With the change of the structure of contemporary economies and politics, human society is facing a new trend of innovation based on knowledge and technology, countries want to have an advantage in the fierce international competition, they must be brave to innovate, seize the opportunity, and thus enhance their comprehensive strength. World Intellectual Property Organization(WIPO) published the 2015 global innovation index report, showing that China’s ranking was the same as 2014, ranked twenty-ninth, top 25 countries are high-income economies. Countries around the world paid more and more attention to innovation, their innovation index increased in different degrees, Chinese ranking was ranked in the forefront, but there was a gap between China and the typical innovation oriented country. Affected by the internal and external factors, China’s economic development has entered a new normal stage, the rate of GDP growth was only 6.9% in 2015.the Party Central Committee changed the mode of economic growth under the economic downward pressure, regard innovation as the engine of economic development, strived to promote "public innovation, peoples entrepreneurship". The small and medium-sized enterprise(SMEs)is the most driving force for innovation in the subject, and is the main force of the independent innovation. Enterprises carry out autonomous innovation, which naturally can not leave the government’s policy support. Some of the specific provisions of China’s current fiscal and tax policy related research and development activities have played a positive role in encouraging the autonomous innovation of SMEs. but due to the fiscal policy is not perfect, it is not suitable for SMEs to give full play to the enthusiasm of innovation, the urgent need to improve the relevant incentive policies to support autonomous innovation of SMEs.This paper was based on the above understanding, first summarized the domesticand foreign literature, defined the connotation of autonomous innovation and the SMEs, discussed the financial policy intervened activities of autonomous innovation in SMEs; Secondly, summarized foreigner policy about autonomous innovation in SMEs,summed up the successful experience; Then analyzed the present situation of autonomous innovation in Chinese SMEs and summarized the related fiscal policy, analyzed the problems in fiscal policy,such as the lack of the financial investment in science and technology, SMEs in the government procurement in a weak, The role of preferential tax incentives was not obvious and so on; Under the conditions of the theoretical basis and the normative research in the previous chapters, regarded the strength in R&D investment of SMEs as the representative of autonomous innovation ability, introduced the data of companies listed on the SME board,established VAR model, studied the impact of fiscal policy and tax policy on the intensity of R&D investment in s SMEs, Analyzed the implementation effect of the fiscal and tax policy, the result showed that the incentive effect of the fiscal subsidy policy on the autonomous innovation ability of SMEs was obvious, but it still needed to be raised; tax incentives were not optimistic about the effect, and needed to be further improved; Finally, summed up the three goals of fiscal policy to support autonomous innovation of SMEs: reduce the cost of innovation, increase the innovation income, defuse the risk of innovation, and put forward the related policy choice principle and the fiscal and tax policy suggestion.The innovation of this paper is through the analysis of the current situation of domestic SMEs’ autonomous innovation and the existing fiscal and tax policies, the incentive effect of fiscal and tax policy on the autonomous innovation ability of SMEs is discussed, further analysis of the difference between fiscal and tax effects, and on this basis, the paper puts forward the overall idea of fiscal and tax policy options, and fiscal policy recommendations and related supporting measures, make fiscal policy to coordinate and support the autonomous innovation of SMEs. To provide some instructive suggestions for the support policy practice of Chinese SMEs, can cause more experts and scholars and government departments concerned in following study, provide adequate research data and theoretical support for the improvement of autonomousinnovation in SMEs incentive policy, finally can achieve the purpose of supporting the autonomous innovation of SMEs. |