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27 June 2011, Volume 32 Issue 6 Previous Issue    Next Issue

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The measurement of enterprise technology innovation capability basedon three-dimension model of RPM—Taking the digital television enterprise in Shenzhen City as a case study Wang Junna, Yang Wu 2011, 32(6): 1-10.  Abstract ( 3119 )   PDF (1062KB) ( 3379 )   An Index Analysis (IA) method has been used to measure the capabilities of enterprise technology innovation, but this method is lack of quantitative analysis and match analysis. A three-dimension model (PMR model) is constructed to measure enterprise technology innovative capacity based on three aspects of R&D, manufacturing, and marketing, the concept of Innovative Ability Strength(IAS) is put forward and defined, the calculation method is established to measure comprehensive ability strength and synergy measure. Using the model and index series, the innovation capacity of the digital television enterprise of Shenzhen is analyzed. References | Related Articles | Metrics

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On the spillover effect of university R&D on enterprise technological innovation in China Liao Shumei 2011, 32(6): 11-17,35.  Abstract ( 3150 )   PDF (965KB) ( 3162 )   The spillover from university R&D to enterprise technological innovation is the key to establish the regional innovation system. Based on 30 provincial panel data from 1997 to 2007, the spillover effect of university R&D on enterprises' technological innovation in China is analyzed from overall and regional perspectives. The results show that the effects on both enterprise patent and new product innovations are significant; its effect on new product innovation from east and middle parts of China is significant, however its effect on patent innovation in west part of China is significant; it shows that the endogenous innovative capability of enterprises in east part of China is much better than that in middle part of China, and west parts of China goes last; the current labor-intensive economy hinders enterprise innovations. References | Related Articles | Metrics

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Using scale-independent indicators to evaluate the performance of science innovationin China and its international comparison Gao Xia, Guan Jiancheng 2011, 32(6): 18-25.  Abstract ( 2184 )   PDF (909KB) ( 2495 )   How to reasonably and effectively evaluate the national innovation performance of science has been a major concern for government, research institutions, and academia. By using scale-independent indicators, the performance of science innovation under the influence of scale effects is explored from international perspective. It shows that the increases of GDP, R&D expenditure, etc. have a non-linear impact on the performance of science innovation. Furthermore, the relative performance of the Chinese science innovation system is evaluated, and the relevant policy implication is also concluded. References | Related Articles | Metrics

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The channel sources of technology innovations in indigenous firmsof Chinese high technology industries Liang Hua, Zhang Zongyi 2011, 32(6): 26-35.  Abstract ( 2644 )   PDF (974KB) ( 3080 )   The technology-push theory and the market-pull theory are combined, and the sources of technology innovations are categorized into three channel sources with technology-push effect (in-house R&D, technology transfer, and technology spillover) and one with market-pull effect (back-propagation of user innovations). Based on the panel data of Chinese high technology industries, the general method of moments is employed to investigate the effectiveness of various channel sources of technology innovations in a unified framework. The empirical evidence shows that the effective channel sources of technology innovations in indigenous firms of Chinese high technology industries include: (1) in-house R&D, (2) foreign technology transfer, (3) intra-industry technology spillover from joint ventures, (4) inter-industry technology spillover from joint ventures, (5) back-propagation of foreign user innovations, and (6) back-propagation of domestic user innovations. The indigenous firms of Chinese high technologies industries heavily rely on foreign core technologies and key equipments, which results in the ineffectiveness of domestic technology transfer and inter-industry technology spillover from indigenous firms as the channel sources of technology innovations. Therefore, the Chinese government should provide more preferential policies for indigenous firms of Chinese high technology industries to strengthen their independent innovations and promote the commercialization of high technology achievements. References | Related Articles | Metrics

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The risk probability measurement—A case study on the trade secret risk caused by thetacit knowledge transferring in collaborative technological innovation Su Shibin, Huang Ruihua 2011, 32(6): 36-41,48.  Abstract ( 1893 )   PDF (987KB) ( 2413 )   In order to improve the lack of risk probability measurement in the risk management theory, and provide references for quantitative management in trade secret risks caused by tacit knowledge transferring in collaborative technological innovation, the features of trade secret risk probability measurement caused by tacit knowledge transferring in collaborative technological innovation are analyzed, and the combinition of evidential theory and subjective probability is selected to measure trade secret risk probability caused by tacit knowledge transferring in collaborative technological innovation based on existing research on risk probability measurement. Then, the f(Ai)=Bel(Ai)+ (|Ai|/|Θ|) × [pl(Ai) - bel(Ai)] is proposed as an ultimate model to measure trade secret risk probability caused by tacit knowledge transferring in collaborative technological innovation. Finally, a concrete calculative example is given. References | Related Articles | Metrics

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Motivations and policy implications of low-carbon technologyinnovation based on manufacturing industry Hua Jinyang 2011, 32(6): 42-48.  Abstract ( 2122 )   PDF (955KB) ( 2704 )   The fundamental way for developing low-carbon economy is low-carbon technology innovation. However, as the main participators of technology innovation, the enterprises need to strengthen their motivations of low-carbon technology innovation. In order to improve the applicability of the environmental and energy policies, there is a demand for further understanding the real situation about their motivations of low-carbon technology innovation. Firstly, a motivation framework which puts forward some possible sources of motivation based on the theory review is developed, and then a questionnaire survey involving a development area of Zhejiang Province is conducted. Secondly, the distribution characteristics of the motivations based on a parallel comparison between the survey outcomes both in Zhejiang Province and Shanghai City conducted at the same time are probed into, and the evaluative characteristics based on a fore-and-aft comparison between the new surveys and the survey conducted by Xu et al in 1994 are investigated. Finally, the theoretical implications are concluded and some relative suggestions for the policies are proposed. References | Related Articles | Metrics

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The measurement of enterprise knowledge integration capability Zhang Xiaodi, Zhao Songzheng, Wang Juanru 2011, 32(6): 49-58.  Abstract ( 3235 )   PDF (1007KB) ( 3671 )   Knowledge integration capability is essential to the enterprise capability and source of competition advantage, but there is a few of research about the measurement of enterprise knowledge integration capability constrained the development of the enterprises. The concept of enterprise knowledge integration capability was analyzed first, then its architecture model was built up and measurement scale was developed according to Churchill's paradigm. Reliability and validity of the scale was also tested based on an empirical study. The result shows that the measurement scale has good reliability and validity; it can not only provide a measurement framework for the future academic research in theory, but also provide a benchmark for enterprises to improve knowledge integration capability and support the process and assessment of enterprise knowledge integration capability in practice. References | Related Articles | Metrics

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Calculation and comparison for the energy conservation effects ofstructure change and technical progress——Based on the east region of China Wang Di, Nie Rui, Zhao Yueying, Long Ruyin 2011, 32(6): 59-66.  Abstract ( 1799 )   PDF (975KB) ( 2337 )   The energy consumption change in eastern part of China was calculated based on Laspeyres index complete decomposition method, and accompanied with comparison between its vertical and horizontal aspects. The results indicate that economic growth is a main factor that pushes ahead with the increase of regional energy consumption, and technological progress and structural adjustment play an important role in energy conservation. Meanwhile, improvement of the sector energy efficiency is the predominant cause of energy conservation. Only very small changes in industry sector structure and energy efficiency could have great impacts on the whole energy conservation, among them, increasing energy efficiency is crucial to the technological conservation. It could also learn from results that short-time conservation effects of structure adjustment characterized by phase variation are not so obvious; the root is in the investment effects of high-resource dependent industries, earlier stage overdraft of energy consumption, ant its lag effects, which led to weaken the structural effects. Finally, some suggestions involving industrial structure adjustment, energy structure optimization, and energy efficiency elevation, etc are given. References | Related Articles | Metrics

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Heterogeneity of FDI and technological spatial interdependence in the economic growth Gao Yuandong, Chen Xun 2011, 32(6): 67-74.  Abstract ( 1909 )   PDF (920KB) ( 2625 )   There are lots of literatures on the technological spillover and the heterogeneity of FDI in economic growth. However, majority literatures ignore spatial effects in the economy. Therefore a growth model of the heterogeneity of FDI together with the technological interdependence between economies-spatial augmented solow model is developed, and a fixed-effect spatial panel estimation is conducted by using the sample of Chinese provinces over the period 1987-2007. The results indicate that (1) the technological interdependence between provinces exists and remains significant; (2) FDI's spillover effect is significantly different from domestic physical capital; (3) the economic growth between provinces is interdependent; (4) the spatial externality of FDI is insignificant in the whole country of China, but is significant in China's eastern region. The conclusion is instructive in the distribution of the domestic investment between provinces, the formulation of FDI policy, and the joint development of neighboring provinces' economies. References | Related Articles | Metrics

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The contribution factors of the dilemmas of performance managementin Chinese state-owned enterprises:A field tracking research on the performance management project of G Airport Group Mu Sheng 2011, 32(6): 75-83.  Abstract ( 1865 )   PDF (990KB) ( 2625 )   The implementation of performance management of Chinese State-Owned Enterprises(SOE) depends on the agent's motive. This motive rests with the cost-benefit for the agent, and technical factor is just one of the factors affecting the cost-benefit. By establishing the cost-benefit model based on the agent implementation of performance management, several influences caused by the features of SOE on the cost-benefit of the agent are depicted. By the field tracking research on the process for implementing performance management of a typical SOE i.e. G Airport Group, the existence of these influences is confirmed, their mechanism is defined, and the dilemma of performance management in SOE is explained. For the agents, performance management is a long-term investment. The property right attribute and organizational culture of SOE make the investment period too long, with the short-term behavior tendency of the agent and their limited rationality, all of which lead to the loss of the performance management project. Essentially, the absence for the right of agent’s residual claims is the root which causes the dilemma of performance management in SOE. References | Related Articles | Metrics

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From genes to performance—The interpretation of the pattern of management research Jin Zhanming, Yang Xin 2011, 32(6): 84-90,99.  Abstract ( 1801 )   PDF (993KB) ( 2397 )   A conclusion is drawn, that is, individual DNA and enterprises DNA that constitute enterprises genes are the most fundamental reason for all strategic business decisions, behaviors, and results based on the analogy of human genome map. Furthermore, both entire strategic management and the organization management studies follow a potential model-enterprise path that genes determine its attitude, the attitude decides the decision structure and behavior, behavior resolves the final outcome. Either focus on the relationship between genes and performance directly or through dependent variables, independent variables, intermediate variables, and moderator variables, all organization and management studies are the paths of this enterprise gene map. References | Related Articles | Metrics

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The cause of differences in benefits from network embeddedness for enterprises in the alliance Li Shuncai, Li Wei, Nie Ming 2011, 32(6): 91-99.  Abstract ( 1985 )   PDF (962KB) ( 2653 )   A LISREL model was tested based on a sample of 220 enterprises to investigate the relationships among organizational culture, external knowledge management capacity, and benefits from network embeddedness. The results indicate that the differences in organizational culture is an important cause of differences in external knowledge retention capacity and absorptive capacity, and external knowledge retention capacity and absorptive capacity in turn affect the degree of benefits from network embeddedness. From the view of increasing firms' benefits from network embeddedness, the suggestions for the contents and methods of firms' organizational culture construction and knowledge management are given. References | Related Articles | Metrics

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The valuation of corporate social value Mai Sheng, Wang Keyi, Kuang Haibo 2011, 32(6): 100-107.  Abstract ( 3459 )   PDF (983KB) ( 3151 )   The creation of corporate social value adds to the new connotation to the corporate value management, and the valuation of corporate social value also is a new field for exploring. The theories of corporate social value are discriminated, and the structural model of corporate social value system and fuzzy hierarchy evaluation of corporate social value are proposed and designed. Then the valuation model of corporate comprehensive value is constructed based on the discounted cash flow, and the evaluation model is examined with a case. Results demonstrate that the way of corporate social value valuation proposed in here is capable for representing the performance of corporate social contributions quantitatively. Furthermore, by transforming the evaluation results into impact coefficients of risk discount rate and long-term growth rate, the model can be indirectly used to estimate the corporate social value with the monetary measurement. References | Related Articles | Metrics

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The historical evolution and coordination status of the policies onhigh technology industry development zones Wang Tao, Li Yi, Wang Zhangfa 2011, 32(6): 108-115.  Abstract ( 3663 )   PDF (945KB) ( 4422 )   The High Technology Industry Development Zones (HTIDZs) are an important part of national innovation system of China, and have made great contribution to the development and industrialization of high-technologies and the development of regional economy. The HTIDZs policies issued since 1988 are collected, and the evolution process of HTIDZs policies is examined from four aspects, including the setting-up context, the number distribution of relative policies, the departments involved in policy formulation, and policy instruments. The coordination status of HTIDZs policies is also investigated from five dimensions, including policy consistency, policy complementarity, policy overlapping, policy deficiency, and policy contradiction. The results indicate that both policy objectives and policy instruments of HTIDZs policies have undergone important changes; HTIDZs policies show the good consistency and complementarity, and they also show the phenomena of overlapping, deficiency, and contradiction of policy. References | Related Articles | Metrics

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The efficiency of China's financial institutions and their correlation with the economic level Chen Xiaohong, Wan Guangyu, Cao Yu 2011, 32(6): 116-123,132.  Abstract ( 2841 )   PDF (994KB) ( 3111 )   The super-efficiency DEA methods are employed to evaluate the efficiency of financial institutions in every province of China from 2001 to 2008. The technical efficiency, pure technical efficiency, and scale efficiency of financial institutions are investigated, respectively and then the relationship between the efficiency and economic level of regions is examined using panel data analysis methods. The results show that financial institutions of the majority of provinces are increasing returns to scale and only some of provinces in the eastern China are decreasing returns to scale. The cointegration test results do not imply that there is a long-term cointegration relationship between the efficiency of financial institutions and economic level of regions. Granger causality tests show that economic level is the Granger cause of the efficiency of financial institutions. The results of panel data estimation show that increasing the economic level of a region in China improves the technical efficiency and pure technical efficiency of financial institutions of the region. The higher or lower economic level may be in favor of improving the technical efficiency and pure technical efficiency of financial institutions of a region, but it is harmful to the scale efficiency. References | Related Articles | Metrics

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Collusion-proof mechanism designing for rural micro-group-lending Meng Weidong, Zhou Pingfeng, Jiang Limei 2011, 32(6): 124-132.  Abstract ( 2086 )   PDF (1036KB) ( 2747 )   Using the mechanism design theory, individual loan contracts and collusion-proof group lending contracts with asymmetric information are designed, and the effect of structure of the social members in the village and project revenue on MFIs' decisions is studied. The results show that individual contracts and collusion-proof group contracts designed by MFIs can avoid adverse selection and moral hazard. Compared with the individual contracts, collusion-proof group contracts which are designed based on assortative matching effect are suitable for more villages and can extract more rents. Only if the structure of the social members in village and project revenue could make MFIs' maximum expected payoff no less than zero, then the MFIs are ready to provide collusion-proof group contracts; while with the limited capital, the MFIs still needs to rank their maximum expected payoff in different villages. References | Related Articles | Metrics

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The relationship between management compensation and earnings management of companies Huang Wenban, Li Yanxi 2011, 32(6): 133-139.  Abstract ( 3179 )   PDF (941KB) ( 3447 )   Management compensation is an important part of the constrain mechanisms for the earnings management. The listed companies during the period of 2006-2008 are chosen as research samples both in Shanghai and Shenzhen Stock Exchanges from angle of the management compensation contracts, the modified Jones model is used to calculate the discretionary accruals which is used to measure the extent of earnings management. Then a regression model for the examining the relationship among management salaries, management shareholding, and earnings management is constructed. References | Related Articles | Metrics

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The antecedents and consequence of ambidextrous organizational learning:Based on ambidexterity perspective Chen Jianxun 2011, 32(6): 140-149.  Abstract ( 2429 )   PDF (999KB) ( 2605 )   The current research on organizational learning has neglected the roles playing by top leaders' leadership. Based on the ambidexterity perspective, along with the research findings of leadership theory, organizational learning theory, and innovation theory, a model of antecedents and consequence of ambidextrous organizational learning is built, and the hypothesis is tested by using Chinese samples. The finding reveals that ambidextrous leadership is a key antecedent of ambidextrous organizational learning, and ambidextrous organizational learning has a positive effect on ambidextrous innovation through a mediate role of ambidextrous organizational learning. It is also found that when the company faced the higher degree ambidextrous environment, ambidextrous leadership has a positive effect on ambidextrous organizational learning, when the company faced lower degree ambidextrous environment, ambidextrous leadership has a negative influence on ambidextrous organizational learning. Finally, the conclusion, significance, and contribution of these results are discussed. References | Related Articles | Metrics

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The comparison of the research performance between NIH intramural institutesand Rockefeller University Yang Lingchun, Zhou Hui, Cai Hui, Liao Rikun, Zhang Yan 2011, 32(6): 150-156,164.  Abstract ( 3733 )   PDF (1043KB) ( 4141 )   The research performance of NIH intramural institutes is compared with that of Rockefeller University, which is also focused on the biomedical area. The comparison includes institution size, research funding, the number of papers published in Science/Nature/Cell, the number of Nobel Prize winners, and the number of members in National Academy of Sciences between two organizations. The analysis shows that the quantities of funding can not grantee the quality of scientific research. The scientific research system, not funding itself, decides the research performance. The combination of competing and non-competing funds and the high quality research team can bring up better performance. Also the competing projects under the peer review are more effective. References | Related Articles | Metrics

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A technology innovation model of leading enterprise dominant cluster—Considering the distance decay effect of technological spillover Zhao Hua, Li Yan 2011, 32(6): 157-164.  Abstract ( 2021 )   PDF (1025KB) ( 2806 )   Considering the distance decay effect of technological spillover, the enterprise dominant cluster innovation model is analyzed. First, the clusters are divided into two types, namely, single-leading enterprise dominant cluster and multi-leading enterprise dominant cluster. Then the impact of firms' temporal and spatial distance on products market and innovation input of different cluster firms is explored. Finally the decision-making conditions and effects of game are analyzed. References | Related Articles | Metrics