软预算约束下的科技企业孵化器竞争研究
Research on Incubators Competition with Soft Budgets
本文基于非营利组织的视角,建立软预算约束下的非营利性科技企业孵化器竞争博弈模型,分析了财政返还比率、软预算约束程度、没收利润、竞争强度和孵化价格对均衡孵化质量和成本控制努力程度的影响,探究了孵化器的最优策略。研究表明软预算降低了成本控制努力程度,但是对孵化质量的影响不确定;没收利润会削减孵化质量和成本控制努力程度;竞争强度、孵化价格和财政返还比例的提高对成本控制努力程度没有影响,但均可促进均衡孵化质量的提高。当价格最优,严格的无救助、无利润回收政策为最优政策。
his paper analyzes the incentives for incubators to provide quality and expend cost-reducing effort when their budgets are soft, i.e., the payer may cover deficits or confiscate surpluses. In the model, there are two incubators that differ in location and face demand uncertainty, where the incubators run deficits (surpluses) in the high (low) demand state. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer budgets increase quality since parts of the expenditures may be covered by the payer. However, softer budgets reduce cost-reducing effort and the profit margin, which in turn weakens quality incentives. The paper also finds that profit confiscation reduces quality and cost-reducing effort. First best is achieved by a strict no-bailout and no-profit-confiscation policy when the regulated price is optimally set. However, for suboptimal prices a more lenient bailout policy can be welfare improving.
刘晓英、吴文清
经济计划、经济管理财政、金融
技术经济及管理孵化器竞争软预算约束孵化质量努力水平
technical economics and managementincubators competitionsoft budgetsincubator qualityeffort level
刘晓英,吴文清.软预算约束下的科技企业孵化器竞争研究[EB/OL].(2017-04-21)[2025-08-18].http://www.paper.edu.cn/releasepaper/content/201704-288.点此复制
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