商业银行进行专利研发或寻求外部合作的初衷都是为了助力其数字化转型,提升在获客、风控和盈利等方面的效率。而商业银行应自主研发还是与外部合作来实现创新,是一个值得探讨的问题。文章通过对银行专利文本的分析及相关新闻的检索,提出了“引领式”创新、“跟随式”创新和“合作式”创新三种金融科技创新路径,并考察了不同创新路径对商业银行经营效率的异质性影响。研究发现,对大型银行来说,“引领式”创新和“跟随式”创新均能显著促进其小微企业信贷业务、风险管理能力和经营绩效,其中“引领式”创新的促进作用更加明显;对中小银行来说,“引领式”创新和“跟随式”创新对其小微企业信贷业务、风险管理能力和经营绩效的促进作用不明显,而“合作式”创新的促进作用则比较显著。文章的研究不仅在切入角度上有所创新,丰富了相关领域的研究内容,还为银行创新模式的选择提供了参考依据。
金融科技创新路径选择与银行经营效率
摘要
参考文献
3 池国华,杨金,邹威. 高管背景特征对内部控制质量的影响研究−来自中国A股上市公司的经验证据[J]. 会计研究,2014,(11):67−74. DOI:10.3969/j.issn.1003-2886.2014.11.009
4 戴国强,方鹏飞. 监管创新、利率市场化与互联网金融[J]. 现代经济探讨,2014,(7):64−67. DOI:10.3969/j.issn.1009-2382.2014.07.013
13 李华民,吴非. 银行规模、贷款技术与小企业融资[J]. 财贸经济,2019,(9):84−101. DOI:10.3969/j.issn.1002-8102.2019.09.007
16 李俊青,寇海洁,吕洋. 银行金融科技、技术进步与银行业竞争[J]. 山西财经大学学报,2022,(4):44−56. DOI:10.13781/j.cnki.1007-9556.2022.04.004
25 唐松,伍旭川,祝佳. 数字金融与企业技术创新−结构特征、机制识别与金融监管下的效应差异[J]. 管理世界,2020,(5):52−66. DOI:10.3969/j.issn.1002-5502.2020.05.005
28 谢治春,赵兴庐,刘媛. 金融科技发展与商业银行的数字化战略转型[J]. 中国软科学,2018,(8):184−192. DOI:10.3969/j.issn.1002-9753.2018.08.017
32 Bloom N, Van Reenen J. Patents, real options and firm performance[J]. The Economic Journal,2002,112(478): C97−C116. DOI:10.1111/1468-0297.00022
33 Bozic B, Siebert S, Martin G. A strategic action fields perspective on organizational trust repair[J]. European Management Journal,2019,37(1): 58−66. DOI:10.1016/j.emj.2018.04.005
34 Campanella F, Della Peruta M R, Del Giudice M. The effects of technological innovation on the banking sector[J]. Journal of the Knowledge Economy,2017,8(1): 356−368. DOI:10.1007/s13132-015-0326-8
35 Cheng M Y, Qu Y. Does bank FinTech reduce credit risk? Evidence from China[J]. Pacific-Basin Finance Journal,2020,63: 101398. DOI:10.1016/j.pacfin.2020.101398
36 Frame W S, White L J. Empirical studies of financial innovation: Lots of talk, little action?[J]. Journal of Economic Litera- ture,2004,42(1): 116−144. DOI:10.1257/002205104773558065
37 Griliches Z, Hall B H, Pakes A. R&D, patents, and market value revisited: Is there a second (technological opportunity) factor?[J]. Economics of Innovation and New Technology,1991,1(3): 183−201. DOI:10.1080/10438599100000001
38 Jagtiani J, Lemieux C. Do fintech lenders penetrate areas that are underserved by traditional banks?[J]. Journal of Economics and Business,2018,100: 43−54. DOI:10.1016/j.jeconbus.2018.03.001
39 Jiang H, Zhang J Y, Sun C. How does capital buffer affect bank risk-taking? New evidence from China using quantile regression[J]. China Economic Review,2020,60: 101300. DOI:10.1016/j.chieco.2019.04.008
40 Kelly B, Papanikolaou D, Seru A, et al. Measuring technological innovation over the long run[J]. American Economic Review: Insights,2021,3(3): 303−320. DOI:10.1257/aeri.20190499
41 Lapavitsas C, Dos Santos P L. Globalization and contemporary banking: On the impact of new technology[J]. Contributions to Political Economy,2008,27(1): 31−56. DOI:10.1093/cpe/bzn005
43 Liberti J M, Petersen M A. Information: Hard and soft[J]. The Review of Corporate Finance Studies,2019,8(1): 1−41. DOI:10.1093/rcfs/cfy009
44 Mukherjee A, Singh M, Žaldokas A. Do corporate taxes hinder innovation?[J]. Journal of Financial Economics,2017,124(1): 195−221. DOI:10.1016/j.jfineco.2017.01.004
45 Newman C, Rand J, Talbot T, et al. Technology transfers, foreign investment and productivity spillovers[J]. European Economic Review,2015,76: 168−187. DOI:10.1016/j.euroecorev.2015.02.005
47 Stulz R M. FinTech, BigTech, and the future of banks[J]. Journal of Applied Corporate Finance,2019,31(4): 86−97. DOI:10.1111/jacf.12378
48 Tihanyi L, Ellstrand A E, Daily C M, et al. Composition of the top management team and firm international diversification[J]. Journal of Management,2000,26(6): 1157−1177. DOI:10.1177/014920630002600605
49 Tong T W, He W L, He Z L, et al. Patent regime shift and firm innovation: Evidence from the second amendment to China’s patent law[J]. Academy of Management Proceedings,2014,2014(1): 14174. DOI:10.5465/ambpp.2014.14174abstract
50 Uchida H, Udell G F, Yamori N. Loan officers and relationship lending to SMEs[J]. Journal of Financial Intermediation,2012,21(1): 97−122. DOI:10.1016/j.jfi.2011.06.002
51 Uddin M H, Mollah S, Ali M H. Does cyber tech spending matter for bank stability?[J]. International Review of Financial Analysis,2020,72: 101587. DOI:10.1016/j.irfa.2020.101587
52 Zhao J S, Li X H, Yu C H, et al. Riding the FinTech innovation wave: FinTech, patents and bank performance[J]. Journal of International Money and Finance,2022,122: 102552. DOI:10.1016/j.jimonfin.2021.102552
引用本文
蔡岑, 殷晓晴, 陈选娟. 金融科技创新路径选择与银行经营效率[J]. 财经研究, 2023, 49(3): 19-33.
导出参考文献,格式为: