| Manufacturing industry is the performance of a country’s productivity level,and it is one of the key criteria to distinguish developed and developing countries.As the heart of manufacturing industry,equipment manufacturing industry is the lifeline of the national economy.Under the new economic tide,all countries in the world have realized the "hematopoietic function" of the equipment manufacturing industry to the national economy,and have introduced a series of measures to encourage the development of the equipment manufacturing industry.Under the influence of the international background,China also focuses on the technological innovation of the equipment manufacturing industry.General secretary Xi Jinping pointed out that "the equipment manufacturing industry is the backbone of the manufacturing industry,so we must increase investment,strengthen research and development,strive to occupy the world’s commanding heights and control the technological voice,so as to make China a big and powerful country in modern equipment manufacturing".At present,China’s equipment manufacturing industry as a whole is "big but not strong",the output efficiency of technological innovation is low,and the core technology is dependent on others.Therefore,it is the development goal of China’s equipment manufacturing industry to improve the level of technological innovation and achieve transformation and upgrading.In order to improve the technological innovation level of the equipment manufacturing industry,encourage enterprises to develop into high-end equipment manufacturing,and realize the transformation of the global industrial chain from the middle and low end to the high end,China has summarized the industrial development experience of developed countries and introduced a series of supporting policies.Among them,the tax policy has played a huge role,the most important one is the policy of Tax Deduction of Research and Development Expenses,which can effectively correct the externality of technological innovation,and is recognized as the most favorable tool to stimulate the technological innovation of enterprises.In recent years,the policy of Tax Deduction of Research and Development Expenses has also achieved remarkable results.In 2017,China’s industrial enterprises above a certain scale enjoyed the policy of Tax Deduction of Research and Development Expenses,amounting to 24,400,and the amount of Tax Deduction of Research and Development Expenses reached 57 billion yuan.Then can the policy of Tax Deduction of Research and Development Expenses have a full impact on the technological innovation of equipment manufacturing enterprises?In this regard,this paper firstly analyzes the basic theory,including the definition of relevant concepts and the necessity of supporting the technological innovation of equipment manufacturing enterprises with the policy of Tax Deduction of Research and Development Expenses,which provides theoretical reference for the empirical analysis in the following paper.Second,claim additional deduction r&d policy with era pace,in constant development,adjustment phase,the file is much and scattered,therefore in this paper,the Chinese claim the police of Tax Deduction of Research and Development Expenses status made a comb,and combined with the usage of foreign policy,summarizes the characteristics of current policies in China,provide the basis for later policy perfect advice.Again,this article selects listed equipment manufacturing enterprises in northeast China from 2016 to 2018 as research samples,at the same time two angles,based on r&d investment and output of technological innovation in equipment manufacturing enterprise evaluation index can be divided into research and development investment scale,the strength of r&d,r&d output scale and intensity of r&d output four dimensional index,expect more scientific evaluation claim the police of Tax Deduction of Research and Development Expenses impact on equipment manufacturing enterprise technology innovation.The empirical analysis results show that the policy of Tax Deduction of Research and Development Expenses can significantly stimulate the equipment manufacturing enterprises to increase the r&d investment scale and intensity,and can significantly stimulate the equipment manufacturing enterprises to increase the r&d output scale,but cannot significantly stimulate the r&d output intensity.This paper analyzes the problems found in the theoretical and empirical process and puts forward Suggestions from the policy and enterprise levels.It is hoped that the policy of Tax Deduction of Research and Development Expenses can give full play to the technical innovation of equipment manufacturing enterprises. |
