Title: Impact of Local Government Behavior on Technological Innovation of Start-up Enterprises——Dual Perspectives of Technological Innovation Resource Allocation and Innovation Outputs
Abstract:In the context of economy transition with the characteristic of market segmentation in China,local government has both incentives and capability to apply government subsidy and preferential income tax...In the context of economy transition with the characteristic of market segmentation in China,local government has both incentives and capability to apply government subsidy and preferential income tax to support technological innovation of local start-ups. Focusing on start-ups,it empirically studies the effect of government subsidies and preferential income tax on technological innovation of local start-ups from the dual perspectives of technological innovation resource allocation and innovation outputs,and explores the complex relationship between local government behavior and the technological innovation of start-ups. The result indicates that local government subsidies are positively related to RD inputs and the inputs of human resources,and supports the hypothesis of incentive effects of local government.The result also shows that applicable tax rate and effective tax rate are negatively related to technological innovation resources allocation and innovation outputs for start-ups,and confirms that preferential income tax provided by local government can promote technological innovation of start-ups,and local government behavior has a time-lagged effect on technological innovation of start-ups.Read More
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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Cited By Count: 3
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