研发投资动机、影响因素及其经济后果研究述评

A Review of the Research on Motivation,Influencing Factors and Economic Consequences of R&D Investment

从研发投资的动机、影响因素及其经济后果等方面总结了现有文献的研究成果,发现其中存在几点不足之处:(1)现有文献尚未以宏观经济政策为分析起点,考察后者对企业研发投资的影响及其经济后果;(2)现有文献尚未构建一个将某一经济政策、企业研发投资、创新产出和企业价值等因素纳入其中的理论框架;(3)现有文献大多对政府激励政策的效果给予完全正面或负面的评价,这是不足以全面概括政府激励效果的多面性的;界定政府与市场行为的边界或效率边界,具有更为深层的意义。此外,经济政策对研发投资绩效的作用所具有的企业特征差异性研究,仍显欠缺。

This paper summarizes the research results of the existing literature in terms of the motivation,influencing factors and economic consequences of R&D investment,and finds that there are several deficiencies:(1)the existing literature has not yet taken macroeconomic policy as the starting point to investigate the impact of the latter on R&D investment and its economic consequences;(2)the existing literature has not yet constructed a certain economic policy Research and development investment,innovation output,enterprise value and other factors are included in the theoretical framework;(3)most of the existing literature gives a full positive or negative evaluation of the effect of government incentive policies,which is not enough to comprehensively summarize the multi-faceted effect of government incentive;defining the boundary or efficiency boundary between government and market behavior has a deeper significance.In addition,the research on the difference of enterprise characteristics of the role of economic policies on R&D investment performance is still scarce.