战略性新兴产业突破性创新路径:技术并购还是自主研发  

Breakthrough Innovation Path of Strategic Emerging Industries: Technology Merges and Acquisitions or Independent Research and Development

作　　者：刘凤芹[1] 苏美丽 LIU Fengqin;SU Meili(School of Economics,Dongbei University of Finance and Economics,Dalian 116025,China)

机构地区：[1]东北财经大学经济学院,辽宁大连116025

出　　处：《科学学与科学技术管理》2022年第8期117-136,共20页Science of Science and Management of S.& T.

基　　金：国家自然科学基金项目(71272053)。

摘　　要：战略性新兴产业突破性创新能力是打破产业发展技术瓶颈,转变发达国家核心技术垄断局面的重要驱动力。选择何种路径提升战略性新兴产业突破性创新能力一直是国家产业发展战略关注的焦点问题。以2010—2018年战略性新兴产业上市公司数据为样本,采用渐进式双重差分模型实证检验了不同条件下技术并购和自主研发对战略性新兴产业突破性创新的差异性影响。结果显示,第一,从时间维度来看,短期内,由于我国战略性新兴产业整体创新能力仍未达到国际前沿水平,相比于自主研发,采用技术并购更能促进战略性新兴产业突破性创新能力的提升;但长期中自主研发才是实现突破性技术发展的根本途径。第二,从企业异质性来看,当企业市场势力较强或技术基础较强时,进行技术并购比内部自主研发更能在短期内显著提升战略性新兴产业突破性创新能力。Strategic emerging industries are based on major technological breakthroughs and major development needs and play a major leading role in the overall and long-term development of economy and society. Their breakthrough innovation ability is an important driving force to break the bottleneck of industrial technology development and change the monopoly of core technology in developed countries. With the improvement of the innovation level of China’s high-tech enterprises and the acceleration of technology renewal, foreign technology introduction, patent purchase and other similar external technology acquisition paths can no longer serve enterprises with high innovation intensity. In order to break through the foreign technology blockade and reduce the external disputes of cooperative innovation, more and more high-tech enterprises in strategic emerging industries take technology mergers and acquisitions(M&A) and independent research and development(R&D) as the main innovation path. However, there is no unanimous conclusion on which innovation path of technology M&A and independent R&D can better promote the breakthrough innovation of strategic emerging industries, which needs further research and analysis.In previous studies, many scholars have investigated the impact of independent R&D or technology M&A on enterprise innovation performance. In recent years, most domestic studies have focused on the single issue of whether technology M&A can improve enterprise innovation performance. Not only did not pay attention to whether technology M&A in strategic emerging industries really promoted the improvement of enterprises’ breakthrough innovation ability, but also did not bring independent R&D and technology M&A into the same framework. There was a lack of comparison between enterprises in the efficiency of innovation path selection between technology M&A and independent R&D, which could easily lead to the lack of independent R&D and blind M&A. In view of the above problems, this paper focuses on the comparison of

关 键 词：突破性创新 渐进式双重差分 市场势力 技术基础 

分 类 号：F062.4[经济管理—政治经济学] F273.1