Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufact...Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufacturing firms,no study has concretely focused on Korean ICT(Information and Communications Technology)firms and their FFE activities.The main aim of this study is to identify the activities of these firms during their FFE and provide managerial insights into the other ICT firms.The authors conducted a survey(106 valid responses)that their FFE activities on new product development project managers in Korean ICT firms.The results showed that even though new product development managers of Korean ICT firms did not search for ideas systemically,they communicated with those departments/divisions that had frequent interaction with customers for idea assessment,with the active involvement of middle-or higher-level managers.They thoroughly established initial plans in the pre-development stages and seriously analyzed competitors’products and direct and indirect customer interactions in their market survey activities.展开更多
The co-establishment of joint laboratories with foreign firms is a new pattern of international S&T cooperation developed by the Shanghai Institute in line with its own features. The Institute’s practice has prov...The co-establishment of joint laboratories with foreign firms is a new pattern of international S&T cooperation developed by the Shanghai Institute in line with its own features. The Institute’s practice has proved that it is an effective model for promoting the commercialization of research results, and the industrialization of new technologies as well as making their way into the international market.展开更多
This paper represents an attempt to test the relationship between the exports and productivity of Chinese firms using the data set of nearly 3 million industrial firms in 20 industrial sectors over the period 1998-200...This paper represents an attempt to test the relationship between the exports and productivity of Chinese firms using the data set of nearly 3 million industrial firms in 20 industrial sectors over the period 1998-2007. Our test finds that non-export firms were more productive than export firms, and exports were negatively related to productivity-namely that the lower the productivity of a firm, the higher its exports. This finding is in contradiction with the hypothesis of new-new trade theory. The contradiction is referred to as the "productivity paradox" in this paper. Further tests find that firm size is a key factor affecting firm exports, but the impact of exports on firm productivity is insignif icant. This paper reckons that the "productivity paradox" of Chinese export firms may be attributed to the disproportionate share of processing trade in export trade.展开更多
This paper demonstrates that the alternative data of manager turnover can provide investors and policymakers with a more timely and available predictor of new firm performance beyond the traditional financial informat...This paper demonstrates that the alternative data of manager turnover can provide investors and policymakers with a more timely and available predictor of new firm performance beyond the traditional financial information.This paper constructs a comprehensive alternative dataset of manager turnover that covers a near-population sample of new firms in the United Kingdom.It shows that manager departures and appointments can predict new firms’survival and growth,even after controlling for firm financials.In addition to the within-firm prediction,the average manager turnover in other firms of the same industry can cross-predict individual firm performance.The within-firm prediction is more pronounced for non-family firms,smaller firms and firms incorporated during or after the Great Recession,and the cross-firm prediction is stronger for younger firms.This paper sheds light on the power of alternative data in the prediction of firm performance,particularly for new firms that often do not have available information.展开更多
文摘Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufacturing firms,no study has concretely focused on Korean ICT(Information and Communications Technology)firms and their FFE activities.The main aim of this study is to identify the activities of these firms during their FFE and provide managerial insights into the other ICT firms.The authors conducted a survey(106 valid responses)that their FFE activities on new product development project managers in Korean ICT firms.The results showed that even though new product development managers of Korean ICT firms did not search for ideas systemically,they communicated with those departments/divisions that had frequent interaction with customers for idea assessment,with the active involvement of middle-or higher-level managers.They thoroughly established initial plans in the pre-development stages and seriously analyzed competitors’products and direct and indirect customer interactions in their market survey activities.
文摘The co-establishment of joint laboratories with foreign firms is a new pattern of international S&T cooperation developed by the Shanghai Institute in line with its own features. The Institute’s practice has proved that it is an effective model for promoting the commercialization of research results, and the industrialization of new technologies as well as making their way into the international market.
基金funded by the bigness program of Institute of World Economics and Politics at the Chinese Academy of Social Sciencethe Center for International Competitiveness of Chinese Economy under the "985 Program" of Fudan University for providing the invaluable data used in this paper
文摘This paper represents an attempt to test the relationship between the exports and productivity of Chinese firms using the data set of nearly 3 million industrial firms in 20 industrial sectors over the period 1998-2007. Our test finds that non-export firms were more productive than export firms, and exports were negatively related to productivity-namely that the lower the productivity of a firm, the higher its exports. This finding is in contradiction with the hypothesis of new-new trade theory. The contradiction is referred to as the "productivity paradox" in this paper. Further tests find that firm size is a key factor affecting firm exports, but the impact of exports on firm productivity is insignif icant. This paper reckons that the "productivity paradox" of Chinese export firms may be attributed to the disproportionate share of processing trade in export trade.
文摘This paper demonstrates that the alternative data of manager turnover can provide investors and policymakers with a more timely and available predictor of new firm performance beyond the traditional financial information.This paper constructs a comprehensive alternative dataset of manager turnover that covers a near-population sample of new firms in the United Kingdom.It shows that manager departures and appointments can predict new firms’survival and growth,even after controlling for firm financials.In addition to the within-firm prediction,the average manager turnover in other firms of the same industry can cross-predict individual firm performance.The within-firm prediction is more pronounced for non-family firms,smaller firms and firms incorporated during or after the Great Recession,and the cross-firm prediction is stronger for younger firms.This paper sheds light on the power of alternative data in the prediction of firm performance,particularly for new firms that often do not have available information.
