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Implementation strategy of MEI policy and SME innovation

A Chinese analysis

Bibliographic Data

ID15067787
AuthorsKai Zhao (0000-0002-2394-486X, Qingdao University, corresponding author), Jun-mei Ye (Huaqiao University)
Year2023
Volume36
Issue1
Publication date2023-03-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2022.2120036
OpenAlexW4295879651
LanguageEN
References cited51

How to unify various policy tools into the same econometric model framework has always been an important research issue. This paper clarifies the connotation of MEI policy's tool combination, scientifically identifies the actual impact of R&D subsidy tool, tax incentive tool, and their combination on SME innovation, and explores the best implementation strategy of MEI policy, by designing a reasonable and applicable policy identification framework. This paper confirms that R&D subsidy tool and tax incentive tool of MEI policy can form the obvious complementary effect in promoting substantive innovation of SMEs, but the mutually exclusive effect in promoting strategic innovation of SMEs. It is shown that the single tax incentive is the best implementation strategy of MEI policy to stimulate innovation for SMEs located in the central region, and the policy tool combination strategy is the best implementation scheme of MEI policy for SMEs located in the western region

Business · Connotation · Economics · Incentive · Industrial organization · Market economy · Microeconomics · Public economics · Subsidy · Tax policy · Tax reform · Energy, Environment, Economic Growth · Firm Innovation and Growth · Innovation Policy and RD

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