| Under the new normal situation of China's economic form,the overall economic growth rate slows down,the driving role of manufacturing industry to the national economy is obviously weakened,and the competitiveness of industry has declined.With the gradual penetration of Internet technology and services,the manufacturing industry and Internet continue to deepen integration,manufacturing industry boundaries are expanding.Competition and production methods change,at the same time,new industrial model and new formats emerge,which makes significant changes in the industrial organization of manufacturing industry.Under this background,studying the degree of integration between manufacturing industry and the Internet,and analyzing the specific impact of manufacturing industry and Internet convergence on industrial organizations will help to drive the organizational change of manufacturing industry,accelerate China's manufacturing quality improvement,and promote economic growth and sustainable development.Firstly,based on the theory of industrial integration and the theory of industrial organization,this paper analyses the mechanism of the influence of manufacturing industry and Internet integration on manufacturing industry organizations.It also measures the degree of integration between the manufacturing industry and the Internet,the concentration of manufacturing market,corporate R&D investment and market performance.The results show that the degree of integration between the manufacturing industry and the Internet is still at a low level whether it is overall or sub-sectors,and the integration degree among sub-sectors is obviously different;the market structure is highly dispersed;the growth rate of R&D investment of enterprises is higher after 2010;and the overall growth rate of market performance is large,but the growth rate has slowed down and tended to be stable in recent years.Secondly,the panel regression method is used to empirically analyze the direct impact of Internet convergence on market structure,R&D investment and market performance.The results show that Internet convergence is positively correlated with the three factors,with impact coefficients of 0.135,0.372 and 0.831,respectively.However,the impact of convergence on market concentration is not significant.Then,through the simultaneous equation model,it is concluded that in a more comprehensive economic system,the effect of Internet convergence on the market structure is not significant;and internet convergence has a significant positive impact on the R&D investment of enterprises;Internet convergence has a certain lag in the improvement of market performance.It reveals that under the influence of Internet convergence,market structure and R&D investment are two-way negative effects,but this impact is not significant;there is a significant two-way positive impact between market structure and market performance;market performance has a significant positive impact on R&D investment of enterprises,and R&D investment has a lagging effect on market performance.Finally,it puts forward relevant policy suggestions from two perspectives: promoting the deep integration of manufacturing industry and Internet and rationalizing industrial organization.The research in this paper analyzes the mechanism of Internet convergence affecting manufacturing industry organizations,and analyzes the effect of Internet convergence on market structure,R&D behavior and market performance.At the same time,it reveals the interactive relationship within the industrial organization under the influence of Internet convergence.Therefore,it makes up for the deficiency of existing literature that only studies the relationship between convergence and individual industrial organization factors,and provides ideas for promoting the rationalization of manufacturing industry organization. |
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