组织资本与企业创新  

Organization Capital and Firm Innovation

作　　者：徐茗丽[1] 孔东民[1] 代昀昊[1] 

机构地区：[1]华中科技大学经济学院

出　　处：《金融学季刊》2016年第1期73-96,共24页Quarterly Journal of Finance

基　　金：国家自然科学基金(71372130;71173078);中组部“青年拔尖人才计划”的资助

摘　　要：本文在定量构造组织资本测度的基础上，结合企业专利数据，考察了组织资本与企业创新的关系。研究发现，组织资本能够显著地推动企业创新。进一步，国有控股的企业产权性质、更低的员工激励水平对组织资本的创新效果有负面影响，而激烈的行业竞争则呈现出了积极的影响。这丰富了我们对组织资本与企业创新之间关系的认识，并为企业发展及产业政策的制定提供了具有操作性的建议。Based on the quantitative measure of organization capital, this paper examines the relationship between firm-specific organization capital and innovation with the manual-collected pa-tent data, and draw a series of conclusions： First, organization capital facilitates innovation significantly Second, state-ownership and low-level incentives for employees reduce the innovation efficiency of organization capital; Third, intense industrial competition promotes the positive effect of organization capital. These findings deepen our understanding of how organization capital affectsfirm innovation, providing clear and practical recommendations for industrial policy-making and enterprise development.

关 键 词：组织资本 创新 产权 员工激励 行业竞争 

分 类 号：F270[经济管理—企业管理]