环境规制、研发投人与资源型企业创新绩效

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中图分类号：F425；X32 文献标识码：A 文章编号：2097-5465（2025）03-0113-08

Environmental Regulation，R&D Investment and Innovation Performance of ResourceBased Enterprises

Abstract：Theproposal of"carbonpeakingandcarbonneutrality"goalpushes thegreenandlow-carbondevelopmentof manufacturingenterprisestoanewheight，buttherelationshipbetweenenvironmentalregulationandenterpriseinnovationhasnot reachedaconsistentconclusion.Thispapersortsouttherelationshipbetweenenvironmentalregulation，R&Dinvestmentand enterprieinnovationperformancefromthetheoreticalandempirical perspectives.Taking A-shareresource-based manufacturing enterprisesfrom2O11to2O2Oastheresearchobject，theresearchresultsshowthatthereisnotAsimplelinearrelationshipbetween environmentalregulationandenterpriseinnovation，butAU-shapedcharacteristicof"firstinhibitionandthenenhancement". R&D investment playsapart inmediating therelationship betweenthetwo.Therefore，thegovermmentshouldactivelyplaya leadingroleinpolicy，promoteindustrialupgradingandoptimization，balancetheadvantagesofenvironmentalprotection expenditureinsqueezingoutinovationinputandinnovationcompensation，andimprovetheenthusiasmofenterpriseiovation achievements transformation.Enterprisesshouldtaketheinititivetoundertakeenvironmentalprotectionobligations，increase R&Dinvestment，and achieve a win-win situation between enterprise development and social welfare.

Keywords：R&Dinvestment；environmentalregulation；innovationperformance；resouce-basedenterprises；themediationeffect

来稿日期：2023-09-27 DOI：10.13937/j. cnki. hbdzdxxb.2025.03.015

作者简介：崔健（1971一），女，河北沧州人，经济学博士、教授，主要研究方向：货币理论和资本理论、区域经济管理。（剩余9431字）