In November 2012, immediately after the close of the 18th National Congress of the Communist Party of China （CPC）, CPC Central Committee General Secretary Xi Jinping proposed to ＂realize the Chinese dream of the gr...In November 2012, immediately after the close of the 18th National Congress of the Communist Party of China （CPC）, CPC Central Committee General Secretary Xi Jinping proposed to ＂realize the Chinese dream of the great revival of the Chinese nation.＂ He emphasized that the fulfillment of the Chinese dream regarding the great revival of the Chinese nation is simply the realization of the country＇s prosperity, the nation＇s revival and the people＇s happiness. All in all, the Chinese dream is the people＇s dream.展开更多
This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has bec...This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has become a critical issue in corporate financial management practices,particularly in the context of optimizing tax burdens through strategies that remain within legal boundaries.The study adopts a quantitative approach using panel data regression methods.Data processing and analysis were conducted using EViews version 12.The research sample consists of 13 technology sector companies selected through purposive sampling,with an observation period spanning five years(2019-2023),resulting in a total of 65 observations.The analysis results indicate that leverage and firm value have a negative effect on tax aggressiveness.Conversely,managerial ownership is found to have a positive effect on tax aggressiveness.Meanwhile,firm size does not show a significant influence on tax aggressiveness.展开更多
This study analyzes the impact of profitability,firm size,and capital structure on firm value within the manufacturing sector.Utilizing a descriptive literature-based method,this research synthesizes various findings ...This study analyzes the impact of profitability,firm size,and capital structure on firm value within the manufacturing sector.Utilizing a descriptive literature-based method,this research synthesizes various findings from previous studies to provide a comprehensive overview of the relationships among these variables.Profitability,often measured by Return on Assets(ROA)or Return on Equity(ROE),is expected to have a positive relationship with firm value as it reflects a company’s ability to generate profits.Firm size,measured by total assets or the logarithm of sales,is also assumed to influence firm value,both through economies of scale and better access to capital markets.Meanwhile,capital structure,measured by Debt to Equity Ratio(DER)or Debt to Asset Ratio(DAR),has a complex impact;while debt can enhance firm value through tax shields,excessive debt levels can increase financial risk and potentially decrease firm value.The synthesis of literature indicates a general consensus on the importance of profitability and firm size in shaping firm value,though there is variation in the significance and direction of the relationship for capital structure variables.This study provides important implications for company managers and investors in making strategic decisions related to resource allocation and selecting an optimal capital structure to enhance firm value.展开更多
Chinese firms help 2,400 slum children to stay in school in Kenya’s capital city As laughter and singing echo through a community school in Mathare,a slum in the heart of Nairobi,Kenya’s capital,the vital role of qu...Chinese firms help 2,400 slum children to stay in school in Kenya’s capital city As laughter and singing echo through a community school in Mathare,a slum in the heart of Nairobi,Kenya’s capital,the vital role of quality education becomes unmistakably clear.展开更多
Tomato(Solanum lycopersicum)has become a model for the study of fleshy fruits.Comprehending the regulatory mechanisms of fleshy fruit ripening is important.Transcription factors(TFs),hormones,and epigenetic regulation...Tomato(Solanum lycopersicum)has become a model for the study of fleshy fruits.Comprehending the regulatory mechanisms of fleshy fruit ripening is important.Transcription factors(TFs),hormones,and epigenetic regulation mainly regulate tomato fruit ripening,and the initiation of ripening requires ethylene and ripening-related TFs,such as NAC,MADS-box,RIN,GH3,HD-ZIP,and basic helix-loop-helix.In this review,we summarize recent research progress on these TFs in the regulation of tomato fruit ripening and highlight the crosstalk mechanisms of ethylene and ripening-related TFs.By affecting ethylene synthesis and signaling,TFs regulate softening and color changes in tomato fruits,thereby influencing fruit quality.Our review contributes to a systematic understanding of the regulatory mechanisms of tomato fruit ripening and provides a basis for developing or modeling complex ripening regulatory networks.展开更多
Purpose:Currently,different research conclusions exist about the relationship between relational capital and corporate innovation.The research aims to(1)reveal the actual relationship between executive alumni relation...Purpose:Currently,different research conclusions exist about the relationship between relational capital and corporate innovation.The research aims to(1)reveal the actual relationship between executive alumni relations and firm innovation performance,(2)examine the moderating role of executive academic backgrounds,(3)analyze the paths for firms to leverage knowledge spillovers from regional universities to promote firm innovation by their geographic location.Design/methodology/approach:A social network approach is used to construct alumni relationship networks of A-share listed companies in Shanghai and Shenzhen,China.A two-way fixed effects model is used to assess the impact of firms’structural position in executive alumni networks on firms’innovation performance.In addition,the research also delves into the interactions between knowledge spillovers from geographic locations and executives’alumni networks,aiming to elucidate their combined effects on firms’innovation performance.Findings:This paper explores the curvilinear relationship between executive alumni networks’centrality and firm innovation within the Chinese context.It also finds that in the positive effect interval on the right side of the“U-shaped,”the industry with the highest number of occurrences is the high-tech industry.Moreover,it elucidates the moderating influence of executives’academic experience on the alumni networks-innovation nexus,offering a nuanced understanding of these dynamics.Lastly,we provide novel insights into optimizing resource allocation to leverage geographic knowledge spillovers for innovation.Research limitations:The study may not fully represent the broader population of firms,particularly small and medium-sized enterprises(SMEs)or unlisted companies.Future research could expand the sample to include a more diverse range of firms to enhance the generalizability of the findings.Practical implications:Firstly,companies can give due consideration to the alumni resources of executives in their personnel decisions,but they should pay attention to the rational use of resources.Secondly,universities should actively work with companies to promote knowledge transfer and collaboration.Originality/value:The findings help clarify the influence mechanism of firms’innovation performance,providing theoretical support and empirical evidence for firms to drive innovation at the executive alumni relationship network level.展开更多
Nitrogen oxides(NO_(x))and particulate matter(PM)present significant risks to both human health and environmental sustainability.The Integrated Dust Removal and Denitrification Technology(DRDt)offers a more efficient ...Nitrogen oxides(NO_(x))and particulate matter(PM)present significant risks to both human health and environmental sustainability.The Integrated Dust Removal and Denitrification Technology(DRDt)offers a more efficient and cost-effective solution for achieving ultralow industrial flue gas emissions;however,its effectiveness is undermined by low catalyst load rates and poor stability in filter materials.This study addresses these limitations by modifying conventional PTFE filter media(PTFE-Tim)through the incorporation of sodium alginate(SA)and dopamine(DA)as modifiers,resulting in two new filter materials:PTFE-SA-MOF and PTFE-DA-MOF.By optimizing the parameters of an orthogonal experimental design,we identified the ideal preparation conditions for these composite materials.The addition of SA and DA enhanced the bonding between the catalyst(Mn-Cu-MOF)crystal particles and the PTFE fibers through mechanisms such as ion exchange,hydrogen bonding,and adhesion.Consequently,the catalyst loading rate and stability of the DRDt filters were significantly improved.Specifically,the PTFE-SA-MOF and PTFE-DA-MOF filters achieved high catalyst loading rates of 15.97% and 15.86%,these values represent improvements of 2.53 and 2.51 times,while maintaining excellent stability,with mass retention rates of 98.64% and 98.27%,respectively,over the conventional PTFE-Tim filter.展开更多
Logistics service providers significantly contribute to environmental degradation through improper waste disposal,hazardous packaging materials,excessive fuel consumption,and emissions.This study examines the impact o...Logistics service providers significantly contribute to environmental degradation through improper waste disposal,hazardous packaging materials,excessive fuel consumption,and emissions.This study examines the impact of green in-bound logistics and green outbound logistics on environmental,economic,and social performance of logistics companies using survey data from 221 Vietnamese logistics firms.Statistical analysis using Structural Equation Modeling revealed that green inbound logistics positively influences environmental and social performance while moderately affecting eco-nomic outcomes.In contrast,green outbound logistics demonstrates stronger effects on economic and environmental performance but exhibits limited impact on social dimensions.The measurement model showed strong reliability and validity(Cronbach's Alpha>0.70,robust Composite Reliability and Average Variance Extracted values),with excellent fit indices(Chi-Square/df=1.681,GFI=0.898,TLI=0.945,CFI=0.956,RMSEA=0.056).These findings highlight important distinctions between inbound and outbound green logistics impacts,offering valuable insights for an industry with currently low adoption rates of sustainable practices.The research demonstrates that implementing green logistics enhances both environmental preservation and business performance,providing compelling evidence for companies to accelerate their sustainability transition.By understanding these differential impacts,logistics firms can develop more tar-geted and effective sustainability strategies that optimize triple bottom line outcomes.展开更多
The antioxidant and anti-wrinkle firming effects of a combination of vitamin C(Vc)and black Ganoderma lucidum extract was evaluted.Through the DPPH radical scavenging model and elastase inhibition model,this research ...The antioxidant and anti-wrinkle firming effects of a combination of vitamin C(Vc)and black Ganoderma lucidum extract was evaluted.Through the DPPH radical scavenging model and elastase inhibition model,this research investigates the impact of these substances individually and in combination on antioxidant capabilities and anti-wrinkle firming effects.The results demonstrate that the combination of Vc and black Ganoderma lucidum extract exhibits significant antioxidant abilities at various concentrations,and is more effective than when each is used separately,indicating a synergistic interaction between them.Additionally,the combination also shows significant inhibition of elastase,suggesting potential applications in delaying the aging process of the skin.Furthermore,highperformance liquid chromatography(HPLC)was used to determine if reactions occur among the components of the mixture.The findings reveal that the concentration of Vc in the mixture is very close to the theoretical concentration and relatively stable,suggesting that the components function independently.A quantitative analysis using the Bliss independence model further confirms the synergistic effects of Vc and black Ganoderma lucidum extract at specific ratios,providing a scientific basis for the development of efficacious cosmetic products.展开更多
By recruiting 30 participants with striae gravidarum and using anti-wrinkle skincare products as an intervention measure,skin elasticity testing,skin firmness testing,and stretch mark image collection were conducted b...By recruiting 30 participants with striae gravidarum and using anti-wrinkle skincare products as an intervention measure,skin elasticity testing,skin firmness testing,and stretch mark image collection were conducted before use the anti-wrinkle skincare products,on the 14th,28th,and 56th day of use the antiwrinkle skincare products,respectively.Combined with visual evaluation by researchers and self-assessment by participants,the role of anti-wrinkle skincare products in improving stretch marks during pregnancy was explored.The results showed that on the 14th,28th,and 56th day of using efficacy skincare products,the average depth,area,and volume of stretch marks in the test area decreased compared to the baseline values before use and showed statistical differences(P<0.05);The measured values of R5 and R7 parameters for evaluating skin elasticity at the test site were significantly higher than the baseline values before use(P<0.05).On the 28th and 56th day of using efficacy skincare products,the measured values of the skin firmness evaluation parameters in the test area decreased significantly compared to the baseline values before use,and there was a statistical difference(P<0.05).The scores of the number,depth,and skin laxity of abdominal stretch marks in the visual assessment of the researchers and self-assessment of the subjects were significantly reduced on days 14,28,and 56 compared to before using the anti-wrinkle skincare product(P<0.05).This suggests that the anti-wrinkle skincare product has the effect of improving the elasticity and firmness of the skin in subjects with striae gravidarum,as well as improving striae gravidarum.展开更多
Xiaomi’s First Smart Home Appliance Factory Starts Operation in Wuhan Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan,central China’s Hubei Province,on October 28,marking a major ex...Xiaomi’s First Smart Home Appliance Factory Starts Operation in Wuhan Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan,central China’s Hubei Province,on October 28,marking a major expansion of the tech giant’s manufacturing footprint beyond smartphones and vehicles.展开更多
Firm-level productivity analysis serves as a cornerstone for understanding the micro-foundations of economic growth,industrial competitiveness,and efficient resource allocation.This comprehensive review synthesizes an...Firm-level productivity analysis serves as a cornerstone for understanding the micro-foundations of economic growth,industrial competitiveness,and efficient resource allocation.This comprehensive review synthesizes and critically evaluates the primary statistical and econometric methodologies employed in the measurement and analysis of productivity at the firm level.We systematically delineate the evolution from traditional parametric techniques,such as production function estimation and Stochastic Frontier Analysis(SFA),to non-parametric approaches,including Data Envelopment Analysis(DEA)and the Malmquist Productivity Index.A significant focus is placed on addressing pervasive micro-level challenges,notably firm heterogeneity,measurement error,and endogeneity biases,which are endemic to firm-level data.The paper further explores recent methodological innovations,highlighting the integration of machine learning,quantile regression,and network analysis into the productivity research arsenal.By providing a structured guide for selecting and applying appropriate statistical tools,this review aims to equip researchers with the knowledge to conduct robust micro-level productivity analyses.Finally,we outline promising future research trajectories,emphasizing the potential of novel data sources and computational methods to deepen our understanding of productivity determinants.展开更多
The diffusion of industrial robot technology has coincided with increasing divergence in firms’market shares,potentially leading to enhanced market power and shifts in the distribution of factor income.This paper inv...The diffusion of industrial robot technology has coincided with increasing divergence in firms’market shares,potentially leading to enhanced market power and shifts in the distribution of factor income.This paper investigates the impact of industrial robot adoption on firms’labor income share and explores the underlying mechanisms,with particular attention to the rise of superstar firms.The findings suggest that,overall,the use of industrial robots contributes to an increase in labor’s income share,reflecting a generally favorable trend for labor’s position in primary income distribution.This effect,however,is markedly heterogeneous across different types of firms,regions,and industries.A significant concern is that robot adoption strengthens firms’relative market power within industries,fueling the emergence of superstar firms.These firms jointly influence labor income share through both a competition effect and a demonstration effect:the former is the main cause of declining labor shares,while the latter introduces a new channel through which labor’s share is further reduced.Although antitrust policies can help improve labor’s income share,they are not well-suited to curbing the market power expansion driven by industrial robot adoption.Thus,the concern over superstar firms’suppression of labor income remains.Amid the intensifying trend of“machines replacing humans”,this paper offers empirical insights into how to address the distributional implications brought about by the rise of superstar firms.展开更多
As the Sarawak state government accelerates infrastructure development to stimulate economic growth,it has attracted numerous foreign construction enterprises-particularly Chinese firms-entering the market through low...As the Sarawak state government accelerates infrastructure development to stimulate economic growth,it has attracted numerous foreign construction enterprises-particularly Chinese firms-entering the market through low-cost bidding.However,this foreign-dominated model,while improving efficiency,has triggered local enterprise marginalization,industrial chain fragmentation,payment delays,and project setbacks,undermining the intended economic spillover effects of public investment.Grounded in policy analysis and field evidence within a dependency theory framework,this study evaluates the structural impacts of foreign participation on Sarawak’s local economy,uncovers governance gaps,and proposes strategies to enhance local economic resilience under open-market conditions.The findings reveal that foreign contractors(especially Chinese enterprises),despite their capital and technological advantages in dominating mega-projects,exhibit pervasive shortcomings:inadequate local participation(falling far below the 40%policy target),deficient knowledge transfer(local firms hold only 6%of green technology patents),significant value leakage(foreign profit repatriation dominated project value flows),and widespread execution delays/cost overruns due to underestimation of tropical climate-geological risks,institutional maladaptation,and resource misallocation.Drawing on experiences from the Philippines,Indonesia,and Vietnam,the study proposes systemic reforms:introducing a Low-Bid Risk Evaluation System(LRES),enforcing a mandatory Local Participation Index(LPI),establishing a Smart-Contract-Based Digital Payment Chain System(DPCS)to protect subcontractors,and requiring pre-bid local adaptation training for foreign contractors.These recommendations aim to construct“embedded institutional resilience,”transforming policy intent into executable governance mechanisms to ensure infrastructure investment genuinely serves Sarawak’s inclusive and sustainable growth.展开更多
China’s Web presence could soon lead the world as its number of Internet users continues to grow According to a China Internet Network Information Center (CNNIC)report released on January 17,the country’s
The perfection of the cross-border regional innovation system of the Pearl River Delta(PRD)and Hong Kong region remarkably underpins the construction of the Guangdong-Hong Kong-Macao Greater Bay Area(GBA)towards an in...The perfection of the cross-border regional innovation system of the Pearl River Delta(PRD)and Hong Kong region remarkably underpins the construction of the Guangdong-Hong Kong-Macao Greater Bay Area(GBA)towards an international technological innovation hub.This paper focuses on the relational characteristics of the usage of technological innovation functions and elements,including labor force,technology,and producer services from Hong Kong region by high-technology firms in the PRD,and probes into the influencing factors by integrating the objective perspective on the impact of firm-level socioeconomic attributes and subjective perspective on the open interpretations on the reasons by using or not using technological innovation functions and elements from Hong Kong region by various stakeholders in high-technology domains in the PRD.Key research findings are fourfold.First,Hong Kong's technological innovation functions primarily ride on its institutional advantages under the“One Country,Two Systems”framework to empower high-technology firms in the PRD by expanding their international market,international business operation,and financing,but cross-border investment and entrepreneurship has retrieved to a relatively marginalized position.The degree of supply-demand relations of producer services is the highest,followed by labor force and technology.Second,Hong Kong-invested,large-sized,and long-standing high-technology firms in the PRD are more inclined to use technological innovation elements from Hong Kong region,while domestic,small-and-medium-sized,and start-up high-technology firms in the PRD are in turn,gradually unhooked from the supply of technological innovation elements from Hong Kong region.Third,Hong Kong enjoys both advantages and disadvantages in supplying labor forces,technologies,and producer services to high-technology firms in the PRD,with advantages in competitiveness,international linkages and visions,and disadvantages in high cost,lack of more profound mutual understanding between Hong Kong and the PRD,and the imperfect cooperation mechanisms.Fourth,interactions among the transitioning role of Hong Kong region in the macro-level global and national economic development landscape,meso-level cross-border regional specificities under the“One Country,Two Systems”framework,and micro-level heterogeneous practices and capabilities of firms influence the usage of technological innovation functions and elements from Hong Kong region by high-technology firms in the PRD.展开更多
This study explores the impact of board diversity on firm performance,with a focus on companies listed on the Singapore Stock Exchange(SGX).Board diversity is examined across various dimensions,including gender,age,et...This study explores the impact of board diversity on firm performance,with a focus on companies listed on the Singapore Stock Exchange(SGX).Board diversity is examined across various dimensions,including gender,age,ethnicity,and professional background,to understand its relationship with key performance indicators such as Return on Assets(ROA)and Return on Equity(ROE).Using a quantitative research approach,the study analyzes data from 90 publicly listed firms,employing descriptive statistics,correlation analysis,and multiple regression techniques.The findings reveal that the direct correlation between board diversity and financial performance,particularly in terms of ROA and ROE,is not statistically significant in the studied sample.Despite the lack of direct significance,the research underscores the nuanced and multifaceted role of diversity in corporate governance,suggesting that its impact may be more complex and influenced by various contextual factors.The study concludes by recommending that companies continue to enhance gender diversity,balance age structures,tailor professional backgrounds to industry needs,and manage board tenure effectively to optimize corporate governance and support sustainable growth.展开更多
Socialism with Chinese characteristics is the socialism of peaceful development,and socialist cause with Chinese characteristics is the cause for all-win cooperation with all countries in the world.In order to co-ordi...Socialism with Chinese characteristics is the socialism of peaceful development,and socialist cause with Chinese characteristics is the cause for all-win cooperation with all countries in the world.In order to co-ordinate both the domestic and international overall situations,both peace and development issues,promote mutually benefit and all-win outcomes and the sound interaction between the展开更多
An important feature of China developing its aerospace industry is its insistence on self-reliance and independent innovation,because China firmly believes that aerospace is a hi-tech industry and high core technologi...An important feature of China developing its aerospace industry is its insistence on self-reliance and independent innovation,because China firmly believes that aerospace is a hi-tech industry and high core technologies cannot be bought.Only by mastering core technologies can China firmly grasp the initiative in development.展开更多
文摘In November 2012, immediately after the close of the 18th National Congress of the Communist Party of China （CPC）, CPC Central Committee General Secretary Xi Jinping proposed to ＂realize the Chinese dream of the great revival of the Chinese nation.＂ He emphasized that the fulfillment of the Chinese dream regarding the great revival of the Chinese nation is simply the realization of the country＇s prosperity, the nation＇s revival and the people＇s happiness. All in all, the Chinese dream is the people＇s dream.
文摘This study aims to analyze the influence of leverage,firm size,firm value,and managerial ownership on tax aggressiveness in technology sector companies listed on the Indonesia Stock Exchange.Tax aggressiveness has become a critical issue in corporate financial management practices,particularly in the context of optimizing tax burdens through strategies that remain within legal boundaries.The study adopts a quantitative approach using panel data regression methods.Data processing and analysis were conducted using EViews version 12.The research sample consists of 13 technology sector companies selected through purposive sampling,with an observation period spanning five years(2019-2023),resulting in a total of 65 observations.The analysis results indicate that leverage and firm value have a negative effect on tax aggressiveness.Conversely,managerial ownership is found to have a positive effect on tax aggressiveness.Meanwhile,firm size does not show a significant influence on tax aggressiveness.
文摘This study analyzes the impact of profitability,firm size,and capital structure on firm value within the manufacturing sector.Utilizing a descriptive literature-based method,this research synthesizes various findings from previous studies to provide a comprehensive overview of the relationships among these variables.Profitability,often measured by Return on Assets(ROA)or Return on Equity(ROE),is expected to have a positive relationship with firm value as it reflects a company’s ability to generate profits.Firm size,measured by total assets or the logarithm of sales,is also assumed to influence firm value,both through economies of scale and better access to capital markets.Meanwhile,capital structure,measured by Debt to Equity Ratio(DER)or Debt to Asset Ratio(DAR),has a complex impact;while debt can enhance firm value through tax shields,excessive debt levels can increase financial risk and potentially decrease firm value.The synthesis of literature indicates a general consensus on the importance of profitability and firm size in shaping firm value,though there is variation in the significance and direction of the relationship for capital structure variables.This study provides important implications for company managers and investors in making strategic decisions related to resource allocation and selecting an optimal capital structure to enhance firm value.
文摘Chinese firms help 2,400 slum children to stay in school in Kenya’s capital city As laughter and singing echo through a community school in Mathare,a slum in the heart of Nairobi,Kenya’s capital,the vital role of quality education becomes unmistakably clear.
基金supported by the National Natural Science Foundation of China(Grant Nos.32360743,32072559,31860568,31560563 and 31160398)the National Key Research and Development Program(Grant No.2018YFD1000800).
文摘Tomato(Solanum lycopersicum)has become a model for the study of fleshy fruits.Comprehending the regulatory mechanisms of fleshy fruit ripening is important.Transcription factors(TFs),hormones,and epigenetic regulation mainly regulate tomato fruit ripening,and the initiation of ripening requires ethylene and ripening-related TFs,such as NAC,MADS-box,RIN,GH3,HD-ZIP,and basic helix-loop-helix.In this review,we summarize recent research progress on these TFs in the regulation of tomato fruit ripening and highlight the crosstalk mechanisms of ethylene and ripening-related TFs.By affecting ethylene synthesis and signaling,TFs regulate softening and color changes in tomato fruits,thereby influencing fruit quality.Our review contributes to a systematic understanding of the regulatory mechanisms of tomato fruit ripening and provides a basis for developing or modeling complex ripening regulatory networks.
基金supported in part by the National Natural Science Foundation of China under Grant No.72264036,in part by the West Light Foundation of The Chinese Academy of Sciences under Grant No.2020-XBQNXZ-020Xinjiang University of Finance and Economics Postgraduate Innovation Project XJUFE2024K036.
文摘Purpose:Currently,different research conclusions exist about the relationship between relational capital and corporate innovation.The research aims to(1)reveal the actual relationship between executive alumni relations and firm innovation performance,(2)examine the moderating role of executive academic backgrounds,(3)analyze the paths for firms to leverage knowledge spillovers from regional universities to promote firm innovation by their geographic location.Design/methodology/approach:A social network approach is used to construct alumni relationship networks of A-share listed companies in Shanghai and Shenzhen,China.A two-way fixed effects model is used to assess the impact of firms’structural position in executive alumni networks on firms’innovation performance.In addition,the research also delves into the interactions between knowledge spillovers from geographic locations and executives’alumni networks,aiming to elucidate their combined effects on firms’innovation performance.Findings:This paper explores the curvilinear relationship between executive alumni networks’centrality and firm innovation within the Chinese context.It also finds that in the positive effect interval on the right side of the“U-shaped,”the industry with the highest number of occurrences is the high-tech industry.Moreover,it elucidates the moderating influence of executives’academic experience on the alumni networks-innovation nexus,offering a nuanced understanding of these dynamics.Lastly,we provide novel insights into optimizing resource allocation to leverage geographic knowledge spillovers for innovation.Research limitations:The study may not fully represent the broader population of firms,particularly small and medium-sized enterprises(SMEs)or unlisted companies.Future research could expand the sample to include a more diverse range of firms to enhance the generalizability of the findings.Practical implications:Firstly,companies can give due consideration to the alumni resources of executives in their personnel decisions,but they should pay attention to the rational use of resources.Secondly,universities should actively work with companies to promote knowledge transfer and collaboration.Originality/value:The findings help clarify the influence mechanism of firms’innovation performance,providing theoretical support and empirical evidence for firms to drive innovation at the executive alumni relationship network level.
基金financially supported by Natural Science Foundation of Anhui Provincial Department of Education(2022AH050337)State Key Laboratory of Safety and Health for Metal Mines(2022-JSKSSYS-04)the Project of National Key Research and Development Program(2022YFC3901405).
文摘Nitrogen oxides(NO_(x))and particulate matter(PM)present significant risks to both human health and environmental sustainability.The Integrated Dust Removal and Denitrification Technology(DRDt)offers a more efficient and cost-effective solution for achieving ultralow industrial flue gas emissions;however,its effectiveness is undermined by low catalyst load rates and poor stability in filter materials.This study addresses these limitations by modifying conventional PTFE filter media(PTFE-Tim)through the incorporation of sodium alginate(SA)and dopamine(DA)as modifiers,resulting in two new filter materials:PTFE-SA-MOF and PTFE-DA-MOF.By optimizing the parameters of an orthogonal experimental design,we identified the ideal preparation conditions for these composite materials.The addition of SA and DA enhanced the bonding between the catalyst(Mn-Cu-MOF)crystal particles and the PTFE fibers through mechanisms such as ion exchange,hydrogen bonding,and adhesion.Consequently,the catalyst loading rate and stability of the DRDt filters were significantly improved.Specifically,the PTFE-SA-MOF and PTFE-DA-MOF filters achieved high catalyst loading rates of 15.97% and 15.86%,these values represent improvements of 2.53 and 2.51 times,while maintaining excellent stability,with mass retention rates of 98.64% and 98.27%,respectively,over the conventional PTFE-Tim filter.
文摘Logistics service providers significantly contribute to environmental degradation through improper waste disposal,hazardous packaging materials,excessive fuel consumption,and emissions.This study examines the impact of green in-bound logistics and green outbound logistics on environmental,economic,and social performance of logistics companies using survey data from 221 Vietnamese logistics firms.Statistical analysis using Structural Equation Modeling revealed that green inbound logistics positively influences environmental and social performance while moderately affecting eco-nomic outcomes.In contrast,green outbound logistics demonstrates stronger effects on economic and environmental performance but exhibits limited impact on social dimensions.The measurement model showed strong reliability and validity(Cronbach's Alpha>0.70,robust Composite Reliability and Average Variance Extracted values),with excellent fit indices(Chi-Square/df=1.681,GFI=0.898,TLI=0.945,CFI=0.956,RMSEA=0.056).These findings highlight important distinctions between inbound and outbound green logistics impacts,offering valuable insights for an industry with currently low adoption rates of sustainable practices.The research demonstrates that implementing green logistics enhances both environmental preservation and business performance,providing compelling evidence for companies to accelerate their sustainability transition.By understanding these differential impacts,logistics firms can develop more tar-geted and effective sustainability strategies that optimize triple bottom line outcomes.
文摘The antioxidant and anti-wrinkle firming effects of a combination of vitamin C(Vc)and black Ganoderma lucidum extract was evaluted.Through the DPPH radical scavenging model and elastase inhibition model,this research investigates the impact of these substances individually and in combination on antioxidant capabilities and anti-wrinkle firming effects.The results demonstrate that the combination of Vc and black Ganoderma lucidum extract exhibits significant antioxidant abilities at various concentrations,and is more effective than when each is used separately,indicating a synergistic interaction between them.Additionally,the combination also shows significant inhibition of elastase,suggesting potential applications in delaying the aging process of the skin.Furthermore,highperformance liquid chromatography(HPLC)was used to determine if reactions occur among the components of the mixture.The findings reveal that the concentration of Vc in the mixture is very close to the theoretical concentration and relatively stable,suggesting that the components function independently.A quantitative analysis using the Bliss independence model further confirms the synergistic effects of Vc and black Ganoderma lucidum extract at specific ratios,providing a scientific basis for the development of efficacious cosmetic products.
文摘By recruiting 30 participants with striae gravidarum and using anti-wrinkle skincare products as an intervention measure,skin elasticity testing,skin firmness testing,and stretch mark image collection were conducted before use the anti-wrinkle skincare products,on the 14th,28th,and 56th day of use the antiwrinkle skincare products,respectively.Combined with visual evaluation by researchers and self-assessment by participants,the role of anti-wrinkle skincare products in improving stretch marks during pregnancy was explored.The results showed that on the 14th,28th,and 56th day of using efficacy skincare products,the average depth,area,and volume of stretch marks in the test area decreased compared to the baseline values before use and showed statistical differences(P<0.05);The measured values of R5 and R7 parameters for evaluating skin elasticity at the test site were significantly higher than the baseline values before use(P<0.05).On the 28th and 56th day of using efficacy skincare products,the measured values of the skin firmness evaluation parameters in the test area decreased significantly compared to the baseline values before use,and there was a statistical difference(P<0.05).The scores of the number,depth,and skin laxity of abdominal stretch marks in the visual assessment of the researchers and self-assessment of the subjects were significantly reduced on days 14,28,and 56 compared to before using the anti-wrinkle skincare product(P<0.05).This suggests that the anti-wrinkle skincare product has the effect of improving the elasticity and firmness of the skin in subjects with striae gravidarum,as well as improving striae gravidarum.
文摘Xiaomi’s First Smart Home Appliance Factory Starts Operation in Wuhan Chinese tech firm Xiaomi launched its first smart home appliance factory in Wuhan,central China’s Hubei Province,on October 28,marking a major expansion of the tech giant’s manufacturing footprint beyond smartphones and vehicles.
文摘Firm-level productivity analysis serves as a cornerstone for understanding the micro-foundations of economic growth,industrial competitiveness,and efficient resource allocation.This comprehensive review synthesizes and critically evaluates the primary statistical and econometric methodologies employed in the measurement and analysis of productivity at the firm level.We systematically delineate the evolution from traditional parametric techniques,such as production function estimation and Stochastic Frontier Analysis(SFA),to non-parametric approaches,including Data Envelopment Analysis(DEA)and the Malmquist Productivity Index.A significant focus is placed on addressing pervasive micro-level challenges,notably firm heterogeneity,measurement error,and endogeneity biases,which are endemic to firm-level data.The paper further explores recent methodological innovations,highlighting the integration of machine learning,quantile regression,and network analysis into the productivity research arsenal.By providing a structured guide for selecting and applying appropriate statistical tools,this review aims to equip researchers with the knowledge to conduct robust micro-level productivity analyses.Finally,we outline promising future research trajectories,emphasizing the potential of novel data sources and computational methods to deepen our understanding of productivity determinants.
基金supported by General Project of the National Social Science Fund of China(NSSFC),“Mechanisms and Strategies of Artificial Intelligence’s Impact on Inter-firm Wage Disparities”(Grant No.21BJY097).
文摘The diffusion of industrial robot technology has coincided with increasing divergence in firms’market shares,potentially leading to enhanced market power and shifts in the distribution of factor income.This paper investigates the impact of industrial robot adoption on firms’labor income share and explores the underlying mechanisms,with particular attention to the rise of superstar firms.The findings suggest that,overall,the use of industrial robots contributes to an increase in labor’s income share,reflecting a generally favorable trend for labor’s position in primary income distribution.This effect,however,is markedly heterogeneous across different types of firms,regions,and industries.A significant concern is that robot adoption strengthens firms’relative market power within industries,fueling the emergence of superstar firms.These firms jointly influence labor income share through both a competition effect and a demonstration effect:the former is the main cause of declining labor shares,while the latter introduces a new channel through which labor’s share is further reduced.Although antitrust policies can help improve labor’s income share,they are not well-suited to curbing the market power expansion driven by industrial robot adoption.Thus,the concern over superstar firms’suppression of labor income remains.Amid the intensifying trend of“machines replacing humans”,this paper offers empirical insights into how to address the distributional implications brought about by the rise of superstar firms.
基金Research on the Impact of Navel Orange Industry Development on the Ecological Environment and Its Countermeasures(Project from Jiangxi Provincial Department of Science and Technology,2012BBF60185,Second Principal Investigator:Jinqiao Ling)Research on the Reform of Cultural Foundational Courses in Vocational Colleges and the Cultivation of Students’Professional Quality(Provincial Social Science Project,JXJGYX-2011-32,Second Principal Investigator:Jinqiao Ling)Research on Promoting Green Ecological Creation in Ganzhou(Ganzhou Federation of Social Sciences Circles,JXGZ-2010-09,Principal Investigator:Jinqiao Ling).
文摘As the Sarawak state government accelerates infrastructure development to stimulate economic growth,it has attracted numerous foreign construction enterprises-particularly Chinese firms-entering the market through low-cost bidding.However,this foreign-dominated model,while improving efficiency,has triggered local enterprise marginalization,industrial chain fragmentation,payment delays,and project setbacks,undermining the intended economic spillover effects of public investment.Grounded in policy analysis and field evidence within a dependency theory framework,this study evaluates the structural impacts of foreign participation on Sarawak’s local economy,uncovers governance gaps,and proposes strategies to enhance local economic resilience under open-market conditions.The findings reveal that foreign contractors(especially Chinese enterprises),despite their capital and technological advantages in dominating mega-projects,exhibit pervasive shortcomings:inadequate local participation(falling far below the 40%policy target),deficient knowledge transfer(local firms hold only 6%of green technology patents),significant value leakage(foreign profit repatriation dominated project value flows),and widespread execution delays/cost overruns due to underestimation of tropical climate-geological risks,institutional maladaptation,and resource misallocation.Drawing on experiences from the Philippines,Indonesia,and Vietnam,the study proposes systemic reforms:introducing a Low-Bid Risk Evaluation System(LRES),enforcing a mandatory Local Participation Index(LPI),establishing a Smart-Contract-Based Digital Payment Chain System(DPCS)to protect subcontractors,and requiring pre-bid local adaptation training for foreign contractors.These recommendations aim to construct“embedded institutional resilience,”transforming policy intent into executable governance mechanisms to ensure infrastructure investment genuinely serves Sarawak’s inclusive and sustainable growth.
文摘China’s Web presence could soon lead the world as its number of Internet users continues to grow According to a China Internet Network Information Center (CNNIC)report released on January 17,the country’s
基金National Natural Science Foundation of China,No.42301203Strategic Public Policy Research Grant of the Policy Innovation and Coordination Office of the Hong Kong SAR Government,No.S2017.A8.007.17S+2 种基金Guangdong Basic and Applied Basic Research Foundation,No.2022A1515110969Major Program of National Social Science Foundation of China,No.21&ZD107GDAS’Project of Science and Technology Development,No.2023GDASZH-2023010101。
文摘The perfection of the cross-border regional innovation system of the Pearl River Delta(PRD)and Hong Kong region remarkably underpins the construction of the Guangdong-Hong Kong-Macao Greater Bay Area(GBA)towards an international technological innovation hub.This paper focuses on the relational characteristics of the usage of technological innovation functions and elements,including labor force,technology,and producer services from Hong Kong region by high-technology firms in the PRD,and probes into the influencing factors by integrating the objective perspective on the impact of firm-level socioeconomic attributes and subjective perspective on the open interpretations on the reasons by using or not using technological innovation functions and elements from Hong Kong region by various stakeholders in high-technology domains in the PRD.Key research findings are fourfold.First,Hong Kong's technological innovation functions primarily ride on its institutional advantages under the“One Country,Two Systems”framework to empower high-technology firms in the PRD by expanding their international market,international business operation,and financing,but cross-border investment and entrepreneurship has retrieved to a relatively marginalized position.The degree of supply-demand relations of producer services is the highest,followed by labor force and technology.Second,Hong Kong-invested,large-sized,and long-standing high-technology firms in the PRD are more inclined to use technological innovation elements from Hong Kong region,while domestic,small-and-medium-sized,and start-up high-technology firms in the PRD are in turn,gradually unhooked from the supply of technological innovation elements from Hong Kong region.Third,Hong Kong enjoys both advantages and disadvantages in supplying labor forces,technologies,and producer services to high-technology firms in the PRD,with advantages in competitiveness,international linkages and visions,and disadvantages in high cost,lack of more profound mutual understanding between Hong Kong and the PRD,and the imperfect cooperation mechanisms.Fourth,interactions among the transitioning role of Hong Kong region in the macro-level global and national economic development landscape,meso-level cross-border regional specificities under the“One Country,Two Systems”framework,and micro-level heterogeneous practices and capabilities of firms influence the usage of technological innovation functions and elements from Hong Kong region by high-technology firms in the PRD.
文摘This study explores the impact of board diversity on firm performance,with a focus on companies listed on the Singapore Stock Exchange(SGX).Board diversity is examined across various dimensions,including gender,age,ethnicity,and professional background,to understand its relationship with key performance indicators such as Return on Assets(ROA)and Return on Equity(ROE).Using a quantitative research approach,the study analyzes data from 90 publicly listed firms,employing descriptive statistics,correlation analysis,and multiple regression techniques.The findings reveal that the direct correlation between board diversity and financial performance,particularly in terms of ROA and ROE,is not statistically significant in the studied sample.Despite the lack of direct significance,the research underscores the nuanced and multifaceted role of diversity in corporate governance,suggesting that its impact may be more complex and influenced by various contextual factors.The study concludes by recommending that companies continue to enhance gender diversity,balance age structures,tailor professional backgrounds to industry needs,and manage board tenure effectively to optimize corporate governance and support sustainable growth.
文摘Socialism with Chinese characteristics is the socialism of peaceful development,and socialist cause with Chinese characteristics is the cause for all-win cooperation with all countries in the world.In order to co-ordinate both the domestic and international overall situations,both peace and development issues,promote mutually benefit and all-win outcomes and the sound interaction between the
文摘An important feature of China developing its aerospace industry is its insistence on self-reliance and independent innovation,because China firmly believes that aerospace is a hi-tech industry and high core technologies cannot be bought.Only by mastering core technologies can China firmly grasp the initiative in development.
