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The purpose of this paper is to assess effective integration of two emerging technologies, new emerging opportunities for them and their diffusion in China.

A multi‐perspective analysis and causal models were developed to assess the emerging technologies as a result of the integration. In addition, an initial system dynamics model is developed to explore their diffusion.

Based on multi‐perspective analysis and causal models in both global and national environments, problems such as security and reliability are identified. System dynamics modeling is used in this paper to assist such foresight process. Different scenarios are proposed by the modeling to offer possible solutions facilitating the development of voice and video over wireless area network (VVoWLAN) in China.

While, the purpose of system dynamics modeling is to demonstrate the application of the methodology, simplifying assumptions are made. To deliver an accurate foresight model, additional data and modeling details will be required. This will lead to future works as an improvement of the model.

A multi‐perspective analysis and causal models were developed to assess the emerging technologies as a result of the integration. These models can easily be used by decision makers evaluating such technologies. The framework suggests that the diffusion of such emerging technologies like VVoWLAN needs to be planned strategically in order to fully realize the value of the integration opportunities identified in the first step.

The paper provides a framework for assessing emerging technologies in China.

This chapter studies banks’ loan pricing behavior in mainland China during 2003–2013 by applying panel regressions to firm-level loan data and the estimated default likelihood for listed companies. The authors find that with the progress of market-oriented financial reforms, banks generally require compensation for their exposure to borrowers’ default risks. It is even more so if the borrower is a non-state-owned enterprise (non-SOE), mainly due to the pricing behavior of the Big Four banks. Bank lending rates are shown to be less sensitive to the default risks of state-owned enterprises (SOEs). Our results also reveal that banks priced in firm default risks before 2008 financial crisis, but not necessarily so after the crisis. As for industries, we find that after the 2008 Global Financial Crisis, the real estate sector and other government-supported industries tended to enjoy better terms on loan pricing in terms of default risks. We believe the main reason is that the government stimulus policies tilted toward those industries that have played crucial roles in China’s economic growth.

We analyze the impact of monetary policy instruments on interbank lending rates and retail bank lending in China using an extended version of the model developed by Porter and Xu (2009). Unlike the central banks of advanced economies, the People’s Bank of China (PBoC) uses changes in the required reserve ratios and open market operations to influence liquidity in money markets and adjusts the regulated deposit and lending rates and loan targets to intervene in the retail deposit and lending market. These interventions prevent the interbank lending rate from signaling monetary policy stance and transmitting the effect of policy to the growth of bank loans. Since the global financial crisis, the PBoC’s monetary policy has gone through a full cycle. The combining effects of using different policy instruments simultaneously within a short period of time were quite effective in bringing the credit and money growth in line with its desired level. Most recently steps have been taken to speed up the interest rate liberalization. Effective July 2013, the PBoC removed the floors of the benchmark lending rates.

Over the last several months, the cries to become lean and low cost have echoed all the way from the halls of government to the smallest company's back room. In times of severe economic challenge, the natural reaction is to make decisions that can make an organization become as lean and focused as possible. This paper aims to address these issues.

This paper discusses the benefits and pitfalls associated with lean manufacturing management starting from the kernel idea that pleasing the customer should be at the root of all effort leading through the ravages of overzealous application of “lean to the max.” Elements of lean discussed in this paper address organizational waste, human resources, distributed design, supply chain management, customer management, and the financial system.

Potential solutions and recommendations are made to help organizations become lean yet remain committed to being centered on the ultimate goal of customer satisfaction. These benefits and pitfalls may be seen as outcomes based on the degree to which lean is implemented.

This paper reviews the popular lean manufacturing environment and makes practical recommendations to new adopters to avoid failures due to the improper application of “lean” to their organization.

The purpose of this paper is to identify the determinants for currency internationalization and forecast the potential of RMB as an international reserve currency.

This paper performs linear or non-linear regressions of the shares of eight major international reserve currencies as the reserve assets in global central banks on the macro economic and financial variables of their corresponding countries to identify the determinants for their international positions, and conducts an “counter-factual simulation” for the potential of RMB as an international reserve currency.

This paper finds that the economic size and the “network externalities” are the most important determinants for the international status of a reserve currency; that exchange rate volatility has negative impacts; the conditions for the RMB internationalization are basically available. The simulation for the potential of RMB as an international reserve currency reveals that the international role of RMB could surpass that of the Japanese Yen and the British Pound, and get close to Euro in the coming 15 years. Based on the empirical evidence, this paper suggests a promoting strategy for RMB internationalization.

This paper has not taken the influence of economic systemic and political factors on the process of RMB internationalization into account.

RMB internationalization promotion should follow the strategy of “stably create RMB international demand in the initial period and dramatically release the RMB overseas supply in the latter period” in the coming 15 years.

The conclusions and policy implications are from the results of the empirical analysis on the 45-year historical experience on the eight main international currencies.

The purpose of this paper is to investigate the individual effects of boundary-spanning search from suppliers (supplier-side search (SS)). It is proposed that SS contributes to innovation ambidexterity (IA) and then business performance (BP). Further, this paper includes buyer–supplier relationships (BSRs) and competitive intensity (CI) as moderators to clarify boundary conditions.

An ordinary least squares regression was employed to test hypotheses, based on 184 sets of data from Hong Kong manufacturing firms. The SPSS version of PROCESS was utilized.

The results show that IA partially mediates the relationship between SS and BP. Contingently, the direct effect is negatively moderated by BSRs and CI.

This paper confirms the partial mediating effect of IA on the relationship between SS and BP. Additional mediators, such as organizational innovation and marketing innovation, can be examined in the future.

This paper contributes to practice by suggesting that suppliers are a rewarding single source for firms to undertake boundary-spanning search. IA plays a significant role in reinforcing the effects of SS on BP and should be implemented with sustaining efforts. BSRs and CI can be detrimental and should be responded to cautiously.

This paper highlights the individual effects of SS on BP. Furthermore, the underlying process and boundary conditions are analyzed. The exploitation-exploration framework is applied throughout the entire study.