High-tech Service Industries Research Articles

Service opening and wages of manufacturing firms: Evidence from China

Based on the ‘Catalogue for the Guidance of Foreign Investment’ and the input-output table issued by the National Bureau of Statistics, this paper constructs the service opening index from 1998 to 2013. With this indicator, we empirically study the impact of the service industry opening-up on firm wage. Our research yields a few findings. First, the service industry opening-up can significantly improve the level of firm wage. This result is still significantly valid after various robustness test and endogenous treatment. Moreover, after segmenting upstream service sources into details, the opening-up of the finance, telecommunication, and sales service sectors can promote the growth of firm wage. Second, the heterogeneity analysis shows that the service industry opening-up exerts a greater impact on firms' wage for firms in the central and western regions rather than eastern region, and for firms in the “post rich” regions rather than “pre-rich” regions, as well as firms in more severe market segmentation rather than regions with less market segmentation. Finally, according to the analysis of the impact mechanism, the opening-up of the service industry mainly promote firm wage through three channels: improving labor productivity, operating income, and human capital. Furthermore, the analysis of technical differences in service input displays that the service industry opening-up exerts a greater impact on firms' wage for firms in high-tech service industry. The analysis of labor income distribution shows that the opening-up of the service industry can also significantly increase the share of labor income of firm, especially in the opening-up of finance, telecommunication, and sales service industry.

Object-Oriented Technology Model of Regional Industrial Economic Innovation Project Management System.

Managers have a deeper understanding of computer technology, network technology, and communication technology, which is also a necessary condition for the implementation of project management information. It plays an important role in improving the performance of regional resource-based industry and high-tech service industry. By analyzing the current situation of the company's project management, the project management and management processes are standardized and the management of project quality, progress, contract, and cost through the design system is completed, so that the various resources of the project can be effectively and rationally allocated and utilized. Information communication inside and outside the project is more convenient, smooth, and fast, and more standardized operating procedures can be carried out. This paper also improves the level of local government governance, shapes the cultural connotation of innovation, openness, and cooperation, and strengthens the cultivation and flow of social elements. A series of policy suggestions are put forward in building the capacity system of both sides of industrial integration, thus greatly improving the overall project management level and the company's decision-making and analysis ability, so as to achieve fine and precise management objectives.

Innovative Strategies for Talent Cultivation in New Ventures Under Higher Education.

This study aims to help enterprises enhance their innovation capabilities in the environment of knowledge economy globalization and stand out in the fierce industry competition. Firstly, data on existing higher education theories and innovation theories are analyzed. Secondly, two companies in the sample data are selected for detailed analysis. Finally, research conclusion and corresponding talent management strategies are presented. The results show that the cumulative contribution value of employees is 87.496%. The cumulative contribution value of human capital is 70.322%. The contribution value of cumulative innovation performance is 61.658%. The cumulative contribution value of R&D investment is 45.306%. The coefficient for the overall sample size is 0.509. The employee quality coefficient is 0.452. The correlation coefficient for educational attainment is 0.598. The high-tech service industry has the highest correlation coefficient at 0.504. The auto industry has the highest coefficient at 0.669. The experimental research has drawn the following conclusion: (1) Talents positively affect enterprise innovation performance; (2) Research and Development (R&D) investment has a positive correlation with enterprise innovation performance; (3) R&D investment has a positive correlation with talents. Through experimental research, the education level of employees is measured by academic qualifications, but the essence of academic qualification measurement is the level of knowledge and skills that employees have. In summary, the study can extend the strategic analysis of the cultivation of innovative talents and play a valuable auxiliary role in cultivating innovative talents.

High-tech business in crisis conditions: development trends of large, medium and small enterprises

Leading world countries view innovative development and high-tech business as an opportunity to overcome economic stagnation and decline in economic growth. One of the modern trends in the analysis of high-tech development is the study of high-tech knowledge-intensive service industries and their development in times of crisis. The purpose of the paper is to identify patterns of development of large, medium and small enterprises in high-tech service industries in Russia during periods of crisis. Economic and economic-mathematical methods of analysis are applied to the formed samples of enterprises. The research period is 2013-2017. The financial indicators of enterprises were adjusted for the level of accumulated inflation in relation to 2013. According to results, large and medium-sized enterprises showed insignificant or weak significant positive dynamics of revenue during all years of the crisis period. The crisis period did not lead to a decrease in the revenue of these groups of enterprises. The acute phase of the crisis (2014-2015) had a pronounced negative impact on the group of small enterprises in all studied industries, but they successfully recovered in 2016-2017 and reached the pre-crisis level of revenue. The total revenue by industries and groups of enterprises in 2017 became higher than in 2013, and its growth rates were significant for many groups of enterprises, which indicates a successful overcoming of the crisis period and signs of growth in high-tech service industries. Our study shows the need for state support for small businesses in high-tech service industries in crisis conditions, and identifies the possibilities of adaptation of enterprises in these industries to an unfavorable external environment. Our results may be useful for the purposes of government stimulation of economic development in the current environment.

Research on the social responsibility of China’s inspection body and laboratory

As a modern high-tech service industry, inspection and testing is a necessary link to ensure the safe operation of industry and the promotion of product quality. It plays a technical support for continuously improving the quality and efficiency of economic development. At present, inspection and testing has become one of the most dynamic and emerging service, but in the process of rapid development, there are also some problems. Some inspection body and laboratory use their power to seek rent or put legal coat on illegal products, resulting in lack of justice, aggravating moral hazard, disrupting the fair order of the whole inspection and testing market, and harming consumers’ rights and interests, such as Sanlu group added melamine to milk power, Volkswagen played tricks on carbon dioxide emissions testing. This essay analyzes the problems existing in the social responsibility of China’s inspection body and laboratory at present, and puts forward some suggestions. On the basis of adopting the international social responsibility standard ISO 26000, the essay puts forward some suggestions on how the inspection body and laboratory fulfill the social responsibility on the responsibility management, pollution prevention, truth and accuracy of data, scientist’s social responsibility and so on.

Critical brand innovation factors (CBIF): Understanding innovation and market performance in the Chinese high-tech service industry

Brand innovation sweeps aside established practices and disrupts the status quo, resulting in the transformation of markets. The present study develops and tests a model of critical brand innovation factors (CBIF) by examining key factors influencing firm-level brands' innovation and increased market performance. Adapting both organizational elements and market response characteristics, the model integrates four key variables in China's industrial service markets: innovation, internationalization, market orientation, and organizational learning. Findings provide a foundation for understanding how firms improve their innovation and subsequent market performance in an emerging and dynamic market. The study demonstrates that when brands are more innovative, their performance increases: Brand innovation plays a fully mediating role on the effects of market orientation and organizational learning to market performance, but has no mediating effect on internationalization and market performance. A lack of innovation reduces market performance even when internationalization, market orientation, and organizational learning are present.

Optimization of Industrial Structures in Hubei Province: A High-Tech Service Industry View

Optimization of Industrial Structures in Hubei Province: A High-Tech Service Industry View

Present State and Trends of the Geoinformation Industry in China

The geoinformation industry is a high-tech service industry based on modern surveying and mapping technologies, remote sensing technologies and satellite navigation and positioning technologies. In China, the geoinformation industry is an emerging strategic industry that has rapidly developed; it has played an increasingly important role in the economy and society. This essay briefly introduces the present state of the international geoinformation industry. The state of the geoinformation industry enterprises in China from 2011 to 2013 is introduced. Although this industry has greatly progressed in China, problems and limitations still exist. The structure of the industry is not sustainable. The innovation capacity of Chinese enterprises is weak. Various market demands, increasing social investments, rapid progress in surveying, mapping and geoinformation technology and attention from the government are the main driving factors in this industry. Developing trends in the industry are proposed. Overall, the government will remain the main user of geoinformation applications, and enterprises will continue to merge and reorganize. Mobile geoinformation applications have broad prospects, and new business models will continue to emerge.

Family supportive culture, work-life segmentation and employee’s organizational attachment: The case of high-tech industry in Taiwan

This study examines the relationship among family supportive culture, organizational attachment, and work-life segmentation in high-tech service industry in Taiwan, China. Using survey data from 369 professionals, this study shows that family supportive culture has significant influence on organizational attachment, namely, affective commitment. Results indicate that individuals’ work-life segmentation has a significant negative effect on organizational attachment. Meanwhile, our results further apply employees’ segmentation between work and life as a moderator to investigating the impact of individual’s perceptions of family supportive culture and values on a sense of attachment toward organizations. The result illustrates that work-life segmentation does not moderate the relationship between supportive family culture and employees’ organizational attachment. Findings from this research provide insights into the influence of organizational family supportive culture and how it may further encourage employees’ organizational attachment in high-tech industry in Taiwan.