科研管理 ›› 2017, Vol. 38 ›› Issue (6): 135-143.

• 论文 • 上一篇    下一篇

税收优惠与研发投入——产权性质调节与成本粘性的中介作用

胡华夏,洪荭,肖露璐,刘雯   

  1. 武汉理工大学管理学院,湖北 武汉430070
  • 收稿日期:2017-02-22 修回日期:2017-05-18 出版日期:2017-06-20 发布日期:2017-06-19
  • 通讯作者: 胡华夏
  • 基金资助:

    湖北省自然科学基金(项目名称:突破价值链锁定的中国制造业企业成本战略研究;批准号:2015CKB746;起止时间:2015.2-2017.2)。

Tax preference and R&D investment: Moderation of property right nature and the mediating role of cost stickiness

Hu Huaxia, Hong Hong, Xiao Lulu,Liu Wen   

  1. School of Management, Wuhan University of Technology, Wuhan 430070, Hubei, China
  • Received:2017-02-22 Revised:2017-05-18 Online:2017-06-20 Published:2017-06-19

摘要: 摘要:政府的辅助之手,能否通过税收优惠完善资源综合利用和引导创新资源投入?本文基于新增长理论和资源基础理论,以我国2008-2015年A股上市公司为样本,以产权性质为调节变量,成本粘性为中介变量,通过考察实际税率对企业研发投入和成本粘性的影响,揭示了税收优惠的资源配置效应。研究发现:税收优惠对企业研发投入有积极影响;成本粘性有助于企业研发投入的提升,对上述关系具有部分中介作用;产权性质通过成本粘性对这一关系起调节作用。这一结果为税收优惠的资源配置效应研究提供一定理论素材与有益参考。

关键词: 研发投入, 税收优惠, 成本粘性, 产权性质

Abstract: Abstract:Is it possible for the visible hand of government to improve the comprehensive utilization of resources and guide the innovation of resource input through tax incentives? Based on the new growth theory and resource-based theory, this paper takes the A-share listed companies in China from 2008 to 2015 as the sample, by examining the impact of the actual tax rate on R & D investment and cost stickiness, revealing the resource allocation effect of tax preference, taking the ownership property as moderator and cost stickiness as mediating variables. It finds that tax preference has a positive effect on R & D investment. Cost stickiness contributes to enhancing the R & D investment, which mediates on the relationship. The ownership property moderates this relationship through cost stickiness. This result provides a theoretical basis and useful reference for the study of resource allocation effect of tax preference.

Key words: R &, D investment, tax preference, cost stickiness, property right nature