Abstract：Taking the data of GEM listed companies from 2009 to 2017 as samples,this paper analyses the impact of government subsidies on enterprise innovation and whether the regional innovation environment will change the impact.It is found that government subsidies make R&D expenditure and patent outputs increased,as well as invention patents.That is to say,government subsidies improve both the quantity and the quality of enterprise innovation.Furthermore,the innovation environment index is taken as a moderating variable.It is found that the worse the regional innovation environment is,the stronger the role of government subsidies is.The conclusions suggest that in order to improve the efficiency of subsidies,the government should consider the regional innovation environment and implement differentiated subsidy policies.
张慧雪, 沈毅, 郭怡群. 政府补助与企业创新的“质”与“量”——基于创新环境视角[J]. 中国科技论坛, 2020(3): 44-53.
Zhang Huixue, Shen Yi, Guo Yiqun. The Impact of Government Subsidies on Enterprise Innovation: From the Perspective of Innovation Environment. , 2020(3): 44-53.
[1]SOLOW R M.Technical change and the aggregate production function[J].The review of economics and statistics,1957,39(3):312-320. [2]李宏兵,刘早云,陈岩.双向投资、双向技术溢出与中国企业创新[J].中国科技论坛,2019(2):64-72. [3]国家统计局,科学技术部.中国统计年鉴[M].北京:中国统计出版社,2002—2017. [4]余菲菲,钱超.政府科技补助对企业创新投入的门槛效应——基于科技型中小企业的经验研究[J].科研管理,2017,38(10):40-47. [5]BOEING P.The allocation and effectiveness of China's R＆D subsidies:evidence from listed firms[J].Research policy,2016,45(9):1774-1789. [6]彭红星,王国顺.中国政府创新补贴的效应测度与分析[J].数量经济技术经济研究,2018,35(1):77-93. [7]武士杰,政府与社会资本合作项目对企业专利产出的影响[J].中国科技论坛,2019(5):163-170. [8]赵彦飞,陈凯华,李雨晨.创新环境评估研究综述:概念、指标与方法[J].科学学与科学技术管理,2019,40(1):89-99. [9]杨明海,张丹丹,苏志文.我国区域创新环境评价的实证研究——基于省级面板数据[J].山东财经大学学报,2018,30(1):74-84. [10]朱丽,葛爽,张庆红.复杂网络结构下科技政策的创新驱动——基于网络权力和创新扩散视角[J].中国科技论坛,2019(1):29-36 [11]韩美妮,王福胜.法治环境、财务信息与创新绩效[J].南开管理评论,2016,19(5):28-40. [12]李习保.区域创新环境对创新活动效率影响的实证研究[J].数量经济技术经济研究,2007(8):13-24. [13]HALL B H,LERNER J.The financing of R&D and innovation[M]//Handbook of the economics of innovation.Amsterdam:Elsevier North-Holland,2010. [14]ACHARYA V,XU Z.Financial dependence and innovation:the case of public versus private firms[J].Journal of financial economics,2017,124(2):223-243. [15]CLAUSEN T H.Do subsidies have positive impacts on R&D and innovation activities at the firm level[J].Structural change and economic dynamics,2009,20(4):239-253. [16]ZHAO S,XU B,ZHANG W.Government R&D subsidy policy in China:an empirical examination of effect,priority,and specifics[J].Technological forecasting and social change,2018,135:75-82. [17]LEE E Y,CIN B C.The effect of risk-sharing government subsidy on corporate R&D investment:empirical evidence from Korea[J].Technological forecasting and social change,2010,77(6):881-890. [18]李琳琳,张继良.R＆D资助差异与企业技术创新阶段的关系研究[J].科学学研究,2014,32(11):1740-1746. [19]BRONZINI R,PISELLI P.The impact of R&D subsidies on firm innovation[J].Research policy,2016,45(2):442-457. [20]LIU X,LI X,LI H.R&D subsidies and business R&D:evidence from high-tech manufacturing firms in Jiangsu[J].China economic review,2016,41:1-22. [21]WU A.The signal effect of government R&D subsidies in China:does ownership matter[J].Technological forecasting and social change,2017,117:339-345. [22]GRG H,STROBL E.The effect of R&D subsidies on private R&D[J].Economica,2007,74(294):215-234. [23]李万福,杜静,张怀.创新补助究竟有没有激励企业创新自主投资——来自中国上市企业的新证据[J].金融研究,2017(10):130-145. [24]李传宪,黄丽.政府补助对新能源上市企业双元创新投入影响研究[J].中国科技论坛,2019(3):11-18. [25]肖文,林高榜.政府支持、研发管理与技术创新效率——基于中国工业行业的实证分析[J].管理世界,2014(4):71-80. [26]陈德球,金雅玲,董志勇.政策不确定性、政治关联与企业创新效率[J].南开管理评论,2016,19(4):27-35. [27]白俊红,蒋伏心.协同创新、空间关联与区域创新绩效[J].经济研究,2015,50(7):174-187. [28]高洪利,李莉,陈靖涵,等.政府研发支持行为影响高科技企业外部融资吗——基于组织合法性理论的解释[J].南开管理评论,2017,20(6):178-189. [29]吕迪伟,蓝海林,曾萍,等.异源绩效压力对企业外部研发倾向的异质性影响——区域制度环境的调节作用[J].研究与发展管理,2019,31(2):44-55. [30]易靖韬,张修平,王化成.企业异质性、高管过度自信与企业创新绩效[J].南开管理评论,2015,18(6):101-112.
2020, 
