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Analysis of a Firm's Optimal Size Based on Accessible Market Capacity
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作者 Xiao Sun Jun Qian +1 位作者 Yueting Chai Yi Liu 《Tsinghua Science and Technology》 SCIE EI CAS CSCD 2020年第5期659-667,共9页
E-commerce has dramatically reduced the limitation of space and time on economic activities,resulting in individuals having access to a huge number of consumers.In this paper,we propose a company's optimal size de... E-commerce has dramatically reduced the limitation of space and time on economic activities,resulting in individuals having access to a huge number of consumers.In this paper,we propose a company's optimal size decision model containing management costs as a means of investigating the evolution of the company size in e-commerce.Given that production decisions are made based on accessible market capacity,we explain how a company enters the market,and we draw an evolutionary path of the optimal company size.The results show that in the early expansion stage of accessible market capacity,a firm's optimal size keeps increasing;after reaching a peak,the change in a firm's optimal size depends on its cost management.When the accessible market capacity reaches a threshold,the firm will no longer be in the market,and may no longer exist.Finally,we construct a simulation framework based on complex adaptive systems to validate our proposed model.A simulation experiment confirms our model and reveals the dynamic co-evolution process of individual producers and firms. 展开更多
关键词 accessible market capacity management cost firm size EVOLUTION
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Determinants of the Impact of AEC on SMEs’ Performance in Lao PDR
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作者 Oukham Sisounonth Phouphet Kyophilavong Xayphone Kongmanila 《Chinese Business Review》 2021年第1期32-40,共9页
There is a recognition of 99%of economic enterprises in the Lao People’s Democratic Republic(PDR)is smalland medium-size enterprise(SMEs)and 94%of employment.It is crucial that strengthening the competitiveness of SM... There is a recognition of 99%of economic enterprises in the Lao People’s Democratic Republic(PDR)is smalland medium-size enterprise(SMEs)and 94%of employment.It is crucial that strengthening the competitiveness of SMEs in the Lao PDR as to sustainably develop localisation and identity of Laos to fulfil the needs of generalised systems of preferences certificate of origin.The Logit Model was employed to examine the impact of trade liberalization including the World Trade Organization(WTO)and ASEAN Economic Community(AEC)on SMEs performance.In addition,the second objective of this study is to investigate the factors affect the SMEs performance.The result shows that AEC awareness has significant impact on SMEs performance.In addition,there are various factors affect SMEs performance.Therefore,Lao government should promotion of implementation of AEC. 展开更多
关键词 AEC access capacity Logit Model Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH(GIZ)Survey 2013
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