Rapid changing environment intensifies the risk of technological innovation in technology-based enterprises. Enterprises need to build a brand new risk control model of technological innovation, which combines “flexibility” to rapid changing environment and “rigidity” of management and control. In this paper, incomplete contract theory is embedded into traditional risk control theory. Through the situational research on the unique risk control model of Sinodata, detailed process of building a “rigid” and “flexible” risk control model is unlocked. Specifically, enterprises should first sink the risk control unit to form a “virtual small and micro enterprise”, so as to speed up the response to environmental changes, obtain the “flexibility” of risk control, and maintain the necessary financial “rigidity” through performance certification. After that, enterprise should reengineer the risk control structure into “multi-level alliance”: On the one hand, it increases structural “flexibility” through dynamic adjustment; on the other hand, it embeds new rules to stabilize the internal relationship, which not only ensures the “rigidity” of management and control, but also achieves the fault-tolerant “flexibility” for innovation failure. Finally, this paper constructs a new technology innovation risk control model, namely “virtual small and micro enterprises + multi-level alliance” model. This paper not only extends risk control theory based on essential characteristics of technological innovation, but also contributes to the incomplete contract theory.

Against the backdrop of China's vigorous development of the real economy, the growth of industrial parks has also garnered significant attention. Industrial park asset securitization products experienced explosive growth in 2018, but they are still in an exploratory stage and face a large default risk, which needs to be continuously improved. This paper selects the first defaulted industrial park asset securitization product in China, the Peking University Science Park Commercial Real Estate Mortgage-Backed Loan Support Notes as the research object. Based on the original shallow risk identification and risk mitigation design in Peking University Science Park's asset securitization products. Firstly, this paper conducts in-depth risk identification. It employs quantitative analysis using the KMV model to assess risks. Secondly, put forward a complete risk coping method. Finally, the risk adjustment method is used to evaluate and adjust the existing risks, evaluate and identify the unknown risks, and then build a complete risk management closed-loop mechanism. It is expected to provide useful reference for other enterprises to avoid financing risks, so as to better allow financial services to serve the real economy and promote the steady and long-term development of the real economy.

As an emerging technology in the digital era, blockchain has the characteristics of open sharing, decentralisation, establishing trust relationship, tampering, traceability, leaving traces throughout and transparency. Blockchain technology brings new opportunities to enterprise supply chain management, however, how to apply blockchain technology in the enterprise supply chain management about its path and effects have not reached a clear conclusion. This paper takes Mengniu Dairy as the research object, analyzes the practical application motivation, measures, effect and path of blockchain technology in the management of enterprise supply chain. The study found that the four technologies of blockchain jointly ensure the safe and effective operation of enterprise supply chain, but its application in enterprise supply chain management has different paths and effects. Specifically: (1) in the supply chain, distributed ledger achieves cross-platform information sharing and smooth information channels. Consensus mechanism promotes enterprises to reach consensus agreement and improve cooperation performance. Smart contract enables automatic business execution to avoid human intervention. Cryptography can make the information of the supply chain accurate and improve data transparency. (2) in the production process, the use of distributed ledger and cryptography can realize real-time monitoring of production, accurate chain of processing indicators, effectively improve the production process, reduce supervision costs, ensure product quality. (3) in the sales process, real-time feedback from customer terminals under the distributed ledger increases customer stickiness, and the consensus mechanism enables transactions to be verified across the network, avoiding double-flower transactions, smart contract realizes intelligent transaction of orders, speeds up the transaction speed, and uses cryptography to accurately upload the sales path to the chain, realize the transaction traceability, and safeguard the transaction security. On this basis, the application path and effect model of blockchain technology in enterprise supply chain management is finally been constructed. The conclusion of the research not only expands the scope of the boundary between the theory of blockchain technology and the theory of enterprise supply chain, but also provides theoretical guidance for the application of the four blockchain technologies in enterprise supply chain management.

The control rights is the core factor for the corporate governance mechanism and ensuring the maximization of the interests of the stakeholders of all parties. Therefore, the control rights fighting has become the theme of the game between the stakeholders of all parties.In the process of control rights fighting, the social capital operation of the company's major shareholders and the company's founding team plays an important role that cannot be ignored.This case research is based on the perspective of the motivation for control rights and the influence of social capital, taking the control rights contention of Homa Appliances as a research case, based on social capital theory, corporate governance theory, and principal-agent theory.Explore the reason why Homa Appliances is controlled. It analyzes the process of control rights fighting of Homa Appliances and the development trend of the company's value. Focusing on the analysis of the impact of social capital in the process of control rights fighting of Homa Appliances, the research points out that social capital has many benefits for enterprise development, such as promoting benefit sharing, reducing transaction costs and centralizing control rights, This research puts forward feasible suggestions and enlightenments about how the corporate value develops better in the process of control rights fighting

Digital transformation of manufacturing enterprises is an important way to achieve manufacturing upgrding. Most prior research focused on the impact of objective factors on the transformation path and mechanism, However, limited research has explored the role of cognitive decision making mechanism on digital transformation process. Taken Hwaway Technology as the research object, we conducted single case study. From the subjective perspective, this study developed a framework of the decision making process of digital transformation, and investigated the mechanism of managers’attention temporal focus affect the decision-making process for digital transformation, It is helpful to deepen the understanding of the characteristics of the digital transformation mechanism of manufacturing industry, and expand the relevant research on the impact of management team's attention temporal focus on the digital transformation path through the established theoretical framework.

The corporate social responsibility of platform-based enterprises is crucial to promoting social and economic development. However, it shows a new model which is difficult to explain by the traditional perspectives and theories of company social responsibility. Using the multi-case study method, this paper finds five characteristics of platform-based enterprises in fulfilling their social responsibilities through coding and analyzing the social responsibility practice activities of China's top 100 internet enterprises in 2019: (1) the CSR content boundary is blurred, and the percentage of innovative CSR based on economic responsibility is high; (2) the CSR subjects are diverse, relying on responsibility-oriented platform leadership to perform differentiated management of different responsible subjects; (3) the scope of CSR object is broaden and balance the interests of different responsible objects; (4) the CSR paradigm is established in enterprise itself and the overall social resources, with more diverse and innovative modes; (5) the CSR strategic framework is prominent and the content system is complete.

Facing the impact of young brands, transformation and change have gradually become an important means for time-honored brands to get rid of the “life and death line”, and inheritance and innovation have gradually become the key points for the development of time-honored brands. Based on the development history of Tongshenghe from 1978 to 2022, this paper adopts the exploratory single case study method, discusses how the time-honored brand has completed its transformation by means of organizational attention and resource orchestration, and puts forward the process model of the time-honored brand's strategic transformation. It is found that the time-honored brand will go through the evolutionary stage of “transformation preparation — transformation implementation — transformation integration” in the process of strategic transformation, which is embodied in the following aspects: (1) based on the coordination of situational awareness of organizational attention, effective allocation of attention and choice of organizational attention, it completes the strategic transformation preparation and identifies the key factors that affect the transformation; (2) complete the implementation of strategic transformation through resource structuring, resource binding and resource utilization, and implement the results of organizational attention selection; (3) complete strategic transformation and integration through the adjustment of business model or business field, and present strategic decisions.

Digitalization is the key of industrial upgrading. Agricultural enterprises should optimize the traditional agricultural industry with the help of digitalization, so as to complete the upgrading and reconstruction of digital agricultural value chain. Based on the theory of digital innovation capability and agricultural value chain transformation, this study selected two agriculture-related enterprises, Adopt A Cow Co., Ltd and Fengnong Holding Co., Ltd, as the research objects. By constructing a comprehensive analysis framework integrating digital innovation capability and agricultural value chain transformation, this study deeply revealed the mechanism of enterprise digital innovation capability driving agricultural value chain transformation. The research shows that digital innovation capability, as the “second-order” capability of enterprises, would adapt to different objectives. Moreover, the micro mechanism in the form of activity value-added, structure reorganization and logic remodeling could promote the progressive and breakthrough dialectical unity of the transformation trend of agricultural value chain. This study not only provides a new explanatory framework and ideas for digital innovation capability and value chain transformation, but also provides an effective path and theoretical guidance for enterprises to promote agricultural value chain transformation.

The development of modern digital technology has brought new opportunities to brand alliances. This paper based on the power theory, combined with the interactive perspective of enterprise resources and resource integration, conducts a longitudinal case study on JD, adopts the qualitative research method, and builds a new theory through the rooted analysis of data. The research confirms that there are various types of brand alliances and they have sequential characteristics, so different brand alliances need to be analyzed separately. The results show that: (1) according to the type and order of brand alliance, brand alliance can be divided into four categories: complementary brand alliance, leveraged brand alliance, integrated brand alliance and mutual benefit brand alliance. (2) all types of brand alliances will continue to interact and form new resource pools for enterprises to re-allocate resources. Through different brand alliance models and the development sequence of brand alliance, the function mechanism of brand alliance in enterprises is constructed, which provides a certain theoretical reference for Internet enterprises and digital transformation enterprises.

The Value Co-creation Mechanism of Multi-stakeholders in Smart Product Service System: Exploratory Case Study Based on Lepu MedicalIn the increasing trend of China's aging population and industrial digital servitization,medical equipment manufacturing enterprises provide smart medical devices to patients, can help alleviate doctor patient tension and achieve value co-creation with the participation of multi-stakeholders, To reveal the value co-creation mechanism of multi-stakeholders in smart product service system, this article takes Lepu Medical as the case study object, using the service ecosystem theory, value create theory and social interaction theory, extract the value co creation model and internal logic of intelligent medical devices applied to multiple stakeholders. The study has found that the smart medical devices are the carrier of the realization of multi-stakeholders value co-creation, the data extracted by the smart medical devices is the object of the realization of multi-stakeholders value co-creation, the multilateral sym biosis model is the guarantee of the realization of multi-stakeholders value co-creation.

Original innovation serves as the motivity for technological advancement and business transformation, and plays a crucial role in driving sustainable development of enterprises. Based on the premise of strategic goal orientation, this study based on two enterprise samples of Huawei and iFlytek, examine their respective approaches to original innovation and uncovers the internal mechanisms that drive innovative practices within these organizations. It is found that enterprise-led original innovation falls within the Pasteur Quadrant innovation behavior, which is mainly divided into strategic long-term goal-oriented innovation and cutting-edge innovation oriented to knowledge application. These two models differ greatly in terms of support methods,behavior orientation, development goals and organizational modes, The original innovation ability of enterprises is essentially reflected as the endogenous evolution of “knowledge focusing ability-knowledge integration ability knowledge re-creation ability”, and continues to advance along the path of “joint intelligence introduction -independent research and development>open cooperation", The findings of this research may provide theoretical support and decision-making guidance for enterprises to pursue original innovation.

Research on the relationship between entrepreneurship and well-being is mainly based on a static perspective, where the well-being of entrepreneurs at a certain point in time is used to represent their well-being throughout the entire entrepreneurial process. This has resulted in an insufficient exploration of the dynamic aspects of an entrepreneur's well-being, which is a significant reason for the lack of consensus on the relationship between entrepreneurship and well-being. In order to better explore this relationship, this study is based on the self-organization theory and utilizes an exploratory longitudinal single-case analysis approach to explore the changes of entrepreneurs' well-being during the entrepreneurial process. Based on self-organization theory, this research addresses the core question of “how does entrepreneurs' psychological well-being change in the different stages of entrepreneurship”. This research not only delves into the dynamic mechanisms of entrepreneur's psychological well-being in various entrepreneurial stages but also uncovers the self-organizing process of entrepreneurship. The research findings indicate that entrepreneurs engage in different entrepreneurial activities based on their goals in the different stages of entrepreneurship, which leads to changes in their experience of psychological well-being. Furthermore, this research suggests that an entrepreneur's psychological well-being serves as an important feedback signal for their persistence in entrepreneurship. The conclusions of this research inspire entrepreneurs to clearly identify the stages they are in during their entrepreneurial journey, engage in relevant entrepreneurial activities based on the goals specific to the stages, and thus achieve well-being through entrepreneurship.

Under the orientation of network ecology and financial technology, credit chain reconstruction is considered as the key to supply chain financial innovation, However, there is alack of theoretical discussion on how to achieve supply chain financial innovation through credit chain reconstruction, Taking Sunlon Supply Chain Service (Dalian)Co., ltd. as the case study object, this paper reveals the antecedents, process and results of supply chain financial innovation of cross-border fresh food based on credit chain reconstruction, It's found that the problems with the cross-border fresh food supply chain financial agency procurement mode mainly include limited scale of financing, high financing costs, the risk of financing trade,abandonment and inventory impairment, Relying on supply chain financial service platform,supply chain financial innovation model of cross-border fresh food is built by constructing credible transaction chain, credible capital chain, credible behavior chain and credible institution chain. This new model can effectively improve the accessibility of financial services and realize the whole process of risk control. The findings are of reference value to the innovation and risk control of cross-border fresh food supply chain finance in China.

Based on the irreversible trend of red-chip enterprises returning to the A-share market, this paper takes China Mobile, SMIC and Ninebot as case samples to conduct an exploratory study on the paths and potential risks of overseas red-chip enterprises returning to local listing. It is found that the current return of red-chip enterprises mainly includes the traditional path and the innovative path, and their applicability to enterprises differs, as shown by the fact that enterprises meeting the requirements of the pilot scope can choose between the innovative path, while non-scope enterprises can only adopt the traditional path. Meanwhile, the IPO model in the innovative path involves the risk of legal, internal control, termination of listing and control transfer, while the product risk and VIE structure risk of the CDR model also cannot be ignored. In the traditional path, companies need to consider the asset restructuring, benefit distribution and tax risks arising from the dismantling of the red-chip structure. The research conclusion can provide a useful reference for more red-chip enterprises to return to domestic listing in the future and the risks they may encounter in the process.

The theory of the “smile curve" as a guiding principle for enterprise transformation has been validated in the practical context of enterprise development in China. However, there is limited research on the changing trends and influencing factors of the “smile curve” from a dynamic developmental perspective. In the era of “digital intelligence”transformation, new trends and characteristics have emerged in the evolution of the smile curve. This study focuses on exploring the dynamic evolution of both the “smile curve” and the “musashi curve”, while investigating, value-added changes within manufacturing value chains and identifying pathways for enterprise transformation and upgrading, and case study approach is employed to examine Dayang Group's transformation, The findings reveal that certain traditional manufacturing enterprises' smile curves" are evolving into “musashi curve” within the digital economy context, leading to a proposed dynamic evolution model from “smile curve" to “musashi curve” based on influential factors, These insights serve as inspiration and guidance for strategic transformations and upgrades among traditional manufacturing enterprises.

The variability and uncertainty of enterprises’external environment highlight the importance of employees’career self-management, Based on attention-based view, this case study constructs a process model of employee career self-management, and explores the dynamic formation mechanism of employees’career management from the interaction between the organization and individuals, At the organization level, the model analyzes the formation process of the decision-making environment of employees’career self-management, In the process, we describe the formation process of organizational strategies, under which the organizational culture and mechanisms establish to promote the implementation of organizational strategies. At the individual level, employees shift their attention on the core information of “I want to develop” by coding and understanding the decision-making environment. Based on these coding and understanding, employees allocate their attention and decide how much time and efforts to allocate to the process of career self-management, thus make career self-management decisions to take actions and achieve a sustainable career growth.

In the face of the challenge of inheritance, industrial transformation has become a unique path for family companies to seek cross generational development. As the successor of family company, second-generation entrepreneurs have innovative entrepreneurial spirit as the core driving force of entrepreneurial behavior, It is a great significance to explore how the innovative and entrepreneurial spirit of second-generation entrepreneurs drives industrial transformation, This paper constructs a theoretical model of the innovative entrepreneurial spirit of the second-generation entrepreneurs drives the industrial transformation of family companies through multiple case studies, The study found that dynamic capabilities can effectively connect the innovative and entrepreneurial spirit of second-generation entrepreneurs with industrial transformation, and the industrial transformation of family companies includes two paths: active transformation and passive transformation, and the innovative and entrepreneurial spirit of second-generation entrepreneurs drives the formation of dynamic capabilities, which in turn drive the industrial transformation of family businesses through slightly different paths. In addition,seven dimensions of innovative entrepreneurial spirit for second-generation entrepreneurs, five aspects of dynamic capabilities, and three stages of industrial transformation have been extracted.

Case action learning is a new situational teaching method which combines case teaching and action learning. It can greatly improve the training effect of business faculty and has attracted wide attention in the academic circle. On the basis of the connotation, it explores the value logic of case action learning and the path of the large-scale promotion. The study found that: The design at the theoretical and practical levels lays the conceptual foundation for the extensive popularization of the case action learning method; modularization of teaching content builds the core framework of the large-scale promotion of case action learning method; the standardized and structured teaching process constructs the realization logic of the large-scale popularization of the case action learning method. This article explains the internal mechanism of construction of business students knowledge ability and knowledge ability evolution path, deduced widely promoted case action learning path, achieve path standardization, and then establish the promotion logic of case action learning. This study deepens the understanding of the connotation of case action learning method and provides new ideas for the promotion and application of case action learning method with high quality and efficiency.

As an important financing method in Chinese capital market, equity pledge is increasingly common among listed companies. However, equity pledge also entails multiple potential risks such as stock price volatility and control rights transfer, Based on case study of35.COM, from the perspective of information disclosure as a mean of market value management, this paper explores the risk management strategies and economic consequences following equity pledges by controlling shareholders of listed companies. We find that a high ratio of pledged shares by controlling shareholders would induce motives for maintaining stock prices and value management for self-interest, which might lead to strategic information disclosure practices and even violations of information disclosure regulations. In the short term,the strategic information disclosure of controlling shareholders can achieve the goal of stabilizing or boosting stock prices, However, in the long term, these strategic and non-compliant information disclosures may affect the company's value, cause a decline in the quality of accounting information, and infringe on the interests of small and medium-sized shareholders.Research result is of practical significance for standardizing equity pledging, market value management and information disclosure behaviors in listed companies.

The management case teaching in China has undergone years of development and exploration, more and more schools have completed a session of understanding, learning.mastering,application and innovation of management case teaching.Constructing management case teaching premium course will help to spread useful experience of management teaching establish bench-marking class in order to achieve greater result, This paper analyzes class design, arrangement, teaching method and innovation based on 19 award-winning courses of First Nationwide Management Case leaching Video Lesson Competition in China, and can provide experience and meaningful suggestions for future competition and better development.

Existing research on the transformation mechanism of Chinese agricultural enterprises’ business model from mechanization to digitalization is relatively lacking. This paper conducts a longitudinal case study on the business model transformation of Nanning Sugar Industry from 2015 to 2020, and finds that: First, farming, harvesting and deep processing constitute two key transformation stages of the business model of Chinese agricultural enterprises from mechanization to digitalization. Second, digitalization-based co-creation and co-operation constitute important mechanisms driving the transformation stages. This paper proposes a theoretical model for agricultural enterprises to realize business model of digital transformation through value co-creation under the situation of mismatch between digital technology and operational capabilities. It can provide practical inspiration for the country to formulate digital and intelligent agricultural policies and enterprises to implement transformation and innovation of digital operation model. 

This research adopts the perspectives of signaling theory and situational crisis communication theory, analyzes the crisis events of the “expired honey” in Tongrentang and the “cyclamate” in Jiugui Liquor, aiming to shed light on how crisis response strategies vary in effectiveness depending on corporates’ reputation. We find that such crises can diminish corporates’ market value and disrupt their production and operations. A corporate’s generalized favorability enhances the protective effect of its crisis response strategies. However, a high degree of popularity can complicate the crisis response process. In the case of Tongrentang, the corporate responded to its product crises by adopting apology and remediation strategies. This approach was adaptive to the situation, enabled high information transparency in crisis communication, and repaired relationships with stakeholders. By contrast, Jiugui Liquor opted for a denial strategy in response to rumors, this approach lacked transparency and resulted in less effective crisis communication. The conclusions can offer valuable managerial insights for business crisis communication.

In order to solve the problem of unclear digital transformation path of manufacturing enterprises and prevent the transformation paradox, this paper analyzes the digital transformation of Great Wall Motor with the method of single case study based on open innovation. Specifically,this work identifies the key components of the digital transformation of manufacturing enterprises, that is,knowledge absorption, knowledge creation, knowledge integration,knowledge spillover, and knowledge interaction, and simultaneously builds a path model for the digital transformation, in this context, we employ the NK simulation model to verify the applicability of the transformation path model to other manufacturing enterprises, thus a clear optimal path for digital transformation is obtained, that is, knowledge absorption - knowledge creation knowledge integration knowledge spillover knowledge interaction. The clarification of the path would help the transformation and upgrading of manufacturing enterprises, and the high-quality development of the economy.

Under a VUCA environment, cultivating organizational resilience is an important path for enterprises to achieve counter-trend growth. This paper constructs a theoretical framework of “environment-organization-individual” through the perspective of multi-theoretical integration, and adopts the grounded theory method to construct a relationship model of the influencing factors of organizational resilience through qualitative analysis of CNKI and CMCC. The result obtains eight core factors at three levels, namely, individual, organization and environment, including leaders and employees; organizational background, organizational resources, organizational capabilities, and organizational actions; macro environment and micro environment. The interaction mechanism with the result presenting that the leader plays a dominant role. Organizational background and organizational resources, as the basis of material and structure, guarantee the stability of the organization. Organizational ability and action are the favorable conditions for the organization to respond quickly and ensure the flexibility of the organization. The external environment related to stakeholders provides favorable resources for enterprises and transmits market signals to help enterprises grasp the development direction. This study can provide a systematic and holistic perspective for understanding the phenomenon of organizational resilience, and a theoretical support for the research in the field of organizational resilience, and has a practical reference value for enterprises to cultivate organizational resilience. 

Enterprises need to seize opportunities to seek developments. When there is an opportunity for the legitimacy of the incumbent to decline, seizing the opening and internalizing the window of opportunity becomes the key to the survival of latecomers and even the exploitation of the future market. Based on the practice of Maxeye's catching up and surpassing.the paper explores the catch up process mechanism of latecomers from catching up to leading.The research finds that the reduction of the legitimacy of the incumbents leads to the opening of the window of opportunity and the internalization of the window of opportunity by the latecomers, which together promote the latecomers to achieve the goal of catching up with innovation, To be specific: (1)in the catch-up stage, the reduction of the practical legitimacy of the incumbent leads to the opening of the window of opportunity for the dual interaction of demand and system. Latecomers adopt the strategic path of market and capability integration to internalize the opportunity window, and seek opportunities through opportunity perception capability and market demand, resource integration capability, market legitimacy acquisition,innovation experimentation capability and market preference shaping to achieve market leadership and capability building. (2)in the leading maintenance stage, the reduction of the incumbent's technical legitimacy triggers the opening of the leading opportunity window of the technology unit, and the latecomer enterprises adopt a technological innovation strategy to internalize the opportunity window, and achieve technological breakthroughs through independent secondary innovation, independent disruptive innovation, and hybrid open innovation. Finally, the theoretical framework of “reducing the legitimacy of the incumbents  opening the window of opportunity- matching the strategic path and behavior - catching up results”is constructed.

Frequent employee' information security violations have become critical issue in enterprise digital operation management. Based on the person-organization fit theory and social exchange theory, this study investigates the influence mechanism of person-organization fit on employees' information security violations using a multi-case study. The results show that: (1) in the context of enterprise information security management, the types of person-organization fit matching are mainly consistent matching and complementary matching. (2) person- organization fit in the context of enterprise information security management consists of four dimensions: Competence, morality, relationship and emotion. (3) person-organization fit has a negative effect on employee' information security violations, while work engagement and organizational commitment play partly mediating roles in this process. The findings can help enterprises improve information security management strategies and reduce the occurrence of employees' information security violations.

In response to the formalization phenomenon in interaction and case teaching in Chinese business classrooms, as well as the practical problems of low enthusiasm for enterprises to participate in business case teaching, this article elaborates on the interactive learning philosophy of the business “living” case teaching method, Based on the nearly 10 years of “living” case teaching practice, a three-dimensional interactive teaching method of business “living” case oriented towards the integration of industry and education is extracted, Case teaching is designed and implemented around the “real” problems of the industry in the era, through the interaction between teaching and learning, complementary learning and action, theoretical guidance and practical evaluation in different directions, as well as the interaction in different directions within the three dimensions, the case teaching method strengthens and enhances students’ thinking training and comprehensive quality, The research shows that the adaptive adjustment to the teaching and case situation is an obvious feature of the three-dimensional interactive teaching method of business “living” case, which is different from the ordinary case teaching method. It makes the symbolic interactions between teacher-student, student-student and industry-teaching in the case teaching have the sense of the times and being present, which is more conducive to improving students’ professional core ability and comprehensive quality.

Previous studies have predominantly focused on the digital transformation of enterprises with the help of large platforms,while insufficient attention has been paid to the collaborative process between cluster SMEs and new platforms, in the context of digital transformation of industrial, cluster SMEs and new platforms are like “fellow sufferers”, facing the resource dilemma together. In light of this, the study through the co-creation case of SMEs in Zhejiang Ningbo mold industry cluster and Bincube (Chuang-Yuan) Mold Industry Internet Platform, and finds that cluster SMEs collaborate with new platforms to carry out digital transformation, which is a resource action evolution driven by a common resource focus. In the resource exploration stage, cluster SMEs can cooperate with the new platform to adopt “heuristic bricolage” behavior to respond to the focus of “resource revitalization”. But it is difficult to solve the problem of insufficient resource pools. In the resource construction stage, cluster SMEs cooperate with the new platform to complement the “imitative configuration” of the interactive response to the “resource matching” focus, resolving the tension of resource acquisition. But how to convert resources into digital transformation capabilities is full of challenges. In the resource capability stage, the collaborative innovation platform of cluster SMEs can introduce “progressive orchestration”on the basis of the interaction of “heuristic bricolage”and “imitation configuration”, and carry out circular iteration, respond to the focus of “resource system” and resolve the tension of resource conversion. Based on the situation of “ relative symmetry ”, the study has enlightening significance for accelerating digital transformation of industry clusters in China.

The metaverse ecosystem empowers the development of strategic emerging and future industries with a new model of high-quality productivity. This research introduces the complex adaptation theory, selects five metaverse related listed companies in China to carry out a logical analysis of value co-prosperity, and compares and analyzes the logical chain of the evolution of enterprise value co-enrichment in different case companies. On the basis of case analyses, this paper systematically summarizes an evolutionary logic of value co-enrichment in the metaverse ecosystem. The research concludes that the metaverse ecosystem experiences a dynamic evolutionary logic of “resource → value capital → value product → value wealth → value co-enrichment”. The research on value co-enrichment can provide a new perspective and practical direction for the future development of metaverse.

This research takes Daxin as an example to explore the formation mechanism and bottom data logic of manufacturing enterprise agility from the perspective of data empowerment.Research has found that: Through data empowerment, manufacturing enterprises acquire intellectual ability, connectivity ability, and analytical ability, and driven by these three abilities, they carry out business data deconstruction, business data association, and business data reconstruction, ultimately achieving manufacturing enterprise agility. Among them, data empowerment, business data deconstruction, and business data association are the prerequisites for the formation of manufacturing enterprise agility, the data reconstruction of business is a direct path for the formation of agility in manufacturing enterprises. This study also found the bottom data logic behind the formation of manufacturing enterprise agility and deconstructed its related dimensions, The research results have deepened and expanded the exploration of the formation mechanism of manufacturing enterprise agility, and can provide useful supplements for the bottom data logic research of the organizational capacity upgrading.

In a complex environment, many Chinese enterprises have difficulties in production.but there are some excellent resilient enterprises that can turn crises into opportunities and achieve stable development, Taking three Chinese listed private enterprises that have persevered through challenges and maintained stable operations as examples, following the resilience analysis approach of “external changes promoting internal growth", and combining with resource conservation theories, we propose a research framework of “scenario stimulus (external crisis shock)resource conservation (internal resilience response)- formation of highly resilient organizations (manifestation of resilience characteristics)" to explore the formation path of highly resilient organizations, The research findings are as follows: (l) high resilient organizations, by effectively deploying resources, show timely strong correlation, creativity and buffering resilience characteristics required for crisis response, (2)the formation of highly resilient organization is the result driven step by step by cognitive elements, behavioral elements, and outcome elements in the four stages of risk identification, resource integration.resource accumulation, and resource value realization, (3) there are two types of formation paths for highly resilient organizations: Challenge-oriented and compensation-oriented, The conclusion of this study has certain guiding significance for enterprises to survive and sustainable development in complex environment.

The continuous evolution at business model innovation and business ecosystems in the age of digital intelligence is far beyond the scope of existing theoretical studies. While focusing on the impact of business model innovation on business ecosystem attributes, established studies have neglected how the digital business ecosystem as an organizational support affects business model innovation, This study takes advantage of the composite characteristics at Siemens Group as a provider of business model innovation for downstream enterprises in the same industry and a practitioner of its own business model innovation and constructs a theoretical model of the impact of digital business ecosystems on business model innovation through a single case rooted analysis of Siemens Group, The study finds that:(1)enterprises form digital business ecosystems based on digital opportunity identification, digital resource acquisition,digital channel construction, and create value at all levels of digital business ecosystems through the interconnection and interaction of multiple subjects, (2)the mechanism of digital business ecosystem affecting business model innovation is “digital business ecosystem - open learning business model innovation”, In the digital business ecosystem, producers, sellers, other recipients, consumers,etc, use the digital platform to realize communication, cooperation and learning among multiple subjects, and the digital business ecosystem promotes business model innovation through intra-industry learning and inter-industry learning. (3)customers have become participants in the digital business ecosystem, participating in the creation of value through common open learning and communication with the producers of the focal enterprise,and satisfying customer needs more effectively, This finding provides a new analytical framework for analyzing digital business ecosystems and business model innovation.

Supply chain finance plays a crucial role in enhancing the resilience of small and medium-sized enterprises (SMEs), and becomes a new driving force for high-quality economic development in China.Managing various continuously conflicting yet interdependent value propositions has become a key issue, This study, based on the framework of "paradox of supply chain financial services paradox management SME resilience building”, employs a longitudinal case study approach to deeply analyze the practices of supply chain finance in MYbank, The findings reveal that: Under different supply chain financial service orientations,financial service providers need to develop effective paradox management capabilities through a mechanism of “micro-level segmentation macro-level integration". This involves transforming paradox coping strategies into sustainable em bedded paradox management capabilities by means of more granular segmentation and higher-level integration, This paper makes theoretical contributions to enriching the research perspective on enterprise resilience, expanding the theoretical perspective of supply chain finance, and revealing the internal mechanisms of paradox management, thereby inspiring relevant stakeholders to make better use of financial instruments to support the resilience building of SMEs.

In the context of the digital era, virtual leadership has become the focus of academic attention. Taking Bell.AI and YIDATEC as research objects, this paper uses grounded theory as research methods to conduct an exploratory double-case study on the impact mechanism of virtual leadership on employee role performance, followed by the development of a research model based on role theory. It is found that virtual leadership is divided into virtual presence, remote dynamic control, digital tool application, and virtual interaction capabilities. Virtual leadership can enhance employee role performance from both psychological and technical perspectives, and there is a path way of “virtual leadership — role stress — employee role performance”. Team virtuality can enhance the relief effect of virtual leadership on role stress. The findings may expand related theoretical research achievements while helping enterprises improve management efficiency.

Abstract; In EPC (Engineering Procurement Construction) projects, a reasonable relationship between the general contractor and the subcontractor is embedded to help achieve a good inter-organizational resource orchestration and maximize the competitive advantages of the general contracting model, However, the existing research on the impact of relational embeddedness on resource orchestration suffers from the paradox of relational embeddedness and lacks the consideration of the impact of project actors’cognitive initiatives, which makes it difficult to explain the internal logic of inter-organizational resource orchestration in EPO projects, Based on this, from the perspective of institutional logic, this paper adopts the multi-case study method and takes four typical EPC projects as the research object to explore the path of inter-organizational resource orchestration under different relational embeddedness between the general contractor and the subcontractor, It is found that: (1) proiect- and participant-oriented inter-organizational resource orchestration behaviors exist under the initial relational embedding of both strong ties and weak ties, and the design of constraint- and mechanisms can synergise with relationa lembeddedness to incentive-oriented governance influence the nature and effect of inter-organizational resource orchestration, (2) different 

relational embeddedness collaborative project governance mechanisms acts on the inter-organizational resource orchestration of the project through the institutional logic coupling of the general contractor and the subcontractor's. The findings provide a new theoretical explanation for the relational embeddedness paradox, as well as theoretical support and practical reference for the general contractors to adopt appropriate project governance mechanisms to optimize inter-organizational cooperation according to the relational embeddedness situation.

Social enterprises are important force to solve social problems, promote social development and foster common prosperity. Based on the perspective of institutional theory, this study chooses Canyou Group as the research object to explore the evolution process of the multiple institutional logics of social enterprises. It is found that social enterprises are influenced by factors in the different development stages, forming different multiple institutional logics through differentiated institutional development patterns. The institutional background and individual characteristics make social enterprises in the start-up stage choose institutional assimilation, forming government and charitable logics. The contradiction of symbolic representation and organizational practice makes social enterprises in the growth stage choose institutional refinement, forming charitable and market logics. The institutional transformation and organizational change make social enterprises in the integration stage choose institutional diffusion, forming charitable, market and partnership logics. This study can contribute to the theory and practice of institutional logics of social enterprises in China. 

Through the analysis of the internal legitimacy process of the strategic change of Hongxing International Exhibition Co., Ltd, this paper aims to investigate the evolution of the internal legitimacy of enterprise strategic change from the perspective of middle and senior managers interaction. The findings are as follows: The evolution process of the internal legitimacy of enterprise strategic change can be divided into the clear strategic direction stage,the unified strategy implementation stage,the coordinating required resources and capacity stage,the defining action plan stage. During this period, the legitimacy judgment is constantly strengthened and follows the evolution path of “instrumental legitimacy → instrumental legitimacy + relational legitimacy →instrumental legitimacy + relational legitimacy + ethical legitimacy → instrumental legitimacy + relational legitimacy + ethical legitimacy”. The evolution of middle and senior managers interactive intention follows the trajectory of “static participation → quasi-static participation → quasi-dynamic participation → dynamic participation”. Interactive tools have changed from one-way output of middle and senior managers to two-way interaction of middle and senior managers; Interactive action follows the evolution track of “passive acceptance of the middle level → active integration of the middle into senior level → consensus action of the middle and senior levels → tacit recognition of the middle and senior levels”. This paper reveals the relationship between the interaction of middle and senior managers and the internal legitimacy of enterprise strategic change, and further elaborates the impact of the interaction of middle and senior managers on enterprise strategic change. 

The Harvard case method focuses on the participant-centered, rigorous logic and rich contents. With teachers’ guidance, students are encouraged to link theory with practice, carry out deeper and higher-order thinking, and actively formulate the best available solution. By analyzing the development history and advantages of Harvard case method in seeking new changes over 150 years, this paper explores the process of implementing “Plan-Do-Check-Act”of Harvard case method. This paper deeply analyzes the key teaching characteristics of Harvard case method, such as the equality of free speech, the competition of class discussion, the practicality of teaching process and the practicability of case-based teaching results. Based on the current situation of domestic case teaching, this paper puts forward the key points of Harvard case method for methodology reference, and aims to improve the level of case teaching and quality of teachers and students in China. 

Based on the theoretical perspective of synergism, the study takes Hisense Group’s three-stage R&D collaboration evolution as a vertical case to explore the evolution path and driving mechanism of the R&D collaboration in an enterprise group. It is found that the R&D collaboration of the enterprise groups follow the three-stage evolutionary path of “collaborative preliminary — collaborative exploration — collaborative stabilization”, which is a combination of independent innovation and technology accumulation. Driven by the competitive environment and collaborative strategy, it promotes the dynamic integration of resources, information and technology of collaborative entities, and helps enterprise groups to optimize resource allocation and technological innovation, thereby stimulating the group’s deep-seated innovation capability. The conclusion of the study is conducive to promoting China’s enterprise groups to realize the transformation from industry technology breakthroughs to domestic technology leadership and then to international technology leadership.