The MNCs' GVCs Mode And The Route Selection Of Chinese Corperation's Innovation Strategy

With development of economic globalization, worldwide trade and investment have become more and more popular. At the same time, the structure of international division has been accelerated, and division among different industries has turned to inter-industry division and inter-product division. This makes taches of value creation disperse in different countries and areas and global value chains gradually formed and developed. Global value chains offer opportunities for Chinese enterprises to engage in worldwide taches of value creation and to improve their industrial international competitiveness. However, Chinese enterprises are largely integrated in global value chains from the low roads, which are the low value added activities of global value chains. This way of entering global value chains benefit the process upgrading and product upgrading of the Chinese enterprises, but the function upgrading won't happen under the barriers set by global leading firms.Therefore, this thesis focus on the issue of innovation strategy and the entering of our enterprises into the global value chains, even the criterion of the choice of innovation strategy, which is based on the GVCs. This criterion describes a route that Chinese enterprises may choose, which is based by the Chinese enterprises'capacity and status in international competition. Hereby, it puts forward correlative policy suggestions.