中国企业“双循环”下本土供应链与全球价值链协同创新效应研究

The Synergetic Innovation Effect of Domestic Supply Chains and Global Value Chains for Chinese Firms in the Context of the Double Development Dynamic

增强国内大循环内生动力和可靠性,提高国际循环质量和水平是党的二十大报告对推动中国经济高质量发展提出的重要战略方向。本文基于国内循环破局国际循环“低端锁定”的视角,从理论层面解析了中国企业“双循环”下本土供应链与全球价值链协同的创新效应。同时,采用2009-2016年中国上市公司数据库、海关数据库与专利数据库的合并微观企业数据,从实证层面检验了本土供应链网络与全球价值链嵌入度的创新交互效应,深入讨论了信息优势与资源优势机制的重要作用。研究发现,位于本土供应链网络核心位置的企业能够显著调节全球价值链嵌入的创新抑制效应,最终破解中国企业在仅依赖国际循环下陷入“低端锁定”的困局。此外,本土供应链网络不仅能够利用其建立的信息优势,通过海外战略扩张以突破发达国家的俘获效应,而且能够发挥其带来的资源优势,以供应链金融的融资策略突破嵌入全球价值链的路径依赖,在国内循环与国际循环整体协同中实现创新驱动,增强国内国际两个市场两种资源的联动效应。本研究有助于探索基于增强国内循环内生动力提升国际循环质量和水平,为中国企业在国际循环中嵌入全球价值链位置攀升提供对策方案。

It is urgent for Chinese firms to overcome their"low-end lock-in"in the global value chains and achieve high-quality,innovation-driven growth.This paper explores the potential role of domestic economic flow in helping them escape the"low-end trap"in global value chains,with focus on the synergy between the domestic supply chain network and global value chains within the context of double development dynamic.Firms at the core of the supply chain network can strategically enhance information accessibility and leverage this for independent innovation,helping to disrupt the"capture effect"from developed countries.Additionally,being central in the network improves their access to resources,helping these firms coordinate local market resources to overcome path dependency from their integration into global value chains.We analyzed data from Chinese customs,patents,and listed companies from 2009 to 2016 to find out how domestic supply chains interact with global value chains to drive innovation.Our findings reveal that strategic positioning within the domestic supply chain network can reduce the inhibitory effects on innovation during the integration into global value chains.Our findings,consistent across different specifications and addressing concerns of endogeneity,indicate that domestic networks are crucial in addressing the challenge of limited self-innovation within global value chains,thereby promoting independent innovation.Furthermore,we investigated how firms could navigate capture and path dependence effects by capitalizing on the information and resource strengths of domestic supply chains.We also evaluated strategies to break free from"low-end lock-in"within global value chains,with an emphasis on overseas expansion and supply chain finance.Overall,local supply chains equip Chinese firms with the necessary tools for innovationdriven activities,facilitating a synergy interplay between domestic and global economic flows.Domestic supply chains can effectively mitigate the low-end lock-in"risk facing Chinese enterprises while integrating into global value chains.Drawing from the strategy of double development dynamic,we rigorously explored how Chinese firms could use local supply chain strengths to navigate and overcome the risk.This analysis is vital for overcoming governance dilemmas in global value chains and catalyzing the restructuring of domestic value chains for high-quality economic development,and carries significant policy implications.This study advances existing literature in three key ways.First,it merges theories on local supply chain networks with global value chain discourse,and has established a theoretical framework that supports synergistic innovations between these two elements.Second,using micro-level data,we empirically examined the interplay between domestic supply chains and global value chains,offering a new perspective on the double development dynamic.Lastly,the study proposes theoretical mechanisms and strategy implementation recommendations based on the characteristics of local supply chains to tackle"low-end lockin",providing countermeasures for Chinese firms aiming to break these constraints.