Institute of Business and Management
|關鍵字:||產業創新;研發;人才培訓;經營績效;Industrial Innovation Policy;R & D;Personnel Training;Performance|
The industrial innovation policy of the government could have an impact on the allocation of public sector resources, whereas enterprise R & D incentives and personnel training could reduce investment costs or apportion the invested funding of enterprises, and induce the willingness of enterprises to make investments. Incentives for R & D and personnel training in turn could increase enterprise R & D capability; improve the professional knowledge, abilities, and experience of personnel; facilitate the enterprise in the accumulation of intellectual capital; promote company performance; and strengthen the competitiveness of the industry and the nation. However, the moderating effect of government industrial innovation policy on enterprise performance has been neglected in past studies. To compensate for the inadequacy of the literature in this regard, we conduct a questionnaire survey of 1,467 TSE/OTC listed companies and conduct regression analysis of the moderating effect of government industrial innovation policy, to validate its impact on company R & D, personnel training, and performance. The results of this study indicate that except for the R & D investment tax credit, all other R & D incentives have a significant moderating effect on financial and non-financial performance. In addition, the moderating effect of tax incentives on enterprise personnel training and performance is insignificant, and the moderating effect of non-tax incentives is significant only in large enterprises. Therefore, enterprises are suggested to take advantage of government industrial innovation policy and continue with R & D and personnel training; it is also suggested that the government specifically define the scope of R & D, include R & D incremental tax credits, and preserve the accelerated depreciation of tax incentives. Additionally, the government is suggested to continue with project grants and financial concessions, simplify the application procedure for incentives, establish an impartial and objective examination mechanism, and should provide counseling strategies adequate to different levels of small- and medium-sized enterprises to achieve policy effectiveness.
Journal of Management and Systems