Impact of Outward Foreign Direct Investment on Chinese Manufacturing Firms' Financialization and Servitization

This study examines the impact of outward foreign direct investment (OFDI) on Chinese manufacturing firms' financialization and servitization. Using a difference-in-differences approach with propensity score matching, we found that OFDI encouraged firms' financial and service activities. The effects of OFDI on financialization were stronger for firms specializing in short-term financial assets, operating in labor and technology-intensive sectors, investing overseas to pursue production, resources and markets there, and investing in non-OECD and Belt and Road Initiative (BRI) countries. Meanwhile, firms investing overseas were more likely to provide services at the sale or postsale stages. Outward foreign direct investment has also boosted the service activities of firms operating in the technology-intensive sector by investing overseas to seek resources and markets, as well as investing in non-OECD and BRI countries. Finally, OFDI partially influenced the extent of financialization and servitization of firms by affecting their profit-making ability.     

企业国际化过程中知识能力形成与提升路径研究

基于动态能力理论，利用复制逻辑探讨了3个跨国企业在国际化过程中的知识能力构建过程。研究结果显示，知识能力包含知识识别、知识获取、知识利用和知识保护，4个要素在不同国际化阶段由于国际化目的、竞争环境不同而呈现出不同发展趋势。具体而言，知识识别由模糊目标搜寻型、关键目标搜寻型转变为目标增强型；知识获取方式由拼凑式、主动式转变为牵引式；知识利用模式由过滤式、拓展式转变为协同式；知识保护则从无到有，由法律型保护转变为技术壁垒型保护。知识保护四要素在不同阶段的变化组合构成了国际化进程中的知识能力上升路径，具体为雏形构造、拓展上升与集成整合。     

乡村振兴背景下河南省农业供应链应收账款融资发展研究

基于河南省4个省辖市农业供应链应收账款融资情况,研究发现,农业供应链应收账款融资整体呈全产业链发展态势;传统农业生产企业规模占比较大;质押模式为主,线上业务发展良好;跨区域融资缓解了异地厂商融资难;试点城市发展明显优于非试点城市.但也存在一些问题,如企业债务困境制约应收账款融资发展;贴合需求的金融服务和金融产品较少;农村金融机构服务农业供应链能力偏弱;农业供应链应收账款融资推进缓慢等.对此建议,以企业品牌为支撑提高战略发展水平,以创新为抓手探索应收账款融资新模式,以资产盘活为重点助力金融机构增强实力,以规范为标尺推动融资模式的建设和应用等.     

投影寻踪模型在行蓄洪区运用风险评价中的应用

将行蓄洪区运用风险评价指标体系应用于基于信息熵的投影寻踪模型,得到风险评价投影值。根据结果把淮河干流行蓄洪区运用风险等级分为4类,风险等级及分类区间从高到低依次为Ⅰ级,投影值≥4.16,包括4个蓄洪区和寿西湖、鲍集圩2个行洪区;Ⅱ级,投影值为4.10~4.16,包括汤渔湖等4个行洪区;Ⅲ级,投影值为3.90~4.16,包括香浮段等7个行洪区;Ⅳ级,投影值为0~3.90,包括邱家湖等4个行洪区。