The telecommunications industry has been undergoing tremendous technological changes, and owning to continuous technological advancement, it has maintained sustained prosperity and development. In this paper, the inte...The telecommunications industry has been undergoing tremendous technological changes, and owning to continuous technological advancement, it has maintained sustained prosperity and development. In this paper, the interplay between technology, market and government in telecommunications is discussed briefly, and then we introduce technology and government into the traditional SCP(Structure – Conduct – Performance) paradigm to develop an industry analysis framework called TGM(SCP)(Technology – Government – Market(Structure – Conduct – Performance)). Based on this framework, we present the spiral coevolution model which elaborates on the interaction mechanism of technological innovation with government regulation and market dynamics from the perspective of industry evolution. Our study indicates that the development of the telecommunications industry is the result of the coevolution of technology, government regulation and market forces, and among the three actors, technology is the fundamental driving force. Relative to the "invisible hand"(market) and "visible hand"(government), we conceptualize technology as the "third hand", which fundamentally drives the development of telecommunications industry in coordination with the other two hands. We also provide several policy implications regarding these findings.展开更多
Commercial shale gas production has been rapidly realized in China following a short learning period. Shale gas production is expected to reach 4.5bcm by the end of 2015, with the construction of a 7.5 bcm production ...Commercial shale gas production has been rapidly realized in China following a short learning period. Shale gas production is expected to reach 4.5bcm by the end of 2015, with the construction of a 7.5 bcm production capacity. Over 700 shale gas wells have been drilled in China, mostly by the three state-owned oil companies. The most significant factors that led to the rapid shale gas development in China include the abundant shale gas resources, a relatively complete R＆D system, and strong support from various stakeholders （the central and local governments, oil companies, and the general public）. China has a long way to go for building a booming shale gas industry, because of many big obstacles in the way of shale gas development, including complex geology, high operation costs, incomplete infrastructure and technology constraints. Looking ahead, however, there are firm grounds for the projection of a bright prospect of China＇s shale gas industry , as a 20 bcm annual shale gas production is reasonably expected in 2020.展开更多
基金supported by Major Program of the National Social Science Foundation of China under Grant No.15ZDB154National Basic Research Program of China (973 Program) under Grant No. 2012CB315805
文摘The telecommunications industry has been undergoing tremendous technological changes, and owning to continuous technological advancement, it has maintained sustained prosperity and development. In this paper, the interplay between technology, market and government in telecommunications is discussed briefly, and then we introduce technology and government into the traditional SCP(Structure – Conduct – Performance) paradigm to develop an industry analysis framework called TGM(SCP)(Technology – Government – Market(Structure – Conduct – Performance)). Based on this framework, we present the spiral coevolution model which elaborates on the interaction mechanism of technological innovation with government regulation and market dynamics from the perspective of industry evolution. Our study indicates that the development of the telecommunications industry is the result of the coevolution of technology, government regulation and market forces, and among the three actors, technology is the fundamental driving force. Relative to the "invisible hand"(market) and "visible hand"(government), we conceptualize technology as the "third hand", which fundamentally drives the development of telecommunications industry in coordination with the other two hands. We also provide several policy implications regarding these findings.
文摘Commercial shale gas production has been rapidly realized in China following a short learning period. Shale gas production is expected to reach 4.5bcm by the end of 2015, with the construction of a 7.5 bcm production capacity. Over 700 shale gas wells have been drilled in China, mostly by the three state-owned oil companies. The most significant factors that led to the rapid shale gas development in China include the abundant shale gas resources, a relatively complete R＆D system, and strong support from various stakeholders （the central and local governments, oil companies, and the general public）. China has a long way to go for building a booming shale gas industry, because of many big obstacles in the way of shale gas development, including complex geology, high operation costs, incomplete infrastructure and technology constraints. Looking ahead, however, there are firm grounds for the projection of a bright prospect of China＇s shale gas industry , as a 20 bcm annual shale gas production is reasonably expected in 2020.
