CAJ | 학술논문

基于2003—2013年的29个省(除西藏、新疆)的面板数据，运用面板模型分析科技金融对科技创新的影响。将科技创新分为3个阶段，而且将科技金融分为公共科技金融和市场科技金融，同时把全国29个省分为东、中、西部分别进行分析。结果表明：在技术创新阶段，科技型上市公司占比和风险投资对专利授权数有着促进作用，但是政府投入经费比对专利授权数有着抑制作用。在技术成果转化阶段，不同的地区有不同的结果，大部分情况下，科技金融对科技创新没有显著地影响。在高新技术产业化阶段，市场性科技金融对科技创新有着促进作用，但是政府科技资金投入比对科技创新没有显著的影响。不同区域，不同阶段，科技金融对科技创新都有着不同的作用。
기우2003—2013년적29개성(제서장、신강)적면판수거，운용면판모형분석과기금융대과기창신적영향。장과기창신분위3개계단，이차장과기금융분위공공과기금융화시장과기금융，동시파전국29개성분위동、중、서부분별진행분석。결과표명：재기술창신계단，과기형상시공사점비화풍험투자대전리수권수유착촉진작용，단시정부투입경비비대전리수권수유착억제작용。재기술성과전화계단，불동적지구유불동적결과，대부분정황하，과기금융대과기창신몰유현저지영향。재고신기술산업화계단，시장성과기금융대과기창신유착촉진작용，단시정부과기자금투입비대과기창신몰유현저적영향。불동구역，불동계단，과기금융대과기창신도유착불동적작용。
Based on 2003-2013 panel data of 29 provinces (except Tibet,Xinjiang),we applied panel data model to analysis the impact of Science-finance on technological innovation. In this article,technological innovation was divided into three phases and Science-finance into public and market Science-finance. Then 29 provinces were analyzed separately as eastern,central and western. The results showed that:in technological innovation stage,the ratio of listed science and technology companies and the number of venture capital institutions has promoted to the number of patents, but the government investment funds inhibit the number of patents. In the transformation stage of technological achievements,different regions have different results, and Science-finance in most areas has no significant impact on technological innovation. In the high-tech industrialization phase, the ratio of listed technological companies and the number of venture capital institutions has a positive effect on the technological innovation,while government funds for science and technology investment have no impact on technological innovation. In different stage and area, Sci-finance has different effect on technological innovation.