贵州财经大学学报

贵州财经大学学报 ›› 2023 ›› Issue (03): 71-80.

• 工商管理 • 上一篇    下一篇

税收激励对企业创新的多重激励效应

甘行琼, 余倩   

  1. 中南财经政法大学 财政税务学院, 湖北 武汉 430017
  • 收稿日期:2022-01-10 出版日期:2023-05-15 发布日期:2023-05-23
  • 作者简介:甘行琼(1966-),女,湖北武汉人,中南财经政法大学财政税务学院教授,博导,经济学博士,主要研究方向是财税基础理论和中西方财税制度;余倩(1994-),女,四川广安人,中南财经政法大学财政税务学院博士研究生,主要研究方向是财政政策评估、税制设计。
  • 基金资助:
    国家社会科学基金项目“我国财税政策促进产业结构调整有效性研究”(18BJY206);中南财经政法大学2022年基本科研项目“推进产业结构绿色化转型的财政制度研究”(2722022AK004)。

The multiple incentive effect of tax incentive on enterprise innovation

GAN Xingqiong, YU Qian   

  1. Zhongnan University of Economics and Law, School of Public Finance and Taxation, Wuhan, Hu Bei, 430017
  • Received:2022-01-10 Online:2023-05-15 Published:2023-05-23

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摘要： 激发企业创新动力、提高企业创新能力以破解关键领域技术难题,是新时期建设创新型国家和促进经济高质量增长的内在需求。基于2014和2015年固定资产加速折旧这一外生政策冲击,使用渐进式双重差分模型,研究了税收优惠对企业创新的影响。研究发现,税收优惠能缓解企业现金流和融资约束、改变管理者预期和抑制企业金融化等多重路径正向激励企业创新;该政策不仅显著增加了企业实质性创新产出,也有效改善了企业创新质量;但该激励效应在资本密集型企业、民营企业和高新技术企业表现得更明显。上述结论不仅从微观角度阐释了税收优惠对企业创新的影响,为企业创新行为的决定机理提供了理论解释和经验证据,也为现代财税体制建设和经济高质量发展,提供了政策启示。

关键词: 税收激励, 固定资产加速折旧, 企业创新, 创新质量

Abstract: To stimulate the impetus of enterprises' innovation and improve their innovation ability to solve technical problems in key areas are the internal needs of building an innovative country and promoting high-quality economic growth in the new era.Based on the exogenous policy impact of accelerated depreciation of fixed assets in 2014 and 2015, this paper studied the impact of tax incentives on enterprise innovation by using a progressive dual difference model.The study found that tax incentives can alleviate enterprise cash flow and financing constraints, change management expectations and restrain enterprise financialization to positively stimulate enterprise innovation; and the policy not only significantly increases the substantial innovation output, but also effectively improves the quality of enterprise innovation; meanwhile the incentive effect is more obvious in capital-intensive enterprises, private enterprises and high-tech enterprises.The above conclusions not only explain the impact of tax incentives on enterprise innovation from the micro perspective, and provide theoretical explanation and empirical evidence for the decision mechanism of enterprise innovation behavior, but also provide policy inspiration for the construction of modern fiscal & tax system and the high-quality economic development.

Key words: tax incentives, accelerated depreciation of fixed assets, enterprise innovation, innovation quality

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