Research on the Relationship between Government Subsidies and Innovation Development of High-tech Enterprises Based on the Perspective of Life Cycle

Abstract

Based on the innovation-driven development strategy, it is of great signifi cance to stimulate the innovative development of
high-tech enterprises. In recent years, the state has strengthened the subsidies for the R&D investment of high-tech enterprises. Government
subsidies, as an important means of national macro-control, play a pivotal role in supporting the innovation and development of hig h-tech
enterprises, and eff ectively promote the innovation and development of high-tech enterprises. However, there are still some problems in
government subsidies at this stage, which need to be improved gradually. Based on the perspective of life cycle and theoretical analysis and
practical investigation, this paper deeply analyzes the impact of government subsidy policies on diff erent stages of the life cycle of high-tech
enterprises, explores the mechanism of government subsidy policies in promoting technological innovation of high-tech enterprises, and
fi nally puts forward suggestions for improving government subsidy policies based on the life cycle theory.