科技金融结构对区域科技创新效率的影响

The influence of sci-tech financial structure on the efficiency of regional innovation

摘要:

基于2010-2015年省级面板数据,运用随机前沿距离函数模型,分析科技金融结构对我国区域科技创新效率的影响。研究表明,科技金融总投入占GDP的比例、公共科技金融占市场科技金融的比例、风险投资投资额占科技资本市场筹资额的比例与科技创新效率呈显著负相关；风险投资投资额占商业银行科技信贷总额的比例与科技创新效率并无显著相关关系；科技资本市场筹资额占商业银行科技信贷总额的比例与科技创新效率呈显著正相关关系。

Abstract:

Based on 2010-2015 provincial panel data, the stochastic frontier distance function model is used to analyze the effect of sci-tech financial structure on the efficiency of regional science and technology innovation in China. Research shows that sci-tech finance total investment accounted for the proportion of GDP, the public sci-tech finance occupies the market sci-tech finance proportion, venture capital accounted for the proportion of the amount of capital market financing for science and technology innovation efficiency is negatively correlated; the proportion of venture capital investment accounts for the proportion of total credit of commercial banks has no significant correlation with the efficiency of science and technology innovation; science and technology capital market financing accounted for the proportion of the total commercial bank credit technology and efficiency of scientific and technological innovation has a significant positive correlation between.