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The purpose of this paper is to address the following question: how managerial ties impact firm business model innovation (BMI) in the context of transition economies.

The authors present a conceptual model that links managerial ties, organizational learning (explorative and exploitative learning), opportunity recognition and BMI together.

This study finds that managerial ties take effect through two paths: one direct path and one indirect path. First, managerial ties can impact BMI directly through exploitative and explorative learning. Second, managerial ties can impact BMI indirectly through explorative learning and opportunity recognition.

First, firm managers from transition economies should learn to reinvent their business models by taking full advantage of managerial ties. Second, firm managers should take appropriate actions to transfer managerial ties into BMI.

This study contributes to existing literature in two major ways. First, this study enriches literature on the antecedents to BMI from a social network perspective. Second, this study opens the “black box” between managerial ties and BMI in the context of transition economies.

Professor independent directors have been the subject of academic debate as to whether they can improve corporate innovation performance. Accordingly, this paper aims to investigate the relationship between professor independent directors, the marketization process and corporate innovation performance in China.

Using a sample of Chinese A-share listed companies from 2014 to 2017, this study examines how professor independent directors and the (low and high) marketization process affect corporate innovation performance.

The empirical analysis of this yields the following main results. First, enterprises with a higher proportion of professor independent directors outperform those with a low proportion of professor independent directors in terms of corporate innovation. Second, the study of introducing the marketization process finds that there is no “market failure”. Third, while professor independent directors have a significant association with innovation performance in the high-marketization group, this association is negligible in the low-marketization group, indicating that there is no “substitution effect”.

This research provides empirical evidence to support the hiring of professors with relevant backgrounds as independent directors who can contribute meaningfully to corporate governance and innovation while also fostering industrial transformation. This study also identifies that the role of professor independent directors in facilitating corporate innovation is more effective in regions with a high degree of marketization than in regions with a low degree of marketization, implying that increasing marketization benefits the role of professor independent directors in facilitating corporate innovation.

The purpose of this paper is to review the operation and maintenance practices within wind power applications and to clarify practical needs as gaps between researchers and practitioners.

The paper collects, categorizes, and analyzes the published literature of both researchers and practitioners systematically.

The paper defines significant issues in operation and maintenance of wind energy related to: site and seasonal asset disturbances; stakeholders’ requirements trade‐off; dependability and asset deterioration challenges; diagnostic, prognostic and information and communication technologies (ICTs) applications; and maintenance optimization models. Within each category, the gaps and further research needs have been extracted with respect to both an academic and industrial perspective.

The use of wind energy is growing rapidly and the associated practices related to maintenance and asset management are still lacking. Therefore, the literature review of operation and maintenance is a necessity to uncover the holistic issues and interrelationships of what has so far been published as detailed and fragmented topics to specific issues. Wind energy assets represent modern renewable energy assets which are affected by environmental disturbances, rapid technological development, rapid scaling‐up processes, the stochastic and dynamic nature of operations and degradation, the integrity and interoperability of system‐to‐support.

The paper provides a comprehensive review of research contributions and industrial development efforts. That will be useful to the life cycle stakeholders in both academia and industry in understanding the maintenance problem and solution space within the wind energy context.