区域金融生态系统对新创企业绩效影响的实证研究

Qi Yong1,2,Wang Haoyi1,Wang Mingyang1

摘要:

金融生态系统对于优化区域资源配置效率、为实体经济充血供能以及促进经济社会可持续发展起着重要作用,而新创企业的成长离不开金融“血液”的持续供给、离不开多元化金融服务体系的支撑。以全国283个地级市为对象,基于“态、势、流”的系统理念构建区域金融生态系统评价指标体系,在资源论及战略适应论等理论的基础上构建新创企业绩效评价指标体系,研究2012-2015年金融生态系统对新创企业绩效的影响。研究发现区域金融生态系统、企业规模、企业成立年限以及政府补贴变量都与新创企业绩效显著正相关,但是新创企业绩效的相关系数大于企业规模大于企业成立年限大于政府补贴。最后,提出针对性的对策建议。

Abstract:

The financial ecosystem plays an important role in optimizing the allocation efficiency of regional resources, congesting and energizing the real economy, and promoting the sustainable development of the economy and society. The growth of start-up companies cannot be separated from the continuous supply of financial "blood" and can not be separated from diversification. Financial services system support. This article targets 283 prefecture-level cities across the country,constructing a regional financial ecosystem evaluation index system based on the system concept of “state, potential and flow”, and constructing a new enterprise performance evaluation index system based on the theory of resource theory and strategic adaptation theory, studying the Impact of Financial Ecosystems on the Performance of Start-ups in 2012-2015. The study found that regional financial ecosystems, firm size, years of establishment, and government subsidy variables are significantly positively correlated with the performance of new ventures. However, the correlation coefficient of the performance of new ventures is greater than the scale of the enterprise is greater than the establishment period of the enterprise is greater than the government subsidy. Finally, put forward specific countermeasures and suggestions.