摘要
企业创新是创新型国家经济高质量发展的核心动力。本文以微观企业为对象,在内生经济增长模型中引入金融筛选技术,从理论上分析金融筛选技术影响企业创新行为的作用机理;同时以2012—2016年深沪两市A股上市公司为样本,利用工具变量法进行实证检验。结果显示:金融筛选技术优化对企业创新行为具有激励作用,且对创新能力强的企业具有更强的激励作用;目前的创新环境中,金融筛选技术、企业创新能力与财政支持三者间存在较为微弱的耦合作用,协同激励企业创新行为的作用有限。
Enterprise innovation is the core driving force of economic development.Taking enterprises as the research object and building an endogenous economic growth model which includes intermediate products,the mechanism of financial screening's impact on enterprise innovative behavior is theoretically analyzed.At the same time,the panel data of Shenzhen and Shanghai A-share listed companies from the year 2012 to 2016 is taken as a sample to conduct an empirical test by instrumental variable method.The research draws the following conclusions:financial screening has a stimulating effect on enterprise innovative behavior,and the effect is greater when enterprises have stronger innovative ability;in the current innovation environment,there is a weak coupling among financial screening,innovative capacity of enterprises and fiscal policy,and their utility of collaborative incentives for corporate innovation is limited.
作者
沈蕾
田翰
SHEN Lei;TIAN Han(School of Economics,Wuhan University of Technology,Wuhan 430070,China)
出处
《北京邮电大学学报（社会科学版）》
2018年第6期80-88,共9页
Journal of Beijing University of Posts and Telecommunications(Social Sciences Edition)
基金
国家社会科学基金一般项目(14BJY056)
关键词
金融筛选技术
企业创新行为
内生经济增长模型
financial screening technology
enterprise innovative behavior
endogenous economic growth model
