企业创新决策中的“互鉴”行为研究——基于同群效应视角的空间计量分析  

Research on the“Mutual Reference”Behavior in Enterprise Innovation Decision-making——Spatial Econometric Analysis From the Perspective of Peer Effects

作　　者：阳佳余 孙源璐 Yang Jiayu;Sun Yuanlu(School of Finance,Nankai University,Tianjin 300350,China)

机构地区：[1]南开大学金融学院,天津300350

出　　处：《工业技术经济》2024年第10期139-149,共11页Journal of Industrial Technology and Economy

基　　金：国家社会科学基金重大项目“超大规模国内市场优势与国内外市场联动”(项目编号:23ZDA054);国家社会科学基金面上项目“企业绿色转型的决策逻辑和组态驱动机制研究”(项目编号:23BGL016)。

摘　　要：本文选取2014~2022年A股上市公司数据,运用动态空间杜宾模型研究企业创新决策中是否存在行业和地区同群效应。研究结果表明,企业在决定自身研发投入强度时会参考、模仿行业和地区同群其他企业决策;进一步分析发现,领导者和追随者企业间出于学习、竞争等动机的借鉴互动行为是同群效应产生的重要机制。从外部环境来看,经济政策不确定性、媒体关注度、政府创新偏好因素对企业创新决策同群效应具有调节作用。最后,合理参考同群企业创新决策有助于提高企业创新成果产出水平,同群效应可成为相关部门“以点带面”推动行业和区域创新协同的重要依托。This research studies the industry and regional peer effects of enterprise innovation decision-making using the dynamic space Durbin model based on data from A-share listed companies from 2014 to 2022.The results indicate that companies will refer to the decisions of other companies in the same industry and region when deciding their own R&D investment intensity.Further analysis reveals that the interaction behavior between leaders and followers driven by learning,competition,and other motivations is an important mechanism for the peer effects.From the perspective of external environment,economic policy uncertainty,media attention,and government innovation preferences have moderating effects on the peer effects of enterprise innovation decision-making;Finally,reasonable reference to peer enterprisesdecisions help improve the level of innovation output of enterprises.Therefore,peer effects can become an important starting point for relevant departments to promote industry and regional innovation synergy.

关 键 词：创新决策 同群效应 经济政策不确定性 媒体关注度 政府创新偏好 创新成果产出 创新竞争 空间杜宾模型 

分 类 号：F272[经济管理—企业管理] F273.7[经济管理—国民经济]