The Impact of Value Chain Embedding on Industrial Structure Optimization

Abstract

Value chain embedding refers to the participation of enterprises in the activities of the global value chain and the benefits derived from it. Existing studies have shown that value chain embedding can bring multiple benefits, including improving production efficiency, reducing costs, enhancing product quality, and innovation capabilities, among others. However, the specific impact of value chain embedding on industrial structure optimization is still controversial in current literature. This article analyzes the impact of value chain embedding from the perspectives of manufacturing industry, service industry, industrial sector, and developing countries. By using a literature review approach combined with existing findings, this article summarizes the impacts of value chain embedding and proposes relevant suggestions to promote sustainable economic development. This study has important practical significance for enterprises to effectively embed value chains in their business processes and achieve efficient development.