Financial Ownership Discrimination,Ownership Structure and Innovation Output:The Evidence from Regional Industry Sector of China
研究了金融所有权歧视对国有企业创新产出的影响，发现低成本资本获取渠道反而降低创新，且国企比例高的地区创新产出更低，减少歧视可提升创新。
In view of financial ownership discrimination,this paper re - examines innovation outputs of SOEs.By establishing a model with financial ownership discrimination,we find that manufacturers with access to lowcost capital has lower innovation output.Further,by using the panel data in China from 2001 to 2010 as samples, we test the relationship of regional innovation output,proportion of SOE and financial ownership discrimination. The empirical results show that areas with high proportion of SOE have lower innovation outputs,and the financial ownership discrimination suppresses innovation activities of SOEs.Reducing financial ownership discrimination will improve innovation output of SOEs and regions.