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25 January 2014, Volume 35 Issue 1 Previous Issue    Next Issue

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Empirical research on strategic flexibility and innovation performance under dynamic environment Fan Zhigang, Wu Xiaobo 2014, 35(1): 1-8.  Abstract ( 1966 )   Strategic flexibility in a dynamic environment has an important impact on enterprises' innovation performance, but an in-depth exploration still lacks in the present literature as to its specific working mechanism. This paper examines the effects of strategic flexibility on innovation performance by incorporating proactive and reactive strategic flexibility into the framework of strategic flexibility, and the moderating effects of environmental change. By conducting an empirical study of 228 sample Chinese manufacturing firms, the results show that: (1) Both proactive and reactive strategic flexibility have positive effects on innovation performance; (2) Rate of environmental change positively moderates the relationship between proactive strategic flexibility and innovation performance, and negatively moderates the relationship between reactive strategic flexibility and innovation performance; (3) Turbulence of environmental change positively moderates the relationship between reactive strategic flexibility and innovation performance. The results indicate that firms facing fast rate of environmental change should pay more attention to proactive strategic flexibility, while facing high turbulence of environmental change should pay more attention to reactive strategic flexibility. These results have not only deepened and broadened the theory of strategic flexibility, but also provided helpful references for the strategic practices of enterprises. References | Related Articles | Metrics

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Empirical research on effects of intellectual property risk in innovation performance——Based on the alliance's co-opetition Qi Hongmei, Wang Sen 2014, 35(1): 9-15.  Abstract ( 1689 )   Firstly, this paper deeply analyses the impact of risk of intellectual property affects on innovation performance. secondly, the conceptual model of the effect among the risk of intellectual property rights, the sense of co-opetition, technology absorptive capacity and innovation performance is made, finally, the conclusion of empirical analysis is that the existence of intellectual property risk in the alliance will stimulate the awareness of members of competition and cooperation, improving the alliance's innovation performance. References | Related Articles | Metrics

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Network capability, organizational tacit knowledge acquisition and radical innovation performance Fan Jun, Guo Liqiang, Nie Jinjun 2014, 35(1): 16-24.  Abstract ( 1909 )   It has a positive impact on improving their radical innovation performance for SMEs in KIBS to use their network capability to acquire the organization tacit knowledge from external social network. Based on a theoretical analysis and an investigation into 213 SMEs in KIBS in Zhejiang Province via questionnaire and empirical study, it is found that the capabilities of network visioning, constructing, operating and orienting all have a significantly positive effect on the organization's cultural tacit knowledge acquisition and the organization's embedded tacit knowledge acquisition; both kinds of organization's tacit knowledge acquisition have significantly positive effect on the radical innovation performance; the organization's tacit knowledge acquisition plays a partial mediation role in the relationship between network constructing capability and radical innovation performance, as well as between network operating capability and radical innovation performance; organization tacit knowledge acquisition wholly mediates the relationship between network visioning capability and radical innovation performance, just as what it does between network orienting capability and radical innovation performance. References | Related Articles | Metrics

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A dynamic analysis of innovation inputs and outputs based on SVAR model—A case study of China's large and medium industrial enterprises Lu Fangyuan, Li Xiaoge 2014, 35(1): 25-32.  Abstract ( 1969 )   This paper establishes the SVAR model based on the stationary test, co-integration test and Granger causality test, and makes an empirical analysis on Chinese LME independent innovation input-output using the impulse response and variance decomposition technology. The results show that the R&D investment intensity, R&D personnel investment intensity and production equipment input capability have a long-term equilibrium relationship with the innovation output. The shocks which come from the R&D investment intensity, R&D personnel investment intensity and production equipment input capability have a positive impact on the independent innovation output, and the production equipment input capability contributes the most while the R&D personnel investment intensity ranks the second in the contribution. However, there exists a long-term lagging between the increment of R&D investment intensity and its effect on the innovation output. References | Related Articles | Metrics

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R&D mode and innovation performance of enterprises within innovative cities Wu Suchun 2014, 35(1): 33-40.  Abstract ( 1902 )   Improving enterprise innovation performance is an effective way to build innovative city, and R&D mode is closely related to the enterprise innovation performance. By employing the R&D data of industrial enterprises above designated size within innovative cities, an econometric analysis of innovative output of enterprises' different R&D mode is made based on improved knowledge production function.Results indicate that the output elasticity of internal R&D is much higher than that of R&D cooperation, and both knowledge-based output and economic output of internal R&D are showing stability; different R&D cooperation mode has different innovation performance. Correlation analysis indicates that R&D mode selection is affected by the enterprise R&D capability, richness of urban R&D and educational resources, degree of enterprises agglomeration and internationalization, and government support for R&D activities. References | Related Articles | Metrics

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Evolution mechanism of technology flow network cross countries based on HakenModel—A case study of the aerospace field Sun Yutao, Liu Fengchao 2014, 35(1): 41-47.  Abstract ( 1777 )   A study onthe evolution mechanism oftechnology flow network cross countries is a new exploration in the field ofglobal innovationsystem.This paper constructs the technology flow network cross countries through international trade data, and sets up evolution equations of networksystemusing theHakenmodel, then does an empirical research using the TOP20countries in network as samples. The results show that, national technological innovation capability is the keyvariable in the evolution process oftechnology flow network cross countries, and enhancing thecapability of technological innovationisthe cornerstone fordeveloping countriesto enter into the globalnetwork. References | Related Articles | Metrics

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Relationships among profitability,technology innovation capability and capital structure——An empirical analysis based on high-tech firms Zhou Yanju, Zou Fei, Wang Zongrun 2014, 35(1): 48-57.  Abstract ( 1955 )   Based on the data of 126 high-tech firms listed in SSE A-share market over the period 2008 to 2010, and using the panel data model,this paper examines the relation between technology innovation capability and capital structure of Chinese listed high-tech firms, and it investigates meanwhile the adjustment function of profitability on such relation. It is found out that the percentage of R&D staff and the number of patents granted is positively related to the debt level, while the funding for R&D and the number of inventions applied is negatively related to the debt level. Furthermore, profitability's effect on reducing "risk benchmark" coexists with profitability's effect on improving "incentive motivation". It predicts that, in some cases, in order to stimulate the R&D initiative of employees, high-tech firms with high profitability tend to resort to equity finance, although they have the advantage of low "risk benchmark". In this paper, a beneficial supplement is made to some existing theory to provide some reference for the decision making of the high-tech enterprises' finance. References | Related Articles | Metrics

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Network characteristics and corporate entrepreneurshipof cluster enterprises: anempirical study based on entrepreneurial competence Ye Zheng, Zheng Jianzhuang 2014, 35(1): 58-65.  Abstract ( 1669 )   The corporate entrepreneurship of cluster enterprises has been an important path of the transformation and upgrading of industrial clusters. Influenced by the network characteristics, the entrepreneurship decision of cluster enterprises are very different. With questionnaires for132 effectivesample enterprises in the selected typical industrial clusters in Zhejiang Province, SEM method is used to verify the theoretical hypotheses of the relationship among network characteristics, entrepreneurial competence and corporate entrepreneurship. The empirical results indicate that there is a positive relationship between entrepreneurial competence and corporate entrepreneurship; the relation content, network scale and intermediary centrality of enterprises have positive influence ontheir entrepreneurship competence; the relation strength and network intensity have a positiveinfluence on entrepreneurial cognitive capability and resource integration capability, but a negative influence on opportunity access capability. References | Related Articles | Metrics

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On innovation and imitation in some industries of unprotected property rights Wu Changnan 2014, 35(1): 66-72.  Abstract ( 1360 )   In the service industry, most product or service innovation lacks the protection of property rights and the existence of imitating cost. When an enterprise makes any innovation, other enterprises will make instantaneous imitation, thus the enterprise is deficient of incentives to carry out product innovation. Based on the game theory, this paper studies the enterprise innovation at the levels where the innovation products are imitated by the imitating enterprises instantaneously or hysteretically and we have the conclusion that on the condition where there is no property right protection, if the innovator's sales speed is faster than the imitator's imitation speed, it is favorable for the innovation, and if it takes the imitators longer to make the imitation, it is also favorable for the innovation. References | Related Articles | Metrics

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An empirical study on non-implementation patent application motives of Chinese enterprises based on surveys Mao Hao, Liu Cheng, Lin Han 2014, 35(1): 73-80.  Abstract ( 1974 )   China is experiencing a boom in patent application, in which enterprises play an important role. For what purpose are the enterprises conducting patent application, and what are the main factors which caused widespread concern in the theory and practice circles? International experiences show that companies are constantly motivated by what is beyond the traditional purpose for which patent monopoly may protect the market revenue, and that a large number of patent applications are considered out of the non-implementation factors. To throw lights on the Chinese enterprises behaviors, this paper makes an empirical study by use of quantitative analysis methods on the above issues based on the data from China's National Patent Survey organized by State Intellectual Property Office. The results show that Chinese enterprises start to show a variety of non-implementation application features, and that the "entry into the patent pool and standards", the "shaping of the corporate image", the "uses for cross-licensing" and other features converge with international development. At the present stage in China, the enterprises' size, their ability to use intellectual property portfolio, the intellectual property maturity, external policy and other factors have a significant impact on the non-implementation of enterprises' applications motivation. References | Related Articles | Metrics

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Empirical research on measurement of Chinese LED packaging technology patents thicket Yuan Xiaodong, Luo Kai 2014, 35(1): 81-88.  Abstract ( 1855 )   It always remains difficult howto certify and measure the patent thicket, which means many and overlapping patents in a dense network, and the enterprises which seek new technology for commercialization must be licensed by more than one patent owners. As the patent documents filed to the Patent Office of P.R.Care not required to introduce the cited relationshipamong patents,all the foreign measurement methods which are extensively applied to measuring the patent thicket are not suitable for our country. This paper takes LED packaging technology patents from 1997 to 2010 in China as an example, uses comprehensively the methods ofPareto law, the proportion method and prime lawmeasure, and the research shows that the LED packaging technology patents have illustrated a fragmentation tendency in China. References | Related Articles | Metrics

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Relationship between network reciprocity degree and management innovation—Based on learning capability and members' agglomeration degree Xie Hongming, Ren Yanyan, Chen Ying, Cheng Cong, Cheng Xuanmei 2014, 35(1): 89-96.  Abstract ( 1653 )   Scholars are increasingly paying more attention to the problem that how enterprises' management innovation is affected by the relationship between enterprises and geographical agglomeration degree. By discussing the impact of network reciprocity levelon management innovation and analysis of intermediate role of learning capability and the controllable role of agglomeration, R&D investment and enterprise size, we propose a theoretical model among networkreciprocity level, learning capability and management innovation, and use structural equation model to test the research hypothesis, which are based on 458 samples of high-tech enterprises and private technological enterprises in Guangdong, China. Theempirical findings show that learning capability plays a complete intermediate role on the relationship between network reciprocity level and management innovation, and exhibits a more positive intermediate role in the enterprise network of low agglomeration;meanwhile, the relationship among networkreciprocity level, learning capability and enterprises' management innovation is also affected by the size of the enterprise scale and the level of R&D investment. The research extends and deepens the understanding and recognition that whether and how external organizations affect the enterprises' management innovation in industrial clusters and network. References | Related Articles | Metrics

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Research on relationship between corporate socialresponsibility and customer loyalty—Anempirical analysisbased onsomeof the dairy consumerawareness Chen Xiaofeng 2014, 35(1): 97-105.  Abstract ( 1997 )   In order toverify the relationship between CSR and customer loyalty, this paper takes brand trust as an intermediary variable and makes factor analysis, reliability,validity testing, and regression analysis which arebased on the survey of dairy consumersin some areasof Jiangsu. The empirical result demonstrates that there exists a significant positive correlation among CSR, customer loyalty and brand trust, and brand trust also plays an intermediary role in the relationship between CSR and customer loyalty. Therefore, the enterprises should focus on buildingupbrand trust andloyalty when they fulfilltheir CSR actively and also pay more attention toconsumers'brandperceptionandevaluation. References | Related Articles | Metrics

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The relationship among HR practices, HR system strength and innovation climate Wang Yanping, Liu Xiaoguang, Zhang Yali 2014, 35(1): 106-114.  Abstract ( 1669 )   Based on the literature review, a hypothetical model involving the relationship among HR practices, HR system strength and innovation climate is put forward and the scale for the HR system strength is developed. Through a questionnaire investigation on 116 enterprises in Shaanxi Province, an empirical study on the model is conducted and the result shows that strength of HR system contains three dimensions (distinctiveness, consistent and consensus); the HR practices have positive effect on consensus and have negative effect on consistence; consensus and consistence have positive effect on distinctiveness; consensus has positive effect on consistence; and distinctiveness has positive effect on climate of innovation. Overall, the idea that HR practices influence climate of innovation through the HR system strength is empirically supported. References | Related Articles | Metrics

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Impact of service-dominant logic orientation and resource interaction upon value co-creation Zhang Jing, He Yong 2014, 35(1): 114-121.  Abstract ( 2288 )   By integrating the theoretical frameworks of service-dominant logic and resource interaction approach, this paper examines the relationship among service-dominant logic orientation, resource interaction capability, value co-creation activities, and customer value perception in the context of knowledge intensive business services. The questionnaire survey of 228 pairs of firms comes to the following findings: the service-dominant logic orientation will facilitate the service provider's capability of resource interaction with the customer's company, then improve the value co-creation activities including joint planning, joint implementation and joint problem-solving, and finally enhance the customer value perception. This paper makes great contribution to the literature of both service-dominant logic and resource interaction approach, which are still in the stage of theory building and qualitative exploration, by providing empirical evidence. In addition, managerial implications are provided for industrial services companies as to how to deliver superior customer value by integrative employment of resources and value co-creation activities across organizations. References | Related Articles | Metrics

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A study of institutional pressures' influence on corporate social responsibility: an organizational legitimacy perspective Shen Qi Taisong, Ge Xiaochun, Song Chengcheng 2014, 35(1): 122-129.  Abstract ( 2052 )   Concerning the divergent views on the relationship between the corporate social performance (CSP) and the corporate financial performance (CFP), this study discusses the question of the driving mechanism of the corporate social responsibility (CSR) based on the perspective of organizational legitimacy, and constructs the theoretical model of "institutional pressures-social strategic response-corporate social performance". Through theoretical and empirical analysis, the authors find that the regulative, normative and cognitive pressures have significant positive influences on social strategic response, but the significant positive influence on the CSP could only be found on the regulative pressure. However, social strategic response has significant positive influence on the CSP, which plays as an important role between the external institutional pressures and the CSP. Finally, the authors discuss the theoretical and managerial implications of this study. References | Related Articles | Metrics

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An analysis of producer services influence on improvement of manufacturing industry's efficiency Zhang Zhengang, Chen Zhiming, Hu Qiling 2014, 35(1): 130-137.  Abstract ( 1812 )   By using the spatial panel data of 9 cities in the Pearl River Delta of Guangdong province from 1997 to 2009, this paper analyses the influence of the development of producer services on the efficiency improvement of manufacturing industry from such three dimensions as profession, space and time. Results indicate that, firstly, the development of producer services can not only enhance the efficiency of the local manufacturing industry, but also help to improve the efficiencies of the adjacent and even non-adjacent regional manufacturing industries by spatial spillover effect. Secondly, by ways of expanding industrial scale, advancing industrial level and upgrading industrial informationization, producer services can bring positiveimpactson the efficiency improvement of manufacturing industry in varying degrees. Thirdly, the impacts get featured with dynamic evolution.Since 2006, the impact of the scale expansion of producer services on the efficiency of manufacturing industry has weakened gradually, while the impacts of the industrial level, industrial informationization and spatial correlation have further strengthened. Fourthly, there is no statistical significance between the spatial aggregation of producer services and the efficiency of manufacturing industry in the paper. Finally, some recommendations are proposed from the aspects of cooperation mechanism, service platform, intelligent service industry and operational service environment. References | Related Articles | Metrics

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Empirical study on Chinese firms' OFDI motives based on location pull factors Zhu Hua 2014, 35(1): 138-148.  Abstract ( 1902 )   China's Outward Foreign Direct Investment (OFDI) has experienced dramatic soaring in recent years, becoming the main FDI sourcing country which contributes to the flourishing of developing countries' OFDI. First, the paper attempts to modify the motives or strategies framework suitable to emerging countries based on Resource-based View (RBV), and classifies the motives into three types, namely resource-intensifying, resource-complementing and resource-developing. Then based on the hypotheses from pull factors of host countries, the paper explores the strategic motives of China's OFDI by reverse deduction. Using the panel data from 53 Chinese OFDI destinations during 1998-2008, it is found out thatChina's OFDI is mostly resource-intensifying and complementing type of motives, which have taken on the characteristics of sequentially diversified progress and varied with different host countries. The results from China can not only help explain the reasons forChinese OFDI, but also provide reference for the general motive studies on emerging countries' OFDI. References | Related Articles | Metrics

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Path and evolution of value innovation in modular organization Wang Yu, Ren Hao 2014, 35(1): 149-155.  Abstract ( 1583 )   As a new institutional arrangement in the market, modular organization highlights the superiority of value innovation. Path of value innovation in modular organization means the set of matched elements, such as organizational means of growth, strategic plan, and the choice of implementation approach. This paper firstidentifiesthree paths of value innovation of modular organization: competition-cooperation interaction path, value convection path,modular operating path, then compares elements and efficiency of the three value innovation paths. Based on this, a path evolution model is built, and path evolves in the direction of "competition-cooperation interaction path → value convection path→modular operating path". Finally, the process of path evolution is empirically analyzed by using Metersbonweas a study case. References | Related Articles | Metrics

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Research on PPP project financing efficiency from government perspective——Taking BOT and BOO modes as examples Tang Wei, Wu Hailong 2014, 35(1): 156-161.  Abstract ( 2165 )   Public private partnership (PPP) can help solving the shortage of government project investment, so its financing mode selection and evaluation problemsare much more important. According to the financial evaluation method, the paper puts forward an evaluating target called "Project Financing Benefit", and from the government's perspective, it gives out the financing efficiency formula and calculation steps of BOT and BOO modes for franchising projects. After that, a coal mine project analysis is made as an example and the conclusions show that BOT mode is more suitable for this kind of project than BOO, and the reasons for the difference of the two financing benefits lie in the analysis position and calculation time. The project financing efficiency model can provide important indicators and methods for the comprehensive evaluation of these varieties of financing scheme, and the conclusions can be used for thechoice, design and optimization of this kind of franchise project financing model. References | Related Articles | Metrics