金融集聚对企业创新的影响研究——基于江苏省13个地市的面板数据

Research on the Impact of Financial Agglomeration on Enterprise Innovation—Based on the Panel Data of 13 Cities in Jiangsu Province

摘要: 以往研究中西东部的差异居多，缺少针对性视角，而本文以江苏省为例，使得研究结论与政策建议更具有实操性。在国际化程度越来越高的今天，我国金融特征和区域异质性对江苏省企业的创新会带来何种影响？这个问题具备一定的讨论价值。本文基于金融集聚在江苏省现状分析，研究金融集聚与企业创新的互动关系，探究金融集聚是否会导致企业创新效率增加，从而提出了本文的研究思路、技术路线和主要研究内容。本文选取了2013至2016年江苏省13个市的样本，讨论了金融集聚对企业创新的影响机制，进而系统地研究了在企业创新过程中金融集聚所产生的作用，从而构成本文的理论研究框架。研究结论如下：1) 金融集聚与企业创新是单向因果关系，金融集聚能够显著影响区域企业创新的发展；2) 金融集聚能够显著促进企业创新的发展，同时区域固定资产投资也能够显著促进企业创新的发展。因此，政府应该通过精准施策，实现结构优化，同时挖掘企业创新发展硬件与软件要求，推动金融集聚区落地，并提高固定资产投资额，以基建提速促进企业创新的发展。

Abstract: In the past, there were mostly differences between the East and the West in research, lacking a targeted perspective. However, this article takes Jiangsu Province as an example, making the re-search conclusions and policy recommendations more practical. In today’s increasingly interna-tionalized world, what impact will China’s financial characteristics and regional heterogeneity have on the innovation of enterprises in Jiangsu Province? This issue has certain discussion value. This article analyzes the current situation of financial agglomeration in Jiangsu Province, studies the interactive relationship between financial agglomeration and enterprise innovation, explores whether financial agglomeration will lead to an increase in enterprise innovation efficiency, and proposes the research ideas, technical roadmap, and main research content of this article. This ar-ticle selects samples from 13 cities in Jiangsu Province from 2013 to 2016, discusses the impact mechanism of financial agglomeration on enterprise innovation, and systematically studies the role of financial agglomeration in the process of enterprise innovation, thus forming the theoretical research framework of this article. The research conclusions are as follows: 1) financial ag-glomeration and enterprise innovation are unidirectional causal relationships, and financial ag-glomeration can significantly affect the development of regional enterprise innovation; 2) financial agglomeration can significantly promote the development of enterprise innovation, while regional fixed assets investment can also significantly promote the development of enterprise innovation. Therefore, the government should implement precise policies to achieve structural optimization, at the same time, tap the requirements of hardware and software for enterprise innovation and development, promote the implementation of financial clusters, increase the amount of fixed assets investment, and accelerate the development of enterprise innovation with infrastructure.