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Current Issue

  • R&D Intensity, Patent Behavior and Enterprise Performance —Empirical Study on Shenzhen Intellectual Property Advantages/Demonstration Enterprises
  • 2019 Vol. 37 (7): 1153-1163.
  • Abstract ( )
  • Under the constraints of external policy and internal resource, whether the patent behaviors of Chinese enterprises exist the phenomenon of dissimilation that deviate from original intention of technological innovation and market competition? Does the company's capability to create, utilize and protect patents really helps the improvement of competitiveness? This is a common concern of academics, governments and businesses in the last decade. This paper makes an empirical analysis on the relationship between the R&D intensity and patent application motivation, as well as the patent ability and the enterprise performance by using 219 intellectual property advantages/demonstration enterprises of Shenzhen as the full samples. Research results show that, in sample enterprises, the R&D intensity positively affects application motivation of patents which are higher degree related to technological innovation. The patent capability, on the whole, has a significant positive impact on enterprise performance. However, there are significant differences in the impacts of patent creation capability, utilization capability and protection capability on enterprise performance, which reveals that current patent policy needs to be adjusted accordingly.
  • Measuring the Relationships between Firm’s Tobin’s q Value and Multi-dimension Indicators of Patent Quality
  • 2019 Vol. 37 (7): 1164-1173.
  • Abstract ( )
  • In the past decades, China had become the biggest countries on annual patent application, and further improve the patent quality also becomes one of key issues for strategic management, innovation management and public policy etc. To further measure the relationships between patent quality and firm’s market value, the indicators for patent quality are overviewed and refined to form a novel framework, which can protrude the hidden relevance. Beside the hypotheses and theoretical model for measuring the latent relations between patent quality and Tobin’s q value, an empirical case on China’s telecommunication device industry is conducted to illustrate the theoretical inferences, and over 40 thousand open patents and more than 20 thousand authorized patents are involved. Based on the reasoning and empirical analysis, some new conclusions and possible implications for policy-making and strategy of intellectual property are discussed.
  • An empirical study on the influence of the copyright protection intensity on the development performance of cultural industry
  • 2019 Vol. 37 (7): 1174-1182.
  • Abstract ( )
  • It is very important for us to study whether or how large extent will copyright protection can promote increasement of development performance of the cultural industry. This paper constructs an index system of copyright protection intensity, and measures the copyright protection intensity coefficient, analyses the relationship between the copyright protection intensity and the cultural industry with the linear regression method based on relevant data during 2000-2015 in China. The results show that the intensity of copyright protection in China is increasing, and the relationship between the added value of cultural industry and the intensity of copyright protection is "U" type. The "U" type inflection point appears on the node with the intensity of copyright protection of 2.945, which belongs to the period of 2003-2004. The number of employees in cultural industry, the index of human development and the development performance of cultural industry are positively correlated, while the Internet penetration rates has no significant impacts on the added value of cultural industry. Enhancing copyright protection in the future will promote the development performance of cultural industry.
  • "Talent Snatch War" in City Is Beneficial to Shift in Driving Forces In areas?: Multiple agglomeration effect base on hypothesis of Williamson
  • 2019 Vol. 37 (7): 1220-1230.
  • Abstract ( )
  • Abstract: In recent years, several cities in China have been carrying out the "talent snatch war". But this “war” which is inclined to the level of quantity can not be suitable from the perspective of shifting in driving forces. Firstly, this paper uses the panel-data model to find a significant nonlinear relationship between high-tech and traditional industrial agglomeration in the national sample, Eastern, central and western regions, namely, the hypothesis of Williamson. Secondly, combined with generalized quantile regression (GQR), we find that there exists optimal quantile structure of talents in eastern, central and western regions, and the cities with the best loci are beneficial to shift between new and old kinetic energy. Finally, the optimal locus structure is used to set the locus interval of high, middle and low gear positions to evaluate the talent policies of major cities which participating in the "talent snatch war". In recent years, the agglomeration of R&D talents has gradually increased in that cities, but the structure of the agglomeration has been destroyed. The agglomeration of R&D talents deviated from the optimal structural in related cities belonged to eastern and western regions, which is not benefit to shift in driving force in regions. The findings show that the city "snatching war" is not only stressing on the quantity level of talents, but also to match the structure of regional talent agglomeration. It is essential to absorb or release high-level talents to shift in driving force according to the optimal site.
  • Innovation Research of Development Mode of Technology Transfer Service Organization----Based on the Perspective of Boundary Organization
  • 2019 Vol. 37 (7): 1231-1237.
  • Abstract ( )
  • As early as 2014, China has become the largest country in patent applications, but how to convert scientific and technological achievements into effective productivity has not been effectively resolved. Because of the differences between science and market in the pursuit of goals, value orientation and other aspects, there is a clear boundary between the two social boundaries of science and market. Thus, it is difficult for the technology transfer, which communicates the two social boundaries, to proceed smoothly, spontaneously and effectively. In order to blur the boundary between science and market and solve all kinds of problems in technology transfer, new mechanism design is needed. Through the study of technology transfer and boundary organization, it is found that 1 the theory and concept of boundary organization can be extended to the field of technology transfer, and the barrier brought by boundary phenomenon in technology transfer can be made up by the characteristics of boundary organization. In the case of having a theoretical basis, it proposes a new development direction for the existing technology transfer service institutions. 2. Summing up the problems existing in the existing technology transfer service agencies, it is found that most of the technology transfer service agencies in our country still belong to "crossing the river by feeling the stones", and the conditions for technology transfer service agencies to become border organizations are put forward in this paper. It gives the technology transfer service organization a development path with a theoretical basis, and has a significant role in promoting the future development of technology transfer institutions.
  • Cross-industry Upgrading,Strategy Transformation and Organization Response--A Case Study Based on ShenZhen DaShi
  • 2019 Vol. 37 (7): 1238-1248.
  • Abstract ( )
  • The cross-industrial upgrading of emerging market economies is becoming the focus of business and academia. Through literature review, this paper constructs an integrated analytical framework for cross-industry upgrading, strategic transformation and organizational response, and analyzes the process and mechanism of cross-industrial strategic transformation as well as the strategic response behavior of organizational structure. In the case of Shenzhen DaShi, this paper reveals the interactive process of "Chandler's Structure follows strategy" and its impact on enterprise competitiveness and upgrade performance. It is found that dynamically adjusting the organizational structure to adapt to the complexity of management decisions brought by cross-industry and cross-regional transformation strategies is the key to the successful transformation of DaShi. Industry and regional cross type of management system improves the response speed of enterprise to customer (market) and operational efficiency, which has laid an organization foundation for the advancement of the status in value chain and the rapid growth of revenue. This paper tentatively puts forward a system framework for the improvement of organizational responsiveness and the successful realization of cross-industry strategic transformation of local enterprises in emerging economies. The rapid change of market demand and technology integration in emerging economies leads to the gradual transformation of enterprise strategy, and the organizational structure response is dynamically adjusted. "Progressive strategic transformation and dynamic organizational structure response" mode has become an important feature of the enterprise's cross-industry transformation in emerging economies, which is helpful for understanding the phenomenon of cross industry upgrading in emerging economies, opening up "strategic transformation and organizational response to black boxes", and further enriches the cross-industrial upgrading theory and "Chandler's Structure follows strategy".
  • Study on the impact of Accounting Conservatism on Enterprise R&D Investment --An Empirical Analysis Based on the Strategic Emering Industries of China
  • 2019 Vol. 37 (7): 1258-1267.
  • Abstract ( )
  • As an important support for technological innovation, the level of investment in enterprise R&D will determine the level of industrial technological innovation. Taking strategic emerging industrial enterprises as research samples and based on information asymmetry theory, signal transmission theory and financing optimization theory, the conceptual model of "accounting conservatism -- financing constraint -- enterprise R&D investment" was constructed, and the influence of accounting conservatism on enterprise R&D investment was studied by taking equity structure as adjustment variable.The study found that: accounting conservatism has positive influence on enterprise R&D investment; Financing constraint plays a part of intermediary role between accounting conservatism and enterprise R&D investment, that is, accounting conservatism influences enterprise R&D investment by alleviating the restriction on enterprise financing; In the process of accounting conservatism influences enterprise R&D investment, equity structure can play a regulatory role, in particular, nature of equity and equity balance degree can adjust the relationship between financing constraints and enterprise R&D investment, and the adjustment of the ownership concentration effect is not obvious.
  • Alliance Portfolio Configuration and Firm's Technology Standardization Capability——The Moderating Role of Institutional Environment
  • 2019 Vol. 37 (7): 1277-1285.
  • Abstract ( )
  • Based on the resource-based and institutional perspectives, this paper aims at investigating how standard-setting alliance portfolio size and diversity influence firm technology standardization capability. Based on the panel data of Chinese vehicle manufacturers from 1999 to 2013, the empirical analysis results show that standard-setting alliance portfolio size and diversity are positively and significantly related to the firms’ technology standardization capability, and the effect of alliance portfolio size is stronger than that of alliance portfolio diversity. However, alliance portfolio size and diversity jointly and negatively influence firms’ technology standardization capability. Further, the relationship between government and market weakens the effect of alliance portfolio diversity on firms’ technology standardization capability. Network density strengthens the effect of alliance portfolio size while it weakens the effect of alliance portfolio diversity on firms’ technology standardization capability.
  • Research on the development path of start-ups from the perspective of total factor productivity
  • 2019 Vol. 37 (7): 1286-1294.
  • Abstract ( )
  • In recent years, start-ups in our nation is experiencing a rapid growth, but the reason for its development path has not yet been clarified by academic circles. This research selects panel data of 182 listed companies on growth enterprise market from 2012 to 2016 and global GEM report, adopting Luenberger index method to decompose the TFP of start ups, and further analyses the development path of venture capital in our nation. The result indicates the followings. First , the TFP rose significantly from 2015-2016,but the contribution of purely technological efficiency change (technical conversion) to TFP has decreased sharply. Second, TFP start-ups growth in the early stage was mainly driven by changes in purely technological efficiency and sizable scale technology (scale efficiency), which recently have been transformed into pure technological changes (technical progress). Third, scale efficiency (allocation efficiency) is always bring negative contribution to TFP growth. Thus it can be seen that the implementation of policies of national innovation and entrepreneurship has initially worked, but enterprise’s technology application and resource allocation is low. Therefore a series of countermeasures should be carried out includes promote lean entrepreneurship, standardize the registration threshold, and carry out the establishment of entrepreneurial support platform.
  • Research on the Influencing Mechanism of Innovation Performance of New Type of Research Institutes
  • 2019 Vol. 37 (7): 1306-1315.
  • Abstract ( )
  • Based on the sample of new type of research institutes in Yangtze River Delta and structural equation modeling method, this paper empirically examines the influence factors and the action mechanism of innovation performance of new type of research institutes. The results show that network relations and the abilities of resource integration of new type of research institutes is positively related to innovation performance. We also find that the market mechanism has a positive impact on innovation performance and it mediates the relationship between network relations and innovation performance and the relationship between the abilities of resource integration and innovation performance. Besides, this paper also suggests that the innovation environment plays a positive moderating role on the relationships between the network relations and innovation performance of the new type of research institutes, and the relationships between market mechanism and innovation performance.
  • The Structure and Collaborative Mechanism of Firm-Level Innovation Ecosystem—A Case Research of Haier Group
  • 2019 Vol. 37 (7): 1316-1325.
  • Abstract ( )
  • This paper studies the structure and collaborative mechanism of innovation ecosystem at firm level based on a grounded analysis about Haier Group. The findings show a special cross-layer nested structure of Haier’s innovation ecosystem during its construction process and besides, we find four critical unique collaborative mechanisms in this special structure: coupled platform modular, multilateral network cooperation, internal competition design and hierarchical ecological management, which are not common used in normal innovation ecosystem at macro level. This paper has two important contributions to extant literature about innovation ecosystem: (1) we propose firm-level innovation ecosystem, where actors from inner-enterprises can take part in inside and outside ecological activities as independent subjects simultaneously, and form cross-layer nested structures. This finding breaks the limitation of extant literatures which only focus on innovation system at macro level and treat firms as closed homogeneous nodes. (2) this paper proposes that the collaboration of innovation ecosystem can be fulfilled by the logic of network effect and authority, where previous studies majorly focus on persistent leader intervention and resource investment.
  • Interaction between Technological Infrastructure Investment and Technological Innovation
  • 2019 Vol. 37 (7): 1326-1333.
  • Abstract ( )
  • Based on the limitation of existing research on the one-way impact of technological infrastructure investment on technological innovation, this paper focuses on the interaction effect between the two. Firstly, it analyzes the mechanism of the interaction effect on the theoretical level and then uses the panel data of 30 provinces in China from 2009 to 2015 to establish the simultaneous equations model to test the effect, the conclusions are as follows:(1)At the national level, there is a mutually reinforcing interactive effect between technology infrastructure investment and technological innovation. Technology infrastructure investment contributes significantly to the increase in technological innovation. Increasing technological innovation also helps to increase large technology infrastructure investment.(2)In terms of sub-regions, the contribution of over-investment in technology infrastructure in the eastern region has no significant effect on technological innovation. However, the central and western regions still show a mutually reinforcing interactive effect. There are differences in the impact of technology infrastructure investment on technological innovation among different regions, which are manifested in Central> Western> Eastern.
  • How does network heterogeneity improve innovation performance? An empirical analysis from design-driven innovation perspective
  • 2019 Vol. 37 (7): 1334-1344.
  • Abstract ( )
  • Design-driven innovation is a brand-new innovation model that acquiring competitive advantage by predicting trends of socio cultural development and endowing product with radical language meaning. Besides, it emphasis on integrating innovation elements from open innovation network. Based on above logic, this paper combines network and innovation theories and establishes a theoretical model of ‘network heterogeneity – design-driven innovation – innovation performance’. Data from manufacturing enterprises shows that, 1) design-driven innovation is a networking process of various stakeholders and knowledge, and can be constituted by listen, interpretation and expression; 2) network heterogeneity promotes innovation performance, specifically, knowledge heterogeneity and partner heterogeneity play different roles; 3) design-driven innovation acts as mediating role in the main effect of ‘network heterogeneity and innovation performance’.