Research on the Impact of Tax Incentives on the High-Quality Development of High-tech Enterprises
Abstract
economic strategy. Using data from listed companies and empirical econometric models, the research demonstrates that tax incentives significantly promote such development. A key finding is the presence of a non-linear, dual-threshold effect: the positive impact of tax incentives intensifies progressively as the policy's support strength increases, indicating that greater incentive intensity yields proportionally larger benefits.
Furthermore, the analysis reveals significant heterogeneity in policy effectiveness. The promotional effect is markedly stronger for non-stateowned enterprises compared to state-owned ones, suggesting differing capacities to utilize fiscal support. Regional disparities are also evident,
with enterprises in the more developed central and eastern regions benefiting more than those in western regions. At the industry level, technology-intensive sectors exhibit a more pronounced positive response to tax incentives than other high-tech fields. These findings underscore
the critical role of well-structured tax policies in driving innovation-led growth. They suggest that policymakers should consider implementing
tiered or intensity-based tax incentive schemes and tailor policies to account for enterprise ownership, regional context, and industry-specific
characteristics to maximize their effectiveness in fostering sustainable, high-quality development in the strategic high-tech sector.
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DOI: http://dx.doi.org/10.70711/frim.v4i3.8736
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