Abstract: Disclosed is a luminescent or charge-transporting polymer compound having a main chain containing a divalent heterocyclic group, a divalent condensed polycyclic hydrocarbon group including no five-membered ring, a group represented by the formula (1) below or a divalent aromatic amine group as a repeating unit, and a functional side chain containing at least one functional group selected from the group consisting of hole injecting/transporting groups, electron injecting/transporting groups, and light-emitting groups. This polymer compound is characterized in that the functional group is directly bonded to a saturated carbon atom in the repeating unit or bonded to the repeating unit via X is an —RJ—X— group (wherein RJ represents an optionally substituted alkylene group, X represents a direct bond, an oxygen atom, a sulfur atom, C?O, C(?O)—O, S?O, SiR8R9, NR10, BR11, PR12 or P(?O)R13.