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1 – 10 of over 29000Jiali Zheng, Han Qiao, Xiumei Zhu and Shouyang Wang
This study aims to explore the role of equity investment in knowledge-driven business model innovation (BMI) in context of open modes according to the evidence from China’s…
Abstract
Purpose
This study aims to explore the role of equity investment in knowledge-driven business model innovation (BMI) in context of open modes according to the evidence from China’s primary market.
Design/methodology/approach
Based on the database of China’s private market and data set of news clouds, the statistic approach is applied to explore and explain whether equity investment promotes knowledge-driven BMI. Machine learning method is also used to prove and predict the performance of such open innovation.
Findings
The results of logistic regression show that explanatory variables are significant, providing evidence that knowledge management (KM) promotes BMI through equity investment. By further using back propagation neural network, the classification learning algorithm estimates the possibility of BMI, which can be regarded as a score to quantify the performance of knowledge-driven BMI
Research limitations/implications
The quality of secondhand big data is not very ideal, and future empirical studies should use first-hand survey data.
Practical implications
This study provides new insights into the link between KM and BMI by highlighting the important roles of external investments in open modes.
Social implications
From the perspective of investment, the findings of this study suggest the importance for stakeholders to share knowledge and strategies for entrepreneurs to manage innovation.
Originality/value
The concepts and indicators related to business models are difficult to quantify currently, while this study provides feasible and practical methods to estimate knowledge-driven BMI with secondhand data from the primary market. The mechanism of knowledge and innovation bridged by the experience from investors is introduced and analyzed.
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Farui Du, Jinqian Zhu, Xueping Ding, Qi Zhang, Honglin Ma, Jie Yang, Hongzhong Cao, Zemin Ling, Guoyu Wang, Xuanming Duan and Shuqian Fan
A wire-based additive manufacturing system works with high manufacturing efficiency and low dimensional precision. The purpose of this paper is to study the dimensional…
Abstract
Purpose
A wire-based additive manufacturing system works with high manufacturing efficiency and low dimensional precision. The purpose of this paper is to study the dimensional characteristics of Ti-6Al-4V thin-walled parts with wire-based multi-laser additive manufacturing in vacuum.
Design/methodology/approach
Wire-based multi-laser additive manufacturing was carried out to understand the effect brought from different parameters. The Ti-6Al-4V thin-walled parts were formed by different height increments, power inputs and inter-layer cooling times in vacuum.
Findings
The result shows that, with the number of layers increment, the layer width of thin-walled part increases gradually in the beginning and stabilizes soon afterward. Height increment, laser power and inter-layer cooling time could affect the energy input to the deposited bead and heat accumulation of thin-walled part. The layer width decreases, while the height increment increases. The increment of laser power could increase the layer width. And, the increment of inter-layer cooling time (more than 5 s) has little effect on the layer width.
Originality/value
The heat dissipation mode of thin-walled parts in vacuum and the influence of different parameters on layer width are explained in this paper. It provides a reference for further understanding and controlling dimension precision of Ti-6Al-4V thin-walled part with wire-based multi-laser additive manufacturing in vacuum. At the same time, it provides a reference for researches of dimensional characteristics in the additive manufacturing industry.
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Liang Zhang, Liang Sun and Wei Bao
This chapter provides a thorough historical overview of policies that have governed and guided scientific research in China since 1949 and illustrates changes in scientific…
Abstract
Purpose
This chapter provides a thorough historical overview of policies that have governed and guided scientific research in China since 1949 and illustrates changes in scientific publications that accompanied these policy reforms and programs.
Design
We divide this historical period into four stages, each with distinct R&D policies: (1) 1949–1955, a period of socialist transformation; (2) 1956–1965, a period of struggle for higher education and research development in a rapidly changing political environment; (3) 1966–1976, the lost decade of the Cultural Revolution; and (4) 1976–present, a period when major national policies have significantly promoted scientific research in China. We use the SPHERE project’s comprehensive historical dataset based on Thomson Reuters’ Web of Science and data from a set of research universities in China to analyze changes in scientific publication rates concurrent with these policy reforms and programs.
Findings
The analysis suggests a tight connection between national policy and scientific research productivity in higher education. The central government controlled scientific research through direct administration in early periods and has guided research activities through funding specific programs in recent decades. Due to their resource dependency on the central government, higher education institutions have been quite responsive to the common goals set by the central government. As a result, what is measured tends to be accomplished.
Originality/value
The chapter provides an in-depth description about the rise of higher education and science in China and produces recommendations for future development.
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Guangjin Chen, Peng Lu, Zeyan Lin and Na Song
This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample…
Abstract
Purpose
This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample surveys in China, providing important micro firm-level data for understanding and studying the development of Chinese enterprises and entrepreneurs over the past 26 years.
Design/methodology/approach
The main body of this paper is based on a bibliometric analysis of all literature using CPES until 2017.
Findings
This paper discusses problems that users may encounter during data mining. By doing so, it can assist other researchers to get a better understanding of what has been done (e.g. journals, topics, scholars and institutions) and do their research in a more targeted way.
Research limitations/implications
As members of the survey project team, the authors also take a prospect of the future data design and use, as well as offer some suggestions about how to use the CPES data to improve high-quality development and business environment evaluation in China.
Originality/value
This paper is the first to provide an overall picture of academic papers in China and abroad that have used the CPES data.
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Qian Zhang, Chao Wu, Han Qiao and Shouyang Wang
This paper is dedicated to answer two questions: What is the business model of interactive television (iTV) ad at China’s Spring Festival Gala; and Why the business model of iTV…
Abstract
Purpose
This paper is dedicated to answer two questions: What is the business model of interactive television (iTV) ad at China’s Spring Festival Gala; and Why the business model of iTV ad creates different commercial values for different firms.
Design/methodology/approach
The two questions can be summarized as what and why problems; so, this paper adopts the method of the qualitative case study. For the first question, this paper uses the method of system activity diagram to design the business model. For the second question, this paper proposes a new analytical method – voice, incentive and convenience (VIC) model, which is used to analyze the commercial value of iTV ad. The proposal of VIC model is based on Wang et al.’s Iceberg theory.
Findings
The effect of interactive advertising is significantly better than that of traditional advertising, and interactive advertising is becoming the first choice for marketers. The business model innovation of iTV ad brings new business opportunities. In addition, the larger the area of the triangle surrounded by the three elements of VIC, the higher the commercial value of iTV ad.
Originality/value
Current business model studies focus on business model definitions and innovations, whereas the studies on business model evaluation and its influential factors are rare. A new analytical model named VIC is proposed. It explores the effect of VIC on the commercial value of iTV ad and provides a reference for the quantitative empirical analysis. The combination of activity system theory and VIC model contributes to the understanding of the explicit knowledge and tacit knowledge of iTV ad business model. This framework can be used to guide TV stations and stakeholders for business model innovations and optimizations.
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Weidong Wang, Yongqing Dong, Renfu Luo, Yunli Bai and Linxiu Zhang
The purpose of this paper is to examine the role of education in the labor market and to understand how returns to education change over time in rural China.
Abstract
Purpose
The purpose of this paper is to examine the role of education in the labor market and to understand how returns to education change over time in rural China.
Design/methodology/approach
Using nationally representative survey data from 2004 to 2015, this study provides insights on wage determination in the labor market and examines how the returns to education in rural China differ with time and educational endowment. This study applies ordinary least squares estimation and the Heckman selection model to estimate the returns to education.
Findings
The returns to education decreased during the observed years from more than 6 percent in 2004 to only about 3 percent in 2011, rising to nearly 4 percent in 2015. The overall trend is robust and observed within groups defined by education. Additionally, the returns to education vary greatly with educational endowment. Tertiary education has always maintained a high rate of returns at nearly 10 percent, while returns to senior high school education and below have gradually diminished.
Originality/value
The authors believe that the results will not only enrich studies on the returns to education in rural China, but also provide a basis for diagnosing the changes of rural labor market in the early twenty-first century.
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Xiujuan Chen, Zhiqiang Zhang and Jinjing Guo
The purpose of this paper is to provide theoretical basis and data support for researchers to choose appropriate international partners, provide a basis for Chinese research…
Abstract
Purpose
The purpose of this paper is to provide theoretical basis and data support for researchers to choose appropriate international partners, provide a basis for Chinese research funding agencies, such as National Natural Science Foundation of China (NSFC) to formulate international research collaboration (IRC) strategies and policies and provide recommendations for the improvement of the internationalization level of China's basic scientific research.
Design/methodology/approach
Based on existing research, this study took output of “Major International (Regional) Joint Research Project” (MIJRP) funded by NSFC and participated by Chinese scholars in the meantime as the analysis object, proposed hypotheses and constructed the indicators of IRC and research output (RO). In addition, the mathematical statistics was used to compare the RO of China's IRC and nonIRC, and the statistical analysis model was used to measure the influence on RO of collaboration country's research capacity, research collaboration between China and US, scope of international research collaboration and reprint author country.
Findings
The RO of China's IRC is higher than that of nonIRC; research capacity of collaboration country has no inevitable effect on the RO of China's IRC; the RO of China's IRC participated by Americans is higher than that without American scholars; expanding the scope of China's IRC to some degree can increase RO; the RO of China's IRC led by foreigners is higher than that led by Chinese. In particular, China–US IRC and foreign scholars acting as the reprint author are two major factors for the RO of China's IRC.
Originality/value
Most of the traditional research on IRC are based on the co-author papers, and this study tried to analyze the characteristics and regularities on IRC from a new view of international collaboration projects, which can be a supplement to the traditional international collaboration research on co-author papers.
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Anna Trunina, Xielin Liu and Jian Chen
The purpose of this paper is to contribute to the understanding of similarities and differences between small and medium technology enterprises of Zhongguancun in China and…
Abstract
Purpose
The purpose of this paper is to contribute to the understanding of similarities and differences between small and medium technology enterprises of Zhongguancun in China and Silicon Valley in the USA in the following aspects of their activities: scale, diversity and the strength of entrepreneurial networks; quality of collaboration network; reputation in the sense of stakeholders’ perception at the local market; and foreign networks.
Design/methodology/approach
The study uses a survey method. The analysis of variance statistical technique was applied to each aspect.
Findings
The investigation reveals that Chinese companies have more stakeholders among relatives and friends, government, universities, accounting/law, as well as collaborate more with competitors and suppliers, while the US companies have more and collaborate diverse relations with its clients. In America, companies tend to trust their partners more than they do in China. For Chinese companies, the local government appraises business more than the USA. Employees from the US companies also take more pride in telling others that they are members of the business. Domestic customers positively rate business products. Chinese companies actually have better access to foreign resources than the USA and collaborate more with their foreign stakeholders.
Practical implications
Understanding the distinctive features of each regional system is crucial for the success of small and medium technology enterprises for both Chinese and US entrepreneurs.
Originality/value
This paper is a pioneer in the comparison and analysis of the two regions.
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Tachia Chin, Jianwei Meng, Shouyang Wang, Yi Shi and Jianxin Zhang
A serious global public health emergency (GPHE) like the COVID-19 aggravates the inequilibrium of medical care and other critical resources between wealthy and poor nations…
Abstract
Purpose
A serious global public health emergency (GPHE) like the COVID-19 aggravates the inequilibrium of medical care and other critical resources between wealthy and poor nations, which, coupled with the collision of cultures, indicates the vital need for developing humanitarian knowledge transcending cultures. Given the scarcity of literature addressing such unprecedent issues, this paper thus proposes new, unconventional viewpoints and future themes at the intersection of knowledge management (KM) and humanitarian inquiry.
Design/methodology/approach
This paper is conceptual in nature. The data of the World Bank and the Office for the Coordination of Humanitarian Affairs are analysed to introduce some emerging real impact topics regarding cross-cultural conflicts and humanitarian knowledge in the post-COVID business world. The theoretical foundation was built upon a critical literature review.
Findings
This paper synthesizes the perspectives of culture, KM and the humanistic philosophy to distil the core component of cultural intelligence and comparatively and thereby illuminating why cross-cultural metacognition acts as a priori for achieving cosmopolitan humanitarian knowledge.
Research limitations/implications
This paper provides profound implications to academics by highlighting the importance to formulating new, inter-disciplinary themes or unorthodox, phenomenon-driven assumptions beyond the traditional KM domain. This paper also offers practitioners and policymakers valuable insights into coping with the growing disparity between high- and low-income countries by showing warning signs of a looming humanitarian crisis associated with a GPHE context.
Originality/value
This paper does not aim to claim the birth of a new domain but call for more research on developing a normative theory of humanitarian knowledge as transcendence of cultures. It implies uncharted territories of great interest and potential for the real impact KM community.
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