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| Global Value Chain Embedding, Technology Path Selection and Manufacturing High-Quality Development |
| Hu Yanan,Yu Donghua |
| (Economics School，Shandong University，Jinan 250000，China) |
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Abstract With the deepening of the division of labor in the global value chain and the formation of a new international division of labor, the external environment facing the manufacturing industry is undergoing profound changes, which poses new challenges to the selection of technological paths for late-developing countries. Based on the perspective of global value chains, this paper explores the selection of technological paths for the high-quality development of manufacturing industries in late-developing countries, and clarifies the basis of the selection of suitable technological paths for manufacturing in late-developing countries under the new world economic environment. On this basis, using WIOT data and China's manufacturing industry data, an empirical test of the appropriate technological path for the high-quality development of China's manufacturing industry is carried out. The study found that while participating in the division of labor in the global value chain provides opportunities for the introduction and imitation of late-developing countries, it also promotes the manufacturing to strengthen their own R&D investment in the selection of technological paths through low-end lock-in effects and competitive effects; under the background, the positive effect of independent R&D on the high-quality development of the manufacturing industry is gradually manifesting; however, due to the insufficient factor endowment during the inspection period, the introduction of imitated technology paths is more beneficial to the improvement of manufacturing efficiency than independent R&D. Under the background of the division of labor in the global value chain, timely transformation of technology paths and increased R&D investment are of great significance to promote our country's manufacturing industry to rise to the high end of the value chain and achieve high-quality development.
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Received: 05 July 2021
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