Tax Incentives and Corporate Innovation Efficiency: A Moderated Mediating Effect Model

DOI

10.2991/978-94-6463-042-8_151How to use a DOI?

Keywords

component; Tax incentives; innovation efficiency; R&D investment; nature of property rights

Abstract

In the context of innovation-driven development strategy, science and technology innovation contributes to the improvement of enterprise productivity and comprehensive capability, and enterprise innovation is mainly realized through their R&D activities. Based on the strategic direction of science and technology innovation and industrial development, strategic emerging industries with long-term development and growth potential are highly valued. Using panel data of listed companies in strategic emerging industries in China from 2013 to 2019, a theoretical model is constructed using resource-based theory to test the mechanism of the effect of tax incentives on innovation efficiency. The relationship between tax incentives and innovation efficiency is analyzed by incorporating R&D investment and property rights nature into the study. It is found that tax incentives positively affect the innovation efficiency of enterprises and R&D investment has a mediating role, while the nature of state-owned enterprises plays a negative moderating role. Finally, the theoretical analysis and research findings are relied on to propose suggestions for improving the innovation efficiency of strategic emerging industries, which provide references for the improvement of innovation efficiency of strategic emerging industries.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zhenhong Xiao
AU  - Zhenyu Zhao
PY  - 2022
DA  - 2022/12/29
TI  - Tax Incentives and Corporate Innovation Efficiency: A Moderated Mediating Effect Model
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 1057
EP  - 1063
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_151
DO  - 10.2991/978-94-6463-042-8_151
ID  - Xiao2022
ER  -