Research On The Implementation Effect And Regional Differences Of China’s Additional Deduction Policy For R&D Expenses

The current innovation has become a key factor for the prosperity and development of a country.Relying on innovation and progress to promote the development of strategic emerging industries and establish an innovative country has become the universal consensus of all countries in the world.However,the innovation ability of a country is inseparable from the independent innovation capability of domestic enterprises.In order to improve the motivation of enterprises to carry out research and development innovation activities,China has successively issued a series of tax incentives to promote corporate R&D and innovation activities.Among these preferential policies,the R&D expenses plus deduction policy is the most preferential.So how much effect can these policies implement? In addition,due to China’s vast territory and uneven development between regions,and the development environment of enterprises in different regions is not the same,will the policies implemented in different regions produce different effects? These questions are worth checking out.Therefore,based on the analysis and analysis of the implementation effect of the R&D expenses plus deduction policy,this paper will choose the listed companies on the GEM as the research object,and discusses the regional differences in the implementation effect of the R&D expenses plus deduction policy through theoretical and empirical analysis.And comprehensive theoretical and empirical analysis of the conclusions,the current research and development costs plus deduction policy issues to propose corresponding improvement methods and policy recommendations.This paper first defines and elaborates related concepts such as R&D expenses plus deduction policy,enterprise R&D investment,regional innovation environment,and further studies the regional innovation environment to stimulate the effect of the policy on the basis of research and implementation of the R&D expenses.Heterogeneity difference.Secondly,after clarifying the relevant concepts,the corresponding theoretical analysis is carried out,which mainly includes the necessity of enterprise R&D and its deduction,and the mechanism of the deduction policy to increase the R&D investment of enterprises,as well as the deduction policy of R&D expenses.The historical evolution lays a theoretical foundation for the empirical analysis of the latter part,making the whole process of argumentation more complete and complete.Thirdly,this paper selects the panel data of the listed companies on the GEM in 2015-2017,and empirically tests the implementation effect of the deduction policy of R&D expenses through some statistical analysis methods,and drawsconclusions.The R&D expense plus deduction policy has a positive effect on the company’s R&D activities,but there are differences in the role of this policy in different regions.Finally,based on the conclusions drawn from the empirical analysis,the corresponding improvement methods and policy recommendations are proposed for the existing problems of the R&D expenses plus deduction policy.