A Study On The Mechanism Of Fiscal Policy On The Technological Innovation Ability Of High - Tech Industry

Technology innovation is the motive force of economic development, promote technology innovation ability to provide power source for transformation of the pattern of economic development, has become the current our country one of the main goals of public policy. This paper focuses on the fiscal policy in the mechanism of technological innovation ability of ascension system research, theoretically analyzes the different mechanism of action of policy tool to promote industrial technology innovation ability, the use of quantitative research methods to identify the different policy tools in high technology industry technology innovation ability ascension the manifestation of different mechanism of action, and put forward policy Suggestions. In this paper, we study the optimization of the technological innovation in the design of public policy, and enriched the contents of the theory of public economic theory and technological innovation is of great significance.In this paper, on the basis of existing research, the government procurement, tax incentives and fiscal expenditure on science and technology three fiscal policy tools, through cost, income, risk and technology oriented four ways respectively and three industrial technology innovation ability, the support capability of technology innovation, technology innovation ability and technology innovation output capacity to establish internal pathways, pathways of corresponding theoretical analysis, and test its effect. The first part of the paper is the basis of the research part, this paper introduces the research background, puts forward the research purpose and significance, research ideas and methods, the research content is designed. And combed the domestic and foreign relevant industry technology innovation ability and the fiscal policy of the related research literature, summarized our country relevant fiscal policy to promote industrial technology innovation. The second part is the core part of this paper, first of all, based on the theory of market failure theory and technological innovation, using the normative economics research methods, from the cost, income, risk and technology oriented four Angle analysis of the existing three major fiscal policy tools for the role of high and new technology industry technology innovation path, are explained in detail theoretically fiscal policy to promote the mechanism of action of high and new technology industry technology innovationability, theory analysis, policy tool of effective mechanism must be running as a guarantee. Secondly, based on a high and new technology industry in China 2003-2012 panel data, established the corresponding evaluation index, the government procurement, tax incentives and fiscal expenditure on science and technology policy tools through cost, income, risk and technology oriented four way to promote the high and new technology industry technology innovation ability promotion effect has carried on the quantitative research. Studies have found that in terms of cost effect mechanism, government procurement and the fiscal expenditure on science and technology two policy tools to promote technology innovation ability has significant effect, especially in the field of medical equipment and instrument effect; For the technical guidance mechanism, the effect of preferential tax policy tools, the most obvious and in electronics and communications equipment industry’s most influential; Quantitative analysis of the impact on earnings mechanism of found that government procurement and the preferential tax policy tool to improve the most significant effect of the influence of the innovation ability, most influential in the field of pharmaceutical manufacturing industry. Limited to loss of data, in this paper, the risk sharing mechanism to do quantitative analysis, but does not affect the study conclusion in this paper. Finally, the paper put forward the policy Suggestions that the inefficiency of the role of a single fiscal policy tools, need rich financing channels, perfecting tax incentive mechanism and improve the government procurement system, all-round optimization policy tool, is conducive to raising the multi-channel security industry technology innovation ability of public policy implementation mechanism.