In most of the macroeconomic models, the concept of representative agent is adopted. The aggregate economy is a simple combination of a large amount of these identical agents. Individuals are thought to have no power in influencing the performance of aggregate economy, especially the prices in...

By integrating the dynamic capability perspective and service-dominant logic (SDL), this study empirically investigates the distinct roles of internal and external knowledge integration capabilities between value co-creation orientation and radical service innovation. Based on the survey data...

China is leading the recent revival of nuclear energy programs. The Chinese government plans to increase nuclear generating capacity to 40 GWe by 2020, while the installed capacity is 8.6 GWe in 2007. In view of the enthusiasm shown for nuclear electricity throughout the country, the...

China's rapid economic growth has strained its power supply, as manifested for instance by the widespread 2008 power shortage. The cause for this shortage is thought to be the current Chinese energy pricing system, which is mainly government rather than market controlled. Government-regulated...

This paper studies the market conduct of the three busiest routes dominated by the three largest airlines in China. The competition strategies of the three largest Chinese carriers are found to be different from each other. In general, the market behaviour of Air China is consistent with that...

As a key issue in China's economic development, urbanisation creates increasing pressure on energy supply and the natural environment. Thus, a better understanding of the relationship between urbanisation and energy consumption is necessary for Chinese decision makers at various levels to...

Extraction of natural gas from shale rock in the United States (US) is one of the landmark events in the 21st century. The combination of horizontal drilling and hydraulic fracturing can extract huge quantities of natural gas from impermeable shale formations, which were previously thought to be...