The Development Of China's Modern Logistics Industry, Research, And Institutional Innovation

Modern logistics industry is an important area of international competition, and there is a consensus that modern logistics industry should be developed vigorously in all countries around the world. The development of modern logistics industry has many characteristic features and rules which are different from traditional industries. Modern logistics industry is a burgeoning industry, which is based on modern science and technology; it is a process of integration of information technology, assets reorganization of property relations, and industries reconstruction of organization relations. To speed up the development of an industry, not only will it be necessary of having stimulation and pull of fast and steady growth in market demands, but also having an efficient system of market transactions and the institutional environment with cost-effective market transactions. The modern logistics industry, which is under the conditions of socialist market economy, is also facing this problem. China's logistics industry is facing both unprecedented opportunities and problems of premature arrangements of institutions, as a result of the development of the imperfect institutional environment. During the periods of China economic system transition, the institutions not only provide a macro-institutional environment for the development of modern logistics industry, but also become an endogenous variable in the development of modern logistics industry. As a means of resources allocation, the system determines the use of human capital and the overall level of technology, and system innovation fundamentally determines the development of modern logistics industry's direction and path.This dissertation, under the guidance of the theory of Marxism, draws on the experience of scientific components of western innovation theories and institutional economics, reveals the special role and the important status of the system in the development of modern logistics industry, and explores the rules and characteristics of the development of modern logistics industry and institutional innovation. The author studies on enacting specific rules to ensure that behavioral actor play its role in innovation activities. And the author also studies on the development of modern logistics industry and institutional innovation from the multi-disciplinary viewpoint, by comprehensive use of Marxist economics, new institutional economics, industrial economics, management and other disciplines' research methods, in order to reach a new depth of theoretical research by new theoretical approaches.The theory of dialectical relationship between the technological innovation and institutional innovation in Marxism, and the theory of influence between technological innovation and institutional innovation demonstrate that technological innovation and institutional innovation are two inseparable aspects, interacting on each other. In order to achieve sustainable development, a country as well as an enterprise must go in for technological innovation and institutional innovation at the same time, and get them into a virtuous circle. The basic principle of productive forces and production relations of Marxism tells us that science and technology are thought to be important risk factors in the development of productive forces and socio-economics, so technological innovation plays a more important role in economic development, compared with institutional innovation. At the same time, the institution and institutional innovation are relatively independent, and they play important dynamic roles in technological innovation. In the long run, technological innovation will promote institution innovation, and institution innovation will ensure the important role of technological innovation. Therefore, we should pay attention to the rules and features of technological innovation in the process of institutional innovation, and make full use of the results of technological innovation, then jointly promote the development of modern logistics industry.Logistics is essentially a continued process of material production in the circulation department. Logistics industry is the sum of similar economic organizations, which get the provision of logistics services as their main products. This paper attempts to analyze the meaning of modern logistics industry in the perspective of technological innovation and institutional innovation, modern logistics industry is a burgeoning industry which is based on modern science and technology, in the perspective of technological innovation. Firstly, the technology-based change in labor process; secondly, the change of working methods (the division in collaboration), then the change of working means, all of these changes enable the functions of logistics such as transport, storage, distribution processing, packaging, distribution, etc., to integrate into the form of the third-party logistics, which is the main body of the modern logistics industry. Modern logistics industry is a burgeoning industry, which is based on assets reorganization of property relations and industries reconstruction of organization relations, in the perspective of institutional innovation. Firstly, the new forms of business organizations; secondly, the reform of property rights; thirdly, the change of corporate governance; finally the new formation of value sharing and distribution relations. Modern logistics industry, as the productive service industry, plays a leading role in the socio-economic development, and it can reduce logistics costs in society, improve economic efficiency, and promote the change of economic development.The development of modern logistics industry has the features of induced demanding for services, functioning of the integration, high-coupling of industry-relations, knowledge, high technology and capital-intensive, the competitive market environment, the guidance of industrial policies, and the specialty of development environment, and so on. According to the status changes of modern logistics industry in the entire economic system, the author makes the analysis of the functional status changes; these triple economic functions are serving economy, connecting economy and regulating economy, and the paper points out that the driving force for the development of modern logistics industry evolution is the needs of social division of labor and specialization, saving transaction costs, improving enterprise core competitiveness and enhancing effectiveness of logistics market, then finally gets the conclusions of the three paths of modern logistics industry development, which are the technology-leading path, demand-induced path and system promotion path.Market, technology and competitive conditions all constitute the conditions of the survival and development of logistics industry. The analysis on the conditions for logistics industry development and institutional factors is the starting point of our studies on logistics industry development and institution innovation. The development of modern logistics industry is the integration process of mergers and acquisitions of industrial organization, including the core business of third-party logistics enterprises, and related transportation and businesses, warehousing enterprises; and it is the integration process of the physical resource-clusters, including transport networks, storage facilities, and information management network; and it is the integration process of industry functions, including the coalition of transport, storage, warehousing, distribution, circulation, with the main part of integrated logistics service. The development of modern logistics industry is a dynamic process, which is based on labor division, led by collaboration, with the objective of improvement of the degree of organization, improvement of external coordination, and the transformation of industrial organization, industry coordination in space and space layout rationalization. In order to facilitate the smooth realization of the dynamic process, it requires a series of institutional arrangements for the formation of the corresponding structure of the system. The paper highlights the role of institution innovation in the promotion of logistics industry development, on the basis of the analysis of the development of modern logistics industry; and it shows that the basic reason for success of developed countries' logistics industry is the collaborative institution in the process of institution innovation, and institution defects are the main factor that have hindered the development of modern logistics industry, then gets the revelations that is useful to China's logistics industry development, by analyzing the institution practice of modern logistic development in developed countries.Finally, in perspective of the development of modern logistics industry, this dissertion deeply makes a new consideration of institutional innovation, and innovatively offers the way how to promote China's modern logistics industry and improve the performance of logistics industry. At macro level of government what is should be done is to create institutional environment of modern logistics industries; at intermediate level of industries what is should be done is to offer the driving forces and to create business environment; at micro level of enterprises what is should be done is to create the main body and innovational mechanism of multi-level dynamic institution.