产业政策是否促进了企业创新——基于十大产业振兴规划的准实验

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Abstract In recent years, how to effectively enhance corporate innovation to promote high-quality economic development has become the focus of society in all sectors.By taking the introduction of China's top ten industrial revitalization plans as a natural experiment, we use the difference in difference method to study the impact and mechanism of industrial policies on corporate innovation.We found that industrial policy has significantly enhanced enterprises innovation with a tendency toward gradual growth.Through heterogeneity analysis, we conclude that industrial policy has stronger effects on private enterprise, enterprises with strong intervention by the local government and non-high-tech enterprise.The mechanism test shows that the industrial policy promotes the technological innovation of enterprises, especially the private enterprises, through the taxation mechanisms, government subsidies mechanisms and market competition mechanisms.

Key words： Industrial policy Corporate innovation Quasi-experiment Revitalization plan of ten industries

Received: 08 October 2022

PACS:

F062.9

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	Chen Yian
	Xiao Min
	Li Guiping

Cite this article:

Chen Yian,Xiao Min,Li Guiping. Does Industrial Policy Promote Corporate Innovation ——Quasi Experiments from Ten Major Industrial Revitalization Plans[J]. , 2023, 4(9): 80-90.

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http://www.zgkjlt.org.cn/EN/ OR http://www.zgkjlt.org.cn/EN/Y2023/V4/I9/80

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