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| Synergistic and Mutual Promotion Effects of Digital Economy and Industrial High-quality Innovation |
| Yang Xin,Zhao Shouguo |
| (School of Economic and Management,Northwest University,Xi′an 710127,China) |
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Abstract In order to build an industrial Internet platform and digital factories, mutually promote industrialization and informatization, and then realize the synergy and mutual promotion of digital economy and high-quality industrial innovation, it is essential to accelerate the deep integration of digital economy and real economy. From the different dimensions of digital technology application and the theory of innovation value chain, this paper uses China's inter-provincial panel data to analyze the synergistic and mutual promotion effects of digital economy and industrial innovation efficiency.#br#On the one hand, this study focuses on the deep integration of digital economy and high-quality industrial innovation. By measuring the development level of the digital economy and the innovation efficiency of the two stages of industry, the coupling coordination degree model is used to investigate the synergistic evolution characteristics of the digital economy and high-quality industrial innovation. On the other hand, on the basis of synergy analysis, the mutual promotion mechanism is revealed by further constructing a panel vector auto-regressive model, so as to provide a reference for deepening the understanding of the interactive relationship between the digital economy and industrial innovation and development, and clarifying the orientation of industrial policies.#br#It is found that, first of all, in terms of synergistic effects, the degree of coupling and coordination between the digital economy and the innovation efficiency of various stages of industry has shown an overall upward trend during the investigation period, but it is still in a transitional range. From the perspective of sub-dimensions, industrial digitalization and its efficiency in industrial technology research and development have a higher level of coupling and coordination. In terms of spatial distribution, the synergistic effects of digital economy and high-quality industrial innovation presents obvious spatial differentiation characteristics, and the two have a higher level of coupling and coordination in relatively economically developed areas such as the southeast coast. At the same time, there is a significant spatial convergence of the synergistic effects of the digital economy and industrial high-quality innovation, and the spatial differences in the coordinated development of the two mainly come from interregional differences. Secondly, as far as mutual promotion effects are concerned, the historical information of digital economy and industrial high-quality innovation can explain each other's future changes well, and the historical information of digital economy and industrial high-quality innovation can explain each other's future changes well. From the perspective of sub-dimensions, there is a continuous and strong positive response between digital industrialization and industrial achievement transformation efficiency, and the information impact of industrial digitalization and industrial achievement transformation efficiency is the main source of mutual system fluctuations caused by digital economy and industrial high-quality innovation.#br#Through the comparative analysis of the research conclusions, it can be seen that there is a chain dislocation in the synergistic effects and mutual promotion effects of the digital economy and industrial high-quality innovation. From the perspective of policy orientation, the steady improvement of the transformation efficiency of industrial achievements is a key link to strengthen the coordinated development between digital economy and high-quality industrial innovation;it is a potential path to realize the mutual promotion and integration of digital economy and high-quality industrial innovation by giving full play to the empowering role of digital technology in improving the efficiency of industrial technology research and development. Therefore, the study stresses that regional development should focus on building an industrial ecosystem in which the digital economy and high-quality industrial innovation are synergistic and mutually reinforcing. While actively carrying out the digital transformation of the manufacturing industry and the digital empowerment of small and medium-sized enterprises, the relevant parties should implement the traditional industrial informatization transformation project and the industrial Internet innovation development projects in depth so as to realize the chain connection of digital economy and industrial high-quality innovation synergistic and mutual promotion effects.#br#
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Received: 15 May 2023
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