Research On The Effect Of Fiscal Policies On S&T Innovation And Improving Countermeasures

The advent of economic globalization and the information age changes the competition of countries into the competition of science and technology. If a country were a leader in the field of science and technology, it would have a place in the forest of the world, therefore, the countries have to place the technological innovation in an important strategic position. In recent years, China’s economy has created one after another Chinese miracle which with countries around the world are surprised, but our country paid a heavy price, high energy consumption and high pollution caused serious damage to China’s ecological environment, if you do not change the way of economic development and adjust industrial structure, it will be a bottleneck for China’s economic development. China proposes to use innovation to drive the development of economy and use technology to lead the future of China in this year’s annual political sessions, therefore, China must rely on technology Innovation to promote economic development, transform economic development mode from extensive economy to intensive economy, only in this way will our economy move in the direction of the sustained and healthy development.As compared with other research institutions, companies are the subiect of S&T innovation, so it is better for companies to carry out S&T innovation. Because of the characteristics of S&T innovation, it is difficult to complete this complex scientific and technological innovation projects only relying on the maket, there will be market failure, so it requires government regulation to promote the rational allocation of market resources, researching how to use fiscal policies to promote the S&T innovation of enterprise is particularly important. Fiscal policies mainly include financial technology investment, tax incentives, government procurement and risk investment. This article firstly introduces technological feature, analyzes the mechanism of fiscal policies and that it is necessary for government to use fiscal policies to drive enterprise to carry out technology innovation, and then analyzes the status of the government’s four main fiscal policies and concludes that there are many problems, and then based on the three links of technological innovation, basic research, application research and development test, it uses empirical analysis to achieve that fiscal policies, sensitivity in three links, summarizes the United States, Japan, Korea and other countries advanced experience that they use to promote the development of technological innovation successfully, on the foundation of a comprehensive analysis, proposes recommendation and measures for improving the overall scientific and technological innovation and provided advice reference for the development of science and technology that our government use fiscal policies to promote in the future.