The Impact Of Tax Preferential Policies On The Innovation Activities Of High-tech Enterprises

Science and technology innovation is an important force in leading the development of nations and peoples,and is the key to improving a nation’s comprehensive national power.In recent years,as the level of science and technology continues to rise worldwide and competition becomes increasingly fierce,countries have formulated policies to encourage their enterprises to conduct technological research and development in order to promote industrial structure upgrading.High-tech enterprises are the backbone of China’s rapid development at this stage,and their good development is closely related to the enhancement of China’s scientific and technological competitiveness,so they are also the main target of government incentives for innovation.In this context,tax incentives have become one of the effective means to promote the innovative development of high-tech enterprises.Among them,the various types of tax incentives vary greatly,and there is a mutual complementary relationship between the policies.In order to better enhance the innovation momentum of enterprises,academics have conducted multi-level research on tax incentives and innovation of high-tech enterprises,but there is a lack of case supplementation.Based on the analysis of the development of high-tech enterprises and related tax incentives in China,this paper selects classic cases and uses a combination of horizontal and vertical analysis to explore the role of tax incentives in the innovation activities of high-tech enterprises.Through relevant theoretical research,this paper selects KK as a high-tech case enterprise for analysis,and elaborates on the tax preferences of KK,specifically from three aspects of R&D input,innovation output and economic benefits,and analyses the impact of tax preferences on KK’s innovation activities through industry comparisons and pre-and post-policy situation comparisons.The study founds that the implementation of tax incentives is beneficial to the innovation of hightech enterprises;however,the policy effects of tax incentives are varied and affected by the enterprises’ own characteristics and the external environment;and the structure of the current tax incentives has different degrees of influence on the various aspects of innovation of high-tech enterprises.On this basis,countermeasures are proposed.The government proposed: improving the tax preference system for high-tech enterprises;increasing the tax preference for scientific and technological talents;strengthening the control of policy implementation.From the enterprise level,it is proposed that: strengthening the cooperation between schools and enterprises to promote the rapid transformation of achievements;paying attention to the cultivation of talents to improve the ability of independent innovation;improving the awareness of innovation initiatives to consolidate the core competitive position.