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Exploring the Relationship Between Fiscal Policy and the Technological Innovation Ability of New Energy Enterprises
- 1 Institute of Finance and Taxation, Capital University of Economics and Business, Beijing, China
* Author to whom correspondence should be addressed.
Abstract
Faced with unprecedented changes, the emergent energy sector has evolved the new high ground of international competition, among which the development of the new energy vehicle industry is particularly crucial and of great significance to the global energy transformation. To strengthen the role of fiscal policy in promoting innovation in new energy technologies, this article has introduced a sequence of fiscal policies to promote the development of high-tech, while using tax incentives and subsidies to guide new energy enterprises to increase their research and development efforts and achieve technological innovation. This article takes the strategic emerging industry represented by the new energy vehicle industry as an example, analyzes the role and constraint mechanism of fiscal policy on enterprise innovation, explores how fiscal policy affects the technological innovation capability of new energy enterprises, and analyzes the differentiated impact of fiscal policy on different new energy enterprises. Finally, this article proposes strategic recommendations for coordinating fiscal policies to promote innovation in strategic emerging industry enterprises, which has practical significance for the development of China's strategic emerging industries
Keywords
Fiscal policy, new energy vehicles, innovation ability, tax subsidies
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Cite this article
Shi,Y. (2025).Exploring the Relationship Between Fiscal Policy and the Technological Innovation Ability of New Energy Enterprises.Advances in Economics, Management and Political Sciences,161,45-50.
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Volume title: Proceedings of the 4th International Conference on Business and Policy Studies
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