数字金融对科技型中小企业技术创新效率的影响——基于政府研究与开发(R&D)补贴协同作用的分析  

The Impact of Digital Finance on the Technological Innovation Efficiency of Technology-Based Small and Medium-Sized Enterprises:Analysis Based On the Synergy Effect of Government Research and Development(R&D)Subsidies

作　　者：邱添 高良谋[1] 张江朋[2] Qiu Tian;Gao Liangmou;Zhang Jiangpeng(School of Business Administration,Dongbei University of Finance&Economics,Dalian 116025,China;School of Economics and Management,Inner Mongolia University of Science&Technology,Baotou 014010,China)

机构地区：[1]东北财经大学工商管理学院,辽宁大连116025 [2]内蒙古科技大学经济与管理学院,内蒙古包头014010

出　　处：《科技管理研究》2024年第21期63-71,共9页Science and Technology Management Research

基　　金：国家社会科学基金重大项目“新组织理论和组织治理研究”(11&ZD153);国家社会科学基金项目“黄河几字弯都市圈碳排放协同治理与低碳路径研究”(22XJ001);东北财经大学博士研究生科研项目“平台组织的形成与演化研究——基于技术与制度协同演化视角”(GSY2021011)。

摘　　要：随着中国数字化技术的广泛应用,数字金融作为数字技术与传统金融融合的创新产物,对提升企业技术创新效率的影响值得探究。基于信息不对称理论和交易成本理论,探究数字金融对科技型中小企业的技术创新效率的影响;基于吸收能力理论,探究政府R&D补贴在数字金融驱动科技型中小企业技术创新效率过程中的协同激励效应;基于数据包络分析(DEA)三阶段模型,对2016—2020年中国科技型中小企业技术创新效率测算,运用Tobit模型检验数字金融对科技型中小企业技术创新效率的影响机制,并进一步探究政府R&D补贴与数字金融的协同作用。研究结果表明:中国科技型中小企业整体技术创新效率不高,且具有一定的波动性。具体来看,纯技术效率明显高于规模效率,数字金融能够显著提升科技型中小企业技术创新效率;政府R&D补贴与数字金融在提升科技型中小企业技术创新效率方面具有协同激励效应。根据实证结果提出对策建议:科技型中小企业在发展过程中应重点关注技术创新效率问题,同时政府需要发挥引导性作用,强化政府R&D补贴在数字金融服务科技型中小企业技术创新过程中的激励效应。With the widespread use of digital technology in China,digital finance,as an innovative product of the integration of digital technology and traditional finance,the impact of digital finance on improving the efficiency of technology-based small and medium-sized enterprises(tech-based SMEs)is worth exploring.Based on information asymmetry theory and transaction cost theory,this paper explores the impact of digital finance on the technological innovation efficiency of tec-based SMEs.Based on the absorptive capacity theory,the paper explores the synergistic incentive effect of government research and development(R&D)subsidies in the process of digital finance driving the technological innovation efficiency of technology-based SMEs.Based on the three-stage data envelopment analysis(DEA)model,the efficiency of technological innovation in tech-based SMEs in China from 2016 to 2020 is measured.The Tobit model is used to empirically test the impact mechanism of digital finance on the efficiency of technological innovation in tech-based SMEs.Finally,the synergistic effect of government R&D subsidies and digital finance is further explored.The research results indicate that the overall technological innovation efficiency of techbased SMEs in China is not high,and there is a certain degree of volatility.Specifically,pure technological efficiency is significantly higher than scale efficiency.Digital finance can significantly improve the efficiency of technological innovation in tech-based SMEs.Government R&D subsidies and digital finance have a synergistic incentive effect in improving the efficiency of technological innovation in tech-based SMEs.Finally,based on the research results,it proposes countermeasures and suggestions:tech-based SMEs should focus on the efficiency of technological innovation in their development process,and the government needs to play a role in guiding R&D subsidies and digital financial services to reinforce a synergistic incentive effect for tech-based SMEs.

关 键 词：数字金融 科技型中小企业 技术创新效率 政府R&D补贴 

分 类 号：F426[经济管理—产业经济] F272[文化科学] G301