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1 – 10 of 199Jie Meng and Fenghua Wu
As a crucial institutional form established since the Chinese economic reform, the system of competitive local governments has been shaping the characteristics of China's…
Abstract
Purpose
As a crucial institutional form established since the Chinese economic reform, the system of competitive local governments has been shaping the characteristics of China's socialist market economy to a considerable degree.
Design/methodology/approach
This study not only adopts the view of existing studies that attribute the economic motive of local governments to rent and consider land public finance as a means through which local governments carry out strategic investment but also attempts to further develop the view within a Marxist analytical framework.
Findings
As a result, the local governments have helped to maintain an incredibly high investment rate over a considerable period of time, facilitating the continuous, rapid growth of the Chinese economy.
Originality/value
This study concludes that China's local governments function as the productive allocator and user of rent in the strategic investment based on land public finance and thereby embed themselves in the relative surplus-value production initially arising from competition amongst enterprises, forming the dual structure of relative surplus-value production unique to China's economy.
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This paper aims to quantify the quality of peer reviews, evaluate them from different perspectives and develop a model to predict the review quality. In addition, this paper…
Abstract
Purpose
This paper aims to quantify the quality of peer reviews, evaluate them from different perspectives and develop a model to predict the review quality. In addition, this paper investigates effective features to distinguish the reviews' quality.
Design/methodology/approach
First, a fine-grained data set including peer review data, citations and review conformity scores was constructed. Second, metrics were proposed to evaluate the quality of peer reviews from three aspects. Third, five categories of features were proposed in terms of reviews, submissions and responses using natural language processing (NLP) techniques. Finally, different machine learning models were applied to predict the review quality, and feature analysis was performed to understand effective features.
Findings
The analysis results revealed that reviewers become more conservative and the review quality becomes worse over time in terms of these indicators. Among the three models, random forest model achieves the best performance on all three tasks. Sentiment polarity, review length, response length and readability are important factors that distinguish peer reviews’ quality, which can help meta-reviewers value more worthy reviews when making final decisions.
Originality/value
This study provides a new perspective for assessing review quality. Another originality of the research lies in the proposal of a novelty task that predict review quality. To address this task, a novel model was proposed which incorporated various of feature sets, thereby deepening the understanding of peer reviews.
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This article tries to introduce product innovation into Marxist theory of capital accumulation. Although in Grundrisse Marx has already foreseen the importance of product…
Abstract
This article tries to introduce product innovation into Marxist theory of capital accumulation. Although in Grundrisse Marx has already foreseen the importance of product innovation in overcoming the limits to capital originated from the production of relative surplus value, mainstream Marxist theories of capital accumulation have up till now made few endeavours to envisage this problem. It is argued in this chapter that to introduce product innovation into Marxist theory of accumulation depends on a reconstruction of the fundamental contradictions in capital accumulation, that is the contradiction between production of surplus value and realisation of surplus value, combined with the contradiction between exchange value and use value as the driving force in its development. The production of relative surplus value based on process innovation and consequent productivity enhancement, given any specific use value, will lead to overproduction, that is the intensification of those fundamental contradictions in accumulation, which nevertheless could be mitigated by introducing product innovation. In evaluating critically the contribution by Mandel in his long waves theory, we further argue, following the lead of neo-Schumpeterians, that there is a possibility for radical product innovations to be at least semi-endogenously induced in capital accumulation, and thus paving the way for a long boom of capitalism.
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Competition and cooperation co‐exist in various sub‐fields of organizational strategies, while a research gap remains in the links between how managers perceive their cognitive…
Abstract
Purpose
Competition and cooperation co‐exist in various sub‐fields of organizational strategies, while a research gap remains in the links between how managers perceive their cognitive relations with rival partners and how they choose a strategy. The purpose of this paper is to investigate how different focuses of competition and cooperation are put in core and supportive strategic importance based on business manager's individual perception toward a particular rivalling cognition.
Design/methodology/approach
A conceptual model is developed composed by several hypotheses. An empirical study is conducted by analysing data collected from 89 pharmacies, including public hospital pharmacies and community service, private chain retailing pharmacy, and independent pharmacies, out of hundreds of outlets in a capital city in China to test hypotheses. By using factor analysis and correlation analysis, several hypotheses are supported in linking competitive cognition with either core marketing strategies or supportive marketing strategies.
Findings
Observational results indicate that large and small pharmacies, motivated by relational perceptions among competitors, tend to rely selectively on some strategic tools of competition and cooperation in terms of their different business nature.
Practical implications
These results are valuable for business managers in the healthcare industry, enabling them to rethink their relations with strategic partners and their strategies.
Originality/value
The paper's findings enrich understanding of how a competing environment influences strategic orientation of competition and cooperation under a collaborative marketing framework.
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