摘要
通过建立静态和动态面板模型,实证研究我国科技金融发展对区域科技创新的作用效果,并进一步研究了数字经济对其作用效果的调节效应.研究结果表明:科技金融对科技创新具有明显的支持作用,但主要体现在短期,长期作用效果降低.不同科技金融方式在创新不同阶段作用效果存在差异,在新技术研发和成果转化的过程中,起支持作用的主要是财政科技支出和金融机构科技贷款;进入技术推广及产业化阶段,金融机构科技贷款仍具有支持效果,风险投资的作用逐渐显现;在科技金融支持科技创新的过程中,数字经济具有正向调节效应.
Basing on the static and dynamic panel models,the effect of the development of sci-tech finance on regionat sci-tech innovation in China is empirically studied,and the moderating effect of digital economy on that effect is explored.It is found that:sci-tech finance plays an obvious role in supporting sci-tech innovation,but this is mainly reflected in the short term,and the long-term effect is reduced.The effect of different sci-tech finance is discrepant at different stages of sci-tech innovation.Fiscal expenditure and financial institution loans on sci-tech finance plays the main supporting effect on the stage of technology research and achievement transformation;financial institution loans on sci-tech finance still plays an important role,and the role of venture capital is growing at the stage of technology promotion and industrialization;in the process of supporting sci-tech innovation through sci-tech finance,digital economy has a positive moderating effect.
作者
李静
韩颖
曹艺馨
姚欣雨
LI Jing;HAN Ying;CAO Yi-xin;YAO Xin-yu(School of Business Administration,Northeastern University,Shenyang 110169,China;School of Hispanic and Portuguese Studies,Beijing Foreign Studies University,Beijing 100089,China;College of International Business,Shenyang Normal University,Shenyang 110034,China)
出处
《东北大学学报(自然科学版)》
EI
CAS
CSCD
北大核心
2024年第8期1209-1216,共8页
Journal of Northeastern University(Natural Science)
基金
青海省基础研究计划项目(2023-ZJ-606)
沈阳市哲学社会科学专项基金资助项目(SY202235Y)。
关键词
科技金融
科技创新
数字经济
调节效应
财政科技支出
sci-tech finance
sci-tech innovation
digital economy
moderating effect
fiscal expenditure on science and technology