Small Enterprises Vital for Growth and Employment

According to the Phillips curve, a trade-off exists between economic growth and control over in ation and the two can hardly be achieved at the same time in implementation of macroeconomic policy. For China’s reality, neither high unemployment nor high inflation is acceptable. China must balance the two to steer its economic growth on a stable and relatively rapid path to ensure the creation of some 10 million jobs and effectively rein in inflation. This essay analyzes these issues to answer the question of how the country can strike a healthy economic balance.

On the Mechanism of Evolution for Enterprise＇s Sustainable Growth Based on the Theory of Self-organization

The capabilities of industry, technology, institution and market power form the model of four-capability structure for enterprise＇s sustainable growth. The firm＇s system has the characteristics of dissipative structure. The process of the formation for the sustainable growth capability is one of self-organization operations. The evolution and development of sustainable growth capability is the result of inter-functions and inter-operations among all the sub-systems. On the whole, the current level of sustainable growth capability, the four-capability structure and the random rise-and-fall elements of the external environment determine the direction, speed and level of transition of sustainable growth capability. The self-organization mechanism of the enterprise＇s sustainable growth can be illustrated by the instability of system evolution, the sequence parameter, the potential function and the nonequilibrium phase transition. Chinese firms must pay attention to industry selecting and positioning, technology innovation, institution reform and cultivation of market power, and accelerate the formation of self-organization and effective operation through the dynamic integration and inter-operation of industry, technology, institution and market power. Only in this way can firms cultivate and develop their sustainable growth capability and realize enterprises＇ sustainable growth finally.

Analysis on the Dynamic Correlation Between the Growth Enterprise Market and Small and Medium Ente Based on Copula Theory rise Board Market

Investigation of the dynamic correlation between financial markets has important and realistic meaning for the market portfolio, but the dynamic correlation between financial markets often shows ＂nonlinear and asymmetrical ＂features, The Copula model can effectively solve these problems. This paper aims to study the dynamic correlation between the second board market and SME board market by building Copula models to the return series of the two boards＇ indexes and calculating the dynamic correlation coefficient between the two markets. The study results show as the following：（1） there is positive correlation between the second board market and SME board market and the correlation is very strong; （2） time-varying Copula model is better than constant correlation Copula model in describing the correlations among financial markets as it captures market return＇ s feature of time-varying; （3） The upper ant lower tail dependence coefficient between GEM and SME board market shows less linkage risk has been found; The upper tail dependence coefficient is bigger than the lower tail dependence coefficient, means that the linkage risk is asymmetric, that is to say the tail dependence coefficient is much stronger in the bear market; The upper tail dependence coefficient and lower tail dependence coefficients are both in the stable interval, the overall volatility is small.

On the Measurement of Enterprise Growth——-The Ugly Duckling Turning into a White Swan

Based on the review of domestic analyses of current situation and development trend problems of enterprise growth, this paper proposes some key problems of measures to enterprise foundation, index of system and their reality in use.

Singapore Technologies Electronics——Committed to Growth in China

About ST Electronics Headquartered in Singapore, ST Electronics has almost 40 years of experience providing electronics, communications and ICT (information communications technologies) solutions to governments and commercial enterprises worldwide.

Conditions,Mechanisms and Process within Self-organization Evolution

Business growth and development are similar to a selforganization evolution system. This paper intends to explore the context, drive and process within enterprise self-organization evolution from a conceptual perspective. And an enterprise evolution model can be applied on the basis of ecological logistic equations to approach the elementary process and the growth stage of organization. Moreover,the influence of diverse variable on the evolution of enterprise growth is discussed. At last, the study concludes that new structures and functions can emerge within organizations and enterprises,which contribute to transformation and upgrade during their self-organization evolution.

The Growth Paths and Mechanisms of Chinese Private Enterprise

During the past forty years of reform and opening up,China’s private economy has made remarkable strides.This paper introduces start-up organizational processes into the study of elite mobility in emerging markets,exploring the relationship between the social origins of entrepreneurs and their entrepreneurial outcomes.Our research finds that the initial scale,growth rate and current size of enterprises established by elite entrepreneurs are larger than those of grassroots entrepreneurs.With the deepening of economic reform and the growth of the private economy,the social origins of large business owners generally tend to be elitist and the scale advantage of the enterprises set up by elite entrepreneurs,especially endogenous or inside-track entrepreneurs,is ever more striking.The expansion of such enterprises’superior position is mainly due to their initial advantages of scale;after the start-up period,the advantage conferred by their pace of growth does not increase synchronously.In order to promote the further development of the private economy and release its innovative potential,it is necessary to give full play to the government’s function of regulating market operations and correcting market failure,and thus actively creating a good business environment.

Strategic Guidance Effect of Large-Scale Construction Enterprise Growth to Programme Contracting

In the case of single project management standing the major place, the management on the organizational level and project level is separated from each other in large-scale construction enterprises, and it is not long before program management theories applied to construction industry. Under the new situation of construction project clustering, how to choose projects has been the strategic decision for construction enterprises. Therefore,with the theory of program management and strategic management, this paper analyzes the relationship between the strategic growth of large-scale construction enterprises and program contracting, and attempts to provide meaningful ideas for enterprises to choose program from the strategic level.