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很多文献评估了企业创新投入的作用,但都不可避免地探讨如何影响企业创新投入这单一静态的影响。本文从动态视角出发,探讨在不同年龄阶段下企业绩效对创新投入的影响。通过选取沪深两市制造业2009~2013年的动态面板数据,发现:企业创新投入的确具有延续性和动态效应,而且随着企业的逐渐成长,正效应越明显;企业绩效对创新投入的影响呈现U型特征;随着企业发展的日益成熟,企业绩效对动态创新投入影响的敏感性降低。
Many papers assess the role of enterprise innovation inputs, but inevitably explore how to influence the single static impact of enterprise innovation investment. From a dynamic perspective, this article explores the impact of firm performance on innovation input in different age groups. By selecting the dynamic panel data of manufacturing industry in Shanghai and Shenzhen from 2009 to 2013, it is found that: the investment in enterprise innovation does have the continuity and dynamic effect, and as the enterprise grows, the positive effect is more obvious; the impact of enterprise performance on innovation investment Showing U-shaped features; as the business development matures, the sensitivity of enterprise performance to dynamic innovation investment decreases.