产业链视角下政府补贴对新能源企业创新的影响

The Impact of Government Subsidies on the Innovation of New Energy Enterprises from the Perspective of Industrial Chain

摘要:

基于2010—2021年新能源上市公司数据，从产业链视角分样本建立动态面板门槛模型探究政府补贴对企业创新的影响。研究发现：政府补贴对新能源企业创新水平存在非线性影响，而且政府补贴对不同产业链环节的企业创新水平影响存在差异性。在新能源企业发展初期，政府补贴对于技术密集程度相对较低的中游企业影响程度更大；在企业发展模式较为成熟时，中、下游新能源企业对政策补贴的敏感性降低，而且会对政府补贴形成依赖，降低研发积极性。

Abstract:

Based on data of new energy listed companies from 2010 to 2021, a dynamic panel threshold model is established from the perspective of the industrial chain to explore the impact of government subsidies on enterprise innovation. The results show that government subsidies have a non-linear impact on the innovation level of new energy enterprises. And there are differences in the impact of government subsidies on the innovation level of enterprises in different industrial chain links. In the early stage of the development of new energy enterprises, government subsidies have a greater impact on the middle stream enterprises with relatively low technology-intensive degree. When the enterprise development model is relatively mature, the sensitivity of middle and downstream new energy enterprises to policy subsidies decreases, and they will become dependent on government subsidies, reducing their research and development enthusiasm.