Abstract

Purpose This paper aims to propose practical recommendations in accordance with the strategic roles played by research and development (R&D) in multinational companies (MNCs). Design/methodology/approach This study applies a qualitative method to investigate the talent management (TM) practices implemented in MNCs’ R&D units. Findings The findings identify four R&D strategies and four sectors of TM practices. Furthermore, there exists an alignment between R&D strategies and TM practices. Research limitations/implications This paper has several limitations. This qualitative research is exploratory, and larger samples or quantitative methods are needed to ensure the wider applicability of the findings. When possible, longitudinal studies yield superior results in revealing the evolving strategic roles of R&D subsidiaries and their TM practices. The authors used China as the research context, and similar studies in other emerging countries with active R&D activities are required to further validate or complement the findings in this study. Practical implications This study has some practical implications for companies with regard to aligning their TM practices with R&D strategies. Originality/value R&D units play an increasingly significant role in MNCs and TM is a key issue. However, there is a lack of TM research focusing on R&D employees by taking strategies into account.

Keyword

Talent management ;  R&D strategies ;  qualitative research ;  China

Abstract

对于企业家而言,发展企业盈利赚钱是最根本的诉求,但企业生存和财富留存是两个不同概念。企业如果不研发了,或者研发走到了尽头,但是已经赚了很多财富,那是财富留存o企业未必需要永久生存下去,建议在涉足一个行业时就应该保护生存的根。

Keyword

企业家 ;  创新 ;  企业盈利 ;  企业生存 ;  财富 ;  永久

Abstract

Stable and enduring cooperative relationships among people are primarily based on mutual trust. However, little evidence exists about the effects of mutual trust between supervisor and subordinate on work outcomes. To understand better the dynamics of trust in supervisor–subordinate relationships, we examined how mutual trust between supervisor and subordinate is associated with work outcomes. Based on a sample of 247 subordinate–supervisor pairs, multilevel analyses revealed a positive effect of perceived mutual trust on task performance and interpersonal facilitation after controlling for trust in leader and felt trust. In addition, task performance and interpersonal facilitation increased as trust in leader and felt trust or trust in subordinate both increased.

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Felt trust ;  Interpersonal facilitation ;  Mutual trust ;  Task performance ;  Trust in leader

Abstract

世界银行发布的全球人均国民总收入排名榜，素有“天下第一排名榜”之称。本刊于2011年开始发布王建铆教授的中欧全球经济发展排名榜，旨在弥补前者的不足，以便更好地认清国情，呼唤改革，推动研究。王教授2012年退职以后一直从事个人智库工作,而本刊一年一度的排名榜文章也是其年度报告。今年文章的宗旨是认清机遇和挑战并存的国情与世情，呼唤新的思想解放，推动新经济的理论创新。

Keyword

全球经济发展 ;  排名榜 ;  中欧 ;  脱险 ;  国民总收入 ;  机遇和挑战 ;  世界银行 ;  年度报告

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从去年的万宝之争到今年的乐视、Uber创始人遭到投资人的驱逐而黯然离任,创始人在公司中应该扮演怎样的角色?辛辛苦苦打下了江山,如何才能在与投资人的"周旋"中,坐稳江山?最近中国和美国的两家高科技企业的创始人突然卸任CEO的新闻让媒体和资本市场一片哗然。乐视网创始人兼CEO贾跃亭宣布辞任乐视网CEO并远赴美国"闭门造车"。

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Corporate executives managing some of the largest public companies in the U.S. are shaped by their daughters. When a firm’s chief executive officer (CEO) has a daughter, the corporate social responsibility rating (CSR) is about 9.1% higher, compared to a median firm. The results are robust to confronting several sources of endogeneity, e.g., examining first-born CEO daughters and CEO changes. The relation is strongest for diversity, but significant also for broader pro-social practices related to the environment and employee relations. Our study contributes to research on female socialization, heterogeneity in CSR policies, and plausibly exogenous determinants of CEOs’ styles.

Keyword

CEOs ;  Corporate social responsibility ;  Family environment ;  Female socialization

Abstract

Speakers of strong future time reference (FTR) languages (e.g., English) are required to grammatically distinguish between future and present events, while speakers of weak-FTR languages (e.g., Chinese) are not. We hypothesize that speaking about the future in the present tense may result in the belief that adverse credit events are more imminent. Consistent with such a linguistic hypothesis, weak-FTR language firms are found to have higher precautionary cash holdings. We report additional supportive results from changes in the relative importance of different languages in a country's business domain, evidence from within one country with several distinct languages, and results related to changes following a severe financial crisis. Our evidence introduces a new explanation for heterogeneity in corporate savings behavior, provides insights about belief formation in firms, and adds to research on the effects of languages on economic outcomes.

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Corporate savings behavior ;  Linguistic hypothesis

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世界银行发布的全球人均国民总收入排名榜，素有“天下第一排名榜”之称。本刊于2011年开始发布中欧全球经济发展排名榜，旨在弥补前者的不足之处，以便更好地认清国情，呼唤改革，推动研究。十九大报告36次提到“新时代”。今年的排名榜文章就是要认清新时代的国情，呼唤大同社会主义的改革，推动新经济的研究。

Keyword

全球经济发展 ;  社会主义 ;  排名榜 ;  中欧 ;  大同 ;  中国 ;  国民总收入 ;  世界银行

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