Research On The Impact Of Manufacturing Servitization On Manufacturing Productivity

With the deep restructuring of the "global value chain" and the prosperity of the digital economy,the service economy has made unprecedented progress.Service factors gradually dominate the global production network,promoting the shift of the focus of the manufacturing industry to the service field,and the servitization of manufacturing has become the core mode of industrial interaction,which is an important boost to realize the deep integration of advanced service elements and new industrialization and promote the high-quality development of the manufacturing industry.At present,the growth rate of the "three new" economies related to service-oriented manufacturing is much higher than the growth rate of the overall economy.China’s "2019 Government Work Report" also takes "promoting the integrated development of advanced manufacturing and modern service industries,and accelerating the construction of a manufacturing power" as an important strategic goal.The transformation and upgrading of manufacturing industry has pointed out the direction for solving the current problem of low productivity in China’s manufacturing industry,and the servitization of manufacturing can effectively promote the improvement of manufacturing productivity,which is a necessary path to promote the development of China’s manufacturing and service industries.At present,the academic circles have not reached a unified conclusion on the relationship between manufacturing servitization and manufacturing productivity.Based on combing domestic and foreign literature,this paper summarizes the relevant research on manufacturing servitization,manufacturing productivity and the relationship between the two,as well as the current mainstream measurement methods at home and abroad.Secondly,based on relevant theoretical research,this paper proposes multiple influence mechanisms of manufacturing servitization on manufacturing productivity.Furthermore,empirical testing and analysis are carried out based on the horizontal measurement results and related impact mechanisms.Finally,relevant policy recommendations are made based on the results obtained.Its main points and conclusions are as follows:First,the servitization of manufacturing can directly affect manufacturing productivity,that is,there is a direct impact mechanism;Manufacturing productivity can be affected through three intermediary paths: industrial structure optimization,technological innovation and resource allocation,that is,there is an intermediary influence mechanism;It is also constrained by its own level of servitization and the development level of digital economy,that is,there is a threshold constraint mechanism.Second,China’s manufacturing service level is now in a leading position among developing countries,but there is still a certain gap with developed countries.In addition,China’s manufacturing productivity level is still low,with a significant gap with some developing and developed countries.Third,based on China’s provincial panel data,it is found that the servitization of manufacturing has significantly promoted the improvement of China’s manufacturing productivity;Among them,the servitization of manufacturing under the low-technology-intensive manufacturing sample has a more significant impact than that of the high-technology-intensive manufacturing sample,that is,there is industry heterogeneity;The degree of influence of the level of manufacturing servitization on its productivity in different regions also shows different stage characteristics,that is,there is regional heterogeneity.In addition,in terms of intermediary effect testing,technological innovation and resource allocation have an intermediary role in promoting manufacturing productivity improvement in manufacturing servitization,while the industrial structure optimization path does not have an intermediary role.Fourth,in the sample of 40 countries around the world,the improvement of the level of manufacturing servitization has significantly promoted the improvement of manufacturing productivity in both developed and developing countries,that is,there is no national heterogeneity;Improving technological innovation capabilities and optimizing resource allocation are still two important intermediary channels.In addition,the impact of manufacturing servitization on the improvement of global manufacturing productivity has a threshold constraint effect on its own manufacturing service level,and the digital economy development level has a double threshold effect in developed countries and a single threshold effect in developing countries.