中文摘要：

供给侧改革的重要内容是提高和优化各类要素资本的配置效率,而技术资本优化配置又是提高各类要素资本配置效率和供给侧改革能否顺利推进的关键。首先,分析了2009-2014年我国上市公司各类要素资本配置结构以及技术资本在不同行业中的配置比例与变化趋势。其次,从披露技术资本的公司数量、技术资本占各类资本总额比例、行业等视角分析技术资本配置不足及效率不高的深层原因。最后,针对现状和原因提出技术资本优化配置对策,部分解决了转变企业粗放增长方式难的问题,为促进供给侧改革的顺利推进提供有益的参考。

英文摘要：

The important content of the supply side reform is to heighten and optimize the configuration efficiency of all kinds of production factor capitals,and technology capital optimal configuration is the hinge that whether the production factor capitals＇ configuration efficiency will be improved and supply side reform will be advanced smoothly. This paper analyzes Chinese listed companies ＇ all kinds of production factor capitals ＇ configuration structure,and technology capital ＇s configuration ratio and variation tendency in different industries in 2009-2014. This paper also analyses the deeper reason of technology capital insufficient configuration and low efficiency,from the perspective of game and industries environment. Finally,based on the status quo and above reasons,this paper puts forwards to countermeasure of optimizing the allocation of technology capital. Some parts explain the difficulty of the enterprise extensive growth transformation mode,which is providing beneficial reference to promote the schedules of supply side structural reform smoothly.