scholarly journals Analysis of Export Technology Complexity Structure of High-tech Manufacturing Industry in China and the US

2019 ◽  
Author(s):  
Yumeng Hu ◽  
Xing Zheng
Keyword(s):  
Manufacturing Industry ◽  
High Tech ◽  
The Us

scholarly journals PROMOTING THE EXPORT OF HIGH TECHNOLOGY PRODUCTS BY THE US PROCESSING INDUSTRY

2021 ◽  
Vol 7 (2) ◽  
pp. 30-46
Author(s):  
V. N. Minat
Keyword(s):  
Manufacturing Industry ◽  
Evolutionary Dynamics ◽  
Practical Interest ◽  
Foreign Market ◽  
The United States ◽  
High Tech ◽  
Technology Products ◽  
The Us ◽  
Us Government ◽  
Tools And Methods

The trade policy pursued by the US government certainly provides as one of the most important measures to stimulate the export of those commodity groups that determine the development of the  country's  economy,  shape  its  innovative  nature  and  the  possibilities  for  the  expansionist promotion of American capital in the global, global geo-economic space. Such goods include high tech products of the American manufacturing industry, the forms, means, tools and methods of export  promotion  of  which  are  the  subject  of  this  study.  Having  studied  the  evolutionary dynamics  of  the  volume  and  structure  of  the  stimulating  elements  of  export  regulation  of American high-tech products  for  the  period  1946–2019,  we  identified  long-term trends characterizing the effective combination of assistance, encouragement, assistance and support to national exporters of the relevant commodity groups in the foreign trade activities of the United States. Based on the results of the study, conclusions are drawn about the unconditional priority of  stimulating  the  export  of  high-tech  products  of  the  US  manufacturing  industry  during  the entire  period  under  consideration,  characterized  by  a  flexible combination of the use of appropriate  forms,  means,  tools  and  methods  of  this  stimulation.  The  author  emphasizes  the primacy of expediency and efficiency in the choice of directions for the expansionary promotion of high-tech products of the American economy to the foreign market, which, of course, is of practical interest for Russian use.

Structural change and relative demand for skilled workers: new evidence from the US manufacturing

2019 ◽  
Vol 28 (6) ◽  
pp. 1673-1696
Author(s):  
Aekapol Chongvilaivan ◽  
Jung Hur
Keyword(s):  
Structural Change ◽  
Wage Inequality ◽  
Capital Investment ◽  
Manufacturing Industry ◽  
High Tech ◽  
Skilled Workers ◽  
High Productivity ◽  
Relative Demand ◽  
The Us ◽  
Manufacturing Sectors

Abstract The present paper empirically investigates the effects of structural change—change in labor productivity fueled by labor reallocation across industries—on relative demand for skilled workers, using the NBER-CES Manufacturing Industry Database for the period of 1958–2011. The measures unveil that the US manufacturing sectors had experienced dramatic structural change since the 1990s when labor was reallocated from high-productivity to low-productivity industries. Furthermore, we find the evidence that the growth-reducing structural change impinges positively on relative demand for skilled workers and is therefore another driving force of rising wage inequality, apart from high-tech capital investment and outsourcing activities, in the US manufacturing sectors.

Artificial Intelligence as a Technological Innovation to Accelerate Economic Development

2019 ◽  
Vol 12 (3) ◽  
pp. 125-133
Author(s):  
S. V. Shchurina ◽  
A. S. Danilov
Keyword(s):  
Artificial Intelligence ◽  
Economic Development ◽  
Technological Innovation ◽  
Manufacturing Industry ◽  
New Technologies ◽  
Retail Trade ◽  
High Tech ◽  
Industrial Complex ◽  
Technological Gap ◽  
The Government

The subject of the research is the introduction of artificial intelligence as a technological innovation into the Russian economic development. The relevance of the problem is due to the fact that the Russian market of artificial intelligence is still in the infancy and the necessity to bridge the current technological gap between Russia and the leading economies of the world is coming to the forefront. The financial sector, the manufacturing industry and the retail trade are the drivers of the artificial intelligence development. However, company managers in Russia are not prepared for the practical application of expensive artificial intelligence technologies. Under these circumstances, the challenge is to develop measures to support high-tech projects of small and medium-sized businesses, given that the technological innovation considered can accelerate the development of the Russian economy in the energy sector fully or partially controlled by the government as well as in the military-industrial complex and the judicial system.The purposes of the research were to examine the current state of technological innovations in the field of artificial intelligence in the leading countries and Russia and develop proposals for improving the AI application in the Russian practices.The paper concludes that the artificial intelligence is a breakthrough technology with a great application potential. Active promotion of the artificial intelligence in companies significantly increases their efficiency, competitiveness, develops industry markets, stimulates introduction of new technologies, improves product quality and scales up manufacturing. In general, the artificial intelligence gives a new impetus to the development of Russia and facilitates its entry into the five largest world’s economies.

scholarly journals The Role of Internal Control in Firms’ Coping with the Impact of the COVID-19 Pandemic: Evidence from China

2021 ◽  
Vol 13 (11) ◽  
pp. 6294
Author(s):  
Peiqing Zhu ◽  
Jianbo Song
Keyword(s):  
Internal Control ◽  
Manufacturing Industry ◽  
Firm Heterogeneity ◽  
Negative Impact ◽  
Risk Prevention ◽  
High Tech ◽  
Obvious Effect ◽  
The Difference ◽  
The Impact

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.

Lenovo’s successful acquisition of the IBM PC Division

2016 ◽  
Vol 32 (9) ◽  
pp. 32-35
Author(s):  
Mark Thomas
Keyword(s):  
Design Methodology ◽  
Chinese Economy ◽  
High Tech ◽  
Tablet Computers ◽  
Content Type ◽  
Us Economy ◽  
The Us ◽  
Pertinent Information ◽  
Traditional Manufacturing

Purpose The purpose of this paper is to analyze Lenovo’s successful acquisition of IBM’s PC division using Ghemawat’s (2001) CAGE framework. It was an acquisition that was so full of symbols that it is difficult to know where to begin. Lenovo’s purchase of IBM in 2005 was first seen as a sign of the rapid growth and expansion of the Chinese economy and its transformation away from the traditional manufacturing base to more high-tech areas. For doomsday merchants in the land of Uncle Sam, it foretold the end of the world domination of the US economy. Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Design/methodology/approach This paper is a case study. Findings Despite a considerable number of skeptics at the time, Lenovo was clearly up to the task. Such was the success of the acquisition that by 2015, Lenovo could claim to have grown into the world’s number 1 PC maker, number 3 smartphone manufacturer and number 3 in the production of tablet computers. Indeed, by 2014, the firm had enough confidence to add the IBM server business to its portfolio. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Venture Funders — Are They the Solution?

1998 ◽  
Vol 12 (2) ◽  
pp. 77-83
Author(s):  
Paul M. Kelley
Keyword(s):  
Small Business ◽  
Birth Rate ◽  
Fast Track ◽  
Government Support ◽  
High Tech ◽  
Investment Company ◽  
Business Investment ◽  
The Us ◽  
Us Government ◽  
Financial Climate

The author briefly describes what venture funders do and how they do it to illuminate the process of high-tech business formation and development. By way of illumination, he gives two short histories of successful university spin-outs that his company, Zero Stage Capital, has helped launch. He then examines how this firm's knowledge and experience may apply in the context of the Scottish university and financial climate, and bearing in mind the goals of Scotland's Technology Ventures strategy. Finally, he discusses the US government support initiatives for small business, the Small Business Investment Company (SBIC) Program. He suggests an approach for its application in increasing the birth-rate of fast-track technology-based ventures in Scotland or in other countries that have the infrastructure to support and enhance the process.

scholarly journals Untapped export opportunities of Serbian economy after a decade of investment and export based growth model

2021 ◽  
Vol 69 (3-4) ◽  
pp. 273-288
Author(s):  
Jasna Atanasijević ◽  
Duško Vasiljević ◽  
Zoran Nikolić ◽  
Olivera Pavlović
Keyword(s):  
Manufacturing Industry ◽  
Production Capacity ◽  
Electrical Equipment ◽  
Low Complexity ◽  
High Tech ◽  
Embedded Devices ◽  
Financial Reports ◽  
Economic Complexity ◽  
Transfer Of Technology ◽  
Limited Scale

Relying on the economic complexity and product space approach developed by Hidalgo and Haussmann [21], and using trade data, exporters' financial reports and available macroeconomic statistics, we try to assess the degree of transformation of structure and production potential of the Serbian economy over the last decade. We argue that although the overall economic complexity, as a decent predictor of higher economic growth, did slightly improve over the observed period, there is still large untapped potential in local knowledge and know-how. FDI inflow into manufacturing industry, as the most important factor of the transformation of the production structure and size of the economy, has contributed to growth in employment and export, improving the macro stability. On the other side, its contribution to the higher growth outlook by improving the production capacity was limited as FDI inflow has been directed mostly into low and medium-low technology industries with low complexity products. Moreover, it seems that the vertical spillover through linkages with local suppliers and transfer of technology, knowledge and practices could also be larger. In the same period, some positive developments of limited scale yet are reflected in emergence of a certain number of high-tech industries' products with high complexity, most likely produced by SMEs, such as electrical equipment, lighting, various software embedded devices, etc.

Directions of improving industrial policy in Russia

2021 ◽  
pp. 82-88
Author(s):  
Keyword(s):  
Industrial Policy ◽  
Global Economy ◽  
Manufacturing Industry ◽  
Development Program ◽  
Domestic Market ◽  
Government Support ◽  
High Tech ◽  
Production Structure ◽  
Production Chain ◽  
Intersectoral Cooperation

The correspondence of the current concept of industrial policy of Russia and the tools for its implementation to the solution of the strategic task — the full provision of the needs of the state and the population with industrial goods in the context of the recession of the world economy is considered. It is shown, that government support for the manufacturing industry is not aimed at creating conditions for the accelerated development of the high-tech sector, and the inconsistency of its production structure with the structure of the domestic market for industrial goods in Russia limits the economic effectiveness of domestic production. Prospective directions of government support for the development of the manufacturing industry are substantiated. Keywords: global economy, production chain, management company, government support, intersectoral cooperation, domestic market, manufactured goods, development program, tools, high-tech segment. [email protected]

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