【摘要】 以创业板2013—2017年345家企业为数据样本,研究政府补助对企业研发投入的作用,探究地区金融发展水平对政府补助作用的中介效应。实证结果表明:政府补助对企业研发投入产生激励效应;地区金融中介发展水平没有对政府补助激励效应产生明显影响,而且随着地区直接金融发展水平的提高,政府补助的激励效应减弱。更多还原

【Abstract】 Based on the data samples of 345 enterprises from 2013 to 2017,this paper studies the role of government subsidies on enterprise R&D investment and explores the mediating effect of regional financial development level on government subsidies. The empirical results show that government subsidy has incentive effect on enterprise R&D investment; the development level of regional financial intermediation does not have a significant effect on the incentive effect of government subsidies,and the incentive effect of government subsidies is weakened with the improvement of the level of direct financial development in the region.更多还原