Academic Journal of Business & Management, 2026, 8(2); doi: 10.25236/AJBM.2026.080204.
Guo Jia1
1Business School, University of Shanghai for Science and Technology, Shanghai, China
The world is currently undergoing a once-in-a-century transformation, with technological innovation emerging as a crucial driver of economic growth. The process of transforming scientific and technological achievements is characterized by high risks, substantial investments, and information asymmetry. Market mechanisms alone are insufficient to effectively propel this transformation, necessitating government intervention and incentives through fiscal and tax policies. As a vital tool for government economic regulation and innovation guidance, fiscal and tax policies play a pivotal role in the commercialization of scientific and technological achievements. Existing research indicates that these policies primarily influence the efficiency and scale of technology transfer by reducing corporate R&D costs, sharing commercialization risks, optimizing the innovation environment, and guiding resource allocation. The effects of fiscal and tax policies are multidimensional, offering positive promotion while potentially presenting latent challenges and efficiency issues.
Fiscal and Tax Policies, Commercialization of Scientific and Technological Achievements, Technology Transfer, Innovation Policy, Market Failure
Guo Jia. Study on the Impact of Fiscal and Tax Policies on the Commercialization of Scientific and Technological Achievements. Academic Journal of Business & Management (2026), Vol. 8, Issue 2: 32-36. https://doi.org/10.25236/AJBM.2026.080204.
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