STEMM Institute Press
Science, Technology, Engineering, Management and Medicine
The Impact of Digital Innovation on the International Competitiveness of Manufacturing: An Empirical Study Based on Different Factor-Intensive Industries
DOI: https://doi.org/10.62517/jmsd.202512301
Author(s)
Zheng Ye
Affiliation(s)
School of Business, Hangzhou City University, Hangzhou, Zhejiang, China
Abstract
Based on the panel data of 11 provinces and cities in the Yangtze River Economic Belt of China from 2011 to 2020, this paper first establishes a digital innovation evaluation system from two aspects: the foundation and ability of digital innovation. Then, in manufacturing industry, four indicators such as the trade competition index are used to measure its international competitiveness. On this basis, a model is constructed to empirically analyze the impact of digital innovation on the international competitiveness of different factor-intensive industries in the manufacturing industry. The results show that the digital innovation foundation has a significant positive promoting effect on the international competitiveness of different factor-intensive industries. While the digital innovation ability has a significant positive promoting effect on the international competitiveness of capital-intensive industries, it has a remarkable inhibiting impact on that of labor-intensive industries, and has no significant impact on that of technology-intensive industries. On this basis, this paper proposes relevant strategies to enhance the international competitiveness of different factor-intensive industries by improving the level of digital innovation.
Keywords
Digital Innovation; International Competitiveness; Manufacturing Industry; Yangtze River Economic Belt
References
[1]Wang Hugen. Research on the International Competitiveness of China's Power Station Auxiliary Equipment Manufacturing Industry Based on the Entropy Weight Method. Inquiry into Economic Issues, 2020(9): 58-64. [2]Dai Xiang. The International Competitiveness of China's Manufacturing Industry: Calculation Based on Trade Value Added. China Industrial Economics, 2015(1): 78-88. [3]Liu Weilin. The Mystery of Value Creation of Chinese Exports: An Analysis Based on the Global Value Chain. The Journal of World Economy, 2015, 38(3): 3-28. [4]Yu Bo, Dai Shugeng, Guan Chao. Research on the Relationship between Exchange Rate Fluctuations and the International Competitiveness of the Manufacturing Industry: Based on the Country Panel Var Model. Inquiry into Economic Issues, 2021(2): 167-177. [5]Emilia G, Mariana S, Denis J. International Competitiveness of the Furniture Manufacturing: Lesson from the Selected Eu Countries. Wood Research, 2021, 66(5): 859-874. [6]Liu Yang, Dong Jiuyu, Wei Jiang. Digital Innovation Management: Theoretical Framework and Future Research. Journal of Management World, 2020(7): 198-216. [7]Svahn F, Mathiassen L, Lindgren R. Embracing Digital Innovation in Incumbent Firms: How Volvo Cars Managed Competing Concerns. Mis Quarterly, 2017, 41(1) :239-253. [8]Nambisan S, Lyytinen K, Majchrzak A, et al. Digital Innovation Management: Reinventing Innovation Management Research in a Digital World. Mis Quarterly, 2017, 41(1):223-238. [9]Meng Xia, Dong Wenting. Enterprise Digital Transformation and Export Competitiveness Improvement: Evidence from Chinese Listed Companies. Journal of International Trade, 2022(10): 73-89. [10]Ren Zhicheng, Zhao Ziheng. The Impact of Digital Transformation on the Improvement of Total Factor Productivity in the Manufacturing Industry: Micro Evidence from Listed Companies. Journal of Industrial Technological Economics, 2022, 41(11): 23-30. [11]Fu Weizhong, Liu Yao. Research on the Coupling and Coordination between Digital Innovation and High-Quality Development of the Manufacturing Industry: An Empirical Analysis Based on the Yangtze River Delta Region. East China Economic Management, 2021, 35(12): 19-29. [12]Li Xueya, Lang Lihua, Chu Tingting. Research on the Correlation between Domestic Market Demand and China's Manufacturing Exports: Based on the Panel Data Analysis of 23 Industries in China's Manufacturing Industry. Inquiry into Economic Issues, 2021(1): 147-154, 180. [13]He Zhengchu, Cao De, Wu Yan. The Interactive Path between the Development Quality of China's Manufacturing Industry and International Competitiveness. Contemporary Finance & Economics, 2018(11): 88-99.
Copyright @ 2020-2035 STEMM Institute Press All Rights Reserved