北京邮电大学学报(社科版) ›› 2018, Vol. 20 ›› Issue (6): 80-88.doi: 10.19722/j.cnki.1008-7729.2018.0196

• 经济与管理 • 上一篇    下一篇

金融筛选技术优化激励企业创新行为的作用研究

  

  1. 武汉理工大学 经济学院,湖北 武汉430070
  • 收稿日期:2018-08-04 出版日期:2018-12-30
  • 基金资助:
    国家社会科学基金一般项目(14BJY056)

Effect of Financial Screening Optimization on Enterprise Innovative Motivation

  1. School of Economics, Wuhan University of Technology, Wuhan 430070, China
  • Received:2018-08-04 Online:2018-12-30

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。

关键词: 金融筛选技术, 企业创新行为, 内生经济增长模型

Abstract: 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

Key words: financial screening technology, enterprise innovative behavior, endogenous economic growth model

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