R&D Incentive Policy and Upgrading of Enterprise Human Capital Structure

DOI

10.2991/978-94-6463-368-9_36How to use a DOI?

Keywords

policy of additional deduction for R&D expense; upgrading of human capital structure; pharmaceutical industry; tax incentives

Abstract

Skilled personnel are an important part of enterprise human capital, and also a key resource for enterprises to carry out R&D and innovation activities. This paper takes the policy of additional deduction for R&D expenses as the entry point, uses the data of A-share pharmaceutical manufacturing enterprises from 2016 to 2021, and empirically tests the impact of tax incentive policies on the upgrading of enterprise human capital structure through the fixed effect model. The study found that the additional tax deduction for R&D expenses increased the demand of enterprises for R&D personnel by easing the financing constraints of enterprises, and promoted the upgrading of the human capital structure of enterprises. According to the research results, this paper puts forward relevant suggestions such as refining and expanding the preferential scope and strengthening skills education.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Meitong Liu
PY  - 2024
DA  - 2024/02/14
TI  - R&D Incentive Policy and Upgrading of Enterprise Human Capital Structure
BT  - Proceedings of the 2023 5th International Conference on Economic Management and Cultural Industry (ICEMCI 2023)
PB  - Atlantis Press
SP  - 312
EP  - 319
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-368-9_36
DO  - 10.2991/978-94-6463-368-9_36
ID  - Liu2024
ER  -