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Article
Publication date: 30 August 2021

Hongxia Zhang and Huixin Yang

To reconcile the existing contradictory conclusions on the relationship between cross-border mergers and acquisitions (M&As) and innovation, this paper aims to propose a…

Abstract

Purpose

To reconcile the existing contradictory conclusions on the relationship between cross-border mergers and acquisitions (M&As) and innovation, this paper aims to propose a theoretical model of the impact of cross-border M&As on technological innovation and explore the moderating role of institutional distance from the perspective of springboard theory and new institutional theory.

Design/methodology/approach

Through the use of the two-way fixed effect model and the U-test method, the authors test the hypotheses based on a sample of cross-border M&A events of Chinese manufacturing enterprises during the period from 2006 to 2019.

Findings

The research shows that there is an inverted U-shaped relationship between cross-border M&As and technological innovation. Furthermore, formal institutional distance moderates the inverted U-shaped relationship in such a way that it reaches its turning point at a smaller scale of cross-border M&As, and the inverted U-shaped relationship is steeper when formal institutional distance is relatively high. The informal institutional distance moderates the inverted U-shaped relationship in such a way that it reaches its turning point at a larger scale of cross-border M&As and the inverted U-shaped relationship is flatter when the informal institutional distance is relatively high.

Originality/value

The research conclusions integrate heterogeneous views of the existing research, further clarify the influence mechanism and boundary conditions between cross-border M&As and technological innovation, identify the different moderating roles of formal institutional distance and informal institutional distance and enrich the literature on knowledge transfer and recombinant innovation during post-merger integration.

Details

Journal of Knowledge Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1367-3270

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Article
Publication date: 8 June 2010

Zhang Jin, Yang Huixin and Lv Ruizhan

The purpose of this paper is to locate those entrepreneur human capital elements which significantly influence an enterprise's growth performance, within both high‐tech…

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1736

Abstract

Purpose

The purpose of this paper is to locate those entrepreneur human capital elements which significantly influence an enterprise's growth performance, within both high‐tech and traditional enterprises, thereby helping entrepreneurs understand that human capital elements will provide different impacts within different industries.

Design/methodology/approach

Under some necessary research assumptions, the statistical analysis described in this paper uses data collected from a questionnaire survey and is performed under the SPSS16.0 Program.

Findings

An enterprise growth model is built from the perspectives of entrepreneur human capital. Analysis shows that human capital elements of the same entrepreneur have different impacts on the performance of business growth in different industries. The theoretical model provides a better explanation of the high‐tech enterprises' growth performance. Innovation and business growth performances from a high‐tech enterprise have greater reliance on human capital of entrepreneurs than the traditional industries.

Originality/value

Most current studies of the human capital of entrepreneurs focus on the analysis of background characteristics, but inadequate attention has been given to the relationship between human capital and the enterprises' growth performance, as well as to the comparative analysis of entrepreneurs' human capital in high‐tech enterprises and traditional enterprises. This paper, however, compares and analyzes such relationships between high‐tech enterprises and traditional enterprises.

Details

Journal of Chinese Entrepreneurship, vol. 2 no. 2
Type: Research Article
ISSN: 1756-1396

Keywords

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619

Abstract

Details

Journal of Chinese Entrepreneurship, vol. 2 no. 2
Type: Research Article
ISSN: 1756-1396

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Article
Publication date: 1 December 2006

Fujun Lai, Xiande Zhao and Qiang Wang

This paper seeks to examine the impact of information technology (IT) on the competitive advantages of third‐party logistics (3PL) firms in China.

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8345

Abstract

Purpose

This paper seeks to examine the impact of information technology (IT) on the competitive advantages of third‐party logistics (3PL) firms in China.

Design/methodology/approach

A questionnaire‐based mail survey was conducted in mainland China. Spline regressions were used to model the relationship between IT and competitive advantages.

Findings

This study found that IT could significantly influence a firm's competitive advantage, and the effects are nonlinear.

Research limitations/implications

The modeled relationship between IT and competitive advantages may not hold in different cultural environments and industrial settings. The sample size was small.

Practical implications

A higher IT focus may improve a firm's competitive advantage. To achieve competitive advantages efficiently, it is essential to integrate IT, align IT strategy and business strategy, obtain IT‐related management skills, and achieve IT competency. 3PL managers can expect competitive advantages from their investments in IT to begin showing up when the deployment of IT is higher than the average relative to competitors.

Originality/value

This paper is a pioneering study that investigates the relationship between IT and competitive advantages in 3PL firms; is a pioneering study on IT and its impact on competitive advantages in China's 3PL firms; and provides valuable guidance and insights for 3PL managers to improve competitive advantages using information technology.

Details

Industrial Management & Data Systems, vol. 106 no. 9
Type: Research Article
ISSN: 0263-5577

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Article
Publication date: 1 January 2009

Li Genpan

The purpose of this paper is to demonstrate that the sustainable development thought is one good reason why Chinese civilization is continuously developing, and it can be…

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2806

Abstract

Purpose

The purpose of this paper is to demonstrate that the sustainable development thought is one good reason why Chinese civilization is continuously developing, and it can be used as a reference for the development of Chinese agriculture today.

Design/methodology/approach

The paper employs a historical analysis approach to examine the sustainable thoughts concerning Chinese traditional agriculture, including view of sancai, farming season, fertility, the nature of matters, recycling, and economization.

Findings

The results reveal that the nature of Chinese traditional agriculture is akin to ecological agriculture, which is precious heritage for China and the whole world.

Originality/value

The originality of this paper is that it confirms the fundamental reason of the continuous development of Chinese civilization which, based on organization of sustainable development thought, lies in traditional agriculture.

Details

China Agricultural Economic Review, vol. 1 no. 1
Type: Research Article
ISSN: 1756-137X

Keywords

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