How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China

Digital inclusive finance can provide effective financial services to consumers and enterprises that are excluded from traditional finance, thereby improving the vitality and resilience of the economy. Using panel data from 285 Chinese cities from 2011 to 2020, this study explores the mechanism of the impact of digital inclusive finance on economic resilience. We also empirically test the direct effect of digital inclusive finance on economic resilience, the moderating effect of the market environment, and the transmission path of mediating variables. The study shows that improving the level of digital inclusive finance has a positive impact on economic resilience, which mainly stems from the deepening of the coverage breadth and use depth of digital inclusive finance and gradually increases over time. In the heterogeneity analysis, we find that the enhanced effect of digital inclusive finance on economic resilience is more significant in the central and eastern regions and in cities with larger economies in China. Further mechanism analysis reveals that the better the financial market environment and business environment are, the stronger the role of digital inclusion finance in promoting economic resilience. In addition, the increase in innovative technology and the growth of the consumption level are two important mediating variables for digital inclusive finance to actively contribute to economic resilience.     

How being envied shapes tourists’ relationships with luxury brands: A dual-mediation model

Positive reviews of luxury brands on social media provide tourists with an opportunity for self-presentation. Recent studies have suggested that these reviews can easily trigger envy in receivers, yet few studies have discussed the effect of envy on review writers. This research examined the effects of review writers’ perceptions of being envied on their relationships with the luxury brands they shared on social media. The results of three experiments in vacation scenarios showed that writers were more likely to feel pride (anxiety) when they were benignly (maliciously) envied, eliciting a stronger (weaker) self-brand connection. Moreover, social tie strength played a moderating role. The effect of being envied was stronger when writers and receivers had strong (vs. weak) ties. Our findings provide luxury brand managers with managerial insights into content customization and platform selection in buzz marketing strategies.     

The impact of artificial intelligence on economic growth and welfare

Focusing on the self-accumulation ability and the nonrival characteristic of artificial intelligence (AI), this paper develops a three-sector endogenous growth model and investigates the impact of the development of AI along the transitional dynamics path and the balanced growth path. The development of AI can increase economic growth along the transitional dynamics path, and can increase household short-run utility if an increase in the accumulation of AI is due to the rising productivity in the goods or AI sector, but can be detrimental to household short-run utility if an increase in the accumulation of AI is because firms use more AI to replace human labor. In addition, the development of AI is not necessarily beneficial to household welfare in the long run. The main results are unaffected when considering the case where AI can improve the accumulation of human capital, the traditional research and development model, and different kinds of physical capital.     

从关系能力到网络能力：合作能力演化阶段研究及展望

在制造业全球化、融合化和智能化发展的今天,合作能力协同作用成为影响合作成功的关键因素。2015年,国务院印发《中国制造2025》,要求实施创新驱动发展战略,坚持把创新摆在制造业发展全局的核心位置,突破一批重点领域关键共性技术,推动制造业跨区域、跨领域和跨行业协同创新,进而实现我国制造强国目标。由此,合作能力成为推动我国制造业创新发展的核心力量。通过回顾和梳理合作能力相关文献,归纳合作能力内涵与构成,创新性地提出无论是关系能力、联盟能力还是网络能力都是合作能力,也是合作能力演化不同阶段的具体表现形式。同时,通过解析各阶段能力对企业绩效的不同作用路径,更清晰地说明合作能力对企业绩效影响的内在机理。     

China’s local governments breaking the land use planning quota: A strategic interaction perspective

In China, the planning quota, i.e., the binding target of construction land (BTCL) in land use planning for 15 years (2006–2020), was exhausted within only 7 years, which represents a very serious problem. This result not only nullifies the meaning of the plan itself but also threatens China's food and ecological security and poses great challenges to sustainable development. Here, we develop an analysis framework for local governments that break the BTCL in view of the strategic interactions of transferring newly increased construction land (NCL) among local governments and perform an empirical analysis of data on 262 prefecture-level cities from 2007 to 2016. The two main conclusions are as follows. First, adjacent local governments engage in positive strategic interactions regarding the quantity of NCL transferred. Second, positive strategic interactions regarding the quantity of NCL transferred are important reasons why local governments break the planning quota. In addition, we find that better economic development corresponds to more obvious positive strategic interactions. We also find that fiscal incentives and land misallocation play a significant role in promoting the increase in NCL, while strengthening land law enforcement can effectively constrain the increase in NCL. This paper enriches the literature on the reasons for planning failures, extending the research perspective to the level of interaction effects among local governments, and this paper provides new evidence regarding the strategic interaction among Chinese local governments. Moreover, this paper provides an important new path for the central government to constrain urban land expansion and to control the behavior of local governments that break the planning quota.     

Telecoupling mechanism of urban land expansion based on transportation accessibility: A case study of transitional Yangtze River economic Belt,China

Several studies have explored the drivers of urban land expansion (ULE), but disregarded the influence of distant spatial effect on ULE at a large regional scale. This study contributed to a tele-coupling relationship framework between spatial spillover of ULE and transportation accessibility to find the influence of distance spatial effect on ULE. Drawing upon land-use remote sensing data from 1990–2015 and transportation network data, this study assessed the relationship between transportation accessibility and ULE, and developed a second-order spatial autoregressive model (SO-SAR) to explore the spatial spillover mechanism of ULE in the Yangtze River Economic Belt (YREB). The results find that ULE exhibits a significantly positive spatial correlation when the connection criterion of accessibility is 2 h≤hour≤3 h. The SO-SAR model results show that ULE is affected by the historical ULE, which presents a significant path-dependence effect. Moreover, the ULE in most local cities has a weak inhibition on the ULE of the surrounding cities where the connection criterion of accessibility is 1 h. However, the spillover effects of remote city’s ULE have a slight positive impact on local ULE due to the improvement of traffic accessibility from 2005 to 2015. In addition, openness, labor flows, institutional hierarchy, and economic structure had a significantly positive effect on ULE during the period 1990–2015 in the YREB. Policy reforms are suggested to encourage the development of integrated transportation and urban land use at a large regional scale in China. Moreover, there is a need for a mindset shift from cities competing competition over land to cooperation between the cities in YREB.     

Practice creation in multinational corporations: Improvisation and the emergence of lateral knowledge

Lateral collaboration across subsidiaries is beneficial for innovation in multinational corporations (MNCs), such as the creation of new organizational practices, because it helps working towards shared, rather than subsidiary-centric, objectives and creates new knowledge. To instill lateral collaboration, prior research has mainly focused on coordination mechanisms that rely on interpersonal exchanges among dispersed individuals across subsidiaries. However, due to rising concerns over coordination cost and sustainability of international travel, MNCs are increasingly challenged to search for other approaches that require less direct interpersonal interaction across subsidiaries. We, therefore, ask: How can MNCs elicit lateral collaboration during practice creation in a less space-time sensitive way? Drawing on a longitudinal case study, we develop a model of practice creation in MNCs. Our model offers two main insights. First, it details a novel approach for unleashing the benefits of lateral collaboration in globally-linked innovation processes in MNCs. In contrast to emphasizing coordination mechanisms that focus on interpersonal interactions across subsidiaries, our study contributes by detailing the emergence of lateral knowledge through a shared technological artefact as key enabler. Second, our model illuminates how MNCs can innovate new organizational practices that reflect both MNC and local subsidiary needs by adopting an improvisational approach.     

The interface of market and nonmarket strategies: Political ties and strategic competitive actions

We focus on corporate political connections as a critical nonmarket strategy and propose that political ties can facilitate firms’ strategic competitive actions but may also hurt the outcomes of such actions, depending on whether the ties are associated to central versus local political actors. Studying China's television manufacturers at the onset of deregulation and globalization, we find that central and local political ties have contrasting effects on firms’ competitive actions and their performance outcomes. To further shed light on theoretical mechanisms, we examine the impact of China's WTO accession on firm actions and contrast domestic-based and internationalization competitive actions.     

When and Why Do Good People Not Do Good Deeds? Third-Party Observers’ Unfavorable Reactions to Negative Workplace Gossip

Journal of Business Ethics - A small but growing body of research suggests that witnessing mistreatment affects third-party observers’ attitudes and behaviors. Based on the framework of...     

The role of context in SME internationalization – A review

This article reviews how context has been considered in studies on SME internationalization. It examines 333 articles published during the period 2010–2020 in leading international business, entrepreneurship, strategy and international marketing journals. It identifies their key findings, discusses the theoretical perspectives informing this literature, analyzes conceptual and methodological challenges, and suggests paths for theory development and future research. The review also provides a platform from which to address some of the limitations in international business [IB] theories when applied to SMEs, including organizational size as a boundary condition.