Strategic Capture, Loss of Capability and OEM Enterprises’ Low-End Locking: Based on the Moderating Effect of Network Relationship Capacity

Abstract

Abstract: China’s manufacturing industry is embedded into the Global Value Chain production system dominated by multinational corporations in the form of Original Equipment Manufacturer (OEM). This model has greatly promoted the rapid development of China’s economy, but also makes China’s economy trap in the dilemma of“impoverished growth”. Therefore, it is imperative for the OEM enterprises to transform and upgrade in order to survive and develop continuously in the future. However, as the OEM enterprises try to upgrade to the high-end of Value Chain, they will inevitably be captured by various strategies of multinational corporations, which can force OEM enterprises to stay at the low-end of Global Value Chain for a long time, and ultimately the“low end locking”will be formed. Based on the capture theory, this paper constructs a moderated mediation model, in order to reveal how the strategic capture of multinational corporations leads OEM enterprises into the “low-end locking”. The research result shows that there is a positive correlation between strategic capture and the“low-end locking”of OEM enterprises. The loss of independent innovation capability of OEM enterprises acts as partial mediators between strategic capture and the“low-end locking”of OEM enterprises. The network relationship capability of OEM enterprises has the negative moderating effect on the strategic capture and the loss of independent innovation capability of OEM enterprises. Further, the network relationship capability can also adjust the mediating effect of the loss of independent innovation ability on the strategic capture and the“low-end locking”of OEM enterprises.

Key words: strategic capture, loss of capability, network relationship capability, low-end locking

CLC Number:

F424

HU Da-li, YIN Xiao-wen, HU Jing-bo. Strategic Capture, Loss of Capability and OEM Enterprises’ Low-End Locking: Based on the Moderating Effect of Network Relationship Capacity[J]. Contemporary Finance & Economics, 2020, 0(1): 89-100.

References

[1] Schmitz H.Global Competition and Local Cooperation: Success and Failure in the Sinos Valley, Brazil[J]. World Development, 1999, 27(9): 1627-1650.
[2] 周升起,兰珍先,付华. 中国制造业在全球价值链国际分工地位再考察——基于Koopman等的“GVC地位指数”[J]. 国际贸易问题,2014,(2):3-12.
[3] 岑丽君. 中国在全球生产网络中的分工与贸易地位——基于TiVA数据与GVC指数的研究[J]. 国际贸易问题,2015,(1):3-13.
[4] 袁征宇,郑乐凯,王清晨. 中国制成品出口技术含量测度及其跨国比较研究——基于贸易增加值前向分解法[J]. 当代财经,2018,(2):105-114.
[5] 刘志彪. 全球价值链中我国外向型经济战略的提升——以长三角地区为例[J]. 中国经济问题, 2007,(1):28-35.
[6] 李杰,罗卫东. 产业结构低端锁定现象研究——以浙江制造业为例[J]. 中共浙江省委党校学报,2007,(1):84-91.
[7] 胡国恒. 制度质量、比较优势与国际生产的组织变迁[J]. 国际经贸探索,2013,(4):95-106.
[8] 李美娟. 中国企业突破全球价值链低端锁定的路径选择[J]. 现代经济探讨,2010,(1):76-79.
[9] Tschang F.T., Goldstein A. The Outsourcing of“Creative”Work and the Limits of Capability: The Case of the Philippines’ Animation Industry[J]. IEEE Transactions on Engineering Management, 2010, 57(1): 132-143.
[10] 蒋雪梅. 全球价值链下中国通信制造业升级的实证分析——基于知识创新的视角[J]. 商业经济,2013,(1):27-30.
[11] 杜宇玮,熊宇. 市场需求与中国制造业代工超越——基于GVC与NVC的比较分析[J]. 产业经济研究,2011,(2):36-42.
[12] 兰宏,聂鸣. 领导型治理模式GVC下的学习障碍及突破路径[J]. 科学学与科学技术管理,2013,(9):116-122.
[13] 杨水利,易正广,李韬奋. 基于再集成的“低端锁定”突破路径研究[J]. 中国工业经济,2014,(6):122-134.
[14] 杜宇玮,周长富. 锁定效应与中国代工产业升级——基于制造业分行业面板数据的经验研究[J]. 财贸经济, 2012,(12):78-86.
[15] 熊珍琴,辛娜. 中国制造业突破全球价值链低端锁定的战略选择[J]. 福建论坛(人文社会科学版),2015,(2):34-38.
[16] Stigler G.J. The Theory of Economic Regulation[J]. The Bell Journal of Economics and Management Science, 1971, 2(1): 3-21.
[17] Humphrey J., Schmitz J.How Doex Insertion in Global Value Chains Affect Upgrading in Industrial Clusters?[J]. Regional Studies, 2002, 36(9): 66-71.
[18] 胡大立. 我国产业集群全球价值链“低端锁定”战略风险及转型升级路径研究[J]. 科技进步与对策,2016,(3):66-71.
[19] 刘志彪. 重构国家价值链:转变中国制造业发展方式的思考[J]. 世界经济与政治论坛,2011,(4):1-14.
[20] 王彦芳,陈淑梅. 全球价值链视角下中国制造业出口贸易网络格局分析[J]. 当代财经,2017,(7):94-104.
[21] 张杰,郑文平. 全球价值链下中国本土企业的创新效应[J]. 经济研究,2017,(3):153-167.
[22] Prahalad C.K., Hamel G. The Core Competence of the Corporation[J]. Harvard Business Review, 1990, (68): 79-91.
[23] 张志勇. 新常态下以创新驱动升级转型的制度建构[J]. 商业经济研究,2016,(14):105-107.
[24] 约瑟夫·熊彼特. 资本主义、社会主义与民主(1943)[M]. 吴良键,译. 北京:商务印书馆,1999.
[25] Teece D.J., Pisano G. The Dynamic Capabilites of Firms: An Introduction[J]. Industrial and Corporate Change, 1994, (3): 537-556.
[26] Hakansson H.Understanding Business Market[M]. New York: New York Croom Helm, 1997.
[27] Schutjens V., Stam E.The Evolution and Nature of Young Firm Networks: A Longitudinal Perspective[J]. Small Business Economics, 2003, 21(2): 115-134.
[28] Powell W.W., Smith-Doerr K. L. Interorganizational Collaboration and the Locus of Innovation: Networks of Learning in Biotechnology[J]. Administrative Science Quarterly, 1996, 41(1): 116-145.
[29] Ritter T., Gemunden H.G. Network Competence: Its Impact on Innovation Success and Its Antecedents[J]. Journal of Business Research, 2003, 56(9): 745-755.
[30] 任胜钢. 企业网络能力结构的测评及其对企业创新绩效的影响机制研究[J]. 南开管理评论,2010,(1):69-80.
[31] Cowan R., David P.A., Foray D. The Explicit Economics of Knowledge Codification and Tacitness[J]. Social Science Electronic Publishing, 2000, 9(2): 195-237.
[32] 温忠麟,叶宝娟. 中介效应分析:方法和模型发展[J]. 心理科学进展,2014,(5):731-745.
[33] Rokkan A.I., Heide J. B., Wathne K. H. Specific Investments in Marketing Relationships: Expropriation and Bonding Effects[J]. Journal of Marketing Research, 2003, 40(2): 210-224.
[34] 高维和,黄沛,王震国.资产专用性、渠道异质性与渠道投机行为:基于中国汽车企业的实证[J]. 财贸研究,2006,(4):102-109.
[35] 何亚琼,秦沛,苏竣. 网络关系对中小企业创新能力影响研究[J]. 管理科学,2005,(6):18-23.
[36] Van Grunsven L., Smakman F.Industrial Restructuring and Early Industry Pathways in the Asian First-generation NICs: The Singapore Garment Industry[J]. Environment and Planning A, 2005, 37(4): 657-680.
[37] Dwyer F.R., Schurr P. H., Oh S. Developing Buyer-Seller Relationships[J]. Journal of Marketing, 1987, 51(2): 11-27.
[38] 芮正云,庄晋财,罗瑾琏. 社会资本对获取创业知识的驱动过程解构——基于创业者能力视角[J]. 科学学与科学技术管理,2016,(1):58-68.
[39] Hayes A.F. An Index and Test of Linear Moderated Mediation[J]. Multivariate Behavioral Research, 2015, (50): 1-22.