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25 December 2014, Volume 35 Issue 12 Previous Issue    Next Issue

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The impact of network embedding on technical innovative performance based on the perspective of learning capability Xie Hongming, Zhang Ying, Cheng Cong, Chen Ying 2014, 35(12): 1-8.  Abstract ( 1253 )   PDF (1KB) ( 1083 )   Different types of network embedding have significantly different impact on enterprise innovative performance. The study constructs the theoretical model between network embedding, learning capability and technical innovative performance, and carries out an empirical study of the survey data from high-tech firms and private technological firms in Guangzhou by SEM method. The results show that: (1)network structure embedding has no relationship with technical innovative performance, and cannothave an indirect effect on it through mediatingthe learning ability; (2)network relationship embedding has a positively link to technical innovative performance, and learning ability also plays an incompletely intermediate role between network relationship embedding and technical innovative performance; (3)in the small business, network density will have insignificant effect on technical innovative performance. The results further deepen the technical innovative theory, and provide the guidance for enterprises to promote the technical innovation. References | Related Articles | Metrics

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Collaborative innovation mechanism, collaborative innovation atmosphere and innovation performance: Taking collaborative networks as the mediator variable Xie Xuemei, Xu Maoyuan 2014, 35(12): 9-16.  Abstract ( 1347 )   This paper examines the mediating effect of collaborative network in the relationship of collaborative innovation mechanism, collaborative innovation atmosphere and innovation performance of firms by the method of multiple regressions, based on the survey data of 316 manufacturing firms in the Yangtze River Delta region. The results show that: first, the collaborative network has a significant positive impact on innovation performance of firms; second, both of the collaborative innovation mechanisms and collaborative innovation atmosphere have significant positive impacts on innovative performance of firms; third, collaborative network have full mediating effect and incomplete mediating effect in the relationship of collaborative innovation mechanism, collaborative innovation atmosphere and innovation performance of firms respectively. References | Related Articles | Metrics

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Network competence, network status and innovation performance:Another perspective on the sources of industrial control capacity Liu Lanjian 2014, 35(12): 17-25.  Abstract ( 1135 )   PDF (1KB) ( 1584 )   This paper analyzes the relationship among network competence, innovation performance and network status of the enterprise, and holds thatthe network competence of an enterprise will affect the speed and quantity for the enterprise to obtain all sorts of resources in the network, which leading to the change of the enterprise's network status. We use SEM model to analyze the investigation dada from 240 domestic enterprises. The results show that there are significant interaction functions among network capacity, innovation performance and network status. The data shows that the enterprises which use network resources effectively can help themselves to obtain higher network status, and they can obtain the capacity to control the whole industry. References | Related Articles | Metrics

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International comparison of industrial policies for new-energy vehicles Lu Chao, You Jianxin, Rong Ke, Shi Yongjiang, Chen Yantai 2014, 35(12): 26-35.  Abstract ( 1782 )   PDF (1KB) ( 1868 )   This paper develops a theoretical framework from the two dimensions of industrial innovation chain and policy instruments, with a purpose to conduct a cross-country analysis on the new-energy vehicle industry's policies and then provide implications for policy-making systems. This research has adopted the method of content analysis to analyze the five typical developed countries (USA, Japan, Germany, France and UK) and "BRICS countries". The research findings are as follows: firstly,from the dimension of industrial innovation chain, policy formulation must follow the nature of the specific industry's development; secondly, in regard to the dimensions of policy instruments, policies' improvement must tackle the problems emerging from the bottleneck of special industry development; thirdly, ten countries' policy samples have demonstrated that the perfection degree of policy-making system in the new-energy vehicle industry has determined the industry's actual performance. Furthermore, in order to improve policy-making system of Chinese new-energy vehicle industry, this paper proposed three implications including increasing policies' formulation to feed the supply side, emphasizing continuously to establish more charging stations or piles by considering the environmental side, and adopting the strategy of "public transportation is encouraged in the short term, while private transportation will be encouraged in the long term" from the demand side. References | Related Articles | Metrics

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Analysis of cluster spillovers' impact on thequantity equilibrium between rational duopoly Zhao Hua, Long Jianjun 2014, 35(12): 36-45.  Abstract ( 970 )   PDF (1KB) ( 2024 )   Based on the bounded rationality of cluster enterprises, this paper constructs a duopoly production game model in enterprise cluster with cluster spillovers features, by adopting two different adjustment mechanisms, GD and LMA, this paper also analyzes and discusses the effect of cluster spillovers on equilibrium quantity under the discrete dynamical system, and finally carry through the numerical simulation. This research shows that: the evolution track of product quantity depends on the values of discrete system parameters, such as output adjustment speed, the spillover effect; furthermore, when the speed of output adjustment is small, the Nash equilibrium output exists for any overflow, on the other hand, when the speed of output adjustment is relatively bigger, moderate spillover is beneficial to the improvement of the cluster duopolies' profits, while, overflow transition can lead to the happening of the chaotic market. References | Related Articles | Metrics

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Study on influences of government support on R&D investment to KIBS Firms Yang Xiangyang, Tong Xinle 2014, 35(12): 46-53.  Abstract ( 1245 )   PDF (1KB) ( 1779 )   This paper has established a dynamic game model between government and Knowledge Intensive Business Service (KIBS)firms. Then the effects of government support on KIBS firms are discussed theoretically. And empirical tests are carried out though difference-GMM method with panel data of KIBS listed companies. According to the research results, government subsidy has positive impacts on research and development investment of KIBS firms and there is a certain degree of inefficiency. The level of intellectual property rights protection has positive impacts on research and development investment of KIBS firms and public information service has only negative impacts, which are both statistically insignificant. There are obvious complementary effects between government subsidy and the level of intellectual property rights protection and public information service, which obviously become much stronger. References | Related Articles | Metrics

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Government subsidies, separation of ownership and control, and technological innovation Wu Jianfeng, Yang Zhenning 2014, 35(12): 54-61.  Abstract ( 1233 )   PDF (1KB) ( 1735 )   The literature on technological innovation provides no consensus on the motivation vs. crowding-out effect of government subsidies. This study proposes a contingency perspective on the basis of the resource-based view and principal-agency theory, suggesting that whether government subsidies facilitate technological innovation is dependent upon two principal-agent relationships: the conflict of interests between managers and owners and the conflict of interests between majority shareholders and minority shareholders. By analyzing firms from the electronics, pharmaceutical and information technology between 2008 and 2011, this study finds out that: first, there is no significant and positive relationship between government subsidies and technological innovations; second, CEO duality and the separation of ownership and control rights negatively moderate the relationship between government subsidies and technological innovations. These findings provide important guidance for governmental policies and corporate governance. References | Related Articles | Metrics

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Government R&D subsidy and financial credit in knowledge production process, which one is better? Wang Yebin 2014, 35(12): 62-68,111.  Abstract ( 1129 )   PDF (1KB) ( 1822 )   According to the high-tech industry data from 1999 to 2008, this article examines and compares the knowledge production effects of government R&D subsidy and financial credit using the panel regression method from the enterprise R&D expenditure and innovation output aspects. The research shows that: government R&D subsidy is more effective than financial credit regardless of promoting enterprise R&D expenditure or innovation output; at the same time, the knowledge production effects of government R&D subsidy and financial credit are significantly related to the firm size and structure of property rights - they are positively correlated with firm size, while negatively correlated with the structure of property rights. References | Related Articles | Metrics

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Analysis on the dynamics and mechanism of innovation clusters of German wind turbine technology Zou Xiuping, Xu Zengrang, Xu Yanling 2014, 35(12): 69-75.  Abstract ( 1021 )   PDF (1KB) ( 1716 )   Over the last decades, innovation clusters have been a hot topic for both scholars and policy makers. At the same time, they have gradually become one of the innovation policy instruments which the policy makers prefer. Governments aim to foster and develop innovation clusters as an important choice for enhancing national competitiveness and innovation to ensure economic growth. In Germany, innovation Clusters are encouraged as an important innovation mode. This paper focuses on the German wind turbine technology innovation, spatial characteristics and the influencing factors behind. The result shows that there aresignificant cluster characteristics and the influencing factors and their formatting mechanisms are also discussed in the paper. References | Related Articles | Metrics

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Seamless open innovation: The product innovation model of Xiaomi in the Internet ecosystem Dong Jielin, Chen Juan 2014, 35(12): 76-84.  Abstract ( 2510 )   PDF (1KB) ( 1918 )   The product innovation is the core part of a business model for companies. In today's Internet environment, it is an area of re-engineering for business model differentiations. This paper studies the product innovation model of a fast growing smartphone maker: Xiaomi Company. The main findings are as follows: 1) Xiaomi fully merges itself into the Internet ecosystem, and adopts the latest Internet tools and platforms to motivate and manage customers in its product development;2) Xiaomi's innovation model is different from the traditional Open Innovation Model, because they are using crowdsourcing methods to include customers and utilize their cognitive surpluses in the entire product development cycle seamlessly; and 3) Unlike the traditional product management process, Xiaomi uses one small team responsible for all the steps of an entire R&D process seamlessly, and it also adopts fast iteration methods to make this process efficient. Evidently, this is an innovative product innovation and management model, so we name it the "Seamless Open Innovation". As many hardware companies are imitating Xiaomi's model, a complete understanding of such product innovation model is important for further theoretical formation. References | Related Articles | Metrics

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Resource dependency, effective demand shortage and crowding out of innovation in enterprises: An empirical study based on the data of China's provinces Zhao Kangjie, Jing Puqiu 2014, 35(12): 85-93.  Abstract ( 1479 )   PDF (1KB) ( 1779 )   The crowding out of innovation is a major obstacle to implementing the innovation driven strategy. From the perspective of effective demand shortage of enterprises' innovation, the paper analyzes the crowding out effect of innovation from resource dependency. In the formation of resource dependency, the resource enterprises lack driving force and ability due to limitation of product homogeneity and high resource revenue; the manufacturing enterprises appear recession in the flow of factors and have driving force without ability. Then the effective demand shortage of enterprises' innovation leads to the crowding out of innovation. The empirical result shows that the crowding out of large and medium-sized enterprises' innovation from resource dependency exists in China; and there are several problems of enterprises' innovation in China's resource-based regions, such as inefficiency, decreasing returns to scale and low contribution of labor input. Finally, the paper suggests strengthening the driving force and ability of enterprises, promoting the effective demand of innovation, and realizing endogenous innovation. References | Related Articles | Metrics

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A research on the innovation policy of science and technology based on the interaction between science and policy Tan Hongling, Li Fei 2014, 35(12): 94-102.  Abstract ( 1386 )   PDF (1KB) ( 1853 )   The research on the innovation of science and technology is not only a new international cutting-edge interdisciplinary research field, but also a new research paradigm. The United States, Japan, Australia and other countries have been carrying out "science for policy" research. However, China has just started relevant researches. Based on the innovation policy of science and technology in which policy and science have interactions, this paper constructs the innovation policy mechanism of science and technology in whichthe government, universities, research institutions and enterprises form a "four-in-one" spiral structure by employing the government-innovators "feedback loop".The author has integrated "science for policy" with "policy for science" to increase the expected utility of science, technology and innovation for more contributions toeconomic growth or social benefits. References | Related Articles | Metrics

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Relationships among environmental pressures, entrepreneurs' network and intention to cooperative innovation Liu Qunhui, Hu Yang, Liu Erli 2014, 35(12): 103-111.  Abstract ( 1242 )   PDF (1KB) ( 1784 )   On the basis of social network theory, this paper develops a theoretical model of relationships among environmental pressure, entrepreneurs'network, innovation pressure and intention to cooperation of firms. Then with the aid of the data collected from 197 SMEs in Guangdong, an empirical study is carried out using the structure equation model. The results show that environmental pressure has positive impacts on entrepreneurs' network, innovation pressure and intention to cooperative innovation; entrepreneurs' network has a positive impact on intention to cooperative innovation and mediates the relationship between environmental pressure and intention to cooperative innovation; innovation pressure mediates the relationship between entrepreneurs' network and intention to cooperative innovation. The results deepen the theory of cooperative innovation and social network and other relevant theories. References | Related Articles | Metrics

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Network embeddedness, organizational learning coordination and strategic flexibility Fan Zhigang, Liu Yang, Wu Xiaobo 2014, 35(12): 112-119.  Abstract ( 1322 )   PDF (1KB) ( 1403 )   How do firms acquire resources embedded in the Global Production Network, enhance organizational learning capacity, and thus improve the strategic flexibility in the complex environment? With respect to this question, this paper tries to integrate social network theory and organizational learning theory, and proposes thatthe firms' network embeddedness has a positive effect on resource flexibility, while organizational learning capability has a positive effect on coordination flexibility. These hypotheses have been supported by a sample of 276 manufactory firms in China. Our results have important theoretical and practical implications. References | Related Articles | Metrics

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The research of assessment and quantification about asset risk management for enterprises in China Lu Di, Zhang Xiaoming 2014, 35(12): 120-128.  Abstract ( 975 )   PDF (1KB) ( 1522 )   The recent research about risk management has mainly been focused on operating risk, financial risk and capital markets risk management. However, this paper emphasizes on the risks of enterprises in China from the view of asset risk management. Firstly, it has analyzed the double characteristics of assets, which are profitability and riskiness. Also this paper has defined the concept and source of asset risks. Then, I put forward a model about how to calculate the whole risks of assets in enterprises, as well as a specific case to certificate this mode. At last, I have proposed some measures about how to prevent the risks of assets in enterprises. References | Related Articles | Metrics

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CEO's annual remuneration, intensity of R&D investment and company's financial performance Liu Zhen 2014, 35(12): 129-136.  Abstract ( 1049 )   PDF (1KB) ( 1552 )   This paper studies the interactions among CEO's annual remuneration, the intensity of R&D investment and company's financial performance using simultaneous-equation models and three-stage least-squares method with the samples from Chinese A-share listed companies. The research results suggest that: (1) There is a significant positive interactive relationship between CEO's annual remuneration and the Intensity of R&D investment in Hi-Tech enterprise, while such relationship is negative in non-Hi-Tech enterprises; (2) In Hi-Tech enterprises, the intensity of R&D investment has a significantly negative effect on the company's current financial performance and has a significantly positive effect on the company's future financial performance, and vice versa, while such relationships are reversed in the non-Hi-Tech enterprises and are insignificant; (3) There is a significant positive interactive relationship between the CEO's annual remuneration and the company's financial performance in Hi-Tech enterprises. Such relationship is less significant in non-Hi-Tech enterprises. Our results not only enrich relevant researches, but also provide the theoretical support and decision-making reference in optimizing the CEO's annual remuneration, correcting under-investment in R&D and promoting sustainable profitability for Chinese Hi-Tech enterprises. References | Related Articles | Metrics

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Model of information contribution of evaluation index system based on principal component- entropy Chi Guotai, Li Zhanjiang 2014, 35(12): 137-144.  Abstract ( 1026 )   PDF (1KB) ( 1609 )   The establishment of evaluation index system in various evaluation researches is an important and indispensable research content. If the information content of the eventual evaluation index system has too much loss, any evaluation index system makes no sense. Combining principal component analysis method and information entropy method, this paper establishes the measurement model of the information contribution of eventual evaluation index system compared to the mass-election evaluation index system. In this paper,the main characteristics and innovations lie in the following aspects. First, it uses principal component analysis and information entropy to measure information contents of the index system, to establish the measuring model of information contributions of the evaluation index system compared to the mass-election index system, to change the existing studies which only consider the selection problem of the evaluation index and neglect the information contribution problem, and to solve the measuring problem of the information contributions. Second, the example shows that eventual evaluation index system retains 94.4% information content of mass-election evaluation index system. References | Related Articles | Metrics

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Research on the scale development of Core knowledgein the Process of Service Innovation for Manufacturing Enterprises Yu Weizhen, Li Wenjie, Huang Qiubo 2014, 35(12): 145-152.  Abstract ( 1244 )   PDF (1KB) ( 1977 )   Knowledge resources have already become the key elements of service innovation for manufacturing enterprises. Now, service innovation theory and practice focus on how to search and acquire core knowledge accurately. Firstly, the paper clarifies the connotation of the core knowledge of service innovation based on the previous research. The paper also identifies that the core knowledge is marketing knowledge, which should be reconceptualized under four dimensions measurement model. Then, the paper developes and examines the scale for marketing knowledge by taking the manufacturing enterprises as research object. The empirical result shows that the scale has nice reliability level, single dimension reliability and validity. Finally, the paper shows the scale' s application in the service innovation process. References | Related Articles | Metrics

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A study of the system for green growth strategy implementation capacity Zhang Xu, Du Yao 2014, 35(12): 153-159.  Abstract ( 1262 )   PDF (1KB) ( 1485 )   The establishment of a perfectgreen growth strategyimplantation capacity system is a guarantee for implementation of the green growth strategy and achievement of the strategic goal. By analyzing the related documents about green growth and its strategy, the paper identifies the participants on green growth strategy in the strategic perspective. With the analysis on the capacity factors of the participants and their interrelation, the paper also builds up the capacity system for green growth strategy. It is found out in the research that only when cooperation among various capacity factors is fully functioned could the green growth strategy be effective. To achieve environmental and economic win-win, all measures are needed, including the government guidance on enterprise behavior and green consumption, the public attendance on green decision, and the enterprise competence in promptly satisfying customers' green demands with the support of government, based on the market economy in sufficient development and in effect on green growth capacity. References | Related Articles | Metrics

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Financial development, intellectual property protection and technological innovation efficiency: The role of financial marketization Li Houjian, Zhang Zongyi 2014, 35(12): 160-167.  Abstract ( 1509 )   PDF (1KB) ( 1905 )   Using dynamic spatial panel data analysis techniques, this paper investigates the effects of financial development, financial marketization and intellectual property protection on the technological innovation efficiency based on the panel data from 30 provincial areas from 1998 to 2008 in Mainland China. The results show that, financial development and intellectual property protection have a positive effect on the technological innovation efficiency of China, but financial marketization has a negative effect on it. In addition, intellectual property protection has strengthened the positive effect of financial development on the technological innovation efficiency of China, but it has lessened the negative effect of financial marketization on the technological innovation efficiency of China. Through further studies, it was detected that the technological innovation efficiency of China is obvious path dependent, and with the difference of regional factor, its space effect intensity changes. However, the main reason about spatial aggregation of technological innovation efficiency in China is economic factors. This paper provides a new perspective to understand the influencing factors of China's technological innovation efficiency under the background of market-orient reform, and it also provides new evidence to understand the influencing mechanism of financial development, financial marketization and intellectual property protection on endogenous economic growth. References | Related Articles | Metrics

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The analysis and simulation of digital content consumer behaviors under digital rights management Xiong Li, Chen Peng 2014, 35(12): 168-174.  Abstract ( 1217 )   PDF (1KB) ( 1887 )   Aiming at the consumer infringement in digital content market, the consumers are taken as the research object, the utility and function of three different consumer behaviors is analyzed, and the function of digital content market welfare under the digital rights management environment is constructed. The effects of digital content product price, use value difference, tort penalty probability and level on consumer behavior and its relationship with market benefits are studied on purpose through the changes of digital content products in market share. The simulation results show that (1)all of the above factors have objective impacts on consumer behavior especially the tort penalty probability; (2)The purchase behavior and pirate behavior are in a unity of opposites and can affect digital content market welfare; and (3)DRM tends to intensify pirating by the contrary without legal protection and appropriate price. The consumer infringement is not a problem that could be solved only by techniques, but the consumer behavior could be constrained and guided with the assistance of law. Meanwhile, it ishelpful to alleviate the pirating and manage the digital rights effectively. References | Related Articles | Metrics

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Model analysis and econometric test on coordinated development of economy and environment Zou Qing, Chen Xun, Lv junna 2014, 35(12): 175-182.  Abstract ( 1277 )   PDF (1KB) ( 1692 )   In order to analyze whether the coordinated development of economy and environment can be realized, this paper firstly introduces the factors of resource and environment into an endogenous economic growth model, and analyzes whether sustainable development can be realized and the achieving conditions by using optimal control method. Based on the model analysis, the paper next uses Chinese 30 provinces' CO2 emissions data from 1995 to 2011to test econometrically the EKC hypothesis through establishing simultaneous equation model and using 3SLS method. The results indicate that: (1) when consumption intertemporal substitution elasticity and other variables satisfy certain conditions, the coordinated development of economy and environment can be realized. (2) Although at present economic growth is positively correlated with CO2 emissions, we still find the evidence substantiating the presence of EKC hypothesis, namely the coordinated development of economy and carbon emissions can finally be realized in China. (3) The industrial structure, trade openness and urbanization level have negative impacts on carbon emissions, but energy intensity, primary energy consumption structure and environmental regulation are just the opposite. Energy intensity is the key influencing factor for China's CO2 emissions. References | Related Articles | Metrics

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Research on public emergency ability based on entropy weight-fuzzy multifactorial evaluation Song Yinghua 2014, 35(12): 183-188.  Abstract ( 1923 )   PDF (1KB) ( 34022 )   Focusing on the public emergency ability of extreme events, the paper proposes a public emergency ability evaluation approach. In the approach, based on the evaluation index system of public emergency ability, the weight-fuzzy multifactorial evaluation model is designed to analyze the public emergency ability by the evaluation matrix. The experiments show that the approach provides the scientific basis to improve the public emergency ability and the risk resistance comprehensive ability by the education and training enhancement on public emergency comprehensive quality. References | Related Articles | Metrics