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1.
Commoditization erodes the competitive differentiation of companies and often leads to a profit squeeze. Existing literature recommends the transition from basic product offerings to service-based value concepts in order to regain competitiveness in such a context. This paper explores the concrete efforts of suppliers in the commoditized electro-technical industry to create new non-price-based customer value. In this paper, a taxonomy of efforts is developed which builds on the competitive strategy and strategic marketing literature. Our research identifies barriers to the market introduction of these new value concepts. Observations in this industry lead to a framework that (1) proposes alternative step-by-step strategies for making the transition from basic products to service-based solutions, and (2) offers alignment suggestions for overcoming identified barriers. Migration paths to introducing new service-based value concepts are incremental rather than radical, and managers should complement their market approach with (a) value chain actions to create multilevel industry support and (b) an organizational alignment approach.  相似文献   

2.
Venture capital in China: Past,present, and future   总被引:2,自引:6,他引:2  
This article reviews the literature on venture capital in China and examines where China’s venture capital industry has been and where it is likely to go in the future. Since the 1980s, venture capital in China has grown steadily alongside the robust national economy. The future is likely to offer even greater opportunities, as entrepreneurs are encouraged and property rights improve. However, there will also be a period of transition as the market continues to mature and as new legal structures and commercial arrangements emerge. Venture capital in China has many interesting differences from that in Western countries. The venture capital industry is shaped by the institutional context and China is no exception to this. This article also examines some specific differences between the system in China and that of the United States. Future prospects for venture capital are also appraised as China continues its transition to a market economy.
Kuang S. YehEmail:

David Ahlstrom   (PhD, New York University) is a professor in the Management Department at The Chinese University of Hong Kong where he has taught for 11 years in international management and human resources. His research interests include international management and entrepreneurship in emerging economies. Professor Ahlstrom has published over 50 refereed articles in publications such as The Academy of Management Review, the Journal of Business Venturing, and Asia Pacific Journal of Management where he is currently a senior editor. Garry D. Bruton   (PhD, Oklahoma) is a professor of entrepreneurship at the Neeley School of Business at Texas Christian University. His research focuses on entrepreneurship in emerging markets. He has published over 50 academic articles in journals such as The Academy of Management Journal, Strategic Management Journal, and Asia Pacific Journal of Management. Professor Bruton has also co-authored two textbooks published by Thomson-Southwestern. He is currently an associate editor of the Academy of Management Perspectives and is a senior editor of the Asia Pacific Journal of Management. Kuang S. Yeh   (PhD, Carnegie Mellon) is a professor and chairman of the Department of Business Management at the National Sun Yat-Sen University in Kaohsiung, Taiwan. His areas of interest are in organization theory, corporate governance, business ethics, and entrepreneurship and venture capital. Professor Yeh has published in journals such as the Journal of World Business, International Business Review and a number of academic journals in Taiwan. He is currently studying issues of firm growth and change in China’s and Taiwan’s private enterprises.  相似文献   

3.
In business practice and the academic study of logistics, the incorporation of concepts such as quality followed by value has been truly revolutionary. In addition, the use of information and communication technologies (ICT) has substantially modified the way inter-company relationships are managed. This has meant that logistics is no longer considered a routine, merely operational activity but a strategic variable which is a deciding factor in achieving customer satisfaction. There are, however, still a large number of companies which continue to ignore the differentiating potential of logistics and consider it to be a routine activity. Our contribution comes within the framework of this new perspective which is analysed on the basis of an emerging concept: logistics value. The objective of this study is to contribute to the knowledge on what logistics value consists of and how it is formed, in business to business (B2B) relationships in particular. On the basis of a theoretical framework obtained from the literature review of perceived value from a trade-off perspective, we carry out an empirical analysis to determine the antecedents and consequences of logistics value. Our results, through SEM analysis show that ICT, the benefits derived from supplier-customer relationship, logistics service quality and the sacrifices associated to logistics service delivery in terms of costs, contribute to creating logistics value which is the antecedent to the classic satisfaction-loyalty chain.  相似文献   

4.
This paper is designed to empirically examine what determines the performance of Korea's foreign direct investment (FDI) in China. Three main determinants are hypothesized to influence the performance of Korea's FDI. They include technology, internationalization experience, and ownership patterns associated with Korea's investments in China. Data were collected from surveys with 91 Korean investors. Our empirical analysis suggests that the labor intensity of technology involved in FDI and the appropriateness of manufacturing technology to the local conditions influence the investment performance. In addition, the results indicate that the internationalization experiences of the Korean investors also affect the profitability of FDI. Another finding of note is that the level of local ownership had a positive impact on performance. But, more interestingly, its effects were moderated by the investor's prior internationalization experiences; in other words, the investors with limited internationalization experiences performed well on a minority ownership venture.  相似文献   

5.
Mobile telecommunications is a global and complex industry containing many actors. However, relatively little research has been undertaken into explaining its structure. With this in mind, the objective of this paper is twofold: first, to map the structure of the mobile telecommunications industry and, second, to use this mapping exercise to highlight the data collection issues that are frequently encountered. Through outlining one particular approach to data collection, the paper argues that researchers need to be careful when constructing datasets and wary when relying on those provided by others. By mapping the structure of the mobile industry, the paper highlights a series of key issues in data collection and trends in operator and market structure.  相似文献   

6.
We review inventories in mainland China by evaluating the trajectory of aggregate inventories in recent decades, and then modelling the relationship of inventories in some 300,000 manufacturers with respect to volume (using cost of goods sold), industry (using SIC codes), and geographical location (using the 31 regions of China). We find that inventories generally exhibit economies of scale (in terms of cost of goods sold) in all but one industry (tobacco), and differ widely by province, with relatively high inventories in remote regions.We provide explanations for apparent diseconomies of scale for large unlisted firms, and reflect on why publicly listed manufacturers have significantly higher inventories than do unlisted firms. We note that manufacturing inventories as a proportion of manufacturing value-added are substantially higher in China than in the US The results may be employed for benchmarking and auditing of firms and managers, as well as for conducting due diligence for investment, mergers and acquisitions.  相似文献   

7.
Because reverse auctions hold high promises, it has become a popular tool in the past several years. One estimate is that as much as US$50 billion worth of goods may be purchased with reverse auctions in 2001. However, risks exist with reverse auctions. To better understand purchasers' motivation for using reverse auctions, what they perceive as the risks and the conditions required for successful use, interviews were conducted with 41 purchasing professionals who had used reverse auctions. The interviews revealed three primary motivations, three perceived risks and four conditions for success. The conditions required for success are: (1) the product or service specifications must be clear and comprehensive, (2) the purchase must be large enough to provide an incentive for the supplier to participate in the auction, (3) the appropriate supply market conditions must exist, and (4) the appropriate infrastructure must exist within the buying organization.  相似文献   

8.
Y.Y. Kueh 《Food Policy》1984,9(3):219-231
Because organic fertilizer is limited, chemical fertilizer supply has to be increased drastically in the next few years if China is to cope with accelerated demands for foodgrain. Nevertheless, the combined application of both types of fertilizer has yielded a coherent trend of constant returns to scale over time. With marginal and average response rates remaining high, there is still room for increased use. Thus, the recent decentralization has led to higher demand for chemical fertilizers from Chinese peasants. However, it is doubtful whether such demand pressures will ever prevail over the established strategy of maximizing growth of heavy industries.  相似文献   

9.
彭力 《国际石油经济》2011,(8):65-69,111
总结了目前企业安全生产管理存在的七个有代表性的问题,并提出了解决思路或建议。安全责任制不仅仅是安全部门的职责,需要从各个方面加强安全管理。建议:1)把传统安全管理和HSE体系管理紧密地结合起来,使HSE体系管理增加可操作性和有针对性的内容;2)改进现有的反违章工作的方法,从根源上查找事故发生的原因;3)建立奖罚结合的事故防范机制,既要对事故责任进行追究,更要鼓励广大员工积极发现安全隐患;4)安全大检查不等于HSE体系审核,安全检查的内容要按照HSE体系的规范方法进行;5)安全工作重在落实,要加强对落实情况和问题整改的检查;6)明确各级安全检查的不同目的,事先进行安全检查策划。  相似文献   

10.
近年来,随着我国食品饮料行业的快速发展,与之配套的食品包装机械业也以强劲的势头迅猛发展,业界都对该行业的发展充满信心,有分析人士认为,它将是推动我国经济持续快速发展的又一“增长点”。  相似文献   

11.
《Telecommunications Policy》2014,38(10):914-932
This article analyzes the engagement of Japanese, Korean and Chinese participants in the development of Internet standards at IETF on the basis of four quantitative metrics: attendance, patenting, authorship and leadership. The results are strikingly divergent. Japanese involvement in Internet standardization began early and Japan was, for many years, second only to the U.S. in terms of IETF participation. Though Japanese participation has declined since the early 2000s, Japan remains a major contributor to IETF standardization. Korean involvement in IETF has always been significant, but below the levels of Japan and major European countries. Korean participation in IETF has also declined over the past decade, and has been dominated by one firm, Samsung. Though meaningful Chinese involvement in IETF did not begin until the mid-2000s, it has rapidly expanded in recent years. Today, China is a major player in numerous areas of Internet standardization in terms of three metrics (participation, patenting and leadership), and is rapidly gaining in terms of document authorship as well. Most of China׳s recent IETF involvement can be attributed to Huawei, though other Chinese firms have recently begun to increase their participation in the organization. Thus, contrary to some views that China׳s engagement with standardization is primarily one of indigenous innovation and “catching up”, China׳s experience with IETF demonstrates deliberate and effective engagement with a major Western standards-development organization on its own terms.  相似文献   

12.
This study is concerned with transitional gender roles and relations, illuminated through an examination of the status of women in China from the Mao era to the post-Mao era. The study reveals that the socialist state has maintained a high degree of control over gender construction in order to legitimise its historical achievement of revolution and liberation, assuming given gender identities within the official discourse of socialism. Liberation meant creating a fundamentally new and more democratic socialism within a male hegemony. This is derived from the core philosophy Confucianism in which human role relations are cultivated and developed within a male-centred world. Consequently, this discourse opens up an authoritative normalisation process that hinders women's progress in the state, in the household and in organisations. Women's new identity involves aspects of biologically given features, internalisation of the patriarchal family and social relations. Collective relational construction therefore emphasises the feminine/maternal principles of identity, denouncing separation and independence. This phenomenon seems to be pushing the whole of gender politics in China back towards more traditional sex role differences and power imbalances.  相似文献   

13.
This paper empirically investigates the relationship between contractual arrangements and their enforcement in Chinese agriculture. Based on an analysis of a survey of 100 agribusiness firms engaged in contract farming in Zhejiang province of China, we find that private contract enforcement mechanisms play an important role in influencing smallholders’ decisions to breach or fulfill contracts. Contract arrangements such as floor pricing, or requiring smallholders to make specific investments facilitate self-enforcement and significantly improve the smallholder’s contract fulfillment rate. This is particularly important in Chinese agriculture since the business environment is characterized by an absence of effective public enforcement institutions.  相似文献   

14.
A consistent theme in cross-cultural management research is that collectivists are more cooperative than individualists. We use Hofstede's measure for individualism–collectivism and combine it with an experimental measure of cooperation to test this relationship in China. In contrast to the established paradigm, we find that groups with higher individualistic scores are more cooperative than those groups with higher collectivistic scores. We attribute these results to groups being composed of outgroup members. In addition, we find that subjects from the more developed coastal area are more individualistic and cooperative than are subjects from inland China.
Bradley J. KochEmail:

Bradley J. Koch   , PhD, is a Teaching Fellow at Nanyang Technological University. His research is focused on China where he studies a variety of topics including cognitive institutional environments, foreign direct investment, social capital, gender, and Internet and society. Pamela Tremain Koch   , PhD, is an Assistant Professor in the School of Communication and Information, Nanyang Technological University. Her current research is focused on organisational communication, conflict management, internet, work, and society as well as information communication technologies and development.  相似文献   

15.
201a年1月至7月,欧盟RAPEX系统发布对中国产品通报(不包括中国台湾和香港地区)773例,其中玩具被通报数量最多,共320例,约占对中国通报总数的41.4%,同比增长73.g%,牢牢占据通报榜的首位。  相似文献   

16.
Venture capital in China: A view from Europe   总被引:1,自引:1,他引:1  
This article provides commentary on the analysis of venture capital in China by Ahlstrom, Bruton, and Yeh (Venture capital in China: Past, present, and future. Asia Pacific Journal of Management, 2007). The article considers issues relating to the scope of venture capital and private equity, the nature of venture capital and private equity organizations, the life-cycle process of VC investing, internationalization, and foreign venture capital firms. The paper identifies areas for future research and compares the Chinese VC context with those in Western Europe and Central and Eastern Europe.
Mike WrightEmail:
  相似文献   

17.
计量认证评审过程中的难点及应对措施   总被引:1,自引:0,他引:1  
计量认证评审工作是一项政策性和专业性都很强的执法过程,本文从评审员的角度阐述了当前水利系统工程类计量认证工作中的三大难点并提出了建议及解决办法。  相似文献   

18.
Firms in transition economies face a common adaptation problem of having to compete within increasingly marketized environments. This creates a need for managers to learn skills associated with marketing, such as those pertaining to the development of new and better products. Although distance is usually a barrier to learning, we propose that in exchange situations involving transition economy firms, the benefits of long-distance trade may outweigh the costs of knowledge acquisition. We find support for this proposition in this study by establishing a link between the export intensity of Chinese exporters and their acquisition of marketing know-how. We also find evidence that the marketing knowledge of transition economy firms has a positive effect on overall performance.  相似文献   

19.
天然气与中国能源   总被引:6,自引:0,他引:6  
近年来中国能源工业发展很快,2000年能源生产总量为1090Mt标准煤,能源消费量为1280Mt标准煤,目前在我国的工业生产中突出的问题是:一是能源高,能源经济效益差;二是环境污染严重,天然气是清洁原料,具有良好的发展前景,应大力开发利用天然气,来改善和优化能源结构,促使能源结构从低效高污染型向高效清洁型转变。  相似文献   

20.
The purpose of this study is to examine the relationships between resource, logistics service capability, innovation capability and the performance of Taiwanese container shipping service firms based on the resource-based view (RBV). A structural equation modeling (SEM) approach was employed to test the research hypotheses. Results indicated that resource had a significant positive effect on logistics service capabilities and innovation capabilities. In addition, the findings indicated that logistics service capability had a positive effect on the performance of container shipping service firms. However, resource and innovation capability were not found to have significantly positive effects on firms’ performance. Theoretical and managerial implications of the research findings for container shipping service firms are discussed.  相似文献   

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