Search Results (34)

This study investigates whether government subsidies promote R&D cost stickiness in the new energy vehicle (NEV) industry in China—that is, whether public funding encourages firms to retain R&D resources even during periods of declining sales. While prior literature primarily explores the relationship between subsidies and R&D investment levels, it often overlooks firms’ financial position and dynamic cost behaviors. Given that R&D investment has high adjustment costs and is sensitive to cash flows, reductions in R&D spending during downturns may reflect managerial cost asymmetry rather than a crowding-out effect of subsidies. Moreover, government subsidies may serve as a signal of long-term market optimism, motivating managers to retain R&D resources during economic downturns. Using a panel dataset of 573 listed new energy vehicle (NEV) firms in China’s A-share market from 2007 to 2021, we construct a model based on the asymmetric cost behavior framework to empirically assess the impact of government subsidies on R&D cost stickiness. The results show that government subsidies significantly increase the degree of R&D cost stickiness. Serving as a signal of future market optimism, subsidies raise managerial expectations and incentivize decisions to retain R&D-related costs during economic downturns. This positive relationship is more pronounced in firms with high levels of green innovation, large-scale enterprises, and non-state-owned firms. These findings suggest that public funding alleviates managerial pressure to cut R&D expenses amid revenue declines, thereby supporting firms’ long-term innovation strategies. Our study contributes to the cost management literature by highlighting a novel channel through which subsidies influence managerial discretion under uncertainty. It also provides policy implications for the future phase-out of subsidies, emphasizing the need for complementary market mechanisms to sustain innovation investment, particularly for small, young, and financially constrained firms. Full article

The literature regarding innovation drivers is usually based on variables taken from some theoretical approach and validated within a methodology. Some authors have included COVID-19 as a driver for innovations. In this paper, we address the pandemic from a different viewpoint: trying to find if innovation drivers for European countries are the same in pre- and post-pandemic years. The automated general-to-specific model selection algorithm—Autometrics—is used. The main potentially relevant drivers for which data were available for both years and two proxies of innovation (patents and the Summary Innovation Index) were considered. The final models provided by Autometrics allow for valid inference on retained innovation drivers since they have passed a plethora of diagnostic tests, ensuring congruency. The attractiveness of the research system is the most impactful driver on the index in both years but other drivers indeed differ. SMEs’ business process innovation and their cooperation networks matter only in 2022. We found crowding-out effects of public funding of R&D (in both years, for the index). Sustainability was a driver in both periods. The ranking of common drivers also changes. Non-R&D innovation expenditures, the second most relevant before COVID-19, concedes to digitalization. Surprisingly, when patents are the proxy, digitalization is retained before COVID-19, with the attractiveness of the research system replacing it afterwards. Explanations for our findings are suggested. The main implications of our findings for innovation policy seem to be the facilitating role that the government should have in fostering linkages between stakeholders and the capacity the government might have to improve the attractiveness of the research system. Policies based on the public funding of R&D appear ineffective for European countries. Full article

Under the background of green development and brand building, this article aims to explore the relationship between environmental regulation on corporate brand value and the mediating effect of green innovation, which can help enterprises build a synergistic mechanism between brand building and green development, and step into a benign track of high-quality development. Based on institutional theory and resource-based theory, this paper takes the 106 listed companies on the 2018–2022 consecutive list of China’s 500 Most Valuable Brands as a sample and constructs a two-way fixed-effects model to test the impact of heterogeneous environmental regulations on green innovation and corporate brand value. The empirical results showed that: (1) Command-based environmental regulation exhibits an inverted U-shaped relationship with brand value, as it compels enterprises to adopt environmental governance in the short term but gradually erodes productive resources and triggers negative environmental and reputational effects over the long term; market-based environmental regulation demonstrates a U-shaped relationship with brand value: while it crowds out production funds and shifts costs to consumers in the short term, the government’s “resource compensation” effects ultimately outweigh “compliance cost” pressures in the long run; (2) green innovation plays a partial mediating role in the impact of command-based environmental regulation on corporate brand value; (3) the impact of environmental regulations on corporate brand value is heterogeneous in terms of the nature of corporate ownership, life cycle, and location. The above findings provide a useful reference for the government to use environmental regulation tools flexibly, optimally adjust the environmental regulatory mechanism, and promote corporate brand building and green development. Full article

This short concluding chapter reflects on the work of an ongoing collaborative academic project focused on the C18th home tour. Curious Travellers could be described as a ‘crucible’ project—a space in which different media, different perspectives, and different research skills combine and collide. Currently funded by the AHRC, it is a digital humanities project involving TEI tagging and crowd-sourcing, but its foundation is archival research into manuscripts. It is focused through the influential Tours of Wales and Scotland published by the naturalist and antiquarian Thomas Pennant, yet it seeks to unpick the multiple voices and collaborations behind his texts and to explore their legacy in the journeys and texts of others. The creation of new editions continues to generate new topics and research questions, including Anglophone/Celtic-language interactions; the writings of women tourists; the role of material objects (specimens and souvenirs) and of visual culture in knowledge exchange and production. Increasingly, project researchers are relating their work to broader global contexts of colonialism and environmental history. The diversity of the genre has proved hugely stimulating for a range of audiences beyond academia: community engagement and creative practices have been a key feature from the start. There are, of course, challenges—practical, methodological, financial. This reflective piece will acknowledge the constraints, as well as the possibilities, of being multi-stranded, cross-disciplinary—and intermittently funded. Full article

The open-source paradigm is well known for its unique potential to crowd-source innovation with spectacular examples of success, such as Linux. The knowledge base of methods to build more successful open-source communities has been growing with concepts such as independent governance, community building, and funding mechanisms. In mobility, an open-source autonomy stack called Autoware was the basis of a significant public transportation research project called ISEAUTO, and a companion project, PolyVerif, focused on building validation and verification technologies. This paper outlines the real-life experiences of two teams using the Autoware framework, providing lessons and recommendations for improving open-source development. Full article

The landscape of fundraising has undergone a transformative shift with the rise in donation-based crowdfunding platforms. This study investigates the multifaceted factors shaping individuals’ attitudes toward these platforms, with a focus on key antecedents. Examining their impact on donation intentions and electronic word-of-mouth intentions, this research draws from a sample of 326 college students. Our results affirm the critical roles of perceived usefulness, ease of use, credibility, and self-efficacy in influencing attitudes. Additionally, attitudes significantly contribute to both donation and electronic word-of-mouth intentions. Structural model modifications underscore the interdependence of these factors, enhancing the model fit. Our findings offer practical insights for platform administrators, campaign creators, and stakeholders engaged in online philanthropy, highlighting the importance of user-friendly designs, trust-building, and user confidence for successful crowdfunding campaigns. Full article

This study examined whether fixed or flexible funding mechanisms influence crowdfunding success. Under the fixed funding mechanism, the pledges contributed to the crowdfunding campaign projects are returned to the backers if the project fails, whereas, under the flexible funding mechanism, the project creator can keep all the raised pledges, irrespective of whether the project succeeds or fails. Secondary data consisted of reward-based crowdfunding projects retrieved from The Crowd Data Centre. Logistic regression was employed to respond to research objectives. The results reveal that the fixed funding mechanism increases the probability of success more than flexible funding. Entrepreneur experience, spelling errors, and project description negatively affect crowdfunding success, and backers positively affect crowdfunding success. The findings guide entrepreneurs seeking financing to design and choose an appropriate funding mechanism that effectively reduces the failure rate. Although many entrepreneurs seek funding in the crowdfunding market, relatively little research has been conducted on the influence of flexible or fixed funding mechanisms on crowdfunding success in Africa. This study provides entrepreneurs with appropriate financing strategies that enhance crowdfunding success. The empirical literature indicates that the flexible funding mechanism creates distrust among backers due to unrealistic target amounts. Full article

Currently, China’s expressway revenue and expenditure imbalance problem is serious. The development of an “Expressway Derivative Economy” (EDE) helps address expressway deficits, ensuring the expressway’s sustainable operation. The “Expressway + Logistics Distribution” (ELD) mode is a crucial form of the EDE and enhances expressway traffic flow and asset income. However, the cooperation mechanism among stakeholders remains unclear, hindering the widespread promotion of this mode. This study designs two ELD modes and elaborates on their respective advantages. Therefore, a three-party evolutionary game model involving the government, expressway groups, and logistics enterprises is established. Government “land-use-right” grant and tax incentive policies are formulated to explore the cooperation mechanism among stakeholders. The results indicate that both government “land-use-right” grant and tax incentive policies positively influence the positive evolution of the system. However, when the government “land-use-right” grants reach a high level, the willingness of logistics enterprises to choose entry will decrease due to resource crowding. Comparatively, a higher-level “land-use-right” grant policy significantly enhances the role of government tax incentive policy in promoting the positive development of the system. During tight government funding, it is a feasible policy to prioritize expressway groups by providing more tax incentives. The findings provide theoretical guidance for promoting the ELD mode. Full article

This article discusses issues related to sustainable heritage management in China and problematises two dichotomies in heritage practices and research: the ‘Eastern/Western’ approaches and the tangible–intangible divide. It addresses these issues by examining the dramatic ‘make-over’ project of Guangrenwang Temple in Shanxi Province, China. The ‘make-over’ project transformed a small rural temple with a ninth-century timber structure into an architectural history museum, with a combination of private, public, and crowd-sourced funding. A real-estate corporation played a significant role in the project’s initiative and organised a large-scale national and international publicity campaign around the project. Previously unknown to most laypeople in China, the temple attracted much debate since the project’s completion, revolving around its ‘cultural legitimacy’, the design’s appropriateness, the sustainability of the revitalisation, and the implications of the project to its ‘heritage value’ and authenticity. This article traces the opinions, actions, and effects of the temple’s heritage assemblage and reveals the causal powers contributing to the emergence and transformation of associations within. It further questions the project team’s claims regarding the project’s effects on the historic setting’s authenticity and its long-term social impact on the relationship between the temple and its community. It reveals five controversies regarding the choice of its curation theme, architectural language, decision-making, and management models. The complexities manifested in the actors’ actions and effects demonstrate the ambiguous boundaries between the tangible and the intangible, and the perceived ‘Western’ and ‘Eastern’ approaches. Full article

DEXTER (detection of explosives and firearms to counter terrorism) is a project funded by NATO’s Science for Peace and Security (SPS) program with the goal of developing an integrated system capable of remotely and accurately detecting explosives and firearms in public places without impeding the flow of pedestrians. While body scanner systems in secure areas of public places are becoming more and more efficient, the attack at Brussels airport on 22 March 2016, upstream of these systems, in the middle of the crowd of passengers, demonstrated the lack of discreet and real-time security against threats of mass terrorism. The NATO-SPS international and multi-year DEXTER project aims to provide new technical and strategic solutions to fill this gap. This project is based on multi-sensor coordination and fusion, from hyperspectral remote laser to smart glasses, artificial algorithms, and suspect identification and tracking. One of these sensors is dedicated to threat detection (large weapon or explosive belt) using the clothing of pedestrians by means of an active microwave component. This project is referred to as MIC (Microwave Imaging Curtain), also supported by the French SGDSN (General Secretariat of Defense and National Security), and utilizes a radar system capable of generating 3D images in real-time to address non-checkpoint detection of explosives and firearms. The project, led by ONERA (France), is based on a radar imaging system developed by the Fraunhofer FHR institute, using a MIMO architecture with an Ultra-Wide Band waveform. Although high-resolution 3D microwave imaging is already being used in expensive body scanners to detect firearms concealed under clothing, MIC’s innovative approach lies in utilizing a high-resolution 3D imaging device that can detect larger dangerous objects carried by moving individuals at a longer range, in addition to providing discrete detection in pedestrian flow. Automatic detection and classification of these dangerous objects is carried out on 3D radar images using a deep-learning network. This paper will outline the project’s objectives and constraints, as well as the design, architecture, and performance of the final system. Additionally, it will present real-time imaging results obtained during a live demonstration in a relevant environment. Full article

We examined the association between variation in COVID-19 deaths and spatial differences in the racial, ethnic, and nativity-status composition of New York City neighborhoods, which has received little scholarly attention. Using COVID-19 mortality data (through 31 May 2021) and socioeconomic and demographic data from the American Community Survey at the Zip Code Tabulation Area level as well as United-Hospital-Fund-level neighborhood data from the Community Health Survey of the New York City Department of Health and Mental Hygiene, we employed multivariable Poisson generalized estimating equation models and assessed the association between COVID-19 mortality, racial/ethnic/nativity-status composition, and other ecological factors. Our results showed an association between neighborhood-level racial and ethnic composition and COVID-19 mortality rates that is contingent upon the neighborhood-level nativity-status composition. After multivariable adjustment, ZCTAs with large shares of native-born Blacks and foreign-born Hispanics and Asians were more likely to have higher COVID-19 mortality rates than areas with large shares of native-born Whites. Areas with more older adults and essential workers, higher levels of household crowding, and population with diabetes were also at high risk. Small-area analyses of COVID-19 mortality can inform health policy responses to neighborhood inequalities on the basis of race, ethnicity, and immigration status. Full article

Tick-borne zoonoses pose a serious burden to global public health. To understand the distribution and determinants of these diseases, the many entangled environment–vector–host interactions which influence risk must be considered. Previous studies have evaluated how passive tick testing surveillance measures connect with the incidence of human Lyme disease. The present study sought to extend this to babesiosis and anaplasmosis, two rare tick-borne diseases. Human cases reported to the Massachusetts Department of Health and submissions to TickReport tick testing services between 2015 and 2021 were retrospectively analyzed. Moderate-to-strong town-level correlations using Spearman’s Rho (ρ) were established between Ixodes scapularis submissions (total, infected, adult, and nymphal) and human disease. Aggregated ρ values ranged from 0.708 to 0.830 for anaplasmosis and 0.552 to 0.684 for babesiosis. Point observations maintained similar patterns but were slightly weaker, with mild year-to-year variation. The seasonality of tick submissions and demographics of bite victims also correlated well with reported disease. Future studies should assess how this information may best complement human disease reporting and entomological surveys as proxies for Lyme disease incidence in intervention studies, and how it may be used to better understand the dynamics of human–tick encounters. Full article

Preventing terrorist attacks at soft targets has become a priority for our society. The realization of sensor systems for automatic threat detection in crowded spaces, such as airports and metro stations, is challenged by the limited sensing coverage capability of the devices in place due to the variety of dangerous materials, to the scanning rate of the devices, and to the detection area covered. In this context, effectiveness of the physical configuration of the system based on the detectors used, the coordination of the sensor data collection, and the real time data analysis for threat identification and localization to enable timely reactions by the security guards are essential requirements for such integrated sensor-based applications. This paper describes a modular distributed architecture of a command-and-control software, which is independent from the specific detectors and where sensor data fusion is supported by two intelligent video systems. Furthermore, the system installation can be replicated at different locations of a public space. Person tracking and later re-identification in a separate area, and tracking hand-over between different video components, provide the command-and-control with localization information of threats to timely activate alarm management and support the activity of subsequent detectors. The architecture has been implemented for the NATO-funded DEXTER program and has been successfully tested in a big city trial at a metro station in Rome both when integrated with two real detectors of weapons and explosives and as a stand-alone system. The discussion focuses on the software functions of the command-and-control and on the flexibility and re-use of the system in wider settings. Full article

The understanding of the impact of different government support methods on R&D efficiency is of great significance for evaluating the performance of innovation policies in various countries. We selected 31 manufacturing industries in China from 2009 to 2015, used the stochastic frontier analysis (SFA) method to measure R&D efficiency, and used tobit regression method to examine the relationship between direct government subsidies and preferential tax policies and manufacturing R&D efficiency. The results reveal that the overall R&D efficiency of China’s manufacturing industry was low, but it has been steadily increasing, and the R&D efficiency of emerging industries was significantly higher than that of traditional industries. Tax incentives played a stable and significant role in promoting R&D efficiency in manufacturing. Affected by factors such as the government’s long-term preference and information asymmetry, direct subsidies had no significant impact on the current R&D efficiency of the manufacturing industry, and began to play a positive role after a two-year lag. Based on the above research findings, this paper suggests that progressive preferential tax rates can be designed according to the “base + increment” approach for tax preferential policies. At the same time, different proportions of tax cuts should be set for enterprises of different sizes and levels of innovation, and the focus should be on small and medium-sized enterprises and emerging industries. In terms of direct funding subsidies, the government should not only increase the support for basic research, but also give more preference to enterprises that receive tax incentives for research and development, so as to enhance the complementary effect of the two types of subsidy policies. The marginal contribution of this paper mainly includes three aspects: First, based on the Chinese situation, the impact of direct government subsidies and tax incentives on the R&D efficiency of the manufacturing industry is tested. Second, we present the evidence that direct government funding subsidies “crowd out” enterprise R&D funds. Thirdly, we describe the influence of enterprise scale, innovation level, ownership, and management ability on R&D efficiency of the manufacturing industry, and put forward the possible influence mechanism. Full article

Access to finance by small-to-medium-enterprises (SMEs) remains an enigma that still warrants further research. The COVID-19 pandemic has exacerbated the funding gap and necessitated the need for entrepreneurs to seek alternative financing due to tight credit rationing by the traditional finance institutions. There is a marked increase in demand for alternative online finance known as crowdfunding amid social distancing and lockdowns occasioned by the COVID-19 pandemic. The main objective of this study was to examine the trends in the financing of African SMEs during the COVID-19 pandemic with a particular focus on crowdfunding. The postpositivist research philosophy and deductive strategy was adopted in this study with the view to test an existing theory and hypothesis. Secondary data sourced from TheCrowdDataCentre were utilised for the study. Eight hundred and fifty-nine African crowdfunding campaigns were employed as the unit of analysis. The study employed econometric techniques to test the research objectives of this study. The probit model was employed in the analysis. The results of the study revealed that backers, the COVID-19 and social network variables were positively and significantly related to campaign success. On the other hand, duration was found to be negatively and significantly related to crowdfunding success. The study contributes to the growing literature on the impact of COVID-19 on crowdfunding performance, as well as the literature on alternative sources of finance. Full article