The Impact Of The R&D Expense Super-deduction Policy On The R&D Investment Of China’s Software And Information Technology Service Industry

The Fifth Plenary Session of the 19 th Central Committee of the Communist Party of China put innovation at an unprecedented height.We must consistently adhere to innovation and put innovation at the core.The realization of both the Outline of the14 th Five-Year Plan for National Economic and Social Development of the People’s Republic of China(hereinafter referred to as the 14 th Five-Year Plan)and the realization of the Second Centenary Goal cannot be achieved without innovation driving.Innovation is an important engine for economic development and a driver of social progress.Every progress of mankind cannot be achieved without innovation.In the early stage of reform and opening up,China implemented the factor driven development model,which was characterized by high energy consumption and did not have sustainable economic development.To solve this problem and achieve sustainable development,we must get rid of excessive dependence on material factors of production and turn to relying on intangible factors such as science,technology and knowledge.Through these factors,especially scientific and technological innovation,economic and social development can be driven.Software and information technology service(hereinafter referred to as software enterprise)is an important part of a new industry,and its technological innovation ability is directly related to a country’s technological innovation level.However,we are also at the historical intersection of information revolution and transformation and development,and software enterprises are facing serious competitive pressure.Only by constantly improving their independent development and innovation ability,and on the premise of owning core technologies,can software enterprises have core competitiveness,occupy a dominant position in domestic and foreign competition,and achieve leapfrog development.However,in the context of slowing economic growth,software enterprises’ R&D activities are faced with problems such as increasing R&D costs and risks,and insufficient R&D motivation.Moreover,the characteristics of enterprise R&D activities such as positive externality and high risk make the development of software enterprises’ R&D activities difficult.At this time,it is necessary for the government to play its dominant position in resource allocation,formulate and introduce a preferential tax system for software enterprises,in which research and development expenses are deducted,and indirectly increase the net profit of software enterprises through the way of making more expenditures before tax,so as to encourage software enterprises to increase their research and development activities in a disguised way.On this basis,this paper uses Stata software to determine whether the additional deduction policy has an incentive effect on the R&D input of software enterprises.The research results show that the additional deduction policy has a significant positive correlation with the R&D input of software enterprises.The higher the intensity of additional deduction,the higher the enthusiasm of software enterprises in R&D input.And the incentive effect is remarkable.The incentive effect of R&D expense addition deduction on R&D investment intensity of software enterprises in eastern and western regions is different,and the incentive effect on software enterprises in eastern region is more significant than that in western region.