政府研发资助方式对企业创新投入与创新绩效的影响研究

The Effects of Different Ways of Government R&D Investment on Enterprise Innovation Investment and Performance

政府研发资助方式分为经费补助直接方式和税收优惠间接方式。以广东省1 002家高新技术企业微观数据为研究样本,实证分析这两种方式对企业创新投入与创新绩效的不同影响。研究表明:直接资助方式对企业研发资金投入更易产生"挤出效应",间接资助方式对企业研发资金投入更易产生"杠杆效应";直接资助方式对企业人力投入更易产生影响效应,间接资助方式对企业研发资金投入更易产生影响效应;直接资助和间接资助方式对企业创新绩效均具有激励作用,但直接资助方式对企业创新绩效影响效应更大;直接资助方式对初创型企业创新绩效的影响效应更大,间接资助方式对大型企业创新绩效的影响效应更大。

In this study,government R＆D funding policy is divided into two ways：direct way and indirect way, which is referred to as financial support and tax preference, and then some research on the issues about the relationship between policies and enterprise innovation investment and innovation performance are carried out respectively. Based on the data from 1002 high-tech enterprises,it is con- cluded as follows. Firstly,with the financial support, enterprise R＆D investment is prone to cause the crowing--out effect,while tax preference is trended to produce the leverage effect. Secondly, the former has a stronger influence on human inputs while the latter has a stronger influence on enterprise R＆D investment. Thirdly, the former has a greater impact on the enterprise innovation performance though both of enterprise R＆D investment and tax preference plays an important role in improving in-novation performance. Finally, the former has a greater impact on the innovation performance of mi- cro and start--up enterprises, while the latter has a greater impact on the innovation performance of large enterprises.