科研管理 ›› 2018, Vol. 39 ›› Issue (7): 43-49.

• 论文 • 上一篇    下一篇

企业规模、市场竞争与研发补贴的实施绩效

邢斐1,王红建2   

  1. 1.华中科技大学经济学院,湖北 武汉430074;
    2.暨南大学管理学院,广东 广州510632
  • 收稿日期:2015-07-01 修回日期:2017-07-04 出版日期:2018-07-20 发布日期:2018-11-06
  • 通讯作者: 邢斐
  • 基金资助:

    国家自然科学基金青年项目:“企业规模、市场竞争与研发补贴政策的实施绩效研究”(71403093, 2015.01-2017.12);国家社科基金重大招标项目“基于创新驱动的产业结构优化升级研究”(12&ZD045, 2012.09-2017.12)。

Firm size, market competition and implementation performance of R&D subsidy

Xing Fei1, Wang Hongjian2   

  1. 1. School of Economics, Huazhong University of Science and Technology, Wuhan 430074, Hubei, China;
    2. School of Management, Jinan University, Guangzhou 510632, Guangdong, China
  • Received:2015-07-01 Revised:2017-07-04 Online:2018-07-20 Published:2018-11-06

摘要: 研发补贴可以撬动更多私人创新,也可能直接替代和减少企业私人研发,这就产生了政策风险。减少这种政策风险成为发挥研发补贴实施效果的关键。本文提出一个协调一致的理论框架,分析与企业自身特征(规模)相关的政策风险,以及与外部市场竞争相关的政策风险是如何影响研发补贴政策实施绩效的。在此基础上,本文以沪深A股上市公司2008-2012年的数据作为样本,验证企业规模、市场竞争以及两者的各种组合对中国研发补贴政策绩效的调节作用,以识别各种政策风险在哪些条件下会得到缓解。结果发现:在市场竞争程度较小的行业中,不应资助规模过大的企业;在市场竞争程度较强的产业中,应避免资助规模过小的企业。本文可以为合理制定研发补贴政策提供参考建议。

关键词: 企业规模, 市场竞争, 研发补贴

Abstract: R&D subsidy can stimulate more private innovations, and it may also directly substitute and reduce R&D activities within firms, thus the policy risk arises. The key of successfully implementing R&D subsidy is reducing the policy risk. This paper proposes a coordinated theory framework to analyze how enterprises’own character (size) related hazard and market competition related hazard affect the performance of R&D subsidy. Using data of listed companies in China from 2008-2012 as a sample, this paper examines the moderating effects of enterprise size, market competition, and their combinations on R&D subsidy policies; besides, recognizing the terms, which can relieve the policy risk, attributes to the the improvement of R&D subsidy performance. The results indicate that government should avoid subsidizing large firms in low competitive industries and small firms in high competitive industries. Therefore, our study provides suggestions of making R&D subsidy policies reasonably in China.

Key words: firm size, market competition, R&D subsidy