节点文献
科技金融如何影响企业新质生产力?
How Does Fintech Affect the Enterprise New Quality Productivity?
【摘要】 加快形成新质生产力是塑造发展经济新优势的必然要求,提升企业新质生产力是积极稳妥发展科技金融的接入口。在此背景下,本文以2013—2022年A股上市公司作为研究样本,构建了企业新质生产力指标体系并进行了测算,采取多时点双重差分法,实证考察了科技与金融结合对企业新质生产力的影响。研究发现,科技金融政策能够有效提升企业新质生产力。机制检验发现,科技金融通过政府创新补贴与信息约束程度影响企业新质生产力。进一步分析还表明,企业性质、企业生命周期、企业所在地市场化程度以及企业所处地理位置等内外部环境差异会导致科技金融政策出现异质性的影响效应。
【Abstract】 Accelerating the formation of new quality productivity is an inevitable requirement for shaping new development advantages, and enhancing the new quality productivity of enterprises is an active and stable access point for the development of technology and finance. This article takes A-share listed companies from 2013 to 2022 as research samples and adopts the multi time point double difference method to test the impact of technology finance on the new quality productivity of enterprises. Research has found that technology finance policies can effectively enhance the new quality productivity of enterprises. Mechanism testing found that technology finance affects the new quality productivity of enterprises through government innovation subsidies and information constraints. Further analysis also indicates that differences in the internal and external environment of enterprises can lead to heterogeneous effects in technology finance policies. This study provides empirical evidence for promoting the implementation of technology finance policies and accelerating the formation of new quality productivity in enterprises.
【Key words】 technology finance; new quality productivity; government credit subsidies; information constraints;
- 【文献出处】 商业研究 ,Commercial Research , 编辑部邮箱 ,2025年01期
- 【分类号】F832;F273.1
- 【下载频次】381