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Current Issue

  • Asset Specificity, Governance Structure and Organizational Boundary: the Definition of Organizational Differences between Little Science and Big Science
  • 2014 Vol. 32 (5): 650-659.
  • Abstract ( )
  • Highlighting the organizational differences between Little Science and Big Science is to reveal that the construction of Big Science project cannot follow the path of Little Science, because the “Big” or “Small”of Science is not merely a matter of numbers or quantity, but the very differences of Organizational Forms. In an extended model of Transaction Cost Theory, the causes of the different organizational forms between Little Science and Big Science are explained by the Asset Specificity. It is argued that, the Organizational Form of Little Science is mainly defined by the Market Governance Structure and the Organizational Boundary estabished by the mechanism of Spontaneous Responsibility, Decentralized Power and Strong Incentive, within which takes on Simple Dispersed Configuration; While Organizational Form of Big Science is mainly defined by the Bureaucracy Governance Structure and the Organizational Boundary estabished by the mechanism of Allocational Responsibility, Centralized Power and Week Incentive, within which takes on Complex Networked Configuration. Thus, the plan to optimize the University’s Little Science Mode by conducting the Big Science Project is infeasible, new management system and operation mechanism are needed.
  • The Effects of Academic Paper Quality on the Network Positions of Stars in Co-authorship Network: The Case of “innovation network” Literature (1990~2012)
  • 2014 Vol. 32 (5): 660-668.
  • Abstract ( )
  • Previous literature on co-authorship network mainly characterized the research network structure in some scientific fields by means of social network analysis, but rarely investigated the factors which influenced the positions of stars in co-authorship network. Based on the co-authorship network in the field of innovation network from 1990 to 2012, we investigated the effects of academic paper quality on the network positions of stars in co-authorship network. Research findings indicate that the network positions of stars are influenced not only by the quantity of academic papers, but also by the quality of academic papers. Specifically, the net citation frequency can be used to predict the size of an author’s ego-network; collaborating with geographically distant authors negatively affects the efficiency with which they can reach others in the co-authorship network; the star authors with highly specialized knowledge are more likely to take the role of mediator, i.e., specialist would be the ideal knowledge broker in a co-authorship network.
  • The Double-edged Effect of Technological Progress in Carbon Dioxide Emissions Reduction:Empirical Evidence from 35 Sub-industrial sectors in China
  • 2014 Vol. 32 (5): 706-716.
  • Abstract ( )
  • Based on the product quality improvement theory, this article constructed an economic growth model which taken the energy efficiency improvements and carbon dioxide emission reduction into account, then used the panel data of 35 sub-industrial sectors in China from 1999-2011, this paper discussed the double-edged effect of technological progress which through the energy efficiency improvements and economic growth to lower the carbon dioxide emissions in industry. Results indicate that the technological progress through the energy efficiency improvements is still unable to eliminate the industrial carbon dioxide emissions brought by the economic growth; however, it can lower the carbon dioxide emissions intensity of light industry and heavy industry. Compared with light industry, the energy efficiency improvements of heavy industry have stronger impact on carbon dioxide emissions than economic growth. By boosting the heavy industry's green technology innovation to improve the energy efficiency should be the entry point and the focus of energy saving and carbon dioxide emission reduction in the future.
  • A Measure of Comprehensive Effects of R&D Expenditure and Policy Implications
  • 2014 Vol. 32 (5): 717-723.
  • Abstract ( )
  • How to measure the comprehensive effects of R&D expenditure has become an important problem in recent years. Concentrating on input-output method and multiplier analysis, we have measured the comprehensive effects of R&D expenditure from four perspectives: associated output value, reward multiplier value, national income multiplier value and the number of new job. With the R&D expenditure used as an example, we have achieved a series of results. First, comprehensive effects are larger for some industries, such as the Manufacture of Communication Equipment, Computer and Other Electronic Equipment, Chemical Industry, Industry of Metals Smelting and Pressing, Manufacture of Transportation Equipment, Manufacture of General and Special Equipment. Second, comprehensive effects of R&D expenditure is lower for some industries, such as Public Management and Social Organization, Post Industry, Construction Industry, Industry of Education, Water Conservancy, Environment and Public Facilities Management. Finally, we should attach greater importance to the comprehensive effects of R&D expenditure. In order to improve the effects, governments should optimize the orientation of R&D expenditure and adjust the structure of R&D expenditure. The research method can provide reference for the similar study and the conclusions can provide empirical reference for R&D investment decision.
  • R&D Investment: Enterprise Behavior Or Industry Characteristics?
  • 2014 Vol. 32 (5): 724-734.
  • Abstract ( )
  • R&D investment is the key to change economic development pattern and enhance the industrial competitiveness. While Chinese enterprise faced with both low intensity and skew distribution of firm R&D investment. Unlike existing research, this paper is going to analysis the industry characteristics of R&D investment, and present a decision model of enterprise R&D investment by two fields which are enterprise and industry. We use a micro-data of Chinese manufacturing industries from 2005 to 2007 as samples to test the factors of firm R&D intensity. Moreover, we discusses the differences of enterprise R&D investment by Shapley value decomposition method, and gets the following conclusions. At micro-level, the intensity of R&D has significant negative correlations with production scale, firm age and asset-liability ratio, and enterprise property also effects the R&D decisions hardly. In addition, industry level factors such as average R&D intensity, market concentration and the environment of external financing has significant positive effects to firm R&D investment. However, there are obvious inhibitive effects from the ratio of new products’ sales revenue and R&D concentration. According to the analysis of Shapley value, industry factors contributes the 86.5% to the differences of firm R&D investment, and enterprise factors only contributes the 13.5%. In conclusion, the differences of investment in research and development are because of the different industries characteristics, not the enterprise behavior.
  • The Tenure of Local Officials and Firms’ R&D Investment: Crowding-Out Effect or Crowding-In Effect
  • 2014 Vol. 32 (5): 744-757.
  • Abstract ( )
  • Using a large micro-enterprise sample, from the perspective of official encourage, this paper studies the impact of official tenure and corruption on firm R&D investment under the current institutional arrangement of the cadre exchange, and it provides the microscopic evidence from transition countries about the relationship between governance of local officials and governance of corruption and sustainable economic development. The results show that, generally speaking, there is a reverse U-shaped relationship between local official tenure and firm R&D investment, and there is also a reverse U-shaped relationship between corruption and firm R&D investment, in other words, tenure extension of local officials and moderate corruption rate are conducive to reinforce firms’ R&D investment incentive, but overlong tenure of local official and excessive amount of corruption is bad for firm R&D investment, particularly, official tenure has a negative moderate effect on the relationship between corruption and firm R&D investment. Further investigation and we find that the effect of local officials’ tenure and corruption on firms’ R&D investment changes with the speed of marketization, industrial nature and ownership structure. The conclusion has important policy implication for promoting the governance of local officials and governance of corruption and accelerating China’s economic transformation.
  • Determinants of tenants successful graduation: research based on the perspective of co-production theory
  • 2014 Vol. 32 (5): 758-766.
  • Abstract ( )
  • In order to explore the determinants of new ventures’ successful graduation located on incubator, which have experienced the incubator services, the paper analyzes the determinants of tenants successful graduation the from the perspective of incubation interaction dyad based on co-production theory, and it draws upon longitudinal and fine-grained firm-level data of 132 client ventures incubated on state-level incubators approved by the State Council , China to test the determinants empirically by using survival analysis. The results of this study suggest that entrepreneur-specific human capital(ESHC) is the determinant of tenants’ successful graduation, while under the condition of incubation interaction , the interactive effects of incubator services and certain dimensions of ESHC are determinants of tenants’ successful graduation: the interactive effect of access to financial resources and entrepreneurial experience as well as access to financial resource and entrepreneurial competence, the interactive effect of entrepreneurial start-up support and entrepreneurial experience, and the interactive effect of access to networks and entrepreneurial competence are the determinants of tenants’ successful graduation. It could be concluded that we should take into account the comprehensive effects of entrepreneur’s human capital and incubator services in order to explore the determinants of tenants’ successful graduation.
  • The antecedents and outcomes of firm’s environmental innovation-From the perspective of environmental policy and firm’s background characteristics
  • 2014 Vol. 32 (5): 792-800.
  • Abstract ( )
  • Based on 225 surveys of manufacturing enterprises in Zhejiang province, this paper used multiple regression analysis to explore the effect of environmental policy, enterprise background characteristics and their interaction term on the level of firm’s environmental innovation, the impact of environmental innovation on firm’s economic performance, as well as examined the mediator role of environmental innovation. The results showed that: firm’s environmental product innovation and process innovation were generally higher than 3 , but lower than 4; environmental policy stringency and flexibility had significant positive effect on firm’s environmental product innovation and process innovation; the interactive term of private ownership and policy stringency, advanced technology industry and policy stringency, environment policy flexibility and firm age all had positive impact on product innovation; environmental product innovation played a completely mediating role between environment policy flexibility and the economic performance of enterprises.