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This paper aims to analyse the role of government-led innovative knowledge management platforms in innovation knowledge management, social network effects and innovative resource clusters in the context of academician workstations in China. Specifically, this paper empirically studies the impact of academician workstations on corporate innovation capabilities and the mechanisms behind this impact.

This study uses the propensity matching score method and difference-in-differences method to test the relationship between academician workstations and corporate innovation capabilities. Baron and Kenny’s (1986) mediation method is used to test two potential mechanisms.

Academician workstations significantly improve corporate innovation capabilities because of their contribution to knowledge and innovation management. The facilitation effects are stronger in non-state-owned firms, high-tech firms and firms in industries with low levels of competition. Further, academician workstations enhance corporate innovation capabilities through their funding effect.

This paper encourages policymakers to create a better market environment and stable support policies to facilitate sustainable scientific and technological innovation.

To the best of authors’ knowledge, this study is among the first to empirically analyse the impacts of innovative knowledge management platforms on corporate innovation. It enriches the theoretical perspective of innovation platforms and provides an excellent research perspective for effectively analysing the impacts of innovation platforms. This study also contributes to the literature on the determinants of innovation.

The purpose of this paper is to investigate how disclosure quality affects the relation between chief executive officer (CEO) power and the variability of firm performance. Moreover, it also examines the impacts of ownership structure and disclosure quality on the relationship between CEO power and performance variability.

Empirical research was carried out.

It was found that: first, firms whose CEOs have more power will exhibit higher performance, but display more variability in firm performance. Second, disclosure quality can affect the relationship between CEO power and the variability of firm performance and more specifically, increase in disclosure quality reduces the performance variability caused by CEO power. Third, the effects of CEO power on the variability of firm performance are higher in state‐owned firms than in non‐state‐owned firms. Moreover, the effect of higher disclosure quality for lowering the variability of firm performance is stronger in state‐owned firms than in non‐state‐owned firms.

First, the authors find that when evaluating corporate governance practices, both firm performance and the variability of firm performance should be taken into account. Second, this paper fills the void in the extant literatures by demonstrating that CEO power, as well as disclosure quality, can affect firms' operational risk. Third, for firm owners, when firms are facing large uncertainty from institutional environment, a great trade‐off between firm performance and operational risk, when determining the degree of CEO power, will play an important role in corporate governance.

This paper complements the extant literatures by examining the impacts of CEO power to firm output from the dimensions of both firm performance and operational risk; and by examining the impacts of ownership structure and disclosure quality on the relationship between CEO power and performance variability.

The purpose of this study is to bring out the machining characteristics of abrasive jet machining on carbon fibre reinforced thermoplastic composites utilized in aerospace and biomedical applications. Biocompatibility materials such as carbon fibres and polyether thermoplastics, like polyether ether ketone (PEEK) are widely used in trauma and orthopaedic surgery. Due to the heterogeneity, layered construction of reinforcing phase bonds with a resin matrix and abrasiveness of the reinforcing fibre, traditional drilling of carbon fibre-reinforced composites (CFRPs) are always challenging task.

An investigation is carried out using abrasive jet machine for drilling PEEK filled with 30 Wt.% carbon fibre (CF 30) using threaded and unthreaded nozzle to study the effect of abrasive jet process variables on surface roughness (R_a) and delamination factor (D_F). Pressure (P) and stand-off distance (SOD) as important technological abrasive jet factors were evaluated. It is found that higher abrasive jet pressure and minimum SOD maybe selected to achieve minimum delamination.

The study further reported that the threaded nozzle minimized the surface roughness by 43% and delamination factor up to 12%.

This study of experimenting and observing the machining characteristics of CF30 by using a threaded nozzle is being tried for the first time and the results are deliberated.

The purpose of this paper is to develop the model of telemetry data processing flow (TDPF) for TDPF development and the TDPF run-time infrastructure to improve the spacecraft health monitoring capability.

This research tries to develop the TDPF by flow-based programming (FBP) method and the component-based telemetry data processing software.

The result from the case study is positive, thus reflecting the appropriateness of the suggested method.

Application of the proposed TDPF model and the component-based telemetry data processing software may result in improved development efficiency and less development costs.

This paper provides an effective way to develop TDPF without recompiling the software. It greatly facilitates the TDPF development that hopefully will save the TDPF development cost.

Independent directors are important corporate decision participants and makers. Based on the Chinese cultural background, this paper interprets the listing order of independent directors as independent directors’ status, exploring their influence on the corporate research and development (R&D) behavior.

This paper studies A-share listed firms in China from 2008 to 2018 as the sample. The main method is ordinary least square (OLS) regression. We also use other methods to deal with endogenous problems, such as the firm fixed effect method, change model method, two-stage instrumental variable method, and Heckman two-stage method.

(1) Higher independent directors’ status attribute to more effective exertion of supervision and consultation function, and positively enhance the corporate R&D investment. The increase of the independent director’ status by one standard deviation will increase the R&D investment by 4.6%. (2) The above effect is more influential in firms with stronger traditional culture atmosphere, higher information opacity and higher performance volatility. (3) High-status independent directors promote R&D investment by improving the scientificity of R&D evaluation and reducing information asymmetry. (4) The enhancing effect of independent director’ status on R&D investment is positively associated with the firm’s patent output and market value.

This paper contributes to understanding the relationship between the independent directors’ status and their duty execution from an embedded cultural background perspective. The findings of the study enlighten the improvement of corporate governance efficiency and the healthy development of the capital market.