国家创新体系、资本密度与我国上市公司研发投入——基于制度观视角

NIS, Capital Intensity and R D Expenditure of Chinese Listed Firm——Based on IBV

摘要:

基于制度观IBV理论,本文采用2006-2013年6854家沪深A股和中小板上市公司混合截面数据实证分析了国家创新体系对企业研发投入的影响,OLS模型回归的结果显示：国家创新体系与下一期企业研发投入显著正相关,资本密度与企业研发投入显著负相关,而且资本密度会显著调节国家创新体系对企业研发投入的促进作用。

Abstract:

Based on the IBV(Institution-Based View of Business Strategy), this paper investigates the impact of NIS(National Innovation System) on R D with a pooled data sample of the 6281 Ashare listed companies for the period 2006-2013. The result showed that there was a significantly positive relationship between the NIS and the next-year R D input of Ashare listed companies, physical capital intensity was negative to R D input of Ashare listed companies and then the physical capital intensity was the moderator of the relationship between NIS and the R D input of Ashare listed companies.