政府认定对高新技术企业研发支出的影响——兆驰股份案例分析  

The Impact of Government's Determination on R&D Expenditure in High-Tech Companies:a Case Study of Shenzhen MTC Co.,Ltd.

作　　者：王雪[1] 周金链 Wang Xue;Zhou Jinlian(School of Accountancy,Southwestern University of Finance and Economics,Chengdu 611130,China;Yichang Changjiang Machine Technology Co.,Ltd.,Yichang 443003,China)

机构地区：[1]西南财经大学会计学院,四川成都611130 [2]宜昌长机科技有限责任公司,湖北宜昌443003

出　　处：《科技进步与对策》2018年第15期96-104,共9页Science & Technology Progress and Policy

基　　金：教育部人文社会科学研究青年基金项目(12YJC630218)

摘　　要：以2011-2015年我国内地上市高新技术企业研发数据为样本,发现我国高新技术企业研发强度具有普遍扎堆3%、且围绕3%动态调整的独特现象,即阈值效应。分析表明,我国高新技术企业研发支出可能只是为了迎合当前政府认定政策的门槛值。进一步研究发现,高新技术企业这种普遍集中于3%的实际研发支出水平,与能给企业带来最大绩效的最优研发支出水平相差甚远,最终会给企业带来绩效损失。以兆驰股份为案例,采用单案例研究方法,分析案例公司产生阈值效应的根本原因及具体形式,并提出高新技术企业应完善公司治理结构,政府应调整优惠政策力度,监管机构应健全认定政策,国家应改善外部研发环境等建议,以有效遏制研发支出的阈值效应,切实促进高技术企业创新活动。Based on the RD data of listed high-tech companies in China from 2011 to 2015,this paper finds that the RD intensity of high-tech companies significantly aggregate around 3%,which is indicated threshold effect.This phenomenon illustrates that the RD intensities of high-tech companies are sustained at a policy level,just meeting the current recognition for high-tech companies.Further research finds the RD intensity which can give the enterprises optimal margin performance is far higher than 3%.Based on the case study of Shenzhen MTC Co.,Ltd.,this paper analyzes the root cause and the specific form of the threshold effect by using the single case study method.To sum up,this paper puts forward that the high-tech companies should improve the corporate structure,the government should adjust the preferential policies,the regulatory authorities should improve the policy about the recognition,and the state should improve the external RD environment.So that the threshold effect of RD investment can be curbed,and the innovation activities of high-tech companies can be effectively promoted.

关 键 词：政府认定 高新技术企业 研发支出 阈值效应 

分 类 号：F204[经济管理—国民经济]