The Differential Effects of Governmental Support Policies on Technology Acquisition Strategies of Industrial Enterprises——A Comparative Analysis Based on Different Types of Innovation Incentive Policies
Du Qianhui, Zhang Yuchen
School of Economics and Management,Tongji University,Shanghai 200092,China
Abstract:Government subsidy and tax credits,as the main policy instruments for the government to support enterprise innovation,have vital impacts on the allocation of enterprise innovation resources.Based on the provincial panel data of large and medium-sized industrial enterprises in China from 2011 to 2015,this paper mainly focuses on three types of innovation incentive policies,which are government subsidy,R&D expenses deduction and high-tech enterprises tax reduction,to explore and compare their incentive effects on three types of technology acquisition strategies,which are independent R&D,cooperative R&D and technological purchase.The empirical results show that three types of local government strategies can promote the investment of technological innovation in general,but there is significant heterogeneity in their influences.More specifically,government subsidies can better promote independent R&D in a short period,while crowding out the technology purchase.R&D expenses deduction can promote R&D input better in the long term,especially for cooperative R&D with foreign research institutions.Tax preference for high-tech enterprises has better short-term promotion effects on external R&D cooperation and external technology purchase,especially for cooperative R&D with domestic universities.
杜千卉, 张玉臣. 政府支持对工业企业技术获取策略的差异性影响——基于不同类型创新激励政策的比较研究[J]. 中国科技论坛, 2020(5): 15-23.
Du Qianhui, Zhang Yuchen. The Differential Effects of Governmental Support Policies on Technology Acquisition Strategies of Industrial Enterprises——A Comparative Analysis Based on Different Types of Innovation Incentive Policies. , 2020(5): 15-23.
[1]DIAMOND A M.Does federal funding“crowd in”private funding of science[J].Contemporary economic policy,1999,17(4):423-431. [2]朱永明,赵程程,赵健,等.政府补助对企业自主创新的影响研究——基于企业生命周期视角[J].工业技术经济,2018,37(11):27-34. [3]王德祥,李昕.政府补贴、政治关联与企业创新投入[J].财政研究,2017(8):79-89. [4]WALLSTEN S J.The effects of government-industry R&D programs on private R&D:the case of the small business innovation research program[J].Rand journal of economics,2000,31(1):82-100. [5]WU Y.The effects of state R&D tax credits in stimulating private R&D expenditure:a cross-state empirical analysis[J].Journal of policy analysis and management,2005,24(4):785-802. [6]GONZÁLEZ X,PAZÓ C.Do public subsidies stimulate private R&D spending[J].Research policy,2008,37(3):371-389. [7]张杰,陈志远,杨连星,等.中国创新补贴政策的绩效评估:理论与证据[J].经济研究,2015,50(10):4-17+33. [8]DUCH-BROWN N,GARCíA-QUEVEDO J,MONTOLIO D.The link between public support and private R&D effort:what is the optimal subsidy[R].Working Papers,2011. [9]SZCZYGIELSKI K,GRABOWSKI W,PAMUKCU M T,et al.Does government support for private innovation matter? Firm-level evidence from two catching-up countries[J].Research policy,2017,46(1):219-237. [10]樊琦,韩民春.政府R&D补贴对国家及区域自主创新产出影响绩效研究——基于中国28个省域面板数据的实证分析[J].管理工程学报,2011,25(3):183-188. [11]TASSEY G.Choosing government R&D policies:tax incentives vs.direct funding[J].Review of industrial organization,1996,11(5):579-600. [12]BLOOM N,GRIFFITH R,VAN REENEN J.Do R&D tax credits work? Evidence from a panel of countries 1979—1997[J].Journal of public economics,2002,85(1):1-35. [13]LEYDEN D P,LINK A N.Tax policies affecting R&D:an international comparison[J].Technovation,1993,13(1):17-25. [14]刘小元,林嵩.地方政府行为对创业企业技术创新的影响——基于技术创新资源配置与创新产出的双重视角[J].研究与发展管理,2013,25(5):12-25. [15]KOBAYASHI Y.Effect of R&D tax credits for SMEs in Japan:a microeconometric analysis focused on liquidity constraints[J].Small business economics,2014,42(2):311-327. [16]HALL B H.R&D tax policy during the eighties:success or failure[J].Tax policy and the economy,1993(7):1-36. [17]肖鹏,黎一璇.所得税税收减免与企业研发支出关系的协整分析——基于全国54个国家级高新区的实证研究[J].中央财经大学学报,2011(8):13-17. [18]MANSFIELD E.The R&D tax credit and other technology policy issues[J].American economic review,1986,76(2):190-194. [19]李丽青.我国现行R&D税收优惠政策的有效性研究[J].中国软科学,2007(7):115-120. [20]CZARNITZKI D,HANEL P,ROSA J M.Evaluating the Impact of R&D tax credits on innovation:a microeconometric study on Canadian firms[J].Research policy,2011,40(2):217-229. [21]郑春美,李佩.政府补助与税收优惠对企业创新绩效的影响——基于创业板高新技术企业的实证研究[J].科技进步与对策,2015,32(16):83-87. [22]王登礼,赖先进,郭京京.“研发费加计扣除政策”的税收激励效应——以战略性新兴产业为例[J].科学学与科学技术管理,2018(10):3-12. [23]曲婉,冯海红,侯沁江.创新政策评估方法及应用研究:以高新技术企业税收优惠政策为例[J].科研管理,2017,38(1):1-11. [24]李维安,李浩波,李慧聪.创新激励还是税盾?——高新技术企业税收优惠研究[J].科研管理,2016,37(11):61-70. [25]DAVID P A,HALL B H.Heart of darkness:modeling public-private funding interactions inside the R&D black box[J].Research policy,2000,29(9):1165-1183. [26]戴晨,刘怡.税收优惠与财政补贴对企业R&D影响的比较分析[J].经济科学,2008(3):58-71. [27]DAVID P A,HALL B H,TOOLE A A.Is public R&D a complement or substitute for private R&D? A review of the econometric evidence[J].Research policy,2000,29(4):497-529. [28]LIN J Y,LI F.Development strategy,viability,and economic distortions in developing countries[R].World Bank Policy Research Working Paper Series,2009. [29]杜军,王皓妍.税收优惠政策促进高新技术企业发展的实证研究——以江苏省常州市为例[J].税务研究,2013(3):64-68. [30]黎文靖,郑曼妮.实质性创新还是策略性创新?——宏观产业政策对微观企业创新的影响[J].经济研究,2016,51(4):60-73.