风险投资对区域技术创新及其效率的影响研究——基于空间面板随机前沿模型  

Research on the Impact of Venture Capital on Regional Technological Innovation and Its Efficiency——Based on Spatial Panel Stochastic Frontier Model

作　　者：杨宝华[1] 周璎珞 Yang Baohua;Zhou Yingluo(School of Finance and Business,Shanghai Normal University,Shanghai 200234,China)

机构地区：[1]上海师范大学商学院,上海200234

出　　处：《齐鲁师范学院学报》2022年第2期118-125,共8页Journal of Qilu Normal University

摘　　要：文章在理论分析基础上,通过实证研究阐述了风险投资金额对区域技术创新的影响以及作为衡量区域技术创新的投入要素的合理性,考虑到在区域问题中纳入空间影响分析的必要性,构建空间面板随机前沿模型,研究结果表明:风险投资的确对区域技术创新有着显著的正向影响,不同区域之间的技术创新存在空间相关关系。通过构建固定效应面板数据模型研究了影响区域技术创新效率的影响因素,从回归结果可以看出,除市场开放程度之外,其他影响因素均显著影响区域技术创新效率。Based on theoretical analysis,the article conducts empirical research,expounds the impact of venture capital amount on regional technological innovation and its rationality as an input factor for measuring regional technological innovation.Considering the necessity of including spatial impact analysis in regional issues,the spatial panel stochastic frontier model of panel data is constructed.It shows that venture capital does have a significant positive impact on regional technological innovation,and there is a spatial correlation between technological innovations in different regions.We study the influencing factors affecting the efficiency of regional technological innovation by constructing a fixed-effect panel data model.From the regression results,we can see that,except for the market openness,other influencing factors significantly affect the efficiency of regional technological innovation.

关 键 词：风险投资 区域技术创新 效率测度 空间随机前沿模型 

分 类 号：F830.59[经济管理—金融学]