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01 January 2008, Volume 29 Issue 5 Previous Issue    Next Issue

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The emprical research on the impact factors for the compatible between enterprise’s technology strategy and corporate strategy Chen Jin1, He Yubing2, Yao Wei2 2008, 29(5): 1-8 .  Abstract ( 1756 )   PDF (1333KB) ( 2318 )   Abstract: The the internal relationship between corporate environment, top management team, technological resources, internal cohesive force between technology strategy and corporate strategy is explored. The result suggests that these four factors indeed have different level of positive impact on the compatible between technology strategy and corporate strategy. In order to improve their innovation and business performance, enterprises should achieve the compatible between these strategies through managerial innovation. Related Articles | Metrics

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The spatial correlation mechanism and empirical analysis between innovation diffusion and urban system Xu Xueqi, Cheng Kaiming 2008, 29(5): 9-15 .  Abstract ( 1701 )   PDF (1042KB) ( 2483 )               The cities in urban system meet the rank-sized rule. Innovation diffusion in urban system has several modes, such as hierarchical diffusion, contagious diffusion, and so on. The correlative analysis indicates that there is a clear correlation mechanism between innovation diffusion and urban system. Empirical analysis shows that both the innovation capacity and city size have hierarchical characters and are highly correlative in the Yangtze River Delta. The spatial diffusion order of innovation is consistent with the urban hierarchical structure. The spatial diffusion in urban system mainly belongs to hierarchical diffusion. Related Articles | Metrics

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An exploratory study on the relation between tacit knowledge communication, transfer and tech-innovation   Lin Jun, Yang Xue, Li Suicheng 2008, 29(5): 16-23 .  Abstract ( 1811 )   PDF (1811KB) ( 2647 )     Abstract: Aiming at the exploitation and management of tacit knowledge， a theoretical model about the relationship between tacit knowledge communication， tacit knowledge transfer, and tech-innovation is bullt up; and 12 hypotheises on the basis of theoretical analysis is put forward. In order to examine the model and hypotheses， the method of questionnaire is adopted and then the data of 255 valid formal questionnaires from part of manufacturing enterprises and institutes both in west and east areas are put into the Structural Equation Model(SEM) by use of the AMOS 5.0 software. Finally, according to the results, the related advices are brought forward.   Related Articles | Metrics

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Studies on the combinative manager incentive based on technology innovation Chen Shuangying, Shao Yunfei, Tang Xiaowo 2008, 29(5): 24-28 .  Abstract ( 1939 )   PDF (1000KB) ( 2491 )       The combinative incentive is analyzed by the reconciliation of outcome and behavior-based incentive schemes based on technology innovation. According to the analysis of debate over manager incentives between OBI and BBI, the combinative incentive mode is proposed using both outcome and behavior based criteria for rewarding manager based on the technology innovation, then the meaning of relative parameter change in the model is deeply discussed and the significance of combination incentive contract is that the expected gains for the manager and the owner are increased under the certain restraints.   Related Articles | Metrics

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Japanese enterprises’ technological innovation and management innovation and its enlightenment to Chinese modern enterprises Xiao Li 2008, 29(5): 29-34 .  Abstract ( 2026 )   PDF (1102KB) ( 2675 )   Toyota and Cannon Inc. arefamous enterprisesof Japan. Theyhavemade many progresses in technological innovation, management innovation, intelligent property right protection, and talented development. Chinese enterprises can gain many experiences of technological innovation and management innovation from them. Related Articles | Metrics

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Entrepreneurial orientation and firm’s performance: A mediating effect of organizational learning   Li Jingyan 1, Jiao Hao2 2008, 29(5): 35-41 .  Abstract ( 1973 )   PDF (1835KB) ( 2865 )       More and more corporations begin to adopt the entrepreneurial orientation strategy in the dynamic and complicated uncertainty environment, but from the entrepreneurial orientation strategy to organizational performance, it should be some transition paths and organizational learning support. The mediating effect about organizational learning between corporate entrepreneurial orientation and performance relationship is discussed, and it is believed that the enterprise can improve the organizational performance by creating the learning orientation culture.   Related Articles | Metrics

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Industry-university-research institution R&D consortia: International experience and Chinese development strategies Zhang Yifang1, Qu Lixin2 2008, 29(5): 42-48 .  Abstract ( 1855 )   PDF (1196KB) ( 2801 )       Giving the rapid S&T advances and increasingly fierce international industrial competition, Industry-university-research institution R&D consortia have become one of strategic choice for both the nations and the firms. It is focused on the international experience with the organization and governance of industry-university-research institute R&D consortia, and from the prospective of governments, the roles and mechanisms that the governments can play in promoting R&D consortia are explored. Based on the case study of industry-university-research institution R&D consortia sponsover by Chinese government, some ways for the government to forge industry-university-research institute R&D consortia are proposed.   Related Articles | Metrics

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Two theoretical models for industry cluster Wang Zheng1,2,3, Zhu Yanxin1,3, Mao Kejing1,2, Yang Nian2, Liu Tao1 2008, 29(5): 49-54 .  Abstract ( 1950 )   PDF (1806KB) ( 2599 )   The mechanism of industry cluster is studied, and two cases of cluster process known as Cambridge phenomenon are analyzed. Based on this, some disciplinary understandings are found as below. Firstly, knowledge spillovers destroy the normal Hotelling process, and lead to regional industry cluster. The density of cluster is inversely proportional to the damp of knowledge spillovers. When production costs increase close to its price, the industry cluster is easy to appear. Secondly, it is easier for small and medium-sized enterprises to cluster than for large-sized enterprises. Thirdly, there is an optimal spatial scale, which depends on workers’ wage, rent of land, supply-demand relationship of land, etc. The scale of a cluster cannot develop wantonly. Fourthly, labor intensive firms and human resource intensive firms occupying small sized land are more inclined to cluster. On the other hand, traditional large-sized companies are hard to cluster. Finally, industry cluster is a kind of complex phenomenon, which has the character of emergence.   Related Articles | Metrics

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Research on the modularized microstructure and risk feature based on industry clusters     Guo Lan1， Zhang Xiangjian2， Xu Jin3 2008, 29(5): 55-62 .  Abstract ( 1957 )   PDF (1179KB) ( 3015 )   Modularization is very important to the development of industry cluster, and it stands for the important direction of high technology industry. Because of the uncertainty and fierce competition in the development of industry cluster, there are many kinds of risk in the course of industry cluster’s modularization. Based on the microstructure of modularization, the correlative risk in modularization of industry cluster is analysed, such as compatibility risk, network risk, ecology risk, information risk and lock-in risk.The market structure and profit feature of modularization product is heavily influenced by these risks, and the upgrade of high technology industry is blocked. In order to control or eliminate these risks and reduce its harm and influence, corresponding measures should be put into the practice to promote the course of value modularity integration and industry convergence, and the large, composite, and sensitive modularization industry cluster should come into being. Related Articles | Metrics

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“Enigma of Chinese basic research intensity” ——An explanation based on the AH model Xu Zhi， Zhou Jizhong 2008, 29(5): 63-69 .  Abstract ( 1851 )   PDF (1248KB) ( 2685 )   From 1987 to 2006, the basic research investment has increased by 12 times in China. It seems that Chinese basic research intensity falls into “the trap of low level equilibration”. Based on the conclusion of Aghion & Howitt model (1992) in neo-Schumpeterian endogenous growth theory, from the angle of knowledge accumulation, the problem involving Chinese basic research is made an attempt to explain. In the state of equilibration, a nation’s basic research intensity is decided by the contribution of various types of knowledge to the whole knowledge accumulation, such as, production elasticity of basic research, the elasticity of applied research investment to new knowledge of basic science, learning efficiency of “learning by doing”, etc. These contribution parameters determine Chinese basic research intensity. Related Articles | Metrics

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Study on the mechanism of informal tacit knowledge transferring among organizations Zhou Herong, Zhang Pengcheng, Zhang Jinlong 2008, 29(5): 70-77 .  Abstract ( 1872 )   PDF (1122KB) ( 2834 )   The Informal Tacit Knowledge Transferring（ITKT）is the main way of organizational tacit knowledge transferring, and is significance for the development of organizational core competitive competence and technological innovation competence. The knowledge transferring is divided into four types based on the characters of knowledge and its concrete transferring way, namely, formal explicit knowledge transferring, informal explicit knowledge transferring, formal tacit knowledge transferring, and informal tacit knowledge transferring; and their characters are compared. Then, the process mechanism of the informal tacit knowledge transferring among organizations is researcned from views of inter-individuals, between individual and group, between individual and organization, inter-groups, and between group and organization; based on that, tacit knowledge can be divided into true tacit knowledge and false tacit knowledge. In the end, the process model is set up, and the realization conditions are put forward. Related Articles | Metrics

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Research on apprenticeship skill improvement model in tacit knowledge sharing Lv Yan, Liang Liang 2008, 29(5): 78-83 .  Abstract ( 2614 )   PDF (1123KB) ( 2997 )   The concept of tacit knowledge and Kim’s learning model, namely, “Observe, Assess, Design, Implement Shared Mental Model(OADI-SMM)” is introduced. The “Apprenticeship Skill Improvement Model”(ASIM) is constructed and it is proposed that the training process should follow the order of professional skill- multiple skill- innovative skill. By doing this, enterprises can achieve organizational learning and realize knowledge sharing and innovation. The purpose is to offer the suggestion for enterprise on how to training workers skillfully, and increasing the number of high quality technician in order to improve the core competitiveness for Chinese enterprises. Related Articles | Metrics

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Performance evaluation on the strategy of western region development of China based on the difference between east and west regions using PCA Yue Liping, Bai Yongxiu 2008, 29(5): 84-88 .  Abstract ( 1829 )   PDF (1930KB) ( 2456 )   Based on the comparison of six differences between the east region and the west region since the strategy of western region development of China has been implemented in 1999, through constructing the performance evaluation index system and analyzing with PCA, it is found that the main factors causing the difference elargement are the discrepancies in market policy, market capacity, and market mechanism. Related Articles | Metrics

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Study on the model of knowledge diffusion inside of corporations Cai Weimin1, Gao Junshan2 2008, 29(5): 89-92 .  Abstract ( 2287 )   The knowledge diffusion model proposed by Professor Xu Yu is analyzed and the model follows a logistic increment rule that is applicable to the condition of enterprise knowledge accruement. However, when the effort factor of knowledge diffusion by the managers in corporation is considered, the model cannot explain the knowledge diffusion rule. From the angle of thought, the mechanism in the course of knowledge diffusion is analyzed and hereby the knowledge diffusion model is modified. The modified model concerns the factor of manager’s effort and the knowledge diffusion of enterprises follows the exponential increment law when considering the effort; however the diffusion follows the logistic increment law when the effort is given up. Therefore there is a critical point in the course of knowledge diffusion and the point fluctuates with the different of knowledge property and function. Related Articles | Metrics

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An empirical study on interaction among organizational trust， knowledge sharing, and organizational performance Cao Keyan1, Long Junwei2, Yang Yuhao 2 2008, 29(5): 93-101 .  Abstract ( 2099 )   PDF (1938KB) ( 2853 )   In recent years, organizational trust has been considered as the key factor that enterprises acquire competitive advantage. Many scholars believe that knowledge sharing has intermediary role between organizational trust and organizational performance, but only few of empirical results were given. An empirical study on interaction among organizational trust, knowledge sharing, and organizational performance is conducted. The sample includes 120 companies in Southern China. The validity of organizational trust, knowledge sharing, and organizational performance is tested separately based on the preliminary study. The study proves that organizational trust has a significant positive impact on the knowledge sharing and it has a significant positive impact on the organizational performance by knowledge sharing , that is, knowledge sharing among employees has an intermediary role between organizational trust and organizational performance. Related Articles | Metrics

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Double moral hazard and compensatory contract design for collaborative product development in supply chain Zhang Zijian, Liu Wei 2008, 29(5): 102-110 .  Abstract ( 1867 )   PDF (1149KB) ( 2632 )   Abstract: Within the framework of double moral hazard, the design of compensatory contract for collaborative product development in supply chain has been studied. When designing the compensatory contract, the incentive of supplier’s effort and the incentive of manufacture’s own effort are taken into consideration. Through a component technology price, the contracts realize transfer of some product revenue between the manufacture and supplier, share the output; and through a fixed subsidy fee to meet the constraint for supplier’s participation in the development. Result shows that the component technology price in the optimal contract decreases with the supplier’s cost parameter of R&D effort, and the price increases with the manufacture’s cost parameter of R&D effort. Related Articles | Metrics

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Review on research progress and implications of selecting responsible main part for EPR based on circular economy development   Zhao Yiping1， Wu Chunyou1， Fu Zeqiang2 2008, 29(5): 111-118 .  Abstract ( 1807 )   PDF (1805KB) ( 2525 )       Extended Producer Responsibility (EPR) should be taken as an innovative strategy for developing Circular Economy (CE). The coherence between EPR can CE is discussed。 Researches concerning the responsible producers in terms of EPR are reviewed, based on that, the essential connotations of EPR and basic principles for selecting the responsible main part is dissected. In the end, suggestions and implications for CE development in China are put forward.   Related Articles | Metrics

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Modeling AMC’s debt- to-equity transformation for non-performing loan based on option optimum Li Wei, Kuang Haibo 2008, 29(5): 119-125 .  Abstract ( 1841 )   PDF (1023KB) ( 2445 )   With analyzing the existing researches on Asset Management Company’s （AMC） debt-to-equity transformation for non-performing loan, the AMC’s debt- to-equity transformation for non-performing loan optimized decision-making model is established based on options. The determination condition for implementing enterprise debt-to-equity transformation is obtained theoretically. Simultaneously, the debt- to-equity transformation’s proportional calculating formula is derived; and it solved the problems of neglecting the change of debt- to-equity transformation enterprise’s asset anticipated value and the debt- to-equity transformation’s proportional restraint, which lead to the malpractice for debt- to-equity transformation’s unreasonable proportion. It is more likely that for the AMC’s debt- to-equity transformation for non-performing loan, the decision-making model is more conformed to the reality. Related Articles | Metrics

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Shareholding financing and investment behavior of Chinese listed companies： An angle of vision based on ineffective market Hao Ying, Liu Xing 2008, 29(5): 126-137 .  Abstract ( 1783 )   PDF (1123KB) ( 2839 )   Based on the view of behavioral corporation finance, firstly, the ineffective finance condition in Chinese stock market and its impact on the corporation investment behavior through shareholding financing channel are theoretically elucidated. Subsequently, the corporation investment behavior under the different shareholding financing result and size is empirically studied. The conclusions are:(1) the ineffective finance condition in Chinese stock market through shareholding financing channel impacts on corporation investment behavior with various degrees;(2)for the corporation unable to acquire shareholding financing, the stock price is is irrelevant to the corporation investment level;(3)for the corporation acquired shareholding financing, the stock price shows a positive correlation with the corporation investment level;(4)the size of shareholding financing is less, the investment level is more sensitive to the stock price;(5)the size of shareholding financing is larger, the investment level is more inclined to expand under the insider control. Related Articles | Metrics

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Empirical study on the talented person impact factor appraisal method- Based on the medicine science and technology Ruan Peng1, Peng Yun2, Huang Yan1 2008, 29(5): 138-148 .  Abstract ( 2020 )   PDF (998KB) ( 2215 )   Science appraisal of scientific research talents is helpful to talented person discovery and is conduced to the talented person growth. How to appraise scientific research talents? At present, it is still does not have the unified method. The medical talent is taken as an example. Impact factor, weighted average, multi database method, Bradford law, contribute method, peer expert evaluation method are combined with. Starting from the main scientific research activities, such as scientific research talents paper, cited paper, scientific research achievement, technological award, monograph, invention patent, bearing scientific research project, academic position, new medicine research and development, and so on, the quantitative evaluation talented person formula and target are proposed. And the comprehensive appraisal pattern for the influential power of scientific research talent is initially constructed. Related Articles | Metrics

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Empirical research on influential factors about enterprise credit Guan Xiaoyong 2008, 29(5): 149-154 .  Abstract ( 1872 )   PDF (1149KB) ( 1952 )   Based upon the assumption that “capacity decides credit”, researches on evaluation elements about enterprises credit analysis framework always locked in the enterprise capability to keep a promise in China. But, the large sample investigation by inquisition system for Chinese enterprisers discovered that the character of enterprisers influences badly on the credit of enterprises. Credit sponsion institutions in Zhejiang province widely put the character of enterprisers forward as a chief element in estimating credit level for medium-sized enterprises.Therefore, the system framework, element structure, and influential degree of enterprise credit are explored from the angle of vision based on credit risk identification and control; and the conclusion is elicited that the credit character and the credit capacity are two basic factors influencing enterprise credit, the character of the enterpriser is the most influential element for enterprise credit. Related Articles | Metrics

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An endogenous capability model of enterprise growth and empirical study Zhuang Yaming, Li Jinsheng, He Jianmin 2008, 29(5): 155-166 .  Abstract ( 1837 )   PDF (1321KB) ( 2312 )   Enterprise growth, as the micro-foundation of a country’s economy development and prosperity, has a significant study value. By using modern ecological theory and analyzing the endogenous factors of the enterprise growth, the following conclusions are obtained: the endogenous ecological carriers are the factors of key stone species, dominant species, and redundancy species, their ecological attribute, ecological structure, ecological relation, and forming mechanism constitute enterprises’ endogenous capability. Finally, by taking operational and developing condition of Chinese hi-tech enterprises in 2001-2005 as an example, the enterprise endogenous capability model is demonstrated and some strategies for enterprise sustainable growth in China are presented. Related Articles | Metrics

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A comparative study on the efficiency of patent output between the public R&D institutions and enterprises in China Zhang Chuanjie1， Wan Xiaoli2 2008, 29(5): 167-172 .  Abstract ( 1924 )   PDF (998KB) ( 2585 )   The econometric relationship of R&D expenditure and patent output in both enterprises and public R&D institutions is analyzed by co-integration and Granger causal analysis of econometrics. The results indicate that the relationship between R&D expenditure and patent output in both enterprises and public R&D institutions has a stationary long-run equilibrium tendency. Furthermore，the output efficiency for different patents presented different by the two main innovation bodies. Public R&D institutions have an advantage on the invention patent output， while enterprises have an advantage on practical patent output. Related Articles | Metrics

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R&D efficiency differences and affecting factors : A cross-province analysis using the stochastic frontier approach Yue Shujiing 2008, 29(5): 173-179 .  Abstract ( 1885 )   PDF (1014KB) ( 2185 )   A cross-province R&D production model for evaluating the relative efficiency of R&D activities is constructed. Stochastic frontier function models are applied to the panel data of 29 provinces in 1998-2005. The means of efficiency scores for research and develop activities are about 06. The east region gets the highest score of efficiency, and the west region has relative low efficiency. It is also found that foreign direct investment, international trade, and human capital have significantly positive effects on the R&D efficiency; promotion of human capital and competitiveness can improve the positive effects of foreign direct investment and international trade. Related Articles | Metrics

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How to lead the organizational learning: A relationship between paternalistic leadership and organizational learning Yu Haibo1, Zheng Xiaoming2, Fang Liluo3, Ling Wenquan4, Liu Chunping5 2008, 29(5): 180-186 .  Abstract ( 1996 )   PDF (1102KB) ( 2487 )   In order to understand the relationship between paternalistic leadership and organizational learning, 276 surveys from 10 Chinese enterprises were collected by inquirers. The results of Structure Equation Model(SEM) showed that benevolence leadership was positively correlated with six factors of organizational learning. However, authoritarianism leadership was negatively correlated with group learning, inter-organizational learning, exploitation learning and exploration learning. The main implication for the management practice is that leaders of Chinese enterprises should lead the organizational learning by benevolence leadership, and at the same time avert leading organizational learning by authoritarianism leadership. Related Articles | Metrics

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Comparative study on formative and functional mechanism of initial and sustainable online trust Chen Mingliang1 ， Wang Guipu2, Deng Shengyu1， Sun Yuan1 2008, 29(5): 187-192 .  Abstract ( 2124 )   PDF (1512KB) ( 2683 )   The deficiency of online trust is the main bottleneck for electronic commerce’s further development. In order to guide electronic commerce industry to make a good consumer trust promotion strategy , it is very important to explore determinants and behavioral intention of online trust. The formative and functional mechanism of initial online trust for no online shopping experience consumer is different from that of sustainable online trust for experienced consumer. The online trust models for two kinds of consumer are proposed separately. Based on the large sample from B2C and C2C website consumers, the SEM method is employed to test the online trust theoretical model and a series of corresponding hypotheses. Firstly, it is found that the vendor’s reputation, the website security, and easy to use are the determinants of initial online trust for no online shopping experience consumer and response ability and communication level are more important determinants of sustainable online trust for experienced consumer. Secondly, the initial online trust and sustainable online trust determine intention of the information provision and intention of online shopping, and two kinds of intention show the positive correlation. Related Articles | Metrics