Research On The Impact Of Income Tax Incentives On Innovation Output Of New Energy Vehicle Enterprises

In recent years,the rapid growth of our economy has put tremendous strain on our resources and environment,which poses a serious obstacle to achieving green and sustainable development.The robust development of new energy vehicle enterprises holds great significance in promoting ecological prioritization,green and low-carbon development,and actively responding to global climate change governance.However,the development status of Chinese new energy automobile enterprises lags far behind that of developed countries.Enhancing their innovation capacity is crucial to promoting their development.Thus,studying the impact of income tax preferential policies on the innovation capacity of new energy automobile enterprises holds practical significance.This paper primarily employs a combination of literature research and empirical research methods,with a focus on literature review and basic theory.Taking into account the current state of the new energy automobile industry,the paper explores the impact of income tax preferential policies on the innovation output of new energy automobile enterprises,with R&D investment serving as the intermediary variable.Through empirical research,the paper delves into the mechanism of the intermediary effect.Furthermore,the paper takes into consideration the heterogeneity of new energy automobile enterprises of different sizes.The research findings reveal that income tax incentives have the potential to enhance the level of R&D input and innovation output of new energy vehicle enterprises,indirectly promoting the level of innovation output through their impact on the intermediary variable of R&D investment.Additionally,there is tax policy heterogeneity among enterprises of different sizes.Based on these conclusions,the paper presents targeted policy recommendations aimed at improving the efficiency of innovative research and development in the new energy vehicle industry.These recommendations include enhancing the implementation efficiency of income tax incentives,increasing the conversion rate of research and development investment,and intensifying income tax incentives.