领先企业创新投入对跟随企业创新投入的挤出效应  

The Crowding-out Effect of Innovation input of Leading Firms on Innovation input of Following Firms

作　　者：侯贵生[1] 刘界岑 HOU Guisheng;LIU Jiecen(College of Economics and Management,Shandong University of Science and Technology,Qingdao,Shandong 266590)

机构地区：[1]山东科技大学经济管理学院,山东青岛266590

出　　处：《商学研究》2024年第3期108-118,共11页Commercial Science Research

基　　金：国家社科基金后期资助项目“‘标准化+’助推区域产业转型升级的影响机制与政策建议研究”(20FJYB031)。

摘　　要：本文使用2013—2020年制造业上市公司数据,采用面板固定效应模型,从行业层面分析了市场中处于领先地位企业的创新投入对跟随企业创新投入的挤出效应,并探讨了行业竞争程度和行业管制对上述效应的调节作用。结果显示:行业内领先企业创新投入对跟随企业的创新投入具有挤出效应;行业竞争程度负向调节领先企业创新投入对跟随企业创新投入的挤出效应,即在竞争程度较高的行业,该挤出效应会被削弱;在政府管制程度较低的行业中领先企业创新投入对跟随企业创新投入的挤出效应较强,在政府管制程度较高的行业中该挤出效应则较弱。A panel fixed-effects model was used to analyze the crowding-out effect of innovation input of leading firms on innovation input of following firms in the manufacturing industry from 2013 to 2020.The study also explored the moderating effect of the degree of industry competition and industry regulation on the above effect.The results indicate that the innovation input of leading firms in the industry has a crowding-out effect on the innovation input of following firms.Additionally,the degree of competition in the industry negatively regulates this effect.In other words,in industries with high competition,the crowding-out effect of the innovation input from leading firms is weakened.However,in industries with lower government control,the crowding-out effect is stronger and significant.Additionally,in industries with high government control,the innovation input from leading firms is weakened.The impact of innovation inputs from leading firms in industries with higher levels of government regulation on crowding-out effects is weak and insignificant.

关 键 词：领先企业 跟随企业 创新投入 行业竞争 政府管制 

分 类 号：F273.1[经济管理—企业管理]