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27 June 2013, Volume 34 Issue 6 Previous Issue    Next Issue

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The effect of STI/DUI learning on innovation performance:The moderative role of environmental dynamicity Guo Aifang, Chen Jin 2013, (6): 1-8.  Abstract ( 1908 )   PDF (1067KB) ( 3505 )   Exsisting studies mainly devote to the general analysis on how organizational learning determines innovation performance; however a thorough and systematic research involving the effects of different learning behaviors on the inovation performance of enterprises is quite rare. The impact of Science, Technology, Innovation(STI)/Doing, Using, Interacting(DUI)-based learning on technological innovation performance as well as the moderative effect of environmental dynamicity is studied, and by taking the survey of 230 manufacturing enterprises in China as sample, a empirically study is carried out. Results indicate that (1) both STI-based learning and DUI-based learning are able to facilitate the technological innovation performance of enterprises; (2) STI learning and DUI learning are closely related with each other and are able to complementarily facilitate the technological innovation of enterprises; (3) environmental dynamicity moderates the relationship between STI learning and DUI learning and innovation performance. Hopefully, the findings are able to provide the guidance for enterprises to enhance their innovative capabilities and innovation performance. References | Related Articles | Metrics

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Knowledge spillovers analysis on interregional innovative behaviors based on spatial measurement Li Zhihong, Wang Na, Ma Qian 2013, (6): 9-16.  Abstract ( 1834 )   PDF (1009KB) ( 2684 )   Innovation and knowledge accumulation are the important factors to promote technological progress and economic growth. The knowledge production function characterizes the relationship between R&D inputs and outputs. With the framework of the knowledge production function, the knowledge stock influence of local and the rest regions is considered. By using both spatial lag model and spatial error model, a regression analysis on the knowledge spillovers of interregional innovation behaviors for the 31 provinces in China is conducted. The results indicate that firstly, R&D expenditures have a significant positive effect on the regional knowledge production; meanwhile the relation between R&D personnel full time equivalent and knowledge production is insignificant. Secondly, the relation between knowledge stock and regional knowledge production is significant. Local knowledge stock has a positive effect on knowledge production; however other regions’ knowledge stock has a negative effect. Thirdly, regional innovation activities in China have shown a strong trend of spatial aggregation. According to the research results, several proposals are put forward for interregional innovation. References | Related Articles | Metrics

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Forming mechanism of competitive advantages for market-oriented medium, small, and micro-sized enterprises——Taking knowledge integration and organizational innovation as the intermediary Jiang Tianying, Sun Wei, Bai Zhixin 2013, (6): 17-24,67.  Abstract ( 1810 )   PDF (2212KB) ( 3133 )   Based on the literature review, a formation mechanism model of competitive advantages for the market-oriented medium, small, and micro-sized enterprises is proposes. By taking 136 medium, small, and micro-sized enterprises as samples in the seven areas of Zhejiang Province, the scales of enterprises and innovation patterns are introduced as control variables, and an empirical study on the model is conducted. The results show that market orientation has a positive impact on knowledge integration for the medium, small, and micro-sized enterprises. Market orientation has not only a direct impact, but also an indirect impact on organizational innovation through knowledge integration. Market orientation not only directly affects the competitive advantages of these enterprises, but also indirectly affects the competitive advantages of them by knowledge integration and organizational innovation. Knowledge integration has a significant positive impact on organizational innovation, while it has no impact on competitive advantages. Organizational innovation has a significant positive impact on competitive advantages in medium, small, and micro-sized enterprises, and also plays a completely intermediary role between knowledge integration and competitive advantages. Furthermore, it is also found that for the small and micro-sized enterprises, market orientation has an insignificant impact on organizational innovation and competitive advantages; knowledge integration and organizational innovation also have an insignificant effect on competitive advantages of them. References | Related Articles | Metrics

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Quantitative analysis on the stakeholders of regional innovation policies Sheng Ya, Chen Jianping 2013, (6): 25-33.  Abstract ( 1826 )   PDF (912KB) ( 2786 )   A set of innovation policy quantitative methods and tools for analyzing stakeholders in innovation policy is developed, and then the methods and tools are put into practice for quantitatively analyzing the regional innovation policies of Beijing, Shanghai, Zhejiang, Guangdong, and Jiangsu, and several results are obtained as follows: Firstly, the distribution structure of stakeholders of innovation policies in these five regions is diversified and comprehensive, and the main bodies are shareholders and competitors. Secondly, the interest-power structure of stakeholders presents a universally unsymmetrical, and the regional innovation policy attaches more importance to interest rather than power significantly. Thirdly, based on the results of cluster analysis of distribution structure and content structure, some gaps between the presence of regional innovation policy and theoretical expectation are found. Finally, the contrast between the regional innovation policy quantitative results provides a supports for the thesis of regional innovation policy assimilation from stakeholder perspective. References | Related Articles | Metrics

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Impact of network structural holes on enterprise technological innovation activities Zhang Dan, Hu Zuguang 2013, (6): 34-41.  Abstract ( 1790 )   PDF (973KB) ( 2965 )   The existing research shows that the network structural hole has two totally opposite effects on the enterprise technological innovation activities i.e. on the one hand, the network structural hole expands the diversity of touchable information, exerting a positive impact on technological innovation activities; on the other hand, the network structural hole increases the risk of opportunistic behavior, bringing a negative effect on the technological innovation activities. In fact, taking the different types of technological innovation activities into consideration, these two effects might not be contradictory. The study results show that network structural holes have a positive impact on the exploratory innovation, and the trust has positively moderated the relation between two of them. Network structural holes have the insignificant impact on the exploitative innovation activity. References | Related Articles | Metrics

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Technology choice, input intensity, and enterprise innovation performance Kang Zhiyong 2013, (6): 42-49.  Abstract ( 1664 )   PDF (929KB) ( 2848 )   Whether more advanced technology choice is better for enterprise innovation? Whether stronger input intensity is better for enterprise innovation? Based on the theoretical framework of appropriate technology, some exploratory research on these issues is carried out by using a large sample data of Chinese domestic enterprises in the manufacturing sector. Through empirical test, it is found that (1) under the control of the input intensity in enterprise innovation, there is also an inverted "U"-shaped relationship between the level of innovative technology and innovation performance; (2) under the control of the technical level of enterprise innovation, there is also an inverted "U"-shaped relationship between the input intensity in enterprise innovation and innovation performance. Therefore, over emphasis on the advance ness of technology and the high intensity of innovation input does not conduce to the improvement of innovation performance. Entrepreneurial innovation activity must follow a comparative advantage strategy to maximize the innovation performance through the promotion of the self-generated ability. References | Related Articles | Metrics

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On the decline of carbon emissions intensity in China: Structural effect and patent effect Zhou Wuqi, Nie Ming 2013, (6): 50-57.  Abstract ( 1805 )   PDF (1192KB) ( 3082 )   The dynamic effect of structural factors and patents on carbon emission intensity in China from the year of 1985 to 2009 is analyzed by employing ARDL model and bound testing approach. The empirical results show that per-capita income has a significant negative impact on carbon emission intensity and the coal share in total energy consumption has a significant positive impact on it. The increasing per-capita income might help improving the decline of carbon emission intensity; however the marginal impact of per-capita income on carbon emission intensity is lower than that of the coal share on the intensity. The short term impact of the coal share on carbon emission intensity is significantly lower than its long term effect. The share of tertiary industry in GDP shows a significant impact on carbon emission intensity; however its impact on the carbon emission intensity is not identical with the different models, indicating an unbalanced development trend within tertiary industry. Therefore, the target of industrial structure adjustment is not only to increase the proportion of tertiary industry in GDP, but also to speed up its transition to resource-saving and environment-friendly economic development. The short-term impact of patent output on carbon emission intensity is basically insignificant, showing a lag influence of patent output on carbon emission intensity. In the long run, a significantly negative correlation is found between carbon emission intensity and total amount of patent, practical new-typed patent and appearance design patent while there is a significantly positive relationship between carbon emission intensity and invention patents, showing that the invention patents have not played its promotive role in carbon intensity reduction yet. References | Related Articles | Metrics

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The path for the impact of enterprise network capability on innovation performance Zhou Jianghua, Liu Hongcheng, Tong Yunhuan 2013, (6): 58-67.  Abstract ( 1860 )   PDF (999KB) ( 3034 )   Based on the case study involving three cell phone manufacturing firms, how firms utilize innovation network to improve their innovation performance is explored. It is found that the level of network capabilities would impact the level of the innovation network significantly. Firms could use network capabilities to improve their positions in the network and enhance the competence of innovative network, and leverage innovative resources in the innovation network to improve innovation performance itself. It is also found that network capabilities could substitute technological capabilities in the short term, but in the long run, firms must improve their technological capabilities to obtain sustained innovation performance. The research extends the path knowledge involving the impact of network capabilities on innovation performance. References | Related Articles | Metrics

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The impact of environmental policy, technological progress,and market structure on environmental technology innovation Fan Qunlin, Shao Yunfei, Tang Xiaowo 2013, (6): 68-76.  Abstract ( 1792 )   PDF (1124KB) ( 2933 )   Maintaining rapid economic growth, reducing energy consumption, and easing environmental pressure are all dependent on technological innovation. By taking the Chinese large and medium industrial enterprises in 30 areas in Mainland China as example, the effects of environmental policy, technological progress, and market structure on environmental technology innovation are discussed through the establishment of panel models. The results show that environmental law regulation and environmental impact assessment have an insignificant effect on environmental technology innovation; the system of three concurrencies exists a positive impact, Both permission institution for discharging sewage and pollution control within a limit time institution have a negative impact, and the cumulative effects are obvious all existed. In the meantime, compared with other factors, human capital stock owns a positive effect, while R&D investment intensity owns a negative effect. It indicates that labor remains the major contribution element to Chinese large and medium industrial enterprises and the development mode is still slipshod. In addition, technology market owns a positive impact and cumulative effect on environmental technological innovation, indicating that the demand expectation of future domestic market rather than exports will promote more innovation. Namely, export trade does not promote the environmental innovation of China effectively. Finally, combined the analysis with the interpretation of empirical result, some specific recommendations are given. References | Related Articles | Metrics

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A prediction model for cruise tourism demand based on BP neural network Jia Peng, Liu Ruiju, Sun Ruiping, Yang Zhongzhen 2013, (6): 77-83.  Abstract ( 1721 )   PDF (1381KB) ( 2992 )   Scientific analysis on cruise tourism demand is the key issue to correctly guide the planning, investment, and development of the cruise industry. First, the method combining the qualitative research with quantitative analysis is used to identify the influential factors of cruise tourism demand. Based on the BP neural network, a model for forecasting the cruise tourism demand is built, and then the model is trained and tested on the basis of statistical data of U.S.A. cruise tourism market. Finally, a model that is used to forecast the demand of Chinese cruise tourism market is proposed and the results indicate that the prediction reaches at the precision above 95%. References | Related Articles | Metrics

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Enterprise size, capital structure, and social responsibility risk of supply chain Guo Yi, Feng Leming, Liu Yin 2013, (6): 84-90.  Abstract ( 1788 )   PDF (897KB) ( 2666 )   The relation between the feature difference of the both side involving enterprise size, capital structure and supply chain risk existing in Chinese export enterprise is focused on; this kind of supply chain risk particularly reflects whether an export enterprise faces the Corporate Social Responsibility (CSR) coming from its international trading partners. By using the dually selection of Logit and Probit models to analyze the data collected from the questionnaire on CSR. The research has found that the bigger the enterprise size is, the more likely it faces the CRS requirement from its international trading partners. Also the international trading partners have inclined to propose the CSR requirements to the enterprise whose capital structure is purely domestic. Finally, several reality explanations involving above result are given, and some relevant suggestion for Chinese enterprises are provided. References | Related Articles | Metrics

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The relativity among reciprocity, psychological contract reconstruction,and corporation performance-Based on the data certification of small and middle privatecorporations in Jiangsu and Zhejiang Provinces Lin Zhaowen, Zhang Tongjian, Zhang Lishen 2013, (6): 91-98.  Abstract ( 1731 )   PDF (990KB) ( 2797 )   Reciprocity preference is one of basic assumption of behavior economics; it brings on a strong challenge to the rational economic person assumption of traditional economics; it not only initiates the development of modern economic theory, but also has a great impact on the construction of corporation civilization construction. The management activity of small and middle private corporations includes obvious reciprocity features and improves the enterprise operational performance to some extent. The empirical research reveals the micro path mechanism of reciprocity culture in the process of corporation performance improvement for small and middle private corporations, which might provide the actual theory lesson for the small and middle private corporations to strengthen reciprocity management tactics and to actively reconstruct psychological contract, therefore to raise the operational performance of the enterprises. References | Related Articles | Metrics

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Spatial econometric analysis on Chinese patent product efficiency Ma Junjie, Lu Rui, Liu Chunyan 2013, (6): 99-105,114.  Abstract ( 1693 )   PDF (2136KB) ( 2943 )   Under the assumption that scale returns are variance, the usage of Total Factor Productivity (TFP) analysis framework is introduced. From the angle of production theory, the factors of pure technical efficiency change, scale efficiency change, technical change, and technical efficiency change are comprehensively considered. The knowledge production function is used to built a DEA-Malmquist index of patent output performance which could be used to detect the dynamic change of the efficiency. And then the socio-economic panel data of 30 provinces (municipalities) in China during the period of 2000-2008 are used to conduct an empirical analysis on patent output performance. And the spatial econometric approach is adopted to make a comprehensive investigation on regional differences and impact of influence factors. The empirical result shows that the efficiency of patent output maintains an upward trend and presents a distribution pattern of spatial dependence and spatial heterogeneity at the global scale, and the most of innovators concentrate in the eastern coastal area of China. Besides, it is also found that the level of regional economic development, the industrial structure, and the level of urbanization exert the important positive influence on the efficiency of regional patent output, meanwhile the index of transaction value in technical market and educational population receiving the degree equal or above associate diploma per 100,000 persons make insignificant contributors to the efficient growth in the short term. References | Related Articles | Metrics

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The effect of transactive memory system on team creativity and its acting mechanism:Taking exploitative learning and explorative learning as mediators Wang Duanxu, Xue Huijuan 2013, (6): 106-114.  Abstract ( 1664 )   PDF (1018KB) ( 2820 )   In the past few decades, how transactive memory system impacts on team creativity is under the debate. The mediating effect of team members’ learning on the relation between transactive memory system and team creativity is examined based on learning approach. The data of 33 operational teams from a comprehensive university in China are collected. The two dimensions of team members’ learning involving exploitative learning and explorative learning are constructed and validated. Based on the hierarchical regression analysis on the up and down rank matching data, the results show the positive effect of transactive memory system on team creativity and the mediative effect of exploitative learning on the relation between transactive memory system and team creativity. Meanwhile there is no mediative effect of explorative learning on the relation between transactive memory system and team creativity. References | Related Articles | Metrics

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Technology transfer system of Chinese universities Guo Dongni 2013, (6): 115-121,160.  Abstract ( 1732 )   PDF (1528KB) ( 2838 )   Technology transfer provides a bridge between universities and companies, making the thoroughly exchange of professional and technical information, and putting the results of high-tech R&D into better service for the society. The Chinese legal system of technology transfer since the establishment of new China is systematically sorted out. Furthermore, four kinds of different modes of university technology transfer in China are analyzed and the advantages, disadvantages, and applicable ranges of them are emphasized. Besides, the main shortcoming of current legal system is discussed. Accordingly, it provides the reference to the universities for selecting technology transfer modes, and also offers the proposal involving the main issues of legislation. References | Related Articles | Metrics

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An evaluation method for scientific research project selectionbased on the evidential reasoning algorithm under multi-dimensional frames of discernment Zhang Hongtao, Zhu Weidong, Wang Hui, Wu Yong 2013, (6): 122-128.  Abstract ( 1687 )   PDF (1029KB) ( 3201 )   To overcome the disadvantages of existing evaluation methods for scientific research project selection, a new evaluation approach based on the evidential reasoning algorithm under multi-dimensional frames of discernment is proposed. According to the logical relationship, the frames of discernment are distinguished to the parallel frame, progressive frame, and mixed frame. The comprehensive evaluation grade with the degree of familiarity and the funding advice plus the degree of familiarity in the peer review form are regarded as two parallel progressive frames and are transformed into pieces of evidence, where the peer reviews could be expressed by evaluation grades (funding advice) with belief. In this way, the incomplete information of peer reviews is able to be easily described and the valuable information of assessment could be fully integrated. Then the expert weights are given by the degree of familiarity and the peer reviews are integrated on two parallel frames, respectively by using the evidential reasoning operator. And then the evaluations of scientific research projects are quantified and selected. Finally, an example is given to check the validation of the approach. References | Related Articles | Metrics

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The impact of supply chain operational risks on firm competitive capability and performance Xu Dehui, Li Gang, Sun Linyan 2013, (6): 129-137.  Abstract ( 1959 )   PDF (1038KB) ( 2509 )   Supply chain risks are increasingly emerging,however the related research has just started. The impact of supply chain operational risk on the uncertainty involving competitive capability and performance of firms is studied by using the method of multiple regression analysis with 176 valid surveys in Chinese manufacturing industry. Results indicate the impact of supply chain operational risk on the uncertainty involving firm competitive capability and performance significantly is not total negative, supply risk impacts the three competitive capabilities, that is, product quality, delivery reliability, and process flexibility negatively; demand risk stimulates enterprise raising product quality and delivery reliability; technology risk boosts firm raising process flexibility. Meanwhile, process flexibility promotes operational performance and financial performance directly, while product quality and delivery dependability indirectly enhance the financial performance through operational performance. References | Related Articles | Metrics

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Statistical arbitrage strategies based on high frequency data Lei Jingsheng, Lin Sha 2013, (6): 138-145.  Abstract ( 2088 )   PDF (1298KB) ( 3155 )   The introduction of margin trading and stock index futures provides a good platform for the implementation of statistical arbitrage strategy of Chinese security market. Statistical arbitrage strategy is an important tool for applying the statistical methods to the stock market, high frequency data based statistical arbitrage strategies are able to meet institutional investors arbitrage demand, in the meantime a new and more effective investment is introduced. The statistical arbitrage strategies commonly used are improved and the new statistical arbitrage strategy is designed and tested empirically. The number of arbitrage transactions using the data of each frequency is significantly reduced, the average yield for each transaction is doubled; the purpose for accessing the largest single revenue and reducing transaction frequency is achieved. With new statistical arbitrage strategy, the use of the six frequency data arbitrage is able to achieve very good performance, and the profit forecast of outside samples based on the profitability within the sample is significantly enhanced. With the high frequency data, statistical arbitrage strategy applied to Chinese stock market is effect, and new statistical arbitrage strategy is significantly superior to the common strategy. References | Related Articles | Metrics

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E-think tank:Why it is possible and what it is able to do Zhang Yunhao 2013, (6): 146-151.  Abstract ( 1546 )   PDF (1015KB) ( 2972 )   With the development of knowledge politics, the limitations of traditional think tank become increasingly obvious. The development of Internet technology offers a possibility to change these limitations. Based on the Internet technology, the concept of electronic think tank is put forward, and the tank is built from the four aspects of top framework, database model, knowledge application module, and operation mechanism, so as to innovate the operational mode of traditional think tank. References | Related Articles | Metrics

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The independent innovation pattern of automobile joint ventures in China Zhu Fangwei, Yu Miao, Sun Xiuxia 2013, (6): 152-160.  Abstract ( 1945 )   PDF (1170KB) ( 3038 )   Due to the slow upgrade of technological learning pattern and asynchronism between technological catch-up and market competition, the joint ventures of the automobile industry in China are never able to achieve their initial goals i.e. exchanging market for technology. Recently, in order to realize the technology introduction substantially, domestic automobile joint ventures have successively launched some new proprietary brands and corresponding product development modes. How this kind of independent development mode of joint venture would effect the technology introduction, digestion, absorption, and re-innovation of China automobile industry? Based on three product development cases of automobile joint venture, the interaction mechanisms between the independent development mode of joint venture and independent innovation process of Chinese automobile enterprises are discussed; By comparing and analyzing multi-case studies, the key points for implementing joint venture independent innovation pattern are identified, and theoretical and practical reference for the substantial technology acquisition and independent innovation of Chinese automobile enterprises is provided. References | Related Articles | Metrics