What they know vs. what they do: how acquirers leverage technology acquisitions

Existing research suggests that in acquisitions of small technology‐based firms by large established firms post‐merger integration both enables and hinders acquirers' efforts to leverage the technology of acquired firms. This apparent paradox can be resolved once we account for the qualitatively distinct ways in which acquirers leverage technology acquisitions. Integration helps acquirers use the acquired firm's existing knowledge as an input to their own innovation processes (leveraging what they know), but hinders their reliance on the acquired firm as an independent source of ongoing innovation (leveraging what they do). We also show that experienced acquirers are better able to mitigate the disruptive consequences of the loss of autonomy entailed by integration, though we find no evidence that they achieve greater coordination benefits from integration. Copyright © 2007 John Wiley & Sons, Ltd.     

中国——东盟贸易自由化中的税收竞争与协调

中国和东盟国家同是发展中国家,为吸引外资发展本国经济,长期以来都采取了税收优惠等税收竞争手段。目前,中国——东盟自由贸易区正在构建,并已进入了“早期收获”阶段。本文主要围绕中国——东盟贸易自由化进程中各方利益的博弈和国际税收竞争与协调这两大因素,就自由贸易区建成前后的两个阶段,分析中国和东盟国家在吸引外资方面的税收竞争的影响,并认为在贸易自由化启动后,中国和东盟国家应走竞争与协调相结合之路。     

British export market selection and pricing

The existing literature favors key market concentration in exporting, but the results of a recent survey of industrial exporters in the north of England show that the key market argument is weak both on logical grounds and in empirical support. There is an alternative strategy—market spreading—supported by various company, product, market, and marketing factors. The need is for situational analysis, not general theories. This article also addresses the key issue of export pricing—the most highly rated marketing variable in exporting. It is seen that whereas many of the popular criticisms of exporters are apparently unfounded, there are some problems of policy consistency, particularly in responding to floating currencies. These are especially serious in view of the high emphasis placed on price competitiveness in exporting.     

论国有企业转变机关作风提高机关效率建设

国有企业担负着经济责任、社会责任和政治责任,因此,国有企业机关既有别于政府部门机关,又有别于一般企业行政部门机关。文章结合笔者所在单位的机关特点,从如何认识机关作风建设的重要性和必要性引出机关作风建设应坚持＂三个面向＂,体现＂四个一流＂,以及从多方面阐述落实机关作风建设的具体措施。     

Russian Companies in the Forthcoming EU Member States

SUMMARY

If serious problems of business ethics plague and continue to plague the way business is conducted within Russia, the internationalization of Russian companies puts forward the problem of what business culture they bring along and what impact it may have on the recipient country. This article focuses on the case of Lukoil investments and operations in Bulgaria. It describes the main factors forming the contemporary Russian business culture and highlights the negative features that could be feared from the point of view of the country receiving Russian investments. Later the paper tries to analyze the operations of Lukoil in Bulgaria and investigate if there is reason to suspect a negative business culture spillover.     

The influence of colour on visual search times in cluttered environments

Fifty subjects participated in a series of visual search tasks where the aim was to explore the influence of colour on visual search times for targets situated in a series of cluttered distractor fields. The results supported previous findings regarding the effect of colour and showed that, even in cluttered environments, certain hues helped in the reduction of search times. The findings also indicated that there were interaction effects between the colour and positioning of the targets in the distractor fields.     

Firm Resources and Corporate Venturing Investment

Corporate venturing (CV) in which established firms invest in new entrepreneurial businesses involves identifying opportunities and creating new combinations of resources to seize opportunities. Moving beyond literature that has focused predominantly on the consequences of CV, we adopt a resource‐based view to examine how knowledge‐based and organizational‐slack resources relate to the level of firm CV. The implications of the findings for future research are discussed. Copyright © 2011 ASAC. Published by John Wiley & Sons, Ltd.     

Self‐regulation through Goal Setting*

Goals are an important motivator. But little is known about why and how people set them. We address this issue in a model based on two stylized facts. First, goals serve as reference points for performance. Second, present‐biased preferences create self‐control problems. We show the power and limits of self‐regulation through goals. Goals increase an individual's motivation—but only up to a certain point. Furthermore, they are painful self‐disciplining devices. Thus, greater self‐control problems may result in tougher goals; but for a severe present bias goals either lack a motivating force, or are too painful to be accepted.     

城乡一体化进程中城市二代移民的社会诉求与应对

城乡一体化发展进程中城市二代移民是一个庞大的社会群体。了解他们的诉求,从政策与实践上作出应对,切实维护他们的合法权利,是统筹城乡发展的根本要求,也是贯彻落实科学发展观的根本体现。通过对城市二代移民的生存境遇的阐述,以解读其社会诉求,并提出了相关对策建议。