Opportunity recognition and SME performance: the mediating effect of business model innovation

Opportunity recognition is vital for small and medium-sized enterprises (SMEs), but SMEs face challenges in capturing recognized opportunities. Given that opportunity recognition does not automatically lead to higher SME performance and that SMEs need to take appropriate actions to exploit recognized opportunities to achieve better performance, it is imperative to explore the mediators that enable SMEs to translate opportunity recognition into higher performance. This study proposes that business model innovation may be a key conduit through which opportunity recognition affects SME performance. Based on a dataset of 155 SMEs, we find that the positive relationship between opportunity recognition and SME performance is mediated by business model innovation. These findings not only aid SMEs in accomplishing the performance effect of opportunity recognition, but also provide some insights into the implications of business model innovation.     

陶土板幕墙施工工艺技术

陶板幕墙面板材质、颜色赋予浓厚的艺术和人文气息,因此在外立面设计中有很多建筑使用,本文结合陶板幕墙诸多优点及实际项目中施工的经验阐述陶板幕墙在工程中应用的技术要点.     

打开奖励的“薛定谔黑箱”:认知学派与行为学派的理论分野与整合

对经典激励理论的拉卡托斯批判揭示,在奖励与其行为结果之间横亘着一个社会心理"黑箱"。以Deci为代表的认知学派与以Eisenberger为代表的行为学派对奖励效果的论争长达二十多年。观点的对立不仅阻滞了理论的发展,也导致了实践者的无所适从。本文整合演化心理学和神经经济学观点,在厘清二者理论分野的基础上,从奖励的双重性和双路径动机性信息加工过程出发,引入角色知觉与认知框架,构建了一个整合的多路径模型,力图演绎和还原两种理论的冲突过程,并为整合和深化两种理论、提高奖励效果提出一系列假说。     

从词汇史看?木兰诗?的语言年代

从语言上看，?木兰诗?非北朝时所产生，很可能成诗于唐代前期。?木兰诗?中的很多词语都可见于唐代文献，如“鞍鞯”“点兵”“惊忙”“儿”“地”“爷娘”等。这些唐代新词在诗中出现比例较高，是该诗成诗于唐代的较好脚注。     

陇东地区农村土地流转中农民权利保障问题探析

在农村土地流转中,如何保护农民的土地权利和利益关系到陇东地区农民生活质量的提高和农村社会的稳定。本文主要分析了陇东地区农村土地流转中农民享有的基本权利以及权利受损的状况,提出保护陇东地区农村土地流转中农民利益的措施。     

Venture capital,innovation, and growth: evidence from Chinese metropolitan data

Using panel data from 282 Chinese cities from 2003 to 2015, we estimate the impact of venture capital (VC) on innovation, employment, and payroll in metropolitan areas. Controlling for endogeneity, VC investments are significantly positively related to metropolitan innovation, employment, and payroll in a fixed effects panel regression and dynamic GMM estimation. Using the number of IPOs (Initial public offerings) in the city as an instrumental variable to again control for endogeneity, VC remains significant. Our results show that VC is significantly contributing to the metropolitan economy as a whole by supporting innovation, creating jobs, and generating wealth in the local cities.     

Does economic policy uncertainty raise corporate precautionary cash holdings? Evidence from China

Using China as the research setting, this paper investigates the relationship between economic policy uncertainty and corporate precautionary cash holdings. Empirical results show a U-shaped relation between economic policy uncertainty and corporate precautionary cash holdings. Empirical analysis, in terms of ownership structure, firm size, corporate competitiveness and geographical location, further shows that (i) the effects for economic policy uncertainty in both state-owned and non-state-owned enterprises are significant, but the effect is stronger for state-owned enterprises; (ii) such significant effect is also found more strongly in small and medium-sized enterprises and highly competitive enterprises; and (iii) the effects for eastern, central and western China are all statistically significant, but the effect is strongest for eastern China.     

Back to the future. Is industry 4.0 a new tecno-organizational paradigm? Implications for Latin American countries

ABSTRACT

The objective of this article is to establish a dialogue between the recent ‘Industry 4.0’ (I4.0) literature and evolutionary neo-Schumpeterean studies about techno-organizational paradigms. In that direction, we wonder whether I4.0 constitutes a new paradigm, as it is assumed by the first group of literature, or it represents – until the moment – an intensification of key features of the information and communication technology (ICT) paradigm, following the second group of studies. Some questions are raised about the implications of I4.0 for developing countries (DEC), afterwards. Specifically, we reflect on the possibilities of these countries to identify and take advantage of new windows of opportunity, opened by the development and diffusion of these technologies. In this regard, the review of recent Latin American experience raises strong concerns regarding I4.0 as a new source of intra- and international heterogeneity, linked to the severe difficulties these countries have in appropriating these technologies in the form of productivity gains and quasi-rents. It seems that this is partially derived from weak technological, organizational, and connectivity capabilities paths of accumulation between institutions and actors.     

Spontaneous economic order

This paper provides attempts to formalize Hayek’s notion of spontaneous order within the framework of an Arrow-Debreu economy. Our study shows that, if a competitive economy is sufficiently fair and free, a spontaneous economic order will emerge in long-run competitive equilibria so that social members spontaneously occupy an unplanned distribution of income. Despite this, the spontaneous order may degenerate in the form of economic crises whenever an equilibrium economy approaches the extreme competition. Remarkably, such a theoretical framework of spontaneous order provides a bridge linking Austrian economics and neoclassical economics, where a truth begins to emerge: “Freedom promotes technological progress”.     

地铁盾构隧道施工监理控制要点

城市化水平日渐提高的过程中,农村人口向城市人口的大量涌入加大了城市原有交通的压力,为提升城市交通现代化水平,一些大中型城市都在积极兴建地铁项目,因为地铁项目建设更多地以地下作业为主,整个施工作业中面临着很多的技术难题.对此,强化全过程的施工监理尤为重要.盾构施工法在地铁隧道施工中最为常用,为促进盾构隧道质量与安全目标的实现,工程企业应加强施工监理.本文分析地铁盾构隧道施工监理的控制要点,对发挥监理作用、提升工程效益具有重要的意义.