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This paper aims to examine how the conceptualization of development has evolved and how, given emerging global economic trends, this might affect the development industry in Africa. It explores the interplay of ideas and practice, identifies key global drivers and considers their significance for Africa over the next generation.

Adopting a historical approach, the paper chronicles the changes in the epistemological foundations of development thinking over 60 years of development theory and practice. It also explores how concurrent changes in the international context for development have influenced both the thinking on and management of development. The paper undertakes a scenario analysis in search of an African development narrative that is more appropriate to the challenge of African prosperity over the next 20‐30 years.

It is shown that the contemporary view of development represents an epistemological shift from a perspective defined by the actual experiences of successful developers, to one defined through the prism of some assumed universal norms. Focusing on a particular scenario of Africa as the “land of the future”, the paper suggests that Africa should reject its portrayal as “victim” in the international community, replace the poverty ideology with one of prosperity, and reject the condescension implicit in regarding Africa as a “special case” that requires continuing intervention. It stresses that the Africa of the future must be globally competitive.

To address the challenge of African prosperity over the next 20‐30 years, an African development narrative generated endogenously and sustained by the energy of the continent's people, is required. Such a narrative requires that African leaders take full responsibility for Africa's destiny and actively develop a uniquely African story and embrace the African development project.

The study provides a historically based alternative perspective to the MDGs as a framework for considering the future of Africa over the next several decades.

Global supply chains experienced unprecedented changes in 2020 and the relationship between domestic and global markets needed adjustments considering the long-term impacts of the changes that are unfolding around these markets. China has become the first country to announce a formal strategy – “Dual Circulation” Strategy (DCS) – to guide its self-reliant economic development in the post-COVID era. However, what exactly is the DCS and what drove China to publicize this strategy is not yet clear. This study aims to answer these questions.

Based on an extensive review of literature and media reports, a background has been constructed that justifies the DCS as a long-overdue historic necessity.

A novel definition of “Dual Circulation” is introduced. A novel construct to visualize the domestic circulation in light of international and domestic markets and international circulation has been presented. The study argues that maintaining optimum levels of consumption and saving rates is crucial to the DCS’s success.

The study pioneers the first scientific definition of the “Dual Circulation” that will pave way for future debate on the topic. Also, it is the first time an academic study on the DCS has been executed.

The purpose of this study is to forecast the development performance of important economies in a smart city using mixed-frequency data.

This study introduces reverse unrestricted mixed-data sampling (RUMIDAS) to support vector regression (SVR) to develop a novel RUMIDAS-SVR model. The RUMIDAS-SVR model was estimated using a quadratic programming problem. The authors then use the novel RUMIDAS-SVR model to forecast the development performance of all high-tech listed companies, an important sector of the economy reflecting the potential and dynamism of urban economic development in Shanghai using the mixed-frequency consumer price index (CPI) producer price index (PPI), and consumer confidence index (CCI) as predictors.

The empirical results show that the established RUMIDAS-SVR is superior to the competing models with regard to mean absolute error (MAE) and root-mean-squared error (RMSE) and multi-source macroeconomic predictors contribute to the development performance forecast of important economies.

Smart city policy makers should create a favourable macroeconomic environment, such as controlling inflation or stabilising prices for companies within the city, and companies within the important city economic sectors should take initiative to shoulder their responsibility to support the construction of the smart city.

This study contributes to smart city monitoring by proposing and developing a new model, RUMIDAS-SVR, to help the construction of smart cities. It also empirically provides strategic insights for smart city stakeholders.

The purpose of this paper is to find a method that has high precision to forecast the energy consumption of China’s manufacturing industry. The authors hope the predicted data can provide references to the formulation of government’s energy strategy and the sustained growth of economy in China.

First, the authors respectively make use of regression prediction model and grey system theory GM(1,1) model to construct single model based the data of 2001-2010, analyze the advantages and disadvantages of single prediction models. The authors use the data of 2011 and 2012 to test the model. Second, the authors propose combination forecasting model of manufacturing’s energy consumption in China by using standard variance to allocate the weight. Finally, this model is applied to forecast China’s manufacturing energy consumption during 2013-2016.

The result shows that the combination model is a better one with higher accuracy; the authors can take the model as an effective tool to predict manufacturing’s energy consumption in China. And the energy consumption of China’s manufacturing industry continued to show a steady incremental trend.

This method takes full advantages of the effective information reflected by the single model and improves the prediction accuracy.

Purpose – The net increase in China's urban population in the last 50 years equals the current total population of the European Union. The scale and speed of urbanization in China requires a sustainable solution to unprecedented energy demands and elevated carbon emissions. As low-carbon development emerges in urban China, it offers a unique vantage point to examine some fundamental theoretical questions of the environmental state. How do structural socioeconomic changes affect the environmental state? Does the rise of the environmental state offer a basis for regulatory reform on a broader scale?

Methodology/approach – Case study of five low-carbon cities in China provides the empirical evidence for the analysis. The five cities represent a continuum in their levels of postindustrialization. I compare low-carbon development strategies in postindustrial cities with those strategies in industrial cities. Evidence is collected primarily by way of interviews with planning bureau officials, urban design professionals, involved NGOs, academics, and private sector individuals familiar with the matter.

Findings – First, in cities where the level of postindustrialization is high, state resources support innovative low-carbon development strategies that attempt to achieve emission reductions in a variety of sectors. In industrial cities, however, the environmental state's regulative power is limited to one or two (sub)sectors. Second, and more importantly, a new pattern of governance is emerging in postindustrial cities. Low-carbon development in postindustrial cities is a much less centralized process, having local levels of governments as key players of low-carbon policy making. When the environmental state intersects with the postindustrial city, it gives birth to a new urbanism that has profound implications for political structuring in China.

Research limitations – The analysis in this chapter is based on evidence from a purposefully selected set of Chinese cities, which may render the results biased. Future studies should aim for a more systematic analysis of cities in order to establish more generalizable conclusions. In addition, given the increasing availability of quantitative data at the city level in China, future studies should also seek to incorporate quantitative analyses to better substantiate existing knowledge derived from qualitative sources of evidence.

Originality/value of chapter – First, this chapter challenges the Western bias in the existing literature on the environmental state. The role of the civil society is far from salient in the Chinese context, and yet the environmental state demonstrates a robust level of activity despite the weak civil society. It therefore seems that a general theory of the environmental state can be built from existing literature, but needs to be sensitive to non-Western social conditions that might falsify parts of the theoretical claims. Second, the environmental state literature can be consolidated and further developed when examined in conjunction with other literatures in the modernity tradition. I have demonstrated the connection between the environmental state and the postindustrial city. More studies are needed to examine other facets of the environmental state, as it intersects with a multitude of (post)modern conditions.

Through this case, students will not only learn about the latest development of this emerging industry, IoT, but also gain a systematic understanding of “ecosystem strategy” and get to know a new corporate growth model called “co-creation”.

This case describes why and how Advantech Co., Ltd. (hereinafter referred to as Advantech) has transformed in the age of the Internet of Things. Aware of the ecosystem attributes of the IoT industry and committed to the company’s principle of “altruism”, Advantech strategically positioned itself as an “IoT platform provider” and an “enabler” for IoT applications. After carrying out a reform in terms of internal management, external cooperation, and development model, Advantech has evolved from an industrial computer maker to an IoT solution provider. Since the launch of the “co-creation model” at the end of 2016, Advantech has drawn attention from many excellent companies in traditional industries. With the Internet of Everything close at hand, Chairman KC Liu is well aware there are many challenges to overcome as Advantech strives to build an industrial IoT ecosystem, the “evolution” continues.

MBAs, EMBAs and senior executives.

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CSS 11: Strategy

The purpose of this paper is to arrive at an understanding of how Japan allowed herself to become involved in a conflict with such tragic proportions, for both Japan and others, as the Second World War.

In a reconstruction, a series of similarities in widespread, local occurrences within the Japanese authority structure that produced larger‐scale reactions, events that could neither undo nor even attenuate the triggering incidents, are described.

The “triggers” occurred almost entirely at the tactical level, ignited by small groups or individuals ignorant of implications higher in the hierarchy of possible outcomes. Emphasized is the causative factor of formalized insubordination, or gekokujô.

The thrust of the paper is to interpret exactly how Japan's lost war against China and the Western Allies began. There may be lessons in this analysis for institutions and organizations outside the military sphere when contemplating new initiatives, especially major departures.

The paper aims to review and assess China's food security practice over the past three decades with a view of drawing implications for further improving its food security in the future.

A normative food security framework is used to assess China's food security achievements and examine any remaining and emerging issues in its pursuit for food security.

China has done well in achieving grain security in the past three decades. However, it cannot be concluded that China has achieved its food security according to the normative food security framework. This is because there are serious problems in the aspects of food safety and quality, environmental sustainability, and social stability. To achieve long‐term food security, China has to tackle the wide spread issues of unsafe foods and foods of dubious quality, environmental pollution and degradation, and the establishment of a social security system.

Examining China's food security practice over the past three decades can generate experiences and lessons valuable not only for China, but also for other developing countries in their efforts to achieving national food security. Issues are identified to which the Chinese government needs to pay attention in order to improve China's food security in the future.

The main purpose of paper is to analyse the political, military and strategic significance of China’s rising power and its influence on Sino-Indian relations, while addressing the question as to why India has not been able to develop a long-term, stable and friendly relationship with China.

The paper is structured as follows: historical overview of India-China relations; various tools of China’s policy in Indian sub-continent; and India’s response. The paper employs a qualitative analysis of secondary literature, with media reports, official documents and public statements providing important sources for understanding the dynamics underlying bilateral relationship.

India needs to be prepared to face challenges as China’s charm offensive in India’s neighbourhood is primarily aimed at establishing a new Asian order in which Beijing would play the leading role. As China institutionalizes its military presence in South Asia and the Indian Ocean, India should adopt an innovative response mechanism, also involving counter-presence in areas considered China’s traditional sphere of influence.

The primary value of the paper lies in the fact that it covers most of the key dimensions of bilateral ties that impair a stable relationship between India and China. A proper understanding of the dynamics underlying bilateral ties may help the policymakers, scholars and academics to suggest ways to reduce sources of tensions, while also helping the Indian Government to prepare effective countermeasures.

The purpose of this paper is to explore the motivations underpinning recent evolving corporate social and environmental reporting (CSER) among enterprises in China through the lenses of senior managers.

Using the interpretive tenets of engagement research, semi-structured in-depth interviews were adopted to explore the perceptions of senior managers from 21 large companies in various industries. The aim is to make sense of the emerging CSER phenomenon occurring in the field through engagement, observation and penetrating interviews.

The findings identify the main enablers driving CSER in China as: regulations and government influence; management awareness; benefits to company image; peer pressure/reporting by peers and public pressure on controversial companies. Guided by a system-based theoretical framework in terms of motivations for CSER, this study offers insights into the effectiveness of using widely adopted Western-based theoretical approaches in a Chinese context where companies operate against a different socio-economic, political, regulatory and cultural backdrop.

The deep-rooted face (Mianzi) culture has the potential to influence managers to portray a positive image about their companies and themselves.

This engagement-based study is one of the few initiatives exploring managerial perceptions of CSER in China that adds to the scant literature pertaining to rich “emic” data in accounting, encompassing cultural influence by applying systems-oriented theoretical framework. The stimulus for CSER identified are useful for regulators and organizations to better comprehend how to set effective policies that promote CSER and fit the distinctive institutional characteristics of China.