本文選題：生命周期 + 政府補助��； 參考：《遼寧大學》2017年碩士論文

【摘要】：在新常態(tài)經(jīng)濟形勢下,我國各級政府部門為了推動實施創(chuàng)新驅(qū)動發(fā)展戰(zhàn)略,廣泛利用政府補助這一激勵政策來調(diào)動企業(yè)進行研發(fā)投入的積極性。在管理實踐中,如何讓政府補助達到預期效果,使其得到最優(yōu)化配置是各級政府部門亟待解決的問題。然而,對于政府補助與企業(yè)研發(fā)投入兩者之間的關(guān)系學術(shù)界還未達成一致意見,較為流行的觀點有“促進說”和“抑制論”。近年來,有不少學者從各自的視角出發(fā)對上述觀點提出質(zhì)疑,創(chuàng)新性的提出了非線性關(guān)系說。然而,不管是哪種學說多是停留在靜態(tài)層面進行的分析,其結(jié)論具有一定的片面性。本文創(chuàng)新性地將企業(yè)生命周期理論引入到政府補助和企業(yè)研發(fā)投入關(guān)系的研究中,以考察政府補助對不同發(fā)展階段企業(yè)研發(fā)投入的影響差異,從而為政府部門更好的實現(xiàn)其政策目標以及提高政府部門資金的使用效益提供有力的理論依據(jù)。鑒于此,本文首先在現(xiàn)有理論的基礎(chǔ)上加入了企業(yè)生命周期理論來探究兩者關(guān)系在不同發(fā)展階段的差異性機理,由此作出對應(yīng)假設(shè)。其次,本文以在滬深兩市上市的A股制造業(yè)企業(yè)作為研究對象,選取時間段為2013-2015的數(shù)據(jù)作為研究基礎(chǔ),采用實證方法對提出的研究假設(shè)進行檢驗,然后采用根據(jù)不同標準分組對研究結(jié)果進行穩(wěn)健性檢驗。最后,根據(jù)研究結(jié)論為更好實現(xiàn)政府部門的政策目標和提高政府部門的資金使用效益提出合理性建議。本文五個部分的具體內(nèi)容有:第一部分,緒論。這一章節(jié)主要回答了為什么研究此課題,使用的研究方法有哪些,以及本研究存在哪些亮點等問題。第二部分,文獻綜述。這一部分的主要任務(wù)是回顧已有研究成果,找到可以改進和完善的地方,進而確定本研究的著重點。第三部分,理論分析。在現(xiàn)有理論的基礎(chǔ)上加入了企業(yè)生命周期理論來探究兩者關(guān)系在不同發(fā)展階段的差異性機理,由此作出對應(yīng)假設(shè),這也將為后面研究提供相應(yīng)根據(jù)。第四部分,實證研究設(shè)計。本文以在滬深兩市上市的A股制造業(yè)企業(yè)作為研究對象,選取時間段為2013-2015的數(shù)據(jù)作為研究基礎(chǔ),采用實證方法對提出的研究假設(shè)進行檢驗,然后采用兩種不同的方式進行穩(wěn)健性檢驗。最終得出得出以下結(jié)論:(1)企業(yè)生命周期的不同階段,企業(yè)研發(fā)投入存在顯著差異,其中成長期最高,衰退期最低;政府補助在企業(yè)生命周期的不同階段沒有表現(xiàn)出明顯的不同,即政府在對企業(yè)進行資助時并未考慮企業(yè)所處生命周期階段的差異,而是將所有企業(yè)視為在同一發(fā)展階段,這在一定程度上影響了政府補助的效果。(2)根據(jù)全樣本回歸結(jié)果我們可以看出企業(yè)研發(fā)投入與政府補助呈“倒U”型關(guān)系,在達到臨界點之前,企業(yè)研發(fā)投入隨政府補助的提高而提高,超過臨界點之后,企業(yè)研發(fā)投入反而隨政府補助的提高而降低,即政府補助對企業(yè)研發(fā)投入的影響呈現(xiàn)出區(qū)間效應(yīng)。(3)將全樣本分成成長期、成熟期和衰退期三個子樣本,進一步分析發(fā)現(xiàn),成長期企業(yè)研發(fā)投入與政府補助呈正向相關(guān)關(guān)系,即對于成長期企業(yè)而言,政府補助對企業(yè)研發(fā)投入表現(xiàn)出完全的擠入效應(yīng)。(4)成熟期企業(yè)研發(fā)投入與政府補助呈現(xiàn)“倒U”型關(guān)系,即當政府補助處于一定的適度區(qū)間時,對企業(yè)研發(fā)投入有激勵效應(yīng),超過這一適度區(qū)間,則會對企業(yè)研發(fā)投入產(chǎn)生擠出效應(yīng)(5)當企業(yè)進入衰退期之后,政府補助將會對企業(yè)研發(fā)投入失去激勵效應(yīng)。最后,根據(jù)研究結(jié)論為更好實現(xiàn)政府部門的政策目標和提高政府部門的資金使用效益提出合理性建議。第五部分,研究結(jié)論和展望。這一部分首先闡述了研究結(jié)論,其次根據(jù)研究結(jié)論為更好實現(xiàn)政府部門的政策目標和提高政府部門的資金使用效益提出解決方法,最后反思了本研究的欠缺之處和以后可以進一步研究之處。本研究的亮點有兩處:(1)引入新理論解釋了政府補助對企業(yè)研發(fā)投入影響在不同發(fā)展階段的差異;(2)改變了以往研究的靜態(tài)視角,關(guān)注了企業(yè)發(fā)展的動態(tài)性,使研究結(jié)果更貼合實際情況。
[Abstract]:In the new normal economic situation, China's government departments at all levels in order to promote the implementation of innovation driven development strategy, extensive use of the enthusiasm of government subsidy incentives to mobilize the enterprise R & D investment. In management practice, how to make the government subsidies to achieve the desired results, the optimal allocation is the urgent problem of government departments at all levels however, for government subsidies and the relationship between the academic enterprise R & D investment has not yet reached a consensus, the more popular view of "promotion" and "repression". In recent years, many scholars from their own perspective to challenge this view, innovation proposed nonlinear relationship. However, no matter what kind of theory is to stay in the level of static analysis, the conclusion has certain one sidedness. In this paper, the theory of enterprise life cycle into the Study on the relationship between government subsidies and enterprise R & D investment in government subsidies in order to study the influence on the different stages of the enterprise R & D investment, thus for the government departments to better achieve their policy objectives and improve efficiency in the use of government funds to provide a strong theoretical basis. In view of this, this paper based on the existing theory into enterprise the life cycle theory to explore the relationship between the mechanism of difference in different stages of development, thus making the corresponding assumptions. Secondly, this paper made listed in Shanghai and Shenzhen two A shares of enterprises as the research object, select the time period for the 2013-2015 data as the research foundation, using empirical methods to test hypotheses, and then the according to different standard grouping results were robust test of the research. Finally, according to the conclusion of the study to better achieve the government policy goal And to improve the efficiency of government funds is proposed. The specific content of the five part of this paper is: the first part is introduction. This chapter mainly answers why to study this issue, what are the methods used in the study, as well as the existence of this study which highlights the problems. The second part is literature review. The main task of this part is the review of the existing research results, find can be improved and perfected, and then determine the focus of this study. The third part is theoretical analysis. On the basis of existing theory with enterprise life cycle theory to explore the relationship between the mechanism of difference in different stages of development, thus making the corresponding assumptions, this will also be back according to the research. The fourth part provides the corresponding empirical research. In this paper, design manufacturing listed in Shanghai and Shenzhen two A shares of enterprises as the research object, select the time interval of 2013-2015 The data as the research foundation, using empirical methods to test hypotheses, and then two different ways of using the robustness test. Finally draw the following conclusions: (1) the different stages of enterprise life cycle, corporate R & D investment significantly, the growth period was the highest, the lowest decline period; government subsidies in different stages the enterprise life cycle showed no obvious difference, that the government did not consider the difference of enterprise life cycle stage in support of enterprises, but all enterprises will be considered in the same stage of development, the influence of the government subsidy effect to a certain extent. (2) based on the full sample regression results we can that is inverted "U" type relationship between corporate R & D investment and government subsidies, before reaching the critical point, with government subsidies to improve the enterprise R & D investment increased, after exceeding the critical point, R & D investment enterprises but with government subsidies increased, namely government subsidies appear interval effect on corporate R & D investment. (3) the samples into the growth period, mature period and three sub samples, further analysis showed that the positive correlation between the growth of R & D investment and government subsidies for the growth period of enterprises, government subsidies to the enterprise R & D investment showed a complete crowd in effect. (4) mature R & D investment and government subsidies presents inverted "U" relationship, when government subsidies in a certain area between moderate, have incentive effect on corporate R & D investment, more than a moderate interval, then will have a crowding out effect on R & D investment (5) after the enterprise entered a recession, the government subsidies to the enterprise R & D investment will lose the incentive effect. Finally, according to the conclusion of the study for a better implementation of government departments The policy objectives and to improve the efficiency of government funds is proposed. In the fifth part, the research conclusion and prospect. This part first elaborated the research conclusion, then according to the conclusion of the study to better achieve the government policy objectives and improve the government funds to propose solutions for benefits, finally reflects on the research gaps and after further research. The highlight of this research has two parts: (1) introduce a new theory to explain the government subsidies to the enterprise R & D investment effect in the different stages of development; (2) to change the static perspective of previous research, attention to the dynamic development of the enterprise, make the research results more practical.

【學位授予單位】：遼寧大學
【學位級別】：碩士
【學位授予年份】：2017
【分類號】：F406.7;F425;F812.45

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