内部资源配置效率对创新投入的影响--基于创业板企业的经验证据  

The Effect of Internal Resource Allocation Efficiency on Innovation Investment--Empirical Evidence Based on Growth Enterprise Market

作　　者：夏慧 王卫星 Xia Hui;Wang Weixing(Business College,Changzhou University,Changzhou 213164,China)

机构地区：[1]常州大学商学院,江苏常州213164

出　　处：《经济研究导刊》2023年第5期18-22,共5页Economic Research Guide

基　　金：国家哲学社会科学基金重点项目“民营科技企业融资结构对创新效率的影响机理及优化对策研究”(17AGL012)。

摘　　要：创新活动不仅受外部因素的影响,而且更离不开企业自身资源条件的支撑。聚焦企业的资产资源,选取2015—2019年我国创业板企业的数据,研究内部资源配置效率对创新投入的影响。结果显示:持有一定的现金资产有利于企业开展创新活动,全部资产现金回收率对创新投入有显著的正向影响;存货资产占比反向抑制创新投入,要缩短存货周转期;持有固定资产不利于企业创新投入,加速固定资产折旧能够充实企业内源融资资源,从而促进企业创新投入水平的提高。总之,合理配置资产资源、提高资产使用效率对提升企业创新投入至关重要。Innovation activities are not only affected by external factors,but also inseparable from the support of the enterprise’s own resource conditions.Focusing on the assets and resources of enterprises,this paper selects data from China’s GEM enterprises from 2015 to 2019 to study the impact of internal resource allocation efficiency on innovation investment.The results show that holding a certain amount of cash assets is beneficial for enterprises to carry out innovation activities,and the cash recovery rate of all assets has a significant positive impact on innovation investment;the proportion of inventory assets reversely inhibits innovation investment and shortens the inventory turnover period;holding fixed assets is not conducive to enterprise innovation investment,and accelerating depreciation of fixed assets can enrich internal financing resources of enterprises,thereby promoting the improvement of enterprise innovation investment level.In short,rational allocation of asset resources and improvement of asset utilization efficiency are crucial to enhancing enterprise innovation investment.

关 键 词：内部资源配置 创新投入 资产结构 资产效率 创业板企业 

分 类 号：F275.3[经济管理—企业管理]