基于PEP-H四要素模型的科技型企业遴选方法研究——以A股上市企业为例  

Research on the Selection Method of Science and Technology Enterprises Based on the PEP-H Four-element Model: Taking A-share Listed Companies as an Example

作　　者：崔笛[1] 高影繁[1] 李岩[1] 刘志辉[1] Cui Di;Gao Yingfan;Li Yan;Liu Zhihui(Institute of Scientific and Technical Information of China,Beijing 100038,China)

机构地区：[1]中国科学技术信息研究所,北京100038

出　　处：《科技管理研究》2022年第19期89-96,共8页Science and Technology Management Research

基　　金：青海省重点研发与转化计划项目“基于科技大数据的企业深度价值评估系统开发与应用”(2021-GX-113);中国科学技术信息研究所重点工作项目“上市公司年报数据库建设及服务系统研发”(ZD2022-11)。

摘　　要：以相关政策文件和事实数据为基础构建一种基于PEP-H四要素模型的科技型上市企业遴选方法,并以全部A股上市企业为遴选样本,借助企业市场竞争力评估模型进行实证研究发现,相较于非科技型上市企业,本方法所遴选的科技型上市企业整体上具备相对更高的收益水平、更快的资产增长速度,以及更强的财务稳定性和抗风险能力,但仍然与国家级高新技术上市企业存在一定差距;在国家级高新技术企业中,又以通过核心要素遴选的企业具备更强的综合市场竞争力。实证结果表明研究所提出的科技型上市企业遴选办法是简单、科学且有效的。Based on relevant policy documents and factual data, this research constructs a selection method of science and technology-based listed companies based on the PEP-H four-element model, takes all A-share listed companies as the selection samples, and uses the enterprise market competitiveness evaluation model to conduct the empirical research. The study found that compared with non-tech listed companies, the science and technology-based listed companies selected by this method have relatively higher returns, faster asset growth, and stronger financial stability and anti-risk capabilities, but there is still a certain gap with the national high-tech listed enterprises. Among the national high-tech enterprises, the enterprises selected through the core elements have stronger comprehensive market competitiveness. The above research results show that the selection method proposed by this research is simple,scientific and effective.

关 键 词：科技型企业 上市企业 市场竞争 

分 类 号：G301[文化科学]