In pursuit of technological innovation China's science and technology policies and financial and fiscal incentives

In pursuit of technological innovation China's science and technology policies and financial and... Purpose – This paper intends to examine the change of R&D fiscal policies in China since 1978 and its impact on China's drive to become an innovation‐oriented country. Design/methodology/approach – This paper adopts an archive approach and undertakes an overview of the policy changes and their implications. Findings – It is found that policy changes have gradually made enterprises the focal point of the national innovation system and that correspondingly a new financial and fiscal mechanism has been created to create incentives for innovation in firms. Originality/value – This paper provides a comprehensive overview of the changing financial and fiscal policies in support of technological innovation in China. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Small Business and Enterprise Development Emerald Publishing

In pursuit of technological innovation China's science and technology policies and financial and fiscal incentives

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
1462-6004
D.O.I.
10.1108/14626000810917889
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper intends to examine the change of R&D fiscal policies in China since 1978 and its impact on China's drive to become an innovation‐oriented country. Design/methodology/approach – This paper adopts an archive approach and undertakes an overview of the policy changes and their implications. Findings – It is found that policy changes have gradually made enterprises the focal point of the national innovation system and that correspondingly a new financial and fiscal mechanism has been created to create incentives for innovation in firms. Originality/value – This paper provides a comprehensive overview of the changing financial and fiscal policies in support of technological innovation in China.

Journal

Journal of Small Business and Enterprise DevelopmentEmerald Publishing

Published: Oct 24, 2008

Keywords: Sciences; Technology led strategy; Innovation; Research and development; Government policy; China

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