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22 March 2010, Volume 31 Issue 2 Previous Issue    Next Issue

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The impact of formal and informal control over IJV’ technical innovation —An empirical study based on the host parent firms’ perspective Xie Hongming, Wang Xiaoling, Luo Huiling, Wang Xianbiao 2010, 31(2): 1-8 .  Abstract ( 1881 )   PDF (1065KB) ( 2396 )   Abstract: The innovation capability is becoming more and more important for International Joint Venture (IJV) to build and maintain a competitive advantage. Host parent firms, which are in a vulnerable situation of technology and management in relation to the foreign parent company, must seek effective management ways to control over IJV in order enhance the learning and performance of IJV. This issue is urgent to solve both in theory and in practice, and is in the forefront of related research area. The impact of mechanisms for the formal and informal control by the host parent company on IJV technical innovation is discussed with 96 samples of IJV in South China. The results show that social control by the host parent company contributes to IJV internal knowledge integration and management innovation positively; knowledge integration played a role of intermediary in this process. It is proved that there exist mutual positive relations between formal and informal control of host parent companies, and formal control of host parent firms has a direct positive effect on IJV’ technical innovation. Related Articles | Metrics

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Review on the relationship between technology alliance and innovation Wang Feirong1, Chen Jin2 2010, 31(2): 9-17 .  Abstract ( 1614 )   PDF (983KB) ( 2338 )   Abstract: The fast growth of technology alliances is adapted to the current trend of innovation that is from isolation to alignment and from relying on internal resources to acquiring external resources. Based on the notion of technology alliances, the relationship between technology alliances and innovation is reviewed from the angles of theory, methods, and empirical study. At the end, research shortages, future research directions, and revelation for management are pointed out. Related Articles | Metrics

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The spillover effect of R&D investment on TFP Cao Ze1,2, Li Dong1 2010, 31(2): 18-25 .  Abstract ( 1896 )   PDF (1551KB) ( 3021 )   Abstract: The panel data models is employed to conduct the econometric analysis upon the data concerning Total Factor Productivity(TFP) and types of R&D investment, etc. of eastern, central and western regions of China from 1995 to 2007, it is revealed that different types of R&D investment has a positive effect on TFP growth; however, spillover effects of R&D activities are different. The R&D cumulative investment from outside region (technology introduction costs) results in the largest effect on the TFP growth; R&D cumulative investment of universities and institutes leads to the smallest effect on the TFP growth; and the effect of enterprise R&D cumulative investment on the TFP growth lies in the middle between the two poles; The effect of the regional independent innovation on the TFP in the eastern region is larger than that in the central and the western regions; the effect of technical introduction on the TFP in the western region is larger than that in the central region, while the effect on the TFP in the central region is larger than that in the eastern region. At the same time, the R&D activities of the different types interact each other differently in terms of the degree and the direction, provide the reference for formulating policies of science and technology. Related Articles | Metrics

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Theoretical mechanism and evidence of the technology innovation facilitated by the urbanization Cheng Kaiming 2010, 31(2): 26-34 .  Abstract ( 1806 )   PDF (1015KB) ( 2038 )   Abstract: Innovation plays a more and more prominent role in the society. It is an important way for the sustainable development according to enhancing innovation capability. Comparing with the village, characters of cities are propitious to the innovation. Urbanization creates favorable conditions for innovation diffusion. The correlation analysis shows that urbanization is highly positive correlated with technology innovation. Causality tests reveal the Granger causality between urbanization and technology innovation. Innovation capability is accordant with the city size. Empirical analysis indicates that urbanization facilitates technology innovation. City size, openness and regional differences also affect the output of innovation. In the end, recommendations for promoting urbanization and fostering innovation advantage are discussed. Related Articles | Metrics

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The real option valuation for the investment in technological innovation under asymmetric information Diao Lilin 2010, 31(2): 35-41 .  Abstract ( 1747 )   PDF (1540KB) ( 1989 )   Abstract: Technological innovation is a complicated system which is characterized by the uncertain products and market as well as irreversible investment. As a method of investment valuation under the uncertainty, a real option is widely applied to the investment of technological innovation. The fact that many firms deploy the principal-agent structure when making investment in technological innovation inevitably raises the problems of information asymmetry, such as the moral hazard and adverse selection of agents. The adverse selection model of the principal-agent framework is applied to the real option valuation of technological innovation investment. First, a real option valuation model is setup under symmetric information, which gives the boundary conditions of investment. In the case of information asymmetry, it is assumed that all of investment cost and part of investment benefit are in public to the both principal and agent while the rest of the benefit is only known by the agent. Under this premise, an adverse selection model with a continuum of possible types is developed by building the profit function based on the real option valuation. Consequently, the model gives the optimal contract of the agent and the investment boundary conditions of the principal. In the end, an example is taken to demonstrate the economic implication of the real option model under asymmetric information. Also, the two models developed under symmetric and asymmetric information are compared, from which, two findings are obtained. One is that all types of agents except the one with the highest productivity have a lower boundary value for the investment under asymmetric information than they do under symmetric information. The other is that all types of agents except the one with the lowest productivity are able to harvest a strictly positive information rent. Related Articles | Metrics

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Knowledge source and enterprises’ innovation: An empirical study based on a data envelopment analysis Li Donghua1, Gu Xiaomin2, Ren Ailian2 2010, 31(2): 42-49 .  Abstract ( 1770 )   PDF (973KB) ( 2303 )   Abstract: R&D and knowledge absorption, which are the majority sources for firms’ innovation, have a different effect on innovation performance. The efficiency of firms’ innovation is measured based on survey data using Data Envelopment Analysis (DEA). The results show that only 4604% of samples lie on the efficiency frontier and the return of scale are decreasing. Lots of inputs have been wasted, especially the knowledge obtained from the cluster and university; and more than half of knowledge has not been fully utilized because of poor internal communication; furthermore, the patent output is shortage. It is also found that expect industry types, all the factors including scale of firms, property right, target markets, as well as whether or not has a own brand, have insignificant effects on the efficiency. Related Articles | Metrics

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An analysis on the secondary innovation endogenous system of technology import Li Guangsi1, Zhu Lili2 2010, 31(2): 50-56 .  Abstract ( 1738 )   PDF (908KB) ( 2419 )   Abstract: Based on an endogenous growth theory, a model involving technology mport for the secondary innovation endogenous system is constructed to analyze the scale of secondary innovation. The scale of secondary innovation is discussed. The results reveal that the effect of the technology import quality on the secondary innovation is uncertainty, the effect of the number of the participants on secondary innovation is also uncertainty, the effect of R&D efficiency on secondary innovation is positive, and the effect of R&D spillover on the secondary innovation is negative. Related Articles | Metrics

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An empirical study of relationship among payment, empowerment, training, career development, and organizational innovation Sun Rui1,2 2010, 31(2): 57-64 .  Abstract ( 1703 )   PDF (932KB) ( 2012 )   Abstract： The existent researches pointed out that the specific practices of human resource management may play a role in promoting organizational innovation. By an empirical method, the relationship between human resources management practices, such as empowerment, extensive training, providing suppot salaries and benefits, pushing activities of career development and organizational innovation was explored. The study showed that career development and extensive training are the main explanation amounts of dependent rariable for the organizational innovation. At the same time, empowerment, extensive training, providing support salaries and benefits, pushing activities of career development have the positive impact on majority dimensions of organizational innovation. It will help understanding the relationship between enterprise human resource management and organizational innovation, make organizational innovation promot strategies more adaptable and targeted. Related Articles | Metrics

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The forming mechanism and countermeasure of innovator’s dilemma Chen Kun 2010, 31(2): 65-73 .  Abstract ( 1712 )   PDF (1107KB) ( 2096 )   Abstract: Whether or not a low level of breakthrough innovation for Chinese firms is related with innovator’s dilemma remains unanswered. Based upon the Christensen’s innovator’s dilemma theory and Andrew S. Grove’s sincere belief about that only the paranoid could survive, the innovator’s dilemma is redefined from a generalized angle. The empirical conclusion indicates that most Chinese firms are sticking in the innovator’s dilemma; marketing tactic capability is a major factor which impedes Chinese firm’s breakthrough innovation; and adopting market paranoia could reverse the negative effect of marketing tactic capability on the breakthrough innovation and improve the positive effect of marketing strategic capability on the breakthrough innovation. Related Articles | Metrics

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Verification for the mediating effect of quality management between advanced manufacturing technology and firm performance: A bootstrap-based structural equation modeling analysis Li Junfeng, Long Yong, Yang Xiutai 2010, 31(2): 74-85 .  Abstract ( 1906 )   PDF (1743KB) ( 2373 )   Abstract: Based on Chongqing manufacturing firms, the mediating role of quality management between advanced manufacturing technology and firm performance is empirically studied by using the bootstrap-based structural equation modeling. The result of three-step mediation test indicates that the direct effect of advanced manufacturing technology on firm performance is insignificant. Advanced manufacturing technology has significant direct impacts on the quality management and the latter on the firm performance. Quality management practices fully mediate the relations between advanced manufacturing technology and firm performance. Further analysis on mediating effects shows that through its transmissive function on core and infrastructure practices of quality management, eventually advanced manufacturing technology indirectly improves firm performance via workforce management practice and process flow management practice. Related Articles | Metrics

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Study on the mechanism of tacit knowledge sharing in postgraduate Teams Chang Yaping, Qin Wu, Yan Jun 2010, 31(2): 86-93 .  Abstract ( 1825 )   PDF (1028KB) ( 2474 )   Abstract: Knowledge sharing, especially tacit knowledge sharing has significant impacts on the performance of team innovation, while there are few positive researches conducted on this subject. Based on the theoretical analysis and in-depth interview, a conceptual model on the correlation between postgraduate team knowledge sharing and its influencing factors is built, and six factors, namely, organizational leadership, organizational culture, knowledge sharing performance, cellectivism value, personal insecurity, and academci pressure are explored. Using the survey data and Structure Equation Model(SEM), the effects of these factors on graduate students’ tacit knowledge sharing behavior in postgraduate teams are studied; some suggestions for improving tacit knowledge sharing in postgraduate teams are presented at last. Related Articles | Metrics

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The science and technology evaluation model based on super-efficiency DEA and its empirical research Chi Guotai1, Sui Cong1, Qi Fei1,2 2010, 31(2): 94-104 .  Abstract ( 1817 )   PDF (1130KB) ( 2275 )   Abstract: According to the scientific developmentview putting people first and aiming at the comprehensive, coordinattive and sustainable development, the comprehensive evaluation system of science and technology is established through widely choosing and filtrating targets, which is fit for 14 province districts. On the basis of the evaluating rules, such as science and technology input/output, impact of science and technology on the economy and society and so on, 14 province districts are classified as three categories-good, medium, and bad by the clustering method and the empirical research conducted on them puts the feasible advice forward using the established science and technology evaluation model based on the super-efficiency DEA. Its features and innovations are as follows: Firstly, it puts together the provinces whose science and technology strengths are close by the clustering method and the DEA is used to evaluate each category so that the phenomenon of anamorphic evaluation results for different kinds of evaluating objects will not happen. Secondly, it reveals the input redundancy and the output deficiency of science and technology for the province districts which don’t reach the optimal efficiency by calculating the input redundancy and the output deficiency. In the light of these results, the feasible advice is provided. Thirdly, according to the impact principle of science and technology on economy, the coordinative and sustainable development are taken into account and a target system of coordinative and sustainable development reflecting the connotation of scinetific development view is set up. Related Articles | Metrics

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An empirical study on the functionality of regional soft environment on SMEs’ competitive advantage elements ——Based on the case of manufacturing industry in Zhejiang province Fan Jun 2010, 31(2): 105-113 .  Abstract ( 1916 )   PDF (1092KB) ( 2209 )   Abstract: As a vital part of external environment, the regional soft environment exerts considerable effects on Small and Medium-sized Enterprises(SMEs’) competitive advantage. Based on the cross-section data of 170 SMEs from seven administrative regions of prefecture and city levels in Zhejiang province, a theoretical model of regional soft environment as a functional element on SMEs’ competitive advantage is established through EFA, CFA, and SEM. The specific functionality of six elements in the regional soft environment on SMEs’ competitive advantage is systematically analyzed. The strategies based on the regional soft environment for SMEs getting competitive advantage are put forward at perspectives of both government and enterprises. Related Articles | Metrics

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A study on the double relativity about capacity parameters of enterprise credit Guan Xiaoyong 2010, 31(2): 114-120 .  Abstract ( 1672 )   PDF (898KB) ( 2085 )   Abstract: Looking at the theoretical and practical works involving the evaluation for enterprise credit in China,the objectivity and scientificness of these works are in doubt by public due to the difference, randomness, and conflict of index systems and index coefficient of the evaluation for enterprise credit.The cause for this situation is lack of study on the relativity between evaluation index, and between enterprise credit and evaluation index.Therefore the double relativity about the evaluation for credit capacity of enterprise is discussed and the conclusion is drawn that the half of evaluation index could be substituted by the other index, less than the half of evaluation index is related to the enterprise credit and their evaluation weights are ascertained based on the index for credit capacity of enterprise and the relativity between enterprise credit. Related Articles | Metrics

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Dispatching of fast consumption goods in large-scale emergency Tang Weiqin1，2, Chen Rongqiu2, Zhao man3, Zhang min2 2010, 31(2): 121-125 .  Abstract ( 1930 )   PDF (1021KB) ( 2624 )   Abstract: In the situation that a large-scale emergency lasts long time, the demand for the fast consumption goods at the emergency demand point is continuous and dynamical. How to determine supply points of emergency commodities, where corresponding quantity of the commodities at every time point are dispatched according to the demand for certain kind of emergency commodity quantity in each period of time in order to keep a minimum emergency cost under the premise that there are many candidate emergency supply points is discussed. The 0-1 mixed integer-programming model is established and the algorithm is given to confirm the validity of the model with the example. Related Articles | Metrics

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The impacts of business-IT coordination mechanism on the organizational assimilation of ERP: An empirical investigation based on the structured theory Yin Guopeng, Chen Yu 2010, 31(2): 126-136 .  Abstract ( 1765 )   PDF (1284KB) ( 2615 )   Abstract: Organizations across China have invested billions of yuans in ERP. But the potential business value of ERP cannot be fully realized until they are extensively assimilated in an organization, and the success cannot be claimed until technology assimilation is ultimately achieved by the organization. A sturctured theory and the concept of meta-structuring actions are drawn on to explain the importance of business-IT coordination mechanism-formal, informal, and high level for achieving higher levels of ERP assimilation within an organization. Survey data are utilized to test a Nomo-logical network of relationships between business-IT coordination mechanism and the extent of organizational assimilation of ERP. It is also offered guidance to the IT managers and practitioners. Related Articles | Metrics

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Research on the performance contribution of IT investment based on the enterprise competence theory Wang Dongqing， Luo Xinxing 2010, 31(2): 137-146 .  Abstract ( 1833 )   PDF (1628KB) ( 2654 )   Abstract: The complexity involving relationship between IT investment and firm performance is discussed from the perspective of IT management. Based on the theory of enterprise competence, the deep-seated mechanism of firm performance arising from IT investment is analyzed and then hypothesises on the relationship between IT investment and firm performance are introduced. Two paired samples from Chinese listed companies are used to test the assumptions. Results from nonparametric tests show that all of the profit ratios, such as ROA,ROS,OIA,OIS, and OIE in the research time window were significantly higher for the IT leaders when compared with the control sample of firms，while cost ratios, such as TOES and COGSS were significantly lower for the IT leaders sample. This shows that the transformation from IT investment to firm performance is a process that IT effectively supports and matches with other organizational resources and capabilities, that is, a process that IT bulids its capability. Related Articles | Metrics

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Analysis on the fair value accounting choice by evolutionary game theory Liu Bin, Xiong Yunlian 2010, 31(2): 147-153 .  Abstract ( 1845 )   PDF (1026KB) ( 2621 )   Abstract: In February, 2006, Chinese Ministry of Finance issues a new accounting standard, Enterprise Accounting Principle No.3- investing real estate. In 2007, only two real estate listed companies introduced the fair value accounting, but 117 real estate listed companies adopted the historical cost accounting. Is this phenomenon a rational choice or tendency toward convergence for the real estate listed companies? Based on the clues to the rationality and bounded rationality, this phenomenon is analyzed by the canonical analysis and evolutionary game theory. The result shows that the accounting choices for Chinese real estate listed companies are bounded rationality, and there is a remarkable tendency toward convergence. Related Articles | Metrics

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Research on the bidding risk evaluation of dynamic alliance for construction projects Liu Lei 2010, 31(2): 154-161 .  Abstract ( 1808 )   PDF (1126KB) ( 2131 )   Abstract: Bidding decision-making of dynamic alliance of construction projects is a comprehensive evaluation process; it consists of many risk factors that need considering not only the strength of the dynamic alliance and the conditions of owner, but also the conditions of candidate projects and competition. By consulting related literatures published in the public at home and abroad and investigating the present situation of the construction market in China, expert knowledge is acquired, and based on which a index system is built to evaluate bidding risk factors of dynamic alliance of construction projects. Considering the fact that there is a mutually influencing and constraint relation among indexes and expert subjective evaluations often have nonlinear characteristics, the feasibility for using an Analytic Network Processl(ANP) method for the evaluation is researched and the application steps are specified. Case studies prove that ANP method can be used to rank many projects via bidding risk evaluation, the computation is simple, and it is applicable to manifold comprehensive evaluations. Related Articles | Metrics

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Research on the model and application of group project resource balance for the large communications guarantee engineerings of olympics Wang Changfeng1,2 2010, 31(2): 162-170 .  Abstract ( 1543 )   PDF (1131KB) ( 2059 )   Abstract: Aiming at the many uncertain factors involving group projects for telecommunication guarantee engineerings of olympics, considering the fact that the engineering is a complex giant system possessing the typical characteristics of group project management and the resource balance of group engineering project, the use of heuristic algorithms, EXCEL modeling are mainly studied and put forward and the data model on resource balance of group project is established. Empirical studies have shown that this method can effectively solve practical problems involving resource balance of group project for Olympic telecommunication guarantee engineering. Related Articles | Metrics

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The exploration of knowledge activities in patent citation Yang Zhongkai, Liang Yongxia, Liu Qiannan 2010, 31(2): 171-177 .  Abstract ( 1628 )   PDF (2119KB) ( 2561 )   Abstract: The process of patent citation contains plenty of knowledge activities. Due to the similarity between patent and paper documents, theories and methods related to scientific metrology can be used to reveal and visually display the knowledge activity in the patent citation process. Research results show that the process of citation contains activities involoving the production, spread, development, and reorganization of knowledge. In the mesoscopic and macroscopic scales, knowledge development and reorganization on micro level may result in the change of the technology paradigm, which is similar to the scientific paradigm replacement before the arrival of the scientific revolution raised by Thomas Kuhn. Related Articles | Metrics

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A review on the international eco-industrial park evaluation Lei Ming, Zhong Shuhua 2010, 31(2): 178-184 .  Abstract ( 1618 )   PDF (1680KB) ( 2518 )   Abstract: With an escalating conflict between economic growth and environment , Eco-Industrial Parks (EIPs) evaluation gradually becomes a hot topic in the field of circular economy. Firstly, the academic background of the EIPs evaluation is introduced, and then the international studies on EIPs evaluation including content, method, and indicator respectively are reviewed. Finally, this some insufficiency of the evaluation is pointed out and future trend in this field is foreseen. Related Articles | Metrics

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An empirical study on the customer satisfaction and loyalty degree for the mobile services Deng Zhaohua, Zhang Jinlong, Lu Yaobin 2010, 31(2): 185-192 .  Abstract ( 1703 )   PDF (1021KB) ( 2324 )   Abstract: The competition among mobile instant message service providers is getting crucial, and service providers actively cut down the threshold to attract customers. Whether or not users are satisfied with the services and remain loyalty to the service providers are important issues for the mobile service providers. The impact of trust, service quality perception value on customer satisfaction degree, and the impact of trust, customer satisfaction degree, and switching costs on customer loyalty are empirically exptored. By using survey data collected from 541 users, the results indicate that trust, service quality, functional value, and emotional value significantly affect the customer satisfaction. Moreover, customer satisfaction degree, trust, and switching cost have the significant influences on the customer loyalty. Related Articles | Metrics