EU Agricultural Digitalization Decalogue

The Impact Mechanism and Spillover Effect of Digital Rural Construction on the Efficiency of Green Transformation for Cultivated Land Use in China

Under the context of digital economy, agricultural production will be promoted by implementing the strategy of digital rural construction and giving full play to the role of digital factor productivity. This study systematically explains the mechanism of how digital rural construction affects the efficiency of green transformation for cultivated land use. The panel data of 30 provinces in China from 2011 to 2020 are analyzed through two-way fixed effect, spatial Dubin model and other methods, so as to better understand the impact of digital rural construction on the efficiency of green transformation for cultivated land use and its spillover effect. It is discovered in the study that digital rural construction is effective in enhancing the efficiency of green transformation for regional cultivated land use, and that this promoting effect stands multiple robustness tests. According to the heterogeneity analysis, the promoting effect of digital rural construction is more significant in the eastern region and among the samples with high green transformation efficiency of cultivated land use. In addition to improving the efficiency of green transformation for cultivated land use in the region, digital rural construction can also produce a positive spatial spillover effect to a significant extent. On this basis, the targeted policy recommendations are made in this paper. The first one is to improve the efficiency of green transformation for cultivated land use by accelerating the process of digital rural construction. The second one is to pay close attention to the differences in the process of digital rural construction. The third one is to better understand the "welfare sharing" characteristics of digital rural construction. The last one is to establish a mechanism of regional cooperation.

Valuing Collaborative Synergies with Real Options Application: From Dynamic Political Capabilities Perspective

This paper aims to justify propositions that the dynamic political capabilities of collaborative partners to manage their institutional contexts are important drivers of collaborative synergies which can be valued by real options. To date, the institutional context of collaborative corporate strategies (strategic alliances, mergers, and acquisitions), particularly the analysis of the influence of government agencies on the synergies or unrealized synergies of collaborative ventures, remains unexplored. Moreover, the interdependence between the institutional dimensions of the collaborative strategies, the dynamic political capabilities of the collaborating partners, and collaborative synergies are needed to be integrated into new conceptual models and a new framework. This paper contributes to this request by providing a cohesive framework of micro-foundations with dynamic political capabilities and demonstrating an application of simple and compound sequentially combined real options for collaborative synergies’ valuation in the findings and discussion section. This paper makes several theoretical and empirical contributions to international business, strategic management, and corporate finance. The practical implication of the research is evidence that food retailers who want to grow with the latest consumer trends will need dynamic political capabilities to deal with the impact of an institutional context. Finally, this paper discusses research limitations and future work.