Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020)

The Impact of Producer Services Agglomeration on Scientific and Technological Innovation from the Perspective of Global Value Chain

Authors
Danlei Yang
Corresponding Author
Danlei Yang
Available Online 11 March 2020.
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/).

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Volume Title
Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
11 March 2020
ISBN
978-94-6252-923-6
ISSN
2352-5428
DOI
10.2991/aebmr.k.200306.029How to use a DOI?
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  -