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Article
Publication date: 9 January 2020

Xiaoyan Zeng, Pengcheng Shi and Wei Xie

This paper aims to reduce the confliction between different retail channels.

Abstract

Purpose

This paper aims to reduce the confliction between different retail channels.

Design/methodology/approach

By investigating a game-theoretic model consisting of a dominant hotel, a promoter and an OTA, the authors analyze the optimal amount of reserved rooms on the hotel's official website and realize the coordination between the hotel and the promoter with an appropriate contact.

Findings

When the gap between promoter’s reservation profits under different promotion cost coefficients is reasonable, complete coordination can be achieved in the supply chain. In addition, numerical examples are conducted to show that the profit of hotel and supply chain can be maximized with a moderate amount of reserved rooms on OTA.

Research limitations/implications

The authors only focus on one OTA scenarios, which overlooks the competition between OTAs.

Practical implications

Coordination strategy can fierce the increase on profit when the customer conversion rate increases.

Originality/value

The authors propose a contract menu to help the hotel avoid the profit loss under asymmetric promotion cost information.

Details

Nankai Business Review International, vol. 11 no. 3
Type: Research Article
ISSN: 2040-8749

Keywords

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Article
Publication date: 4 September 2017

Wei Xie, Tariq Ali, Qi Cui and Jikun Huang

The purpose of this paper is to examine the potential economic impacts of China’s insect-resistant GM maize and provide new evidence for decision making concerning its…

Abstract

Purpose

The purpose of this paper is to examine the potential economic impacts of China’s insect-resistant GM maize and provide new evidence for decision making concerning its commercialization.

Design/methodology/approach

This study uses data drawn from the production trials of insect-resistant GM maize and expert interviews to determine the impacts of commercializing GM maize at farm level under three scenarios with varying severity of insect pest attacks in maize production. Economic impacts are simulated using a modified Global Trade Analysis Project model.

Findings

In farm terms, insect-resistant GM maize increases crop yield and reduces both pesticide and labor inputs. In national terms, China can increase its GDP by USD8.6 billion and maize self-sufficiency by about 2 percent given normal insect pest attacks if China commercializes GM maize. Additional beneficiaries include consumers and the livestock industry. Non-maize crops can also benefit from land saving through GM maize commercialization. Chemical is a sector with the decrease in its output because demand for pesticides will fall.

Originality/value

Although China has announced a roadmap for commercializing GM crops for use as feed and in processing after nearly two decades of producing GM cotton, no clear timetable for producing GM maize as feed has been established due to several concerns, including the potential for economic gains from GM maize. This study is the first to assess the economic impacts of commercializing China’s GM maize. The findings should have significant policy implications for the development and commercialization of GM crops in general and GM maize in particular.

Details

China Agricultural Economic Review, vol. 9 no. 3
Type: Research Article
ISSN: 1756-137X

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Article
Publication date: 8 January 2018

Zhenpeng He, Wenqin Gong, Weisong Xie, Guichang Zhang and Zhenyu Hong

Piston ring dynamic problem plays an important role in the lubricant characteristics of a reciprocating engine, which lead to engine wear and the increased consumption of…

Abstract

Purpose

Piston ring dynamic problem plays an important role in the lubricant characteristics of a reciprocating engine, which lead to engine wear and the increased consumption of lubricating oil. A cavitation analysis of the piston ring lubrication with two-dimensional Reynolds equation has rarely been reported owing to the complex working condition. The purpose of this study is to establish a precise model that can provide guidance for the design of the piston ring.

Design/methodology/approach

In this paper, a cavitation model and its effect on the piston ring lubrication was studied in a simulation program based on the mass-conserving theory which is solved by means of the Newton–Raphson method. In this study, some models such as mixed lubrication, asperity contact, blow-by/blow-back flow and cavitation have been coupled with the lubrication model.

Findings

The established model has been compared with the traditional model that deals with cavitation by using the Reynolds boundary condition algorithm. The cavitation zone, pressure distribution and density distribution between the piston ring and the cylinder have also been predicted. Studies of the changing trend for the pressure distribution and the cavitation zone at few typical crank angles have been listed to illustrate the cavitation changing rule. The analysis of the results indicates that the developed simulation model can adequately illustrate the lubrication problem of the piston ring system. All the analyses will provide guidance for the oil film rupture and the reformation process.

Originality/value

A two-dimensional cavitation model based on the mass-conserving theory has been built. The cavitation-forming and -developing process for the piston ring–liner lubrication has been studied. Non-cavitation occurs in the vicinity of top dead center and bottom dead center. The non-cavitation period will be longer in the vicinity of 360° of crank angle. The density distribution in the cavitation zone can be obtained.

Details

Industrial Lubrication and Tribology, vol. 70 no. 1
Type: Research Article
ISSN: 0036-8792

Keywords

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Book part
Publication date: 14 December 2017

Panagiotis Theodorou

Several parameters set economic growth, and one of them is innovation. Thus, it is vital to realize the proper motives for a firm to innovate. The key actors in innovation…

Abstract

Several parameters set economic growth, and one of them is innovation. Thus, it is vital to realize the proper motives for a firm to innovate. The key actors in innovation systems – such as firms, research institutions, academia, and standards developing communities – affect knowledge ­creation, contribute to its diffusion and use, and set the global innovation capacity. Additionally, the market-driven and the worldwide open paradigm may aid to ensure stable and reliable integration, interactive abilities, and active collaborations to drive international innovation and its ­concepts forward. The World Trade Organization (WTO) is an international organization that assembles principles to produce such standards as mentioned above, so as to ensure a prosperous future globally. Global cooperation, openness, interaction, and the generation of motives for innovation are some of the principles that WTO embraces, and all of these are to benefit humanity from free market and trade growth, leading to triumph through innovation. Overall, this chapter examines the significant role of WTO in trade policy uncertainty and how innovation is ensured and stimulated by WTO regarding the specific case of the Chinese market.

Details

Global Opportunities for Entrepreneurial Growth: Coopetition and Knowledge Dynamics within and across Firms
Type: Book
ISBN: 978-1-78714-502-3

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Book part
Publication date: 12 November 2016

Ping He, Kun Wang and Xing Xiao

The goal of this paper is to investigate the relationship between government control and firm value in China.

Abstract

Purpose

The goal of this paper is to investigate the relationship between government control and firm value in China.

Design/methodology/approach

Government might extract social or political benefits from a state-controlled firm, thus decreases firm value. However, government’s monitoring on firm management reduces managers’ agency problem, which increases firm value. We first build a game-theoretic model to prove the existence of optimal government control given these two roles of government, and we then employ the OLS regression method to test the theory predictions using the length of intermediate ownership chains connecting the listed state-owned enterprises to their ultimate controllers as the measure of government control.

Findings

We find that firm values first increase then decrease as government control weakens. Moreover, we find that government usually retains a stronger control over state-owned enterprises than the optimal level. In addition, we show that government control can be further weakened in firms with good corporate governance mechanisms, which serve as a substitution of government monitoring.

Social implications

Our results demonstrate that government control in China is still a necessary but costly mechanism to mitigate agency costs, especially when corporate governance system is underdeveloped.

Originality/value

We identify the substitution effect between government control and corporate governance using a unique measure of government control.

Details

The Political Economy of Chinese Finance
Type: Book
ISBN: 978-1-78560-957-2

Keywords

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Article
Publication date: 6 August 2019

Peng Peng and Jiugen Wang

It is a challenging task to analysis oxide wear particles when they are stuck together with other types of wear particles in complex ferrography images. Hence, this paper…

Abstract

Purpose

It is a challenging task to analysis oxide wear particles when they are stuck together with other types of wear particles in complex ferrography images. Hence, this paper aims to propose a method of ferrography image segmentation to analysis oxide wear debris in complex ferrography images.

Design/methodology/approach

First, ferrography images are segmented with watershed transform. Then, two region merging rules are proposed to improve the initial segmentation results. Finally, the features of each particle are extracted to detect and assess the oxide wear particles.

Findings

The results show that the proposed method outperforms other methods of ferrography image segmentation, and the overlapping wear particles in complex ferrography images can be well separated. Moreover, the features of each separated wear particles can be easily extracted to analysis the oxide wear particles.

Practical implications

The proposed method provides a useful approach for the automatic detection and assessment of oxide wear particles in complex ferrography images.

Originality/value

The colours, edges and position information of wear debris are considered in the proposed method to improve the segmentation result. Moreover, the proposed method can not only detect oxide wear particles in ferrography images but also evaluate oxide wear severity in ferrography images.

Details

Industrial Lubrication and Tribology, vol. 71 no. 7
Type: Research Article
ISSN: 0036-8792

Keywords

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Article
Publication date: 3 August 2020

Chong Liu, Wanli Xie, Tongfei Lao, Yu-ting Yao and Jun Zhang

Gross domestic product (GDP) is an important indicator to measure a country's economic development. If the future development trend of a country's GDP can be accurately…

Abstract

Purpose

Gross domestic product (GDP) is an important indicator to measure a country's economic development. If the future development trend of a country's GDP can be accurately predicted, it will have a positive effect on the formulation and implementation of the country's future economic development policies. In order to explore the future development trend of China's GDP, the purpose of this paper is to establish a new grey forecasting model with time power term to forecast GDP.

Design/methodology/approach

Firstly, the shortcomings of the traditional grey prediction model with time power term are found out through analysis, and then the generalized grey prediction model with time power term is established (abbreviated as PTGM (1,1, α) model). Secondly, the PTGM (1,1, α) model is improved by linear interpolation method, and the optimized PTGM (1,1, α) model is established (abbreviated as OPTGM (1,1, α) model), and the parameters of the OPTGM (1,1, α) model are solved by the quantum genetic algorithm. Thirdly, the advantage of the OPTGM (1,1, α) model over the traditional grey models is illustrated by two real cases. Finally the OPTGM (1,1, α) model is used to predict China's GDP from 2020 to 2029.

Findings

The OPTGM (1,1, α) model is more suitable for predicting China's GDP than other grey prediction models.

Originality/value

A new grey prediction model with time power term is proposed.

Details

Grey Systems: Theory and Application, vol. 11 no. 3
Type: Research Article
ISSN: 2043-9377

Keywords

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Article
Publication date: 1 September 2006

Wei Xie and Steven White

This paper aims to consolidate prior research from policy and management domains to identify stages in China's technological learning within the imitation paradigm during…

Abstract

Purpose

This paper aims to consolidate prior research from policy and management domains to identify stages in China's technological learning within the imitation paradigm during 1949‐2001, focusing on changes in the government's strategic priorities and policies and the nature, mode and sources of technological learning, then to contrast the firm and institutional features that have emerged under the imitation paradigm with those defining the emerging creation paradigm. The analysis leads to clear implications for both policy and management for the Chinese firms to make this transition and compete in higher value‐added global industries.

Design/methodology/approach

An overview and conceptual paper based on observations and literature review.

Findings

This paper derives a parsimonious set of four dimensions to demarcate five stages in the evolution of China's technological learning: the government's strategic priority, nature of technology, the mode and the source of learning. It identifies six factors acting as significant impediments to Chinese firms' transition from imitation to creation.

Originality/value

In the first place, this paper provides managerial implications which are of great interest to Chinese practicing managers to manage their firms' transition from imitation to creation; second, the policy imperatives highlighted by this paper will help Chinese policymakers to design appropriate incentive mechanisms to enable Chinese firms to build up their competitiveness within the creation paradigm and thereby become global competitors. Meanwhile, this paper provides a systematic analysis on the evolution of China's technology development. This five stage‐based framework will help practicing managers in China understand whether, which and when Chinese firms can make the transition necessary to compete based on the creation of proprietary resources and capabilities.

Details

Journal of Technology Management in China, vol. 1 no. 3
Type: Research Article
ISSN: 1746-8779

Keywords

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Article
Publication date: 30 May 2008

Wei Xie and Richard Li‐Hua

The purpose of this paper is to examine the rise and the fall of China's local handset manufacturers, to explore the issue of how learning strategies of latecomers evolve…

Abstract

Purpose

The purpose of this paper is to examine the rise and the fall of China's local handset manufacturers, to explore the issue of how learning strategies of latecomers evolve in relation to changing environmental features and their own technology accumulation.

Design/methodology/approach

The paper employs a case study approach.

Findings

As latecomers approach technology frontiers, learning strategies need to change timely. After latecomers gain their initial foothold in the domestic market, R&D and innovation capabilities become vital for maintaining their margins and sustaining their growth. This paper illustrates that latecomers should use the relatively strong case flow for their long‐term efforts on innovative capability building, which were generated from their initial market success.

Originality/value

This paper provides a systematic analysis on the rise and the fall of China's local handset manufacturers, less addressed by previous studies. This paper has following contributions: it identifies factors contributing to the rise and the fall of China's local handset manufacturers. These findings will act as an effective checklist for Chinese managers to design competitive strategies against multinationals. Second, it identifies that distribution channels can act as a source of competitive advantages for latecomers to compensate for their technology disadvantages at early stage. It is less addressed by previous studies in the field of technological learning. This finding may be of interest to managers in large catching‐up countries with home market advantages such as India, Brazil, Mexico and Indonesia.

Details

Journal of Technology Management in China, vol. 3 no. 2
Type: Research Article
ISSN: 1746-8779

Keywords

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Article
Publication date: 1 January 2009

Wei Xie and Richard Li‐Hua

“China phenomena” is changing the knowledge balance of the world. Many countries, in particular, Western countries, are carefully following the development and change of…

Abstract

Purpose

“China phenomena” is changing the knowledge balance of the world. Many countries, in particular, Western countries, are carefully following the development and change of China's technology system and innovation policy. After turning itself into the world's manufacturing powerhouse, China aims to be an innovation‐oriented country. The purpose of this paper is to list some of the key factors which favor or hinder China's efforts to build an innovative economy.

Design/methodology/approach

The paper lists some of the key factors, which favor or hinder China's efforts to build an innovation‐oriented country. The factors identified are summarized from a literature review on studies about China's efforts to build innovation capabilities.

Findings

The paper finds that three key factors favor China's efforts to build an innovation‐oriented country, including escalating R&D spending, the upgrading of technological capabilities and global linkages. Four central challenges are facing China, such as how to build human resources, innovative cultures and incentive systems appropriate for innovation and how to strength intellectual property rights protection.

Originality/value

Today, China is, by and large, a follower rather than an innovator in technology. The question whether China will become a real innovative economy in the next 13 years is hard to answer. This paper lists some of the key factors which favor or hinder China's effort to build an innovation‐oriented economy, all of which should be of interest to China's scholars, government officials and practicing managers.

Details

Journal of Knowledge-based Innovation in China, vol. 1 no. 1
Type: Research Article
ISSN: 1756-1418

Keywords

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