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21 – 30 of over 2000
Article
Publication date: 6 November 2018

Zhijie Guan, Yan Xu, Hong Jiang and Guogang Jiang

The purpose of this paper is to analyze raw materials, labor, capital, demand, related industries, strategies and policies influencing international competitiveness of Chinese

2314

Abstract

Purpose

The purpose of this paper is to analyze raw materials, labor, capital, demand, related industries, strategies and policies influencing international competitiveness of Chinese textile and clothing industry.

Design/methodology/approach

The analysis is conducted using “Diamond Model”, in which raw materials, labor, capital, demand, related industries, strategies and policies are included as explanatory variables, and the impacts of international competitiveness on market share (MS), trade competitiveness(TC) and revealed comparative advantage(RCA) are examined based on the estimated coefficients of these variables.

Findings

These factors have different effects on TC, MS and RCA. While their effects on TC and MS are similar in sign even though their degree of significance differs, their effects on RCA are opposite to TC and MS except for capital. Raw materials and capital have negative effects on TC and MS, while the other factors have positive ones. Raw materials have positive effects on RCA, but all other factors have negative ones.

Practical/implications

The results from this study imply that it is necessary to increase investment in fixed assets of Chinese textile and clothing industry, speed up the pace of upgrading equipment, improve the level of industrialization, while strengthening the supply of textile raw materials, and lowering raw material prices, thereby reducing the cost of textile and clothing enterprises.

Originality/value

To the best of the authors’ knowledge, this is the first empirical research made using econometric model about the impact of the main factors of trade competitiveness in Chinese textile and clothing industry based on the “Diamond Model”.

Details

Journal of Chinese Economic and Foreign Trade Studies, vol. 12 no. 1
Type: Research Article
ISSN: 1754-4408

Keywords

Article
Publication date: 5 October 2015

Dejin Su, Dayong Zhou, Chunlin Liu and Lanlan Kong

The purpose of this paper is to analyze and summarize the development of science and technology (S & T) policies in China from a government-driven perspective in…

2138

Abstract

Purpose

The purpose of this paper is to analyze and summarize the development of science and technology (S & T) policies in China from a government-driven perspective in chronological order. To develop knowledge-based economy, China enacts a range of S & T policies since “Reform and Open Policy” started in 1978. Furthermore, it investigates the overall effects of these S & T policies on university-industry linkages (UILs).

Design/methodology/approach

This paper conducts an analysis framework of S & T policies in historical sequence to explain how government drives UILs to stimulate technological progress and economic growth in China.

Findings

More than a site for high-quality workforce education and knowledge spread, universities as an important part of national innovation are required to participate in economic activities. Considering that most Chinese universities are national, S & T policies with particular regard to university technology transfer would be more important and essential. This research finds that S & T policies enacted by government have made critical contributions to UILs in economic transition period, such as improving academic faculty, enhancing university–industry collaborations and supporting university spin-off formation. The experiences of China suggest that government should enact more effective S & T policies in the knowledge-based economy era.

Practical implications

First, universities need to educate high-level human resources that are important for economic growth and social development. Second, universities need to engage in R & D activities and enhance their collaboration with industries, such as consulting services, research contracts with industry, patent licensing and other general knowledge commercial mechanisms. Third, universities also can directly transfer commercial knowledge to start up new businesses by itself or in partnership with industrial sectors. Without doubt, a series of S & T policies or programs enacted by China’s government to drive entrepreneurship continuously played critical role in the UILs over the past 26 years.

Originality/value

This paper is a pioneering work on how S & T policies enacted by government drive UILs to stimulate technological progress in transitional China.

Details

Journal of Science & Technology Policy Management, vol. 6 no. 3
Type: Research Article
ISSN: 2053-4620

Keywords

Expert briefing
Publication date: 9 June 2021

These are: artificial intelligence, semiconductors, quantum computing, genetics, biotechnology, neuroscience and aerospace.

Details

DOI: 10.1108/OXAN-DB261995

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 19 November 2004

Peter J. Buckley, Jeremy Clegg and Chengqi Wang

The improvement in performance of Chinese domestically owned industry in 1995 and 2001 is strongly linked to inward foreign direct investment. Rising foreign presence contributes…

Abstract

The improvement in performance of Chinese domestically owned industry in 1995 and 2001 is strongly linked to inward foreign direct investment. Rising foreign presence contributes towards the narrowing of the performance gap between foreign and locally owned enterprises in China. While investment by overseas Chinese firms benefits overall Chinese industry throughout, developed country FDI only generated a positive impact in 2001. Inward FDI by both investor groups benefits Chinese state owned enterprises, but not until 2001 for collectively owned Chinese firms. The results support the use of inward FDI as a development policy tool, in conjunction with economic liberalization.

Details

Multinational Business Review, vol. 12 no. 3
Type: Research Article
ISSN: 1525-383X

Keywords

Article
Publication date: 5 July 2011

John McManus

The purpose of this paper is to offer a point of view on the challenges China faces competing in a twenty‐first century software industry.

1098

Abstract

Purpose

The purpose of this paper is to offer a point of view on the challenges China faces competing in a twenty‐first century software industry.

Design/methodology/approach

The approach taken was desk research and conversations with other academics and industry experts.

Findings

The paper suggests that China needs to overcome weaknesses in managerial and technical skills and focus on international markets where it is positive strengths.

Practical implications

India provides some important and practical lessons for China's emerging software industry including those Chinese firms looking to increase their export revenues and presence around the globe.

Originality/value

This paper provides insight into the issues and challenges faced by the Chinese software industry looking to expand within a global economy. The paper may also prove useful to those researchers interested in emerging economies.

Details

International Journal of Emerging Markets, vol. 6 no. 3
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 25 March 2019

Stuart Orr

In addition to their internal resources, companies in most industries rely upon external strategic resources to maintain and improve their performance. External strategic…

Abstract

Purpose

In addition to their internal resources, companies in most industries rely upon external strategic resources to maintain and improve their performance. External strategic resources have a similar effect on competitiveness but are located in the company’s networks or even in unrelated industries. Some companies underuse these resources, while other companies focus too strongly on accessing external resources in their own industry, which results in hyper-competition. This paper aims to explain how different industries use external resources and describes the criteria for a balanced approach which leads to knowledge transfer, diversity and supports the development of new business.

Design/methodology/approach

Examples and evidence from four different industries are used to identify the different approaches for accessing external strategic resources.

Findings

Valuable external strategic resources are non-transferable, located in a complementary product organisation, knowledge-oriented, located in a different country, preferably not part of the organisation’s primary external focus (e.g. supply chain), able to introduce diversity and innovation and are compatible with network behaviours.

Practical implications

External strategic resources are frequently found within the organisation’s supply chain, however, use of these resources should be balanced by external resources from non-related industries to increase diversity and reduce the likelihood of hyper-competition.

Originality/value

This paper explains why external strategic resources are valuable, identifies the different approaches to accessing them, describes the benefits and drawbacks associated with each approach and provides the key criteria for identifying a valuable external strategic resource.

Details

Journal of Business Strategy, vol. 40 no. 3
Type: Research Article
ISSN: 0275-6668

Keywords

Open Access
Article
Publication date: 2 August 2021

María José Haro Sly

In recent years, the People's Republic of China has made remarkable progress in science and technology. The Chinese industry is competing for leadership in cutting-edge…

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Abstract

Purpose

In recent years, the People's Republic of China has made remarkable progress in science and technology. The Chinese industry is competing for leadership in cutting-edge technologies such as 5G, robotics, artificial intelligence, aerospace and green energy. This article aims to analyze: What role do industrial parks, especially Suzhou Industrial Park, play in upgrading technology to encourage independent innovation and economic development? How SIP is related to the Belt and Road Initiative?

Design/methodology/approach

This research summarizes China's most important scientific and technological reforms and policies and in particular the Torch Program. In addition, it develops a case study of the Suzhou Industrial Park (SIP) by analyzing documents, bibliography and presenting data. It ends with a case study of the role of SIP in the Belt and Road Initiative analyzing the Great Stone Park in Belarus.

Findings

This article highlights that: China's experience clearly shows that the "visible hand" of the State plays a very important role in economic development and technological catch-up. All of them are implemented from a strategy linking the national objectives with the local ones, this is done from a top-down perspective. As an important aspect of economic and social development, China's experience in promoting indigenous innovation in science and technology provides a relevant example for developing countries.

Research limitations/implications

There are few academic literature on Great Stone Industrial Park.

Practical implications

The international cooperation of the SIP with the technology parks throughout the BRI-countries provides relevant information to deepen collaboration in this field and could contribute to closing the technological gap in developing countries.

Originality/value

The role of the SIP in the Belt and Road initiative is an under research topic. There is few bibliography discussing the impacts of the cooperation in science and technology in the framework of the BRI.

Details

Revista de Gestão, vol. 28 no. 4
Type: Research Article
ISSN: 1809-2276

Keywords

Expert briefing
Publication date: 20 March 2015

China's aerospace industry.

Details

DOI: 10.1108/OXAN-DB198446

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 20 August 2021

Werner Fees, Thu Thi Minh Nguyen and Xia Xu-Fees

The purpose of this study is to look at Chinese mergers and acquisitions (M&A) in Germany on a firm level. It focuses on the benefits and risks from the viewpoint of Germany. In…

Abstract

Purpose

The purpose of this study is to look at Chinese mergers and acquisitions (M&A) in Germany on a firm level. It focuses on the benefits and risks from the viewpoint of Germany. In this way, the authors want to close the research gap concerning the financial consequences of Chinese takeovers for the affected German firms. The purpose is to find out if Chinese investors show a specific behavior in terms of profitability, growth and business risks in the acquired companies.

Design/methodology/approach

This paper studies the financial situation of German firms two years before and two years after being bought by Chinese companies, by analyzing accounting data of 19 target companies in six economic sectors. In this empirical study, firm performance is measured by profitability, research and development cost, liquidity and financial leverage. It is using the industry adjustment method and calculation of mean and weighted mean considering company size.

Findings

Overall, German firms’ financial performance after Chinese M&A did not significantly improve, but they did not worsen either. The changes in financial ratios are different across economic sectors and company sizes. Obviously, the final performance of firms after M&A is quite diverse due to diverse company-specific targets. The results do not reflect common fears about deteriorating situations brought by Chinese involvement drawn in mass media.

Research limitations/implications

The study lacks analysis for a longer period, ideally five years before and five years after M&A. The calculated results of industry mean may differ from the real industry mean, as components are collected from the sample companies accounting for only 70% of the market. Industry means figures are calculated for only one single point in time and assumed to be unchanged over the whole time period. The study covers mostly firms which have total assets of more than €50m, so SMEs are underrepresented.

Practical implications

Owners of German firms that are in target but have not been purchased by Chinese investors can see the trends and anticipate which group of M&A targets their firms are categorized into. If their firms belong to the group of sectors or company sizes that shows negative results of performance after Chinese M&A, they can plan to protect their firms by implementing defending strategies against hostile takeovers. If their firms are in the groups that tend to enhance performance after Chinese M&A, they may be in a good position and able to negotiate for mutually beneficial transactions.

Social implications

The results are important for political and public discussion. It is shown that Chinese acquisitions of German firms do not have a deteriorating effect, at least not in the short-term. Therefore, the results are a good input to neutralize discussions in German society.

Originality/value

The results disagree with the few previous studies on Chinese M&A in Germany (Bollhorn, 2015; Müller, 2017; Löchel and Sächtig, 2019). While the studies of Bollhorn and Müller are based on subjective methods, the study is based on a detailed financial method. Then, in contrast to the study of Löchel and Sächtig, it is strictly focusing on Chinese/German M&A. Most existing empirical studies are focusing on cross-border M&As from developed to developing countries and there is little attention to acquisitions in the other direction (Ma et al., 2016, p. 22).

Details

Review of International Business and Strategy, vol. 32 no. 3
Type: Research Article
ISSN: 2059-6014

Keywords

Article
Publication date: 8 July 2020

Ming K. Lim, Weiqing Xiong and Zhimei Lei

Cloud manufacturing (CMfg) is a networked manufacturing mode that promotes the agile, service-oriented, green and intelligent development of the manufacturing industry. Although…

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Abstract

Purpose

Cloud manufacturing (CMfg) is a networked manufacturing mode that promotes the agile, service-oriented, green and intelligent development of the manufacturing industry. Although some scholars have reviewed related studies of CMfg from multiple perspectives, these reviews are not fully systematic or well justified and fail to fully reveal the key characteristics in the development process of CMfg. The purpose of this paper is to systematically review the relevant research on CMfg via identification of key characteristics of definition, architecture, supporting technology and application of CMfg to provide critical information in decision support for the innovation and development of CMfg.

Design/methodology/approach

This study systematically reviews the relevant research on CMfg across theoretical methods to technical applications by integrating quantitative and qualitative methods. Word cloud method is used to quantitatively analyse the structure and feature of different definitions of CMfg. The principle of System Science is used to explore the basic components and functions of various CMfg architectures and their common and differing characteristics. A multi-level technology framework is developed to explore the development status of CMfg supporting technologies. A multi-stage application classification is proposed to reveal the application status of CMfg.

Findings

Through literature review, this study found that CMfg architecture is currently dominated by general architectures and lacks architectures that fit the actual enterprise characteristics; CMfg supporting technology is mature in the traditional cloud computing-based technology, but it is still weak in the development of virtualization and servitization technology, service scheduling technology; CMfg application is still in the initial stage and still lacks a relatively complete system application. By analysing the development status of CMfg, this study also identified potential research directions of CMfg in information management, service composition and evaluation, system application and sustainable development and other aspects.

Research limitations/implications

This paper predominantly focuses on journal articles and some key conference papers published in English and Chinese. Chinese articles account for more than half of the total. The reason is that CMfg was proposed by the Chinese and CMfg is suitable for the development of China's manufacturing industry because of China's intelligent manufacturing environment. It is believed that this research has reached a reliable comprehensiveness that can help scholars and practitioners establish new research directions and evaluate their work in CMfg.

Originality/value

Prior literature reviews ignore the identification and analysis of key feature identification for the current development of CMfg, including common and unique feature identification of different CMfg architectures and functions, multi-layer analysis and interpretation of CMfg technology and different stage analysis of CMfg applications. This study addresses these limitations and provides a comprehensive literature review.

Details

Industrial Management & Data Systems, vol. 120 no. 8
Type: Research Article
ISSN: 0263-5577

Keywords

21 – 30 of over 2000