我国企业“走出去”的创新驱动力何在——来自制造业投入服务化的理论解释与实证检验

What Is Innovation’s Driving Force for Chinese Firms Going Global——Theoretical Analysis and Empirical Evidence from Servitization of Manufacturing Industry

本文从理论上分析了制造业投入服务化影响企业“走出去”的创新路径,并选取2007—2013年手工匹配的制造业上市公司数据进行了经验论证。研究发现:我国制造业投入服务化总体上提升了企业OFDI的“广延边际”和“集约边际”;制造业投入服务化主要通过增强企业的中间品部门创新能力提高生产率,对其OFDI的“二元边际”起到正向作用,且“走出去”存在市场寻求、效率寻求和技术寻求等动机;知识密集型制造行业的非国有企业采用专业科技类服务显著地推动其“走出去”。本文的政策启示为我国供给侧结构性改革应致力于制造业投入服务化来增强企业在服务型制造领域的竞争力,以实现其国际化战略目标。

This paper studies the innovation driving force of servitization in manufacturing industry on firms’internationalization based on a theoretical perspect,and utilizes hand-matched data of Chinese listed manufacturing companies from 2007 to 2013.The results show that servitization of manufacturing industry improves extensive and intensive margins of firms’OFDI.Servitization of manufacturing industry brings positive influences on dual margins of OFDI by enhancing innovation capacity in intermediate good sectors to improve productivity.In addition,“going global”brings market-seeking,efficiency-seeking,and technology-seeking motivation to the industry.Knowledge-intensive also nonstate-owned enterprises adopt professional sci-tech services to push themselves-“going global”.We suggest that the supply-side structural reform in China should focus on advancing the servitization process of manufacturing industry to strengthen firms’competitiveness,and ultimately facilitating the global of internationalization.