基于深圳中小板的家族企业与创新投入关系的实证研究  

Could the Distinct Characteristics of Family Firms Promote R&D Investment

作　　者：关勇军[1,2] 瞿旻[1] 

机构地区：[1]广西工学院财经学院,广西柳州545006 [2]中南大学商学院,湖南长沙410083

出　　处：《中国科技论坛》2012年第7期38-43,共6页Forum on Science and Technology in China

基　　金：广西哲社青年项目(11FGL034);国家自然科学基金(70871122)

摘　　要：本文认为,企业组织类型会影响创新投入,家族企业作为一种特殊的企业组织类型,其拥有特质和创新投入之间的关系是不确定的。本文从代理成本,资源禀赋,风险承受能力等方面分析了家族企业的特质对研发强度的影响,并以深圳中小板2006—2009年的数据为样本,得出了我国深圳中小板家族企业比非家族企业的研发强度要高的研究结论。This paper considers that ： The types of organizations can affect the R＆D investment ; Family firms as special type of organi- zations, its relationship between distinct characteristics and R＆D investment is unclear. From the angles of agency costs, resource en- dowment and risk-taking behavior, this paper analyzes how the distinct characteristics of family firms affect R＆D intensity. Based on the panel data of publicly held firms in Shenzhen stock market from 2006 to 2009, it puts forward that family firms＇ R＆D intensity is stron- ger compared with nonfamily firms.

关 键 词：家族企业 代理成本 研发投资 

分 类 号：F062.3[经济管理—政治经济学]