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20 October 2018, Volume 39 Issue 10 Previous Issue    Next Issue

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Effect of equity incentive with heterogeneous design motivation on product innovation capability Yang Huihui, Xu Jialin, Pan Fei, Ma Erqiang 2018, 39(10): 1-11.  Abstract ( 332 )   After clarifying the effect mechanism of managerial equity incentive on the product innovation ability, we using the case study of Shanghai Jahwa, analyze the effect of the power game between controlling shareholders and management on the motivation of managerial equity incentive contract design, and the effect of different design motivation on the product innovation ability. We find that, the problem of insider control caused by either the management or the controlling shareholders will make the managerial equity incentive contract as the tool for self-interest insider to seek private gains, and this will reduce the investment of product innovation, in turn to damage the transforming ability of product innovation to the profitability. The implementation of equity incentive only in the environment of controlling shareholders to play a monitoring role can improve the product innovation investment and the transforming ability of product innovation to the profitability. References | Related Articles | Metrics

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Mechanism of impact of innovation and entrepreneurship policies on early-stage entrepreneurial behavior Qu Wan, Feng Haihong 2018, 39(10): 12-21.  Abstract ( 318 )   This paper first established a theoretical framework to describe the mechanism of innovation & entrepreneurship policy on micro-entrepreneurship behavior. Based on this framework, we use 580 observation samples from 58 countries between the period of 2007-2016 to conduct empirical tests, which verified the moderate effect of innovation & entrepreneurship policy on early-stage entrepreneurial behavior. The results show that, first of all, venture capital and perceived entrepreneurial opportunities have significant positive impact on early-stage entrepreneurial behavior. Secondly, the innovation & entrepreneurship policy does not directly affect entrepreneurial activities, but plays an important moderate role by increasing the positive impact of venture capital and entrepreneurial opportunities on early-stage entrepreneurial behavior. Last but not least, the different developing stage of the countries, the innovation & entrepreneurship culture and the related infrastructure also played important roles in the early stage of entrepreneurial behavior in the whole society. The research results helps to enrich the contents of the research on entrepreneurship behavior and also provides a reference for making policy decisions on innovation and entrepreneurship based on the characteristics of entrepreneurship. Related Articles | Metrics

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Added value distribution structure and innovation performance vulnerability Luan Bin， Yang Jun 2018, 39(10): 22-30.  Abstract ( 252 )   This paper selects 168 public companies as the research object, makes an estimation in threshold characters to analysis the influence from added value distribution to innovation performance vulnerability. The results show that the majority of innovation performance are vulnerable, the innovation poverty and unexplained risk is the main source of vulnerability, the situation of innovation poverty and vulnerability is degeneration; there are significant threshold effects from shareholder’s share, creditor’s share and government’s share to innovation performance vulnerability with Tobin’s Q; there is no significant threshold effects from staff’s share to innovation performance vulnerability with, salary incentive may decreases the innovation performance vulnerability but its economic effects are un-significance. Related Articles | Metrics

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Enterprise’s heterogeneous beliefs, field pressure and fluctuation of ecological innovation investment Meng Kexue, Hou Guisheng, Wei Xiao 2018, 39(10): 31-39.  Abstract ( 216 )   It’s transformation of enterprise market belief type and the internal mechanism of influencing innovation investment fluctuation that is revealed under particular field pressure by extended dynamic evolution analysis method of the Brock & Hommes's adaptive belief system and parameterized the heterogeneous beliefs and field pressure of the enterprise, and then the conditions and characteristics of the fluctuation are simulated. The study found that field pressure and consensus, which enterprises are or not satisfied with the available resources after responding to the field pressure, is the key factor to affect the investment decision of ecological innovation. the stronger the organization field pressure, the more easy to realize the sustainable and stable development of the ecological innovation investment system, and switching non-innovation input to innovation input not only generate a smaller initial impact but also makes the time to converge to equilibrium earlier. Related Articles | Metrics

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A research on evaluation of the decision-making efficiency for governance and optimization of regional ecological economy 2018, 39(10): 40-49.  Abstract ( 231 )   This paper used factor analysis method to establish the evaluation index system. We selected Shaanxi as the representative area in China, and used DEA-Malmqusit method to evaluate its governance and optimization efficiency of regional ecology economy system from 2004 to 2014. The output-SBM model was used to estimate the efficiency value for 31 provinces in China. The results show that the efficiency of the governance and optimization efficiency of regional ecology economy system in Shaanxi is declining. The efficiency values in Central and Western Province are much less than Eastern Province. For Eastern Province, forest volume and the proportion of a protected area output shortfall, while per capita water resource and industrial wastewater discharge output shortfall for Central and Western Province. Related Articles | Metrics

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A study of the development phase and spatial-temporal patterns of China’s development zones Jiao Beibei, Zhang Zhihe, Xiao Xinjun, Liu Haimeng 2018, 39(10): 50-60.  Abstract ( 279 )   In this paper, the basic data of various development zones in China are collected and sorted out systematically. The development process of China's development zones is mainly divided into 4 stages - preliminary phases, rapid developing phase, standard developing phase and innovative phase. Using the standard deviation ellipse method and kernel density estimation method, the evolution of spatial-temporal patterns of china's development zones is analyzed and explored. The results show that: 1) China's development zones experienced the distribution from agglomeration to disperse, from unbalanced to balanced; furthermore, the center of the development zones moved from east to west; 2) Eastern China has more development zones comparing that in the Western China, and most development zones are located in urban agglomerations. Also the provincial density distribution in Shanghai, Tianjin and Jiangsu is the highest. All kinds of development zones distribute in accordance with their specific natures and present a different distribution; and 3) In terms of the industrial distribution characteristics of China's development zones, the development zones are mainly dominated by manufacturing industries, and there are obvious spatial differences among different types of industries. Based on the analysis results, we put forward some policy suggestions for the space optimization development of China development zone. Related Articles | Metrics

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A research on the induced mechanism of cooperative research and development for local enterprises and multinational companies Zhu Chen, Yang Ye 2018, 39(10): 61-69.  Abstract ( 265 )   Abstract: Based on the theory of transaction cost and evolutionary game, this study explores the induced mechanism of research and development for local enterprises and multinational companies. We use the micro-survey data of World Bank in 2012, which investigate the operating environment of Chinese enterprises and using a linear probability model to explore the specific role of cost factor in cooperative research and development. After collecting data from 1491 manufacturing enterprises, this study examines the effect of the two cost factors in the R & D cooperation of local enterprises and multinational companies for empirical test, the empirical results show that both default costs and communication costs have a negative impact on cooperative R & D. The higher the loss of the multinational company and the local enterprise due to the breach of each other, the lower the probability of the cooperative research and development. The higher the cost of the communication between the multinational company and the local enterprise, the lower the probability of the cooperative research and development. The conclusion not only enriches the theory of cooperative R & D, but also helps to guide local enterprises to cooperate with multinational companies in response to the complex and volatile market demand. Related Articles | Metrics

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Impact of organizational knowledge sharing atmosphere on management innovation: A model based on the employee self-efficacy’s moderated mediation effect Guo Ren, Zhou Fei, Lin Chunpei 2018, 39(10): 70-78.  Abstract ( 316 )   Based on the hermeneutics process of organizational environment, an integrated model is built. The mechanism of how the organizational knowledge sharing atmosphere influence management innovation is analyzed. The mediation effect of employees’ advice behavior among them and employee self-efficacy’s Moderated Mediation effect are explored. Hypothesis testing based on 301 samples of questionnaire data shows the following: (1) Organizational knowledge sharing atmosphere has significant positive influence on employees’ advice behavior and organizational management innovation; (2) Employees’ advice behavior play a partial mediation role between organizational knowledge sharing atmosphere and management innovation; (3) Employees’ self-efficacy has mediate effect between employees’ promotive advice behavior and enterprise management innovation, and also positively moderate the mediation effect of promotive advice behavior between organizational knowledge sharing atmosphere and enterprise management innovation. But the employees’ prohibitive advice behavior has no significant mediate effect between organizational knowledge sharing atmosphere and enterprise management innovation. Related Articles | Metrics

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A research on the relationship between dynamic sustainability capabilities and corporate sustainability performance Shang Hua, Chen Renfei 2018, 39(10): 79-89.  Abstract ( 214 )   The dynamic capabilities and corporate sustainable development have become important propositions for academic discussion. Sustainability as a managerial trend plays an important role in the contemporary organizational strategy management. A company's capability to make sustainability more dynamic and integrated with strategies, transforming it into a business asset, has yet to be studied. This study examines that how to translate dynamic sustainability capabilities into corporate sustainability performance from the perspective of natural resource-based view. The study investigates the mediating effect of resources management capabilities between dynamic sustainability capabilities and corporate sustainability performance. Survey data were collected from China’s 163 corporations and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results demonstrate that: 1) dynamic sustainability capabilities are composed of monitoring, capturing, and reconstructing capabilities ; 2) dynamic sustainability capabilities have a significant positive effect on each dimension of corporate sustainability performance; 3)resources management capabilities were examined to only partially mediate the relationship between dynamic sustainability capabilities and corporate environmental and social performance, while the economic performance exhibits no mediation. This study enriches the theory of dynamic capabilities and sustainable development and provides effective management advice for companies confronted with sustainable development issues. Related Articles | Metrics

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Business ties, technology fit and international competitiveness of firms from the cross-border M&A perspective Cheng Cong, Wang Lifeng, Zhong Huihui, Chen Ying 2018, 39(10): 90-99.  Abstract ( 242 )   whether entering related industry or not is linked seriously to firm’s international competitiveness. This paper obtains the data from 186 cross-border M&A enterprises in Chang sanjiao area, to analyze the effect between degree of business ties and firm’s international competitiveness. The result shows that: technology fit has a mediating effect between degree of business ties and firm’s international competitiveness during Chinese companies’ M&A process. The higher degree of environment dynamics, the more close between the degree of business ties and technology fit, but has no influencing effect between technology fit and firm’s international competitiveness. In a word, environment dynamics moderates the mediating effect of technology fit between degree of business ties and firm’s international competitiveness. Related Articles | Metrics

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An empirical analysis of the relationship among learning goal orientation and employee innovative behavior 2018, 39(10): 100-107.  Abstract ( 346 )   The relationship between learning goal orientation and innovative behavior is one of hot issues in the fields of innovation，but existing researches on impact mechanism of the two variables are not comprehensive enough．Based on analysis of conversation of resource theory, this paper built a new theoretical model with two variables, knowledge transformation and networking ability. Then, through 385 questionnaires, we discuss about the relationship between learning goal orientation and employees’ innovation behavior, as well as examine the mediation effect of knowledge transformation and the moderation effect of networking ability on the relationshipn. The results showed that (1)learning goal orientation’s positive impact on innovative behavior was mediated by knowledge transformation; (2)the networking ability moderated the relationship between learning goal orientation and knowledge transformation; (3)the networking ability moderated the mediated relationship through knowledge transformation. Related Articles | Metrics

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Influence of social capital on WeChat group users’ knowledge sharing willingness Zhang Shengtai, Liu Lulu 2018, 39(10): 108-119.  Abstract ( 340 )   WeChat group has become the most active community for people to socialize in mobile online network. The study of users' willingness to share knowledge in different WeChat groups from the perspective of social capital is an important issue that deserves to be explored in depth and has extensive implications. Based on social capital theory, this paper divides the WeChat group into three types: bonding group, maintained group and bridging group. It explores the influence of social capital in three dimensions of structure, relationship and cognition on the users’ willingness to share knowledge in three types of WeChat groups and their differences. WarpPLS is used to validate the model with 244 valid samples obtained from the questionnaire. The research results show that in terms of structural dimension, network connectivity only positively affect the user's willingness to share knowledge in bridging group. Network intimacy only positively influence the user’s willingness to share knowledge in maintained group and bridging group; In terms of relational dimension, identity positively influence the user’s willingness to share knowledge in bonding,maintained and bridging group,however, trust and reciprocity only positively affect the user’s willingness to share knowledge in bridging group; in terms of cognitive dimension, shared language positively affect the user’s willingness to share knowledge in bonding,maintained and bridging group,but shared vision only positively influence the user’s willingness to share knowledge in maintained group. This study has important theoretical and practical significance for individuals or organizations to understand the rules of knowledge sharing in the WeChat group representing different interpersonal circles, so as to acquire knowledge efficiently and carry out innovation management. Related Articles | Metrics

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A research on the classification system of the R&D model of high-tech research institutes Chen Guanghua 2018, 39(10): 120-127.  Abstract ( 214 )   High-tech Research Institute (HTRI) acts as a major player in high-tech R&D and commercialization, and helps to tackle core technology constraints. Classification management and classification reform is beneficial for HTRI to complete their mission. How HTRI interacts with external partners, satisfies government and market demand, selects research fields directly influences their R&D model. Based on above dimensions, we derivate three types of R&D model namely integrated model, contract model and platform model, and formulate a typology of HTRI R&D model. We conduct cases validation and capture more details based on investigation of CIOMP, SIAT and SINANO. We provide policy suggestions for HTRI reform and development from aspects including government and market join forces, enhance talent mobility, improve evaluation standard, and construct regional platform. Related Articles | Metrics

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Knowledge chain relational governance mechanism and its impact on the cooperative performance among organizations Hu Yuanyuan， Gu Xin， Wang Tao 2018, 39(10): 128-137.  Abstract ( 257 )   Selecting knowledge chain as the research object， this paper explored the impact of relational governance on group members cooperation in the knowledge chain，structured relational governance system of knowledge chain which included relational behavior governance mechanisms， controlling relationship mechanism and relational incentives mechanism，and proposed the research hypothesis， study its impact on the performance of organizations. Combined with the questionnaire data， this paper used structural equation to test the related hypotheses in this article. The study show that：There is a positive impact among knowledge chain relational governance mechanism and organizational cooperation performance and inter-organizational knowledge flow. Knowledge flow as a partial mediator between the relational behavior of the knowledge chain governance mechanisms and knowledge chain organizations cooperative performance，in relation to control relationship mechanism，relational incentives mechanism and knowledge chain organizations cooperative performance plays an intermediary role entirely. Related Articles | Metrics

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Technology foresight for the mobile health industry based on patent mining Lai Chaoan, Qian Jiao 2018, 39(10): 138-147.  Abstract ( 324 )   The technology foresight method for new technologies and industries is becoming an important tool to support industrial technology planning and making decision for research and development. However, nowadays, industrial technology forecasting usually uses qualitative methods like expert analysis method, which lacking reliability and objectivity. Quantitative analysis method is a new tool for industrial planning and technology foresight, and patent mining is a priority quantitative analysis method. This paper proposes an analysis method based on a new analysis method of knowledge map with patent network and patent map, and integrated with multiple patent analysis methods and combined with TRIZ evolution rules, which form a visual industry forecasting analysis framework based on the patent knowledge map. Be aiming at mobile medical industrial, an emerging industry, this paper discourses the application of the analysis framework, and analyzes industry competition situation, development trajectory and technological opportunities, which looking for potential technical direction and provides suggestions for the research of enterprise. According to practice, this method improves the efficiency of technology foresight and planning, and improves the reliability and objectivity of decision-making. Related Articles | Metrics

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A research on the influencing factors of BDI based on the VMD-WA-RFR model Wu Huahua, Kuang Haibo, Zhang Pengfei 2018, 39(10): 148-158.  Abstract ( 270 )   This paper considers the influence factors of BDI index of different types, the factors can be divided into supply and demand and macroeconomic three types. Using the VMD-WA-RF model is constructed based on VMD decomposition, wavelet analysis and random forest regression algorithm, to study the comprehensive relationship between the influence factors and the BDI index. It enhanced the mathematical theory of the analysis of the factors affecting the BDI index. A further study found that: First, the VMD-WA-RF model can get the importance ranking of the factors affecting the BDI index, which contributes to the targeted regulation of the shipping market; Second, it can draw the degree of the most important five factors that affect the BDI index respectively, and find out the most effective way to adjust the current shipping market scientifically; Third, the BDI index is predicted by the random forest regression model, which shows that the accuracy of this model is higher. Related Articles | Metrics

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A research on the evolution and impact of knowledge rigidity in firms based on system dynamics Zhou Zhong, Chen Zhigao 2018, 39(10): 159-167.  Abstract ( 260 )   The reciprocal feedback mechanisms between the knowledge rigidity and the enterprise internal activities, as well as the differences between firms in the dynamic trend of rigidity formation and evolution, are key issues to recognize and respond to this knowledge dependence phenomenon. The case of specific enterprise’s relying on existing business process in the information system is discussed in detail. Based on theoretical analysis of the formation and impact of knowledge rigidity, also the knowledge change decision in firms, this paper proposes a system dynamics model of the knowledge rigidity through the causal analysis of critical factors and the setting of functions and parameters. Simulation results of multi scenarios show that the knowledge rigidity phenomenon appears three stages in a single cycle. It emerges gradually at early stage, being stable continuously at mid-term and drops quickly at later stage. The utility reinforcing factor promotes the growth of rigidity, while external environmental factors are triggers of rigidity mutation. To enterprise with low base value of rigidity and high sense of change consciousness, its rigidity shows faster growth and deeper influence, but the duration is shorter. On the other hand, knowledge are replaced frequently, while more utilities are obtained. Firms should understand the chain reaction of the impact of knowledge rigidity caused by specific decision behavior. Then firms can control their over-dependence on existing knowledge by enhancing change consciousness or monitoring utility expectations, which help achieve rapid response to external environment changes. Related Articles | Metrics

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A research on the factors influencing the elderly’ purchasing decisions in life care service 2018, 39(10): 168-176.  Abstract ( 341 )   Based on the technology acceptance model, this paper firstly constructs a theoretical model for Chinese elders’ purchase decisions of life care service. Then using structural equation model, an empirical analysis on the survey data in Jiangsu Province is carried out to test and verify the model. The results show that: ① The elderly’ perception factors have significant effect on their purchase intention. And the effects of perceived ease of use and perceived usefulness are positive, and the effects of perceived risk and perceived price are negative. The elderly’ purchase intention decides their purchase behavior. ② The individual characteristics of the elderly have significant effect on their purchase decisions, and male, healthy, urban, young, large family elders are more likely to purchase service in China. Related Articles | Metrics