银行业市场竞争对企业技术创新的影响研究
The Influence of Banking Market Competition on Enterprise Technology Innovation

银行贷款是企业创新的重要融资来源，银行业市场的变化影响着企业技术创新的融资环境。基于2008-2014年沪深A股上市公司的实证检验发现：银行市场竞争性的提高有利于缓解企业的融资约束，促进企业技术创新。企业规模对中小企业的技术创新有正向的影响，对大型企业存在负的效应。银行业市场竞争对企业技术创新的影响也因企业规模不同而不同，中小企业受到的融资约束明显，银行业竞争度的提高更有利于促进中小企业的技术创新。
Since bank loan is one of the important financing sources of enterprise innovation, the changes of banking market structure and competitiveness affect the environment of enterprise innovation. The empirical study based on 2008-2014 a share listed companies shows that, the improvement of banking market competitiveness is beneficial to alleviating the financing constraints of enterprise, thus promoting enterprise technology innovation. Firm size has a positive impact on technological innovation of small and medium-sized enterprises and has a negative effect on technological innovation of large enterprises. Compared with large enterprises, due to the fact that the small and medium-sized enterprises' financing constraints are more serious, the improvement of banking competition degree is more advantageous to promote technological innovation of small and medium-sized enterprises.