Research on the Function Mechanism of Digital Technology Innovation in Empowering the Deep Integration of Modern Service Industry and Advanced Manufacturing Industry

JIAO Ping; TIAN Ren-xiu

Volume 38 Issue 1

Jan. 2023

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Article Navigation > Journal of Guangdong University of Finance & Economics > 2023 > 38(1): 31-44

JIAO Ping, TIAN Ren-xiu. Research on the Function Mechanism of Digital Technology Innovation in Empowering the Deep Integration of Modern Service Industry and Advanced Manufacturing Industry[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(1): 31-44.

Citation:

JIAO Ping, TIAN Ren-xiu. Research on the Function Mechanism of Digital Technology Innovation in Empowering the Deep Integration of Modern Service Industry and Advanced Manufacturing Industry[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(1): 31-44.

Citation:

JIAO Ping, TIAN Ren-xiu. Research on the Function Mechanism of Digital Technology Innovation in Empowering the Deep Integration of Modern Service Industry and Advanced Manufacturing Industry[J]. Journal of Guangdong University of Finance & Economics, 2023, 38(1): 31-44.

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Research on the Function Mechanism of Digital Technology Innovation in Empowering the Deep Integration of Modern Service Industry and Advanced Manufacturing Industry

Guangdong-Hong Kong-Macao Greater Bay Area "Dual Circulation" Development Institute, Guangdong University of Finance and Economics, Guangzhou 510320, China

Received Date: 2022-10-12
Available Online: 2023-03-09
Publish Date: 2023-01-28

Abstract

Abstract

The deep integration of the modern service industry and the advanced manufacturing industry is an important way to enhance the core competitiveness of the manufacturing industry, cultivate the modern industrial system, and realize the high-quality development, while digital technology innovation can drive the deep integration of modern service industry and advanced manufacturing industry. Based on the panel data for 30 provinces in 2011-2020, using entropy method and coupling coordination model, the paper measures digital technology innovation level and "two industries" fusion level respectively, and explores direct mechanism and indirect mechanism for the digital technology innovation of modern service industry and advanced manufacturing industry by using multiple linear regression model and intermediary effect model. The findings show thatdigital technology innovation significantly drives the integration of modern service industry and advanced manufacturing industry, still valid after the robustness test; industrial digital industry and digital industrialization is the basic path of modern service industry and advanced manufacturing industry, inducing digital technology innovation to empower the deep integration of modern service industry and advanced manufacturing industry; the promotion effect of digital technology innovation on modern service industry and advanced manufacturing industry is heterogeneous by different regions and industrial structure. Therefore, it is necessary to comprehensively promote the construction of digital technology innovation, improve the quality and efficiency of the integration of the "two industries", accelerate the digitalization of digital industry and digital industrialization, activate the internal impetus of the "two industries" integration, implement the regional development differentiation strategy, and expand the development scale of the "two industries" integration.
- digital technology innovation,
- modern service industry,
- advanced manufacturing industry,
- industrial integration

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References(31)

References

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