Urban agglomeration has become the main form of regional spatial organization in China.While most of the existing studies of urban agglomeration in China have focused on the eastern coastal areas,urban agglomeration w...Urban agglomeration has become the main form of regional spatial organization in China.While most of the existing studies of urban agglomeration in China have focused on the eastern coastal areas,urban agglomeration with mid-level development in the rest of the country has been overlooke1.To better understand the urbanization process of the mid-level developing urban agglomeration,this study investigated the clustering pattern and the drivers of both urban population and firm dynamics during 2005-2015 in the Changsha-Zhuzhou-Xiangtan(Chang-Zhu-Tan)urban agglomeration of China using the methods ofkernel density estimation and geographic detection.Our results show that centralization was obvious,although decentralization also occurred in Chang-Zhu-Tan,and that the spatial agglomeration was promoted by several factors,such as administrative resources,location advantage,labor cost,and consumption capacity.Some problems hindering the development of this region were also discovered:administrative resources played a critical role in urbanization because small towns and villages did not receive enough attention,and the effect of local policy was not as beneficial as expected.These findings partly explain the relatively slow development of mid-level developing urban agglomerations and have important implications for promoting healthier urbanization.展开更多
This study addresses the role of R&D leverage in SMEs’performance creation.The authors do so by considering SMEs’high resource dependence due to isomorphism.We propose that R&D leverage,with a presence of dy...This study addresses the role of R&D leverage in SMEs’performance creation.The authors do so by considering SMEs’high resource dependence due to isomorphism.We propose that R&D leverage,with a presence of dynamic capabilities,plays a moderating role in the relation between resource investments and performance.This study,which focused on Taiwan’s SMEs,conducts a questionnaire survey using the hierarchical sampling technique,across various industries and geographic areas in Taiwan.The empirical findings reveal that R&D leverage as an essential leveler in resource management enhances resource advantages.展开更多
In recent decades,with the rapid development of the knowledge economy and science,countries have embraced technical innovation and have gradually increased investment in research and development(R&D).A vast litera...In recent decades,with the rapid development of the knowledge economy and science,countries have embraced technical innovation and have gradually increased investment in research and development(R&D).A vast literature indicates that the relationship between R&D and firm performance is highly complex.The evidence suggests that R&D positively influences firm performance,yet findings on the process by which this happens are mixed.Rigorous analyses are required on how R&D investments affect energy consumption.This study explores the impact of R&D investment on the performance and energy consumption of 476 firms in Ethiopia by employing a combination of fixed-effect,propensity score matching,and endogenous treatment effect estimation methods.The empirical results reveal that investment in R&D positively influences both innovation and long-term financial performance but negatively impacts short-term financial performance and energy consumption.The results also show that the impacts of R&D activities vary significantly across different categories of firms,confirming that heterogeneity may be an issue among the firms considered.The results also indicate that the availability of credit is a more important moderating factor in the relationship between R&D investment and firm performance than the legal system is.These results have important implications for firms with growing R&D operations,especially those in developing countries such as Ethiopia.Ethiopian firms should invest more in R&D activities,such as in fundamental and applied research,to improve performance and enhance competitiveness.展开更多
Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over th...Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over this period increases firm＇s export probability as well as its export volume, and the impact is larger for more ef- ficient firms. However, the impact on firm＇s export volume depends on the degree of agglomeration. When the degree of agglomeration is low, an increase in agglomera- tion would expand firm＇s export volume but the impact will be diminishing and even turns negative if the degree of agglomeration is already very high.展开更多
Based on the data of Chinese listed family firms from 2008 to 2016,we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition.The results show that increa...Based on the data of Chinese listed family firms from 2008 to 2016,we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition.The results show that increased family involvement significantly reduces R&D investment intensity and the number of patent applications.With the increased richness of the kinship of family members involved in management,the negative impact of family involvement on patent applications is weakened,but family member composition does not have a significant moderating effect on the relationship between family involvement and R&D investment intensity.Further analysis shows that the number of invention patent applications decreases as the degree of family involvement increases,but family involvement has no significant effect on utility model patent and design patent applications.Family member composition has a significant moderating effect on the relationship between family involvement and invention patent applications.The results have value as a reference for exploring how family involvement affects firm innovation and can also help the actual controller to take effective measures to optimize family member composition and improve the innovation performance of family firms.展开更多
基金supported by the National Natural Science Foundation of China(41301192)the Natural Science Foundation of Hunan Province(2020JJ4056)the Key Project of Education Department of Hunan Province(19A333).
文摘Urban agglomeration has become the main form of regional spatial organization in China.While most of the existing studies of urban agglomeration in China have focused on the eastern coastal areas,urban agglomeration with mid-level development in the rest of the country has been overlooke1.To better understand the urbanization process of the mid-level developing urban agglomeration,this study investigated the clustering pattern and the drivers of both urban population and firm dynamics during 2005-2015 in the Changsha-Zhuzhou-Xiangtan(Chang-Zhu-Tan)urban agglomeration of China using the methods ofkernel density estimation and geographic detection.Our results show that centralization was obvious,although decentralization also occurred in Chang-Zhu-Tan,and that the spatial agglomeration was promoted by several factors,such as administrative resources,location advantage,labor cost,and consumption capacity.Some problems hindering the development of this region were also discovered:administrative resources played a critical role in urbanization because small towns and villages did not receive enough attention,and the effect of local policy was not as beneficial as expected.These findings partly explain the relatively slow development of mid-level developing urban agglomerations and have important implications for promoting healthier urbanization.
文摘This study addresses the role of R&D leverage in SMEs’performance creation.The authors do so by considering SMEs’high resource dependence due to isomorphism.We propose that R&D leverage,with a presence of dynamic capabilities,plays a moderating role in the relation between resource investments and performance.This study,which focused on Taiwan’s SMEs,conducts a questionnaire survey using the hierarchical sampling technique,across various industries and geographic areas in Taiwan.The empirical findings reveal that R&D leverage as an essential leveler in resource management enhances resource advantages.
文摘In recent decades,with the rapid development of the knowledge economy and science,countries have embraced technical innovation and have gradually increased investment in research and development(R&D).A vast literature indicates that the relationship between R&D and firm performance is highly complex.The evidence suggests that R&D positively influences firm performance,yet findings on the process by which this happens are mixed.Rigorous analyses are required on how R&D investments affect energy consumption.This study explores the impact of R&D investment on the performance and energy consumption of 476 firms in Ethiopia by employing a combination of fixed-effect,propensity score matching,and endogenous treatment effect estimation methods.The empirical results reveal that investment in R&D positively influences both innovation and long-term financial performance but negatively impacts short-term financial performance and energy consumption.The results also show that the impacts of R&D activities vary significantly across different categories of firms,confirming that heterogeneity may be an issue among the firms considered.The results also indicate that the availability of credit is a more important moderating factor in the relationship between R&D investment and firm performance than the legal system is.These results have important implications for firms with growing R&D operations,especially those in developing countries such as Ethiopia.Ethiopian firms should invest more in R&D activities,such as in fundamental and applied research,to improve performance and enhance competitiveness.
文摘Using Chinese manufacturing data between 1998 and 2007, this paper in- vestigates the impact of agglomeration on firm＇s export behavior. It is found that the agglomeration of manufacturing industries in China over this period increases firm＇s export probability as well as its export volume, and the impact is larger for more ef- ficient firms. However, the impact on firm＇s export volume depends on the degree of agglomeration. When the degree of agglomeration is low, an increase in agglomera- tion would expand firm＇s export volume but the impact will be diminishing and even turns negative if the degree of agglomeration is already very high.
基金supported by the National Social Science Fund of China(No.20BLG093)
文摘Based on the data of Chinese listed family firms from 2008 to 2016,we investigate the impact of family involvement on firm innovation and the moderating effect of family member composition.The results show that increased family involvement significantly reduces R&D investment intensity and the number of patent applications.With the increased richness of the kinship of family members involved in management,the negative impact of family involvement on patent applications is weakened,but family member composition does not have a significant moderating effect on the relationship between family involvement and R&D investment intensity.Further analysis shows that the number of invention patent applications decreases as the degree of family involvement increases,but family involvement has no significant effect on utility model patent and design patent applications.Family member composition has a significant moderating effect on the relationship between family involvement and invention patent applications.The results have value as a reference for exploring how family involvement affects firm innovation and can also help the actual controller to take effective measures to optimize family member composition and improve the innovation performance of family firms.
