Chinese OEM Manufacturing Roadmap

This study seeks to explore the strategic alternatives for the many small and medium-sized manufacturing firms in China that play an OEM role in the global value chain. Declining margins due to rising production costs and intense competition from emerging manufacturing industries in Southeast Asia necessitates the transformation of China's traditional manufacturing industry. The result is opportunities for the creation and manufacturing of domestic brands. A multiple-case study methodology is used with primary data collection through in-depth interviews, supported by secondary data on the subject firms. The findings reveal an awareness of the opportunities afforded by the trend towards the development of domestic brands as well as the vision, strategy, tactics, and forecasting related to a transition to brand creation. This chapter could be of interest to those with an interest in manufacturing transition, brand development, and providing direction to OEM SMEs in China that seek to develop a strategic roadmap during the imminent industrial evolution and transformation.

Exploring the Awareness and Perception on Public Relations Practice in Vietnamese Small and Medium-Sized Enterprises by Triangluated Analysis

As one of the emerging economies, Vietnam rapidly adapts to the digital transformation trend in the era of 4.0 Industrial Evolution and Public Relations (abbreviated as PR) practice is acknowledged to contribute greatly to the businesses’ performance and development. This study is to explore the awareness and perception of PR and its practice in Vietnamese Small and Medium-Sized Enterprises (abbreviated as SMEs) in Ho Chi Minh City, Vietnam. Authors employ both quantitative and qualitative approaches with secondary and primary data to explore subjects and gain insightful information. The secondary data is collected from various sources of references relating to PR theory, PR practices, governmental reports, etc. via tools of document reviews and analysis, interviews, expert consultations, direct observation, and the primary data is from the survey with business owners, managers, and officers in 385 SMEs. The results indicate the PR outlook in the Ho Chi Minh city context and contribute to the existing literature to both theoretical and managerial approaches for better awareness of PR practice in the research industry setting. More that, the study is used as an example of a pedagogical issue.

Spatiotemporal Evolution Patterns and Driving Factors of Synergistic Development of Culture, Sports, and Tourism Industries: The Case Study of China

Synergistic development of the culture, sports, and tourism industries is an emerging trend in China, providing new formats for industrial evolution and fresh momentum for industrial upgrading. Therefore, building a robust framework to evaluate the synergistic development is relevant to China’s economic and social development. This study used a coupling coordination model to calculate the coupling coordination degree of the three industries, for 31 provinces in China from 2013 to 2017. Subsequently, it employed spatial autocorrelation techniques and GeoDetector to identify factors affecting the synergistic development from global and local perspectives before discussing the driving mechanisms. The results showed that (1) the synergistic development of the three industries was generally stable with a slight imbalance. (2) The development level varied across regions. The general spatial pattern was low in northeastern and western China, stable and average in the central region, and high in the eastern region. (3) The synergistic development has a prominent “proximity dependence” effect reflected by a notable spatial agglomeration feature and positive spatial autocorrelation trend and (4) twenty-one indicators of six driving factors (industrial pulling force, population supporting force, consumer purchasing power, transportation pushing force, resource attraction force, and economic driving force) affected the synergistic development.

Essays on the economics of regional economic growth and perspectives of industrial evolution

Η επίδραση των διαρθρωτικών ταμείων της Ευρωπαϊκής Ένωσης (Ε.Ε.) στην περιφερειακή ανάπτυξη αποτελεί θέμα πολιτικής και οικονομικής σημασίας. Οι μεγάλες και τακτικές πληρωμές που πραγματοποιήθηκαν στις Ευρωπαϊκές χώρες και περιφέρειες είχαν και έχουν σκοπό την ανάπτυξη και την προώθηση δομικών αλλαγών με σκοπό την υλοποίηση επενδύσεων και οικονομικών μεταρρυθμίσεων. Αλλά πόσοι από αυτούς τους στόχους έχουν επιτευχθεί; Σε αυτή την διατριβή παρέχουμε σημαντική εμπειρική απόδειξη ότι οι περιφέρειες έχουν, κατά πλειοψηφία, επωφεληθεί από τις διάφορες πληρωμές των Ευρωπαϊκών διαρθρωτικών ταμείων μελετώντας το παράδειγμα της Ελλάδας. Επικεντρώνοντας το ενδιαφέρον μας στον τρόπο απορρόφησης των πληρωμών αυτών και πως αυτές συνεισέφεραν στην Ελληνική ανάπτυξη. Επίσης, θέτουμε ερωτήματα σχετικά με την βιωσιμότητα και την παραγωγική δομή της Ελληνικής Οικονομίας και την υπερβολική εξάρτηση της από τον τουρισμό. Τα αποτελέσματα μας συγκλίνουν στη θετική επίδραση των πληρωμών θέτοντας προβληματισμούς για την ορθή κατανομή τους, την απορρόφηση τους και την τελική επίδραση τους στον οικονομικό κύκλο της χώρας.Το δεύτερο μέρος της διατριβής αποτελεί μια εισαγωγή στα ιστορικά γεγονότα που επηρέασαν την Αμερικανική οικονομία και τις μεγάλες αλλαγές που συντελέστηκαν στον χρόνο. Η βιβλιογραφική ανασκόπηση συνοδεύεται από μία σειρά από ελέγχους υποδείγματος διαφορών μεταξύ όλων των μεταβλητών της έρευνας. Τα αποτελέσματα της έρευνας μας, μας οδηγούν στο συμπέρασμα ότι οι αλλαγές που συντελέστηκαν στην Αμερικανική οικονομία και την βιομηχανία περιορίστηκαν στα έτη 1950-1980. Αυτή η περίοδος χαρακτηρίζεται μεταβατική για την Αμερική οικονομία και βιομηχανία καθώς η παραδοσιακή τεχνολογία αντικαταστάθηκε αργά από καινούριες μεθόδους παραγωγής, αυξήθηκε ο όγκος παραγωγής, ενισχύθηκε η ανταγωνιστικότητα και αντικαταστάθηκαν οι εισαγωγές της χώρας. Όλα αυτά τα γεγονότα είχαν σημαντική επίδραση στους μισθούς σε όλους τους οικονομικούς τομείς όπως φαίνεται και στα αποτελέσματα της έρευνας μας.

The edge is the context: transmigrative betweenness

Port cities are particularly important because they are affected by mutations and fluctuations of industrial evolution. These ports encounter other sequential and recreational functions that miss opportunities for identity and particular waterfront characteristics. A city’s waterfront could be envisioned as a thick line, an equipped and inhabitable limen, creating a sense of belonging that could lead to significant identity by corresponding to both internal qualities of a city and external regional influences. These marginal bands can reveal the dynamic in-between-ness of being in the middle. It is an appropriate time to assess redevelopment projects on waterfront sites and shorelines to evaluate ways to recreate the image of the city, appeal to an urban population and recapture economic investment. Waterfront projects embody potential that speaks to our future and our past. In fact, a waterfront is a hybrid-scape that deals with the gap between city and water to provide alternatives for future usage.

The edge is the context: transmigrative betweenness

Port cities are particularly important because they are affected by mutations and fluctuations of industrial evolution. These ports encounter other sequential and recreational functions that miss opportunities for identity and particular waterfront characteristics. A city’s waterfront could be envisioned as a thick line, an equipped and inhabitable limen, creating a sense of belonging that could lead to significant identity by corresponding to both internal qualities of a city and external regional influences. These marginal bands can reveal the dynamic in-between-ness of being in the middle. It is an appropriate time to assess redevelopment projects on waterfront sites and shorelines to evaluate ways to recreate the image of the city, appeal to an urban population and recapture economic investment. Waterfront projects embody potential that speaks to our future and our past. In fact, a waterfront is a hybrid-scape that deals with the gap between city and water to provide alternatives for future usage.

Catch-up and Convergence: Mechanism Design for Economic Development

A globalization process can be conceived as an evolving distributed algorithmic mechanism design (DAMD) that induces technology racing with natural catch-up processes of regional or country-wide competition. We describe the architecture of DAMD as the basis for development economics that lead to natural ongoing shifts in industrial performance and catch-up development. The link between implementation of DAMD and a dynamic system of country-wide industrial evolution is essential for understanding the diverse pattern of inter-country or inter-regional competition. By selectively reviewing a cross section of the catch-up literature on economic growth it is shown which essential elements of long-run sustainable growth dominate to achieve superior performance and why informationally efficient mechanism design of the Hayek-Hurwicz type is a superior vehicle for industry based economic growth in a globalized economy.

Intelligent cyber-social ecosystem of Industry 5.0: definition, essence, model

Ten years after the first introduction of Industry 4.0 at Hannover trade fair as a concept of German industry efficiency improvement, the European Commission announced a new industrial evolution – Industry 5.0 and revealed an updated representation of Industry 5.0 as a result of attaining of triad forming stability, human-centricity and industry viability. At the nexus of the fourth and fifth phases of industry evolutions, new objects arise – intelligent cyber-social ecosystems that use the strengths of cyber-physical ecosystems, changing under the influence of digital end-to-end technologies, combined with human and artificial intelligence. The purpose of this research is to present a conceptual model of an intelligent (“smart”) cyber-social ecosystem based on multimodal hyperspace within the conditions of Industry 5.0. The research methodology includes systems science, metasystemic, ecosystemic, value-based, cyber-socio-techno-cognitive approaches; concepts of platforms, creator economy, Open innovations 2.0 based on an innovative model of a quadruple helix. As a result of this research, the evolution of the establishment and development of an ecosystemic paradigm in economic science is shown. The study describes a cognitive transition from cyber-physical systems of Industry 4.0 to intelligent cyber-social ecosystems as objects of Industry 5.0. A conceptual model has been originated, in which a cyber-social ecosystem is introduced as an ecosystem of new metalevel (“metasystem”), evolving under the conditions of the transition from Industry 4.0 to Industry 5.0 based on cyber-social values of human-centricity, stability and viability. The model is notable for its high level of cybernetic hyperconvergence, socioecosystemic, technological and cognitive modality to achieve ethical social goals, sustainable welfare for all humanity and each individual person, taking into account the scope of planetary capacity.