Studies On Taxation Incentive Effects On Technological Innovations Of Chinese Listed Companies

Under the call by our government " of building an innovative country so as to makedevelopment of science and technology become strong support of our economic and socialdevelopment", technological innovations of the enterprise as a unit in national and socialdevelopment tide are attached to more and more importance. Therefore, the issue ofimpacts of preferential taxation policies on Chinese enterprises’technological innovationactivities has become more and more worthy to be concerned about. The thesis conductsempirical analysis of collected data in technological innovation of Chinese listed companiesand then offer some proposals concerning preferential taxation policies to strengthenenterprises’ technology innovation dynamism based on research findings.The thesis firstly analyzes current situations and existing problems concerningtechnological innovations and taxation incentives on the basis of summary of relatedresearch literature concerning technological innovations and taxation incentives at homeand abroad; Then it conducts theoretical analysis of incentive effects of preferentialtaxation policies to motivate entrepreneurial activities involved; Lastly, it selects R&Dand taxation incentives data of188listed companies in Growth Enterprise Market in2010as the study sample, adopts multiple regression approach to conduct stepwise regressiontests of relevant factors that affect R&D investment and analyzes R&D investment ratioof enterprises in a variety of preferential taxation policies.Through detailed analysis and empirical tests, this study concludes that: The intensitylevel of corporate investment in technological innovations is the result of various factors(various factors with different importance); Preferential taxation policies towardtechnological innovations, to a certain extent, can play a role on encouraging enterprises toincrease R&D investment (Different taxes and different preferential ways should becombined.); In vigorously developing technological innovation activities, our governmentshould stimulate enterprises to increase innovation investment according to features ofdifferent industries via preferential taxation policies under the premise of enterprises’innovative will and staff so as to promote technological innovative dynamics. Finally,relevant policy proposals and observations for future in-depth research are made based onthe research findings.