高质量发展下我国制造企业研发投入的选择——产出波动视角

江西财经大学学报 ›› 2020, Vol. 0 ›› Issue (5): 21-31.

高质量发展下我国制造企业研发投入的选择——产出波动视角

蒋玉洁^1,2, 曹景林¹

1.天津财经大学统计学院,天津 300222;
2.天津科技大学经济与管理学院,天津 300222

收稿日期:2020-03-17 修回日期:2020-06-09 出版日期:2020-09-25 发布日期:2020-11-03
通讯作者: 蒋玉洁,天津财经大学博士研究生,天津科技大学副教授,主要从事国民经济统计分析、企业管理创新研究,联系方式jyj@tust.edu.cn;
作者简介:曹景林,天津财经大学教授,博士生导师,主要从事国民经济统计分析和公共经济理论与政策研究。
基金资助:
天津市哲学社会科学规划项目“创新驱动战略下天津制造业研发创新及升级研究”（TJYY19-007）; 天津市哲学社会科学规划重点项目“基于社会网络分析的京津冀城市群经济协同发展研究”（TJTJ18-002）; 天津市哲学社会科学规划重点项目“新时代下国家技术创新中心运行机制、评价模型与建设路径研究”（TJGL19-023）

The Choice of R&D Investment of China's Manufacturing Enterprises under High-Quality Development: From the Perspective of Output Fluctuation

JIANG Yu-jie^1,2, CAO Jing-lin¹

1. Tianjin University of Finance and Economics, Tianjin 300222;
2. Tianjin University of Science and Technology, Tianjin 300222, China

Received:2020-03-17 Revised:2020-06-09 Online:2020-09-25 Published:2020-11-03

摘要/Abstract

摘要： 以水平和垂直创新增长模型的传导机制为理论基础,利用上市制造企业数据,使用多元统计模型和面板门限模型对我国制造企业在高质量发展中的研发投入选择进行研究。研究发现：全部样本制造企业的研发投入与产出波动之间呈倒“U”型关系,与垂直创新的传导机制一致;研发投入有单一门限,以门限值为临界点,企业分别在水平创新和垂直创新机制上进行研发投入并影响产出波动;资产规模有双重门限,规模低于第一门限值的企业遵循水平创新机制进行研发投入;规模高于第二门限值的企业不宜频繁变动研发投入,避免造成企业更大幅度的产出波动;规模位于两门限值之间的企业,应当不断提升研发投入,在实现高质量发展的过程中逐渐增强产出的稳定性。

关键词: 研发投入, 制造企业, 产出波动, 垂直创新增长, 水平创新增长

Abstract: Taking the transmission mechanism of horizontal and vertical innovation growth model as the theoretical basis, this paper makes use of the data of listed manufacturing enterprises and employs the multivariate statistical model and the panel threshold model to study the R&D investment choice of China's manufacturing enterprises during their high-quality development. The findings show that there is an inverted U-shape relationship between R&D investment and output fluctuation of all the sample manufacturing enterprises, which is consistent with the transmission mechanism of vertical innovation. There is a single threshold in R&D investment, the threshold value is regarded as the critical point, and the enterprises carry out their R&D investment on their horizontal and vertical innovation systems respectively, the output fluctuation is thus affected. The asset scale has double thresholds, the enterprises with a scale lower than the first threshold value may carry out their R&D investments according to their horizontal innovation mechanism. The enterprises with a scale higher than the second threshold value are not suitable to change their R&D investments frequently, so as to avoid sharper output fluctuations. The enterprises with a scale between the two threshold values should increase their R&D investment continuously, so as to enhance the stability of their output in the process of achieving high-quality development.

Key words: R&D investment, manufacturing enterprise, output fluctuation, vertical innovative growth, horizontal innovative growth

中图分类号:

F272.3

蒋玉洁, 曹景林. 高质量发展下我国制造企业研发投入的选择——产出波动视角[J]. 江西财经大学学报, 2020, 0(5): 21-31.

JIANG Yu-jie, CAO Jing-lin. The Choice of R&D Investment of China's Manufacturing Enterprises under High-Quality Development: From the Perspective of Output Fluctuation[J]. Journal of Jiangxi University of Finance and Economics, 2020, 0(5): 21-31.

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