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GVC Embeddedness, Innovative Human Capital and High Quality Development of Manufacturing Industry:Influence Mechanism Analysis and Effect Test based on “New Development Concept”

WANG Yu-yan1,2, WANG Wan1   

  1. (1.School of Economics, Anhui University,Hefei 230601, China; 2. Institute of Innovation and Development Strategy, Anhui University, Hefei 230601, China)
  • Received:2020-01-07 Online:2020-05-12

Abstract: The high quality development of manufacturing industry is the most important to realize the high quality development of economy. Taking the connotation of high quality development of manufacturing industry as the starting point, and based on the “new development concept”, this paper constructs an index system to measure the high quality development situation of China′s manufacturing industry, and uses industry panel data to evaluate the impact of global value chain embeddedness on the highquality development of manufacturing industry as well as the partial effect of innovative human capital on the impact. The research shows that: at present, participation in the division of global value chain has a negative impact on the high quality development of manufacturing industry as a whole, but the upstream link embeddedness will turn to a positive role; innovative human capital can significantly improve the level of high quality development of manufacturing industry. Further analysis of the impact mechanism shows that innovative human capital can significantly weaken the negative impact of GVC embeddedness on the high quality development of manufacturing industry, and the weakening effect has a threshold effect; for different embeddedness positions, innovative human capital can strengthen the positive effect of upstream value chain embeddedness on the high quality development of manufacturing industry, while downstream value chain embeddedness is not effective; for different types of industries, innovative human capital will seriously intensify the negative impact of buyer driven industry embedding GVC on the high quality development of manufacturing industry, and weaken the negative effect of producer driven industry embedding GVC on the high quality development of manufacturing industry.

Key words: high quality development of manufacturing industry, global value chain(GVC), innovation human capital, threshold effect ;heterogeneity