Pub Date : 2019-09-20DOI: 10.1142/s2424862219500118
Ramesh Kumar, M. Kadyan
To improve the reliability of the industrial systems, the main requirement is to identify the most expected failures and to minimize the effects of such failures. This can be achieved through availability evaluation of the systems of the industry. Here, the performance analysis of molasses (by-product of sugarcane) making system is carried out. The system consists of four subsystems, namely: Crystallizer, C-fore worker, C-after Worker and Melter. Functioning of these subsystems is in series and within subsystems have different working configurations. Equations associated with the system model are developed and solved to get the state probabilities by using supplementary variable technique. A particular case is also considered to show the availability and expected behavior of the molasses making system. Numerical results are obtained to explain the effect of subsystems working behavior.
{"title":"Improving Industrial Systems Reliability — An Application in Sugar Industry","authors":"Ramesh Kumar, M. Kadyan","doi":"10.1142/s2424862219500118","DOIUrl":"https://doi.org/10.1142/s2424862219500118","url":null,"abstract":"To improve the reliability of the industrial systems, the main requirement is to identify the most expected failures and to minimize the effects of such failures. This can be achieved through availability evaluation of the systems of the industry. Here, the performance analysis of molasses (by-product of sugarcane) making system is carried out. The system consists of four subsystems, namely: Crystallizer, C-fore worker, C-after Worker and Melter. Functioning of these subsystems is in series and within subsystems have different working configurations. Equations associated with the system model are developed and solved to get the state probabilities by using supplementary variable technique. A particular case is also considered to show the availability and expected behavior of the molasses making system. Numerical results are obtained to explain the effect of subsystems working behavior.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89062413","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 : 2019-08-28DOI: 10.1142/s242486221950009x
Abid Haleem, M. Javaid
Color-jet 3D printing (CJP) technology-based machines are now being developed, and there is a need to identify the successful adoption of this technology for additive manufacturing (AM). Extensive literature review complemented with experts’ advice utilized systematically helped in the identification of 12 critical factors for the effective adoption of color-jet printing technology. A hierarchical structural model is developed using interpretive structural modeling (ISM) and analyzed using Matriced Impacts Croise’s Multiplication Appliquée a UN Classement (MICMAC). Identified software and the machine cost are primary drivers for this color-jet 3D printing machines (technology). The value of this technology is to provide the product at a lower cost and give useful applications in the area of medical, engineering and concept building. There is a need for developing better quality core material and post-processing material, further supported by enabling machine hardware and software. Accuracy and color texture of the part produced are essential to provide a technological advantage over existing technologies. Post-processing assists in a big way in imparting necessary properties to the part produced. Presently, the infiltrate/post-processing materials are limited, and for large-scale acceptability, one needs extensive multidisciplinary research and development. This research provides a structural model toward the adoption of color-jet 3D printing technology, which can also help users in evaluating this technology in broader AM framework.
{"title":"Enablers, Barriers, and Critical Success Factors for Effective Adoption of Color-Jet 3D Printing Technology","authors":"Abid Haleem, M. Javaid","doi":"10.1142/s242486221950009x","DOIUrl":"https://doi.org/10.1142/s242486221950009x","url":null,"abstract":"Color-jet 3D printing (CJP) technology-based machines are now being developed, and there is a need to identify the successful adoption of this technology for additive manufacturing (AM). Extensive literature review complemented with experts’ advice utilized systematically helped in the identification of 12 critical factors for the effective adoption of color-jet printing technology. A hierarchical structural model is developed using interpretive structural modeling (ISM) and analyzed using Matriced Impacts Croise’s Multiplication Appliquée a UN Classement (MICMAC). Identified software and the machine cost are primary drivers for this color-jet 3D printing machines (technology). The value of this technology is to provide the product at a lower cost and give useful applications in the area of medical, engineering and concept building. There is a need for developing better quality core material and post-processing material, further supported by enabling machine hardware and software. Accuracy and color texture of the part produced are essential to provide a technological advantage over existing technologies. Post-processing assists in a big way in imparting necessary properties to the part produced. Presently, the infiltrate/post-processing materials are limited, and for large-scale acceptability, one needs extensive multidisciplinary research and development. This research provides a structural model toward the adoption of color-jet 3D printing technology, which can also help users in evaluating this technology in broader AM framework.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74762239","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 : 2019-08-07DOI: 10.1142/S2424862219500088
Jiasu Lei, Ying Liu, Y. Qi, Qingzhi Zhang
This paper combs the landscapes of China’s technological innovation practice during the 40 years of reform and opening up, and describes it as “Four-Stage Climbing” that is, “Learning–Introducing–Supplying Stage” (LIS Stage), “Introducing–Imitating–Improving Stage” (III Stage), “Integrating–Boosting–Creating Stage” (IBC Stage), and the “Innovating–Iterating–Promoting Stage” (IIP Stage). It also explains the background of each stage and its specific innovation model. Furthermore, the paper emphasizes the main features, basic experiences and main lessons of China’s technological innovation practice during the past 40 years. This paper demonstrates that with the deepening of innovation-driven development, especially in the field of “Innovation Leads Development” which is valued by the country and industry, at this stage, it is urgent to pay closer attention to the following issues: first of all, the possible changes in mechanisms of international innovation competition and cooperation under the background of potential reconstruction for international governance; secondly, the occurrence and realization mechanism of Leading Scientific and Technological Innovation in the era of science and technology, as well as the structural and institutional mechanisms of the national innovation ecosystem, and also the ecological niche in which the future scientific innovation subject and technological innovation subject should be in the national innovation ecosystem; furthermore, the mechanism of innovation and development for “science-based industries”; last but not the least, the logical construction of innovation and development research under the Chinese context.
{"title":"40 Years of Technological Innovation in China: A Review of the Four-Stage Climbing Track","authors":"Jiasu Lei, Ying Liu, Y. Qi, Qingzhi Zhang","doi":"10.1142/S2424862219500088","DOIUrl":"https://doi.org/10.1142/S2424862219500088","url":null,"abstract":"This paper combs the landscapes of China’s technological innovation practice during the 40 years of reform and opening up, and describes it as “Four-Stage Climbing” that is, “Learning–Introducing–Supplying Stage” (LIS Stage), “Introducing–Imitating–Improving Stage” (III Stage), “Integrating–Boosting–Creating Stage” (IBC Stage), and the “Innovating–Iterating–Promoting Stage” (IIP Stage). It also explains the background of each stage and its specific innovation model. Furthermore, the paper emphasizes the main features, basic experiences and main lessons of China’s technological innovation practice during the past 40 years. This paper demonstrates that with the deepening of innovation-driven development, especially in the field of “Innovation Leads Development” which is valued by the country and industry, at this stage, it is urgent to pay closer attention to the following issues: first of all, the possible changes in mechanisms of international innovation competition and cooperation under the background of potential reconstruction for international governance; secondly, the occurrence and realization mechanism of Leading Scientific and Technological Innovation in the era of science and technology, as well as the structural and institutional mechanisms of the national innovation ecosystem, and also the ecological niche in which the future scientific innovation subject and technological innovation subject should be in the national innovation ecosystem; furthermore, the mechanism of innovation and development for “science-based industries”; last but not the least, the logical construction of innovation and development research under the Chinese context.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76374702","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 : 2019-08-07DOI: 10.1142/S2424862219500076
Rongyao Zhang, Kan Wang
When economy transfers from tangible manufacturing to intangible services, it is extremely important to understand whether the lessons learned from manufacturing industries can be directly applied to service supply chains. This paper aims to compare traditional manufacturing industries with service supply chain sector and the results emphasize that the similarities and differences do exist between these two sectors — demonstrating that effective supply chain strategies in one sector may not be appropriate in the other sector. Based on the unique characteristics of service, this study builds a conceptual model of service supply chain.
{"title":"Service Supply Chain Research: A Conceptual Model Based on Business Processes","authors":"Rongyao Zhang, Kan Wang","doi":"10.1142/S2424862219500076","DOIUrl":"https://doi.org/10.1142/S2424862219500076","url":null,"abstract":"When economy transfers from tangible manufacturing to intangible services, it is extremely important to understand whether the lessons learned from manufacturing industries can be directly applied to service supply chains. This paper aims to compare traditional manufacturing industries with service supply chain sector and the results emphasize that the similarities and differences do exist between these two sectors — demonstrating that effective supply chain strategies in one sector may not be appropriate in the other sector. Based on the unique characteristics of service, this study builds a conceptual model of service supply chain.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82076665","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 : 2019-08-07DOI: 10.1142/S2424862219500052
Bertram Lohmuller, Alexander Petrikhin
This paper is dedicated to the technology management issue in the context of increasing requirements and challenges that modern executives have to face regarding efficient and proactive technology and innovation management, support of new product and service lines, and business development. The main focus of this research is the diversity of organizational roles performed by top and middle managers experiencing a strong impact of the “technological factor”. Those executives who officially occupy the highest position associated with technology responsibilities are called Chief Technology Officers (CTOs). At the same time, in many companies — especially in small- and medium-sized enterprises (SMEs) — such a position is not officially given. The managers who partially or fully perform the CTO functionality even if they do not have this official post are respectively named “Hidden” CTOs. At the same time, it is important to note that despite the presence in practice of more than 40 years, the term CTO is still associated with lots of controversy. There are dozens of contradictory definitions and disputes between practitioners and theorists that lead to a blurring of the CTO term meaning. In practice, it can be observed that the contradictions about the functionality of a technology manager can lead to the fact that the management potential cannot be fully activated and that management priorities are set incorrectly or unclearly. This paper presents a new approach to the CTO position definition based on the analysis of internal and external specifics combined with change management dynamics. Further, this new approach was used as the framework for an empirical study, based on a semi-structured questionnaire and personal interviews. In the study, the roles of international executives dealing with technological topics were investigated. The first results of the study have shown that modern technology executives are not narrowly profiled specialists focusing on purely technological issues. They are increasingly appointed as members of the top management team (TMT), for bringing in the technological perspective in the general management process. In their function, they link up between different stakeholders in terms of technology efficient use and their progressive development.
{"title":"Chief Technology Officers: One Mission, Different Organizational Roles","authors":"Bertram Lohmuller, Alexander Petrikhin","doi":"10.1142/S2424862219500052","DOIUrl":"https://doi.org/10.1142/S2424862219500052","url":null,"abstract":"This paper is dedicated to the technology management issue in the context of increasing requirements and challenges that modern executives have to face regarding efficient and proactive technology and innovation management, support of new product and service lines, and business development. The main focus of this research is the diversity of organizational roles performed by top and middle managers experiencing a strong impact of the “technological factor”. Those executives who officially occupy the highest position associated with technology responsibilities are called Chief Technology Officers (CTOs). At the same time, in many companies — especially in small- and medium-sized enterprises (SMEs) — such a position is not officially given. The managers who partially or fully perform the CTO functionality even if they do not have this official post are respectively named “Hidden” CTOs. At the same time, it is important to note that despite the presence in practice of more than 40 years, the term CTO is still associated with lots of controversy. There are dozens of contradictory definitions and disputes between practitioners and theorists that lead to a blurring of the CTO term meaning. In practice, it can be observed that the contradictions about the functionality of a technology manager can lead to the fact that the management potential cannot be fully activated and that management priorities are set incorrectly or unclearly. This paper presents a new approach to the CTO position definition based on the analysis of internal and external specifics combined with change management dynamics. Further, this new approach was used as the framework for an empirical study, based on a semi-structured questionnaire and personal interviews. In the study, the roles of international executives dealing with technological topics were investigated. The first results of the study have shown that modern technology executives are not narrowly profiled specialists focusing on purely technological issues. They are increasingly appointed as members of the top management team (TMT), for bringing in the technological perspective in the general management process. In their function, they link up between different stakeholders in terms of technology efficient use and their progressive development.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76555714","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 : 2019-08-07DOI: 10.1142/S2424862219500064
Matthew Cook, J. Mo
Many large and highly complex engineering projects present enormous technical and financial risks to organizations. This is especially true in the defence industry where budgets can potentially run into billions and the project lifecycle may extend over many years. In frequent cases, such projects are too much for a single organization to undertake. One option that is becoming ubiquitous across contemporary defence projects is to spread the risk by forming an alliance between several organizations. Unfortunately, forming an alliance between potentially competing organizations brings its own set of challenges and risks. The operating conditions of the business environment are characterized by frequent changes in products, services, processes, organizations, markets, supply and distribution networks. The partners need to work together as an entity to achieve a goal but the relationships within the alliance are often disrupted by the established practices, culture and motivation of the individual companies. This paper starts by examining how risks can essentially multiply when an alliance is formed and what potential impacts these risks have on project success. A novel 3PE method for modeling the structure of an alliance with the three elements being product, people, process, and their interactions is proposed within an alliance environment. This methodology is then used to calculate the increase in interactions between the 3Ps with the introduction of more organizations to the alliance. By examining each of the elements and their interactions, risks are identified, and the key drivers are exposed. Finally, a case study is presented that illustrates how the architectural model can be used to estimate the probability of failure of the alliance.
{"title":"Architectural Modeling for Managing Risks in Forming an Alliance","authors":"Matthew Cook, J. Mo","doi":"10.1142/S2424862219500064","DOIUrl":"https://doi.org/10.1142/S2424862219500064","url":null,"abstract":"Many large and highly complex engineering projects present enormous technical and financial risks to organizations. This is especially true in the defence industry where budgets can potentially run into billions and the project lifecycle may extend over many years. In frequent cases, such projects are too much for a single organization to undertake. One option that is becoming ubiquitous across contemporary defence projects is to spread the risk by forming an alliance between several organizations. Unfortunately, forming an alliance between potentially competing organizations brings its own set of challenges and risks. The operating conditions of the business environment are characterized by frequent changes in products, services, processes, organizations, markets, supply and distribution networks. The partners need to work together as an entity to achieve a goal but the relationships within the alliance are often disrupted by the established practices, culture and motivation of the individual companies. This paper starts by examining how risks can essentially multiply when an alliance is formed and what potential impacts these risks have on project success. A novel 3PE method for modeling the structure of an alliance with the three elements being product, people, process, and their interactions is proposed within an alliance environment. This methodology is then used to calculate the increase in interactions between the 3Ps with the introduction of more organizations to the alliance. By examining each of the elements and their interactions, risks are identified, and the key drivers are exposed. Finally, a case study is presented that illustrates how the architectural model can be used to estimate the probability of failure of the alliance.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82242570","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 : 2019-06-26DOI: 10.1142/S2424862219500040
Rongyao Zhang, Kan Wang, Chen Chen
Service supplier selection is a multi-criteria decision-making problem and becomes incredibly profound as it helps to reduce cost to the bottom line. According to the unique characteristics of the service supply chain and service, we summed up the service provider’s evaluation criteria, and then deeply profile the basic principles of the Dempster–Shafer synthesis rule. Finally, there is a case to show that the Dempster–Shafer synthesis rule is efficient as it can guarantee that the multi-criteria evaluation could find accurate and effective service providers on the service supply chain, and it also helps the service business decision-maker.
{"title":"Service Supplier Selection Decision Based on Dempster–Shafer Synthesis Rule","authors":"Rongyao Zhang, Kan Wang, Chen Chen","doi":"10.1142/S2424862219500040","DOIUrl":"https://doi.org/10.1142/S2424862219500040","url":null,"abstract":"Service supplier selection is a multi-criteria decision-making problem and becomes incredibly profound as it helps to reduce cost to the bottom line. According to the unique characteristics of the service supply chain and service, we summed up the service provider’s evaluation criteria, and then deeply profile the basic principles of the Dempster–Shafer synthesis rule. Finally, there is a case to show that the Dempster–Shafer synthesis rule is efficient as it can guarantee that the multi-criteria evaluation could find accurate and effective service providers on the service supply chain, and it also helps the service business decision-maker.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85456874","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 : 2019-06-26DOI: 10.1142/S2424862219500015
Anjee Gorkhali, Li D. Xu
Systems theory is one of the most important and well-used concept to explain the phenomenon in social sciences. Therefore, systems science plays an important role in explaining many of the phenomena in information systems research. Enterprise Systems (ES), Enterprise Information Systems (EIS) and Enterprise Architecture (EA) are three such emerging technologies in which systems’ perspective plays an important role in explaining the growth and development of these technologies. However, there is lack of literature that illustrates the development and the impact of systems science in these three technologies. This research carefully collects and studies 106 existing literature in the field of ES, EA and EIS, and a summary review of all the latest developments in the ways systems theory has been implemented to these three fields as well as different areas of these three technologies. In the conclusion, three future trends are concluded from the review.
{"title":"Enterprise Architecture, Enterprise Information Systems and Enterprise Integration: A Review Based on Systems Theory Perspective","authors":"Anjee Gorkhali, Li D. Xu","doi":"10.1142/S2424862219500015","DOIUrl":"https://doi.org/10.1142/S2424862219500015","url":null,"abstract":"Systems theory is one of the most important and well-used concept to explain the phenomenon in social sciences. Therefore, systems science plays an important role in explaining many of the phenomena in information systems research. Enterprise Systems (ES), Enterprise Information Systems (EIS) and Enterprise Architecture (EA) are three such emerging technologies in which systems’ perspective plays an important role in explaining the growth and development of these technologies. However, there is lack of literature that illustrates the development and the impact of systems science in these three technologies. This research carefully collects and studies 106 existing literature in the field of ES, EA and EIS, and a summary review of all the latest developments in the ways systems theory has been implemented to these three fields as well as different areas of these three technologies. In the conclusion, three future trends are concluded from the review.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72876668","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 : 2019-05-15DOI: 10.1142/S2424862219500039
Haitao Chen, Meifang Yao, Da-Eun Chong
Carrying out green insurance investment is of great significance for improving the green financial service system, expanding the investment space for insurance funds, improving the ability of insurance fund service ecological environment construction, and promoting the transformation of China’s economy towards a green and low-carbon sustainable development. In recent years, China’s green finance has made great progress, but its scale is only a drop in the ocean compared with the huge demand for green investment. In particular, the scale and influence of green insurance investment is small, and the role played by it is not obvious. In terms of the system, top-level design and promotion are not sufficient, and the insurance asset management institutions are less active and innovative. Therefore, it is recommended to start from the institutional innovation of green insurance investment, strengthen policy promotion and build an efficient examination and approval registration and inspection and assessment system. Also, giving full play to the role of industry infrastructure, improving the liquidity of green insurance investment projects, effectively stimulating the internal motivation of insurance institutions will promote the steady development of China’s green insurance investment.
{"title":"Research on Institutional Innovation of China’s Green Insurance Investment","authors":"Haitao Chen, Meifang Yao, Da-Eun Chong","doi":"10.1142/S2424862219500039","DOIUrl":"https://doi.org/10.1142/S2424862219500039","url":null,"abstract":"Carrying out green insurance investment is of great significance for improving the green financial service system, expanding the investment space for insurance funds, improving the ability of insurance fund service ecological environment construction, and promoting the transformation of China’s economy towards a green and low-carbon sustainable development. In recent years, China’s green finance has made great progress, but its scale is only a drop in the ocean compared with the huge demand for green investment. In particular, the scale and influence of green insurance investment is small, and the role played by it is not obvious. In terms of the system, top-level design and promotion are not sufficient, and the insurance asset management institutions are less active and innovative. Therefore, it is recommended to start from the institutional innovation of green insurance investment, strengthen policy promotion and build an efficient examination and approval registration and inspection and assessment system. Also, giving full play to the role of industry infrastructure, improving the liquidity of green insurance investment projects, effectively stimulating the internal motivation of insurance institutions will promote the steady development of China’s green insurance investment.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86906894","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 : 2019-05-15DOI: 10.1142/S2424862218500203
Rongyao Zhang, Kan Wang
An inimitable global supply chain would provide multinational enterprises (MNEs) competitive advantage and transfer pricing strategy to coordinate the relationship between the facilities within the global value chain. In this paper, we present a framework of multi-echelon global supply chain consisting of supplier, manufacturer and a distribution center which enables the MNEs to coordinate the facilities within the value chain based on the maximization total profits theory. An optimal model is established to describe how the transfer price affects the performance of the global supply chain. Through the numerical analysis, we find that the network of global supply chain positively affects the total performance of MNEs and transfer price strategy as a kind of coordinate method which impacts the total profit of the global supply chain.
{"title":"A Multi-Echelon Global Supply Chain Network Design Based on Transfer-Pricing Strategy","authors":"Rongyao Zhang, Kan Wang","doi":"10.1142/S2424862218500203","DOIUrl":"https://doi.org/10.1142/S2424862218500203","url":null,"abstract":"An inimitable global supply chain would provide multinational enterprises (MNEs) competitive advantage and transfer pricing strategy to coordinate the relationship between the facilities within the global value chain. In this paper, we present a framework of multi-echelon global supply chain consisting of supplier, manufacturer and a distribution center which enables the MNEs to coordinate the facilities within the value chain based on the maximization total profits theory. An optimal model is established to describe how the transfer price affects the performance of the global supply chain. Through the numerical analysis, we find that the network of global supply chain positively affects the total performance of MNEs and transfer price strategy as a kind of coordinate method which impacts the total profit of the global supply chain.","PeriodicalId":51835,"journal":{"name":"Journal of Industrial Integration and Management-Innovation and Entrepreneurship","volume":null,"pages":null},"PeriodicalIF":9.0,"publicationDate":"2019-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84439340","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}
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