How Does Shortening Approval Procedures and Decentralizing Powers Affect Enterprise's Innovation?
Whether shortening approval procedures and decentralizing powers(简政放权 jian zheng fang quan)can unleash growth dividends is a major concern for the entire society.Based on the policy implications of jian zheng fang quan and the statistical semantics approach of Chinese political discourse,this study focuses on central government meeting announcements as the text for analysis.Indicators of jian zheng fang quan are constructed using crawler analysis techniques to investigate whether jian zheng fang quan has a significant impact on promoting enterprise innovation.The study finds that first the government's policy of jian zheng fang quan can promote the scale of R&D funding and patent output of enterprises,confirming the general effectiveness of the policy.However,at the same time,procedures of jian zheng fang quan may not effectively encourage the investment of human capital in innovation,and environmental guidance policies may not effectively promote the quality of enterprise patents.This indicates that at the policy supply level,the emphasis on physical capital over human capital and scale over quality still exists.Secondly,jian zheng fang quan can be effectively implemented by local governments,leading to significant improvements in the business environment and ultimately fostering enterprise innovation.Third,the limited authority to allocate policy resources and participate in policy issues weakens the innovation promotion effect of jian zheng fang quan on firms registered in ordinary prefecture-level cities and municipal state-owned enterprises.The study has important policy implications.Firstly,it suggests that jian zheng fang quan policy should be promoted.The simplified procedure policy should be based on the characteristics and work practices of technical talents in enterprises and should encourage enterprises to attract more innovative talents by decentralizing their employment,assessment,and title evaluation rights.The environmental guidance policy should align more closely with market forces,promote the development of innovative projects with significant practical and social value,and enhance the quality of corporate innovation.The policy of reducing the burden should be continued to create more opportunities for tax and fee reductions that meet the needs of enterprises engaged in scientific research.It can help to enhance the internal motivation of enterprises to innovate.Second,the implementation of jian zheng fang quan policy should be regularly monitored to ensure that local governments do not hinder the central government's policies and that enterprise innovation is fostered by improving the business environment in which enterprises operate.Third,in the subsequent phase of jian zheng fang quan policy,greater consideration should be given to the perspectives of regular enterprises and municipal state-owned enterprises registered in prefectural-level cities.They should be provided with more policy resources and opportunities to participate in policy formulation,assisting them in addressing their deficiencies and fostering enterprise innovation.The study's innovation lies in several aspects.Firstly,it expands the research on the economic consequences of jian zheng fang quan.Secondly,it originally utilizes text analysis to uncover three distinct policy connotations:environmental guidance,burden alleviation,and procedural improvement.These findings can serve as a reference for targeted improvements in policy promotion planning.Secondly,it enhances the research aspect of enterprise innovation by utilizing indicators such as the scale of R&D expenditure,the number of R&D personnel,the scale of patent output,and the breadth of patent knowledge to demonstrate the innovation input and output of enterprises.This aims to enhance the validity and applicability of existing research findings.Thirdly,the study on the transmission mechanism of jian zheng fang quan has been further developed.The findings of this paper confirm that local governments can effectively implement the central government's policies and promote enterprise innovation by enhancing the business environment for enterprises.The higher the administrative level of an enterprise or the city in which it is located,the greater the authority to allocate policy resources and participate in policy issues,leading to a more significant impact on promoting innovation.
Shortening approval procedures and decentralizing powersEnterprise innovationCentral governmentText analysis
万方数据
维普
