Using Valuation-Based Decision Making to Increase the Efficiency of China\u27s Patent Subsidy Strategies

[Excerpt] “The Chinese government has grown concerned that its patent fee subsidy programs have not funded the most deserving patents, and thus they no longer wish to spend public resources to promote low-value patents. Instead, the government would prefer subsidy programs that encourage the most deserving patents. The Patent Strategy reflects this desire, as the fourth strategic focus of the Patent Strategy recognizes the need to “[o]ptimize [China’s] patent subsidy policy and further define the orientation to enhance patent quality.”19 This Article explains how a disciplined and transparent valuation-based decision making process can help the Chinese government design patent fee subsidy programs that allocate funds more consistently to deserving patents. In addition, this Article offers the outline of a practical valuation model the Chinese government could use to filter patent fee subsidy requests.

Appendix I: Drafting legislation for development: lessons from a Chinese project

A discussion on the different theoretical issues regarding development legislation that divide economists and lawyers

The Wealth of Nations and the Advancement of Collective Security

This thesis will address the economic development of countries from the strategic perspective of the United States, and consider how this development will progress overlaid in the context of the Chinese framework for the projection of national power. Using an inter-disciplinary approach, this research will synthesize sources on national security policy and economics, while seeking a Christian apologetic framework to answer these questions: How can the United States promote the economic development of countries in the Asia-Pacific region using a biblical economic-development model, as a part of its national strategy? This thesis focuses on some of the political and socio-economic ideas which catalyze economic development, explaining how these ideas can be strategically promoted by the US government: using the vehicle of civil-society initiatives in economically under-developed strategic-partner countries to foster economic development and securing their autonomy from emerging hegemonic powers

Decomposition of the efficiency of the Chinese state-owned commercial banks at the provincial level

This study adopts a bank production function approach to the measurement of banking efficiency at the provincial level in the Chinese state-owned commercial banking sector from 1998 to 2003. Applying Data Envelopment Analysis and efficiency decomposition analysis, this paper has revealed a significant level of pure technical input inefficiency and, to a lesser extent, scale inefficiency across the provincial branches of all the banking groups. The study has also uncovered the extent of inefficiency in individual banking inputs and provincial branches. Finally, the provincial-level efficiency is further decomposed into within-banking-group and between-banking-group effects

Greening Supply Chains in China: Practical Lessons From China-Based Suppliers in Achieving Environmental Performance

Presents case studies of how five China-based suppliers are meeting international buyers' environmental requirements. Examines management processes; effective low-cost ways to reduce water pollution; and the roles of multistakeholders and third parties

Questioning Guanxi: Definition, classification and implications

Despite the growing interests among both academics and practitioners in the west, the concept of guanxi is not much questioned and there is considerable confusion about its implications for business. This paper explores the nature of guanxi by using a multiple definition approach. It defines guanxi as the process of social interactions and argues that the existence of guanxi base (special relationship) does not produce guanxi. The paper classifies guanxi into three categories: family, helper and business; and critically examines the role of guanxi in business. The paper has drawn up some important conclusions. (1) The potential benefits of guanxi are mainly tactical rather than strategic. (2) Guanxi, as a personal asset, cannot be a source of competitive advantage. (3) The guanxi between a businessperson and a government official is inherently corrupt and ethically questionable. (4) As guanxi has an impact on the wider public, it should be studied in the context of all stakeholders. (5) Guanxi’s role in business will eventually diminish as China moves towards a more open market system

Development of MBA education in China: opportunities and challenges for western universities

China’s embrace of the market economy has created a growing demand for business education, in particular for MBA programs. This paper first reviews development of MBA education in China as a basis for then discussing problems with current Chinese MBA teaching. Next, suggestions of how to solve these problems are presented. Finally, opportunities and challenges for Western universities to participate in China’s MBA education are addressed

Sale of visas: a smuggler's final song?

Is there a way of eliminating human smuggling? We set up a model to simultaneously determine the provision of human smuggling services and the demand from would-be migrants. A visa-selling policy may be successful at eliminating smugglers by eroding their profits but it also increases immigration. In contrast, repression decreases migration but fuels cartelized smugglers. To overcome this trade-off we show that legalisation through selling visas in combination with repression can be used to eliminate human smuggling while controlling migration flows. Simulations of the policy highlight the complementarities between repression and selling visas and call into question current policies