摘要
能源消费和供给的重要性使得政府给予能源企业技术创新更多关注和支持,能源企业经营存在较大风险使得能源企业技术创新能力对财务绩效的影响呈现一定特殊性。以我国能源企业2013-2018年技术创新投入与产出能力指标为样本数据,采用因子分析法和动态面板门槛效应模型,在评价能源企业技术创新能力的基础上,分别研究能源企业技术创新投入和产出能力对财务绩效的影响及企业规模门槛效应。研究结果表明,能源企业的技术创新投入和综合能力对财务绩效的影响存在显著的门槛效应,而产出能力的表现并不显著。研究结果可为国家和能源企业的技术政策制定和创新投入决策提供参考。
The importance of energy consumption and supply has led the government to give more attention and support to energy companies’ technological innovation. There is a greater risk in the operation of energy companies,so that the impact of energy companies’ technological innovation capabilities on financial performance is certain. Taking the indicators of technological innovation input and output capacity of China’s energy companies from 2013 to 2018 as sample data,using factor analysis and dynamic panel threshold effect models,on the basis of evaluating the technological innovation capabilities of energy companies,the impact of the technology innovation input and productivity of energy companies on financial performance and the threshold effect of enterprise scale are studied separately. The results of the study show that there is a significant threshold effect on the impact of technological innovation input and comprehensive capabilities of energy companies on financial performance,while the performance of output capabilities is not significant. The results of the study can provide a reference for the technology policy formulation and innovation investment decisions of the country and energy companies.
作者
杨惠贤
张炜晗
Yang Huixian;Zhang Weihan(The Research Center of Oil‑Gas Resource Economic Management,Xi’an Shiyou University,Xi’an 710065,China)
出处
《技术经济》
CSSCI
北大核心
2020年第8期1-9,34,共10页
Journal of Technology Economics
基金
陕西省教育厅重点项目“油价波动对陕西原油经济可采储量及开发生产的影响研究”(16JZ052)。
关键词
能源企业
技术创新能力
财务绩效
门槛效应
energy companies
technological innovation capabilities
financial performance
threshold effect
