中文摘要：

本文构建了创新速度的作用机制框架，包括线性机制和非线性机制。线性机制是指创新速度通过竞争优势、树立品牌、降低成本、获取利润等效应有效地促进创新成果。非线性机制包括规模经济效应和适度速度效应。在此基础上基于面板数据模型和面板门槛回归模型进行了实证，结果表明：创新速度对创新成果的贡献显著，弹性系数为0．344。创新成果越高，创新速度的弹性系数越大。中等创新速度时，创新速度的弹性系数最大。企业研发经费的弹性系数最大，政府科技投入以及研发人员的绩效总体不高。

英文摘要：

Action mechanism framework of innovation speed was constructed in this paper, including linear mechanism and nonlinear mechanism. Linear mechanism is one of mechanisms that innovation speed can effectively improve innovation output through the effect of competitive advantage, building brands, cutting cost and earning profits. Nonlinear mechanism insists of scale economic effect and moderate speed effect. On this basis, it carried on a empirical research using panel data modal and panel threshold regression model. It shows that innovation speed significantly affects innovation output with a 0. 344 elastic coefficient. With more innovation output, elastic coefficient of innovation speed increases. When innovation speed is at a medium level, elastic coefficient of innovation speed is lar- gest. Elastic coefficient of firm R＆D input is largest, the performance of the full-time equivalent financial technology input and R＆D staff is generally not high.