Research On The Impact Of Government Subsidies On The Innovation Performance Of Integrated Circuit Enterprise

Innovation has been a top priority for national development since ancient times.From the development of China,it can be seen that the government plays an irreplaceable role in the development of enterprises.Through various policies and subsidies promulgated by the government,many enterprises have improved their independent innovation capability and correspondingly increased the amount of R&D investment.Especially for the IC industry,as a new industry,it requires a high level of innovation,and due to China’s own lack of foundation,it is necessary to promote the state to help its reform and innovation,so as to promote the development of enterprises and stimulate technological innovation.However,the study of government subsidies for IC enterprises has not received excessive attention from scholars.The IC industry,which has the characteristics of strong dependence and high technological innovation requirements,has had a rapid development in recent years with the support of the state,and the innovation technology has been significantly improved.Therefore,this paper takes IC companies as the research object to explore the relationship between government subsidies and innovation,and analyzes whether R&D investment plays a positive moderating role in it.This paper firstly explains the necessity of studying the impact of government subsidies on IC firms through literature review and integration,and explains the core concepts;secondly,through the previous theoretical exploration,four research hypotheses are proposed and the variables are defined accordingly,and through data screening,an empirical model is used to analyze the impact of government subsidies on the innovation performance of IC firms,while R&D investment.As the moderating effect,the previous hypotheses are verified;then,Weir shares are introduced as the case study object to micro-analyze the impact of government subsidies on the innovation performance with this enterprise.Finally,through the combination of empirical evidence and case study analysis,this paper concludes that the implementation of government subsidies can effectively stimulate the inflow of enterprise R&D funds,which has a certain impact on the innovation performance of enterprises.According to this,some suggestions and measures are given from the two levels of the state and enterprises.The government should improve the subsidy level and optimize the subsidy structure;Enterprises should pay attention to R&D investment and strengthen R&D.