Abstract
Under the backdrop of the continuous escalation of the Sino—U.S. trade friction, China's industrial development environment in global value chains (GVCs) has further deteriorated, research on the improvement GVC status of the Chinese manufacturing industry has become the focus of attention for industry and academia. The direction of R&D inputs are of utmost importance to the improvement of GVC status. However, comparatively little attention has been paid to this topic in existing studies. Following the production activity decomposition framework and combining with the World Input-Output Tables, the action mechanism of R&D inputs on GVC status from two aspects of industrial value-added and embedding position were analyzed, the moderating effect of digital servitization was demonstrated. Results show that: The input of applied research has inverted U-shaped influence on the industrial value-added, while it has U-shaped influence on embedding position; The input of basic research has U-shaped influence on the industrial value-added, while it has inverted U-shaped influence on embedding position; The moderating effect of digital servitization between R&D inputs and GVC status is significant, in the short term, the digital servitization can not only magnify the promotion effect of the applied research inputs on GVC status, but also shorten the lag period of basic research inputs on GVC status. In the long run, the digital servitization can not only weaken the marginalization trend of the applied research inputs on GVC status, but also enhance the positive feedback effect of basic research inputs on GVC status. This study is important for China to improve the GVC status.
Highlights
The value added dividends released by the mature technology foundation of developed countries is approaching threshold, China’s manufacturing industry has been gradually locked in the low-end of global value chains
Under the backdrop of the continuous escalation of the Sino—U.S trade friction, China’s industrial development environment in global value chains (GVCs) has further deteriorated, research on the improvement GVC status of the Chinese manufacturing industry has become the focus of attention for industry and academia
Simulating the optimal performance parameters of the product significantly reduces trial and error cost, and improves the efficiency of basic research, the lag period of basic research inputs on GVC status in process III will be correspondingly declined; developing the digital technology such as 3D-printing, Virtual Reality (VR), Augmented Reality (AR) means manufacturing enterprises have lots of opportunities to integrate different subject areas like mathematics, chemistry, physics, it greatly expands the field of basic research for new technology and products, and the promotion effect of basic research inputs on GVC status in process IV will be relatively enhanced
Summary
The value added dividends released by the mature technology foundation of developed countries is approaching threshold, China’s manufacturing industry has been gradually locked in the low-end of global value chains (hereinafter referred to as GVCs). In Prete and Rungi (2017), producers of intermediate inputs that can integrate either backward or forward along the chain will affect the the embedding position of an industry in GVCs, the R&D complementarities effect of integrating affiliates on industrial value-added is neglected. Especially important is studying the impact of collaborative innovation on GVC status from both two aspects of the industrial value-added and embedding position. Under the new trend of digital servitization, the primary content of our study is how the moderating effect of the digital servitization between collaborative innovation and GVC status
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