研发投入、财政补助与物联网上市公司绩效研究：基于F?re-Primont指数

Research on R&D Investment, Fiscal Subsidy and Performance of Internet of Things Listed Companies：Based on F?re-Primont Index

摘要:

物联网自2010年成为战略性产业之一。本文以2010-2016年23家物联网上市公司为研究对象,运用DEA-F?re-Primont指数方法测算物联网上市公司的绩效变化并对其进行分解。从研发投入、财政补贴、成长绩效、市场绩效和企业规模角度分析了物联网上市公司绩效的影响因素。结果表明,研发投入在当期及滞后期对绩效具有抑制效应；财政补贴在当期对绩效不显著,但滞后期对绩效具有正向作用；成长绩效对绩效具有正作用；市场绩效和企业规模的作用不显著。

Abstract:

Internet of Things has been one of the strategic industries since 2010. This paper uses the DEA-F?re-Primont index method to measure the performance of 23 listed companies of the Internet of Things of China from 2010 to 2016 years, and to decompose it. This paper analyzes the influencing factors of the performance of listed companies in terms of R D investment, fiscal subsidy, growth performance, market performance and enterprise scale. The results show that D investment has negative effect on performance in the current and lagged periods. The fiscal subsidy has no significant effect on the performance in the current period, but the lagged has a positive effect on it. The growth performance also has a positive effect on it; both the market performance and the enterprise scale have no significant effects on it .