北京邮电大学学报(社会科学版) ›› 2022, Vol. 24 ›› Issue (3): 106-120.doi: 10.19722/j.cnki.1008-7729.2022.0008

• 经济与管理 • 上一篇    

政府研发补助、创新人才优势与企业自主研发投入政府研发补助、创新人才优势与企业自主研发投入——基于有调节的中介模型的机制分析

陈旻(1976—),女,福建漳州人,博士,教授   

  1. 集美大学 财经学院,福建 厦门361021
  • 出版日期:2022-07-01 发布日期:2022-07-20
  • 基金资助:
    国家社会科学基金一般项目(17BGL067)

Government R&D Subsidies, Innovative Talents Advantages and #br# Enterprises’Independent R&D Investment—Based on Mechanism Analysis of Moderated Mediation Model

  1. Finance and Economics College,Jimei University, Fujian Xiamen 361021,China
  • Online:2022-07-01 Published:2022-07-20

摘要:  采用中国沪深A股2008—2019年面板数据,基于有调节的中介效应模型,实证分析创新人才路径下,政府研发补助对企业自主研发投入的具体作用机制。研究结果表明:创新人才优势具有影响政府研发补助与企业自主研发投入相关关系的中介效应,创新人才优势有助于缓解政府研发补助对企业当期自主研发投入产生的挤出效应;政府研发补助在创新人才优势与企业自主研发投入两者关系中发挥正向调节作用,政府研发补助有助于增强创新人才优势对企业自主研发投入的促进作用。进一步研究发现:政府研发补助的正向调节作用在创新人才优势不明显的企业以及非国有企业中表现更为显著;政府研发补助和创新人才优势对高研发强度行业企业的自主研发投入具有更明显的促进效用。

关键词:  , 政府研发补助;创新人才优势;企业自主研发投入;有调节的中介效应

Abstract:  Employing panel data of China’s listed companies from 2008 to 2019 and based on the moderated mediation model,the specific mechanism of government R&D subsidies on enterprises’ independent R&D investment is empirically analyzed under the path of innovative talents. The results show that innovative talents advantages have a mediating effect that alleviates the crowding-out effect of government R&D subsidies on enterprises’ independent R&D investment in the current period. Meanwhile, government R&D subsidies have a positive moderate effect that strengthens the role of innovative talents advantages in promoting enterprises’ independent R&D investment. Further results show that the positive moderate effect of government R&D subsidies is more obvious in enterprises with inapparent advantages in innovative talents and non-state-owned enterprises. Besides, government R&D subsidies and innovative talents advantages have a more obvious promoting effect on the enterprises’ independent R&D investment in industries with high R&D intensity.

Key words:  government R&D subsidies, innovative talents advantages, enterprises’ independent R&D investment, moderated mediation model

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