相关性分类视角下政府补贴对企业研发投入的影响——基于中小板上市公司的实证研究

The Impact of Different Correlation's Government Subsidy for Corporation R&D Investment under the Perspective of Correlation Classification——an Empirical Study on the SME Board Based on Listed Corporation

根据《企业会计准则第16号——政府补助》规定,政府补助可分为与资产相关的和与收益相关的,但两者对企业研发投入到底有何影响?基于此,运用2010—2014年中小板上市公司面板数据从相关性分类的角度,展开政府补助对研发投入影响效应的实证研究。研究表明,与资产相关的政府补助能显著促进中小企业的研发投入,且与补助强度呈"倒U"型关系,东部地区和高技术产业的影响更为显著,与收益相关的政府补助和研发投入无显著相关性。

According to the CAS16 Government Subsidy, government subsidy can divide into the government subsidy correlated to asset and the government subsidy correlated to income, but what influence can the government subsidy correla- ted to asset and the government subsidy correlated to income impose on the corporation R＆D investment？ In view of this, based on the panel data of SME in China from 2010 to 2014, this article measures the influence of government subsidy of the different correlation on the corporate R＆D investment. The study indicates the government subsidy can obviously promote the R＆D investment of SME ; this promoting role shows an ＂inverted U type＂ relationship with the government subsidy cor- related to asset, also more manifest in east area and high - technology industry. This study also shows there is no any corre- lation of the government subsidy correlated to income with R＆D investment.