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1 – 10 of 10The construction of a modern economic system is a symbolic and strategic choice for large developing economies on the path toward high-quality economic development. The paper aims…
Abstract
Purpose
The construction of a modern economic system is a symbolic and strategic choice for large developing economies on the path toward high-quality economic development. The paper aims to discuss this issue.
Design/methodology/approach
The overall framework aims to adhere to “One Policy and One Mainline” to build an innovation-driven, synergistic industrial system and a “with three-qualities” economic system (with efficient market mechanisms, energetic micro-agents and appropriate macroeconomic regulation).
Findings
The strengthening of the real economy and construction of a modern industrial system constitute the material basis for supporting this system and framework. As major decision making and theoretical innovation in empirical practice, building a modern economic system can also contribute substantially toward developing the applied economic theory of socialism with Chinese characteristics.
Originality/value
Building a modern economic system in China necessitates, without exception, the construction of various subsystems encompassing industrial, market, distribution, regional development, green development, open and economic institutional aspects.
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Guoqing Lu, Peng Dai and Xia Zhang
The purpose of this paper is to test the relationship between innovation performance and innovation spillover effects, innovation inputs, innovation outputs and industrial effects.
Abstract
Purpose
The purpose of this paper is to test the relationship between innovation performance and innovation spillover effects, innovation inputs, innovation outputs and industrial effects.
Design/methodology/approach
The analysis framework including variables such as innovation spillover effect, innovation input, innovation output and industrial effect was constructed. Through the investigation and analysis of the innovation activities of China’s GEM listed companies in 2014–2016, the innovation performance and the above factors were tested.
Findings
The research shows that enterprise performance has a significant positive correlation with innovation input and innovation output, but there is no significant correlation or even negative correlation with innovation environment and industry background such as government support and innovation opportunities, and the spillover effect is significant. The negative correlation is also negatively correlated with innovative human capital investment, company age and company Q.
Originality/value
Innovation is the real source of economic growth, and industrial innovation is the system integration of technological innovation, product innovation, market innovation, etc., which is the basic determinant of national competitiveness.
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Ying Liu, Chenggang Wang, Zeng Tang and Zhibiao Nan
The purpose of this paper is to examine the impacts of farmland renting-in on planted grain acreage.
Abstract
Purpose
The purpose of this paper is to examine the impacts of farmland renting-in on planted grain acreage.
Design/methodology/approach
A survey data of five counties were analyzed with the two-stage ordinary least squares model.
Findings
Households renting-in land trended to plant more maize, and the more land was rented by a household the more maize was planted, while wheat acreage showed non-response to farmland renting-in.
Practical implications
Overall, the analysis suggests that policy makers should be prepared for different changing trends of grain crop acreage across the nation as farmland transfer continues. Future research should pay attention to the effect of farmland transfer on agricultural productivity and rural household income growth.
Originality/value
As the Chinese Government is promoting larger-scale and more mechanized farms as a way of protecting grain security, it is important to understand whether farmland renting-in will reduce planted grain acreage. This study provides empirical evidence showing the answer to that question may differ across different regions and depend on the particular grain crop in question.
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Family business brand communication depends on the effect of the family on stakeholders' perception, and the family influences stakeholders differently, raising the question of…
Abstract
Purpose
Family business brand communication depends on the effect of the family on stakeholders' perception, and the family influences stakeholders differently, raising the question of whether family business branding varies across stakeholders. Drawing on social identity theory, this research classifies a family firm's stakeholders into family (in-group) and non-family (out-group) stakeholders and explores the communication of family business brands to these two groups of stakeholders.
Design/methodology/approach
Data for this research were gathered from a questionnaire survey of 327 Chinese family firms.
Findings
The results show that family business brand communication differs between family and non-family stakeholders. Additionally, family harmony has a positive relationship with family business branding to family stakeholders and an inverse U-shaped relationship with family business branding to non-family stakeholders.
Originality/value
This research is the first to demonstrate that family business brand communication varies across stakeholders and that the effect of family characteristics (family harmony in this research) on family business branding differs between stakeholders. In addition, it expands the scope of the out-group in family firms to embrace all non-family stakeholders and suggests an intergroup opposition between family and non-family stakeholders, which is important for advancing family firm theory.
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It is acknowledged that the firm and the family interact in the family firm system and that family identity can influence family business brand communication through affecting…
Abstract
Purpose
It is acknowledged that the firm and the family interact in the family firm system and that family identity can influence family business brand communication through affecting stakeholders' perception, raising a question of whether the firm can implement its effect on the communication of family business brands via family identity. To address this question, this research investigates how firm revenue influences family business branding via family harmony.
Design/methodology/approach
Data for this research were gathered from a survey of 327 Chinese family firms.
Findings
The results show that family harmony fully mediates the relationship between firm revenue and family business branding.
Originality/value
This study is the first to demonstrate that the firm has an indirect effect on family business branding via family identity, a contribution to family business brand literature. The findings also offer insights into the relationship between firm performance and family business branding. Additionally, this project has implications for research on family harmony in the family business.
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Lihua Li, Chenggang Wang, Eduardo Segarra and Zhibiao Nan
The purpose of this study is to explore the relationship between migration, remittances and agricultural productivity by applying the new economics of labor migration model in the…
Abstract
Purpose
The purpose of this study is to explore the relationship between migration, remittances and agricultural productivity by applying the new economics of labor migration model in the context of north‐west China. The specific objectives are to examine the impacts of rural out‐migration on agricultural productivity in various farming systems, and whether remittances have been reinvested in agriculture.
Design/methodology/approach
Cross‐sectional household survey data from three townships were analyzed with the three‐stage least squares (3SLS) regression model.
Findings
In multi‐cropping small farming systems, at least in the short run, the loss resulting from losing family labour on lower‐return grain crop production is likely to be offset by the gain from investing in capital‐intensive and profitable cash crop production.
Originality/value
This study provides empirical evidence for the MELM theory. It expands Taylor et al.'s studies by comparing investment behavior and production choices among multiple farm activities, and enriches previous studies by showing that the relation between remittances and agricultural investment depends on the farm activities' profitability.
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– The purpose of this paper is to econometrically examine whether indigenous enterprises can upgrade under open economy by using micro-firm data.
Abstract
Purpose
The purpose of this paper is to econometrically examine whether indigenous enterprises can upgrade under open economy by using micro-firm data.
Design/methodology/approach
In order to make clear the impact of outward development on the indigenous manufacturing export enterprises' productivity from micro level and to propose policy recommendation, the research group selected indigenous manufacturing export enterprises in Kunshan China as research objects and made a large-scale survey. Based on micro-firm data from survey, the paper carries out empirical analysis.
Findings
After controlling some other variables including innovation activity, human capital and enterprises scale, empirical result shows that export activity, establishing connections with FDI enterprises, industry clusters formed under open economy all have significant and positive effect on upgrading of indigenous enterprises.
Originality/value
This paper is the first to use micro-firm data obtained from survey to examine factors affecting indigenous enterprises' upgrading capability of China.
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Manxiu Ning, Weiping Liu, Jinquan Gong and Xudong Liu
The purpose of this paper is to examine the effect of New Rural Pension Scheme (NRPS) on the private transfer behavior of the non-co-resident adult children to their elderly…
Abstract
Purpose
The purpose of this paper is to examine the effect of New Rural Pension Scheme (NRPS) on the private transfer behavior of the non-co-resident adult children to their elderly parents in rural China, and hence address the income redistribution effectiveness of public program for the elderly in rural China.
Design/methodology/approach
Pooled data from two waves of the China Health and Retirement Longitudinal Study and the combination of regression discontinuity design and difference in difference method are used to perform the analysis.
Findings
No evidence is found that pension payment from NRPS program does significantly crowd out the economic support from the adult children to their elder parents. The heterogeneous effects at different income percentile indicate that pension payment significantly increases the probability of receiving gross transfers and likelihood of the net transfer being positive for those elderly individuals with low income; in particular, the distinctive “family binding” arrangement may dramatically contribute to increasing the probability of receiving private transfers for the pension recipients.
Originality/value
The empirical findings would have far-reaching implications for the efficacy of public transfer or re-distributive programs such as NRPS; for the rural elderly, in particular, the unique “family binding” mechanism under the NRPS program may have positive welfare effects on the intended beneficiaries. Furthermore, an understanding of the inter-linkage between informal arrangements of elderly support and social re-distributive program provides further insight into the design of social security systems targeted to the vulnerable group in developing countries.
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Wei Xie and Steven White
This paper aims to consolidate prior research from policy and management domains to identify stages in China's technological learning within the imitation paradigm during…
Abstract
Purpose
This paper aims to consolidate prior research from policy and management domains to identify stages in China's technological learning within the imitation paradigm during 1949‐2001, focusing on changes in the government's strategic priorities and policies and the nature, mode and sources of technological learning, then to contrast the firm and institutional features that have emerged under the imitation paradigm with those defining the emerging creation paradigm. The analysis leads to clear implications for both policy and management for the Chinese firms to make this transition and compete in higher value‐added global industries.
Design/methodology/approach
An overview and conceptual paper based on observations and literature review.
Findings
This paper derives a parsimonious set of four dimensions to demarcate five stages in the evolution of China's technological learning: the government's strategic priority, nature of technology, the mode and the source of learning. It identifies six factors acting as significant impediments to Chinese firms' transition from imitation to creation.
Originality/value
In the first place, this paper provides managerial implications which are of great interest to Chinese practicing managers to manage their firms' transition from imitation to creation; second, the policy imperatives highlighted by this paper will help Chinese policymakers to design appropriate incentive mechanisms to enable Chinese firms to build up their competitiveness within the creation paradigm and thereby become global competitors. Meanwhile, this paper provides a systematic analysis on the evolution of China's technology development. This five stage‐based framework will help practicing managers in China understand whether, which and when Chinese firms can make the transition necessary to compete based on the creation of proprietary resources and capabilities.
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Min Lin, Yi Wang and Guisheng Wu
The purpose of this paper is to find the specific competitive industries in emerging industries of strategic importance of each province in China in order to provide references…
Abstract
Purpose
The purpose of this paper is to find the specific competitive industries in emerging industries of strategic importance of each province in China in order to provide references for industrial cultivation and development.
Design/methodology/approach
This paper uses quantitative analysis methods on RCA and R&D efficiency.
Findings
Different provinces have specific competitive emerging industries of strategic importance. Taking biotechnology, equipment manufacturing, and new generation of information technology industry as examples, this paper finds: for the advanced equipment manufacturing industry, Shaanxi, Sichuan, Guizhou, Tianjin, Liaoning, Heilongjiang and Jiangxi provinces have obvious characteristics and relatively high R&D efficiency; for bio‐technology, Jiangsu, Henan, Jiangxi, Hunan, Zhejiang and Shandong provinces have obvious characteristics and relatively high R&D efficiency; and for the next generation of the information technology industry, Jiangsu, Guangdong, Fujian, Beijing, Tianjin and Shanghai provinces have obvious characteristics and relatively high R&D efficiency.
Research limitations/implications
This study is limited by lack of industrial comprehensiveness so that more statistical data about emerging industry of strategic importance is needed for more in‐depth analysis.
Practical implications
The identification of specific competitive emerging industry of strategic importance of each province will give managers and policy makers train of thought for the cultivation and development of strategic emerging industry and make future policies more targeted.
Originality/value
The paper contributes to the research on the differentiated cultivation and development tactics of strategic emerging industry by, respectively, finding out the specific competitive emerging industries of each province in China.
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