行业视阈下企业“并购或联盟”的选择偏好研究

企业并购和联盟的行为并不仅仅是特定的企业层面的问题,很多行业内都出现了大规模并购或联盟的风潮,这已成为了一种显著的行业性现象。在一个既定的行业中,大部分的企业都面临着相似的技术要求和市场态势。行业对于企业选择其外部成长战略的偏好有着重要的影响。在本文中,作者将提出三个行业层面的影响维度,通过两分法,将行业分为八种情景,分别讨论在不同行业情景下企业对兼并收购或战略联盟的选择偏好。     

以特色产业打造现代城镇形象

在市场经济条件下 ,城镇之间的竞争 ,往往最终体现在特色之间的竞争。塑造城镇特色 ,最理想的办法还是用产业来打造特色城镇 ;本文论述了以产业打造特色城镇的步骤和以产业打造特色城镇需要重视的问题。     

我国大城市郊区化与汽车产业的发展

在我国大城市出现的郊区化现象与西方发达国家具有若干相似性 ,也存在大量的不同特征和不同的动力机制。郊区化是城市化发展到一定阶段的产物 ,是大城市空间结构调整的表现形式。在合理的城市与区域规划引导下 ,郊区化与汽车产业的发展将会相互促进 ,并推动大城市空间结构的优化     

Corporate financial distress: The case of publicly listed firms in an emerging market economy

Occurrences of financial distress (FD) are not readily obvious yet can span several periods. This paper examines episodes of FD using industry‐relative (IR) firm‐/ accounting‐, market‐ and macro‐level information. Mixed logit regressions reveal that firm‐ and market‐based measures, as well as macro‐level variables explain the likelihood of FD in 263 publicly listed non‐banking firms in the Philippines during the period 1995 to 2018. Rates of identification of firms in financial distressed states of close to 69 percent are obtained at a cutoff probability of 0.30 in the model with time‐varying intercept and slope. This study shows the importance of recognizing heterogeneous firm behavior. The ability to more accurately predict the probability of FD and to determine the financial health of firms can help financial institutions in allocating funds and policy makers in predicting crises episodes.     

中国服务业碳生产率变动的差异及收敛性研究

研究目标：中国服务业碳生产率变动的差异及收敛性。研究方法：采用SBM方向性距离函数和Global Malmquist-Luenberger(GML)指数,对2004~2013年中国服务业分行业的碳生产率进行测算,并对其进行收敛性检验。研究发现：中国服务业碳生产率整体呈增长趋势,技术进步是其增长的主要因素,技术效率并没有发挥出应有的提升服务业碳生产率的作用,利用效率的改善来提高服务业碳生产率增长还有很大的空间。此外,中国服务业碳生产率并没有呈现显著的σ收敛,而绝对β收敛和条件β收敛模型研究表明,中国服务业分行业间的碳生产率总体差异正在逐步缩小。研究创新：将碳生产率的测算及收敛性研究延伸到服务业领域。研究价值：有利于低碳经济背景下服务业碳生产率的提升和节能减碳目标的实现。     

Consumer cooperatives as an alternative form of governance: The case of the broadband industry

With a growing number of consumer cooperatives in non-agrarian industries such as energy and broadband, there is a need to better understand their emergence as a viable form of governance. In this context, the paper uses Mikami’s (2010) model on consumer cooperatives to explain their emergence as a result of their ability to generate additional equity financing through the membership market. It focuses on the motivations of consumers to financially contribute to a cooperative by examining the risks and benefits associated with the investment. Based on a survey of 759 consumers, it links their motivations for joining a cooperative to different forms of risks and benefits associated with the investment. It shows that the risks related to cost sharing and switching costs are important determinants for consumers. Other factors that affected the likelihood of joining a cooperative were expected benefits with respect to user network externalities and infrastructure gains.     

文化产业、创意经济与和谐社会

随着社会转型的发生,促进文化产业的发展正在成为推动经济增长的重要途径.而文化产业自身的空间集聚特征,使借助市场力量的城市再开发和通过规划培育创意经济成为塑造创新文化气氛、营销城市的重要政策工具.然而全球化的宏观背景不仅使这种以营造独特和多元地方文化为初衷的努力往往以千篇一律的形体景观和单调社会构成的结果出现,而且通常也是以发展中国家劳动力和社会弱势群体的利益遭受侵害为代价的.因此,在中国,成功发展文化产业不单需要研究如何将针对具体地方特点的市场和规划手段相互结合,以实现真正的创新,更需要警醒地认识到文化产业发展过程中的社会福利效应.从而达到建设和谐社会的根本目标.     

我国临空经济区产业规划与发展刍议——以南京临空经济区为例

临空经济区是区域经济发展到一定程度的产物。在经济全球化和知识经济时代,发展临空经济已经成为越来越多的国家和地区进行全球资源配置的战略选择。本文从分析国内外临空经济区发展的基本特征入手,结合南京临空经济区实际,从多角度提出了南京临空经济区产业发展的战略规划和运行保障机制。     

Conceptualizing and measuring “industry resilience”: Composite indicators for postshock industrial policy decision-making

Can resilience be a relevant concept for industrial policy? Resilience is usually described as the ability of a socioeconomic system to recover from unexpected shocks. While this concept has caught the attention of regional economics researchers seeking to understand the different patterns behind regional recovery after a disruption, it is increasingly recognized that resilience can have policy-relevant conceptual applications in many other regards. In this paper, we apply it to industries and define the “industry resilience” concept and measurements. Our contribution is twofold. Theoretically, we frame industry resilience as a useful conceptual framework for policy-making to support the selection of industrial policy targets that are more capable of recovering after unexpected shocks. In addition, industry resilience can mitigate government failures by supporting decision-makers in promoting both economically and socially sustainable structural change. Methodologically, building on post-2008 U.S. data, we develop two composite indicators (CIs) to separately analyze quantitative and qualitative postshock variations in sectoral employment. Such CIs support policy-makers in visualizing sectoral performances dynamically and multidimensionally and can be used to compare each sector both to other sectors and to its counterfactual. Our results highlight that sectors react heterogeneously to shocks. This points to the relevance of tailoring vertical industrial policies according to sector features and the aims of industrial policy initiatives.     

制造企业人工智能创新如何赋能高质量发展 ——来自中国上市公司的经验证据

制造企业作为人工智能创新战略的重要载体,在经济高质量发展过程中发挥着举足轻重的作用。基于2015—2019年596家制造业上市公司数据,从组织外部竞争和内部生产要素视角,通过构建个体固定效应非平衡面板模型,探讨人工智能创新驱动制造企业高质量发展的内在机制和边界条件。结果表明：人工智能创新能够有效推动制造企业高质量发展,人工智能创新双元性对高质量发展的影响无显著差异,而行业竞争能够强化人工智能创新对高质量发展的促进作用。进一步地,不同子行业人工智能创新对高质量发展的影响存在差异,劳动密集型企业和技术密集型企业人工智能创新能够促进高质量发展,而资本密集型企业人工智能创新对高质量发展的影响不显著。结论不仅有助于揭示人工智能对制造企业高质量发展的影响机制,还可为企业制定人工智能创新战略提供重要启示。