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German and Chinese Contributions to Digitalization

German and Chinese Contributions to Digitalization
Author: Andreas Oberheitmann
Publisher: Springer Nature
Total Pages: 286
Release: 2020-08-01
Genre: Business & Economics
ISBN: 3658293403

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Digitalization is one of the biggest challenges of the 21st Century. In Germany, the concept of Industry 4.0 goes back to the high-tech strategy of the Federal Government and describes the interlocking of industrial production with the latest information and communication technology. In the intelligent factory, intelligent and networked machines will operate, decide and optimize largely autonomously in cooperation with humans. For China, the German concept Industry 4.0 is a strategic source of inspiration. Among other things, it was a model for the current Chinese innovation and industrial policy strategy Made in China 2025. This book is looking into different aspects of digitalization. Part 1 presents the concept of Industry 4.0, both, from the German and the Chinese perspective. Part 2 describes the Chinese innovation concept Made in China 2025 within different economic sectors in China and discusses to what extent Industry 4.0 might be considered its role model. Part 3 presents the opportunities and challenges of digitalization and big data from a regional perspective. Part 4 analyses the special aspect of the impacts of digitalization for the banking sector and international trade cooperation. Finally, Part 5 focuses on digitalization and innovation considering small and medium-sized companies in particular.


Leverage Innovation Capability: Application Of Total Innovation Management In China's Smes' Study

Leverage Innovation Capability: Application Of Total Innovation Management In China's Smes' Study
Author: Qingrui Xu
Publisher: World Scientific
Total Pages: 518
Release: 2012-06-26
Genre: Business & Economics
ISBN: 9814449970

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Innovation is widely recognized as a major source of modern productivity growth. Indeed, it is seen as constituting a central process of economic advancement in industrialized countries. Despite this, a considerable gap still exists in knowledge and technological capability between industrialized countries and the more dynamic developing countries such as China. Small and medium sized enterprises (SMEs) are a major contributor to China's economy and SME's contribution to China's GDP is close to 60%.This book studies the strategy and mechanism of leveraging innovation capability in China's SMEs by applying the theory of Total Innovation Management (TIM), which is the new paradigm of managing innovation in enterprises developed by the Research Center for “Innovation and Development” (shortly RCID) of Zhejiang University, China. According to Eric von Hippel, MIT, RCID is the Top 10 Innovation Management research institutes in the world.Leverage Innovation Capability probes the strategy and mechanism of leverage the innovation capability in the firm, especially in China's SMEs. It analyzes how the SMEs utilize all the innovation elements in the firm, including Strategy innovation, Tech innovation, marketing innovation, organization innovation, culture innovation, innovation networking, learning and knowledge management, high involvement innovation, cooperation innovation, etc. to leverage innovation capability.


Innovation and Internationalisation

Innovation and Internationalisation
Author: Stuart Orr
Publisher: Routledge
Total Pages: 224
Release: 2017-11-28
Genre: Business & Economics
ISBN: 1317247434

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This book provides a comprehensive examination of the many factors that influence the internationalisation of SMEs into China. SMEs represent more than 50 percent of the economic activity and employment in China. This book explores the experiences of SMEs that have internationalised to China from Australia. Australian SMEs are at the forefront of foreign SMEs in China with over 5000 Australian SMEs currently operating in China and a long history of association. The book is unique in that it presents a multidisciplinary perspective of the subject, considering seven different discipline perspectives (internationalisation, innovation, entrepreneurship, networks, resources, human resource management and barriers and liabilities). This makes the book one of the most comprehensive treatments of internationalisation to China so far. Each chapter in the book deals with a different perspective and includes own separate analysis. The chapters commence with a consideration of the current knowledge on internationalising to China for each perspective, analyse the interviews of representatives of 35 SMEs operating in China and then draw conclusions which are relevant to students, scholars and professionals. Each chapter includes extensive examples from the interviews. This integrated book is particularly useful for small business owners, international business management consultants, instructors and students.


Marketing Strategies of Chinese Companies

Marketing Strategies of Chinese Companies
Author: Fenghua Tang
Publisher: Diplomica Verlag
Total Pages: 91
Release: 2010-06
Genre: Business & Economics
ISBN: 3836690985

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Ten or fifteen years ago global business was mainly in the hands of a select number of multinational giants. Small and medium-sized business concentrated on their home markets and perhaps one or two neighboring countries. Not so any longer. Even the smallest businesses have realized that they have something to market in distant countries. Under these circumstances, Chinese companies of all sizes in various industries have recently opened to foreign competition. According to the Chinese Commerce Ministry's new release on relevant report, the Chinese foreign investment reached a new record of 26,51 billion US-Dollars in 2007. This represented a growth of 25,3 percent compared to 2006. After the quantity expansion, the quality offensive comes silently. Today, Chinese companies throw not only millions of T-Shirts, toys or plastic bowls in the international market but also wireless LCD-televisions, telecom-equipment and precision tools as well. Chinese companies have realized that a competitive advantage based on low costs, low prices and large quantities in a global economy cannot defend itself long. Consequently, they focus consistently on innovation and brands. In addition, China's globalization also needs strong mental forces. China does not just want to be a world factory, but instead be an internationally competitive market place that Western competitors already are. In the involvement of Chinese companies abroad aimed at specific markets, several strategies are recognizable. German and European companies are facing new chances and challenges at the same time. People must correctly assess the situation and corporate strategies and business concepts, with which they respond effectively and sustainably. The following questions are the focus: In what areas and branches do Chinese companies concentrate in German market? Which Chinese companies go abroad? What are their market entry strategies? What are their competitive strategies? And what are the steps of Chinese investments? What problems in the Chinese M&A business in Germany? How to overcome or avoid them? What are other problems? What branches are suffering from Chinese competition in Germany and EU? Chances or threats? How can German companies face this shift in a global economy and respond appropriately?


The Restructuring of Global Value Chains

The Restructuring of Global Value Chains
Author: Yunshi Mao
Publisher: Springer Nature
Total Pages: 368
Release: 2022-05-26
Genre: Business & Economics
ISBN: 9811916934

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This book discusses the feasible breakthrough of emerging economy enterprises in participating the international division of labor led by developed countries and gradually standing at the top end(s) of the value chain based on a deep understanding of the practice and upgrading opportunities of Chinese enterprises. On the basis of re-understanding the theory of global value chains, this book puts forward and expounds the concept of restructuring the global value chain. This book analyzes the background,motivations, paths and effects of enterprises in emerging economies to reconstruct the global value chain and develops a theoretical system to explore the deep-seated logic behind enterprise upgrading. This book concludes that the transformation and upgrading of Chinese enterprises are the most critical initiatives in seeking a new balance in the world economy. This book involves dozens of manufacturing enterprise cases in Chinese mainland and Taiwan. It is of great value to the research and policy study of enterprise upgrading and the participation in global competition.


Change Ahead? Sustainable Governance in the BRICS

Change Ahead? Sustainable Governance in the BRICS
Author: Bertelsmann Stiftung
Publisher: Verlag Bertelsmann Stiftung
Total Pages: 266
Release: 2013-11-01
Genre: Political Science
ISBN: 3867935513

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The emergent powers of Brazil, Russia, India, China and South Africa (BRICS) are drawing attention as they change the political and economic map of the 21st century. But does each country have the institutional framework needed to advance its path of development and to effectively address needed reforms with sustainable solutions? With the support of an international network of experts, the Bertelsmann Stiftung has conducted an indicator-based inventory of the state and performance of governance in each BRICS country. Focusing on success factors and policy challenges, this study draws upon the analytic tool of the Sustainable Governance Indicators (SGI), allowing for a cross-national analysis of the need for reform in core policy areas such as economic and social affairs, environmental policies and innovation strategies. At the same time, the capacities of each country's system of governance are explored in each BRICS state. explores the the extent to which problems are identified and strategic solutions implemented in each of the five political systems. By looking at both reform needs and reform capacities, this study points to considerable differences in the prospects for development in each country - prospects which, in some cases, fall short of the expected growth and progress.


Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)

Proceedings of the 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023)
Author: Yushi Jiang
Publisher: Springer Nature
Total Pages: 838
Release: 2023-05-13
Genre: Business & Economics
ISBN: 9464631422

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This is an open access book.Financial globalization plays a huge role in promoting the development of the world economy and the optimal allocation of world resources, stimulates the accelerated development of the international division of labor, and increases the international flow of production factors such as industrial transfer, capital transfer, and technology transfer. It enables developing countries to make up for the lack of their own capital and technology, and obtain industrial evolution, technological progress, and institutional innovation, thereby accelerating the speed of economic development; it also enables developed countries to open up cheap labor, raw material markets and broad consumer markets, prolonging product value. More profits, ease the economy, the contradiction of stagflation, and restore economic growth. The 8th International Conference on Financial Innovation and Economic Development (ICFIED 2023) aims to accommodate this need, as well as to: 1. provide a platform for experts and scholars, engineers and technicians in the field of financial Innovation and economic development to share scientific research achievements and cutting-edge technologies 2. Understand academic development trends, broaden research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements 3. Promote the institutionalization and standardization of Financial Innovation and Economic Development through modern research 4. Increasing the number of scientific publications for financial Innovation and economic development


Innovative Capabilities and the Globalization of Chinese Firms

Innovative Capabilities and the Globalization of Chinese Firms
Author: Maureen McKelvey
Publisher: Edward Elgar Publishing
Total Pages: 256
Release: 2020-12-25
Genre: Business & Economics
ISBN: 1786434482

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This book explains how Chinese firms are increasingly developing innovative capabilities and engaging in globalization. It focuses on knowledge-intensive and innovative entrepreneurial firms and multinationals, which already are – or are striving to become – world-leaders in their technologies and markets, and which do so by their use of advanced knowledge for innovation as well as their ability to act globally. The book advances related debates in entrepreneurship, innovation management, economic geography and international business.