scholarly journals Research on the Impact of Trade System on Open Innovation Mode of Manufacturing Industry under the COVID-19 Epidemic Situation

Author(s):  
Quan TAO
2018 ◽  
Vol 10 (12) ◽  
pp. 4652 ◽  
Author(s):  
Alireza Javanmardi Kashan ◽  
Kavoos Mohannak ◽  
Mirko Perano ◽  
Gian Luca Casali

The aim of this paper is twofold: firstly, investigate the theory of governance and open innovation by adding the process of value creation and value capture; secondly, to discuss the potential link between open innovation and economic sustainability. With the current emphasis of the literature being on either the value creation or value capture processes, the phenomenon of open innovation is only partially understood. To help broaden this understanding, we conducted an in-depth case study of the processes behind the transformation of governance structures at Iran Khodro Company (IKCO), which led to the emergence of both value creation and capture processes. A multi project analysis (from 1994 to 2012) has point out that IKCO have created and developed a formal value creation and capture processes from the part level through to the architectural level, allowing a gradual openness at those levels and at the same time ensuring a greater economic sustainability of the IKCO business. These findings reveal the existence of four unique levels of open innovation in product development architecture. Practical implications are also provided relating the impact that each of these levels can have on the economic sustainable model of the firms in the manufacturing sector.


2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Shao Bo ◽  
Bi Kexin

The open mode of the manufacturing innovation system under conventional conditions makes it difficult to realize the open operation of the green innovation system, which also lacks operational capability and has low analysis coverage. Therefore, an open model of the green innovation system in the manufacturing industry is put forward. The opening and functional elements of the model are determined. The mechanism of the environmental aspects is clarified. The adaptability of different levels of the innovation process is discussed, and its evolution theory is derived. Finally, the best open innovation model’s selection rules are chosen to realize the analysis of the open innovation model’s mechanism. Its established operational index and model mechanism are discovered for the manufacturing industry. The experimental data show that our proposed model of the green innovation system is more efficient than the conventional model as its operational ability is increased by 33.42%, and the coverage rate is enhanced by 54.32%.


2019 ◽  
Vol 118 (2) ◽  
pp. 7-12
Author(s):  
Ok-Hee Park ◽  
Kwan-sik Na ◽  
Seok-Kee Lee

Background/Objectives: The purpose of the paper is to examine how family-friendly certificates introduced to pursue the compatibility of work and family life affect the financial performance of small and medium-sized manufacturers, and to provide useful information to companies considering the introduction of this system in the future.


2021 ◽  
Vol 33 (1) ◽  
Author(s):  
Emily Chang ◽  
Kenneth Zhang ◽  
Margaret Paczkowski ◽  
Sara Kohler ◽  
Marco Ribeiro

Abstract Background This study seeks to answer two questions about the impacts of the 2020 Environmental Protection Agency’s enforcement regulation rollbacks: is this suspension bolstering the economic viability of industries as oil and manufacturing executives claim they will and are these regulations upholding the agency’s mission of protecting the environment? Results To answer the former question, we utilized 6 months of state employment level data from California, United States, as a method of gauging the economic health of agency-regulated industries. We implemented a machine learning model to predict weekly employment data and a t-test to indicate any significant changes in employment. We found that, following California's state-issued stay-at-home order and the agency’s regulation suspension, oil and certain manufacturing industries had statistically significant lower employment values. To answer the latter question, we used 10 years of PM2.5 levels in California, United States, as a metric for local air quality and treatment–control county pairs to isolate the impact of regulation rollbacks from the impacts of the state lockdown. Using the agency’s data, we performed a t-test to determine whether treatment–control county pairs experienced a significant change in PM2.5 levels. Even with the statewide lockdown—a measure we hypothesized would correlate with decreased mobility and pollution levels—in place, counties with oil refineries experienced the same air pollution levels when compared to historical data averaged from the years 2009 to 2019. Conclusions In contrast to the expectation that the suspension would improve the financial health of the oil and manufacturing industry, we can conclude that these industries are not witnessing economic growth with the suspension and state shutdown in place. Additionally, counties with oil refineries could be taking advantage of these rollbacks to continue emitting the same amount of PM2.5, in spite of state lockdowns. For these reasons, we ask international policymakers to reconsider the suspension of enforcement regulations as these actions do not fulfill their initial expectations. We recommend the creation and maintenance of pollution control and prevention programs that develop emission baselines, mandate the construction of pollution databases, and update records of pollution emissions.


2021 ◽  
Vol 13 (11) ◽  
pp. 6294
Author(s):  
Peiqing Zhu ◽  
Jianbo Song

Internal control plays a role in risk prevention for firms when dealing with serious emergencies, which ensures the sustainable development of firms during a crisis. Based on the rapid outbreak of COVID-19 in China, this paper empirically tests whether internal control alleviates the negative impact of the pandemic on firm performance. Using a sample of Chinese listed firms from the first quarter of 2019 to the third quarter of 2020 and employing the difference-in-difference (DID) method, we find that the firms with a higher quality of internal control achieve better financial performance during the pandemic period; the more serious the pandemic is, the more obvious effect internal control plays. Furthermore, we consider the industry heterogeneity and firm heterogeneity of the risk resistance effect of internal control. In the manufacturing industry, which is a “disaster zone” of the pandemic, and the non-high-tech industry with a low degree of digitization, internal control can play a more important role in firms’ performance. Moreover, for state-owned enterprises, and firms with strong financing constraints, the role of internal control is more prominent. The above results provide empirical evidence for the risk prevention function of internal control and shed new light on the measures for firms to resist emergencies in the future.


2021 ◽  
Vol 13 (7) ◽  
pp. 3866
Author(s):  
Joana Costa ◽  
Ana Rita Neves ◽  
João Reis

Open innovation is proved to be determinant in the rationalization of sustainable innovation ecosystems. Firms, universities, governments, user communities and the overall environment are called to contribute to this dynamic process. This study aims to contribute to a better understanding of the impact of open innovation on firms’ performance and to empirically assess whether university-industry collaborations are complementary or substitutes for this activity. Primary data were collected from a survey encompassing 908 firms, and then combined with performance indicators from SABI (Spanish and Portuguese business information). Econometric estimations were run to evaluate the role of open innovation and university-industry collaboration in the firm innovative propensity and performance. Results highlight the importance of diversity in collaborations with the academia and inbound open innovation strategy as enhancers of firm performance. The two activities reinforce each other. By testing the impact of open innovation practices on company performance, the need for heterogeneity in terms of contact type and university is also demonstrated. Findings cast light on the need to reformulate existing policy packages, reinforcing the ties with academia as well as the promotion of open innovation strategies. The connection to the innovation ecosystem needs to be further encouraged as well as the promotion of persistent connections with the knowledge sources in an open and multilateral framework.


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