The Influence Of Preferential Tax Policies On Technology Innovation Incentive Of High-tech Enterprises

Science and technology are the primary productive forces,and innovation is undoubtedly the representative of science and technology.Today in the 21 st century,innovation determines the future of the country and the nation,and it is already an important embodiment of the country's overall national strength.In 2014,the relevant national leaders put forward the concept of “mass entrepreneurship and innovation”.Nowadays,with the upsurge of supply-side reform in China,enterprises represented by high-tech enterprises are becoming the mainstay of national innovation.High-tech enterprises are also facing many problems while enhancing innovation: shortage of funds and market failure.In order to optimize the allocation of market resources,the government must conduct macro-control to provide a good environment for innovation.In order to encourage high-tech enterprises to carry out technological innovation,the Chinese government has successively introduced some tax preferential policies and achieved certain results.This paper introduces the meaning of technological innovation of high-tech enterprises and the inherent limitations of technological innovation from the theory and concept,and then introduces the transmission mechanism of tax incentives to stimulate technological innovation of high-tech enterprises.In the empirical part,this paper selects the relevant data of five listed companies in eight fields of high-tech enterprises from 2015 to 2017 and concludes that income tax and turnover tax preferential policies promote enterprises to increase technological innovation investment and production.Out,the income tax preferential policy is more vigorous.Finally,through theoretical analysis and empirical analysis,this paper puts forward some suggestions for the shortcomings of China's current tax incentives: first,improve the indirect preferential policies;second,improve the tax incentives;third,improve the tax incentives related to scientific and technological talents.Fourth,improve the tax incentives.