信用环境对城市创新影响的实证分析——基于科技金融的中介效应  

An Empirical Analysis of the Impact of Credit Environment on Urban Innovation:Based on the Mediating Effect of Science and Technology Finance

作　　者：邓瑜[1] 范聪颖 Deng Yu;Fan Congying(School of Finance and Accounting,Henan University of Animal Husbandry and Economics,Zhengzhou 450000,Henan,China)

机构地区：[1]河南牧业经济学院金融与会计学院,河南郑州450000

出　　处：《征信》2025年第1期19-29,共11页Credit Reference

基　　金：国家社会科学基金资助项目(20BJY248);河南省软科学研究计划项目(242400410555);河南省软科学研究计划重点项目(242400411031)。

摘　　要：以2011—2021年中国285个地级及以上城市数据为基础,借助计量模型深入探究信用环境对城市创新的影响,并考察科技金融的机制作用。研究发现,改善城市信用环境能显著促进城市创新。机制检验结果表明,信用环境可通过科技金融间接促进城市创新。异质性分析结果证明,信用环境改善对城市创新的促进作用在东部地区以及技术密集型行业更为显著。鉴于此,提出大力营造城市信用环境、强化科技金融赋能城市创新效应、精准施策探索城市创新特色发展路径等相关建议,以期为进一步推动城市创新提供借鉴。Based on the urban panel data from 2011 to 2021,this paper deeply explores the impact of credit environment on urban innovation through econometric models,and examines the mechanism of science and technology finance.The Yesearch has found that improving the urban credit environment can significantly promote urban innovation.The mechanism test results indicate that the credit environment can promote urban innovation through science and technology finance.Heterogeneity analysis results confirm that the role of credit environment improvement in promoting urban innovation is more pronounced in the eastern region and in technology-intensive industries.In light of this,suggestions are put forward to vigorously foster the urban credit environment,strengthen the empowerment effect of science and technology finance on urban innovation,and precisely formulate policies to explore distinctive development paths for urban innovation,so as to provide reference for further promoting urban innovation.

关 键 词：信用环境 创新 城市创新 科技金融 

分 类 号：F832[经济管理—金融学] F124.3