High-tech Companies In China Research Articles

Effect of Transparency of Algorithmic Performance Management on Proactive Work Behavior

Algorithm transparency, as an important factor in explaining the algorithm black box, is attracting increasing attention from scholars on the impact of algorithm system transparency on employee behavior. This study aims to investigate the effect of algorithmic performance management transparency on employees' proactive work behavior and constructs a moderated mediation model. The model was tested with a sample of 321 employees from five high-tech companies in China. The results suggest that transparency of algorithmic performance management promotes employee proactive work behavior via employees' motivation to improve performance, while the interaction between transparency of algorithmic performance management and psychological ownership weakens this influence mechanism. Therefore, this study reveals the positive effects of transparency in algorithmic performance management as well as its boundary conditions, providing theoretical and practical insights into the application of algorithms in organizations.

Big data analytics capability and social innovation: the mediating role of knowledge exploration and exploitation

While many organizations have successfully leveraged big data analytics capabilities to improve their performance, our understanding is limited on whether and how big data analytics capabilities affect social innovation in organizations. Based on the organizational information processing theory and the organizational learning theory, this study aims to investigate how big data analytics capabilities support social innovation, and how knowledge ambidexterity mediates this relationship. A total of 354 high-tech companies in China, this study shows that big data analytics management, big data analytics technology, and big data analytics personnel capabilities all have positive effects on social innovation. In addition, both knowledge exploration and knowledge exploitation play a mediating role in this process. Furthermore, a polynomial regression and response surface analysis shows that social innovation increases when knowledge exploration and knowledge exploitation are highly consistent but declines when knowledge exploration and knowledge exploitation are inconsistent. This study not only provides new perspectives for understanding how big data analytics capabilities contribute to social innovation, complementing the existing literature on big data analytics capabilities and social innovation, but also provides important practical guidance on how organizations can develop big data analytics capabilities to improve social innovation and solve social problems in the digital age.

Exploring the Impact of Leader Bottom-Line Mentality on Subordinate Learning from Work Failures: A Social Information Processing Perspective.

Learning from work failures is not only beneficial for individual development but also crucial for improving organizational performance and achieving sustainable development. We hypothesize that leader bottom-line mentality, which is commonly used by leaders to prevent profit and performance losses, may reduce subordinates learning from work failures. Drawing on social information processing theory, this paper examines how and when leader bottom-line mentality negatively affects subordinates learning from work failures. We tested our hypotheses through a three-wave survey of 245 employees from several high-tech companies in China. For data analysis, we used SPSS 26.0 and Mplus 8.0 to test the theoretical model and research hypotheses. The results indicated that leader bottom-line mentality has a negative indirect effect on subordinates learning from work failures through the mediating role of subordinates' psychological availability. In addition, subordinate self-compassion can mitigate this negative mediating mechanism. The present study has several theoretical and practical implications for the current literature.

Market orientation, technological opportunity, and new product innovation performance

This study analyzes the effects of innovation-driven (ID) on a company’s new product innovation performance using knowledge-based theory. Furthermore, it explores absorptive capacity’s (ACAP) intermediary effect on ID and new product innovation performance (NPIP). Hierarchical multiple regression was used for hypothesis verification using data from 350 Chinese high-tech companies. The findings reveal that innovation affects NPIP, and the relationships are intermediated by ACAP. However, market volatility (MV) negatively moderates the relationship between ID and ACAP. According to these results, it can be concluded that the market and technology information acquired by a company must be digested, absorbed, and converted into useful knowledge to achieve organizational goals. This study offers implications for the development of high-tech companies in China and worldwide in the area of new product innovation.

Development strategies of high-tech companies in China: Huawei and Tencent

Currently, China is the second largest economy in the world and a rapidly developing innovative country. The improving position of China is evident not only from the rankings of the largest innovative companies but also from the reaction of major Western nations (once technological leaders) to China’s achievements in high-tech industries. Their biggest concerns refer to increased control over foreign direct investment from China, the cancellation of major investment deals, the refusal of the services of Chinese companies due to a threat to national security, the trade war between the United States and China, etc. This article aims at identifying and analyzing the development strategies of high-tech companies in China as exemplified by its largest national companies: Huawei and Tencent. The authors used such methods as document analysis, analysis of quantitative data, comparative analysis, and synthesis. While studying the development strategies of the most prominent high-tech companies in China, Huawei and Tencent, the authors confirmed the general trends of their innovative development, including active investment in new technologies (artificial intelligence, cloud services, blockchain, big data, Internet of things, digital platforms), expanding the network of users and deepening connections between them, as well as personalizing services.

중국기업의 M&A 정보우위와 투자 성과

This study examined how the M&A of high-tech companies in China and the return on investors before M&A public announcement, effectiveness. Abnormal return before M&A Announcement showed stable positive (+) characteristics for -20 days of Announcement. On the other hand, the Abnormal return before the effectiveness of the M&A continued to decline as the execution date approached. Regarding the volume turnover, the volume turnover on the -20th day of the announcement was the highest, and it showed a characteristic that it decreased over time and then increased again on the announcement date. Regarding the Industry similarity between the acquiring company and the acquired company, in relation to the abnormal return before M&A disclosure, M&A between different types was higher than M&A between the same type. From the -20th to the -17th before the announcement date, the transaction volume of M&A between similar companies was rather high. but the difference in transaction volume decreased significantly as the disclosure date approached. The Abnormal return on Industry similarity prior to the effectiveness of M&A was higher than that of different type M&As from -20 days to -15 days.

Relative exploration and IPO performance: the moderating effects of triple helix interactions

ABSTRACT This article empirically examines how relative exploration affects high-tech companies’ initial public offering (IPO) performance. Analysis of data from 225 high-tech companies listed in the SSE Sci-Tech innovation board (SSE STAR) market shows that high-tech companies with high exploratory innovation tend to generate inferior IPO performance compared to those with high exploitative innovation. Further, we explore the moderating effects of political ties and university cooperation from the triple helix perspective. Results suggest that political ties and university cooperation can alleviate the negative relationship between relative exploration and IPO performance. These findings contribute to the literature on how exploration-exploitation affects external financing by integrating exploration-exploitation and triple helix interactions research. These offer important practical implications for high-tech companies in China.

Threshold effects, technology purchasing, and firm outcomes: An absorptive capacity perspective

External technology purchasing is frequently adopted as a strategy to facilitate technology innovation and to enhance firm performance. However, research shows that there is considerable heterogeneity across firms with respect to innovation output and firm performance after technology purchasing. This study uses an absorptive capacity perspective in proposing the existence of an R&D employees threshold and a technology purchasing scale threshold. Using a sample of 1460 high-tech companies in China, we find support for both thresholds. We also find that the two variables are complementary with each other, jointly promoting innovation when both thresholds are crossed.

Can TMT vertical pay disparity promote firm innovation performance? The moderating role of CEO power and board characteristics

PurposeBased on the tournament theory and the principal agent theory, this study aims to empirically investigate how top management team (TMT) vertical pay disparity (the pay disparity between the CEO and non-CEO executives) influences firm innovation performance.Design/methodology/approachThis study empirically tested the hypotheses based on a sample of listed high-tech companies in China during the period between 2007 and 2018.FindingsTMT vertical pay disparity promotes innovation performance; CEO power undermines the positive effect of TMT vertical pay disparity on innovation performance; the negative moderating effect of CEO power is mitigated by board age and gender and educational levels, whereas the proportion of female directors has no such effect at any significant level.Originality/valueThis study uniquely contributes to the theoretical and empirical development of tournament theory and the principal agent theory.

Innovation performance evaluation for high-tech companies using a dynamic network data envelopment analysis approach

This study examines innovation performance of high-tech companies in China, using a dynamic network data envelopment analysis (DEA) approach. The innovation process is decomposed into a research and development (R&D) stage and a commercialization stage. In addition, innovation is conceptualized as a consecutive event that goes through multiple time intervals, requiring a dynamic structure of the methodological framework. Using a newly developed dynamic network DEA, the current study calculates a R&D performance index and a commercialization index for the R&D stage and commercialization stage, respectively. The multi-process innovation system is integrated with dynamic carryover items. This results in a highly non-linear dynamic network DEA model. Second order cone programming and nested partitions strategies are employed to solve the nonlinear dynamic network DEA model. Our empirical study indicates disparities in innovation performance among different Chinese high-tech companies. The innovation heterogeneity and inefficient performance sources are also investigated.

Cloud Model-Based Comprehensive Evaluation Method for Entrepreneurs’ Uncertainty Tolerance

The evaluation of entrepreneurs’ uncertainty tolerance (UT) is more meaningful, e.g., predicting their behaviors, making psychological counseling strategies for them, etc. In fact, it is an uncertain problem that simultaneously contains randomness and fuzziness in evaluating entrepreneurs’ UT. Hence, it is difficult to solve it by traditional evaluation methods. This paper presents a cloud model-based comprehensive evaluation method for entrepreneurs’ UT which overcomes the inability of other methods to take into account randomness and fuzziness simultaneously. First, five UT levels are divided. Then, an evaluation index system which contains 14 secondary level indexes and four primary level indexes is constructed, and an analytic hierarchy process (AHP) method is used to obtain the weights for the secondary level indexes. Subsequently, the backward cloud generator (BCG) and virtual cloud model (CM) are used to obtain the CM of evaluation indexes, and cloud chart of evaluation results are generated by forward cloud generator (FCG). Finally, five core start-up founders of a high-tech company in China are chosen for a case study to illustrate our method. Compared with other traditional evaluation methods, our method has been verified to be a more competitive method. Its results are more visualized and low information lost.

Applying Organizational Ambidexterity in strategic management under a “VUCA” environment: Evidence from high tech companies in China

High tech organizations confront dual demands of exploration and exploitation, particularly in today’ s competitive environment marked by a trend of volatility, uncertainty, complexity, and ambiguity. Although there is general consensus about the relationship between ambidexterity and firm performance, few studies have probed into the mechanism of how it is applied in the strategic management process. Considering the premise of environmental change, this research considers a multilevel perspective on the nature of organizational ambidexterity and its functioning in the whole strategic management process. Through a comparative case study of the two most famous high tech companies in China, a model is provided to reflect the functioning of organizational ambidexterity where a cognitive pattern of top management teamsplays a critical role in the ability that the organizations demonstrate. This research also contributes to the literature of entrepreneurship by extending innovation from a demand-side perspective, where the core of product/market exploration/exploitation activities could be expanded into customer value creation. Undertaking a careful analysis of the mechanism of organizational ambidexterity, this research sheds new light on the literature of strategic management that operates in a more turbulent environment.

Knowledge absorptive capacity and innovation performance in high-tech companies: A multi-mediating analysis

Building upon the knowledge-based view (KBV) and using data from 379 high-tech companies in China, we examine the underlying, mediating mechanisms in the relationship between knowledge absorptive capacity and firms' innovation performance. We find that there are positive relationships between four dimensions of knowledge absorptive capacity (i.e., knowledge acquisition, knowledge assimilation, knowledge transformation, and knowledge exploitation) and firms' innovation performance. Additionally, we discover that both firms' knowledge transformation capacity and knowledge exploitation capacity mediate the relationship between knowledge acquisition and firms' innovation performance, as well as between knowledge assimilation and firms' innovation performance. Our results shed light on knowledge absorptive capacity research and knowledge management theory by theoretically and empirically demonstrating how knowledge absorptive capacity affects firms' innovation outputs from a multi-mediating perspective.

Volume Shocks around Announcements in the Chinese Stock Market: An Ex-Post Earnings-Information-Based Study of Speculative Behavior

The Second Board Market is typical stock market for high tech companies in China. This paper discusses the relationship between trading volume and price changes in the case of high-tech listed companies in the Chinese Second-Board Stock Market. By using the basic concepts proposed by Kim and Verrecchia, and Kandel and Pearson, and contrasting them with ex-post information from earnings releases, the paper provides findings on the speculative behavior of informed traders with a volume shock premium. The paper suggests that these methods may be further applied to investigating investors’ behavior in speculation, especially for the high-tech-company-based Second-Board Stock Market during announcement periods.

Transformative HR practices and employee task performance in high-tech firms

PurposeThe purpose of this paper is to examine the relationship of perceived transformative human resource (HR) practices and employee task performance. Drawing on evidence-based approach, the transformative HR practices intend to transform employees’ behavior to cope with organizational change. This study intends to answer how does the perceived transformative HR practices influence employees’ behavioral capability to enhance their task performance. This investigation proposes that the perceived transformative HR practices positively affect employees task performance, however, employee adaptivity mediates the relationship between them.Design/methodology/approachThe authors used a random sample of 224 employees, from a large high-tech company in China, to test the hypotheses. Exploratory and confirmatory factor analyses were conducted to determine the perceived transformative HR practices in the context of a high-tech firm. The authors performed multiple linear regression analysis to examine the proposed model.FindingsThe results of this study indicate that the perceived transformative HR practices positively influence employee adaptivity and task performance. Furthermore, employee adaptivity mediates the relationship between the perceived transformative HR practices and employee task performance. Therefore, employee adaptivity illuminates and explains the underlying mechanism of how the perceived transformative HR practices lead to employee task performance.Research limitations/implicationsData collected from single firm may limit the generalizability of the findings and cross-sectional research design may raise the concern of common method bias. Future studies should test and validate the operationalization of the perceived transformative HR practices in different research contexts and with larger sample size. Organizations should design and implement transformative HR practices to cope with change. Furthermore, organizational managers should encourage and facilitate employee adaptivity to achieve better performance.Originality/valueThis study contributes to change management and the HR literature by identifying and operationalizing the perceived transformative HR practices as a predictor of employee adaptivity and task performance. Through the underlying mechanism of employee adaptivity between the perceived transformative HR practices and employee task performance, this study provides a new perspective to look at the HR-performance relationship in the change process.

From “transplant with the soil” toward the establishment of the innovation ecosystem: A case study of a leading high-tech company in China

Restricted by several institutional and structural constraints, the commercialization of university-based technology is inefficient in China. The present exploratory case study focused on Nuctech, a university spin-off high-tech company.The researchers observed, studied and analyzed the processes of the Nuctech's business development of the company, the process of the university-based technology transfer, and the establishment of Nuctech's innovation ecosystem. Our study fills in current research gaps by analyzing the “transplant with the soil”(TPS) mechanism in a systematical approach. We summarized the key features, the antecedents, and consequences of TPS mechanism, as well as its roles in transferring university-based technology and establishing a company's innovation ecosystem.By studying the case in the China context, the present research suggests that TPS mechanism may be particularly relevant and necessary when advanced cross- disciplinary complex technology need to be transferred, when the industry have only limited resources and poor absorptive capacities, when institutional and structural hindrances exist, and when university-industry relationship needs to be facilitated and strengthened toward the establishment of an innovation ecosystem.

Provider and relational determinants of customer solution performance

Given the increased use of business-to-business customer solutions, it is important to understand what factors may influence solution performance. Although the literature has addressed a wide number of areas related to customer solutions, there is limited knowledge on the specific issue of customer solution performance. This study contributes to the emerging value co-creation literature by investigating the influence of solution provider determinants and relational interactions between the provider and client on customer solution performance. The findings from an empirical study of a sample of high-tech companies in China reveal that the provider's adaptiveness, customer emphasis, and cross-functional coordination are positively related to customer solution performance. In addition, relational interactions of joint problem solving and conflict management play a positive role in enhancing solution performance. These findings offer important theoretical and managerial implications for the management of customer solutions.

NPD speed vs. innovativeness: The contingent impact of institutional and market environments

Whereas new product development (NPD) speed and product innovativeness are two critical strategic determinants of firm performance, previous studies show inconclusive findings about their effects. Drawing on institutional and contingency perspectives, this study elucidates value appropriation issues in NPD and examines how the effects of NPD speed and technological radicalness are contingent on institutional frameworks and market conditions. Results from 244 high-tech companies in China show that dysfunctional competition enhances the effect of NPD speed, but legal inadequacy hinders the impact of technological radicalness on firm performance. Market growth strengthens the performance effect of NPD speed but restrains the effect of technological radicalness. In addition, technological radicalness demonstrates stronger effects on firm performance when demand uncertainty is high.

Climate for Innovation, Creative Efficacy and Team Innovation: The Moderating Role of Team Leadership

Organizational climates are defined as a set of shared perceptions regarding the policies, practices, and procedures that an organization rewards, supports, and expects. Organizational climates exert an important influence on organizations and employees who work in them. In recent years, climate researchers have switched their focus from global to facet-specific climates. This study defines climate for innovation (or support for innovation) as the innovation aspect of the work group climate, which reflects shared perceptions among group members regarding their work environment that is creativity-/ innovation-relevant. Previous studies have found that climate for innovation is significantly related to team innovation. However, the research on the relationship between climate and innovation at the team level is still lacking, especially in the Chinese context. Moreover, previous research has not answered the following questions: what is the psychological mechanism that channels the impact of climate for innovation on team innovation? What is the role of team leader in this relationship? This study aims to address the two questions by examining the mediating effect of team creative efficacy and the moderating role of team leader's behaviors of leading innovation. Data were collected from a high-tech company in China. Teamwork is popular in this company. A team leader is assigned to each team and this leader acts not only as the job coordinator but also as a coworker of team members. We randomly selected 90 RD teams from a list of 380 teams provided by the HR department, and finally got a sample of 51 teams with average team size of 3.6. We used hierarchical regression and bootstrap method with the aid of SPSS macro developed by Preacher and Hayes (2008) to test our hypotheses. With team innovation as the dependent variable, the results showed that the regression coefficients of climate for innovation on both team creative efficacy and team innovation were significantly positive. After adding leader's leading innovation behavior and its interaction term with team creative efficacy, the regression coefficient on team innovation of the interaction term was significant. The moderating pattern showed that the relationship between team creative efficacy and team innovation becomes stronger as leaders' leading innovation behavior growing from low to high. In addition, the mediating test with bootstrap method displayed that team creative efficacy acts as the mediator between climate for innovation and team innovation. Furthermore, conditional indirect effect test also showed that the mediating effect of team creative efficacy on the climate for innovation-team innovation linkage is significant only when the level of leader's leading innovation behavior is high. All hypotheses were supported. Findings of this study shed light on the innovation process at the team level. First, this research extends social cognitive theory to the work group level by revealing the mediating effect of team creative efficacy on the climate for innovation-team innovation relationship. This result adds to our understanding of the mechanisms through which climate for innovation influences team innovation. Future research should investigate additional mediators, such as team members' external social networks. Second, the result of the positive relationship between climate for innovation and team innovation in the Chinese sample confirms the findings obtained from Western world and enriches the climate and innovation literature. Finally, the catalyst role of team leadership implies that innovation-supportive leadership can strengthen the effect of team creative efficacy on team innovation and the indirect effect of climate for innovation on team innovation.

Synchronizing Export Orientation with Import Substitution: Creating Competitive Indigenous High-Tech Companies in China

This paper examines how the synergy between China’s domestic and the international market has affected its most competitive indigenous companies. Through case study in China’s ICT sectors in the 1990s, the paper shows that when export upgrades and domestic market growth intersect in timing and sectors, that is, when they synchronize, Chinese companies found conditions most favorable to compete with foreign companies within the domestic market. The synchronization has significant impact on sectors for both mature products and technologically advanced products. It is thus necessary to reexamine the role of import-substitution practices under the new context of globalization and in conjunction with exports.