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E-Commerce Platforms and Innovation of Manufacturing Enterprises:Exploring Innovation-Driven Pathways for the Deep Integration of the Digital Economy and the Real Economy

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E-Commerce Platforms and Innovation of Manufacturing Enterprises:Exploring Innovation-Driven Pathways for the Deep Integration of the Digital Economy and the Real Economy
This paper introduces a theoretical model designed to examine how the presence of manufacturing enterprises on e-commerce platforms impacts their innovation.This paper empirically examines the influence and internal mechanism of manufacturing enterprises'engagement in e-commerce platforms on their innovation,utilizing extremely detailed micro-level enterprise data from the 1688.com e-commerce platform and the China Patent Database for the period from 2002 to 2019.The main results are:(1)Manufacturing enterprises that use e-commerce platforms are much more likely to come up with new ideas;these results are still statistically significant even after using different robustness tests,such as propensity score matching and instrumental variable-based endogeneity treatment.(2)In terms of the influence mechanism,the presence of manufacturing enterprises on e-commerce platforms primarily stimulates their innovation by expanding the market size and facilitating knowledge spillover.(3)Furthermore,an extended analysis based on the innovation network reveals that participation in e-commerce platforms also significantly improves the patent centrality and the number of star patents for manufacturing enterprises.Therefore,this paper provides valuable insights for exploring the innovation-driven pathways for the deep integration of the digital economy and the real economy.

digital economye-commerce platformcorporate innovationknowledge spilloverinnovation network

Lü Yue、CHEN Yongchang、ZHANG Haotian、ZHU Zhujun

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School of International Trade and Economics,University of International Business and Economics,Beijing 100029,China

Academy of Global Innovation & Governance,University of International Business and Economics,Beijing 100029,China

School of Economics & Trade,Hunan University,Changsha 410079,China

PBC School of Finance(PBCSF),Tsinghua University,Beijing100083,China

Research Center for Modern Business,Zhejiang Gongshang University,Hangzhou 310018,China

School of Economics,Zhejiang Gongshang University,Hangzhou 310018,China

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digital economy e-commerce platform corporate innovation knowledge spillover innovation network

2024

10.3868/s060-018-024-0017-5

中国经济学前沿
高等教育出版社

中国经济学前沿

影响因子：0.138
ISSN：1673-3444
年,卷(期)：2024.19(4)