摘要
基于2012-2020年我国275个城市面板数据,分析财政科技支出、数字普惠金融对城市创新的影响机制,并检验空间效应的有效性。研究发现:①财政科技支出、数字普惠金融均可提升本地创新水平;②财政科技支出、数字普惠金融对城市创新均产生显著的空间溢出效应,但二者存在一定的抵消,财政科技支出在推动本地创新的同时也能够带动其它关联地区的创新发展,数字金融的普惠性发展虽然可激励本地创新,但对其它关联城市的创新发展有一定抑制性;③数字普惠金融发展弱化了财政科技资金的创新效应,即财政科技支出和数字普惠金融二者对城市创新的驱动作用存在替代效应,且替代效应具有明显的地区差异。基于此,有针对性地提出政策建议,为激发城市创新活力提供有益参考。
As an important factor of urban innovation and development,capital is faced with differences in spatial alloca-tion,which leads to regional differences in innovation output.The sources of funds for innovation mainly include enter-prise owned funds,subsidies from government and financial institutions.Because of its strong attributes of public goods,the government attaches great importance to R&D,especially fundamental research,and fiscal investment is essential.However,some studies have also pointed out that fiscal science and technology funds will cause the loss of innovation effi-ciency.By contrast,in recent years,thanks to the development of digital inclusive finance,the efficiency of digital eco-nomic service entities has been improved.Digital inclusive finance provides more market participants access to innovative financing channels,improve the efficiency of financial resource allocation,and promote innovative output.Since the alloca-tion of funds is constrained by the visible hand of the government and the invisible hand of the market,which force does the improvement of urban innovation vitality come from?Can the integration effect of urban innovation be realized,or can the innovation driving effects of the two replace each other?There are some problems untouched in the existing research.First,the existing studies mostly focus on the spatial independence,and do not involve whether fiscal science and technology expenditure and the development of digital inclu-sive finance show innovative spillover effects.Second,the existing studies mostly discuss the impact of fiscal science and technology expenditure and digital inclusive finance on urban innovation and development from a single perspective,and do not integrate them into an analytical framework.Third,it does not answer if development of digital finance lead to the re-duction of innovation's dependence on fiscal science and technology funds.In view of the source of funds for innovative sectors,fiscal science and technology expenditure is the most direct way
作者
吕慧
许可
宋子源
Lyu Hui;Xu Ke;Song Ziyuan(Chinese Academy of Fiscal Sciences,Beijing 100142,China;School of Innovation and Entrepreneurship,Shandong University,Qingdao 266237,China;School of Management,Shandong University,Jinan 250103,China)
出处
《科技进步与对策》
北大核心
2023年第6期59-68,共10页
Science & Technology Progress and Policy
基金
山东省社科规划研究项目(22DGLJ18)。
关键词
财政科技支出
数字普惠金融
城市创新
空间溢出效应
替代效应
Fiscal Expenditure on Science and Technology
Digital Inclusive Finance
Urban Innovation
Spatial Spillover Effect
Substitution Effect