中国制造业的市场集中、地理集聚与企业绩效

本文研究我国制造业的市场结构与地理分布对企业全要素生产率的影响.以中国工业企业数据库的大样本数据为基础,采用LP法计算企业生产率,构造市场集中度指标和地方化经济、城市化经济两个集聚指标,进行了多方位的计量检验.研究结果表明,制造业的市场集中不利于企业生产率的提高,代表专业化水平的地方化经济促进了企业生产率的提升,度量行业间多样化集聚的城市化经济对企业生产率没有显著的影响.市场集中对出口企业的负面影响不明显,控制市场集中和地理集聚后,出口企业生产率高于非出口企业,出口的“生产率悖论”并不存在.     

创业情境下管理强度与创业绩效关系探讨:团队合作的中介效应

创业活动以其良好的经济与社会效益越来越受到重视,创业过程的核心是创业要素之间的动态匹配。为诠释创业理念在创业者和创业成员之间的匹配,结合创业者特质和成熟企业管理制度演化两种理论视角,提出了创业情境下管理强度的概念,并构建了其与团队合作、新创企业绩效之间的理论模型。通过107份预测试问卷和171份正式问卷进行实证分析,结果发现:创业管理强度可以被划分为独特性、统一性、共识性3个维度;创业管理强度对创业企业绩效具有显著正向影响,这种正向影响机制可以从团队合作方面得到解释,即团队合作在创业管理强度和创业企业绩效之间发挥中介作用。     

环境不确定下企业孵化网络治理机制对治理绩效影响研究

从企业孵化网络本身以及环境视角分析了企业孵化网络治理绩效的影响因素,通过企业孵化网络治理机制对治理绩效关系的实证分析,验证了环境不确定下企业孵化网络的契约治理机制、管理治理机制对治理绩效的影响。结果表明:企业孵化网络治理机制中的契约治理机制、关系治理机制对治理绩效具有正向调节作用;环境不确定性会扩大或缩小治理机制对治理绩效的作用强度。企业孵化网络在高市场不确定性环境下,采用关系治理机制的绩效较好;在高技术不确定性环境下,采用契约治理机制的绩效较好。     

The effects of activity and geographic diversification on performance: Evidence from French financial institutions

Our paper studies the impact of activity and geographic diversification on financial institution's performance. These diversification strategies are complementary in generating performance and may provide important implications. Moreover, we investigate the interaction between these two strategies. Our dataset comprises 4532 years observations over the period of 2002 to 2012 and covers 412 French financial institutions. We find a negative relationship between diversification and performance. However, this relationship is significantly positive when institutions implement a dual diversification strategy. In this paper, we propose a classification of French financial institutions. For generalists’ banks and cooperative banks, we find similar results to those of the entire sample. Furthermore, for specialized financial institutions, the relationship is positive and significant. Our findings are robust to the potential endogeneity problem and to measures of diversification and performance.     

创新驱动先前实践对建设目标的影响

基于各省出台的创新型省份建设方案，运用省级政府面板数据，实证研究了创新型省份建设对预期建设目标的影响。结果发现，创新型省份建设仅对可操控程度较高、完成难度较低的建设目标具有显著影响，而对可操控程度较低、完成难度较高的建设目标无显著影响；高强度激励对建设目标实现的影响作用较大。公开建设方案、科学设定建设目标、促进多部门参与、建立监督和评估机制是改进创新型省份建设和推进创新驱动发展战略实施的重要突破口。     

How and when do firms translate slack into better performance?

Many studies have tested the impact of organizational slack on performance, and yet little is known about how managers make use of slack, and in what circumstances it is most beneficial. We show that the managers of firms with higher levels of slack tend to overinvest, which will have a negative impact on performance, but at the same time they may innovate, which will subsequently have a positive impact. Our results also indicates slack is more beneficial when the firm has many profitable investment opportunities. We show that different types of slack influence performance differently, the total effect of available slack on performance being positive, whereas that of recoverable slack on performance being negative.     

Critical success factors for the sustainability of Kaizen event human resource outcomes: An empirical study

Kaizen events have been widely reported to produce positive change in business results and human resource outcomes. However, sustaining or improving upon the results of a Kaizen event over time can be difficult for many organizations and has received limited empirical research attention to date. This paper identifies the factors that most strongly influence the sustainability of work area employee attitudes and commitment to Kaizen events based on a field study of 65 events in eight manufacturing organizations. The findings also present guidelines for organizations and areas for future research.     

The integration substitute: the role of controls in managing human asset specificity

As the integration solution to the problem of specific assets cannot be replicated on human asset specificity because slavery is illegal, economic theory states that control systems substitute for integration through a balanced structure to help align diverse interests. To understand the intricate design features of the balance, we examine a case‐study firm. For low human asset specificity, the restriction and segregation of usable decision rights link with standards. However, incentives are traced to individuals only to the extent task deviations do not create relevant future costs that are difficult to be self‐corrected. For high specificity, incentives are related to outputs rather than outcomes, because outcome variations reduce the attractiveness of maintaining the balance. Subjective assessment is used as an efficient alternate ‘balancing’ solution and decision control is shared when available subjective data are inadequate.     

Risk-taking behavior of technology firms: The role of performance feedback in the video game industry

This study focuses on what drives technology-driven companies to engage in risk-taking behavior by serving new markets. Building on the behavioral theory of the firm and prospect theory, this study suggests that technology-driven organizations tend to respond to past performance rather than future possibilities. Using a sample of 5312 video games from 362 game developers, the results reveal that market performance trend and market performance variability have opposing effects on risk-taking behavior: while a positive market performance trend negatively influences a company's tendency to venture into new markets, a high-degree of market performance variability tends to positively influence new market entry. The study also finds opposite results for expert performance trend and expert performance variability: companies with consistently positive expert evaluations are more likely to enter into new markets, while variability in expert evaluations has a negative effect on new market entry. Furthermore, the effects of expert performance trend and variability are conditional on market performance trends. Finally, the results suggest that companies that venture into new markets tend to choose relatively similar markets if these companies are suffering from a negative market performance trend or a negative expert review trend.     

The international diversification-performance link in Spain: Does firm size really matter?

This study provides new insights into the link between international diversification and firm performance in a sample of large manufacturing firms and SMEs based in Spain for the 1994–2008 period. Specifically, the focus is on how the nature and shape of this relationship may vary over time with firm size. The results show the existence of a horizontal-S curve when the whole sample of firms is considered in the empirical analysis. However, major differences are found between SMEs and large firms, and even within the actual group of SMEs. Strong support is found in large firms for the existence of a horizontal-S curve. Within the group of SMEs, there are small firms with a linear and negative relationship, whereas medium-sized firms record a U-shaped form. These findings suggest that as the international diversification-performance link is size-dependent, future research should explicitly consider firm size in order to better understand the nature of this relationship.