战略性新兴产业中政府补贴对企业创新的影响

The impact of government subsidies on corporate innovation in strategic emerging industries

关于政府补贴对企业创新的影响的研究一直受到广泛关注,以往多从资源的视角对此进行探讨,但极少有研究从信号传递的视角来做分析。本研究试图以战略性新兴产业为对象,就政府补贴在企业创新中的资源属性和信号属性作用进行探究,对以往研究做出补充。研究发现：第一,政府补贴能够发挥资源属性的作用,促进战略性新兴产业内企业的创新投入,带动创新产出;第二,政府补贴能够发挥信号属性作用,帮助企业获取利益相关者的资源和支持,直接促进企业的创新产出。本研究有助于更好地理解政府补贴在战略性新兴产业发展中的推动作用,具有重要的理论和实践意义。

Previous studies have paid a lot of attention to the relationship between government subsidies and corporate innovation. Most studies explored this relationship from the resource view, but only few studies looked into it from the signaling theory. Using the sam- ples of enterprises in strategic emerging industries, this paper sets out to discuss the relationship from the two perspectives. We find that, in strategic emerging industries, government subsidies not only act as resources, which can promote corporate innovation input. It can also release the signals that the enterprises are in fast and healthy development, which can help enterprises obtain support and in- novation related resources from the stakeholders, and ultimately promote corporate innovation output. To sum up, this paper helps us to better understanding the functions of government subsidies in strategic emerging industries, which has important theoretical and practi- cal contribution.