Talent Introduction Policies,Optimal Labor Allocation and Manufacturing Intelligence
The report to the 20th National Congress of the Communist Party of China emphasizes the importance of talent-driven development and accelerating the construction of a strong nation through talents.It advocates for actively promoting new industrialization and accelerating the construction of a strong manufacturing nation.With the accelerated transformation and upgrading of the manufacturing industry,the demand of intelligent manufacturing for professional talents has sharply increased.However,China faces a severe shortage of talents related to intelligent manufacturing.Therefore,as talents are considered the primary resource,how to empower the transformation and upgrading of the manufacturing industry and promote high-quality economic development has become a critical issue.This paper uses the talent introduction policies as a quasi-natural experiment,manually collecting data on talent introduction policies issued by various cities from 2016 to 2019.It selects a sample of A-share listed manufacturing companies from 2013 to 2019 and employs a multi-period difference-in-differences(DID)model to examine whether talent introduction policies have improved enterprise intelligence from the perspective of industrial robots.The results indicate that the introduction of talent introduction policies prompts enterprises to increase investment in industrial robots,thereby promoting the manufacturing intelligence.The mechanism test shows that talent introduction policies significantly increase the supply of highly skilled labor without raising labor costs for enterprises.Consequently,enterprises recruit more highly skilled labor,particularly technical employees related to robotics,providing talent support for the application of industrial robots.Furthermore,when talent Introduction policies measures are more diversified and targeted,this promotion effect is stronger.The promotion effect is stronger for enterprises with more investment opportunities,higher R&D intensity,and private enterprises.In regions with better economic development,less government intervention,and higher housing prices,this promotion effect is greater.The economic consequences test reveals that the intelligence brought by talent introduction policies expands the market share of enterprises and improves their operational performance.This paper not only enriches research on labor mobility from the perspective of highly skilled labor but also innovatively examines the impact of talent introduction policies on the manufacturing intelligence.The findings have several policy implications.It is essential to continue the implementation of talent introduction policies,increase the talent reserve,and strengthen the talent support to achieve the strategy of strengthening enterprises and the nation through talents.Additionally,efforts should be made to actively promote the high-end and intelligent transformation of the manufacturing industry,cultivate new competitive advantages,and promote the high-quality development of the real economy.