政治关联、制度环境与企业研发支出  

Political connections,institutional environment and R&D expenditure

作　　者：李诗田[1] 邱伟年[2] 

机构地区：[1]华南师范大学国际商学院,广东广州510631 [2]广东外语外贸大学国际工商管理学院,广东广州510006

出　　处：《科研管理》2015年第4期56-64,共9页Science Research Management

基　　金：国家社会科学基金项目(11CGL043);广州哲社规划青年项目(14Q16);华南范大学青年教师科研培育基金项目

摘　　要：研发支出是衡量企业自主创新活动的重要指标。本文以2009-2010年披露了研发支出的制造业和信息技术业上市公司为研究样本,从政治关联、制度环境的角度对中国企业研发支出水平的影响因素进行了相关和回归检验。研究结果显示:具有政治关联的企业的研发支出水平更低;企业所在省份的制度环境越好,其研发支出水平越高。研究结论对解释中国企业研发支出水平较低的原因,思考中国企业家创新精神激励机制有一定的意义。R&D Expenditure is one of the important indicators to measure enterprises’ independent innovation abilities. Based on the disclosed 2009-2010 R&D Expenditure of Chinese listed companies of manufacturing and IT industry,this paper analyzes the influential factors on R&D expenditure from the perspective of political connections and institutional environment by using correlation and WLS methods. The empirical results show that political connectedfirms have less level of R&D expenditure,and firms with better institutional environment in its province have less level of R&D expenditure. The research has reference value on explaining low R&D expenditure level of Chinese firm and reflecting incentive mechanism for Chinese entrepreneurs’ initiative spirit.

关 键 词：自主创新 政治关联 制度环境 研发支出 

分 类 号：F275.5[经济管理—企业管理] F273.1[经济管理—国民经济] D630[政治法律—政治学]