风险投资对我国创业型企业技术创新的影响研究

发布时间：2018-03-27 07:49

本文选题：创业型企业　切入点：风险投资　出处：《华中科技大学》2016年硕士论文

【摘要】：当前,我国经济发展进入新常态,宏观经济存在转型升级的压力,想要达成这一目标必须开展技术创新。创业型企业作为推动我国技术创新的重要力量,对改善经济发展结构推动区域发展具有重要意义。风险投资在推动创业型企业之成长有着巨大的意义,对于这个观点,国外的学者做了比较多的探讨,但并没有获得一个统一的结论。而国内的学者在该领域的研究相对来说比较少,很难获得涉及实证研究是因为数据比较难获取到,只有少数的实证研究,是基于国家或区域层面的数据来验证这一个观点。本文从企业层面入手,以创业板上市的创业型企业当做研究对象,全面整理了国内国外有关理论研究现实状况,现实选择理论视角研究了风险投资对企业技术创新的一个内在的影响模型,然后构建理论框架便于之后的研究,最后根据理论框架进行实证的设计、收集数据,从研发投入强度、技术员工比例、净资产收益率三大角度去全面研究风投对于此类企业技术创新之作用。文章从理论和实证两个方面去研究,在理论方面,文章选择创业型企业这个细微角度,从风投给企业技术创新带来的几大要素去阐述,从而获得去原理模型;在实证方面,通过计量模型去研究,得出风投参与会对企业产生积极效用,并且可以给企业带来诸多正向发展,同时,风投中等程度参与对企业最为有利。在文章最后,进行了总结。
[Abstract]:At present, the economic development of our country has entered a new normal, and there is pressure of transformation and upgrading in the macro economy. In order to achieve this goal, technological innovation must be carried out. It is of great significance to improve the structure of economic development and promote regional development. Venture capital has great significance in promoting the growth of entrepreneurial enterprises. However, there is not a unified conclusion. However, domestic scholars have relatively few studies in this field. It is very difficult to obtain empirical research because the data are relatively difficult to obtain, and only a few empirical studies are available. It is based on the national or regional data to verify this view. This paper starts with the enterprise level, taking the gem listed enterprises as the research object, comprehensively collates the domestic and foreign related theoretical research reality. From the perspective of realistic choice theory, this paper studies an internal model of venture capital's influence on enterprise technological innovation, and then constructs a theoretical framework to facilitate the subsequent research. Finally, the empirical design is carried out according to the theoretical framework, and the data is collected. This paper makes a comprehensive study on the effect of venture capital on the technological innovation of this kind of enterprises from the perspectives of R & D investment intensity, the proportion of technical staff and the rate of return on net assets. In this paper, we select entrepreneurial enterprise as a fine angle, from the venture capital to the enterprise technology innovation brought several elements to explain, thus get the degenerate principle model; in the empirical aspect, through the measurement model to study, It is concluded that venture capital participation will have positive effects on enterprises and can bring many positive developments to enterprises. At the same time, venture capital participation of medium degree is most beneficial to enterprises. At the end of the article, it is summarized.
【学位授予单位】：华中科技大学
【学位级别】：硕士
【学位授予年份】：2016
【分类号】：F273.1;F832.48

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