Does global value chain participation and position lead to innovation in an emerging economy? Industry-level evidence from Indian manufacturing industries

IF 10.5 1区管理学 Q1 BUSINESS

Journal of Business Research Pub Date : 2024-09-27 DOI:10.1016/j.jbusres.2024.114989

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引用次数: 0

Abstract

This study examines the relationship between global value chain (GVC) embeddedness (participation and position) and innovation performance in India using data from the TiVA database for 14 manufacturing industries over the period 2009–2018. To account for the endogeneity issue arising due to reverse causality, the study employs a two-step system GMM. Empirical results show that GVC participation and position both significantly positively affect innovation performance, measured by the number of patent applications filed. However, participation has an inverted U-shaped impact. We contribute to the existing literature by further splitting GVC participation into forward and backward participations and finding that only forward GVC participation significantly impacts an emerging country’s innovation performance. These findings suggest that policymakers in emerging countries should prioritize improving GVC position through increased R&D expenditures rather than relying solely on excessive GVC participation for enhancing innovation.

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全球价值链的参与和地位会带来新兴经济体的创新吗？来自印度制造业的行业层面证据

本研究利用 TiVA 数据库中 2009-2018 年间 14 个制造业的数据，研究了全球价值链嵌入度（参与度和地位）与印度创新绩效之间的关系。为考虑反向因果关系导致的内生性问题，研究采用了两步系统 GMM。实证结果表明，全球价值链的参与度和地位都会对以专利申请数量衡量的创新绩效产生显著的正向影响。然而，参与度的影响呈倒 U 型。我们进一步将全球价值链参与分为前向参与和后向参与，发现只有前向全球价值链参与对新兴国家的创新绩效有显著影响，从而为现有文献做出了贡献。这些发现表明，新兴国家的政策制定者应优先考虑通过增加研发支出来提高全球价值链地位，而不是仅仅依靠过度参与全球价值链来提高创新能力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Business Research BUSINESS-

CiteScore

20.30

自引率

10.60%

发文量

956

期刊介绍： The Journal of Business Research aims to publish research that is rigorous, relevant, and potentially impactful. It examines a wide variety of business decision contexts, processes, and activities, developing insights that are meaningful for theory, practice, and/or society at large. The research is intended to generate meaningful debates in academia and practice, that are thought provoking and have the potential to make a difference to conceptual thinking and/or practice. The Journal is published for a broad range of stakeholders, including scholars, researchers, executives, and policy makers. It aids the application of its research to practical situations and theoretical findings to the reality of the business world as well as to society. The Journal is abstracted and indexed in several databases, including Social Sciences Citation Index, ANBAR, Current Contents, Management Contents, Management Literature in Brief, PsycINFO, Information Service, RePEc, Academic Journal Guide, ABI/Inform, INSPEC, etc.