基于二次创新理论的军民融合企业创新差异研究

国有军工企业与民营军工企业都具有通过产权制度创新促进技术再创新的内在需求。但因制度惯性、技术基础和发展路径存在差异，在实现更大范围和更深层次的产权制度改革后，出现具有中国特色的军民融合二次创新技术路径，其演进过程和创新功能值得关注。基于我国248家上市公司1992-2019年非平衡动态面板数据，对国有军工上市企业和民营军工上市企业两种路径军民融合再创新模式进行比较分析，并进行中介效应检验和系统GMM回归。研究表明，民营军民融合企业创新市场价值强于国有军民融合企业。最终，在分析军民融合二次创新两种路径的基础上提出相关对策建议。

Research on the Innovation Difference of Civil-military Integration Enterprises based on the Secondary Innovation Theory

Both state-owned military enterprises and private military enterprises have the inherent demand of promoting technological innovation through property right system innovation.However, due to the difference of institutional inertia, technological basis and development path, after realizing the reform of property right system in a larger scope and in a deeper level, the "secondary innovation" technological path of civil-military integration with Chinese characteristics has appeared, and its evolution process and innovation function deserve our attention.Based on the non-equilibrium dynamic panel data of 248listed companies from 1992 to 2019, this paper makes a comparative analysis of the military-civilian integration re-innovation model of state-owned listed military enterprises and private listed military enterprises, and conducts an intermediary effect test and systematic GMM regression.The research shows that the market value of innovation of civilian-military integrated enterprises is stronger than that of state-owned enterprises.In addition, this paper also puts forward a series of suggestions based on the analysis of the problems existing in the two paths of "second innovation" of civil-military integration.