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        Crowding-out Effect of SOEs on Market-based Organizational Forms in China: Implication for Korea

        Chenguang Huang,윤경환,Ruize Cai 한국무역연구원 2022 무역연구 Vol.18 No.4

        Purpose We examine how an old organizational form interacts with a new one to maintain the former’s status and legitimacy during the change process in institutional logics. We focus on how state-owned enterprises (SOEs) crowd out three market-based organizational forms to maintain legitimacy and status during institutional change from state logic to market logic in China. In addition, we examine the moderating effects of export intensity and firm age of market-based enterprises on the aforementioned relationship. Design/Methodology/Approach To test our hypotheses, we use a panel data set on manufacturing firms in China from 2011 to 2015. We utilize event history analysis because our dependent variable is the exit of market-based firms. We select the parametric Weibull model because it outperforms other survival models. Findings Our results generally support our hypotheses. SOEs crowd out market-based organizational forms mainly owing to identity conflict. SOEs are likely to be hostile toward market-based firms with strong market identity, such as those with high export intensity and old market-based firms. Research Implications Findings provide implications for policy makers and market-based enterprise managers in Korea. We highlight that Chinese and Korean SOEs are not precisely comparable but they are similar in several ways. We propose that policy makers in Korea develop and implement policy measures to control SOEs’ negative actions toward market-based firms and to dilute SOEs’ state identity. Lastly, we suggest that Korean market-based enterprise managers consider the effect of market identity on their survival and build connections with the government to strengthen market-based firms’ competitiveness and legitimacy.

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        The Transition of Molecular Alignment of Poly(ethylene oxide) Film via Thermal Annealing

        Hangyu Zhang,Guangzhu Ding,Kun Wu,Chenguang Cai,Jieping Liu 한국고분자학회 2022 Macromolecular Research Vol.30 No.4

        The molecular alignment of polymer film has attracted a lot of attentions due to its complicated process affected by processing conditions and dominating polymer applications. Here we demonstrate that the annealing process can not only change the surface morphology of annealed poly(ethylene oxide) (PEO) film significantly but also induce the formation of highly oriented lamellar structure. It indicates that sheaf-like and cluster banding morphology can be both found obviously on the surface of pristine film. However, there is only sheaf-like morphology and sporadical cluster banding cannot be found obviously on the surface of annealed film. Then, there are both tilt and flat-on orientations of PEO crystalline for pristine film. But, single flat-on orientation of PEO crystalline is present and tilt orientation mode is absent for annealed films. Furthermore, the transition of molecular alignment of PEO film via thermal annealing cannot be affected by the thickness and temperature.

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