摘要
本文利用2011—2021年中国A股上市公司数据,实证检验资金支持和创新激励双重作用下专精特新政策对企业绩效的影响机理。研究发现,专精特新政策的实施对于提升企业绩效有显著促进作用,且对于不同特征企业的绩效水平存在差异性影响。其中,民营企业和国有企业更易受到专精特新政策的影响;东部和中部地区的政策实施效果较好,西部和东北地区尚未普遍享受到政策红利。研究结论的政策含义在于,要进一步完善专精特新政策体系,强化政府资金支持对企业生产经营及技术创新的放大效应,同时构建企业融通生态体系,加大对特定地区的政策支持。
With the data of Chinese A-share listed firms from 2011 to 2021,this paper empirically examines the influence mechanism of policy on enterprise performance under the dual effects of financial support and innovation incentives.The study found that the implementation of specialized and sophisticated development policies has a significant role in improving the enterprise performance.Furthermore,there are different impacts on the performance level of enterprises with different characteristics.Specifically,private enterprises and state-owned enterprises are more likely to be affected by the policies.The policy effect in the eastern and central regions is relatively good,while the western region and the northeast region have not yet generally enjoyed the policy dividend.The policy implications of the research conclusion include to further improve the specialized and sophisticated development policy system.It is also necessary to strengthen the amplification effect of government financial support on enterprise production,operation and technological innovation.At the same time,an enterprise financing ecosystem and increasing policy support in particular regions are essential.
作者
孙佳
吴小萌
Sun Jia;Wu Xiaomeng(School of International Education,Dalian University of Technology,Dalian 116024,China;School of Economics and Management,Dalian University of Technology,Dalian 116024,China)
出处
《中国科技论坛》
北大核心
2024年第2期71-81,共11页
Forum on Science and Technology in China
基金
辽宁省社会科学规划基金项目“智造强省战略下辽宁省专精特新企业发展模式与培育政策研究”(L22BJY013)。
关键词
专精特新政策
企业绩效
资金支持
创新激励
PSM-DID模型
Specialized and sophisticated development policy
Enterprise performance
Financial support
Innovation incentive
PSM-DID model
