增量市场化改革与风险投资战略调整:基于产业链创新发展

IF 7.4 2区 经济学 Q1 BUSINESS, FINANCE
Yu Ren, Xiongfei Liu, Yi Zhu
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引用次数: 0

摘要

市场化改革是确保长期发展的关键。本文利用 2010 年至 2022 年中国 31 个省份的面板数据,研究了市场化改革对风险投资战略调整的影响和机制。研究发现,市场化改革主要通过加强产业链创新和降低税收负担提高了风险投资水平。在此基础上,提出了深化市场化改革、推进中国风险投资战略调整的建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Incremental marketization reforms and venture capital strategy adjustments: Based on industrial chain innovation development
Marketization reforms are essential for ensuring long-term development. This paper examines the effect and mechanisms of marketization reforms on venture capital strategy adjustments using panel data from 31 provinces in China from 2010 to 2022. The study finds that marketization reforms have increased the level of venture capital primarily by enhancing industrial chain innovation and reducing tax burdens. Based on the findings, recommendations are proposed to deepen marketization reforms and advance venture capital strategy adjustments in China.
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
期刊介绍: Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance
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