Study On The Effects Of Goverment Subsidy On The Innovation Of Strategic Emerging Industries

Strategic emerging industries as the future of the country to win the international competitive advantage in the new areas of key areas,representing a new round of technological revolution and industrial direction of change.R&D personnel and capital investment is an important factor in the development of strategic emerging industries.In order to promote the development of strategic emerging industries,the government has given various subsidies to solve the R&D lack of power in the R&D due to the existence of risks,incomplete product occupancy.However,government funding to encourage enterprises to carry out research and development at the same time,but also to a certain extent,their own R&D investment has produced a crowding effect,making the funding effect affected.This paper analyzes the influence of government subsidy on the innovation investment of strategic emerging industries in the R&D of R&D activities of strategic emerging industries.First of all,this paper analyzes the mechanism of R&D investment in strategic emerging industries from the theory of strategic emerging industry development,government intervention theory and resource basic theory,And then analyze the role and impact of direct and indirect funding in government grants,And then through the analysis of the status of strategic emerging industries summed up the strategic emerging industries R&D investment situation,Finally,the empirical relationship between the government subsidy,the tax incentives and the strategic emerging industry R&D inputs,there are some differences in the impact of the two funding methods on the innovation input of state-owned and private enterprises.The empirical results show that government funding,whether direct or indirect,contributes to R&D investment in strategic emerging industries,Which indirectly subsidized tax incentives there is a certain lag,and compared to private enterprises and state-owned enterprises have also come to private enterprises more vulnerable to government funding incentives.Finally,This paper analyzes the empirical results of government subsidy,and gives the reference measures from the formulation of government subsidies and tax preferential policies.