id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-6010	Zhou, Lingxiao	Research on the Impact of Innovation Investment on the Enterprises Value of Chinese STAR Market	2023	9	.pdf	application/pdf	7322	294	42	The return of enterprise innovation investment can be divided into the following three aspects: First, Enterprises can carry out innovation activities through innovation investment and develop new production technologies and production methods that not only form their own resources but also help reduce their production costs, In the case that the original product is unable to obtain new growth points, Increase the profit acquisition margins, Obtain excess profits in the market for enterprises to further accumulate and develop capital to enhance enterprise value; next, When the current market is fully saturated or the market entry barriers are too high, Enterprises can get out of the current Red Sea market dilemma through new products into the blue ocean blank market to create new demand, This new product can be upgraded and refined with new product functions through new technology, It can also be to create new products for enterprises in the fiercely competitive market to find out the profit improvement caliber and then enhance the value of the enterprise; last, The state provides tax incentives for enterprises to invest in innovation, Allow companies to deduct another 75 percent of their r & d expenses on their tax returns, For the innovation investment that forms the capitalization of intangible assets and allows enterprises to amortize by 75%. At the same time, in order to promote the development of enterprise innovation, STAR board for a number of system innovation, including equity incentive system, and equity incentive compared with other incentive mechanism not only period is longer, also can make the incentive object share enterprise surplus value, can affect the enthusiasm of the incentive object innovation, thus affect the enterprise value.	cache/fbem-6010.pdf	txt/fbem-6010.txt