Tax Incentives, Digital Transformation and Enterprise Innovation: Micro Evidence from Listed Manufacturing Companies

Xiaoyu He; Bo Li

doi:10.54097/ijeh.v6i1.3059

Authors

Xiaoyu He
Bo Li

DOI:

https://doi.org/10.54097/ijeh.v6i1.3059

Keywords:

Tax Benefits, Digital transformation, Innovation of Enterprises, Manufacturing.

Abstract

Taking China's A-share manufacturing listed companies from 2013 to 2020 as samples, this paper discusses and tests the impact of tax incentives and digital transformation on enterprise innovation, and further explores the moderating effect of digital transformation on the relationship between tax incentives and enterprise innovation. The research results show that tax incentives play a significant positive role in promoting enterprise innovation, and digital transformation can effectively promote enterprise innovation and positively regulate the innovation incentive effect of tax incentive policies, indicating that enterprise digital transformation is conducive to the play of tax incentive policies, so that enterprise innovation can be better promoted and promoted. The results of heterogeneity test show that the promoting effect of tax incentives and digital transformation on enterprise innovation is more obvious in state-owned enterprises and non-high-tech enterprises, while the moderating effect of digital transformation on the incentive effect of tax incentives is more prominent in high-tech enterprises.

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