Sustainability, Год журнала: 2024, Номер 17(1), С. 165 - 165
Опубликована: Дек. 28, 2024
Driving the coexistence of manufacturing and producer services by enhancing synergistic effect innovation domestic demand has important practical significance for China in building a new development paradigm with circulation as mainstay dual complement. Based on time-series input–output tables using data from China’s A-share listed companies 2007 to 2022, this paper selects research objects empirically test driving role innovation, demand, their synergy co-development these two industries. The results indicate that positively drive After addressing endogeneity issues conducting multiple robustness checks, remain robust. Heterogeneity analysis reveals is more pronounced emerging enterprises, high-tech small-sized highly competitive enterprises high labor income share. This study provides reliable empirical evidence coordinated enterprise well its economic consequences. They have forming an industrial symbiosis model, promoting Fourth Industrial Revolution, breaking low-end lock-in value chain.
Язык: Английский