摘要
文章基于2012—2022年中国A股上市公司数据,实证考察金融新质生产力对企业技术创新能力的影响效应。研究结论表明,金融新质生产力能够显著提升企业技术创新能力。异质性检验结果表明,相较于国有企业和低成长性企业,金融新质生产力在非国有企业与高成长性企业中对企业技术创新能力的促进效应更为显著。调节效应结果显示,知识产权保护能够正向调节金融新质生产力对企业技术创新能力的促进作用。拓展性分析结果说明,金融新质生产力对企业技术创新能力存在“边际递增”的非线性效应。据此,文章针对性地提出大力培育金融新质生产力、完善知识产权保护机制和多元化发展金融新质生产力的政策建议,以期为加速提升企业技术能力提供有益借鉴。
Based on the data of Chinese A-share listed companies from 2012 to 2022,the article empirically examines the effect of financial new quality productivity on the technological innovation capability of enterprises.The findings indicate that financial new quality productivity can significantly enhance the technological innovation capability of enterprises.The results of heterogeneity test show that the effect of financial new quality productivity on the technological innovation ability of enterprises is more significant in non-state-owned enterprises and high-growth enterprises than in state-owned enterprises and low-growth enterprises.The moderating effect shows that IPR protection can positively modulate the promotion effect of FNP on the technological innovation capacity of enterprises.The results of the extended analysis show that there is a non-linear effect of"marginal increment"of financial new quality productivity on the technological innovation ability of enterprises.Accordingly,the article puts forward the policy suggestions of vigorously cultivating financial new quality productivity,improving intellectual property protection mechanism and diversifying the development of financial new quality productivity,with a view to providing useful reference for accelerating the enhancement of enterprises'technological capability.
出处
《新疆社会科学》
CSSCI
2024年第6期65-77,183,184,共15页
Social Sciences in Xinjiang
基金
浙江省哲学社会科学规划课题“数字金融赋能浙江农业全产业链高质量发展的机制、效应和对策研究”(24NDQN040YB)
浙江省教育厅一般科研项目“数字金融赋能浙江‘双循环’经济发展驱动路径研究”(Y202250145)
温州市哲学社会科学规划瓯江青年专项课题“数字经济助力温州新质生产力培育与发展研究”的阶段性成果。
关键词
金融新质生产力
知识产权保护
企业技术创新能力
金融科技
Financial New Productivity
Intellectual Property Protection
Enterprise Technological Innovation Capacity
Financial Technology