摘要
基于2011~2019年沪深A股上市公司数据,以企业创新为切入点,实证研究税收优惠对企业创新的影响。结果表明:税收优惠能够明显增加企业的创新活动,提升企业创新水平,且这种正向促进作用对国有和非国有企业来说均显著;企业受到的外部融资约束会削弱税收优惠对企业创新的激励作用,这种抑制效应在国有企业中更明显。因此,我国应加大税收优惠政策的扶持力度与精准度,推进我国企业创新水平继续提升;企业要主动、实时关注国家税收政策,充分利用税收优惠带来的资源优势促进企业创新;同时要注重解决自身面临的融资约束问题,以便最大限度地发挥税收优惠对企业创新的激励作用;国有企业可以通过改变自身现状提高与税收优惠政策的适配度,以充分激发企业创新的活力。
The tax preference can significantly increase enterprise innovation activities and improve the level of enterprise innovation,and the positive promoting effect is significant for both state-owned and non-state-owned enterprises. The external financing constraints of enterprises will weaken the incentive effect of tax preference on enterprise innovation,which is more significant in state-owned enterprises. Suggestions are put forward:Government should increase the support and precision of preferential tax policies to promote the continuous improvement of Chinese enterprises′ innovation level;Enterprises should take the initiative and pay close attention to national tax policies in real time,and make full use of the resource advantages brought by tax preference to promote enterprise innovation. At the same time,we should pay attention to solving the problem of financing constraints,so as to maximize the incentive effect of tax preference on enterprise innovation. State-owned enterprises can improve their adaptability to preferential tax policies by changing their current situation and fully stimulate their innovation vitality.
作者
贾洪文
程星
JIA Hong-wen;CHENG Xing(School of Economics,Lanzhou University,Lanzhou 730000,China)
出处
《税务与经济》
CSSCI
北大核心
2022年第4期10-18,共9页
Taxation and Economy
基金
甘肃省哲学社会科学规划项目(19YB046)。
关键词
税收优惠
融资约束
企业现金流
企业创新
产权性质
tax preference
financing constraints
enterprise cash flow
enterprise innovation
property right nature
