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Manufacturing Service and Survival Analysis of Enterprise Export Trade |
XIAO Ting, YE Hao, CHEN Zhouyong |
School of International Economics and Trade, Jiangxi University of Finance and Economics |
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Abstract: In the current downturn of foreign trade,enterprises seek to bolster their products' competitiveness in overseas markets through accompanying high-quality services.There is no shortage of literature focusing on the service transformation of manufacturing enterprises,yet a comprehensive analysis of the relationship between service transformation and export activities is rare.This study,based on listed manufacturing enterprises in China,presents corresponding theoretical and empirical research.The estimations indicate that both output service transformation measured by revenue proportion and input service transformation gauged by personnel structure proportion significantly and positively impact the sustained export performance of enterprises.Moreover,the research highlights that service transformation can perpetuate a company's export trade by enhancing product differentiation and fostering innovation capabilities.When we contrast general trade with processing trade,we find companies engaged in general trade witness stronger continuity in their export activities as the level of service transformation deepens.Additionally,local enterprise can effectively leverage service transformation to sustain their export trade.This study unveils the intrinsic link between China's export trade and manufacturers' business model innovation and numerous latent patterns and characteristics through in-depth exploration.
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Received: 12 February 2024
Published: 15 March 2024
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