技术密集型企业的创新能力及其对实体经济的影响分析*

Analysis of the Innovation Capability of Technology Intensive Enterprises and Its Impact on the Real Economy

摘要:

研究技术密集型企业的创新能力并探究其对国家实体经济的影响情况。参照A股市场通用的交易性成分指数拟合方式,从上市企业中遴选出300家技术密集型上市企业样本并编制能表征技术密集型企业这个群体的市场表现指标——“科创300”,进而以此为基础从市场表现、产业结构和区域分布情况等方面探究技术密集型企业的创新能力,同时借助VAR模型的构建和脉冲响应函数的分析探究了技术密集型企业对国家实体经济的影响情况。[结论] 技术密集型企业的整体表现优于蓝筹企业,传统制造企业是其科技创新的主力军,重点分布于首都北京及东南沿海地区,其市场表现对实体经济的三个重要组成部分工业、消费、出口都呈现出正向影响,且对科技含量较高的工业影响最大。

Abstract:

To study the innovation capabilities of technology intensive enterprises and explore their impact on the national real economy. Referring to the commonly used trading component index fitting method in the A-share market, a sample of 300 technology-intensive listed companies was selected from the listed companies and a market performance indicator, "Science and Technology Innovation 300," was developed to characterize the technology-intensive enterprise group. Based on this, the innovation capabilities of technology-intensive enterprises were explored from the perspectives of market performance, industrial structure, and regional distribution, At the same time, the construction of VAR model and the analysis of pulse response function were used to explore the impact of technology intensive enterprises on the national real economy. The overall performance of technology intensive enterprises is better than that of blue chip enterprises. Traditional manufacturing enterprises are the main force of their technological innovation, mainly distributed in the capital Beijing and the southeast coastal areas. Their market performance has a positive impact on the three important components of the real economy, namely industry, consumption, and exports, and has the greatest impact on industries with high technological content.