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How Technological Innovation Affect China's Pharmaceutical Smart Manufacturing Industrial Upgrading
1School of Business Administration, Shenyang Pharmaceutical University, Shenyang 110016, China.
Technological innovation efficiency in China's pharmaceutical manufacturing fluctuated significantly between 2007-2019, indicating low overall levels and resource waste. Digital transformation is crucial for smart manufacturing upgrades.
Area of Science:
- Pharmaceutical Manufacturing
- Smart Manufacturing
- Technological Innovation
Background:
- Smart manufacturing relies on advanced IT for industry upgrades.
- China's pharmaceutical sector requires technological innovation for advancement.
Purpose of the Study:
- To analyze the allocation of innovative resources in China's pharmaceutical manufacturing industry.
- To explore industrial upgrading and transformation directions via technological innovation.
- To propose digital transformation paths for the industry.
Main Methods:
- Data Envelopment Analysis (DEA) method.
- Analysis of input-output data for technological innovation (2007-2019).
- System architecture analysis in an Industry 4.0 context.
Main Results:
- Technological innovation efficiency showed significant fluctuations from 2007 to 2019.
- Overall efficiency levels were low, with considerable resource wastage identified.
- Analysis revealed system architecture insights for smart pharmaceutical manufacturing.
Conclusions:
- Significant resource waste and low efficiency in technological innovation necessitate strategic changes.
- Digital transformation and intelligent upgrading are essential for China's pharmaceutical manufacturing.
- Four distinct pathways for digital transformation are proposed to enhance innovation efficiency.
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