• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文会议>International Conference on Service Systems and Service Management >The Impact of Social Security Fund Insurance Fund on Corporate Innovation
【24h】

The Impact of Social Security Fund Insurance Fund on Corporate Innovation

机译：社会保障基金和保险基金对企业创新的影响

获取原文
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Using the data of all listed Chinese companies from 2009 to 2014, this paper examines the impact of two typical long-term returns preferred funds, Social Security Fund and Insurance Fund, on corporate innovation. Both research and development (R&D) expenses and patents acquired by a company are adopted in this study to measure innovation input and output respectively. Our findings indicate that the shareholdings of both Social Security Fund and Insurance Fund can prompt a firm's innovation in general. Furthermore, the impact of the two funds vary from state-owned enterprises (SOE) and non-state-owned enterprises (non-SOE). In particular, Social Security Fund and Insurance Fund play a significantly positive role in enhancing corporate innovation performance in non-SOE while they don't improve innovation performance of SOE significantly. These empirical findings highlight the positive effects of Social Security Fund and Insurance Fund on corporate innovation, and will be of value to policy-makers in emerging markets in gauging the important drivers of corporate innovation ability.
机译：本文使用2009年至2014年所有中国上市公司的数据，考察了两种典型的长期收益优先基金，即社会保障基金和保险基金，对公司创新的影响。这项研究同时采用了研究与开发（R＆D）费用和公司获得的专利来分别衡量创新投入和产出。我们的研究结果表明，社会保障基金和保险基金的股权总体上可以促进公司的创新。此外，这两个基金的影响因国有企业（SOE）和非国有企业（non-SOE）而异。特别是，社会保障基金和保险基金在提高非国有企业的企业创新绩效方面发挥了显著作用，而它们并未显着提高国有企业的创新绩效。这些实证研究结果突显了社会保障基金和保险基金对公司创新的积极影响，并将在评估公司创新能力的重要驱动力时对新兴市场的决策者具有价值。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号