摘要
在全球普遍关注高技术产业R&D能力的状况下,融资结构对R&D绩效的影响已成为亟待研究的问题。采用计量经济学的Panel Data模型分析我国高技术产业企业资金投入、金融机构贷款、政府资金投入等三种主要融资方式对创新绩效的作用程度,就会发现,不同资金来源对创新成果产生的影响差异较大,金融机构贷款相对于企业自筹经费和政府资金投入对创新绩效具有更显著作用。
The effect of financing structure on the R&D performance has become an urgent issue,since R&D capability of the high-tech industry is globally concerned. This paper is using Panel data model to analyze the effect of the high-tech industrial financing structure on the R&D performance,finding different methods of innovative financing have different impacts on the R&D performance. The loans from financial institutions have remarkable impact on the innovation performance compared to the self-financing enterprises and the government funding.
出处
《吉林大学社会科学学报》
CSSCI
北大核心
2009年第4期111-116,共6页
Jilin University Journal Social Sciences Edition
关键词
高技术产业
融资结构
R&D绩效
high-tech industry
financing structure
R&D performance
