The Impact of Tax Incentives on Innovation EfficiencyIn ‎Agricultural Enterprises: A Study of A-Share Listed Companies

  • Authors

    • Zixin Liu Seoul School of Integrated Sciences & Technologies (aSSIST University), Seoul, South Korea
    https://doi.org/10.14419/abs80c75

    Received date: December 6, 2025

    Accepted date: December 30, 2025

    Published date: January 8, 2026

  • Tax Incentives; Innovation Efficiency; Agricultural Enterprises; A-Share Listed Companies; ‎Corporate Innovation

  • Abstract

    This study examines the impact of tax incentives on innovation efficiency using a longitudinal dataset ‎of A-share listed agricultural enterprises from 2015 to 2023. Employing a fixed-effects model, the ‎empirical results indicate a significant positive correlation between tax incentives and innovation ‎output. Specifically, a 1% increase in tax incentives correlates with a 0.15% increase in patent ‎applications. Heterogeneity analysis reveals that this effect is [stronger] in non-state-owned ‎enterprises and larger firms, suggesting that private entities are more responsive to fiscal levers. ‎Although government funding and direct subsidies are often debated in policy circles, the data ‎suggest that tax incentive mechanisms tend to have a stronger correlation with the promotion of ‎research and development activities, particularly in terms of moving innovations from the research ‎phase to practical market applications. Overall, while the econometric tests using fixed-effects ‎regression models indicate statistically significant relationships (with p-values consistently less than ‎‎0.05 for the key tax incentive coefficient), the outcomes are sensitive to firm-specific factors that ‎might simultaneously influence leverage and innovation capacity‎.

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  • How to Cite

    Liu, Z. . (2026). The Impact of Tax Incentives on Innovation EfficiencyIn ‎Agricultural Enterprises: A Study of A-Share Listed Companies. International Journal of Accounting and Economics Studies, 13(1), 47-55. https://doi.org/10.14419/abs80c75