Research On Incentive Effect Of Enterprise R&D Expenditure Addition And Deduction Policy

According to the "three-step" strategic plan for technological innovation,China will enter the ranks of innovative countries in 2020.The R & D expense super deduction policy is a tax preferential policy,which means that when an enterprise calculates the taxable income,we can not only deduct its R & D expenses,but also can deduct some of the R & D expenses according to a certain percentage.China has implemented the R & D expense super deduction policy for more than 20 years ago.In these 20 years,this policy has great significance for China to take the path of innovation and development.This article first analyzes the theoretical basis of the R & D expense super deduction policy,it has four parts: concept definition,theoretical basis,mechanism of action,and theoretical analysis.Then this article analyzes the status quo of the implementation of the R & D expense super deduction policy in the manufacturing industry,and puts forward the problems of China’s policy.The fourth chapter is based on theoretical analysis and current situation analysis.This article uses empirical analysis to analyze whether the the R & D expense super deduction policy has an incentive effect on the company’s R & D investment.The article selects 5 industries with the most R & D investment in manufacturing from 2012 to 2016.Finally the article selected 360 samples and 1800 observations.The article uses multiple linear regression models to analyze these data.Through regression analysis,it is found that the R & D expense super deduction policy has an incentive effect on R & D investment of enterprise.Then this article analyzes whether the nature of ownership and executive equity incentive policy affect the effect of policiesAfter empirical analysis,this article summarizes the characteristics of the foreign R & D expense super deduction policy,and then puts forward suggestions for improvementon combined with the existing problems of China’s super deduction policy,.Recommendations include policy development and policy implementation.The specific recommendations include: expanding the scope of policy application;formulating preferential policies;exploring special preferences for specific targets;implementing a mixed deduction model;adjusting policy for different regions;strengthening cooperation between various departments;strengthening talenttraining;strengthening policy publicity;standardizing filing accounting and follow-up management.