In pursuit of technological innovation: China's science and technology policies and financial and fiscal incentives
Journal of Small Business and Enterprise Development
ISSN: 1462-6004
Article publication date: 24 October 2008
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.
Keywords
Citation
Ding, X., Li, J. and Wang, J. (2008), "In pursuit of technological innovation: China's science and technology policies and financial and fiscal incentives", Journal of Small Business and Enterprise Development, Vol. 15 No. 4, pp. 816-831. https://doi.org/10.1108/14626000810917889
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited