Does Export Promote Innovation Of Chinese Manufacturing Enterprises?

With the gradual loss of China’s labor advantage and the increasingly fierce Sinous trade dispute,China’s economy has shifted from the stage of high-speed development to the stage of high-quality development.In this context,making science and technology an important driving force for sustained economic growth and no longer making core technology a hard problem is the key to breaking through the dilemma.Enterprises,especially manufacturing enterprises,are the main body of innovation.Promoting enterprises’ participation in trade to promote innovative development of the real economy is an important channel to achieve high-quality development of the Chinese economy.This thesis matched the data of enterprise patent database and Chinese industrial enterprise database from 2011 to 2013.Taking the number of invention patent applications as the proxy variable of independent innovation,the twoway fixed effect model is used to study whether export decision has a promoting effect on innovation;In this thesis,all samples are grouped according to the provincial characteristics,industry nature and enterprise ownership nature,and regression test is conducted respectively;Finally,this thesis verifies the moderating effect of market structure and legal environment on export innovation effect.The following conclusions are drawn:(1)Enterprises’ choice of export significantly and positively affects R&D,and the results are still significant after changing variables,changing the empirical model.In order to eliminate the influence of self-selection bias,PSM was performed on the data in this thesis,and the results obtained by regression using the matched data were basically consistent with the baseline regression results.(2)From the perspective of regions,The innovation level of enterprises in the eastern region is stronger than those in other regions.From the perspective of industry nature,enterprises in technologyintensive industries are more active in innovation.From the perspective of ownership structure,non-state-owned enterprises have stronger innovation ability.(3)The mechanism test shows that the market structure measured by market concentration and the legal environment measured by market index segmentation have a moderating effect on the innovation effect of enterprises.The increase of market concentration and the improvement of legal environment will both strengthen the export innovation effect,and the moderating effect of market structure is more obvious in the high-tech industry.Through the research,we can draw the following enlightenment.First,China should continue to expand export trade,upgrade and optimize trade structure and quality,and encourage enterprises to enter the international market through relevant policies;Second,the Chinese government should also increase subsidies to export enterprises,promote enterprises to obtain financial support for innovation,reduce the cost of innovation,and stabilize the capital demand of export enterprises;Third,the government should strive to create an institutional environment and incentive mechanism to encourage enterprise research and development,and remove the institutional obstacles that restrict enterprise innovation;Fourth,Chinese enterprises should follow the market development trend,increase input in innovation resources and promote the output of innovation results.