政府财税激励对企业开放式创新绩效的影响研究

Research on the Impact of Government Fiscal and Tax Policies on Enterprises’Open Innovation Performance

以2014-2018年信息技术行业的创业板上市公司为样本,研究财税政策对企业开放式创新绩效的影响效果及作用机制。结果发现:创新补贴与税收优惠均可以提升企业的开放式创新绩效。财税政策对企业开放式创新绩效的作用机制不同:事前创新补贴具有信号传递作用,通过增加企业的研发合作广度提升开放式创新绩效;事后税收优惠具有资源补充作用,通过激励企业加大研发投入提升开放式创新绩效。创新补贴对大规模企业开放式创新绩效的提升效果更好,小规模企业更适合税收优惠。进一步研究表明,财税政策对不同类型开放式创新绩效的提升效果存在差异,且财税政策之间存在协同效应。

Based on taking the GEM listed companies in the information technology industry from 2014 to 2018 as samples, this paper studies the effect and mechanism of fiscal and tax policies on the open innovation performance.Results show that, innovation subsidies and tax incentives can improve the open innovation performance of enterprises.Fiscal and tax policies have different mechanisms on the open innovation performance of enterprises: innovation subsidy has the function of signal transmission, which improves the open innovation performance by increasing the breadth of R&D cooperation.Tax incentives has the function of resource supplement, which improves the open innovation performance by encouraging enterprises to increase R&D investment.Innovation subsidies have a better effect on the open innovation performance of large-scale enterprises, and small-scale enterprises are more suitable for tax incentives.Further research shows that the promotion effect of fiscal and tax policies on different types of open innovation performance is different, and there is a synergistic effect between fiscal and tax policies.