{"title":"Southeast Asian catch-up through the convergence of trade structures","authors":"Wonsub Eum, Sira Maliphol","doi":"10.1080/19761597.2022.2095292","DOIUrl":"https://doi.org/10.1080/19761597.2022.2095292","url":null,"abstract":"ABSTRACT Regional trade agreements are vigorously debated, especially since the effects of trade on economic development is uncertain. Since East Asian trade occurs mostly within the region, we examine how trade structures might affect economic growth and provide directionality. The role of export composition is known to affect the rate of growth of emerging economies depending on trade structure similarity. This paper analyses the role of export baskets in the economic growth of developing countries in Southeast Asia, and tests the hypothesis that similarity of export structures leads to economic catch-up by providing directionality. The empirical analysis uses export data of East Asian countries to measure the bilateral similarities in export structures between the past and the present trade structures of Southeast Asian countries and comparing them withNortheast Asian countries that became wealthier earlier and Southeast Asian countries that tend to be latecomers. We find that the similarity of export structure provides directionality based on the overall competitiveness of a country's export sectors. This study fills the previous research gap of structural change from the perspectives of catch-up and directionality, by analysing the linkage between export structure convergence and economic catch-up, and linkage between export structure diversification and path-dependence.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47131724","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital finance, absorptive capacity and enterprise dual innovation: an empirical analysis on mediation and threshold effects","authors":"Yongkui Li, Xiaokang Liu, Qingbin Zhao","doi":"10.1080/19761597.2022.2095518","DOIUrl":"https://doi.org/10.1080/19761597.2022.2095518","url":null,"abstract":"ABSTRACT Based on the data of listed companies in Chinese A stock market between 2011 and 2020, This paper discusses the empirical analysis of digital finance on enterprise dual innovation by adopting the mediating effect model and threshold regression model, and estimates the mediation and threshold effects of absorptive capacity among them. Our study find that the development of digital finance exerts a significant positive effect on enterprise dual innovation. Compared with exploitative innovation, digital finance exhibits a greater promoting effect on exploratory innovation. Absorptive capacity displays a greater mediating effect between digital finance and exploratory innovation, and exploitative innovation reveals a significant positive effect on exploratory innovation. There is non-linear relationship between digital finance and corporate dual innovation, and the promotion effect shows a leaping growth pattern and significant threshold effect. The heterogeneity analysis from the perspective of property rights and enterprise size shows that the incentive effect of digital finance development on enterprises dual innovation is mainly reflected in non-state-owned enterprises and small and medium-sized enterprises. This research expands the relevant theories of corporate innovation and digital finance, to provides empirical evidence for corporate decision-making.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45245401","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Strengthening top–down design? Mapping science, technology and innovation policy developments in China in the age of COVID-19","authors":"Yi Yang, Meng Liang, Shouji Sun, Yunjin Zou","doi":"10.1080/19761597.2022.2070508","DOIUrl":"https://doi.org/10.1080/19761597.2022.2070508","url":null,"abstract":"ABSTRACT\u0000 In the COVID-19 era, science, technology and innovation (STI) dynamics witness fundamental changes as the global expansion of government mission-oriented STI policies emphasises political stability, environmental sustainability and social inclusiveness. How does this global directionality affect China, a country known for its strong leadership in setting strategic STI policy directions? By performing a content analysis of 1,268 STI policies issued by the Chinese government before and after the pandemic started in 2020, we document the country’s latest attempts of top–down design of STI dynamics that use import and export barriers to restrict the flows of STI activities while crack down on the country’s effervescent STI scene to control what Chinese enterprises see and do, at both the national and local government levels. This increasing protectionist and interventionist tendency is a legacy of the U.S.-China trade war era when China was forced to ensure that its domestic technological progress could continue independently of the global market. However, to achieve such independence, we suggest that the country needs to restructure its demand-side, supply-side and environmental-side STI policy instruments to create a more efficient market space for techno-entrepreneurship, as it is hard to shore up political control without damping bottom–up entrepreneurial vigour.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44832051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Co-evolution of firm innovative capability and external network: entrepreneurial orientation as antecedent – a longitudinal case study of the CHINT group","authors":"Yongsheng Xiang, Yingying Jiang","doi":"10.1080/19761597.2022.2070769","DOIUrl":"https://doi.org/10.1080/19761597.2022.2070769","url":null,"abstract":"ABSTRACT Based on the longitudinal case study of the CHINT group for about 40 years, this paper analyses co-evolution of cluster firm innovative capabilities and its external networks; results show that firm's product and market exploratory/exploitative innovation have been improved with the continuous development of network type from manufacturing and marketing network to innovation network, and evolution of network construction by changing network relations, size and range. Then the levels of internal innovative capabilities and developments in different stages restrict and influence the characters and evolutionary path of network types and constructions. But, entrepreneurial orientation will also bring significant impacts on the co-evolution of innovation capabilities and firm's external networks.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46573288","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Government innovation subsidy, monetary policy, and corporate R&D investment: evidence from China","authors":"Yupeng Zhang, Min Huang, Yoonbai Kim, Qian Wang","doi":"10.1080/19761597.2022.2063145","DOIUrl":"https://doi.org/10.1080/19761597.2022.2063145","url":null,"abstract":"ABSTRACT From a perspective of coordinating fiscal and monetary policies, this study constructs the government innovation subsidy indicator using the text search method, and examines the impact and mechanisms of government innovation subsidy on corporate research and development (R&D) investment, then investigates how expansionary monetary policy influences this effect. We find that government innovation subsidy can be a booster for corporate R&D by reducing corporate debt financing cost and increasing internal financing, and loose monetary policy suppresses the positive effect of government innovation subsidy on corporate R&D investment. This study offers macroeconomic policy implications that support corporate innovation.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47873277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cognitive proximity, technological regime and knowledge accumulation: an agent-based model of interfirm knowledge exchange","authors":"Jiebing Wu, Yanni Yuan, B. Guo","doi":"10.1080/19761597.2022.2060274","DOIUrl":"https://doi.org/10.1080/19761597.2022.2060274","url":null,"abstract":"ABSTRACT Innovations in industrial clusters are highly dependent on a combination of internal and external knowledge among cluster firms with optimal levels of cognitive proximity. Meanwhile, all innovation activities in a cluster are affected by technological regime within that cluster, which is captured in terms of knowledge cumulativeness and knowledge distribution in this paper. Based on knowledge-based theory, this study develops an agent-based model of interfirm knowledge exchange, exploring the interplay of cognitive proximity and technological regime on a cluster’s knowledge accumulation. The results corroborate that cognitive proximity and cumulativeness condition jointly exert a significant inverted ‘U’-shaped effect on a cluster’s knowledge accumulation. The strength and shape of this effect are different for clusters with low versus high levels of cognitive proximity. Furthermore, the study extends the literature on technological regime by distinguishing the effects between knowledge cumulativeness and knowledge distribution, and the results reveal that large firm clusters (/SME clusters) perform best under a high (/low) level of knowledge cumulativeness. By simulating the sequential process of innovation dynamics, the study deepens understanding of mechanism behind how proximity affects innovation within clusters, thereby contributing to disentangling the interrelationships between cognitive proximity and technological regime.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41821350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Institutional innovation readiness for Industry 4.0 education: towards an inclusive model for the Kingdom of Bahrain","authors":"Hameeda A. AlMalki, C. Durugbo","doi":"10.1080/19761597.2022.2056492","DOIUrl":"https://doi.org/10.1080/19761597.2022.2056492","url":null,"abstract":"ABSTRACT The aim of this study is to explore factors that contribute to institutional innovation readiness for Industry 4.0 education from the perspective of institutional experts and to develop a conceptual model for inclusive Industry 4.0 education. The study involves semi-structured interviews with 28 managers and strategists from various triple helix (i.e. educational, industrial and governmental) institutions in the Kingdom of Bahrain. Using thematic analysis and guided by a constructivist perspective, the study finds sets of themes for reform essentialities and value expectancies associated with institutional innovation for Industry 4.0 education. Reform essentialities pertain to educational system flexibility and funding, school curriculum revision and restructuring and high-performance talent and training. Similarly, value expectancy entails skills-focused programmes for lifelong and project-based learning, students-focused programmes for agile and responsive specialities, public-oriented programmes for empowering and transforming mind-sets and research-oriented programmes for developing and sustaining competencies. Managerially, this study stresses the need for multi-level (i.e. organisational-institutional-regional) strategic alignment that promotes and enhances co-evolution of institutions with technological advances. The study also highlights the practical role of programme-driven innovation for institutions to focus strategic foresight and readiness to cope with Industry 4.0 education demands through skills-focused, students-focused, public-oriented and research-oriented programmes.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48544261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does firm size matter? Decomposing Korean firms’ productivity growth based on a stochastic frontier approach and its policy implications","authors":"Yeongjun Yeo, Chansoo Park","doi":"10.1080/19761597.2022.2049975","DOIUrl":"https://doi.org/10.1080/19761597.2022.2049975","url":null,"abstract":"ABSTRACT Despite the significance of transition in the growth stages, there is a lack of evidence on the different characteristics of firm size in terms of the sources of TFP growth. This study applies a stochastic frontier analysis to Korean firms to decompose the sources of total factor productivity growth into technical progress, technical efficiency changes, scale changes and allocative efficiency changes. Specifically, this study analyses the determinants of TFP growth by firm size (i.e. small-, mid- and large-sized firms) and explores firm-size-specific factors that influence their productivity growth rates. Our results suggest that contributions of four components to TFP growth by firm-size classes show somewhat different patterns. These results imply that each class has different sets of challenges in terms of improving productivity growth potentials. The main findings are expected to lay foundations for designing elaborate firm-size-dependent policies to spur the evolutionary process of a firm’s capacity building.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46030319","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Differential impact of subsidised and nonsubsidized policies on the innovation of new energy vehicle enterprises: evidence from China","authors":"Shufeng Qin, Yongqing Xiong","doi":"10.1080/19761597.2022.2044871","DOIUrl":"https://doi.org/10.1080/19761597.2022.2044871","url":null,"abstract":"ABSTRACT\u0000 There are many controversies about the actual effect of China’s new energy vehicle (NEV) industry policy in promoting the innovation of NEV enterprises. This study classifies China’s NEV industry policies into two categories, subsidised policy and nonsubsidized policy, and divides the innovation behaviour of NEV enterprises into high- and low-quality innovation. We selected the data from 2010 to 2019 to analyze the impacts of the abovementioned policies on the two innovations, the differences during the various development stages of the industry, and the moderating effect of the political connections of NEV enterprises. The results demonstrated that the promoting effect of subsidised policy on innovation increased at first and then decreased, and the policy is more likely to cause enterprises to prefer low-quality innovation. The promoting effect of nonsubsidized policy on innovation gradually increases, and the policy has a greater impact on high-quality innovation. Further analysis revealed that the political connections positively moderate the influence of subsidised policy on low-quality innovation, but negatively moderate the influence of nonsubsidized policy on high-quality innovation.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42204831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Patent citing patterns of foreign firms: an analysis of Indian IT services industry","authors":"Aparna Sharma, Ruchi Sharma","doi":"10.1080/19761597.2022.2026234","DOIUrl":"https://doi.org/10.1080/19761597.2022.2026234","url":null,"abstract":"ABSTRACT This study captures the origin and pattern of foreign knowledge inflows to the Indian IT services industry using patent citation data. It examines the patterns of backward patent citations by the US origin and non-US origin foreign IT services firms operating in India using the USPTO patent citation data from 2013 to 2017. To analyze the citing patterns of firms, we classified backward citations into two categories: self-citations and non-self-citations. Our study finds that patents granted to the US origin firms hold a relatively higher number of backward citations and a higher average number of inventors. It indicates that the Indian IT services industry receives more complex technology inflows from the US origin firms compared to non-US origin firms. It also shows a positive relationship between self-citations and lowers patent grant lag. Further, this study suggests that more self-citations by the US origin firms reinforce more patents that develop a patent cycle for a firm. Therefore, the US origin firms in the Indian IT services industry dominate in patenting activities at USPTO.","PeriodicalId":45884,"journal":{"name":"Asian Journal of Technology Innovation","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2022-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43833608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}