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1 – 10 of over 50000Yuanyuan Yu, Zhiqiao Ma, Hao Hu and Yitao Wang
ā The purpose of this paper is to study how local government policy influences the structure of Chinese pharmaceutical clusters during their industrial catch-up.
Abstract
Purpose
The purpose of this paper is to study how local government policy influences the structure of Chinese pharmaceutical clusters during their industrial catch-up.
Design/methodology/approach
This paper applies a case study method by targeting pharmaceutical clusters in Tonghua, Taizhou, and Tianjin.
Findings
The varied structures of pharmaceutical clusters in China demonstrate local governments' efforts to utilize local resources accordingly. While the local governments in China introduce different policies to firms with different ownership in the process of constructing different cluster composition, all the local governments emphasize motivating the development of small- and middle-sized enterprises for cluster dynamics.
Practical implications
The local governments should try to reach a balance between short-term foundation and long-term competitiveness for industrial cluster development.
Originality/value
This paper provides the detailed analysis of local governments' influences on the formation of pharmaceutical clusters in China and helps to enrich the knowledge about how local government promotes industrial clusters to realize industrial catch-up through sectoral innovation system.
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Considers the development of local supply chains in the Republic of Kazakhstan. The reconstruction of supply chains, torn apart by the collapse of central planning, is a very…
Abstract
Considers the development of local supply chains in the Republic of Kazakhstan. The reconstruction of supply chains, torn apart by the collapse of central planning, is a very important task for national economic recovery in all the transition economies but, as Western experience shows, it could be especially germane to economic development at the local and regional level. Using the results of research carried out in Kazakhstan during late 1995 and 1996, we outline the local supply chains which are beginning to emerge and attitudes towards them. The case is made for increased local policy intervention to promote local supply chain development in Kazakhstan and, by implication, elsewhere in the transition economies.
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Abstract
Purpose
This study aims to answer few questions, such as which factors influence the local governmentās choice of private firm investments; what factors influence private firmsā choice of specific local government to make a local investment; and why do some private firms gain a competitive edge by choosing a stakeholder management model of ārunning the governmentā in the context of the Chinese transition economy.
Design/methodology/approach
Using a case study approach, this paper provides an in-depth analysis of the DaqingāGeely Case, 2010, and explains why Geely chose Daqing considering the firm perspective and why the Daqing city Government chose Geely considering the local governmentsā perspective.
Findings
This study highlights the concept of āco-beneficialā cooperation between governmentābusiness by virtue of the institutional innovation of the quasi-property system. In addition, it reveals that the private firms and local governments in the āDaqingāGeely modeā work together for mutual benefits by putting fair negotiation and contract mechanisms in place. Resultantly, private firms secure the commercial interests, and the local governments bring in improved efficiency.
Originality/value
This study consolidates the theory of stakeholders, thereby strengthening the current understanding of āspecial offerā and āuniversal offer.ā
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Jinyu Yang, Bin Liu and Lihua Yuan
This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal…
Abstract
Purpose
This paper comes to the point from the tax competition of local government in investment promotion and capital introduction. This paper aims to empirically examine the internal mechanism of enterprises obtaining land resources from local government and its resulting equity investment increase and economic consequences of overinvestment.
Design/methodology/approach
The data of Chinaās A-share listed companies from 2007 to 2014 were used to test the relationship between the increase in enterprise equity investment and the acquisition of land resources and overinvestment. The descriptive statistics, correlation analysis and least squares linear regression were used to solve the above question.
Findings
One of the reasons for the enterprise equity increase is to obtain scarce land resources. The enterprise acquisition for land resources leads to overinvestment. The equity investment increase from obtaining land resources will further stimulate enterprise group to overinvest.
Research limitations/implications
The authors could not get the actual data of land that subsidiaries have obtained directly. In this research, the authors get the data using consolidated statements and subsidiary statements indirectly.
Practical implications
The results make contributions to the influencing factors and economic consequence of the enterprise investment structural deviation.
Social implications
It provides reference to optimize the āinteractionā relationship between government and enterprises.
Originality/value
It identified the ādual-channelā conduction mechanism between land resource acquisition and enterprise overinvestment.
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Michael Hanley and Bill O'Gorman
Small businesses and microāenterprises provide more than 75 per cent of all private sector employment in most countries. In today's environment where large urban areas are more…
Abstract
Small businesses and microāenterprises provide more than 75 per cent of all private sector employment in most countries. In today's environment where large urban areas are more attractive to young people and multinational employers, microāenterprise support has become a very important element of both industrial and regional policy, especially in Ireland. However the development of support policies for small businesses is not new and has been evolving over the last 30 years, but up to the early 1990s no support structure policies existed for microāenterprises. This research involves an assessment of Ireland's current government microāenterprise policies and their effects on entrepreneurs and the growth of their businesses at a local level. The research endeavours to establish if government policy in the microābusiness sector is meeting the objectives of government, if it is satisfying the requirements of the entrepreneurs, i.e. promoters of microāenterprises at local level, and to understand what are the effects of local interpretation of government policy on entrepreneurs and their businesses.
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Allan A. Gibb and Henry Durowse
The support for local initiatives by large organisations has become substantially institutionalised in the UK through Business in the Community. How much further it will go, and…
Abstract
The support for local initiatives by large organisations has become substantially institutionalised in the UK through Business in the Community. How much further it will go, and how much it will be supported by government, is the subject of debate and conjecture. An overview of how large firms support small and medium enterprise development ā the motivations and how they are changing ā is provided. The problems in evaluation and a case study of Shell UK Ltd are provided, and future directions, possible shifts and influences are considered.
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This paper aims to analyze the impact of the degree of local government decision-making competition on the optimal investment amount, investment location and investment failure of…
Abstract
Purpose
This paper aims to analyze the impact of the degree of local government decision-making competition on the optimal investment amount, investment location and investment failure of innovative investment enterprise under multiple risk appetite type of innovative investment enterprise. This paper also points out three regulation paths that central government could use to avoid the influence of local government decision-making competition on the validity of enterprise innovation investment (EII).
Design/methodology/approach
Based on analysis frame of government competition about unitary government states, this paper builds duopoly decision model to analyze influence of local government decision-making competition on EII. Considering information asymmetry and multiple risk appetite type of decision-maker, this paper analyzes influence of local government decision-making competition on location selection, the optimal investment amount, identification of investment failure and exit mechanism of EII according to different relationship between reference points of local government decision-making competition and EII.
Finding
The optimal investment amount of EII has positive correlation with risk appetite type of decision-maker, local government decision-making competition. Identification of investment failure and exit are divided into three phases. The boundary conditions are directly related to risk appetite type and amount of local government subsidy. Regional factor endowment and degree of preferential policy are main factors attracting enterprise investment. Local governments should analyze the interests of EII. There are three paths to avoid vicious competition among local governments: unified planning, revising of audit index, increasing penalties for failure of policies.
Originality/value
With rapid development of China's new urbanization process, urban economy has become an important carrier of economic development. Attracting foreign direct investment is an important measure to promote urban economic growth, and EII is the most important one. However new urbanization would lead to local government decision-making competition and then influence EII. Through analyzing influence of local government decision-making competition on EII, theory guidance could be provided to decision makers of innovation investment.
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Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and eācommerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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Jing Peng, Guoping Tu, Yanhong Liu, Hao Zhang and Bibing Leng
The purpose of this paper is to provide a feasible scheme for local governments to regulate corporate environmental data fraud and to discuss whether the influence of the…
Abstract
Purpose
The purpose of this paper is to provide a feasible scheme for local governments to regulate corporate environmental data fraud and to discuss whether the influence of the construction of online information disclosure platform on the environmental behavior of enterprises is better than the offline spot check.
Design/methodology/approach
Under the background of changing environmental fees into taxes in China, this paper conducts evolutionary game analysis between local governments and enterprises in view of the existing problem of environmental data fraud. Furthermore, through the introduction of government information disclosure platform, this paper discusses the impact of the integration of direct government regulation and indirect public concern regulation on the evolution of environmental behavior of both sides. Finally, the evolutionary game is simulated by adopting system dynamics to analyses the implementation effect of different cases on the game process and game equilibrium.
Findings
The results showed that the introduction of information disclosure platform mechanism can effectively suppress the fluctuations existing in the game play and stabilize the game. Moreover, it is worth noting that the regulatory effect of local governments investing part of the monitoring cost in the construction of online information platform is proved to be better than that of putting all the monitoring cost into offline investigation. While optimizing the monitoring cost allocation, the local government still needs to attach great importance to organically combine the attention of the public and media with the governmental official platform.
Practical implications
The obtained results confirm that the proposed model can assist local government in refining the effects of their environmental regulatory decisions, especially in the case of corporate data fraud under environmental tax enforcement.
Originality/value
Previous literature only suggested that local governments should reduce the cost of supervision to change the corporate behavior to a better direction, but no further in-depth study. Thus, this study fills the gap by discussing the positive transformation effect of local government cost allocation scheme on corporate environmental behavior.
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Qiang Li, Wenjuan Ruan, Wenjie Shao and Guoliang Huang
The purpose of this paper is to analyze the demands of the core stakeholders and how these stakeholders drive the information disclosure behaviors of the enterprise and local…
Abstract
Purpose
The purpose of this paper is to analyze the demands of the core stakeholders and how these stakeholders drive the information disclosure behaviors of the enterprise and local government.
Design/methodology/approach
Content analysis was conducted. The authors collected and analyzed information disclosure laws and regulations regarding environmental emergencies in China, as well as related media reports and official accident investigation report about the oil pipeline leakage and explosion accident in City Q. The authors divided the whole process of the accident into four stages, i.e., the prodromal stage, acute stage, chronic stage, and resolution stage, and then analyzed the different demands of stakeholders and the different information disclosure behaviors of the enterprise and local government during these four stages.
Findings
During the environmental emergency, the enterprise and local government exhibited information disclosure behaviors for their own benefits. There was severe information asymmetry between the enterprise and local government. Local government acted more positively in terms of information disclosure than the enterprise due to the demands of stakeholders. There were significant differences between the driving effects of different stakeholders. The effects of central government and local communities were the strongest, followed by news media and environmental organizations, whereas general public had the weakest impact. In addition, the effects of stakeholders on the information disclosure varied throughout different stages.
Originality/value
This paper considered a Chinese typical case study, thereby providing details of information disclosure behaviors of the enterprise and local government during an environmental emergency, and making comparative analysis on the driving effects on information disclosure by different stakeholders.
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