金融集聚、技术创新与高技术产业升级研究

Research on Financial Agglomeration, Technological Innovation and High-tech Industry Upgrading

摘要:

摘要：本文通过分析金融集聚通过促进高技术企业形成外部规模经济效应推动技术创新以及通过降低高技术企业交易成本推动高技术创新，从而实现高技术产业升级的影响机理。在此基础上，并运用2001年-2019年我国省级面板数据，采用动态面板GMM估计方法探索这一影响机理。研究表明：（1）金融集聚显著促进了高技术产业升级。（2）变更高技术产业高级化替换变量、金融集聚替换变量，这一影响效果依然稳健。（3）金融集聚均通过显著提高高技术企业规模效应和显著降低高技术企业交易成本进而实现技术创新。（4）金融集聚也通过显著提高技术创新实现高技术产业升级。

Abstract:

Abstract: Abstract: This paper analyzes the impact mechanism of financial agglomeration by promoting high-tech enterprises to form external economies of scale to promote technological innovation and reducing the transaction costs of high-tech enterprises to promote high-tech innovation, so as to realize the influencing mechanism of high-tech industrial upgrading. On this basis, and using my country's provincial panel data from 2001 to 2019, the dynamic panel GMM estimation method is used to explore this influence mechanism. Research shows: (1) Financial agglomeration has significantly promoted the upgrading of high-tech industries. (2) The effect of changing high-tech industry advanced substitution variables and financial agglomeration substitution variables is still robust. (3) Financial agglomeration achieves technological innovation by significantly increasing the scale effect of high-tech enterprises and significantly reducing the transaction costs of high-tech enterprises. (4) Financial agglomeration has also achieved high-tech industrial upgrades by significantly improving technological innovation.