How do Chinese marine firms embed in global value chains? Peer effects perspective

IF 3 2区生物学 Q1 MARINE & FRESHWATER BIOLOGY Frontiers in Marine Science Pub Date : 2025-03-17 DOI:10.3389/fmars.2025.1568042

Weijian Tian, Yingqin Zhao

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Abstract

IntroductionThis study investigates how Chinese marine firms are motivated to embed in the global value chains from the perspective of peer effects. The motivation mechanism is examined and tested from three perspectives: learning motivation, competitive motivation and information motivation.MethodsThe marine companies that were listed between 2008 and 2016 on the Shanghai and Shenzhen A-shares serve as our samples. A number of robustness tests support the study’s conclusion.ResultsChinese marine companies’ embed in the global value chains has industry peer effects. According to the mechanism analysis, the leader firms in marine enterprises embed in the GVCs peer effects for “competitive motivation” and “information motivation”, while the following companies do the same for “learning motivation” and “information motivation.” According to heterogeneity analysis, peer effects are particularly prominent in places with state-owned marine firms, high proportion of FDI and high degree of marketization.DiscussionThe driving forces behind marine firms’ embed in global value chains are explored in this study, which also offers managers of marine enterprises decision-making resources.

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中国海洋企业如何嵌入全球价值链？同行效应视角

本研究从同伴效应的角度考察了中国海运企业如何被激励嵌入全球价值链。本文从学习动机、竞争动机和信息动机三个角度对激励机制进行了考察和检验。方法以2008 - 2016年在沪深a股上市的海运公司为样本。许多稳健性测试支持了该研究的结论。结果中国船舶企业嵌入全球价值链具有行业对等效应。机制分析表明，海洋企业中处于领先地位的企业在“竞争激励”和“信息激励”方面具有同侪效应，而紧随其后的企业在“学习激励”和“信息激励”方面具有同侪效应。异质性分析表明，在国有海洋企业、外商直接投资比重高、市场化程度高的地方，同行效应尤为突出。本研究探讨了海洋企业融入全球价值链的驱动力，为海洋企业管理者提供决策资源。

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来源期刊

Frontiers in Marine Science Agricultural and Biological Sciences-Aquatic Science

CiteScore

5.10

自引率

16.20%

发文量

2443

审稿时长

14 weeks

期刊介绍： Frontiers in Marine Science publishes rigorously peer-reviewed research that advances our understanding of all aspects of the environment, biology, ecosystem functioning and human interactions with the oceans. Field Chief Editor Carlos M. Duarte at King Abdullah University of Science and Technology Thuwal is supported by an outstanding Editorial Board of international researchers. This multidisciplinary open-access journal is at the forefront of disseminating and communicating scientific knowledge and impactful discoveries to researchers, academics, policy makers and the public worldwide. With the human population predicted to reach 9 billion people by 2050, it is clear that traditional land resources will not suffice to meet the demand for food or energy, required to support high-quality livelihoods. As a result, the oceans are emerging as a source of untapped assets, with new innovative industries, such as aquaculture, marine biotechnology, marine energy and deep-sea mining growing rapidly under a new era characterized by rapid growth of a blue, ocean-based economy. The sustainability of the blue economy is closely dependent on our knowledge about how to mitigate the impacts of the multiple pressures on the ocean ecosystem associated with the increased scale and diversification of industry operations in the ocean and global human pressures on the environment. Therefore, Frontiers in Marine Science particularly welcomes the communication of research outcomes addressing ocean-based solutions for the emerging challenges, including improved forecasting and observational capacities, understanding biodiversity and ecosystem problems, locally and globally, effective management strategies to maintain ocean health, and an improved capacity to sustainably derive resources from the oceans.