An Analysis of the Affection of Cooperative Opportunities on the Status of Partners in the Strategic Cooperation of Firms

In the strategic cooperation, relative status of the two partners which joined together by the covenant has a great impact on the finally profit distribution. It is analyzed by game theory in this paper that the influence of exterior cooperative opportunities upon the status of a firm when the firm join in an alliance. We focus on the great impact, which is produced by the chance to cooperate with the others that belong separately to the two firms in a strategic cooperation, on the status and profit distribution of the two parts. It is found that a firm will possessed a powerful status in an alliance and carve up more profits from the alliance when it has more opportunities for cooperating. The status differences between the cooperative partners can be better described when a firm sets up a strategic cooperation by combining the method The former researches are done which inspect the inner factors, such as the degree of firms being eager to join an alliance.     

Extra‐Firm Networks and Firm Performance: A Study of South Korean Solar PV Firms and Industry Specific Government Actors

Extra‐firm actors have been acknowledged as vital to the success of green energy industries. This article deploys the firm network perspective to deliver a first of its kind analysis of specific extra‐firm actor impacts on firm performance in Korea's solar photovoltaic industry. Results are based on quantitative analyses of data from 60 firm respondents and augmented by interviews with eight government officials. Three research questions capture and compare firm and government actor perceptions pertaining to extra‐firm actor influences at the national, regional, and extra‐local scales, inclusive of place–place competition and cooperation. Results indicate that firms differ in perceptions related to the impact of 18 national level government institutes, R&D centers, associations, and academic societies on their success, and that perceptions vary by level of technology concerning a plethora of other related extra‐firm actor and support infrastructure impacts. A comparative perspective is presented based on government informant interviews.     

Model of Financing Strategy

Considering information asymmetry between inside and outside of the firms,this paper discusses the financing strategy of M&A,and builds a model.According to the model,we can see that the firm with relatively expected low-productivity will choose equity financing for M&A,and the firm with relatively expected high-productivity will choose debt financing for M&A,and the firm with expected medium-productivity will not choose financing from outside.In the case of undeveloped capital market and financing tools in China,the conclusion of the model has some extent significance for helping firms to choose financing strategy for M&A rationally.     

Spatiotemporal context and firm performance: The mediating effect of strategic interaction

Traditional studies of firm performance typically focus on the effect of market structure and rarely consider the impact of the spatiotemporal context in industrial competition. Using a sample of 1,555 listed companies from 2015 to 2018 in China, this study shows that the profit center of gravity tends to move from southeast to northwest, and that there are negative effects on firm performance with distance from the profit center of gravity. Moreover, when controlling for organizational variables, strategic interaction at the local level significantly mediates the relationship between spatiotemporal context at the global level and firm performance at the microlevel. This investigation provides preliminary support for strategic interaction as a significant mediator between spatiotemporal context and firm performance, and further highlights the relevance of spatiotemporal context and strategic interaction in determining firm performance. The results of this study contribute to our understanding of the dynamic mechanism of spatiotemporal context affecting firm performance and the role of strategic interaction at the local level in this relationship, which can improve the existing insights into new economic geography.     

Specialization in a Declining Industrial District

Although flexible specialization is regarded as one of the hallmarks of industrial districts, its consequences for firm performance have not attracted much empirical attention. Using event-history data on a complete population of textile-clothing firms in Baden-Württemberg in the Reutlingen (Germany) district from 1946 to 1993, this paper tests the proposition that specialized firms have a survival advantage over more integrated firms. Logistic regression models of failure probabilities show that, contrary to predictions derived from the district model, horizontally and vertically integrated firms have outlived more specialized firms. This study demonstrates the importance of dynamic research designs that incorporate information on strategic differences in a complete population of district firms, observed over an extended time frame.     

Innovation in the periphery: Compensation and exploitation strategies

Recent research has challenged the urban bias in economic geography and innovation studies, showing that highly innovative and competitive firms are also located in peripheral regions. So far, however, analyses has focused on how firms innovate despite their unfavourable location and little has been said about the innovation benefits of peripheral areas. Hence, this article identifies different compensation and exploitation strategies adopted by firms in order to overcome regional innovation constraints and to reap innovation benefits found in the periphery. Drawing on 20 in‐depth qualitative interviews with innovative firms situated in the Austrian periphery, our analysis reveals that innovation in peripheral regions is the outcome of a combination of compensation and exploitation practices. The uptake and composition of these strategies depend on the firm and regional characteristics, with firm size being the most influential factor.     

The Affection of Learning Mechanism to Unequal Strategic Alliance Partnership

Some symmetric mathematical models, such as Tech-Tech or Tech & Market - Tech & Market, had been set up in the researches of theoretical models of cooperative behavior among firms in strategic alliances. An asymmetric model is established in this paper by discussing the Tech-Market type strategic alliances and expressing the strength contrast between the partners in an alliance by the Bass diffusion models. The benefits changes of alliances partners are studied in several different occasions, and the model about the influences of learning upon partnership is built by introducing the learning mechanism to retrofit the Bass models. Then it is proved that the learning mechanism possesses strategic significance to the partnership, that is to say, the development of an alliance is beneficial to the partner who has higher learning efficiency and unfavorable to the other one. At the same time, the original cause of the strategy, i.e., gaining foreign investment and technology by let foreign firms own some domestic market share, was not work well in last ten years in China, has been revealed. It is pointed out that China's firms should do their best to improve their learning efficiency when they participate in the international alliances.     

New Business Survival in Georgia: Exploring the Determinants of Survival Using Regional Level Data

New business formation is an important stimulant to economic activity. However, some 20 percent of new firms die within their first year of operation. Policy makers designing programs to engineer regional economic development need to know what specific factors affect new firm survival. This paper conducts an analysis of the determinants of survival for new enterprises in the state of Georgia. Special emphasis is placed on the importance of local factors. Duration analysis is applied to four cohorts of new enterprises starting during the period 2001 to 2004. The results show that firms located in urban areas are at a higher risk of failure. However, firms situated in counties that have achieved a high level of economic development stand a better chance of surviving. Other factors such as firm size, ownership structure, industry entry rates, and business cycle fluctuations are also influential.     

Competitive Characteristics of Small and Medium-sized Manufacturing Firms in the US. and Canada

ABSTRACT This paper examines the competitive characteristics of small and medium-sized manufacturing firms (SMFs) in a Canada-U.S. crossborder region (the Niagara Frontier). Particular attention is given to the innovation and business performance of comparably-sized firms on both sides of the border. The results of two firm-level surveys are presented. A comparative analysis of the two groups suggests that Canadian Sh4Fs exhibit significantly stronger export and innovation performance than their US. counterparts. The results also suggest that U.S. firms face tougher competitive difficulties arising fiom specific national and regional circumstances, including shortages of skilled labor, higher corporate tax rates, rising import competition, and a more complex regulatory environment. The implications of the empirical results are discussed in the context of policy options for regional economic development in crossborder zones such as the Niagara Frontier     

Regional Differences in the Competitive Characteristics of U.S. Machine Tool Companies

The U.S. machine tool (MT) sector has undergone substantial restructuring over the past three decades. Despite signs of a commercial rebound in recent years, however, a number of critical issues remain for this industry. Not all firms share these concerns, in that differences exist between producers located in the core manufacturing belt and those located elsewhere. This paper examines the characteristics, competitive problems, and markets of firms located in these two regions. Survey data from a sample of 104 machine tool companies reveal that significant core–periphery differences exist with regard to firm–specific difficulties and markets served. The data also show that firms in the periphery have been growing significantly faster than firms in the core. The paper concludes with a discussion of the likely reasons for regional variability in the characteristics of firms in this industry. Directions for future research are also suggested, notably with regard to the interplay between national regulatory conditions and the competitive performance of MT firms.     

Import–export nexus and China's emerging trade in environmental goods

International trade in environmental goods (EG) provides a market-based solution to balance the development–environment relationship. How can developing economies gain new growth opportunities through trade liberalisation in the EGs? This study investigates the structural features of products and firms during the early development of China's EG trade. This study defines the import–export nexus as the product relatedness between imports and exports at the firm level, which may promote the technology spill overs and firm cooperation. This study combines two nationwide data sets and constructs a data panel covering 334 prefectures and 248 EGs during 2001–2012. The conditional logit model with fixed effects is used for coefficient estimation. Empirical results reveal that the import–export nexus promotes new EGs in domestic sectors and export baskets, primarily supported by domestic private firms. The import–export nexus allows state-owned firms, which only represent a small market share, to enrich export baskets. It also helps foreign firms to develop new EGs in domestic sectors. These findings suggest revisiting the role of state-owned firms in industrial policy and developing a broad list of EGs to make use of the product relatedness. These will make developing economies like China gain new growth opportunities from the EG trade.     

Innovation Ideas and Regional Characteristics: Product Innovations and Export Entrepreneurship by Firms in Swedish Regions

ABSTRACT This paper focuses upon the ways in which characteristics of regions in regards to knowledge sources, communication opportunities, and absorptive capacity influence the development of innovation ideas among existing and potential entrepreneurs. We formulate a model where entrepreneurs or innovating firms introduce new products in a quasi‐temporal setting. Market conditions are characterised by monopolistic competition between varieties belonging to the same product group, in which there is entry and exit of varieties. A stochastic process is assumed to generate new innovation ideas as time goes by, and a firm (entrepreneur) who receives such an idea has to transform the idea to an innovation, which in the model is specified as a particular variety combined with a specific destination market. The theoretical model is used as a reference when formulating two regression models, with which we estimate how a set of regional characteristics are associated with the likelihood of innovation ideas across Swedish local labour market regions. In one model, we examine the emergence of new export varieties, and in the second model, we investigate the appearance of new export firms. Results are consistent with the assumption that knowledge and information flows have a positive influence on the frequency of arrival of innovation ideas to firms.     

农产品加工产业集群模式分析

农产品加工业正朝着集群化的方向发展。在界定农产品加工产业集群定义的基础上,分析了农产品加工产业集群的特点。从产业集群成长升级的角度出发,以集群企业间竞合度和集群体对知识的依存度为维度,将农产品加工产业集群模式分为3种类型,并比较了不同类型农产品加工产业集群在集群驱动力、企业规模和价值链等方面的差异。     

Solid Waste Recycling Behavior of Industrial-Commercial -Institutional Establishments

This paper develops a model of the relationship between the solid waste recycling activities of industrial-commercial-institutional (ICI) firms and two sets of explanatory variables: characteristics of the firm and characteristics of the waste materials. The model is tested for six types of waste material (paper, paperboard, plastic, glass, wood, and metal) using logistic regression analysis and drawing on waste quantity and composition data collected from a sample of over 400 ICI firms in metropolitan Toronto. The percentage of firms recycling materials ranged from a high of 46 percent for paperboard to a low of 8 percent for plastics. In all of the models tested, quantity of waste material produced was found to be a significant explanatory variable in determining whether a firm will recycle that material. Other variables which were found to be significant in explaining recycling of some, but not all, material types were floor space of the firm, and type of economic activity. Despite theoretical support for its inclusion, employment was not found to be significant in any of the models.     

Towards new regionalism? Case study of changing regional governance in the Yangtze River Delta

This paper draws on a series of interviews with urban planners and government officials to examine the changing regional governance in the Yangtze River Delta. It finds that integration and collaboration are emerging and the growing economic benefits of intercity cooperation serves as a driver for local government to change from hostile competition to collaboration. Nevertheless, regional governance is far from established. Instead, regional transformations reflect the local politics of economic devolution and urban entrepreneurialism. Currently, there is no formal regional institution or coalition and the regional agenda is economic oriented and project based. Policies are formulated by individual cities rather than through multilateral negotiation between cities. The primary motive underlying the initiatives for cooperation is regional economic competitiveness rather than regional integration. Hence, the paper argues that emerging collaboration is far from being a substantial departure from inter‐jurisdiction competition in the earlier phase of regional governance.     

Game Analysis between Manufacturer and Wholesaler in the Management of Distribution Channel

In the distribution channel management, a good cooperation relationship between manufacture and wholesaler is an effective way for them to complement each other with their respective advantages, improve channel competitive abilities and adapt to market fluctuations. Based on their mutual cooperative relationship, a mixed game model is constituted by introducing the characteristics and postulating the prerequisites of trade between manufacturer and wholesaler, then the factors affecting their mutual cooperative relationship and the conditions of their stable cooperation are found through analyzing the mixed game model. Furthermore, a finitely repeated game model is used to analyze the cooperation between manufacturer and wholesaler, the conclusion of the cooperative qualification that influences the cooperation of both sides is given. As a result, the strategies employed by the manufacturer and wholesaler are pointed out.     

Pondering upon the Diversification Strategy

Diversified management is a strategic decision for many enterprises at some stage in the course of their development, but in practice, there are examples showing that some of them are successful and some may fail. The full development of the enterprises leading business, formation of the key competitive ability, the strategic target of the relevant industries associated with diversified management, the opportunities and approaches for diversified management are discussed in this paper. The following conclusions have been drawn: the full development of leading business and formation of key competitive ability are the basis of the enterprise's diversified management. The area for diversified management should be strategy-related industries, as for the approach to diversified management; the first choice is absorbing firms. The opportunity possibly entering into the market of diversified management must be the best gearing point between the most favorable situation to develop industry and the enterprise's key competitive ability, which should be fully considered. It is hoped that the study will be helpful for the enterprises.     

Innovation,High-Technology Use,and Flexibility in Small Manufacturing Firms

Innovation, use of high technology, and flexibility of response to customer needs are studied in two surveys of small manufacturing firms in New York and Pennsylvania. They are shown in both surveys to be separate and unrelated concepts. None of five industry-level classifications of high-technology firms, using SIC codes predict these concepts on a firm level. Only innovation is related to a sophisticated firm marketing program. and to export from the state.     

Networking policy and firm performance

This paper evaluates the effects of inter-firm networks (IFNs) on firms’ economic performance. This policy instrument has been implemented in Italy from 2009 to support mostly small and medium-size enterprises after the great economic crisis of 2007–2009. Starting from an original database of Italian manufacturing and service firms for the period 2010–2017, the paper develops in two steps: the first part, with “difference-in-differences” technique, is highlighted the positive effect on firms’ performance for those firms involved in an IFN. The second part investigates which characteristics of the IFN have better impacts on firm’s performance in the medium long-run. This study contributes to the network policy literature by revealing another instrument to foster cooperation and increase firms’ innovation and internationalisation, without the need to be geographically bounded.