Mutual funds have emerged and rapidly developed since 2000 in China. This study tests empirically the impact of mutual funds' ownership on firm performance in China, using a large sample for the period of 2001-2005. We find that equity ownership by mutual funds has a positive effect on firm...

We examine how standardization in the information and communication technologies affects the inventive activities of firms that do not contribute standards but potentially produce to the standards. In the context of the Internet Engineering Task Force, we find that as a technological area...

We examine whether the introduction of a patent commons, a special type of royalty free patent pool available to the open source software (OSS) community influences new OSS product entry by start-up software firms. In particular, we analyze the impact of The Commons--established by the Open...

China's straw power industry has developed rapidly in recent years. However, SPPs (straw power plants) were always under financial deficit, which mainly arose from high operating costs and undersupply of feedstock. In order to break through feedstock dilemma, we apply game theory to model...

Using a sample of 1674 international students in China, the present study explores sociocultural adaptation and its determinants. The results indicate that sociocultural adaptation among international students in China is largely shaped by the nature of the interaction with host nationals. In...