关键词: 全球价值链嵌入, 网络嵌入, 知识溢出, 技术创新, 生产分解模型

Abstract: Based on the production decomposition model of value added and final goods, this paper measures the forward and backward linkage based embedding of global value chain ( GVC) for China’ s manufacturing industry, and empirically studies the impact of GVC embedding on technological innovation, and the moderating effect of absorptive capacity and technological distance. At the same time, DID, IV method and GMM dynamic panel model are used for robustness test to control potential endogenous problems. The results show that: firstly, China’ s manufacturing industry promotes the improvement of technological innovation capacity by embedding into GVC and taking advantage of international knowledge spillovers. Secondly,absorption capacity can strengthen the positive relationship above. Thirdly, technological distance presents an inverted U-shaped moderating effect in the impact of backward linkage based GVC embedding on technological innovation, while technological distance presents a positive moderating effect in the impact of forward linkage based GVC embedding on technological innovation. This paper promotes the propagation of network embedding theory and knowledge spillover theory from organizational network to GVC, and enriches the research results in the field of GVC embedding. This research provides a theoretical reference for China’ s manufacturing enterprises to enhance their technological innovation capacity by embedding GVC in the process of participating in international division of labor.

Key words: Global Value Chain Embedding, Network Embedding, Knowledge Spillover, Technology Innovation, Production Decomposition Model