We analyze diversification of boundaries of local firms in developing countries under the economic globalization. The globalization has an aspect of homogenization of the world economy, but also has another aspect of diversification through international economic activities. Focusing on...

China is the world's largest user of industrial robots. In 2016, sales of industrial robots in China reached 87,000 units, accounting for around 30 percent of the global market. To put this number in perspective, robot sales in all of Europe and the Americas in 2016 reached 97,300 units...

Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...

Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...

Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...

Within the special environment of the ChiNext market, we study how an internationalization strategy affects the independent innovation of Chinese entrepreneurial companies from two dimensions: R&D input and patent output. An internationalization strategy has a significant incentive effect on R&D...

With deregulation and globalization, and the direct impact of these developments on economies worldwide, it is necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic engine toward sustained growth. This paper argues that...

Using a recent sample of hi-tech Chinese small and medium-size enterprises (SMEs), we examine whether family-owned businesses (FBs) can show better innovative productivity than non-FBs. We find that family firms produce a higher level of innovative productivity, consuming less innovation input...

We employ the data of 290 cities in China from 2006 to 2019 as a research sample and use the Multi-period DID method to test the policy shock of National E-commerce Demonstration Cities (NEDC) pilots on high-end service industry agglomeration. We find that after becoming pilot cities, the...