Research on the Evolution, Evaluation, and Optimization of the R&D After-Subsidy Policy in Wenzhou

Abstract

This study analyzes Wenzhou’s R&D after-subsidy policy through a three-dimensional analytical framework—"Policy Evolution, Implementation Evaluation, and Countermeasure Optimization." It systematically outlines the development trajectory, incentive mechanisms, and supervisory measures of the policy from 2018 to 2025. The findings indicate that the policy initially relied primarily on pre-tax additional deduction subsidies, transitioned into a deepening phase characterized by differentiated incentives, and later evolved into a refined stage employing a segmented "existing-increment" subsidy approach. These progressive measures have gradually enhanced enterprise R&D investments, the commercialization of technological achievements, and overall market competitiveness. However, despite a significant increase in the number of high-tech enterprises and R&D expenditures, challenges remain regarding the precision of incentive targeting, the stability of fund disbursement, and the comprehensiveness of full-process supervision. Based on these insights, the study proposes countermeasures, such as establishing a multi-layered incentive system, improving information-based supervision, and implementing dynamic evaluation mechanisms. These recommendations aim to provide both theoretical foundations and practical guidance for optimizing regional R&D subsidy policies, thereby supporting high-quality, innovation-driven regional development.