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Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

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Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

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Article
Publication date: 12 April 2019

Wu Chen and Yanping Li

The purpose of this paper is to systematically review the evolution, characteristics, motivations, entry patterns, organizational structure and effectiveness of the…

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1502

Abstract

Purpose

The purpose of this paper is to systematically review the evolution, characteristics, motivations, entry patterns, organizational structure and effectiveness of the internationalization of Chinese research institutions in the past 40 years of reform and opening-up.

Design/methodology/approach

This paper describes the evolution and practice of Chinese research institutions “going out” by constructing a theoretical framework diagram and uses official statistics and existing research to explain the authors’ points.

Findings

The research results show that the internationalization of research institutions has undergone four phases: sprout period, starting period, adjustment period and accelerating period. It shows a rapid growth of investment scale, diversification of investment entities, rich and varied forms, and transition to major countries along the “One Belt and One Road.” Expanding the international market, tracking and acquiring technological frontiers, nurturing domestic R&D talents, and evading the risks of political, economic, cultural and scientific differences between home and host countries are the main motivations for Chinese research institutions to “go global.” Multinational corporations have entered the host country with modes such as M&A, greenfield investment and joint R&D alliances in their own strengths and also presented a variety of organizational structures such as integrated R&D networks.

Originality/value

This paper systematically summarizes the internationalized experience model of research institutions with Chinese characteristics since the reform and opening-up. From the perspective of internationalization model transformation, policy integration and cooperation among emerging economies, it presents the opportunities and challenges faced by the research institutions in the process of internationalization and provides a theoretical basis for improving the internationalization ability of research institutions.

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Journal of Industry-University Collaboration, vol. 1 no. 1
Type: Research Article
ISSN: 2631-357X

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

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Article
Publication date: 1 September 2016

Shining Zhang

With the development of economy and the progress of science and technology, the function of Luoyang city is constantly enriched and expanded. The city is no longer a…

Abstract

With the development of economy and the progress of science and technology, the function of Luoyang city is constantly enriched and expanded. The city is no longer a simple area for people to live in. The function structure of the city is affected by the external factors and is constantly expanding. Urban logistics is one of the important influencing factors. To more comprehensively and accurately understand the status and role of logistics network space in urban planning, the characteristics and development law of urban logistics structure from the theoretical point of view are analyzed in this paper with Luoyang City as the research background. The city logistics function is determined as one of the main factors affecting the economic growth of the city is determined through the literature search method, consulting professionals and other research methods. Urban road planning and design are the focus of the study; the planning and development of urban logistics road network in Luoyang City are compared and analyzed. In full consideration of the necessity of the optimization of the urban logistics network space, the preliminary optimization scheme design and suggestion of Luoyang logistics is introduced. At the end of this paper, the sustainable development and the status of the future urban logistics function are analyzed and prospected. Continuous research and analysis of multiple subjects and angles are still needed.

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Open House International, vol. 41 no. 3
Type: Research Article
ISSN: 0168-2601

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Article
Publication date: 18 July 2011

Ruth Rios‐Morales, Mohamed Ramady and Louis Brennan

The purpose of this paper is to analyze the role of sovereign wealth funds (SWFs) in sustaining global economies. The subject of SWFs has increasingly garnered the…

Abstract

Purpose

The purpose of this paper is to analyze the role of sovereign wealth funds (SWFs) in sustaining global economies. The subject of SWFs has increasingly garnered the concerns of policymakers, market players and scholars for two main reasons: First, these funds represent the largest concentration of capital that the world has ever known, with the Arabian Gulf SWFs becoming increasingly important global players, especially during the most recent financial crises. Second, there is the dominant role of national governments in the management of these colossal funds. This paper assesses the contrasting perspectives on SWFs and analyzes the role they can play in sustaining the global economy by engaging in foreign direct investment.

Design/methodology/approach

Both descriptive analysis and comparative analysis are used.

Findings

SWFs are large and tend to be long‐term investors and have characteristics that are compatible with foreign direct investment (FDI). There is a role for them in sustaining the global economy via FDI. This analysis suggests that only 11 percent of SWFs' investment in FDI is needed in order to counteract the forecast decline of FDI. Initiatives such as the recently established Santiago principles can help to allay the concerns of host and investor nations. This paper concludes that SWFs should be welcomed by market players and policy makers as tools of economic growth.

Practical implications

Current trends indicate that SWFs are playing an important role as a source of foreign investment, and are also reducing the impact of liquidity pressures in the international banking system. The main driving force of their investing in the global market is in securing higher returns. However, there has been unease among Western countries that have concerns that governments could use SWFs to seize control of strategic companies in sensitive sectors, for their own purposes.

Originality/value

The paper assesses the potential contribution of SWFs to FDI and highlights aspects related to fostering a code of conduct that can allay concerns around areas such as transparency, and the extent to which restrictions should be imposed by host governments.

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Article
Publication date: 12 October 2010

Diao Xundi, Shen Liyin, Zeng Saixing, Ochoa Jose Jorge and Zhang Xiaoling

This paper aims to explain the current state of energy consumption and economic development in Beijing's construction industry and identify the relationship between the…

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1102

Abstract

Purpose

This paper aims to explain the current state of energy consumption and economic development in Beijing's construction industry and identify the relationship between the two systems so as to supply decision support for the future.

Design/methodology/approach

This paper presents a design of a coordinated development model based on the theory of synergetics. The focus of the paper is on how to integrate energy consumption indices and economic development indices to determine coordinated development indices in a relevant and useful manner. While analyzing energy composite consumption and economic composite development, respectively, all the variables normalized are eliminated inter‐correlated characteristics by making use of principal component analysis (PCA).

Findings

Beijing's construction development is experiencing the transition from economic development hysteresis to energy consumption hysteresis. The higher coordinated development degree is predicting the energy‐economy system is trending to stability in Beijing's construction industry which does not necessarily mean a perfect development trend but an upper limit of the increasing rate in energy consumption. Thus, or at least maintaining the current economic development and energy utilization policy, production specifications, or using new technology, new method and economic policy to stimulate the economic development, or more attention from all the stakeholders being paid to saving more energy than before, will be still priority considerations for Beijing's construction industry in the following years.

Originality/value

The paper proposes an original framework for examining the relationship between energy consumption and economic development in construction industry. The framework is also capable of identifying if the growth rate in energy consumption goes beyond the upper limit.

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Journal of Engineering, Design and Technology, vol. 8 no. 3
Type: Research Article
ISSN: 1726-0531

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Energy Economics
Type: Book
ISBN: 978-1-83867-294-2

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Article
Publication date: 29 August 2008

S.X. Zeng, X.M. Xie, C.M. Tam and T.W. Wan

The purpose of this research is to identify the competitive priorities of the manufacturing firms in their internationalization efforts.

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2052

Abstract

Purpose

The purpose of this research is to identify the competitive priorities of the manufacturing firms in their internationalization efforts.

Design/methodology/approach

A structured questionnaire survey is conducted involving 569 manufacturing firms in China. The competitive priority in internationalization efforts is gauged by combining the degree of emphasis of manufacturing firms on a certain factor over the past three years and the level of improvement of the factor into an index.

Findings

It is found that “technology level”, “cost control”, and “brand consciousness” are the top three most important factors affecting the competitiveness of internationalization of manufacturing in China. The three bottlenecked factors that impede internationalization include “Internationalization business experience”, “Financing capacity” and “Senior managers with management know‐how”.

Practical implications

With the rapid development of economy globalization, firms in the Chinese manufacturing sector have begun the process of internationalization. As these young firms venture into the foreign markets, they may face some uncertainty and risks which entail a process of learning and adaptation. It is hoped that the empirical findings can shed some insight for improving the process of internationalization of the manufacturing sector.

Originality/value

There is a paucity of internationalization efforts from manufacturing firms in developing countries. By examining the competitive priority of the Chinese manufacturing firms, this study can enrich the body of knowledge on internationalization of manufacturing firms in developing countries.

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Measuring Business Excellence, vol. 12 no. 3
Type: Research Article
ISSN: 1368-3047

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Article
Publication date: 1 October 2002

Georgios I. Zekos

Presents an updated version of a paper given by the author at an international conference in Athens 2000. Briefly outlines the development of the internet and e‐commerce…

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1478

Abstract

Presents an updated version of a paper given by the author at an international conference in Athens 2000. Briefly outlines the development of the internet and e‐commerce and the effect of globalization. Considers the potential for the EU to standardize rules and advance its economic integration agenda. Looks at present EU laws in this area. Covers the unicitral model law on electronic commerce, its merits and its problems. Discusses personal jurisdiction under traditional rules and cyberspace transactions. Concludes that existing legislation must be re‐evaluated in the light of technological advances, the need for a more mobile kind of legal person and the worldwide nature of transactions across territorial boundaries, paperless contracts and digital signatures and the use of self‐regulation are also covered.

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Managerial Law, vol. 44 no. 5
Type: Research Article
ISSN: 0309-0558

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