Purpose – The aim of this paper was to attempt to investigate the transformation of traditional Chinese medicine (TCM) industry in Guangdong Province of China by applying a perspective of sectoral system of innovation (SSI). TCM industry in China has experienced an evolution path from low-tech...

Purpose The paper aims to study how global pharmaceutical companies such as Pfizer have managed the challenges of pharmaceutical patent expiry. Design/methodology/approach A case study method was applied. The best-selling brand drug over the past 10 years – Lipitor – was chosen as the case...

We compare the cost effectiveness of two pronatalist policies: (a) child allowances; and (b) daycare subsidies. We pay special attention to estimating how intended fertility (fertility before children are born) responds to these policies. We use two evaluation tools: (i) a dynamic model on...

Following the introduction of the one-child policy in China, the capital-labor (K/L) ratio of China increased relative to that of India, and, simultaneously, FDI inflows relative to GDP for China versus India declined. These observations are explained in the context of a simple neoclassical OLG...

Purpose: the aim of this paper is to investigate the closed-loop supply chain (CLSC) network equilibrium wiht the consideration of three practical factors: two complementary types of suppliers, risk-averse character of the manufacturer and capacity constraints of the suppliers....

Purpose: The purpose of this paper is to examine whether fiscal decentralization has impacts on city innovation level and to examine the moderating effects of the preference for government innovation in China. Design/methodology/approach: Using a panel data of China’s 278 cities from 2003 to...