摘要
绿色技术创新已成为调和环境保护与经济发展矛盾的关键因素,同时也诱发了部分企业管理层捕获政府财政资源。本文根据绿色技术创新的不同经济效果,从资源捕获和价值创造两个维度探讨了绿色技术创新对政府补贴的差异化影响,并在企业生命周期视角下揭示了该影响的动态变化规律。研究显示:以研发周期和产出数量占优的资源捕获型绿色创新对政府补贴具有显著促进效应,且该效应主要分布在企业成长期和蜕变期,而以产出质量和技术含量占优的价值创造型绿色创新未能显著提升企业对政府补贴的获取能力;资源捕获型绿色创新对政府补贴的影响具有产权异质性。本文在动态视角下一定程度地拓展了绿色技术创新与政府补贴关系的分析框架。
Green technological innovation has become a key factor to reconcile the sharp contradiction between environmental protection and economic development and can also induce the motivation of enterprise management to capture government financial resources.According to the different economic effects of green technological innovation,this paper discusses the differential impact of green technological innovation on government subsidy from two dimensions of resource capture and value creation and reveals the dynamic changes of the impact from the perspective of enterprise life cycle.The results show that resource-capturing green innovation dominated by R&D cycle and output has a significant effect on government subsidy,and the effect mainly distributes in the growing and decaying stages of enterprises,while value-creating green innovation dominated by output quality and technology content has not been significantly improved in the whole enterprise life cycle.The acquisition ability of enterprises to government subsidies;the influence of green technological innovation on government subsidies is heterogeneous in property rights.
作者
王旭
杨有德
Wang Xu;Yang Youde
出处
《财经科学》
CSSCI
北大核心
2018年第12期53-66,共14页
Finance & Economics
基金
国家自然科学基金青年项目“绿色技术创新导向下中国制造业企业融资契约最优动态配置研究——基于双层嵌套结构的整合边界效应”(71802117)
教育部人文社会科学研究青年基金项目“绿色技术创新导向下制造业企业融资契约最优配置研究——基于治理情境的动态边界效应”(18YJC630186)
山东省自然科学青年基金项目“绿色金融视角下山东省制造业企业创新发展驱动机制与提升路径研究”(ZR2017QG001)
关键词
绿色技术创新
政府补贴
企业生命周期
产权性质
Green Technological Innovation
Government Subsidy
Business Life Cycle
Property Right
