基于Heckman两步法的银行偏好研究--来自中关村科技企业的证据  

Research on bank Loan preferences based on heckman's two steps method——evidence from tech companies in zhongguancun science park

作　　者：苏海玲 文竹 崔静静 SU Hai-ling;WEN Zhu;CUI Jing-jing(School of Economics and Management,Inner Mongolia University of Technology,Hohhot 010051,China)

机构地区：[1]内蒙古工业大学经济管理学院,内蒙古呼和浩特010051

出　　处：《内蒙古工业大学学报（自然科学版）》2021年第2期153-160,共8页Journal of Inner Mongolia University of Technology：Natural Science Edition

摘　　要：企业在研发投入、研发合作和创新产出等环节的不同表现,可能会不同程度的影响银行的放贷意愿。政府通过科技金融政策引导金融资源支持科技创新,如果能了解银行的真实意愿,则政策的制定会更有针对性.本文利用2008-2015年中关村自主创新示范区的数据,对科技企业研发投入、研发合作和创新产出与银行贷款之间的关系进行实证研究,发现对于科技企业,研发投入增加会减少银行贷款,而专利产出增加能加大银行贷款.Different performances of enterprises in R&D investment,collaboration and innovation output may affect the willingness of banks to lend.The Chinese government guides financial resources to technology companies to support scientific and technological innovation through scientific and technological financial policies.If the real wishes of banks can be understood,the formulation of policies will be more targeted.Based on the financial data of technology companies of Zhongguancun innovation demonstration park from 2008 to 2015,this paper makes an empirical study on the relationship between R&D investment,R&D collaboration,innovation output and bank loans to tech enterprises.It is found that for technology enterprises,the increase of R&D investment will incur reduced bank loans,while the increase of patent output can invite increased bank loans.

关 键 词：科技金融 科技贷款 研发投入 专利 中关村 

分 类 号：F832[经济管理—金融学]