This paper employs system dynamics to explore how the synergy between technology management and technological capability affects new product development.The results show that the synergy between technology management ...This paper employs system dynamics to explore how the synergy between technology management and technological capability affects new product development.The results show that the synergy between technology management and technological capability has positive impact on new product development.Moreover, the leading synergy processes between technology management and technological capability in different new product development stages are different.This paper deepens the theoretical understanding of how to achieve new product development, and also provides useful guidance for firms to implement new product development.展开更多
China is a large developing country with rapid growth rate. To the year 2050, its electric power will be increased by six to eight times, reaching 1.5—1.8 TW total installed capacity. The development can not only rel...China is a large developing country with rapid growth rate. To the year 2050, its electric power will be increased by six to eight times, reaching 1.5—1.8 TW total installed capacity. The development can not only rely on the existing technology, it is crucial to accelerate the new technology development. This article discusses the perspective of various new technologies from the available energy resources and the required increase of electric power.展开更多
On December 9, 2014 the scientific research project "Developmentand commercial application of technology forultra-deep HDS of diesel (RTS)" jointly performed bythe SINOPEC Research Institute of Petroleum Processin...On December 9, 2014 the scientific research project "Developmentand commercial application of technology forultra-deep HDS of diesel (RTS)" jointly performed bythe SINOPEC Research Institute of Petroleum Processing(RIPP), the Yanshan Petrochemical Branch Company(YPBC), the Maoming Petrochemical Branch Companyand the Guangzhou Petrochemical Branch Company haspassed in Beijing the technical appraisal organized by theScience and Technology Division of the Sinopec Corp.展开更多
Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufact...Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufacturing firms,no study has concretely focused on Korean ICT(Information and Communications Technology)firms and their FFE activities.The main aim of this study is to identify the activities of these firms during their FFE and provide managerial insights into the other ICT firms.The authors conducted a survey(106 valid responses)that their FFE activities on new product development project managers in Korean ICT firms.The results showed that even though new product development managers of Korean ICT firms did not search for ideas systemically,they communicated with those departments/divisions that had frequent interaction with customers for idea assessment,with the active involvement of middle-or higher-level managers.They thoroughly established initial plans in the pre-development stages and seriously analyzed competitors’products and direct and indirect customer interactions in their market survey activities.展开更多
I.IntroductionIt is well known that China is rich in natural resources of tungsten.Before 1949 there was al-most no tungsten industry in our country except mining and ore dressing.Tremendous changeshave taken place af...I.IntroductionIt is well known that China is rich in natural resources of tungsten.Before 1949 there was al-most no tungsten industry in our country except mining and ore dressing.Tremendous changeshave taken place after 1949.We have built our metallurgical industry of tungsten.Especially start-ing from the last decade much progress has been made not only in production technologies and展开更多
The State Science and Technology Commission, State Economic and Trade Commission, and State Planning Commission of China have jointly worked out the Program for the Development of Chinese New and Renewable Energy rece...The State Science and Technology Commission, State Economic and Trade Commission, and State Planning Commission of China have jointly worked out the Program for the Development of Chinese New and Renewable Energy recently.展开更多
During the evolution of the global economic, high and new technology industry has become the main driver to impel the global economy growth via technological advancement, and the main means to guarantee the sustainabl...During the evolution of the global economic, high and new technology industry has become the main driver to impel the global economy growth via technological advancement, and the main means to guarantee the sustainable development of the global economy. In the view of China’s situation, this article analyzes the experiences of OECD in high and new technology industry and gives a statistics index system along with the evaluation method to estimate the development of high and new technology industry.展开更多
This study aims to evaluate the crowdfunding alternatives regarding new service development process pathways of clean energy investment projects.In this framework,a new model has been generated by considering the cons...This study aims to evaluate the crowdfunding alternatives regarding new service development process pathways of clean energy investment projects.In this framework,a new model has been generated by considering the consensus-based group decisionmaking with incomplete preferences,Pythagorean fuzzy decision-making trial and evaluation laboratory(DEMATEL)and technique for order preference by similarity to ideal solution(TOPSIS).Moreover,a comparative evaluation has been performed with Vise Kriterijumska Optimizacija I.Kompromisno Resenje methodology and sensitivity analysis has been made by considering 4 different cases.The main contribution is to identify appropriate crowdfunding-based funding alternatives for the improvement of the clean energy investments with a novel MCDM model.By considering the iteration technique and consensus-based analysis,the missing parts in the evaluations can be completed and opposite opinion problems can be reduced.Furthermore,with the help of hybrid MCDM model by combining DEMATEL and TOPSIS,more objective results can be reached.It is concluded that the analysis results are coherent and reliable.The findings indicate that the full launch is the most significant criterion for equity and debt-based crowdfunding alternatives.On the other side,the analysis has the highest weight for reward and donation-based alternatives whereas design is the most essential item regarding the royalty-based alternative.Additionally,it is also defined that equity-based crowdfunding alternative is the most significant for the service development process of clean energy investment projects.In this way,it will be possible to provide a continuous resource for clean energy investment projects.On the other hand,by providing financing with equity,there will be no fixed financing cost for clean energy investors.If these investors make a profit,they distribute dividends with the decision of their authorized bodies.展开更多
Salt culture is the main component of traditional culture in Zigong,Sichuan.With centuries of history,it has accumulated rich cultural connotations.At present,Zigong salt culture,as a precious traditional cultural wea...Salt culture is the main component of traditional culture in Zigong,Sichuan.With centuries of history,it has accumulated rich cultural connotations.At present,Zigong salt culture,as a precious traditional cultural wealth,has taken cultural and creative industries as a new carrier of communication in the rapid development of digital new media technology,giving full play to the resource advantages of its traditional culture.This article focuses on the study of the development path of Zigong salt cultural and creative industry in the new digital media era.Combining digital new media technology with cultural and creative industries,Zigong salt culture actively uses virtual technology to realize the innovative development of cultural and creative industries,promote the cultivation of cultural and creative brands based on digital new media technology.This article aims to give relevant strategies with reference value,so as to make corresponding contributions to the development path of Zigong salt culture in the future.展开更多
In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiv...In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiveness, analyzing the role of expertise, and identifying the major role of expertise and insight with respect to the interfaces between a new product, an organization, customers, technologies and regulations, for the study of the effective decision-making facilitators and inhibitors for a NPD project. The analysis of the unique task conditions for individual decision-makers shows that perceived complexity, uncertainty and time pressure have their negative effect on the effective decision-making process. It is concluded that the flexible, balanced and appropriate use of rational analysis, common sense and intuition is a key effective decision-making factor, and the psychologically ‘active attitude’ of a manager is also an important factor for successful dealing with the difficult task conditions.展开更多
The fourth industrial revolution of human society is also known as the"world's new technological revolution,"which has brought human society into the information age and has had an extremely important im...The fourth industrial revolution of human society is also known as the"world's new technological revolution,"which has brought human society into the information age and has had an extremely important impact on economic development and educational reform.In the information age,economic development and wealth creation are dominated by the acquisition,mastery,distribution,and utilization of information instead of capital.Therefore,the cultivation of talents is very important,and educational reform is imperative with the rise of the world's new technological revolution.展开更多
The fourth industrial revolution of human society is also known as the“world’s new technological revolution,”which has brought human society into the information age and has had an extremely important impact on eco...The fourth industrial revolution of human society is also known as the“world’s new technological revolution,”which has brought human society into the information age and has had an extremely important impact on economic development and educational reform.In the information age,economic development and wealth creation are dominated by the acquisition,mastery,distribution,and utilization of information instead of capital.Therefore,the cultivation of talents is very important,and educational reform is imperative with the rise of the world’s new technological revolution.展开更多
Hot dip galvanized product is widely used in architecture, household electric appliance, ship vehicle, vessel, mechano-electronic device and other fields including clothing, food, housing, and travel. The history, dev...Hot dip galvanized product is widely used in architecture, household electric appliance, ship vehicle, vessel, mechano-electronic device and other fields including clothing, food, housing, and travel. The history, development, market need, and technological advancement of hot dip galvanized strip, production situation, and development tendency in China are briefly introduced. The fact that it is necessary to build new and auto galvanized strip line with the development of the iron and steel industry in China.展开更多
According to growth pole theory, this paper puts forward that when allocating regional science and technology (S&T) innovation resources based on S&T program, should abide the principle that important area rec...According to growth pole theory, this paper puts forward that when allocating regional science and technology (S&T) innovation resources based on S&T program, should abide the principle that important area receives priority support; Meanwhile, it designs method to ascertain district S&T advantage and S&T innovation resources utilizing efficiency as well as S&T developing speed by using component analysis and DEA method, and then constructs three-dimension selecting model,by which a positive research on Heilongjiang is made, the purpose of which is to offer scientific method support and decision-making foundation for making regional S&T program.展开更多
In comparison with copper processing industrial leader Furukawa Electric Co., Ltd., Chinese copper processing industry faces many shortcomings and difficulties including but not limited to outdated equipment and techn...In comparison with copper processing industrial leader Furukawa Electric Co., Ltd., Chinese copper processing industry faces many shortcomings and difficulties including but not limited to outdated equipment and technologies, low degree of specialization, and unstable product quality. The review of Furukawa Electric’s development milestones reveals that Chinese copper processing industry has reached a stage in which it must rely on technological research and development (R & D) to promote sustainable productivity. Chinese copper processing firms have to invest in R & D to promote sustainable technological innovations and to improve the precisions of business practice in order to ensure the firms’ improvement.展开更多
Curriculum has achieved a varied record of success in influencing health based practices and developing professional skills. Designing and implementing an effective radiologic technology educational program curriculum...Curriculum has achieved a varied record of success in influencing health based practices and developing professional skills. Designing and implementing an effective radiologic technology educational program curriculum requires a disciplined pedagogical approach where the instructor performs a thorough situational analysis, develops a theory based and pragmatic learning plan, and implements a course of study in accordance with the established educational guidelines and requirements. Diligent efforts are needed to enhance the relationship amongst curriculum developers and evaluators. The collection of information at the formative stage: followed by process evaluation to assess implementation as the curriculum progresses, and summative evaluation to assess impact is required for accreditation of program in the United States by the Joint Review Committee for Education in Radiologic Technology. Formative evaluation research is used to enhance effectiveness of the curriculum, guide development of teaching and learning strategies, and reveal promising and ineffective components of curriculum. This review of literature provides evidence as to what is considered to be the best practice in the program evaluation/accreditation process.展开更多
Based on the general high-quality development requirements for railway construction in the new era,combined with the new concept of railway passenger stations of China State Railway Group Co.Ltd,namely"being well...Based on the general high-quality development requirements for railway construction in the new era,combined with the new concept of railway passenger stations of China State Railway Group Co.Ltd,namely"being well-connected,fully-integrated,environmeni-friendlypassenger-oriented,economically-efficient,culturally-rich,intelligent and convenient"and aiming at the construction of exemplary passenger station projects,this paper summarizes the construction experience in construction,decoration furnishing culture and art expression of railway passenger stations,proposes the working patterns of formulating the implementation plans of exemplary railway passenger station projects and the expert reviews in innovative way studies and forms 6 special-subject designs such as for colorshape,space,environment,art and culture,as wellas the specific design requirements for 13 key areas including waiting hall entrance and exit corridor;VIP room,etc.,and summarizes and puts forward the construction management system of railway passenger stations in the new era,so as to ensure the expected exemplary project quality of railway passenger stations.展开更多
Green technology innovation meets the dual expectation of innovative development and green development perspectives.Under the canonical demand-pull and policy-push theories,a long-term mechanism for green technology i...Green technology innovation meets the dual expectation of innovative development and green development perspectives.Under the canonical demand-pull and policy-push theories,a long-term mechanism for green technology innovation could be formed through upstream policy push and downstream demand-pull.Leveraging China's regional carbon emission trading scheme pilots as a quasi-natural experiment,this paper examines the policy-push and demand-pull effects on innovation in renewable energy patents.The data pertain to the city-level renewable energy patents from 2000 to 2020.Based upon the triple difference-in-difference method,results suggest that both policy-push and demandpull factors exert positive effects on innovation.This paper further explores the practical and theoretical implications of green technology innovation under the new development perspective.展开更多
Since the global financial crisis,global value chain(GVC)have been contracting amid the trend toward economic de-globalization.With GVC participation rate in mind as the core indicator of economic de-globalization,in ...Since the global financial crisis,global value chain(GVC)have been contracting amid the trend toward economic de-globalization.With GVC participation rate in mind as the core indicator of economic de-globalization,in this paper we create a multi-country general equilibrium model to characterize the mechanism by which manufacturing localization affects GVC participation rate.Our theoretical derivation shows that changes in the local manufacturing status of final products in various countries directly influence the GVC participation rate of those countries.When the local proportion of a country’s final products reaches a certain level,rising local proportion of intermediate inputs,economic growth below the world average level,and technology progress all cause the country’s GVC participation rate to decline,giving rise to de-globalization at the manufacturing and trade levels.We further provide a comprehensive interpretation based on an empirical test of the deep-seated causes of economic de-globalization in relation to such economic phenomena as increasing trade concentration,the“technology backlash”effect of the new industrial revolution,and economic growth driven by the combined forces of trade protectionism and quantitative easing.展开更多
基金supported by the Heilongjiang Philosophy and Social Science Research Project (19GLB087)。
文摘This paper employs system dynamics to explore how the synergy between technology management and technological capability affects new product development.The results show that the synergy between technology management and technological capability has positive impact on new product development.Moreover, the leading synergy processes between technology management and technological capability in different new product development stages are different.This paper deepens the theoretical understanding of how to achieve new product development, and also provides useful guidance for firms to implement new product development.
文摘China is a large developing country with rapid growth rate. To the year 2050, its electric power will be increased by six to eight times, reaching 1.5—1.8 TW total installed capacity. The development can not only rely on the existing technology, it is crucial to accelerate the new technology development. This article discusses the perspective of various new technologies from the available energy resources and the required increase of electric power.
文摘On December 9, 2014 the scientific research project "Developmentand commercial application of technology forultra-deep HDS of diesel (RTS)" jointly performed bythe SINOPEC Research Institute of Petroleum Processing(RIPP), the Yanshan Petrochemical Branch Company(YPBC), the Maoming Petrochemical Branch Companyand the Guangzhou Petrochemical Branch Company haspassed in Beijing the technical appraisal organized by theScience and Technology Division of the Sinopec Corp.
文摘Although previous studies on Korean manufacturing firms have empirically analyzed the causal relationship between activities during the FFE(Fuzzy Front End)and success of NPD(New Product Development)of Korean manufacturing firms,no study has concretely focused on Korean ICT(Information and Communications Technology)firms and their FFE activities.The main aim of this study is to identify the activities of these firms during their FFE and provide managerial insights into the other ICT firms.The authors conducted a survey(106 valid responses)that their FFE activities on new product development project managers in Korean ICT firms.The results showed that even though new product development managers of Korean ICT firms did not search for ideas systemically,they communicated with those departments/divisions that had frequent interaction with customers for idea assessment,with the active involvement of middle-or higher-level managers.They thoroughly established initial plans in the pre-development stages and seriously analyzed competitors’products and direct and indirect customer interactions in their market survey activities.
文摘I.IntroductionIt is well known that China is rich in natural resources of tungsten.Before 1949 there was al-most no tungsten industry in our country except mining and ore dressing.Tremendous changeshave taken place after 1949.We have built our metallurgical industry of tungsten.Especially start-ing from the last decade much progress has been made not only in production technologies and
文摘The State Science and Technology Commission, State Economic and Trade Commission, and State Planning Commission of China have jointly worked out the Program for the Development of Chinese New and Renewable Energy recently.
文摘During the evolution of the global economic, high and new technology industry has become the main driver to impel the global economy growth via technological advancement, and the main means to guarantee the sustainable development of the global economy. In the view of China’s situation, this article analyzes the experiences of OECD in high and new technology industry and gives a statistics index system along with the evaluation method to estimate the development of high and new technology industry.
基金This work is supported by the project of Sichuan county economic development research center of Sichuan provincial key research base of social sciences,"research on the coordination mechanism of county economic,ecological and social coupling development of giant panda national park"(xy2020034)the social science special research project of Sichuan agricultural university"research on innovation of modern urban agricultural development mode"(035/03571600).
文摘This study aims to evaluate the crowdfunding alternatives regarding new service development process pathways of clean energy investment projects.In this framework,a new model has been generated by considering the consensus-based group decisionmaking with incomplete preferences,Pythagorean fuzzy decision-making trial and evaluation laboratory(DEMATEL)and technique for order preference by similarity to ideal solution(TOPSIS).Moreover,a comparative evaluation has been performed with Vise Kriterijumska Optimizacija I.Kompromisno Resenje methodology and sensitivity analysis has been made by considering 4 different cases.The main contribution is to identify appropriate crowdfunding-based funding alternatives for the improvement of the clean energy investments with a novel MCDM model.By considering the iteration technique and consensus-based analysis,the missing parts in the evaluations can be completed and opposite opinion problems can be reduced.Furthermore,with the help of hybrid MCDM model by combining DEMATEL and TOPSIS,more objective results can be reached.It is concluded that the analysis results are coherent and reliable.The findings indicate that the full launch is the most significant criterion for equity and debt-based crowdfunding alternatives.On the other side,the analysis has the highest weight for reward and donation-based alternatives whereas design is the most essential item regarding the royalty-based alternative.Additionally,it is also defined that equity-based crowdfunding alternative is the most significant for the service development process of clean energy investment projects.In this way,it will be possible to provide a continuous resource for clean energy investment projects.On the other hand,by providing financing with equity,there will be no fixed financing cost for clean energy investors.If these investors make a profit,they distribute dividends with the decision of their authorized bodies.
基金The Key Research Base of Humanities and Social Sciences in Sichuan Province-Project Funded by China Salt Culture Research Center of Sichuan University of Science&Engineering,(No.:YWHY18-06)。
文摘Salt culture is the main component of traditional culture in Zigong,Sichuan.With centuries of history,it has accumulated rich cultural connotations.At present,Zigong salt culture,as a precious traditional cultural wealth,has taken cultural and creative industries as a new carrier of communication in the rapid development of digital new media technology,giving full play to the resource advantages of its traditional culture.This article focuses on the study of the development path of Zigong salt cultural and creative industry in the new digital media era.Combining digital new media technology with cultural and creative industries,Zigong salt culture actively uses virtual technology to realize the innovative development of cultural and creative industries,promote the cultivation of cultural and creative brands based on digital new media technology.This article aims to give relevant strategies with reference value,so as to make corresponding contributions to the development path of Zigong salt culture in the future.
文摘In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiveness, analyzing the role of expertise, and identifying the major role of expertise and insight with respect to the interfaces between a new product, an organization, customers, technologies and regulations, for the study of the effective decision-making facilitators and inhibitors for a NPD project. The analysis of the unique task conditions for individual decision-makers shows that perceived complexity, uncertainty and time pressure have their negative effect on the effective decision-making process. It is concluded that the flexible, balanced and appropriate use of rational analysis, common sense and intuition is a key effective decision-making factor, and the psychologically ‘active attitude’ of a manager is also an important factor for successful dealing with the difficult task conditions.
文摘The fourth industrial revolution of human society is also known as the"world's new technological revolution,"which has brought human society into the information age and has had an extremely important impact on economic development and educational reform.In the information age,economic development and wealth creation are dominated by the acquisition,mastery,distribution,and utilization of information instead of capital.Therefore,the cultivation of talents is very important,and educational reform is imperative with the rise of the world's new technological revolution.
文摘The fourth industrial revolution of human society is also known as the“world’s new technological revolution,”which has brought human society into the information age and has had an extremely important impact on economic development and educational reform.In the information age,economic development and wealth creation are dominated by the acquisition,mastery,distribution,and utilization of information instead of capital.Therefore,the cultivation of talents is very important,and educational reform is imperative with the rise of the world’s new technological revolution.
基金Item Sponsored by National Fundamental Research and Development Plan of China (G2000067208-4)
文摘Hot dip galvanized product is widely used in architecture, household electric appliance, ship vehicle, vessel, mechano-electronic device and other fields including clothing, food, housing, and travel. The history, development, market need, and technological advancement of hot dip galvanized strip, production situation, and development tendency in China are briefly introduced. The fact that it is necessary to build new and auto galvanized strip line with the development of the iron and steel industry in China.
基金Sponsored by National Natural Science Foundation of China (Grant No 70473020)the Science and Technology Research Project of Heilongjiang Province (Grant No GC06J404)Natural Science Foundation of Heilongjiang (Grant No G200608)80
文摘According to growth pole theory, this paper puts forward that when allocating regional science and technology (S&T) innovation resources based on S&T program, should abide the principle that important area receives priority support; Meanwhile, it designs method to ascertain district S&T advantage and S&T innovation resources utilizing efficiency as well as S&T developing speed by using component analysis and DEA method, and then constructs three-dimension selecting model,by which a positive research on Heilongjiang is made, the purpose of which is to offer scientific method support and decision-making foundation for making regional S&T program.
文摘In comparison with copper processing industrial leader Furukawa Electric Co., Ltd., Chinese copper processing industry faces many shortcomings and difficulties including but not limited to outdated equipment and technologies, low degree of specialization, and unstable product quality. The review of Furukawa Electric’s development milestones reveals that Chinese copper processing industry has reached a stage in which it must rely on technological research and development (R & D) to promote sustainable productivity. Chinese copper processing firms have to invest in R & D to promote sustainable technological innovations and to improve the precisions of business practice in order to ensure the firms’ improvement.
文摘Curriculum has achieved a varied record of success in influencing health based practices and developing professional skills. Designing and implementing an effective radiologic technology educational program curriculum requires a disciplined pedagogical approach where the instructor performs a thorough situational analysis, develops a theory based and pragmatic learning plan, and implements a course of study in accordance with the established educational guidelines and requirements. Diligent efforts are needed to enhance the relationship amongst curriculum developers and evaluators. The collection of information at the formative stage: followed by process evaluation to assess implementation as the curriculum progresses, and summative evaluation to assess impact is required for accreditation of program in the United States by the Joint Review Committee for Education in Radiologic Technology. Formative evaluation research is used to enhance effectiveness of the curriculum, guide development of teaching and learning strategies, and reveal promising and ineffective components of curriculum. This review of literature provides evidence as to what is considered to be the best practice in the program evaluation/accreditation process.
文摘Based on the general high-quality development requirements for railway construction in the new era,combined with the new concept of railway passenger stations of China State Railway Group Co.Ltd,namely"being well-connected,fully-integrated,environmeni-friendlypassenger-oriented,economically-efficient,culturally-rich,intelligent and convenient"and aiming at the construction of exemplary passenger station projects,this paper summarizes the construction experience in construction,decoration furnishing culture and art expression of railway passenger stations,proposes the working patterns of formulating the implementation plans of exemplary railway passenger station projects and the expert reviews in innovative way studies and forms 6 special-subject designs such as for colorshape,space,environment,art and culture,as wellas the specific design requirements for 13 key areas including waiting hall entrance and exit corridor;VIP room,etc.,and summarizes and puts forward the construction management system of railway passenger stations in the new era,so as to ensure the expected exemplary project quality of railway passenger stations.
基金sponsored by the project “Economic and Environmental Assessment of Carbon Emission Trading Scheme:Theory and Evidence from China Firm-Level Data”(No. 72073055) of the National Natural Science Foundation of ChinaQinglan Project of Jiangsu Province
文摘Green technology innovation meets the dual expectation of innovative development and green development perspectives.Under the canonical demand-pull and policy-push theories,a long-term mechanism for green technology innovation could be formed through upstream policy push and downstream demand-pull.Leveraging China's regional carbon emission trading scheme pilots as a quasi-natural experiment,this paper examines the policy-push and demand-pull effects on innovation in renewable energy patents.The data pertain to the city-level renewable energy patents from 2000 to 2020.Based upon the triple difference-in-difference method,results suggest that both policy-push and demandpull factors exert positive effects on innovation.This paper further explores the practical and theoretical implications of green technology innovation under the new development perspective.
基金the major project under the National Social Science Fund of China (NSSFC)“Advancing New-Type Industrialization and the Optimization and Upgrade of the Economic System” for interpreting the spirit of the Fifth Plenary Session of the 19th Communist Party of China (CPC) Central Committee (21ZDA021)and the Innovation Project of the Chinese Academy of Social Sciences (CASS),“Study on the High-Quality Development of Emerging Industries.”
文摘Since the global financial crisis,global value chain(GVC)have been contracting amid the trend toward economic de-globalization.With GVC participation rate in mind as the core indicator of economic de-globalization,in this paper we create a multi-country general equilibrium model to characterize the mechanism by which manufacturing localization affects GVC participation rate.Our theoretical derivation shows that changes in the local manufacturing status of final products in various countries directly influence the GVC participation rate of those countries.When the local proportion of a country’s final products reaches a certain level,rising local proportion of intermediate inputs,economic growth below the world average level,and technology progress all cause the country’s GVC participation rate to decline,giving rise to de-globalization at the manufacturing and trade levels.We further provide a comprehensive interpretation based on an empirical test of the deep-seated causes of economic de-globalization in relation to such economic phenomena as increasing trade concentration,the“technology backlash”effect of the new industrial revolution,and economic growth driven by the combined forces of trade protectionism and quantitative easing.