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Article
Publication date: 26 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…

1488

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. 26 no. 5
Type: Research Article
ISSN: 1367-3270

Keywords

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 and…

4197

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

Content available
635

Abstract

Details

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

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.

8579

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

Keywords

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 used as…

2899

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

Open Access
Article
Publication date: 14 December 2023

Huijuan Zhou, Rui Wang, Dongyang Weng, Ruoyu Wang and Yaoqin Qiao

The interruption event will seriously affect the normal operation of urban rail transit lines,causing a large number of passengers to be stranded in the station and even making…

Abstract

Purpose

The interruption event will seriously affect the normal operation of urban rail transit lines,causing a large number of passengers to be stranded in the station and even making the train stranded in the interval between stations. This study aims to reduce the impact of interrupt events and improve service levels.

Design/methodology/approach

To address this issue, this paper considers the constraints of train operation safety, capacity and dynamic passenger flow demand. It proposes a method for adjusting small loops during interruption events and constructs a train operation adjustment model with the objective of minimizing the total passenger waiting time. This model enables the rapid development of train operation plans in interruption scenarios, coordinating train scheduling and line resources to minimize passenger travel time and mitigate the impact of interruptions. Regarding the proposed train operation adjustment model, an improved genetic algorithm (GA) is designed to solve it.

Findings

The model and algorithm are applied to a case study of interruption events on Beijing Subway Line 5. The results indicate that after solving the constructed model, the train departure intervals can be maintained between 1.5 min and 3 min. This ensures both the safety of train operations on the line and a good match with passengers’ travel demands, effectively reducing the total passenger waiting time and improving the service level of the urban rail transit system during interruptions. Compared to the GA algorithm, the algorithm proposed in this paper demonstrates faster convergence speed and better computational results.

Originality/value

This study explicitly outlines the adjustment method of using short-turn operation during operational interruptions, with train departure times and station stop times as decision variables. It takes into full consideration safety constraints on train operations, train capacity constraints and dynamic passenger demand. It has constructed a train schedule optimization model with the goal of minimizing the total waiting time for all passengers in the system.

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