CAJ | 학술논문

本文以中国创业板上市公司为样本,实证检验了政府财政补贴对于企业研发投入和绩效的影响。研究发现,财政补贴对企业绩效是有促进作用的,但是财政分配和研发效率还有待提高,直接财政补助形式对企业的研发投入具有负向调节作用。在研究结论的基础上,提出了如下政策建议：应当综合采取多种补助手段,在扩大财政补贴范围的同时兼顾公平和效率,逐步提高我国企业的研发水平。
본문이중국창업판상시공사위양본,실증검험료정부재정보첩대우기업연발투입화적효적영향。연구발현,재정보첩대기업적효시유촉진작용적,단시재정분배화연발효솔환유대제고,직접재정보조형식대기업적연발투입구유부향조절작용。재연구결론적기출상,제출료여하정책건의：응당종합채취다충보조수단,재확대재정보첩범위적동시겸고공평화효솔,축보제고아국기업적연발수평。
With samples of listed companies of growth enterprises market in China,this paper studies the impact of financial subsidies on enterprise RD investment and company performance. It is found that the financial subsidies do stimulate and promote the company performance,but financial allocation and RD efficiency need to be improved. The result also shows that direct financial assistance has a negative regulating effect on enterprise RD investment. Based on these observations,it is suggested that a combined use of different financial subsidies should be adopted and in the effort to expand the coverage of financial subsidies,fairness and efficiency should be well balanced to achieve steady upgrading of RD level.