On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as foll...On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as follows:1.An overview In 2017,the trend of global economic recovery was obvious.展开更多
As a matter of expediency, most existing corporate-based urban networks can only be quantitatively measured by either counting the number of linkages or calculating the product of estimated service values. However, th...As a matter of expediency, most existing corporate-based urban networks can only be quantitatively measured by either counting the number of linkages or calculating the product of estimated service values. However, the impreciseness arising due to the limits of quantitative analysis may prove fatal to studies about non-market economies like China. Employing the capital investment dataset as an example, we build a capital-weighted intervention network as well as an unweighted control network to carry out an examination of the quantitative validity in China’s corporate-based urban network analysis. Both the overall spatial pattern and top city-dyads within the capital-weighted network witness Beijing, as the most dominant city, overshadow the performance of the others, and the unweighted network shows multilateral interactions between China’s top cities including Beijing, Shanghai, Shenzhen, and Guangzhou. To further interpret the noticeable differences, we divide the overall network into two subnetworks, inferred by focusing on state-owned enterprises(SOEs) and private enterprises. The results show that the public and private sectors have separately created vastly different subnetworks in China and that SOEs play a much more significant role in terms of capital. Besides fresh insights into China’s urban network, this study provides a cautionary tale reminding researchers of the essentiality and complexity when making a quantitative distinction between different linkages.展开更多
Promoting the growth of the lithium battery sector has been a critical aspect of China's energy policy in terms of achieving carbon neutrality.However,despite significant support on research and development(R&...Promoting the growth of the lithium battery sector has been a critical aspect of China's energy policy in terms of achieving carbon neutrality.However,despite significant support on research and development(R&D)investments that have resulted in increasing size,the sector seems to be falling behind in technological areas.To guide future policies and understand proper ways of promoting R&D efficiency,we looked into the lithium battery industry of China.Specifically,data envelopment analysis(DEA)was used as the primary approach based on evidence from 22 listed lithium battery enterprises.The performance of the five leading players was compared with that of the industry as a whole.Results revealed little indication of a meaningful improvement in R&D efficiency throughout our sample from 2010 to 2019.However,during this period,a significant increase in R&D expenditure was witnessed.This finding was supported,as the results showed that the average technical efficiency of the 22 enterprises was 0.442,whereas the average pure technical efficiency was at 0.503,thus suggesting that they were suffering from decreasing returns to scale(DRS).In contrast,the performance of the five leading players seemed superior because their average efficiency scores were higher than the industry's average.Moreover,they were experiencing increasing scale efficiency(IRS).We draw on these findings to suggest to policymakers that supporting technologically intensive sectors should be more than simply increasing investment scale;rather,it should also encompass assisting businesses in developing efficient managerial processes for R&D.展开更多
文摘On the evening of March 8th,Innuovo released its annual report,in which,business income grew steadily,and net profits soared a lot over the same period.The annual report on annual board of directors in 2017 is as follows:1.An overview In 2017,the trend of global economic recovery was obvious.
基金Under the auspices of the National Social Science Foundation of China(No.16ZDA017)。
文摘As a matter of expediency, most existing corporate-based urban networks can only be quantitatively measured by either counting the number of linkages or calculating the product of estimated service values. However, the impreciseness arising due to the limits of quantitative analysis may prove fatal to studies about non-market economies like China. Employing the capital investment dataset as an example, we build a capital-weighted intervention network as well as an unweighted control network to carry out an examination of the quantitative validity in China’s corporate-based urban network analysis. Both the overall spatial pattern and top city-dyads within the capital-weighted network witness Beijing, as the most dominant city, overshadow the performance of the others, and the unweighted network shows multilateral interactions between China’s top cities including Beijing, Shanghai, Shenzhen, and Guangzhou. To further interpret the noticeable differences, we divide the overall network into two subnetworks, inferred by focusing on state-owned enterprises(SOEs) and private enterprises. The results show that the public and private sectors have separately created vastly different subnetworks in China and that SOEs play a much more significant role in terms of capital. Besides fresh insights into China’s urban network, this study provides a cautionary tale reminding researchers of the essentiality and complexity when making a quantitative distinction between different linkages.
基金This workwas supported by R&D and Application Demonstration of Common Key Technologies in Modern Service Industry,Key Special Sub Topics of National Key R&D Plan(Grant No.2018YFB1402500).
文摘Promoting the growth of the lithium battery sector has been a critical aspect of China's energy policy in terms of achieving carbon neutrality.However,despite significant support on research and development(R&D)investments that have resulted in increasing size,the sector seems to be falling behind in technological areas.To guide future policies and understand proper ways of promoting R&D efficiency,we looked into the lithium battery industry of China.Specifically,data envelopment analysis(DEA)was used as the primary approach based on evidence from 22 listed lithium battery enterprises.The performance of the five leading players was compared with that of the industry as a whole.Results revealed little indication of a meaningful improvement in R&D efficiency throughout our sample from 2010 to 2019.However,during this period,a significant increase in R&D expenditure was witnessed.This finding was supported,as the results showed that the average technical efficiency of the 22 enterprises was 0.442,whereas the average pure technical efficiency was at 0.503,thus suggesting that they were suffering from decreasing returns to scale(DRS).In contrast,the performance of the five leading players seemed superior because their average efficiency scores were higher than the industry's average.Moreover,they were experiencing increasing scale efficiency(IRS).We draw on these findings to suggest to policymakers that supporting technologically intensive sectors should be more than simply increasing investment scale;rather,it should also encompass assisting businesses in developing efficient managerial processes for R&D.