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Full-Text Articles in Business

Thoughts On Fostering Industries Of The Future Based On Innovation Infrastructure Clusters, Qingli Huang, Ziwei Zhao, Can Wang, Weihua Wang Jul 2024

Thoughts On Fostering Industries Of The Future Based On Innovation Infrastructure Clusters, Qingli Huang, Ziwei Zhao, Can Wang, Weihua Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Industries of the future (IoTF) are characterized by a distinctive whole chain and high scientific and technological content, and as an important carrier to support the innovation activities of industries of the future, the construction and layout of innovation infrastructures, such as large scientific devices, major scientific and technological innovation platforms, pilot bases, etc., will inevitably develop towards whole chain clustering. This study tries to explain the basic concept of innovation infrastructure clusters for industries of the future, sort out the practices and results of fostering industries of the future based on innovation infrastructure clusters in some regions in China, …


Establish Policy Ecosystem That Supports Technological Innovation And Leads Construction Of Modern Industrial System, Cheng Zhou, Xiaoyi Peng, Wen Xie, Chidong Zhang, Yuhe Qiu, Fan Wu Jul 2024

Establish Policy Ecosystem That Supports Technological Innovation And Leads Construction Of Modern Industrial System, Cheng Zhou, Xiaoyi Peng, Wen Xie, Chidong Zhang, Yuhe Qiu, Fan Wu

Bulletin of Chinese Academy of Sciences (Chinese Version)

To harness the leading role of science and technology innovation and accelerate the construction of a modern industrial system, it is necessary to establish an innovation policy ecosystem that coordinates science and technology, education, economics, and social policies. Compared with this demand, China’s current science and technology innovation policy still needs to be further improved in terms of policy horizontal and vertical coordination, industrial technology research organization mechanism, innovative enterprise subjectivity, industry-university-research cooperation innovation incentives, and resource allocation marketability. In response to these issues, five suggestions are put forward, namely, (1) set up an innovation policy coordination and review agency …


Theories, Status Quo, And Suggestions On Scientific And Technological Innovation As Driver Of Developing Emerging Industries, Xiaoyan Zhang Jul 2024

Theories, Status Quo, And Suggestions On Scientific And Technological Innovation As Driver Of Developing Emerging Industries, Xiaoyan Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

The emerging industry is the key to fostering new growth drivers and developing new advantages. It is also an essential guarantee to reinforce the resilience and security of China’s industrial chain and supply chain, and seize the initiative of future development. This study, based on the theoretical foundation and practical needs of “scientific and technological innovation as the driver of developing emerging industries”, summarizes the typical practices of innovation and development of emerging industries in countries including the United States, Japan, and Singapore. In addition, the study identifies the difficulties faced by China in the developing emerging industries, and raises …


Empowering Traditional Industries With Digital Intelligence For Transformation And Upgrading, Jiyuan Zang, Huanyong Ji, Qingxue Huang Jul 2024

Empowering Traditional Industries With Digital Intelligence For Transformation And Upgrading, Jiyuan Zang, Huanyong Ji, Qingxue Huang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Traditional industries are the basic support and driving force for the high-quality development of the economy. Digital intelligence is an important lever for traditional industries to achieve the transformation of old and new kinetic energy and the leapfrogging of the global value chain. This study firstly deconstructs the rich connotations of digital intelligence from the perspectives of digitalization, networkization, and intelligentization. Secondly, it analyzes the transformation mechanism and various pathways through which digital intelligence impacts traditional industries. Thirdly, it analyzes the barriers faced by traditional industries in the process of adopting digital intelligence technologies. Finally, this study puts forward four …


Innovation And New Quality Productivity, Yongnian Zheng, Lanmeng Xu Jul 2024

Innovation And New Quality Productivity, Yongnian Zheng, Lanmeng Xu

Bulletin of Chinese Academy of Sciences (Chinese Version)

China is in a critical period of promoting high-quality development and advancing Chinese modernization. This paper attempts to clarify the relationship between innovation and new-quality productivity and provide a potential development direction for China to lead a modernized industrial system by developing new-quality productivity through innovation. The study proposes that the development of new quality productivity through innovation requires serious consideration from three dimensions. First, it is important to figure out where new technologies come from. Second, it is essential to investigate where new industries come from. Third, a feasible solution has to be formulated based on China’s reality. The …


Insights On Strategy And Approach For China To Construct A Modern Integrated Circuits Industrial System, Ximing Yin, Beibei Zhang, Tailun Chen, Jiang Yu, Jin Chen Jul 2024

Insights On Strategy And Approach For China To Construct A Modern Integrated Circuits Industrial System, Ximing Yin, Beibei Zhang, Tailun Chen, Jiang Yu, Jin Chen

Bulletin of Chinese Academy of Sciences (Chinese Version)

The integrated circuit (IC) industry is highly complex and systematic, and its key core technology breakthroughs are highly dependent on the support of systematic capabilities. The West especially the United States has accelerated the promotion of the “small-yard, high-fence” strategy, the “New Washington Consensus”, the “de-risking”, and other systematic policies to curb China’s rise. China’s IC industry chain is facing extreme risks such as rupture or blockage. Meanwhile, facing the new mission and requirements of Chinese modernization and new-quality productivity, China needs to accelerate the modernization of the IC industry with new development paradigms, new strategies, and new approaches. Based …


Deep Integration Of Technological Innovation And Industrial Innovation In Modern Industrial System: Inspiration From Global New Generation Lithography Systems, Jiang Yu, Feng Chen, Yue Guo Jul 2024

Deep Integration Of Technological Innovation And Industrial Innovation In Modern Industrial System: Inspiration From Global New Generation Lithography Systems, Jiang Yu, Feng Chen, Yue Guo

Bulletin of Chinese Academy of Sciences (Chinese Version)

Utilizing technological innovation to lead the construction of a modern industrial system is a strategic choice for seizing the opportunities of the new round of technological revolution and industrial transformation. It is also a necessary step for winning the strategic initiative towards high-level self-reliance and self-improvement. Technological innovation is the intrinsic driving force behind industrial innovation, and industrial innovation is the value embodiment of technological innovation. The deep integration of technological innovation and industrial innovation is the key to constructing and improving a modern industrial system. Taking the global extreme ultra-violet (EUV) lithography system as an example, based on the …


Strategic Study On Leading Construction Of Modern Agricultural System By Technology Innovation, Yan Yan, Xurong Mei, Xiudong Wang Jul 2024

Strategic Study On Leading Construction Of Modern Agricultural System By Technology Innovation, Yan Yan, Xurong Mei, Xiudong Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Technology innovation is the fundamental solution to build a modern agricultural system, and it is also an important support for building the large base, large enterprise, and large industry of modern agriculture and achieving the modernization of material equipment, technology, management, agricultural informatization, and sustainable resource utilization of agriculture. This paper explains the scientific concepts and logical relationships of the agricultural production system, industrial system and management system, which are the main components of a modern agricultural system. It emphasizes that ensuring food security, promoting industrial integration and upgrading, and cultivating leading enterprises are current key tasks. Nevertheless, from the …


Comparative Study Of Halal Certification Mechanism: Indonesia, Malaysia And Mexico, Faiz Nur Faiqoh, Nur Fatwa Jun 2024

Comparative Study Of Halal Certification Mechanism: Indonesia, Malaysia And Mexico, Faiz Nur Faiqoh, Nur Fatwa

Journal Of Middle East and Islamic Studies

This research was conducted to examine the handling and procedures for halal certification at halal certification institution in Indonesia, Malaysia as a Muslim-majority country and Mexico as a Muslim-minority country, and to analyze using the SWOT approach. Halal product certification in Indonesia is carried out by the Halal Product Guarantee Agency (BPJPH) under the auspices of the government (Ministry of Religion). The aim is to provide guarantees to the community, especially Muslims from the products consumed. And in Malaysia it is carried out by JAKIM (Department of Islamic Development Malaysia) under the post of prime minister of Malaysia. While in …


Strategic Priorities Of China's Urbanized Areas During 15th Five-Year Plan Period, Wei Qi, Jie Fan, Jiaming Li, Yu Li Apr 2024

Strategic Priorities Of China's Urbanized Areas During 15th Five-Year Plan Period, Wei Qi, Jie Fan, Jiaming Li, Yu Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

Urbanized areas are areas whose main function is to provide industrial and service products. During the 15th Five-Year Plan period, the urbanization rate of China’s population will exceed 70 percent, thus entering a long-time stage of high urbanization levels. The strategic positioning of urbanized areas will be defined as county-level administrative districts with a high concentration of scientific and technological innovation resources, new quality productivity, and new-type industrialization. In terms of strategic layout, the scope of urbanized areas will be optimized to promote the concentration of population and economy in urban agglomerations, metropolitan areas, and central cities, and to strengthen …


Layout Of Comprehensive Functional Regions And Recent Regional Guidelines In China, Fengjun Jin, Zhuo Chen, Jie Fan Apr 2024

Layout Of Comprehensive Functional Regions And Recent Regional Guidelines In China, Fengjun Jin, Zhuo Chen, Jie Fan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The overall strategy of the “four major sectors”, the regional major strategies and the major functional oriented zoning strategy have strongly supported the regional coordinated development in China. However, it also brings the risk of exacerbating the imbalance and incoordination of regional development due to strategic differences and segmentation. Based on an analysis of the trends in regional coordinated development in China, this study puts forward the layout of China’s comprehensive function regions, which divides the mainland of China into 10 regions: the Beijing-Tianjin-Hebei region, the Yangtze River Delta region, the middle reaches of Yangtze River basin, the upper reaches …


Research On Spatial Collaborative Allocation Of Innovation Chain And Industrial Chain And Regional Economic Layout In China, Jianhui Yu, Wenzhong Zhang, Jiaming Li Apr 2024

Research On Spatial Collaborative Allocation Of Innovation Chain And Industrial Chain And Regional Economic Layout In China, Jianhui Yu, Wenzhong Zhang, Jiaming Li

Bulletin of Chinese Academy of Sciences (Chinese Version)

The driving force of China’s economic development in the new era is gradually shifting from traditional production factor inputs and export-led growth to scientific and technological innovation-driven development, and technological innovation is increasingly becoming the main engine of China’s economic development. China needs to urgently address difficult issues such as the disconnect between science and technology and the economy, as well as prominent problems such as repeated resource allocation and scattered scientific research forces. Under the complex and volatile development environment, it is necessary to further optimize the spatial collaborative allocation of innovation chains and industrial chains and promote the …


Implementation Evaluation And Outlook Of Major Function Oriented Zone, Dong Chen, Baoyin Liu, Jie Fan, Daojing Zhou, Rui Guo, Zhao Wang, Jianxiong Wu Apr 2024

Implementation Evaluation And Outlook Of Major Function Oriented Zone, Dong Chen, Baoyin Liu, Jie Fan, Daojing Zhou, Rui Guo, Zhao Wang, Jianxiong Wu

Bulletin of Chinese Academy of Sciences (Chinese Version)

Major Function Oriented Zone (MFOZ), an attempt and exploration aimed at ecological civilization during China’s industrial civilization period which is divided into two stages, the stage of MFOZ planning and the stage of the national strategy and basic institution before and after the 18th Communist Party of China (CPC) National Congress, and the main characteristics of both stages are analyzed. Since the 18th CPC National Congress, the strategic thinking of the MFOZ has been deeply rooted in the hearts of the people, the strategic pattern of the MFOZ has been basically formed, the development of the categorized MFOZ has achieved …


Improve Policy System Of Main Functional Zones In National Spatial Planning, Fan Qi, Siqi Qiu, Chengshuangping Zhao, Jianglong Chen, Siyu Shao, Bangrui Liu Apr 2024

Improve Policy System Of Main Functional Zones In National Spatial Planning, Fan Qi, Siqi Qiu, Chengshuangping Zhao, Jianglong Chen, Siyu Shao, Bangrui Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

This study analyzes in detail the effectiveness and existing problems of the current policy implementation of the main functional zone in the “multi planning and integration” national land spatial planning system, and proposes an overall idea of systematizing, differentiating, coordinating, and incentivizing the policy system of the main functional zone in the new era of national land spatial governance. From the perspectives of strengthening the top-level design of policy systems, classifying and improving policy tools for the main functional zone, strengthening comprehensive policy coordination, and improving policy implementation evaluation mechanisms, the policy recommendations are proposed for improving and implementing the …


Strategic Pattern And Optimization Of China's Eco-Regions During Fifteenth Five-Year Plan Period, Kan Zhou, Jie Fan, Daojing Zhou, Zhedong Qian, Hu Yu, Hanchu Liu, Jian Zhang Apr 2024

Strategic Pattern And Optimization Of China's Eco-Regions During Fifteenth Five-Year Plan Period, Kan Zhou, Jie Fan, Daojing Zhou, Zhedong Qian, Hu Yu, Hanchu Liu, Jian Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Since the implementation of the major function oriented zoning, the ecological space of key ecological functional areas has continuously expanded, with a significant increase in vegetation coverage. Concurrently, there has been a dual change in population dynamics, characterized by a decrease in total population and an increase in the urban population. Furthermore, significant achievements have been made in economic and social development, and there has been a steady improvement in the functions of ecological security barriers, contributing to an alleviation of tension in human-environment relationships. During the 15th Five-Year Plan period, it is imperative to adhere to the functional orientation …


Research On Cohesion Strategy Of Land-Sea Functional Oriented Zoning Based On Perspective Of Land-Sea Coordination, Chengjin Wang, Zhaoyang He Apr 2024

Research On Cohesion Strategy Of Land-Sea Functional Oriented Zoning Based On Perspective Of Land-Sea Coordination, Chengjin Wang, Zhaoyang He

Bulletin of Chinese Academy of Sciences (Chinese Version)

The marine-terrestrial interlaced zone serves as a crucial spatial hub linking the functional zoning of both land and sea areas. Optimizing the ecological function, economic function, and national security function of the marine-terrestrial interlaced zone is of significant importance for promoting the coordination between land and sea functional oriented zoning and achieving their mutual beneficial interaction. It also contributes to enhancing the economic, social, and environmental benefits, effectively allocating resources, and advancing social sustainability. Building upon the clarification of the current development status and characteristics of China’s marine-terrestrial interlaced zone, the research systematically examines the key issues existing in the …


Suggestions For Layout Adjustment Of China's Agricultural Regions During Fifteenth Five-Year Plan Period, Yong Xu, Hua Yang, Jian Duan Apr 2024

Suggestions For Layout Adjustment Of China's Agricultural Regions During Fifteenth Five-Year Plan Period, Yong Xu, Hua Yang, Jian Duan

Bulletin of Chinese Academy of Sciences (Chinese Version)

Adjusting and optimizing the strategic paradigm of China’s agricultural regions in the new era is of great significance to the implementation of the “Greater Food” concept and the building of a strong agriculture. This study takes the layout adjustment of China’s agricultural regions during the Fifteenth Five-Year Plan period as its theme, and firstly summarizes the problems that exist in the main agricultural production regions and the layout changes in grain production bases. Then, in conjunction with the new requirements of the national strategies, the functional types of agricultural regions are refined, the different function positions are clarified, the adjusting …


Establishing Networked Territorial Spatial Pattern To Serve New Development Pattern, Jiaming Li, Jiaoe Wang Apr 2024

Establishing Networked Territorial Spatial Pattern To Serve New Development Pattern, Jiaming Li, Jiaoe Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

A networked territorial spatial pattern, centered around major strategic corridors, plays a crucial role in supporting the construction of the new dual-circulation development pattern. The “Two Horizontals and Three Verticals” major strategic corridors that have been formed can effectively promote the concentration of socio-economic factors in major urban agglomerations. However, there exists a mismatch between the north-south vertical strategic corridors and the east-west socio-economic linkages and transportation corridors. Besides, the existing strategic corridors lack sufficient horizontal support for the Beijing-Tianjin-Hebei urban agglomeration, and the land and sea corridors exhibit weak horizontal driving effect and insufficient connection with external corridors. “Three …


Build Regional Strategic Emerging Industry Selection System For Major Scientific And Technological Infrastructure: Structural Framework And Practical Consideration, Lingling Zhang, Congli Huang, Feite Zhou, Xiang Xu, Long Liu Mar 2024

Build Regional Strategic Emerging Industry Selection System For Major Scientific And Technological Infrastructure: Structural Framework And Practical Consideration, Lingling Zhang, Congli Huang, Feite Zhou, Xiang Xu, Long Liu

Bulletin of Chinese Academy of Sciences (Chinese Version)

Under the circumstances of a new wave of scientific and technological revolution and industrial transformation, it has become imperative for the government’s industrial planning to effectively integrate regional resources with scientific and technological innovation capabilities, identify suitable regional strategic emerging industries, and establish clear directions for industrial development. Drawing on various classical theories of industrial selection from the perspectives of industrial economics and management, this research comprehensively considers six dimensions: technical support capacity of facilities, potential for industrial upgrading, regional resource endowment, social demands, government, and opportunities. Based on the Porter Diamond Model, a robust system is developed to select …


Comparison Of Open Sharing Modes Of Foreign Large-Scale Scientific Facilities And Implications For China, Dacheng Song, Shuai Xiao, Tianming Li, Ke Wen, Dingyi You, Chen Zhang, Qiang Wei, Runtong Guo Mar 2024

Comparison Of Open Sharing Modes Of Foreign Large-Scale Scientific Facilities And Implications For China, Dacheng Song, Shuai Xiao, Tianming Li, Ke Wen, Dingyi You, Chen Zhang, Qiang Wei, Runtong Guo

Bulletin of Chinese Academy of Sciences (Chinese Version)

The open sharing of large-scale scientific facilities plays a pivotal role in the ecosystem of open science. This is of great significance for promoting the development of science and technology, enhancing innovation cooperation, and boosting the overall competitive strength of nations. Starting from two dimensions of resource scarcity and sustainability, this study systematically sorts out four open sharing modes of large-scale scientific facilities: the public and inclusive sharing mode, the market response sharing mode, the intensive guarantee sharing mode, and the Strategic Cooperation Sharing Mode. Through the comparison analysis of four foreign large-scale scientific facilities, the study further elaborates the …


Twenty Years Of The Application Of Rooney Rule And Diversity Practices In The Nfl Workplace, David M. Savino Mar 2024

Twenty Years Of The Application Of Rooney Rule And Diversity Practices In The Nfl Workplace, David M. Savino

Journal of the North American Management Society

While the inception of the Rooney Rule has been generally applauded in its intention, the results achieved have been less than noteworthy. In the 20 years since its inception and application in team searches for head coaches of the National Football League, the outcome may be a true sign of the difficulty associated with creating fair and equitable job opportunities in any workplace. Also, there has been a long-standing and deeply entrenched system that has been in place, especially in the sports world, to ensure little change in the overall system. This has not only been true for the sports …


Working Remotely And Corporate Culture Wars In The Post-Pandemic Era, David M. Savino, Danielle C. Foster Mar 2024

Working Remotely And Corporate Culture Wars In The Post-Pandemic Era, David M. Savino, Danielle C. Foster

Journal of the North American Management Society

Organizational culture is a sacred element of any organization. It is the lifeblood and the guiding force that makes each organization unique in its ability to navigate day-to-day and longer-term perspectives of corporate operations. Strong cultures help identify direction and philosophy and provide confidence in how to proceed to pursue innovative ideas and solve problems. Since 2020, the core value and the strength of many organizational cultures have been tested as a result of the increased reliance on working remotely and the adoption of a hybrid model of business operations not previously utilized to a great degree. While many survived …


Empowering Voices: Exploring The Career Trajectories Of Women Of Color Hr Professionals Amid Disruptive Change, Brandi R. Muñoz Mar 2024

Empowering Voices: Exploring The Career Trajectories Of Women Of Color Hr Professionals Amid Disruptive Change, Brandi R. Muñoz

Electronic Theses and Dissertations

This study investigated strategies to enhance diversity, equity, inclusion, and belonging initiatives in organizational leadership, focusing on supporting women of color in the workplace. The specific problem addressed was the underrepresentation and barriers faced by women of color in leadership positions despite their potential contributions to organizational success. The study employed a qualitative approach, combining qualitative interviews with socioeconomic data analysis. Data collection methods included semistructured interviews with women of color and a survey to gather demographic and employment information. The sample consisted of 16 women of color human resource professionals working in various industries and organizational settings across the …


Containerization Of Seafarers In The International Shipping Industry: Contemporary Seamanship, Maritime Social Infrastructures, And Mobility Politics Of Global Logistics, Liang Wu Feb 2024

Containerization Of Seafarers In The International Shipping Industry: Contemporary Seamanship, Maritime Social Infrastructures, And Mobility Politics Of Global Logistics, Liang Wu

Dissertations, Theses, and Capstone Projects

This dissertation discusses the mobility politics of container shipping and argues that technological development, political-economic order, and social infrastructure co-produce one another. Containerization, the use of standardized containers to carry cargo across modes of transportation that is said to have revolutionized and globalized international trade since the late 1950s, has served to expand and extend the power of international coalitions of states and corporations to control the movements of commodities (shipments) and labor (seafarers). The advent and development of containerization was driven by a sociotechnical imaginary and international social contract of seamless shipping and cargo flows. In practice, this liberal, …


Discourses That Undermine Union Movements: A Multimodal Analysis Of Union-Busting Videos, Theresa A. Catalano, Julia Schleck Jan 2024

Discourses That Undermine Union Movements: A Multimodal Analysis Of Union-Busting Videos, Theresa A. Catalano, Julia Schleck

Department of Teaching, Learning, and Teacher Education: Faculty Publications

Labor unions in the United States have experienced decades of decline, but recent years have seen a rebirth of union campaigns and successes. Because unions are once again becoming a threat to large companies, it is reasonable to assume that efforts to discourage organizing efforts will increase and become even more robust in the near future. Although traditionally, companies have worked to suspend union organizing through captive audience meetings in which unions were discussed via verbal or written modes, more recent means of reaching workers with anti-union messages incorporate a variety of communication strategies to get the message across. As …


Architects Of War: The Economic And Industrial Strategies Of The Third Reich And United States Under Albert Speer And William Knudsen, Spencer David Taylor Jan 2024

Architects Of War: The Economic And Industrial Strategies Of The Third Reich And United States Under Albert Speer And William Knudsen, Spencer David Taylor

CMC Senior Theses

This thesis presents a chronological narrative that delves into the economic and industrial underpinnings of the Second World War, focusing on the contrasting war machines of Germany and the United States. By examining the strategic decisions and outcomes shaped by two central figures, Albert Speer of Germany and William S. Knudsen of the United States, this study highlights how their approaches to war production profoundly influenced the overall trajectory and outcome of the war. Knudsen’s embodiment of the American industrial spirit and Speer’s manipulation of Germany's constrained resources illustrate the crucial roles that economic strategies played alongside military operations. The …


Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia Dec 2023

Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia

Journal of Nonprofit Innovation

Urban farming can enhance the lives of communities and help reduce food scarcity. This paper presents a conceptual prototype of an efficient urban farming community that can be scaled for a single apartment building or an entire community across all global geoeconomics regions, including densely populated cities and rural, developing towns and communities. When deployed in coordination with smart crop choices, local farm support, and efficient transportation then the result isn’t just sustainability, but also increasing fresh produce accessibility, optimizing nutritional value, eliminating the use of ‘forever chemicals’, reducing transportation costs, and fostering global environmental benefits.

Imagine Doris, who is …


Financial Crisis And Female Entrepreneurship: Evidence From South Korea, Jungho Lee, Sunha Myong Nov 2023

Financial Crisis And Female Entrepreneurship: Evidence From South Korea, Jungho Lee, Sunha Myong

Research Collection School Of Economics

We document a drastic increase in female-owned manufacturing firms in South Korea after the 1997 financial crisis. During the crisis, a major banking sector reform was conducted, and many underperforming bank branches were forced to close down. Using a geographical variation of bank branch closures during the reform, we show that the banking sector reform resulted in a rise in female entrepreneurship. We present evidence that male-owned firms were preferred by the closeddown bank branches, despite female-owned firms exhibiting lower risks and higher returns. The banking sector reform, although not explicitly aimed at addressing gender disparities, substantially benefited female entrepreneurs …


Virtual Currencies And Intrapreneurial Coordination, Martin Sibileau Aug 2023

Virtual Currencies And Intrapreneurial Coordination, Martin Sibileau

Journal of New Finance

Managers of conglomerates or companies with multiple business units are, like central planners in socialist countries, unable to perform economic calculation. These units exchange goods and services internally based on transfer prices, not market prices, and it is hard to ascertain the value contributed by management, which is often hired and rewarded based on political considerations. Innovation is also often unwelcome, as it may challenge privileges of executive management. Until 2016, conglomerates lacked the technology to benefit from economic calculation. In this paper, I propose that a blockchain platform supporting an internal virtual currency enables economic calculation inside conglomerates, unlocking …


On The State Of Academic Journals And The Value Of Jnams, Michael E. Dobbs Mar 2023

On The State Of Academic Journals And The Value Of Jnams, Michael E. Dobbs

Journal of the North American Management Society

No abstract provided.