Specialization Degree and Competitive Advantage of Automobile Enterprises
DOI:
https://doi.org/10.54097/fbem.v7i2.4896Keywords:
Degree of specialization, Competitive advantage, Automobile manufacturing.Abstract
As an important carrier to realize "Made in China 2025", the automobile manufacturing industry plays an important role in national economic and social development. In the context of the deepening international division of labor in the automobile manufacturing industry, it is of great significance to study the impact of the degree of specialization on the competitive advantage of automobile manufacturing enterprises. This paper takes China's A-share listed automobile companies from 2010 to 2019 as a sample and finds that the improvement of the degree of specialization can significantly improve the company's technological and market competitive advantages. The research of this paper reveals the economic consequences brought about by the improvement of the specialization degree of automobile enterprises, and also provides micro evidence for enterprises to enhance their competitive advantages. The research conclusions have important implications for the choice of enterprise development direction and the policy formulation of government departments.
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