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The impact of “Made in China 2025” on innovation behavior in China‘s manufacturing industry-Based on the perspective of systems theory

Published: 29 May 2024 Publication History

Abstract

The paper takes the Made in China 2025 strategy and its impact on Chinese manufacturing enterprises as an open system, using data from A-share listed companies in 2015 and 2017 as research objects, and chooses the DID model to test the impact of Made in China 2025 strategy on enterprise innovation. This paper finds that implementing the Made in China 2025 strategy can affect the innovation behavior of Chinese manufacturing enterprises, but it will have different impacts due to different stages of enterprise innovation. The dispensation of this strategy is negatively correlated with research and development intensity, but significantly positively correlated with innovation performance. This paper plays an important role in how China's manufacturing industry can leverage the "east wind" of policies to more effectively improve enterprise research and enhance innovative development.

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  1. The impact of “Made in China 2025” on innovation behavior in China‘s manufacturing industry-Based on the perspective of systems theory

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    BDEIM '23: Proceedings of the 2023 4th International Conference on Big Data Economy and Information Management
    December 2023
    917 pages
    ISBN:9798400716669
    DOI:10.1145/3659211
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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    Association for Computing Machinery

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    Published: 29 May 2024

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