Suchergebnisse

Abstract
The brand 'Made in China' has long stood for low cost and good value. But recent revelations about the quality of some Chinese products exported overseas have begun to put this brand at risk. In the end, much of what constitutes this country brand depends on the strategies Chinese firms pursue, which in turn subject to the firm resources. Drawing from the resource‐base theory, this paper investigates the sources of the competitive advantage of the brand 'Made in China' and discusses the choices to be made by the Chinese firms and government in order to maintain a stable and better country brand.
Copyright © 2009 John Wiley & Sons, Ltd.

PurposeThis study investigates the economic outcomes of the strategic deviation (SD), the fundamental and crucial question in institutional theory and strategic management. Previous studies have yielded contradictory findings. This study reconciles conflicting results by distinguishing the effects of the SD on financial and market performance, examining the mechanism of financing constraints and the boundary condition of institutional investor heterogeneity.Design/methodology/approachThis research collected data from Chinese A-shares listed manufacturing firms from 2009 to 2021 from the CSMAR and Wind databases. This study conducted empirical tests using OLS models with Stata 15.FindingsEmpirical results demonstrate that the SD has different impacts on different dimensions of performance. The SD negatively impacts financial performance while positively impacts market performance. Financing constraints mediate the main effects. Moreover, transactional institutional investors positively moderate the negative effect of the SD on financial performance, whereas stable institutional investors negatively moderate the positive effect of the SD on market performance.Originality/valueBy systematically revealing how the SD has different effects on financial and market performance, this study reconciles the debate on the SD between institutional theorists and strategy scholars. This research makes contributions to the research stream by providing reasonable explanations for conflicting conclusions. Furthermore, by introducing the overlooked perspective of financing constraints, this research identifies crucial mediating mechanisms and highlights the double-edged effect of financing constraints, enriching our understanding of financing constraints. Finally, this study investigates the moderating effects of institutional investor heterogeneity, thereby making valuable contributions to the comprehension of boundary conditions.

In this paper, an innovative bionic system will be presented. This system can be used to generate bio-inspired electromagnetic fields (BIEFM) by mimicking natural Earth magnetic fields, the frequencies, strengths and waveforms of body organs and cellular pulsations. The preliminary tests have been carried out to investigate the influences of BIEFM on the ATP levels of people to prove the interactions between BIEMF and the cellular level's bio-processing activities. This system has been applied for the health enhancement of humans and pets etc. A number of case studies will be present to demonstrate the efficiency and effectiveness of the system. The case study experimental results have shown that this innovative bio-inspired system works efficiently and effectively in enhancing human and animal health. It has been proven that this bio-inspired system can be effectively applied to many areas such as (1) human health enhancement and illness treatment, (2) pet health enhancement, and (3) reduction or elimination of 'jet lag'.