文献类型：期刊文献

中文题名：政府科技资助对谁更有效?——基于企业规模与所有制三维交互的研究

英文题名：Who Benefits Most from Public Technological Subsidies? Based on Three-dimensional Interaction of Firm Scale and Ownership

作者：董静[1];翟海燕[1,2];杨自伟[3]

第一作者：董静

机构：[1]上海财经大学国际工商管理学院;[2]上海金融学院工商管理学院;[3]河南财经政法大学工商管理学院

第一机构：上海财经大学国际工商管理学院,上海200433

年份：2016

卷号：42

期号：7

起止页码：87-98

中文期刊名：财经研究

外文期刊名：Journal of Finance and Economics

收录：CSTPCD;;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2014】；社科基金资助期刊;CSSCI:【CSSCI2014_2016】；

基金：国家自然科学基金项目(71172146);教育部新世纪优秀人才支持计划(NCET-12-0900)

语种：中文

中文关键词：政府科技资助;技术创新;所有制;企业规模;倾向值匹配法

外文关键词：public technological subsidy; technology innovation; ownership; firm scale; propensity score matching

摘要：何种企业能更有效地利用政府科技资助提升创新水平?文章结合资源基础理论、委托代理理论和信号传递理论,运用上海张江高科技园区2 382家企业2006—2009年共计6 718条非平衡面板数据,研究企业规模和所有制性质在政府科技资助影响企业创新过程中的三维调节机制。研究结果表明:(1)在应用倾向值匹配法纠正政府资助选择偏差的基础上,政府资助对企业创新具有显著的促进作用;(2)企业规模能够影响政府资助对企业创新的"杠杆效应"的发挥程度,规模越大,资助对企业创新水平的正向激励越强;(3)政府资助对不同所有制性质企业的作用存在差异,相比国有企业,非国有性质的企业能更好地利用政府资助提升创新水平;(4)企业规模的调节作用还取决于企业的所有制性质,相比之下,政府资助对非国有企业的创新激励作用会随着企业规模的增加而不断增强。
Which firms will make full use of public technological subsidies to advance their innovation level？Combining with resource based view,agency theory and signaling theory,this paper analyzes the three-dimensional moderating role of firm scale and ownership in the effect of public technological subsidies on firm innovation by the unbalanced panel data with 6 718 observations of 2 382 firms from Zhangjiang High-tech Park of Shanghai from 2006 to 2009.It comes to the following results：firstly,based on the correction of selection bias of government subsidies by propensity score matching,government subsidies play a significantly positive role in the promotion of firm innovation;secondly,firm scale can affect the exertion of the leverage effect of government subsidies on firm innovation,i.e.,larger firm scale leads to stronger positive incentive role of government subsidies in firm innovation;thirdly,the role of public technological subsidies in firm innovation varies with ownership,namely compared with state-owned enterprises,the non-stateowned enterprises can make better use of public subsidies to improve innovation;fourthly,the moderating role of firm scale also depends on ownership,and by comparison,the incentive role of government subsidies in innovation in non-state-owned enterprises constantly strengthens with the increase in firm scale.