The Double-Threshold Effect Between the Science and Technology Innovation and Enterprise Value Related to the Marine Economy
Lu Lu1, Sheng Yuhua1, Qu Guoming1,2, Dong Hongchao1
1.School of Business,Nanjing Normal University,Nanjing 210023,China; 2.School of Business,TaizhouInstitute of Science and Technology,Nanjing University of Science and Technology,Taizhou 225300,China
Abstract：In the context of the report of the 19th National Congress of the Communist Party of China as well as the Strategy of Powerful Country by Ocean,the paper focuses on the relationship between the investment innovation and the improvement of the value of enterprises in sea-related enterprises,by using the panel data of listed companies which are related to the marine economy in 2012—2015 with Stata15.0.The results indicate that the double-threshold effect of investment and enterprise value is significant and there is a big difference of this non-linear relationship between the coastal areas and non-coastal areas,the threshold value of the coastal areas is significantly lower than the threshold of non-coastal areas.Moreover,there is a structural imbalance during the statistical period.Such imbalances have been improved in the coastal areas but still need to be solved in non-coastal areas.
路璐, 盛宇华, 曲国明, 董洪超. 涉海企业科技创新投入对企业价值的双门槛效应[J]. 中国科技论坛, 2018(10): 120-127.
Lu Lu, Sheng Yuhua, Qu Guoming, Dong Hongchao. The Double-Threshold Effect Between the Science and Technology Innovation and Enterprise Value Related to the Marine Economy. , 2018(10): 120-127.
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