Tax Incentive Stimulate Technological Innovation

Technology innovation has always been a hot topic.Whether it is the impact of artificial intelligence brought by Google Alpha Go or the brand new reform of communication system brought by huawei 5G,we can easily find that innovation is of great significance for the development and innovation of enterprises,the enhancement of national soft power and even the development and progress of a nation.In recent years,the state has been committed to promoting tax incentives for enterprises and reducing their burdens.However,China's current tax policies are not perfect,and the implementation of tax incentives needs to be improved.How to correctly understand the relationship between tax incentives,tax burden and technological innovation of enterprises needs to further study their internal relations and improve and optimize them,so as to better promote the incentive effect of tax incentives on technological innovation of enterprises.In view of this,this paper takes the tax burden as the intermediate variable and USES the comprehensive tax burden and tax preference measurement standard to study the relationship between tax preference and enterprise technology innovation,which is of great practical significance in the current environment.On the basis of reviewing domestic and foreign research literature on tax incentives and technological innovation of enterprises,this paper introduces the tax burden of intermediate variables,explains the concepts of tax incentives,tax burden and technological innovation of enterprises,and introduces the mechanism of tax incentives,corporate tax burden and technological innovation of enterprises from the perspective of theory.After choosing determine appropriate preferential tax,enterprise tax burden,enterprise technology innovation of variable indicators,and correlation analysis model is established by reasonable hypothesis to and to gem 255 listed companies in our country five years of data from 2013 to 2017 as the research sample,using stata13.0 software for the construction of the model of descriptive statistics and regression analysis,through the intermediary role of tax burden,studies the preferential tax incentive for enterprise technology innovation.In order to ensure the rationality and reliability of the results,this paper proves that there is no collinearity between variables through the collinearity test and robustness analysis of model variables,and 4 model has robustness,thus strengthening the reliability of the conclusion.Through empirical research,this paper comes to the following conclusions :(1)tax incentives have a significant incentive effect on technological innovation of enterprises,and the increase of tax incentives has a significant positive correlation with the increase of research and development investment intensity of enterprises;(2)in addition to tax incentives,the impact of corporate tax burden on technological innovation cannot be ignored.The reduction of corporate tax burden expands corporate profit margin,reduces the risk of corporate r&d investment,and makes enterprises more willing to invest in technological innovation.According to the result of empirical analysis and conclusion,this paper puts forward the following Suggestions:(1)we will accelerate legislation on preferential tax policies.We will establish and improve a sound legal system for tax incentives,and improve tax supporting policies with high standards,wide audiences and strong executive force.(2)promoting tax incentives to precisely support technological innovation.Precise positioning of tax incentives in the whole process of enterprise technological innovation enables enterprises to enjoy adequate support in the key activities of technological innovation through tax preferential policies.(3)we will improve the efficiency of implementing preferential tax policies.From the three aspects of the formulation,implementation and supervision of tax preferential policies,we can ensure the effective implementation of tax preferential policies in the right direction,so as to give full play to the incentive effect of tax preferential policies.