摘要
以2010—2020年A股新能源上市公司为研究样本,实证分析政府研发补贴对新能源企业创新数量和创新质量的非对称影响及数字化转型的调节作用。研究结果表明:研发补贴对新能源企业创新产出的激励效应具有非对称性。一方面,研发补贴能够显著促进新能源企业的创新数量,且这种促进作用在国有企业与非国有企业中无显著差异;另一方面,研发补贴对新能源企业创新质量具有抑制作用,且这种抑制作用在非国有企业中更显著。进一步研究发现,随着数字化转型程度的提高,研发补贴对企业创新质量的抑制作用明显减弱,对企业创新数量的促进作用也显著降低,这说明数字技术可以驱动企业更加关注创新质量,能够有效提高补贴资源的利用效果。研究结论对政府补贴的顶层设计、中国新能源企业的数字化转型与创新发展具有一定的参考价值。
Exploring the impact of R&D subsidies on the quantity and quality of innovation,as well as the moderating effect of digital transformation on incentives and its heterogeneity is essential to precisely allocate subsidies,promote digital transformation,and improve the innovation quality of new energy enterprises.Taking A-share listed new energy enterprises from 2010 to 2020 as samples,this paper empirically investigates the asymmetric effect of R&D subsidies on the innovation quantity and quality of new energy enterprises.It also examines the moderating effect of digital transformation on the asymmetric effect of these subsidies.The findings reveal that the incentive effect of R&D subsidies on the innovation output in new energy enterprises is asymmetric.On the one hand,R&D subsidies significantly promote the innovation quantity of new energy enterprises,and this effect is consistent across state-owned enterprises(SOEs)and non-SOEs.On the other hand,R&D subsidies inhibit innovation quality and reduce the market value of innovation output.Moreover,this inhibitory effect is more significant in non-SOEs.Furthermore,digital transformation significantly mitigates the asymmetric effect of R&D subsidies on the quantity and quality of innovation in new energy enterprises.The inhibitory effect of R&D subsidies on innovation quality and the promoting effect on innovation quantity are more significant in the group with low digital transformation.When digital transformation improves,the inhibitory effect is significantly weakened,and the promoting effect is significantly lower.This indicates that digital technology drives enterprises to pay more attention to innovation quality and thus improves the utilization of subsidies.The contributions of this paper are as follows.First,it provides a comprehensive analysis of the asymmetric effect of R&D subsidies on the quantity and quality of innovation in new energy enterprises,expanding the research scope of government subsidies.Second,it updates the research perspective of enterprise
作者
尚洪涛
宋岸玲
SHANG Hongtao;SONG Anling(Beijing University of Technology,Beijing 100124)
出处
《首都经济贸易大学学报》
北大核心
2023年第5期36-49,共14页
Journal of Capital University of Economics and Business
基金
国家社会科学基金一般项目“提升民营科技企业创新质量的财税政策研究”(19BJY040)。
关键词
新能源企业
研发补贴
数字化转型
创新数量
创新质量
new energy enterprise
R&D subsidy
digital transformation
innovation quantity
innovation quality
