The purpose of this paper is to examine the promotion of self-directed learning (SDL), a concept that can potentially increase employee competency in organisations. We present SDL as a pivotal 21st century skills that transforms traditional practices into competencies crucial for the success of an employee at the workplace. The paper utilised case studies, document analysis, and a systematic literature review to synthesise existing resources. A systematic review of 50 peerreviewed articles published in English-language Scopus indexed journals indicate the significance of promoting SDL in the 21st century workplace for employee competency development. The findings further highlight the practices that need to be integrated for SDL promotion in the workplace to enhance employee competency. Specifically, communication of a shared vision and knowledge among employees is essential to promote SDL. The literature suggests that SDL must be supported by employers and implemented in human resource development (HRD). The practical implications of this for Asian businesses is to introduce and inculcate SDL in organisational culture through a reward system and a conducive working environment. Overall, in recent years, researchers have recognised the critical role of SDL in the workplace in enhancing employee competencies by transferring the learning responsibility to employees.
{"title":"The Integration of Self-directed Learning and Employee Competency in the 21st Century","authors":"Sanhakot Vithayaporn, S. Yong, E. Chai","doi":"10.14707/ajbr.210106","DOIUrl":"https://doi.org/10.14707/ajbr.210106","url":null,"abstract":"The purpose of this paper is to examine the promotion of self-directed learning (SDL), a concept that can potentially increase employee competency in organisations. We present SDL as a pivotal 21st century skills that transforms traditional practices into competencies crucial for the success of an employee at the workplace. The paper utilised case studies, document analysis, and a systematic literature review to synthesise existing resources. A systematic review of 50 peerreviewed articles published in English-language Scopus indexed journals indicate the significance of promoting SDL in the 21st century workplace for employee competency development. The findings further highlight the practices that need to be integrated for SDL promotion in the workplace to enhance employee competency. Specifically, communication of a shared vision and knowledge among employees is essential to promote SDL. The literature suggests that SDL must be supported by employers and implemented in human resource development (HRD). The practical implications of this for Asian businesses is to introduce and inculcate SDL in organisational culture through a reward system and a conducive working environment. Overall, in recent years, researchers have recognised the critical role of SDL in the workplace in enhancing employee competencies by transferring the learning responsibility to employees.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"4 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90444081","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Environmental issues and sustainability have attracted considerable attention. The public have been asked to change their conventional consumption patterns and purchase behaviours. This study expanded the theoretical base of green purchasing by extending the theory of planned behaviour (TPB) and essays a comprehensive research framework to identify the antecedents and mediators of green purchase intention (GPI). Smart PLS version 3.2.8 was employed to test the theoretical framework against 314 observations of customers who had bought green products in Phnom Penh, Cambodia. The current study extended the framework of the TPB model, in which perceived moral obligation (PMO) is introduced as an antecedent of attitudes towards green products, subjective norms (SN), and perceived behavioural control (PBC) vis-a-vis GPI. The findings reveal that environmental awareness and environmental concerns have a significant and positive influence on SN, PMO, and PBC. They also show that consumers’ PMO has a positive and significant impact on customers’ perceived value, including perceived environmental value and perceived environmental image. Furthermore, SN, PMO, PBC, and customers’ perceived value have a significant effect on attitudes towards green products. Both customer’s attitudes and perceived value have a positive effect on GPI. Theoretical and managerial implications are provided.
{"title":"Influence of Environmental Concerns and Moral Obligation on Purchase Intention: Evidence from Cambodia","authors":"Ying-Kai Liao, Wann‐Yih Wu, Thi-That Pham","doi":"10.14707/ajbr.210107","DOIUrl":"https://doi.org/10.14707/ajbr.210107","url":null,"abstract":"Environmental issues and sustainability have attracted considerable attention. The public have been asked to change their conventional consumption patterns and purchase behaviours. This study expanded the theoretical base of green purchasing by extending the theory of planned behaviour (TPB) and essays a comprehensive research framework to identify the antecedents and mediators of green purchase intention (GPI). Smart PLS version 3.2.8 was employed to test the theoretical framework against 314 observations of customers who had bought green products in Phnom Penh, Cambodia. The current study extended the framework of the TPB model, in which perceived moral obligation (PMO) is introduced as an antecedent of attitudes towards green products, subjective norms (SN), and perceived behavioural control (PBC) vis-a-vis GPI. The findings reveal that environmental awareness and environmental concerns have a significant and positive influence on SN, PMO, and PBC. They also show that consumers’ PMO has a positive and significant impact on customers’ perceived value, including perceived environmental value and perceived environmental image. Furthermore, SN, PMO, PBC, and customers’ perceived value have a significant effect on attitudes towards green products. Both customer’s attitudes and perceived value have a positive effect on GPI. Theoretical and managerial implications are provided.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74556048","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fizza Hussain, M. Memon, Hadia Naeem, Shumaila Hafeez
This study aims to study the relationship between personality traits (conscientiousness and extraversion), electronic performance monitoring (EPM) and work passion. In addition, it investigates the mediating role of EPM between personality traits and work passion. Data was collected from 105 employees working in call centers throughout Pakistan. Partial least squares structural equation modeling (PLS-SEM), using SmartPLS 3.0, was performed to test the hypothesized model. The results showed that consciousness and extraversion have a positive impact on EPM and work passion. In addition, EPM acts significantly as a mediator between personality traits and work passion among call center employees. This is the first study that examines the mediating role of EPM in the relation between personality differences and work passion. The results of the study would help Asian human resources professionals effectively perform human resources functions, such as employee staffing, training, and performance management. Implications for managers and recommendations for future studies are proposed.
{"title":"The Mediating Role of Electronic Performance Monitoring in the relationship between Personality Traits and Work Passion","authors":"Fizza Hussain, M. Memon, Hadia Naeem, Shumaila Hafeez","doi":"10.14707/ajbr.210109","DOIUrl":"https://doi.org/10.14707/ajbr.210109","url":null,"abstract":"This study aims to study the relationship between personality traits (conscientiousness and extraversion), electronic performance monitoring (EPM) and work passion. In addition, it investigates the mediating role of EPM between personality traits and work passion. Data was collected from 105 employees working in call centers throughout Pakistan. Partial least squares structural equation modeling (PLS-SEM), using SmartPLS 3.0, was performed to test the hypothesized model. The results showed that consciousness and extraversion have a positive impact on EPM and work passion. In addition, EPM acts significantly as a mediator between personality traits and work passion among call center employees. This is the first study that examines the mediating role of EPM in the relation between personality differences and work passion. The results of the study would help Asian human resources professionals effectively perform human resources functions, such as employee staffing, training, and performance management. Implications for managers and recommendations for future studies are proposed.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86766076","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-08-11DOI: 10.20448/journal.518.2021.6.14.19
Quynh T.P. Lam, Quoc T. Nam, K. D. Nguyen
The paper uses the ordered logit regression model on table data to determine the differences in the impact of factors affecting the sovereign credit ratings of ASEAN developing countries compared to other developed countries. The results show that the impact of the macroeconomic indicators on the sovereign credit ratings in ASEAN developing countries decreases in comparison to the impact of factors in developed countries. Besides on that, there is no difference in the impact of the factors demonstrates the efficiency of governance on sovereign credit ratings in developing ASEAN countries compared to developed countries.
{"title":"Determining the Differences in the Impacts of Factors Affecting Sovereign Credit Rating: A Case Study of Developing ASEAN and Developed Countries","authors":"Quynh T.P. Lam, Quoc T. Nam, K. D. Nguyen","doi":"10.20448/journal.518.2021.6.14.19","DOIUrl":"https://doi.org/10.20448/journal.518.2021.6.14.19","url":null,"abstract":"The paper uses the ordered logit regression model on table data to determine the differences in the impact of factors affecting the sovereign credit ratings of ASEAN developing countries compared to other developed countries. The results show that the impact of the macroeconomic indicators on the sovereign credit ratings in ASEAN developing countries decreases in comparison to the impact of factors in developed countries. Besides on that, there is no difference in the impact of the factors demonstrates the efficiency of governance on sovereign credit ratings in developing ASEAN countries compared to developed countries.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"11 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91125130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-08-11DOI: 10.20448/journal.518.2021.6.20.28
Poomthan Thaenthao
Sustainable marketing commitment of the organization could lead them towards high performance and gained top management and researchers' attentions. Thus, the current study also examines the role of brand image orientation and innovativeness on sustainable marketing commitment. The goal also includes the moderating role of sustainable leadership among the nexus of brand image orientation, innovativeness and sustainable marketing commitment. This study also examined that impact of sustainable marketing commitment on the performance of mobile phone companies in Thailand. This study has followed the quantitative methods such as questionnaires for the data collection and analyzed the data with smart-PLS. The researchers have adopted the mail and personal visit methods to send surveys to the selected respondents. A total of 550 questionnaires were forwarded to the respondents and received only 340 after fifteen days of distribution and has a response rate of 61.82 per cent. The results exposed that brand image orientation and innovativeness have a positive association with sustainable marketing commitment. The results also indicated that sustainable leadership significantly moderates among the links of brand image orientation and innovativeness on sustainable marketing commitment. The outcomes also show that sustainable marketing commitment has a positive impact on firm performance. These outcomes are suitable for policymakers who want to develop sustainable marketing commitment and firm performance policies.
{"title":"The Role of Brand Image Orientation, Innovativeness and Sustainability Marketing Commitment on Company Performance: Moderating Influence of Sustainable Leadership","authors":"Poomthan Thaenthao","doi":"10.20448/journal.518.2021.6.20.28","DOIUrl":"https://doi.org/10.20448/journal.518.2021.6.20.28","url":null,"abstract":"Sustainable marketing commitment of the organization could lead them towards high performance and gained top management and researchers' attentions. Thus, the current study also examines the role of brand image orientation and innovativeness on sustainable marketing commitment. The goal also includes the moderating role of sustainable leadership among the nexus of brand image orientation, innovativeness and sustainable marketing commitment. This study also examined that impact of sustainable marketing commitment on the performance of mobile phone companies in Thailand. This study has followed the quantitative methods such as questionnaires for the data collection and analyzed the data with smart-PLS. The researchers have adopted the mail and personal visit methods to send surveys to the selected respondents. A total of 550 questionnaires were forwarded to the respondents and received only 340 after fifteen days of distribution and has a response rate of 61.82 per cent. The results exposed that brand image orientation and innovativeness have a positive association with sustainable marketing commitment. The results also indicated that sustainable leadership significantly moderates among the links of brand image orientation and innovativeness on sustainable marketing commitment. The outcomes also show that sustainable marketing commitment has a positive impact on firm performance. These outcomes are suitable for policymakers who want to develop sustainable marketing commitment and firm performance policies.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"6 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-08-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78756007","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The article assesses people’s satisfaction about the National Target Program on New Rural Construction in Cai Lay district Tien Giang province (Vietnam). The data used in the article was collected in 2020, conducted a household survey according to a pre-designed questionnaire, with a total of 292 surveyed households. The information collected is processed using SPSS software and use the method of regression analysis to build models of the main factors affecting people’s satisfaction with the results of the program. Values of variables in the model are build according to Likert scale with 5 levels (very dissatisfied = 1; dissatisfied = 2; neutral = 3; satisfied = 4; very satisfied = 5). The regression results show that the main factors affecting the satisfaction of the people as the “transport system”, “production reorganization”, “market access”, “career change” and “labor training”.
{"title":"Analysis of Factors Affecting People’s Satisfaction on the National Target Program for New Rural Construction in Cai Lay District Tien Giang Province (Vietnam)","authors":"Ngô Thanh Phong","doi":"10.20849/abr.v6i1.911","DOIUrl":"https://doi.org/10.20849/abr.v6i1.911","url":null,"abstract":"The article assesses people’s satisfaction about the National Target Program on New Rural Construction in Cai Lay district Tien Giang province (Vietnam). The data used in the article was collected in 2020, conducted a household survey according to a pre-designed questionnaire, with a total of 292 surveyed households. The information collected is processed using SPSS software and use the method of regression analysis to build models of the main factors affecting people’s satisfaction with the results of the program. Values of variables in the model are build according to Likert scale with 5 levels (very dissatisfied = 1; dissatisfied = 2; neutral = 3; satisfied = 4; very satisfied = 5). The regression results show that the main factors affecting the satisfaction of the people as the “transport system”, “production reorganization”, “market access”, “career change” and “labor training”.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73801555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marketers are focusing on their corporate social responsibility in recent years, utilizing charity business as an effective sale and marketing strategy. A better understanding of consumer behaviour in relation to cause-related marketing (CRM) is critical, as both marketers and consumers are able to build a win-win relationship. Borrowing the construal level theory, we examined the effects of advertising framing in CRM, focusing on how construal level and donation magnitude could have affected consumer’s attitude and willingness to donate. The study proposes that words induce high construal level that consumers should have higher buying intention and willingness to participate in a word- vs. picture-based advertisement. Consistent with the previous study, the preliminary study had successfully attributed picture vs. words to low vs. high construal level. However, the main study results failed to indicate a higher intention to participate and to buy among consumers in a high (e.g. 25% of the selling price) vs. low donation magnitude (e.g. 5% of the selling price) condition. The contribution of the current study is expected to extend the construal level theory by assessing the donation magnitude, which affecting consumer behaviour in the marketing context. The findings of the studies added to the understanding of construal level and donation magnitude manipulations in CRM, which benefits both the CRM marketers as well as the academic researchers. Besides, this study also demonstrated the potential to develop brand awareness, promote a social cause and inspire consumers to demonstrate support for causes they concern about.
{"title":"The Effects of Construal Level and Donation Magnitude: The Case of Cause-Related Marketing","authors":"G. Phang, HsinChieh Lin, Tze-Yin Lim","doi":"10.14707/ajbr.200094","DOIUrl":"https://doi.org/10.14707/ajbr.200094","url":null,"abstract":"Marketers are focusing on their corporate social responsibility in recent years, utilizing charity business as an effective sale and marketing strategy. A better understanding of consumer behaviour in relation to cause-related marketing (CRM) is critical, as both marketers and consumers are able to build a win-win relationship. Borrowing the construal level theory, we examined the effects of advertising framing in CRM, focusing on how construal level and donation magnitude could have affected consumer’s attitude and willingness to donate. The study proposes that words induce high construal level that consumers should have higher buying intention and willingness to participate in a word- vs. picture-based advertisement. Consistent with the previous study, the preliminary study had successfully attributed picture vs. words to low vs. high construal level. However, the main study results failed to indicate a higher intention to participate and to buy among consumers in a high (e.g. 25% of the selling price) vs. low donation magnitude (e.g. 5% of the selling price) condition. The contribution of the current study is expected to extend the construal level theory by assessing the donation magnitude, which affecting consumer behaviour in the marketing context. The findings of the studies added to the understanding of construal level and donation magnitude manipulations in CRM, which benefits both the CRM marketers as well as the academic researchers. Besides, this study also demonstrated the potential to develop brand awareness, promote a social cause and inspire consumers to demonstrate support for causes they concern about.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"70 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86223077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
As the essence of traditional Chinese culture, Zhong-Yong is closely related to the psychology, behaviour, and life of Chinese people. Due to the advent of indigenous psychological research, several studies have explored Zhong-Yong thinking (ZYT) in recent decades, but such research is still in its infancy. Although some scholars have affirmed that the influence of ZYT on the Chinese people, the systematic synthesis of the impact of Zhong-Yong thinking on employee’s behaviour at the workplace is limited. Based on the established literature, this study offers a systematic review of 22 selected articles in the field by conducting a bibliometric analysis to categorise the three main clusters of innovative behaviour, voice behaviour, and employee performance. The findings of this study enable future researchers to gain a deeper understanding and enrich the field by offering a wide range of perspectives on the direction of research. Theoretical and practical implications for Asian business context are provided.
{"title":"Zhong-Yong Thinking and Employees’ Behaviour at the Workplace: Setting a Research Agenda","authors":"Binyao Ning, R. Omar, Ye Ye","doi":"10.14707/ajbr.200095","DOIUrl":"https://doi.org/10.14707/ajbr.200095","url":null,"abstract":"As the essence of traditional Chinese culture, Zhong-Yong is closely related to the psychology, behaviour, and life of Chinese people. Due to the advent of indigenous psychological research, several studies have explored Zhong-Yong thinking (ZYT) in recent decades, but such research is still in its infancy. Although some scholars have affirmed that the influence of ZYT on the Chinese people, the systematic synthesis of the impact of Zhong-Yong thinking on employee’s behaviour at the workplace is limited. Based on the established literature, this study offers a systematic review of 22 selected articles in the field by conducting a bibliometric analysis to categorise the three main clusters of innovative behaviour, voice behaviour, and employee performance. The findings of this study enable future researchers to gain a deeper understanding and enrich the field by offering a wide range of perspectives on the direction of research. Theoretical and practical implications for Asian business context are provided.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"23 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85368734","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We examine the effect of emotional intelligence (EI) on help-giving and helpreceiving interactions in dyadic relationships. We further investigate how the dyadic reciprocity extends to organizational citizenship behaviour (OCB) toward whole group drawing on the collectivistic characteristics of East Asian culture. In addition, we use a social network approach to reveal how individuals’ position in social networks mediates the relationship between EI and OCB. Through a two-wave survey study with 63 MBA and graduate students, we found that emotionally intelligent individuals were more active in social networks. They showed more concentrated social interactions in acquaintance networks and engaged in more intermediary social interactions. Also, emotionally intelligent individuals received more assistance from various groups in the helping network. Furthermore, the more the emotionally intelligent individuals engage actively in social network, the more they engage in OCB later. Our study sheds light on the critical role that EI and interpersonal relationships play in understanding prosocial behaviour.
{"title":"Emotional Intelligence and Organizational Citizenship Behaviour in Korea: The Mediating Effect of Social Networks","authors":"Hyewon Park, Seung-Yoon Rhee","doi":"10.14707/ajbr.200090","DOIUrl":"https://doi.org/10.14707/ajbr.200090","url":null,"abstract":"We examine the effect of emotional intelligence (EI) on help-giving and helpreceiving interactions in dyadic relationships. We further investigate how the dyadic reciprocity extends to organizational citizenship behaviour (OCB) toward whole group drawing on the collectivistic characteristics of East Asian culture. In addition, we use a social network approach to reveal how individuals’ position in social networks mediates the relationship between EI and OCB. Through a two-wave survey study with 63 MBA and graduate students, we found that emotionally intelligent individuals were more active in social networks. They showed more concentrated social interactions in acquaintance networks and engaged in more intermediary social interactions. Also, emotionally intelligent individuals received more assistance from various groups in the helping network. Furthermore, the more the emotionally intelligent individuals engage actively in social network, the more they engage in OCB later. Our study sheds light on the critical role that EI and interpersonal relationships play in understanding prosocial behaviour.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"33 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79471862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The current study provides an overview of the United States and China escalating trade hostility that commenced in January 2018.An attempt has been made to find the root cause of the trade war between two giant economic powers for trade dispute. Mixed method approach was adopted i-e qualitative data was gathered by conducting panel discussion with different professors and quantitative data was gathered from articles, newspapers, WTO, World Bank, WITS and MIT.edu databases. The accumulated qualitative data was analysed through content analysis; excel was used for the quantitative data analysis. Results indicate that evolving tariffs war is a hidden tactic to contaminate “Made in China 2025” industrial revolution Policy, because it’s a major hurdle against Trump’s wish of making America again super manufacturing power. In fact, China has become a super manufacturing power by upgrading in its technological sector. Moreover, tit for tat tariffs war has reverberated the entire global economy badly. Chinese rapid growth and innovative plan, higher trade deficit between China and the United States, technological development, leading manufacturing capability, foreign investment amiable environment and proper industrial plan “Made in China, 2025” are the main trigger points for the United States. Owing to these reasons, the United States has to impede the Made in China 2025 plan, and it, in fact, wishes to skip Made in China 2030.
{"title":"“Made in China 2025” Strategy and Trade Hostility: The United States VS China","authors":"M. Rashidin, B. Economics, S. Javed","doi":"10.14707/ajbr.200088","DOIUrl":"https://doi.org/10.14707/ajbr.200088","url":null,"abstract":"The current study provides an overview of the United States and China escalating trade hostility that commenced in January 2018.An attempt has been made to find the root cause of the trade war between two giant economic powers for trade dispute. Mixed method approach was adopted i-e qualitative data was gathered by conducting panel discussion with different professors and quantitative data was gathered from articles, newspapers, WTO, World Bank, WITS and MIT.edu databases. The accumulated qualitative data was analysed through content analysis; excel was used for the quantitative data analysis. Results indicate that evolving tariffs war is a hidden tactic to contaminate “Made in China 2025” industrial revolution Policy, because it’s a major hurdle against Trump’s wish of making America again super manufacturing power. In fact, China has become a super manufacturing power by upgrading in its technological sector. Moreover, tit for tat tariffs war has reverberated the entire global economy badly. Chinese rapid growth and innovative plan, higher trade deficit between China and the United States, technological development, leading manufacturing capability, foreign investment amiable environment and proper industrial plan “Made in China, 2025” are the main trigger points for the United States. Owing to these reasons, the United States has to impede the Made in China 2025 plan, and it, in fact, wishes to skip Made in China 2030.","PeriodicalId":37159,"journal":{"name":"Asian Journal of Business Research","volume":"62 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88221391","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}