Research on the Transformation and upgrading of Manufacturing Industry from the Perspective of Digital economy and technological Innovation-- based on the empirical Analysis of Manufacturing Industry in Guizhou Province

Authors

  • Yaxing Wu

DOI:

https://doi.org/10.56028/aemr.3.1.114

Keywords:

Digital economy; technology innovation; industrial structure;transformation and upgrading

Abstract

This paper explores the effect and internal mechanism of the digital economy in promoting the transformation and upgrading of the manufacturing industry in Guizhou Province. Theoretical analysis shows that the digital economy can enable the transformation and upgrading of the manufacturing industry through three types of factors. Based on the panel data of Guizhou Province from 2013 to 2020, the improved entropy method is used to explore the specific impact of these three factors on the transformation and upgrading of traditional manufacturing. Through empirical research, it is found that all three factors can optimize the industrial structure of the manufacturing industry, among which the level of digital infrastructure has the greatest positive impact. Second, in terms of heterogeneity, it is found that the epidemic has accelerated the pace of digital transformation of the manufacturing industry to meet higher digital needs. Through the above analysis, policy recommendations are given for three types of factors.

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Published

2023-01-11