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30 November 2008, Volume 29 Issue 6 Previous Issue    Next Issue

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The synergy and dynamic between explorative learning and exploitative learning: An empirical study Zhu Zhaohui 1, Chen Jin 2 2008, 29(6): 1-9 .  Abstract ( 1991 )   PDF (1321KB) ( 2837 )   Based on March’s balance theory of explorative and exploitative learning, through a big-sample questionnaire investigation, the impact of open innovation on the paradigm for enterprises to obtainresource is analyzed. And then, the synergy between these two kinds of learning and their effect on innovation performance are discussed, and the dynamics of two kinds of learning are explored. Related Articles | Metrics

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A resistance to the technical innovation and external opportunity among the enterprises with special cooperative relation Li Zhenye 2008, 29(6): 10-16 .  Abstract ( 1936 )   PDF (1855KB) ( 2678 )   The generation mechanism of resistance to the technical innovation among the enterprises with special cooperative relation is analyzed using the sewing industry in Taizhou as an example. The results indicate clearly that the special cooperative relation conflicts with the external opportunity and decreases the desire to the technical invovation among the enterprises; furthermore it causes the technology degrading in the whole sewing industry cluster. Related Articles | Metrics

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Research on the intellectual property risk induced by lack of credit in cooperative innovation Zhang Keying1, Gui Wei1, Li Yan2 2008, 29(6): 17-22 .  Abstract ( 1825 )   PDF (972KB) ( 2467 )   Abstract: In the era of knowledge-based economy, the mode of cooperative innovation based on knowledge sharing and knowledge trasferring is adopted by innovative corporations, intellectual property risk induced by lack of credit become the obstacle to innovation. The risk is analysed from the perspective of information economy, the causes are explored and the relative precaution measures are put forward. Related Articles | Metrics

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Research on cluster, network, and the innovation of IJVs Xie Hongming, Wang Xianbiao, Wu Su, Yu Wei 2008, 29(6): 23-29 .  Abstract ( 2145 )   PDF (1789KB) ( 2319 )   Abstract: The innovative ability is more and more important for International Joint Ventures(IJV) building and maintaining its competitive advantage, a great deal of studies about factors affecting IJV were done by scholars, but there are no scholars who touch the two factors of cluster and the network. How network affected innovation capability of IJV within cluster is reached, and empirical research was done by using 96 samples of IJV in South China region. The results indicate that network, such as network strength, network density, and the degree of mutual relations is important to the innovation ability of IJV situated in clusters, and it is a key factor for IJV bringing full advantage of cluster into play. Key words: cluster; network; innovation of IJVs   Related Articles | Metrics

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Relationships between stakeholders and enterprise technology innovation performance:Empirical analysis on stakeholders with high degree balance Sheng Ya, Shan Hangying 2008, 29(6): 30-35 .  Abstract ( 1794 )   PDF (1150KB) ( 2305 )   Abstract: Enterprises pay more and more attention to the technology innovation. How to increase technological innovation performance meanwhile adding investment is a major task for enterprises, and it is also concerned by academic. According to power and stakes, stakeholders are classified into three kinds which are high degree balance stakeholders, intermediate degree balance stakeholders and low degree balance-stakeholders. And an empirical analysis was employed to examine the correlations between high degree balance stakeholders in power and stakes and technology innovation performance. Related Articles | Metrics

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Competitive strategy, firm performance, and sustainable competitive advantage:Empirical evidence from Chinese listed companies Liu Ruizhi, Xu Chaoyang 2008, 29(6): 36-43 .  Abstract ( 2274 )   PDF (1008KB) ( 2528 )     Abstract: Based on the publicly available financial data of Chinese listed companies from 2001 to 2006, two factors capturing firms’ competitive strategy tendency are contructed using Confirmatory Factor Analysis (CFA). These factors are then used in empirical models to explore the effect on the short term performance and the sustainability of firm performance. The results indicate that although both low cost and differentiation strategies have a positive effect on short term performance, the firms pursuing a differentiation strategy have higher performance than firms pursuing a low cost strategy. It is found that only the differentiation strategy allows a firm to achieve and sustain superior performance in the long range, because the advantages from low cost strategy are easily imitative and the competitive edges based on the differentiation strategy are difficultly imitative. In sum, the differentiation strategy is better than the low cost strategy at the aspect of achieving and maintaining sustainable competitive advantage. Related Articles | Metrics

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An empirical study on the technology-based venture performance towards discontinuous innovation Wang Hailong1, Wang Guohong2, Wu Chunyou2 2008, 29(6): 44-51 .  Abstract ( 2038 )   PDF (1105KB) ( 2863 )   Abstract: The effects between Discontinuous Innovation Orientation (DIO) and Technology-based Venture Performance (TVP) are analyzed based on the empirical study of 176 TVPs. A structural model of DIO and TVP is put forward and a survey to examine the model is conducted accordingly. Results suggest that there are the direct effect and indirect effect between DIO and TVP, with the firm capability as an intermediating factor. Uncertainties have modulating effects both on the relation between DIO and firm capabilities, and on the relation between firm capabilities and TVP. It is concluded that the technology-based ventures should follow discontinuous-innovation-oriented strategies to improve their performance under the condition of high uncertainty. Related Articles | Metrics

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The empirical study on the implementation framework of service innovation   Wei Jiang, Tao Yan, Chen Junqing 2008, 29(6): 52-58 .  Abstract ( 1892 )   PDF (1140KB) ( 2463 )   Abstract： Focus on the knowledge intensive service industry, it traces to Schumpeterian concept of innovation, and tries to construct the conceptual framework for service innovation. Based on the multi-case and empirical studies, it is found that the content of service innovation is comprised of a series of innovation, namely, product innovation, process innovation, organizational innovation, and marketing innovation. Related Articles | Metrics

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Evolution and implement path of manufacturing enterprise service functions   Cheng Qiaolian, Tian Yezhuang 2008, 29(6): 59-64 .  Abstract ( 1840 )   PDF (1855KB) ( 2381 )       Abstract: In the process of the global economy transition from products to service economy, the service function of manufacturing enterprises is increasing, thus enabling enterprises to bring professional and technical advantages into play fully, identifying customer needs better in the service, acquiring customer loyalty, and forming different competitive advantages. The service functions of manufacturing enterprises are evolved from traditional product as the core into customer relationship as the base and the service in proportion to enterprise business is increasing. At the same time, the service functions of manufacturing enterprises not only generate from the enterprises themselves, but also come from the network partners which have a close collaborative relationship with manufacturing enterprises. Both parties establish customer service platforms together and achieve the value innovation of manufacturing enterprises.   Related Articles | Metrics

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An empirical study on relation between enterprise top management team’s heterogeneity and enterprise technological innovation performance   Xie Fenghua, Yao Xianguo, Gu Jiajun 2008, 29(6): 65-73 .  Abstract ( 2309 )   PDF (1096KB) ( 3173 )       Abstract: Based on the literature review, a hypothesis model about the relationship between heterogeneity of Top Management Team(TMT) and the innovational performance of enterprises was put forward. Through an investigation into the private corporations, it is found that the heterogeneity of education level of TMT member had the positive and notable influence on the R&D performance, manufacture and innovation process, but it had no prominent influence on the marketing performance. The heterogeneity of TMT member term had positive and notable influence on all the four dimensions of R&D performance. The heterogeneity of TMT member age had no prominent influence on the R&D performance, but it had notable and negative influence on the performance of manufacture, marketing and innovation process. It provided some reference gist for the deeper research on technological innovation of enterprises from the point of TMT.   Related Articles | Metrics

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Impact of the goal orientation in a team on individual and team innovation: A multilevel framework Zhang Wenqin1, Shi Jintao1, Song Linlin2, Gu Qinxuan1 2008, 29(6): 74-81 .  Abstract ( 2113 )   PDF (1714KB) ( 2495 )   Abstract: Effective teams are important cornerstones for the successful organizations, especially for those operating in dynamic environments. Based on the preliminary conclusions derived from the research of the goal orientation theory, a multilevelly theoretical model in which the team climate were included to examine the relationship between goal orientation and innovation is propased. At individual level, the relationship between individual goal orientation and innovative behavior, and the moderating role of team innovation climate are examined. At group level, the relationship between team goal orientation and innovation performance, and the mediating role of team innovation climate are also analyzed. Based on these, a multilevel framework is presented and considerations for future research and practice are discussed. Related Articles | Metrics

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Import trade structure, human capital, and technological progress   Ye Lingli, Wang Zhijiang 2008, 29(6): 82-88 .  Abstract ( 2076 )   PDF (1395KB) ( 2653 )       Abstract: Under the new trade theory, import products boost economic growth through its endogenous technology spillovers. The technology spillover effects associate with the trade structure, and need a certain combination of human capital. Based on experience data of China in 1980-2006, it is found that capital goods, intermediate goods, and imports all have a long-term, stable effect on the technological progress. Chinese import has the technology spillovers, and the structure of human capital and the level of human capital directly determine the effects of import trade technological spillovers. Contrastively, intermediate import goods have more spillover function than capital import goods; there is no a two-way causal relationship between import trade and technological advances, and virtuous cycle has not formed between trade structure improvement and the technological progress. In light of these conclusions, some relevant policy recommendations are put forward.   Related Articles | Metrics

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Research on assigning patent usage right   Qi Su, Yang Weiguo 2008, 29(6): 89-94 .  Abstract ( 2051 )   PDF (1364KB) ( 2347 )       Abstract: License is the most important legal method in the usage of patent right. Patentee gives up the monopolization but obtains royalties. While licensee pays the license fee but obtains the right to implement the patent. The problem is that, if the licensee has the right to assign the usage right? The Chinese law does not regulate explicitly and the research on this problem is little. The reasonable and necessity of assigning the usage right are analyzed at some length, specific recommendations and measures for implementation are proposed. It might enlighten the comprehensive and thoroughly study on this issues.   Related Articles | Metrics

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Comparison study on the patents between China and abroad   Yin Lichun1, Yang Zhongkai2, Yin Fuliang1, Liu Zeyuan2 2008, 29(6): 95-100 .  Abstract ( 1765 )   PDF (1395KB) ( 2261 )       Abstract: Combining with the classic statistic method, co-citation method, and the newest visualization tools, the patent analysis between China and abroad in the view of academic distribution, co-citation network, and research frontier is revealed and compared. According to this it is found that using quantitative analysis of patent to explore its economic and strategicvalueis thebiggest hot point in recent years and the direction of patent analysis for Chinese scholars is pointed out.   Related Articles | Metrics

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Research on influence factors of information system bidirectional transfer of knowledge based on the internet forum Guo Yin， Chen Zhigao 2008, 29(6): 101-109 .  Abstract ( 1773 )   PDF (1364KB) ( 2687 )   Abstract： The influence factors of Information Systems (IS) bidirectional knowledge transfer which between IS outside supplier and IS demander in the development mode of IS application outsourcing or pruchasing application software package are explored. Firstly, drawing from the knowledge transfer and IS literatures, a theoretical model is developed, the model presumes that IS bidirectional knowledge transfer is influenced by knowledge-related (shared understanding), communication-related (bidirectional trust, communication capabilities of both sides) factors.Then, a non-intervention empirical researchis adopted to simulate real situation, and data is collected based on an internet forum discussing IS knowledge for regression analysis. The analysis provides support for 10 of the 12 hypotheses and confirms two mediating relationships. Related Articles | Metrics

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Modeling and optimization for proposal allocation in science and technology project review Fan Zhiping1, Chen Yuan2 2008, 29(6): 110-115 .  Abstract ( 1992 )   PDF (1003KB) ( 2723 )   Abstract: Grouping projects rationally and allocating to different experts is extremely important in the process of science and technology project management. The condition for allocating projects into groups in the context of science and technology project review in China is explored originally. Firstly, the process of project allocation is analyzed in detail; then four decision-making rules for project allocation are outlined. In addition, a multiobjective optimal model for the decision-making of project allocation is constructed according to the rules and a solution algorithm based on genetic algorithm is developed. Finally, a numerical example is presented and the result shows the effectiveness of the proposed approach. Related Articles | Metrics

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The analysis and discussion on the monitoring and evaluation practice of national R&D projects Li Youping1，2, Ouyang Jinliang1 2008, 29(6): 116-121 .  Abstract ( 2093 )   PDF (1696KB) ( 2565 )       Abstract: How to launch implement monitoring and evaluation of national R&D projects is an important means to ensure the project implementation and to achieve the project strategic objective. At present，the science and technology administration department implement the annual report on project progress and project acceptance for most of the national R&D programs. Applying medium - term inspection or evaluation, performance appraisal, and other project process management help the administration department to master project progress, to ensure the project implementation, and to achieve the project strategic objective. At the same time, there are some challenge and difficulty in the process of morning and evaluation of national key R&D projects. Some suggestions for the morning and evaluation system of national R&D projects are provided on the basis of the lessons leaned from the practice and discussion of the monitoring and evaluation on national R&D projects.   Related Articles | Metrics

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The method of evidence fusion in the risk evaluation of mobile commerce trade   Wang Kan, Zhang Jinglong 2008, 29(6): 122-130 .  Abstract ( 1739 )   PDF (1160KB) ( 2348 )       Abstract: Some primary factors of mobile commerce trade risk are analyzed and an index system of evaluation of mobile commerce trade risk is established by considering some aspects. Based on Dempster-Shafer’ s evidence theory, an evaluation used to evaluate the risk of mobile commerce trade is proposed. The evidence fusion is adopted to fuse the uncertain multi-index multi-degree assessment problem involving the risk of mobile commerce trade, the risk evaluation problem is converted into a definite single-index evaluation problem. Finally, The case analysis shows that the method is efficient and practical for the evaluation of mobile commerce trade risk.   Related Articles | Metrics

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Study on the influence factors of customers’ buying intention on the mobile data services market Zhou Yi, Meng Weidong, Du Huiying 2008, 29(6): 131-136 .  Abstract ( 1987 )   PDF (1767KB) ( 2807 )       Abstract: Focused on the mobile data service market, influence factors of customers’ buying intention are discussed deeply. Through reviewing on the previous research papers, a model of buying intention is developed and seven important factors are proposed. Furthermore, a questionnaire relying on mature scales is designed, and then a big sample investigation in Chinese mobile market is conducted. Finally, it is found that socialinfluence, perceived usefulness, and perceived price were the most important factors, while perceived safety was not significant in China.   Related Articles | Metrics

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Balance between exploitation learning and exploration learning of Chinese enterprises   Xiaoming2, Fang Liluo3, Ling Wenquan4 2008, 29(6): 137-144 .  Abstract ( 1862 )   PDF (1134KB) ( 2513 )       Abstract: Today, there were few systematic empirical researches directly linking the balance of the two learning with organizational performance. Six hundred and seventy seven employees from 10 cities in China answered the questionnaire. The results of Confirmatory Factor Analysis (CFA) showed that exploration learning and exploitation learning were two sides of enterprise leaning rather than two end point of a continuum. The results of Hierarchical Regression Analysis (HRA) showed that exploration learning and exploitation learning were significantly positively related to finance performance. And the results also showed that there were positive and significant interaction effects between exploration learning and exploitation learning for finance performance. And the difference between exploitation learning and exploration learning was non-significantly related to the finance performance. The main implication was that Chinese enterprises should improve the level of exploitation learning before strengthening exploration learning.     Related Articles | Metrics

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Indicator system and valuation model for intrinsic value of a venture enterprise Yang Qing1, Wang Zhan1, William B. Gartner2 2008, 29(6): 145-152 .  Abstract ( 1886 )   PDF (1013KB) ( 2479 )   Abstract: A summary of previous empirical research on criteria used by international venture capitalists in valuating early stage venture investment opportunity is provided, based on which valuation criteria are grouped into four broad categories, namely, entrepreneur and his team, technology and product, market, and finance. The top ten indicators system is developed, they are (1) entrepreneur’s qualities, (2) completeness of the team’s knowledge and experiences, (3) product’s competitiveness, (4) protection for product peculiar right, (5) growth of the target market, (6) size of the target market, (7) market entry barrier, (8) probability to create new demand, (9) profitability, (10) opportunities for investment exit. Employing synthetic assessment, their weights are analyzed, and a scoring function and the synthetic valuation model for intrinsic value of a venture are developed. This valuation system is intended to solve the core problem concerned most by venture capitalists i.e., how much a venture firm’s intrinsic value is. Related Articles | Metrics

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Analyses on the fund management system of science and technology resource construction and service   Qi Na, Zhao Wei, Peng Jie 2008, 29(6): 153-158 .  Abstract ( 1733 )   PDF (1930KB) ( 2382 )       Abstract: National science and technology infrastructure is an important component of Chinese national innovation system, and is an important support conditions and resource base. In recent years, in order to optimize the technology platform layout and raise the service levels, the state inputs continuously for the construction and service of the national science & technology infrastructure, and forms a huge technology base of resources.How to further improve the project supervision, accountability, and evaluation mechanism for the projects supported by scientific and technological outlay, reduce the fund management costs, and improve efficiency in the use of funds, it will become a major problem faced by science and technology management departments. Using the method of system, the basic conditions for Chinese scientific and technological resources construction and services investment are deeply studied, the architecture of fund management system is analyzed, and based on the analysis, the function of financial management system, external environment and its dependence, and their interaction mechanism are futher exploved and it provides an important theoretical support for the improvement of scientific and technological resources and services management system.   Related Articles | Metrics

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A research on the optimized path of business structure for Chinese investment banks   Liu Zhongying， Chen Shuwen 2008, 29(6): 159-164 .  Abstract ( 1858 )   PDF (1232KB) ( 2356 )       Abstract: Chinese investment banks, a part of the entire financial market,play an important role on the growth of national economy of China. With the financial market development after China entered into WTO, Chinese investment banks are confronted with the tremendous international competition. The optimized path of business constructure for Chinese investment banks is discussed. In order to enhance competitive power of Chinese investment bank, the optimized path of their business structure is constructed and impact factors in the path are analyzed. At last, some suggestions on how to optimize business constructure are given.   Related Articles | Metrics

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Study on the model of integrated process management in the major R&D project   Wang Changfeng, Wang Hualan 2008, 29(6): 165-170 .  Abstract ( 1894 )   PDF (2509KB) ( 2437 )       Abstract: Based on the characteristics of the integrated process management for the major R&D projects, a detailed description about the characteristics of the integrated process management is given, The method for analyzing the architecture of integrated process managment is proposed. Finally, the space and time architecture of process management and process interface management integrated system for major R&D projects is constracted and they are applied to the process of warship construction.   Related Articles | Metrics

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Option-game integrative method and optimization of the profit allocation among government-university-industry combination   Ren Peimin1， Zhao Shuran2 2008, 29(6): 171-177 .  Abstract ( 1933 )   PDF (1134KB) ( 2609 )       Abstract: According to the thought of value evaluation and profit allocation, the option-game integrative method is proposed to deal with the profit allocation optimization problem of government-university-industry combination. Several possible cooperate projects are listed firstly. After analyzing the project risks and the corresponding relationship between risks and kinds of compound real option, the compound real option imbedded in project are constructed combined with the copartners characters. Then the project option value is appraised by using compound real option binomial evaluation model. Based on the evaluation of the several project options, the profit allocation proportion is studied by the cooperation game theory. The sample indicates that the copartners’ resource contribution and profit allocation can be united perfectly by using above method.   Related Articles | Metrics

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Experimental research on the driving factors for supplier involvement in NPD   Li Suicheng, Wang Qiao 2008, 29(6): 178-187 .  Abstract ( 1880 )   PDF (1232KB) ( 2625 )       Abstract： Supplier Involvement in New Product Development（SINPD）emphasizes the vertical cooperation between enterprises and establishes a win-win cooperation model in the New Product Development(NPD). Based on the meta-analysis of literature and exploratory analysis of the interview, 12 driving factors were identified from the perspective of manufacturers. Then, a questionnaire survey of empirical research was used to verify the extraction. The result indicated that the external competitive pressures, the guidance of national innovation policy, product complexity and technical integration, R&D dependence, supplier dependence, and expectation of receiving performance were key factors among the driving factors.   Related Articles | Metrics

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The vector autoregressive model of Chinese industrial structure trend analysis Chen Hua1， Zhang Yaohui2 2008, 29(6): 188-195 .  Abstract ( 1801 )   PDF (1514KB) ( 2394 )       Abstract: By using the data from year of 1978 to 2004(total 27 years), it is found that Chinese three main industries have a close inherent link.From the perspective of system dynamics, an industry development is not only related to the preliminary development of the industry but also related to the early stage and the same period development speed of other industries.From the impulse response function and variance decomposition results, it is found that the importance of chief industry represented by agriculture is very clear. The development of agriculture is very important to the develoopment of itself, and secondary, tertiary industries.   Related Articles | Metrics

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The vector autoregressive model of Chinese industrial structure trend analysis Chen Hua1， Zhang Yaohui2 2008, 29(6): 188-195 .  Abstract ( 1954 )   PDF (1514KB) ( 2882 )   Abstract: By using the data from year of 1978 to 2004(total 27 years), it is found that Chinese three main industries have a close inherent link.From the perspective of system dynamics, an industry development is not only related to the preliminary development of the industry but also related to the early stage and the same period development speed of other industries.From the impulse response function and variance decomposition results, it is found that the importance of chief industry represented by agriculture is very clear. The development of agriculture is very important to the develoopment of itself, and secondary, tertiary industries. Related Articles | Metrics