中国期货市场:过度供给和过度需求下的监管选择

监管经济学认为,监管是受基本供求关系影响的一种产品。我国的金融管制目标、期货市场内生性、法律不完备性、投资者非理性等造成过度监管供给,对期货的负面意识、对微观基础不信任等造成过度监管需求。供给和需求的双重影响决定了我国期货市场的从严监管导向。因此,自1999年以来,我国期货市场的监管一直侧重于规范,而不是发展。     

我国智能语音行业专利战略研究———以科大讯飞为例

智能语音产业作为我国七大战略性新兴产业之一,是软件产业中为数不多掌握自主知识产权并处于国际领先水平的领域,一直受到国家各级主管部门高度重视,已被列入多项国家科技发展规划和政策支持领域。通过选取中文语音市场份额最大的科大讯飞作为研究对象,并对其进行竞争优势和劣势分析,提出了我国"基础性专利向前发展扩张+应用性专利向后设立壁垒"的思路,以及探讨战略实施过程中构建专利联盟、绘制专利地图、建立专利预警机制等具体策略。     

Fashion retailing and the bottom line: The effects of generational cohorts,gender, fashion fanship,attitudes and impulse buying on fashion expenditure

This study examines the influence of demographic (e.g. gender and generational cohort) and psychographic (e.g. fashion fanship, attitudes and impulse buying) drivers on frequency and levels of expenditure on fashion purchases. Using regression analysis, the results suggest that for weekly and monthly expenditure, gender and fashion fanship were significant influences, while for yearly expenditure, gender and impulse buying were significant. Attitudes towards fashion had no significant influence on expenditure. Females purchase more often and were significantly different from males on yearly expenditure, fashion fanship, attitudes and impulse buying. Generation Y is higher on purchase frequency, fashion fanship, attitudes and impulse buying compared with other cohorts under investigation.     

面向过程控制的流程绩效评价模型及其应用

流程决定客户满意度,客户满意度决定企业竞争的有效性,由此,对流程运作效能的评价成为企业竞争战略实施的基础性保障。传统的流程绩效评价存在纵横向和宏微观两大矛盾,使得以评促改、加强过程控制的目标难以实现。本文在对国内外流程绩效评价理论和模型进行综述的基础上,提出一套面向过程控制的流程绩效评价模型,对其实施方法进行了具体阐述,并以一家第三方物流企业的流程绩效评价过程为例,阐述了该模型的实际应用方法。     

中小企业融资与国有商业银行发展

中小企业融资难问题已引起越来越多的关注。本文通过分析认为,国有商业银行并非天然地就不愿意给中小企业贷款。相反,国有银行只有抓住中小企业这块市场,才能保持发展和持续的竞争优势。文章对此提出一些意见和建议。     

New energy vehicle online selection method considering attribute compensation relationship and aspiration strength

With the development of information technology, online trading platforms for new energy vehicles, represented by Autohome.com, provide individualized decision-making support services for consumers. Considering that consumers often have different attribute requirements when deciding to buy a new energy vehicle. From the requirement information, we can derive the consumers' individual preferences for attribute compensation relationships. This relationship may also indicate, to some extent, that consumers have different strength constraints on different attribute requirements, i.e. aspiration strength. Therefore, to adjust consumers' attribute aspirations and select more products that satisfy consumers’ requirements, this paper investigates how to derive aspiration strength based on the attribute compensation relationship provided by consumers. Specifically, we first define a functional mapping relationship between the attribute compensation relationship and the aspiration strength. According to the mapping relationship, we obtain the aspiration strength. We can change the attribute aspirations based on aspiration strength. Furthermore, attribute compensation relationships are considered to compensate for the product attribute performance. Based on this, we design a new online selection method for new energy vehicles. Finally, a case study of Autohome.com is proposed to verify the effectiveness of the method. We use comparative analysis and random number experiments to demonstrate its robustness and necessity.     

How to inspire users in virtual travel communities: The effect of activity novelty on users’ willingness to co-create

Virtual travel community managers tend to incorporate a degree of novelty within activity design to foster interaction between users. Little is known of how users respond to these novel activities. Based on customer inspiration theory, this research investigated the mechanisms of activity novelty on users' willingness to co-create and the moderating effect of user regulatory focus and activity goal attainability. Results of three scenario-based experiments revealed that activity novelty positively influenced users’ willingness to co-create via user inspiration. Promotion-focused users were more inspired by novel activities and in turn had a higher willingness to co-create than those were prevention-focused. When activity goal attainability was high (vs. low), the positive effect of activity novelty on inspiration was attenuated. We present the theoretical and practical implications of activity design within virtual travel communities.     

Does environmentally responsible purchase intention matter for consumers? A predictive sustainable model developed through an empirical study

Rapidly increasing demand for eco-friendly products is an example of responsible purchasing intention of customers. That responsible behaviour forces businesses not only to understand their responsible purchase intention, but also helps them to sustainability in the market for the long term. In this regard, very little discussion is available in current literature, especially in the context of apparel product consumption. Therefore, to contribute to literature in this field, this work aims to build a predictive sustainable model through an empirical study to examine the relationships among different factors such as attitude, social norms, perceived behaviour control, environmental consciousness, willingness to pay (WTP) premium and consumer purchase intention for environmentally friendly apparels. The data of two hundred and thirty-two respondents were analysed by structural equation modelling (SEM). With the help of the findings, it can be concluded that Indian consumers are aware of green apparels, have a positive attitude to them and show a responsible purchase intention to protect the environment. This is in contrast to the old saying that Indians are price sensitive given the emergence of higher WTP premiums for green apparel products. Other factors such as subjective norms, perceived behaviour control and environmental consciousness are also positively affecting consumer purchase intention. From the study findings, retail managers can benefit through more focused strategies for environmental protection to make a reduction in apparel material while educating their consumers about green apparel.     

How does the turnover of local officials make firms more charitable? A comprehensive analysis of corporate philanthropy in China

Building on institutional theory, this study investigates the impact of local officials' turnover on corporate philanthropy in China. Using data from Chinese listed firms from 2000–2015, we find that when city-level officials are replaced, firms increase the amount of money they donate. We also note that such positive relationship is stronger when the turnover of a local secretary is unexpected or when the firm experiences stronger performance than in the prior year. Further in-depth analysis shows that the positive impact of the turnover of local officials becomes more salient when firms have high levels of state ownership.     

基于研发模型认知的中美日政府基础研究

二战后，美国受布什研发线性模型的影响，极其重视基础研究，认为加大基础研究投入，最终将获得更多科技成果产出，并一直持续至今。20世纪70年代，日本受司托克斯总结的巴斯德象限影响，更多地重视应用引起的基础研究投入，在科技产出上获得快速突破。当前，我国更应该重视新巴斯德象限的作用，加大对基础研究的投入与政策倾斜，注重以新型研发机构或企业为载体的契约式、商品化基础研究，助力我国在原始创新上获得新突破，破解美国“贸易战”对我国高科技领域的封锁。