Analysis Of Fiscal And Tax Policies To Stimulate Innovation In SME High-Tech Enterprises

As an important member of the national innovation team,SME high-tech enterprises play an indispensable role in the frontier of scientific research and innovation.In recent years,with the gradual development of SME enterprises in China,their economic and social utility are increasingly recognized and valued.Among the SME enterprises,SME high-tech enterprises "bear the brunt" and are at the forefront of industrial technological innovation.However,in the current market and financial environment,SME high-tech enterprises are also facing greater survival pressure and development bottleneck,so the financial subsidy policy and tax preferential policy have a more important incentive and supporting role for SME high-tech enterprises.This paper defines the category of SME high-tech enterprises,analyzes the legitimacy of the financial and tax policies and the mechanism of the financial and tax policies to encourage the innovation of SME high-tech enterprises,and analyzes and discusses the financial and tax policies to encourage the innovation of SME high-tech enterprises from the theoretical level,and makes a detailed list of them.At the same time,this article also summarizes the innovation advantages of SME high-tech enterprises and related innovation “bottlenecks” from multiple perspectives.On the basis of theoretical analysis,this paper selects empirical sample data and makes empirical analysis on them.From the analysis of the empirical results,there is a real difference between the financial subsidy policy and the tax preferential policy in the actual effectiveness of stimulating the innovation of SME high-tech enterprises.The preferential tax policy has a significant incentive effect on the innovation of SME high-tech enterprises,but the financial subsidy policy has a certain inhibitory effect on the innovation and R&D of SME high-tech enterprises.This paper analyzes the fiscal and tax policies that encourage the innovation of SME high-tech enterprises by using theoretical knowledge and empirical knowledge.At the same time,it draws on and absorbs the fiscal and tax experience of the countries around the world.Some policy suggestions are put forward,such as strengthening the indirect tax preference,reducing the direct financial subsidies appropriately,and making joint efforts of Finance and taxation to reduce the cost of high-tech products.