Industrial Robot Application and the Manufacturing Value Chain Resilience: Evidence from China’s Listed Manufacturing Firms
- Weili Xie
- Shuqing Zou
- Qifan Zhang
- Xu Dong
Abstract
This study constructed indices of industrial robot application at the enterprise-industry-year level by matching industry-level industrial robot data published by the IFR with microdata from Chinese A-share listed companies. Additionally, using the CSMAR database, it developed an index system for manufacturing value chain resilience(MVCR) based on three dimensions: Readiness, response, and recovery. This study empirically assessed the impact of industrial robot use on MVCR. The results confirmed that industrial robot application positively impacts MVCR. The influence is particularly significant in privately owned businesses, downstream segments of the value chain, and low-tech industries. Industrial robots can have a significant impact on MVCR by reducing costs, fostering innovation, and enhancing productivity. Furthermore, information asymmetry positively influences industrial robot use, which consequently impacts MVCR. This study elucidated the underlying mechanism by which industrial robots drive MVCR, providing empirical insights for forging MVCR in the digital economy.
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- DOI:10.5539/ijef.v18n6p44
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