Research Article
Research on the Influence of R&D Expenses Super Deduction Policy on Enterprise Performance
@INPROCEEDINGS{10.4108/eai.19-5-2023.2334236, author={Dong Yue}, title={Research on the Influence of R\&D Expenses Super Deduction Policy on Enterprise Performance }, proceedings={Proceedings of the 2nd International Conference on Bigdata Blockchain and Economy Management, ICBBEM 2023, May 19--21, 2023, Hangzhou, China}, publisher={EAI}, proceedings_a={ICBBEM}, year={2023}, month={7}, keywords={tax incentives r\&d expenses super deduction policy enterprise performance psm-did model}, doi={10.4108/eai.19-5-2023.2334236} }- Dong Yue
Year: 2023
Research on the Influence of R&D Expenses Super Deduction Policy on Enterprise Performance
ICBBEM
EAI
DOI: 10.4108/eai.19-5-2023.2334236
Abstract
The original intention of the R&D Expenses Super Deduction Policy is to promote the transformation of economic growth mode and the improvement of economic benefits of enterprises. Most of the existing research focuses on R&D investment and innovation of enterprises, ignoring the promotion effect of this policy on enterprise performance. This paper uses the data of A-share listed companies from 2013 to 2018 as a sample, and uses the PSM-DID method to study the influence of the R&D expense super deduction policy on enterprise performance. The results show that the R&D Expenses Super Deduction Policy can effectively promote the improvement of enterprise performance, and the effect of the policy shows obvious differences due to the differences in the life cycle of enterprises and the degree of regional marketization; The research conclusion of this paper provides empirical evidence on how the R&D expense super deduction policy affects enterprise performance, and also provides a useful reference for the further optimization of the R&D expense super deduction policy.
