国家大基金投入对半导体产业创新绩效的作用效果及机制研究  

Research on the Effect and Mechanism of National Integrated Circuit Industry Investment Fund on Semiconductor Industry Innovation Performance

作　　者：王宛秋[1] 张若凡 郄海拓 张雨昕 Wang Wanqiu;Zhang Ruofan;Qie Haituo;ZhangYuxin(College of Economics and Management,Beijing University of Technology,Beijing 100124,China;Institute of Science and Technical Information of China,Beijing 100038,China)

机构地区：[1]北京工业大学经济与管理学院,北京100124 [2]中国科学技术信息研究所,北京100038

出　　处：《中国科技论坛》2022年第6期101-110,122,共11页Forum on Science and Technology in China

基　　金：北京社会科学基金研究基地重点项目“促进北京高端制造业跨界融合发展的技术并购路径研究”(18JDGLA042)。

摘　　要：本文以半导体产业主要企业与国家大基金(一期)投资上市企业为样本,采用渐进双重差分法(渐进DID)对国家大基金(一期)投资与半导体企业创新绩效的作用效果予以实证测算,结合异质性研究进一步对其发挥作用的机制进行详细分析与探索。结果显示,国家大基金能促进半导体企业创新发展,对中部地区企业、国有企业、产业链中下游企业和资本密集度高的企业促进效果更优。研究结论为政策工具投放的时点、顺序与倾向等布局提供参考,也为重点产业政府产业引导基金的合理应用提供借鉴。Taking the semiconductor industry leading enterprises and the national integrated circuit industry investment fund(first phase)in listed companies as samples,the research applies the generalized difference-in-difference(DID)to explore the national integrated circuit industry investment fund(first phase)to the semiconductor enterprise innovation performance effect in empirical estimates.According to the results,the national integrated circuit industry investment fund can help development of semiconductor industry.The entrance of national integrated circuit industry investment fund could get better results in the enterprises in midland,state ownership,located in the mid-downstream of the industry chain and high capital intensity.The conclusions provide a reference of policy instruments layout in order,time point and tendency,and provide a reasonable application of government industrial guide funds for important industries.

关 键 词：国家大基金 政府产业引导基金 半导体产业 产业政策 作用机制 

分 类 号：G322.0[文化科学]