China is currently in a critical stage of industrial transformation, the key to which is the transformation of the manufacturing industry. Research on industrial transformation is essentially an exploration of the ori...China is currently in a critical stage of industrial transformation, the key to which is the transformation of the manufacturing industry. Research on industrial transformation is essentially an exploration of the origin of industry and the values of industrial development. Industry offers the impetus for human development and contributes to social welfare. Industrial transformation is a simultaneous representation of the innovative and revolutionary nature of industry. Currently, industrialization is far from being complete in China and most regions of China have yet to develop a strong social foundation of modern industrial civilization. China still has large gaps with the standards of developed industrial powers. In addition to the lack of a solid industrial, technological foundation, China's industrial transformation and upgrade are confronted by the negative inclination towards excessive "instrumental rationalism". An obsession with speed, quantity, capital appreciation, and the single-minded pursuit of profitability have constrained the real values of industry. China' s current industrial transformation essentially requires a readjustment of the relationship between instrumental utility and real values and calls for a release of the innovative capabilities of industry. Currently, one of the most imperative, strategic tasks for China is to continue strengthening its industry. In-depth integration between industrialization and IT application will bring China' s industrial civilization to a new level.展开更多
The paper presents to managers' and scholars' reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation (VBI) provides a cle...The paper presents to managers' and scholars' reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation (VBI) provides a clear definition of the adequate value curve to be pursued in any innovation action, from strategic definition to operational product conceptualization and production. The VBI model has been applied in strategic planning in over 100 SMEs throughout Portugal and USA by the authors and other consultant companies. The VBI model provides the practitioners and scholars with a pragmatic tool to determine innovation's value creation. Connecting this information with strategic thinking and planning will reduce risk and avoid failure. The theoretical model when converted into a technological application provides an immediate insight into the most adequate strategic innovation to be chosen by top management and operational product developers. The paper demonstrates the relation between innovation and value creation.展开更多
The main underlying causes of the comparison study of Chinese and Western culture are mainly cultural psychology and social development. From the perspective of cultural psychology, cultural identity and the identity ...The main underlying causes of the comparison study of Chinese and Western culture are mainly cultural psychology and social development. From the perspective of cultural psychology, cultural identity and the identity of consciousness induced homeland is subjective motivation. From the development point of view of social reality, it is the inevitable response to objective requirements of dra-matic social transformation, cultural awareness promotion and cultural innovation.展开更多
This work studies entry and technology transfer in a Cournot model where there are two domestic firms. A foreign firm has a patent on a technological innovation that reduces the costs of all firms. The foreign firm ca...This work studies entry and technology transfer in a Cournot model where there are two domestic firms. A foreign firm has a patent on a technological innovation that reduces the costs of all firms. The foreign firm can license the innovation to one or both domestic firms. The authors consider two standard licensing policies: (1) auction policy and (2) unit royalty policy. The foreign firm can license the innovation either by staying outside the domestic market, or it can enter the market, license the innovation and compete with the domestic firms. The authors show that (1) when the foreign firm stays outside, it is never optimal for it to use royalties, (2) if it licenses the innovation by entering the industry, then royalties could be optimal and (3) when it decides on its entry strategy by taking its optimal licensing policies into account, it always finds it optimal to enter the domestic market.展开更多
The Malaysian government's vision to be a developed nation by 2020 has pushed forward the use of innovative technologies in most sectors and industries, including the construction industry. Through the ETP (Economic...The Malaysian government's vision to be a developed nation by 2020 has pushed forward the use of innovative technologies in most sectors and industries, including the construction industry. Through the ETP (Economic Transformation Programme), major projects launched are expected to provide a great catalyst for the economy, and may become the platform for increasing the use of automation and highly enhanced plants and machineries in the construction industry. Innovations in most countries are mostly driven by the need to find revolutionary solutions to problems, such as a shortage of skilled labor, decreasing quality of product and processes, inferior working conditions, declining productivity and increasing costs of labor and materials. Automation and robotics technologies encompass a wide range of innovative technologies using technologically advanced machineries to improve the speed and efficiency of a given process. This paper discusses the readiness of a developing country in embracing construction automation and robotics, by exploring industry perception, suggested practices and barriers to its implementation using a questionnaire survey and semi-structured interviews directed at Malaysian construction finns of contractors, specialist sub-contractors, developers and consultants. The findings show that the Malaysian construction industry is ready, to a certain extent, for implementing the technologies in limited areas such as prefabrication and assembly and in the design, planning and costing phases.展开更多
文摘China is currently in a critical stage of industrial transformation, the key to which is the transformation of the manufacturing industry. Research on industrial transformation is essentially an exploration of the origin of industry and the values of industrial development. Industry offers the impetus for human development and contributes to social welfare. Industrial transformation is a simultaneous representation of the innovative and revolutionary nature of industry. Currently, industrialization is far from being complete in China and most regions of China have yet to develop a strong social foundation of modern industrial civilization. China still has large gaps with the standards of developed industrial powers. In addition to the lack of a solid industrial, technological foundation, China's industrial transformation and upgrade are confronted by the negative inclination towards excessive "instrumental rationalism". An obsession with speed, quantity, capital appreciation, and the single-minded pursuit of profitability have constrained the real values of industry. China' s current industrial transformation essentially requires a readjustment of the relationship between instrumental utility and real values and calls for a release of the innovative capabilities of industry. Currently, one of the most imperative, strategic tasks for China is to continue strengthening its industry. In-depth integration between industrialization and IT application will bring China' s industrial civilization to a new level.
文摘The paper presents to managers' and scholars' reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation (VBI) provides a clear definition of the adequate value curve to be pursued in any innovation action, from strategic definition to operational product conceptualization and production. The VBI model has been applied in strategic planning in over 100 SMEs throughout Portugal and USA by the authors and other consultant companies. The VBI model provides the practitioners and scholars with a pragmatic tool to determine innovation's value creation. Connecting this information with strategic thinking and planning will reduce risk and avoid failure. The theoretical model when converted into a technological application provides an immediate insight into the most adequate strategic innovation to be chosen by top management and operational product developers. The paper demonstrates the relation between innovation and value creation.
文摘The main underlying causes of the comparison study of Chinese and Western culture are mainly cultural psychology and social development. From the perspective of cultural psychology, cultural identity and the identity of consciousness induced homeland is subjective motivation. From the development point of view of social reality, it is the inevitable response to objective requirements of dra-matic social transformation, cultural awareness promotion and cultural innovation.
文摘This work studies entry and technology transfer in a Cournot model where there are two domestic firms. A foreign firm has a patent on a technological innovation that reduces the costs of all firms. The foreign firm can license the innovation to one or both domestic firms. The authors consider two standard licensing policies: (1) auction policy and (2) unit royalty policy. The foreign firm can license the innovation either by staying outside the domestic market, or it can enter the market, license the innovation and compete with the domestic firms. The authors show that (1) when the foreign firm stays outside, it is never optimal for it to use royalties, (2) if it licenses the innovation by entering the industry, then royalties could be optimal and (3) when it decides on its entry strategy by taking its optimal licensing policies into account, it always finds it optimal to enter the domestic market.
文摘The Malaysian government's vision to be a developed nation by 2020 has pushed forward the use of innovative technologies in most sectors and industries, including the construction industry. Through the ETP (Economic Transformation Programme), major projects launched are expected to provide a great catalyst for the economy, and may become the platform for increasing the use of automation and highly enhanced plants and machineries in the construction industry. Innovations in most countries are mostly driven by the need to find revolutionary solutions to problems, such as a shortage of skilled labor, decreasing quality of product and processes, inferior working conditions, declining productivity and increasing costs of labor and materials. Automation and robotics technologies encompass a wide range of innovative technologies using technologically advanced machineries to improve the speed and efficiency of a given process. This paper discusses the readiness of a developing country in embracing construction automation and robotics, by exploring industry perception, suggested practices and barriers to its implementation using a questionnaire survey and semi-structured interviews directed at Malaysian construction finns of contractors, specialist sub-contractors, developers and consultants. The findings show that the Malaysian construction industry is ready, to a certain extent, for implementing the technologies in limited areas such as prefabrication and assembly and in the design, planning and costing phases.