By Yizheng Shi
In chinese language corporations and expertise within the Reform period, Yizheng Shi analyses the technological behaviour of country- owned organizations. specifically he exhibits how they've got imported, utilised and assimilated international know-how into their operations. the writer argues that regardless of being granted extra autonomy and having to stand elevated pageant, chinese language companies are nonetheless now not prompted to assimilate competently imported expertise as a result absence of good- delineated estate rights.
Read or Download Chinese Firms and Technology in the Reform Era (Routledge Studies in the Growth Economies of Asia, 14) PDF
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Extra resources for Chinese Firms and Technology in the Reform Era (Routledge Studies in the Growth Economies of Asia, 14)
However, the focus of investigation is on their major business of tape deck production. Theoretical foundations and research 33 The information collected from the field work The information gathered during the visit to China can be classified into two groups. The first is the background information about government policies and regulations governing technology renovation of existing enterprises with imported technology. The second group of information is the outcome of questionnaire interviews and case study data.
32 Theoretical foundations and research These questions focus on (1) the objectives of the firms in their major technological activities related to the imported technology; (2) the institutional settings including the stages of reform and government policies; and (3) the changing conditions of the tape recorder market in which the firms have operated. The selection of sample firms The criteria for selecting sample firms include that these firms be representative, comparable and manageable. For the purpose of this study, state enterprises in the tape recorder industry (TRI) located in North and East China have been chosen as the potential sample firms.
A principal—agent relationship is established when the principal delegates some of his or her rights to the agent through a formal or informal contractual arrangement to act on behalf of the principal. In a hierarchical structure, an individual is often a principal and an agent at the same time, as when the property rights are delegated downwards on the organizational ladder. Because of the asymmetric distribution of information and the opportunistic behaviour of individuals, a contract between the principal and the agent in the real world is far less than perfect and agents have a strong tendency to deviate from the principal’s interests at various junctures.