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Chinese Journal of Management
2022 Vol.19 Issue.7
Published 2022-07-01
947
Technological Innovation Management: Research Status and Key Scientific Problems
JIAO Hao，LI Qian，YANG Jifeng
Relying on the research project for 14th Five-Year Plan in business administration discipline of National Natural Science Foundations of China, this study puts forward the theoretical framework and research topics of technological innovation management through literature review and expert interview. The research topics include: corporate strategy-oriented technological innovation management, process mechanism in product innovation, evaluation and optimization in process innovation, and influencing mechanism of organizational, technological and contextual factors on technological innovation management. Finally, the study condenses the key scientific problems in the field of technological innovation management which include the research on the fundamental theory and method in innovation management by employing digital technology and big data, the research on the Chinese context specificity and innovation management theory and practice, the research on the innovation catch-up mechanism and path of Chinese enterprises, the research on the innovation mechanism and path of key core technology, the research on the structure, evolution and governance mechanism of innovation ecosystem, and micro mechanism of innovation behavior.
2022 Vol. 19 (7): 947- [
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956
Activating “Industrial Heritage”: A Case Study of Lidu Winery’s Transformation
OUYANG Taohua，NI Zebo，DU Wenyu，GONG Ke
Based on an in-depth case study of Lidu Winery, this study explores how companies realize transformation by activating industrial heritage. There are three important findings. Firstly, companies can activate industrial heritage by awakening its slack properties. Secondly, managers can develop new capabilities and create new contexts to establish dynamic relationships between users and resources so that affordances of industrial heritage can be continuously perceived and actualized. The process model of affordance actualization towards activating industrial heritage is also constructed. Thirdly, this research uncovers the affordance actualization mechanisms whereby companies can promote the evolution of industrial heritage value from low to high and facilitate organizational transformation.
2022 Vol. 19 (7): 956- [
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965
A Case Study on Collaborative Empowerment and Value Co-Creation of Platform
FENG Jiao，DONG Xueyan，LUO Wenhao，CHEN Jiaying，MA Ying
By using the method of grounded theory, and coding the relevant information of Shi Wai Tao Yuan AFA community, this paper extracts three attributes that driving the internal development of platform enterprises, and they are: openness, symbiosis and collaboration; also this paper focuses on discussing the empowerment function in the field of culture, technology and data of the case enterprises. Furthermore, to deeply explore the multi-level path of value co-creation mechanism in platform enterprises of value co-creation, resource sharing and common ideas. Based on the nine core categories of coding work, this study constructs the framework of collaborative empowerment and value co-creation mechanism of community business platform, explains the formation mechanism and action process of platform enterprise collaborative empowerment and value co-creation, as well as provides theoretical basis and reference experience for the sustainable development of platform enterprises.
2022 Vol. 19 (7): 965- [
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976
Research on the Impact of the Party Construction on the Protection of the Rights and Interests of Employees in Family Businesses
LIU Jiankun，HE Xiaobin
Based on the analysis framework of new institutionalism and socioemotional wealth theory, and using the data from Chinese Private Enterprise Survey and enterprises investigation, this paper examines the impact of the establishment of the Party organization on the protection of employees’ rights and interests in family businesses. It is found that the investment of family businesses in internal social responsibility is less than that of non-family businesses, but the establishment of the Party organization helps to encourage family businesses to actively fulfill internal social responsibility. The findings above demonstrate that the two logics of socioemotional wealth and legitimacy would affect the decision-making of family businesses on internal social responsibility at the same time. In addition, the Party organization is an important coordination mechanism of labor relations, which plays an important role in guiding family businesses to fulfill their internal social responsibilities.
2022 Vol. 19 (7): 976- [
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987
Research on the Influence Mechanism of Future Negative Performance Feedback on Enterprise Upgrade
SONG Tiebo，HUANG Jianbin，YAO Hao
Based on the “expected future” perspective in the performance feedback model, this study focuses on the relationship between future negative performance feedback and enterprise upgrading. It also discusses the moderating effects of industry status, redundant resources and the managerial ownership on the relationship. The results show that:①Future performance negative feedback will promote the enterprise upgrading;②The industry position will first increase the main effect in the short term and then weaken it, but the effect will become positive linear adjustment in the long-term;③The redundant resources of the enterprise will first enhance the main effect and then weaken it;④The managerial ownership will increase the main effect;⑤Non-state-owned enterprises will significantly promote enterprise upgrading when facing the negative feedback of future performance expectations, while the response behavior of state-owned enterprises is not obvious.
2022 Vol. 19 (7): 987- [
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996
Research on the Influence of Enterprise Resource Allocation Strategy on Trade Credit Financing
PENG Aiwu，ZHANG Xinmin
Based on the samples of China’s A-share listed companies from 2007 to 2019, this study examines the impact of enterprise resource allocation strategy on trade credit financing. The empirical study finds that compared with investment-oriented enterprises, operation-oriented enterprises have stronger trade credit financing ability. Furthermore, we find that property rights and market position have significant moderating effects on the relationship between resource allocation strategy and trade credit financing. Earnings persistence (information transparency) plays a partial mediating (masking) role in the impact of resource allocation strategy on trade credit financing.
2022 Vol. 19 (7): 996- [
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1006
The Double-Edged Sword Effect of Ethical Leadership on Employee Innovative Behavior from the Perspective of Social Information Processing
WANG Yanfei，LIN Shanyan，ZHENG Lixun，ZHU Yu
Based on social information processing theory, through a multisource questionnaire study of 84 leaders and 339 followers, this study explores and tests the double-edged sword effect of ethical leadership on followers’ innovative behavior, and uncovers the inner mechanism using multi-level structural equation model. The results show that: ①ethical leadership can inhibit followers’ innovative behavior by reducing their perceived acceptability of norm violation; ②ethical leadership can also prompt followers’ innovative behavior by increasing their affective commitment; ③as a kind of positive environmental information, team trust moderates the double-edged sword mechanism between ethical leadership and followers’ innovative behavior.
2022 Vol. 19 (7): 1006- [
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1016
The Double-Edged Sword Effect of Differentiated Empowering Leadership on Team Creativity
CHEN Chao
Based on categorization-elaboration model (CEM), this study built up a theoretical model to explore how differentiated empowering leadership influences team creativity. Using a multiple-source and time-lagged research design, this study tested the proposed hypotheses through the questionnaire survey data of 93 teams including 538 members, and explored the double-edged sword effect of differentiated empowering leadership on team creativity. The results are as follows. First, team political skill could significantly moderate the relationship between differentiated empowering leadership and team creativity. Specifically, under high-level team political skill, differentiated empowering leadership can promote team creativity. However, under low-level team political skill, differentiated empowering leadership can hinder team creativity. Second, team communication openness can directly enhance team creativity. Third, team communication openness mediated the moderating relationship between differentiated empowering leadership, team political skill, and team creativity. To be more specific, under high-level team political skill, differentiated empowering leadership can promote team creativity via team communication openness. However, under low-level team political skill, differentiated empowering leadership can hinder team creativity through team communication openness.
2022 Vol. 19 (7): 1016- [
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1026
A Study on the Performance Transmission of Green Technology Innovation in Industrial Enterprises and the Moderation Effect of Government Market Regulation
WANG Mingyue，LI Yingming，WANG Zitong
Based on the survey data of 642 industrial enterprises, this paper empirically tests the multiple heterogeneity effects among government market regulation, enterprise green technology innovation, economic performance and environmental performance. The results show that, firstly, green technology innovation can significantly improve its environmental performance and economic performance. Secondly, end-pipe technology innovation has the most significant effect on environmental performance, while green process innovation has the best effect on economic performance. Thirdly, government supply regulation negatively moderates the relationship between end-pipe technology innovation and environmental performance, while positively moderates the relationship between green process innovation and environmental performance, and positively interferes with the relationship between green product innovation and economic performance. Fourthly, government demand regulation can positively moderates the relationship between green process innovation and environmental performance, and between green process innovation and economic performance. Fifthly, government environmental regulation only has a positive effect on the relationship between green product innovation and economic performance.
2022 Vol. 19 (7): 1026- [
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1038
Open Innovation and Digital Start-up Performance
GUO Hai，WANG Chao，HUANG Ran
Taking digital start-up enterprises as the research object, based on the knowledge-based view, this study examines the performance impact mechanism of two forms of open innovation, namely technology purchase and R&D collaboration. Empirical evidence shows that, technology purchase has an inverted U-shaped relationship with digital start-up performance, but R&D collaboration has a U-shaped relationship with firm performance. Moreover, higher technological capability makes the inverted U-shaped relationship between technology purchase and firm performance flatter, while higher technological openness makes this curvilinear relationship steeper.
2022 Vol. 19 (7): 1038- [
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1046
The Driving Factors Composition of Users’ Privacy Concern and the Formation Mechanism of Privacy Paradox in Social Network Services
ZHANG Yudong，ZHANG Huilong，ZHANG Chubing，JIN Hong
Analyzing factors that drive users to pay attention to privacy in social network services, clarifying the formation mechanism of privacy paradox under privacy concern from the active and passive levels. Through grounded exploration and large sample empirical test, it is confirmed that ambiguous privacy boundary, facile privacy trace and conflicting privacy dissemination jointly drive users’ privacy concern in social network services. The cognitive optimism bias and lag of risk assessment will negatively regulate users’ privacy concern driven by relevant factors, and enhance their willingness to self-disclosure. Control of information category, clarity of boundary rules, closeness of platform relationship, optimistic technology trust will positively regulate users’ active self-disclosure intention under privacy concern. While dependence of platform service and restriction of institutional norms will positively regulate users’ passive self-disclosure intention under privacy concern. All these will lead to privacy paradox.
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1056
The Mechanism of Repair Strategy on the Change of Consumer Brand Trust in Corporate Social Irresponsibility Situation
ZHANG Hong，WANG Yuting
The market punishment for corporate social irresponsibility (CSIR) behavior is mainly reflected in the consumer reaction. Based on attribution theory, this study investigates the changes of consumer brand trust in CSIR situation, and discusses the joint moderating effects of stability attribution and repair strategy, as well as the matching effect of CSIR type and repair strategy by using the scenario simulation experiment method. The results show that CSIR significantly inhibits consumer brand trust, compared with value-based CSIR, performance-based CSIR leads to more negative changes in consumer brand trust. Stability attribution plays a positive moderating role in the influence of CSIR on consumer brand trust, the more stable consumer attribution is, the greater the negative change of brand trust will be caused by CSIR. The triple interaction among CSIR, stability attribution and corporate repair strategy is significant, and the synergy between reconciliation strategy and unstable attribution can greatly alleviate the negative impacts of performance-based and value-based CSIR on consumer brand trust.
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1064
The Mechanism to Improving the Integration Efficiency for Supplier Innovation in Buyer’s Product Development
CUI Hecheng，LI Suicheng，QIAO Jianqi
This study represents the effectiveness of integrating supplier innovation as the supplier’s innovation contribution. The influence mechanisms among strategic fit, preferred customer status, buyer-supplier collaboration, and supplier’s innovation contribution are explored in detail. The structural equation model is used to analyze a sample data from 317 Chinese equipment manufacturing firms. The results are as follows: ①preferred customer status and strategic fit affect supplier’s innovation contribution positively; ②buyer-supplier collaboration plays the full mediating role between strategic fit and supplier innovation contribution but partially mediates the relationship between preferred customer status and supplier’s innovation contribution; ③strategic fit plays an active role in promoting preferred customer status.
2022 Vol. 19 (7): 1064- [
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1071
Incentive of Professional Manager and Strategic Selection of Carbon Emission Reduction R&D in a Two-Echelon Supply Chain
LI Ximei，ZHOU Jianbo
Considering a two-echelon supply chain under carbon trading policy, there are four combinations, including R&D competition and no cost sharing, R&D competition and cost sharing, R&D cooperation and no cost sharing, as well as R&D cooperation and cost sharing, that can be selected by two professional managers in two manufactures and a single retailer as the strategy of carbon emission reduction R&D. By constructing these four game models, this study investigates the supply chain’s strategic selection of carbon emission reduction R&D. Results show that form the views of increasing of emission reduction R&D and decreasing net carbon emission, the supply chain would not choose the strategy of R&D competition and no cost sharing, but may choose other strategies with different possibilities. From the view of increasing entire benefit of the supply chain, they may choose each strategy to different extent. As a whole, the supply chain would not choose R&D competition and no cost sharing, has a small probability to choose R&D competition and cost sharing or R&D cooperation and no cost sharing, and is more likely to choose R&D cooperation and cost sharing as their stable strategy of carbon emission reduction R&D.
2022 Vol. 19 (7): 1071- [
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1082
Analysts’ Identifying the Risk of Corporate Financial Fraud Based on Machine Learning
WU Bin，LIU Yunjing，ZHANG Min
Combining the risk of financial fraud prediction by machine learning method and the data of analyst recommendations, this study empirically investigates whether analysts identify the risk of corporate financial fraud. Using a sample of A-share listed companies from 2007 to 2018 for multiple regression analysis, we find that analysts tend to issue more negative rating reports for companies with higher risks of financial fraud, implying that analysts can identify the risk of corporates’ financial fraud and respond effectively during their information interpretation processes. This association is more prominent among analysts with more experience, higher reputation, or smaller conflicts of interest, suggesting that analysts’ ability and incentives drive analysts’ identifying the risk of corporate financial fraud. The analysis of the economic consequences of analysts issuing negative recommendations shows that analysts’ negative recommendations significantly reduce the probability of corporate financial fraud in the future.
2022 Vol. 19 (7): 1082- [
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1092
The Predictive Effect of MD&A Intonation on Enterprise De-Reality-to-Virtual Risk
ZHAO Xin，SHAN Xiaowen，WANG Lei
From a forward-looking perspective, this study takes Chinese non-financial and non-real estate main board listed companies as research objects to investigate the predictive effect and channeling mechanism of management discussion and analysis(MD&A) tone on the future risk of de-reality-to-virtual through empirical research. The results show that MD&A normal optimistic tone predicts lower risk of de-reality-to-virtual, while MD&A abnormal optimistic tone and abnormal pessimistic tone predict higher risk of de-reality-to-virtual, and MD&A normal pessimistic tone does not predict significantly. The mechanism test shows that MD&A tone can influence the risk of de-reality-to-virtual by influencing the degree of financing constraint. Further research shows that heterogeneous institutional investors can influence the predictive effect of MD&A tone on the risk of de-reality-to-virtual, and focused institutional investors play an effective risk prevention and control role.
2022 Vol. 19 (7): 1092- [
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