The Impact of Producer Services Agglomeration on Scientific and Technological Innovation from the Perspective of Global Value Chain
- DOI
- 10.2991/aebmr.k.200306.029How to use a DOI?
- Keywords
- scientific and technological innovation, producer services agglomerate, Global Value Chain, manufacturing industry
- Abstract
This paper theoretically analyses the mechanism of the agglomeration of producer services on technological innovation of manufacturing industry, and the effect of participation in Global Value Chain (Hereinafter referred to as GVC) on the relationship among them, and then empirical tests are carried out with industry panel data from 2003 to 2014, using interactive regression model and comprehensive FGLS estimation method. It is found that the agglomeration of producer services can promote the technological innovation of manufacturing industry, and the participation in GVC can enhance this relationship through three ways: strengthening the connection in inter-industry, obtaining more technology spill-over, and further reducing costs. In addition, increasing investment in R&D funds and personnel, introducing foreign investment cautiously and attaching importance to independent R&D activities will also help to promote scientific technological innovation level of manufacturing industry.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Danlei Yang PY - 2020 DA - 2020/03/11 TI - The Impact of Producer Services Agglomeration on Scientific and Technological Innovation from the Perspective of Global Value Chain BT - Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020) PB - Atlantis Press SP - 161 EP - 166 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200306.029 DO - 10.2991/aebmr.k.200306.029 ID - Yang2020 ER -