金融在区域创新能力提升中的作用——基于中国省级面板数据的分析  

Roles of finance on the improvement of regional creativity:based on the analysis with Chinese provincial panel data

作　　者：李健 卫平[2] 

机构地区：[1]湖北省发展规划研究院有限公司 [2]华中科技大学经济学院

出　　处：《城市问题》2016年第7期55-63,共9页Urban Problems

基　　金：教育部哲学社会科学研究重大课题攻关项目(10JZD0017)--战略性新兴产业发展研究

摘　　要：在知识生产函数框架下,利用2000-2012年省级平衡面板数据构建了动态面板模型,从金融规模发展和金融效率发展两个维度衡量了金融发展水平,实证检验了金融发展对创新能力的影响。结果表明:金融规模和金融效率均对区域创新能力具有显著的促进作用;研发资本投入的创新产出效应高于研发人员投入的创新产出效应,且创新生产过程呈现出规模报酬递减的特征;加大金融体制改革力度,完善金融体系,能够有效缓解企业尤其是中小企业的融资约束,提高企业技术创新成功的概率,最终产生更大的创新能力提升效应。With the framework of knowledge production function, this essay analyzes the influence of financial development on regional innovation capability by using the dynamic panel model with balanced panel data of 30 provincial level units from 2000 -2012 in China. The empirical results show that both financial scale and financial efficiency significantly promote regional innovation capability, and that is to say, financial development has a positive effect on regional innovation capability. It is also proved that the innovative effect of R＆D capital input surpass that of R＆D personnel input, and that the process of innovative output shows the characteristics of decreasing returns to scale. Therefore, it needs to intensify the reform of financial system and improve the financial system. That could effectively ease the financing constraints faced by the enterprises, especially small and medium - sized enterprises, enhance the success probability of technological innovation and promote the regional innovation capability.

关 键 词：金融发展 区域创新能力 知识生产函数 

分 类 号：F832.1[经济管理—金融学]