代际传承背景下家族企业继任二代创新投入水平研究——基于差序格局视角  

Research on the Level of Innovation Investment of the Second Generation in Family Business under the Background of Intergenerational Succession:Perspective of Differential Order Pattern

作　　者：刘子旭[1,2] 王满[1] LIU Zixu;WANG Man(School of Accounting,Dongbei University of Finance and Economics,Dalian 116025,China;School of Economics and Management,Heilongjiang Bayi Agriculture University,Daqing 163319,China)

机构地区：[1]东北财经大学会计学院,辽宁大连116025 [2]黑龙江八一农垦大学经济管理学院,黑龙江大庆163319

出　　处：《商业经济与管理》2021年第12期80-96,共17页Journal of Business Economics

基　　金：黑龙江省哲学社会科学研究规划项目“财务柔性中介路径下政企关联对东北民营企业创新的影响研究”(19GLE322)。

摘　　要：利用2004—2018年1074个家族企业年度样本的非平衡面板数据,基于"本土情景"的差序格局视角,实证考察继任二代履新后创新投入水平。研究结果表明,限定其他条件,继任二代在以创立一代为中心的差序格局中关系越强,履新后创新投入水平越低。进一步引入家族企业异质性发现,创立一代"离而不休"会强化差序格局与创新投入之间负相关关系,即对创新水平产生抑制作用;而政企关联和非家族成员高管介入,均会弱化差序格局与创新投入之间负相关关系,即对创新水平产生促进作用。Based on the unbalanced panel data of 1074 annual samples of family firms from 2014 to 2018,this paper empirically investigates the innovation investment level of the second generation successor after taking office from the perspective of the Differential Order Pattern under local scenarios. The empirical study shows that the stronger the relationship between the incoming second generation and the outgoing first generation,which is depicted under the Differential Order Pattern centred upon the first generation,the lower the innovation investment level after taking office of the successor. In further study of family business heterogeneity,the result shows that the“retired but not retreat”of the outgoing generation strengthens the negative correlation between the Differential Order Pattern and innovation input,that is,there is an inhibitory effect on innovation level. Political connection and non-family executive intervention weaken the negative correlation between the Differential Order Pattern and innovation input,that is,they promotes the level of innovation.

关 键 词：代际传承 创新投入 差序格局 社会情感财富 家族企业 

分 类 号：F272.3[经济管理—企业管理]