劳动力成本如何影响制药公司的创新产出:来自中国的证据
Ying Chen1, Qiankun He2, Ting Wang1
1Chongqing University, Chongqing, China.
概括
劳动力成本上独特地推动了制药领域的创新,与其他行业不同. 资金限制阻碍了制药创新,而因子替代是无效的.
科学领域:
- 经济学 经济学 经济学
- 创新研究 研究 创新研究
- 制药行业分析 制药行业分析
背景情况:
- 传统的经济理论认为,不断上升的劳动力成本推动了资本替代和技术升级.
- 制药行业是人力资本密集型的行业,在用资本取代劳动力方面面临着挑战.
- 有限的研究存在于劳动力成本对制药研发行为的具体影响.
研究的目的:
- 分析劳动力成本上对制药行业企业创新的三重影响.
- 为了比较劳动力成本对制药和其他行业创新的影响.
- 研究人力资本,物质资本和金融资本在这种关系中的作用.
主要方法:
- 使用来自中国上市公司的数据进行实证分析.
- 考察劳动力成本对创新产出的影响.
- 评估融资约束和因素替代的缓和效应.
主要成果:
- 劳动力成本的增加促进了制药行业的创新产出,尽管比其他行业少.
- 融资限制对企业创新产生了负面影响,特别是在制药行业.
- 因子替代对其他行业的创新产生了积极的影响,但在制药行业并不显著.
结论:
- 劳动力成本对制药创新产出有着明显的,积极的影响.
- 资金限制是制药行业创新的重要障碍.
- 制药行业的独特特点限制了因子替代作为创新驱动力的有效性.
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