地理位置、环境规制与企业创新转型  

Geographical Location,Environmental Regulation and Enterprise Innovation Transformation

作　　者：曾义[1] 冯展斌[2] 张茜[1] 

机构地区：[1]湖北经济学院会计学院,湖北武汉430205 [2]上海财经大学会计学院,上海200433

出　　处：《财经研究》2016年第9期87-98,共12页Journal of Finance and Economics

基　　金：教育部人文社科基金项目(13YJC630216);湖北省教育厅人文社会科学研究项目(16Q195);湖北经济学院校级青年科研项目(XJ2015011)

摘　　要：关注环境规制对企业技术创新影响的波特假说越来越受到我国政府和学者的重视。文章将地理位置纳入波特假说的分析框架中,从融资约束和市场需求的角度考察了不同地理位置的公司在环境规制下的创新转型行为。研究发现,环境规制越严厉,越有助于提升污染企业的创新投入水平,进而促进企业转型;与地处中心城市的企业相比,处于偏远地理位置的企业创新投入水平较低,环境规制对偏远地区企业创新转型的积极作用较弱。进一步的研究表明,通过政府财政补贴的方式可以缓解偏远地区企业的融资约束和市场需求不足的问题,从而促使其在环境规制背景下顺利实现创新转型。文章的研究有助于深刻认识全面推动企业转型升级战略所面临的阻力,而且为我国的"城市圈"扩容建设以及财政补贴资金向偏远地区倾斜提供了微观证据支持。The Porter hypothesis that focuses on the effect of environmental regulation on the transformation of enterprise innovation is attracting increasingly more and more attention from governments and scholars in China.This paper incorporates geographical location into the analytical framework of Porter hypothesis,and explores the innovation transformation of companies with different geographical location in the background of environmental regulation from the perspectives of financing constraints and market demand.It concludes that stricter environmental regulation helps to enhance the innovation investment level of polluting enterprises and then advance enterprise transformation.Compared with the enterprises that are located in the central cities,the enterprises located in remote regions have lower innovation investment level,and environmental regulation plays a weaker role in activating innovation transformation of enterprises located in remote regions.Further study shows that government fiscal subsidies can relieve financing constraints and insufficient market demand that enterprises located in remote regions suffer,thereby promoting their successful completion of innovation transformation in the context of environmental regulation.It contributes to a more profound understanding of resistance when the enterprises promote transformation and upgrading strategy comprehensively,and provides empirical evidence at the micro level for expansion construction of urban circle and the rationality of the tilt state of financial subsidies to remote areas.

关 键 词：地理位置 环境规制 创新转型 财政补贴 

分 类 号：F275.1[经济管理—企业管理]