companies operating in the UK and EU. The study used FAME database and social networking platform LinkedIn to identify manufacturing companies. More than 200+ companies were approached for this study and data collection lasted over two months.

Findings

The study provides a comprehensive review of the CE literature and identifies a number of barriers and opportunities to CE implementation from a socio-political, economic, legal and environmental perspective. The findings highlight key barriers, opportunities and benefits of CE for the manufacturing industries operating in the UK and EU.

Research limitations/implications

The findings are limited to 63 responses from the survey questionnaire distributed to manufacturing companies in the UK and EU. The present study aims to equip manufacturers with necessary understanding of the key opportunities and barriers to address the challenges encountered during the implementation of CE.

Originality/value

This study adds to the limited empirical literature on CE barriers and opportunities to manufacturing organisations operating in the UK and EU. The paper also identifies barriers and opportunities of CE from a socio-political, economic, legal and environmental lens.

Details

Management Decision, vol. 57 no. 4
Type: Research Article
ISSN: 0025-1747

Keywords

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