On the morning of October 11th, at the invitation of the School of Management, Professor Zhu Jigao from the University of International Business and Economics held an academic exchange with the faculty and students of the School at the 214 Lecture Hall in the College Building on the Chang'an Campus. He delivered an academic lecture titled "The Spillover Effect of Innovation Cost Sharing: A Study on the Impact of the Additional Deduction Policy for R&D Expenses on Labor Income Share". The lecture was hosted by Associate Professor Tian Haowen from the School of Management, and was jointly attended by the faculty and students of the School.

Based on the data of R&D additional deduction tax credits from listed companies on the Shanghai and Shenzhen A-share markets from 2014 to 2023, Professor Zhu Jigao conducted an in-depth analysis of the spillover effects generated by the sharing of innovation costs at the micro-enterprise level, with a focus on exploring how the R&D additional deduction policy affects the labor income share of enterprises. His research found that the R&D additional deduction policy significantly promotes the increase of labor income share by sharing the innovation costs of enterprises, and this effect is more prominent in non-state-owned enterprises and enterprises with higher technology intensity. He pointed out that this finding provides important theoretical references and practical insights for optimizing the income distribution policy system and promoting the construction of enterprise talent teams in the context of a new round of technological revolution and the development of new productive forces.

At the end of the lecture, Professor Zhu Jigao engaged in in-depth discussions with the present teachers and students on research design, policy effects, and future research directions, creating a lively atmosphere.

Introduction to the presenter:

Zhu Jigao, Vice Dean, Professor, and Doctoral Supervisor of the International Business School at the University of International Business and Economics, has been selected as a leading talent in philosophy and social sciences under the National High-level Talent Special Support Program and as a national high-end accounting talent (academic category) by the Ministry of Finance. He has led multiple national-level projects, including major projects funded by the National Social Science Fund, general projects funded by the National Natural Science Foundation of China, and youth projects. His main research areas include corporate governance of commercial banks, corporate finance, the Belt and Road Initiative, and corporate investment and financing. He has published over 40 papers in important domestic and international journals such as Economic Research, Management World, and Review of Accounting Studies. He has won several provincial and ministerial-level teaching and scientific research awards, including the Second Prize of the Excellent Achievements Award for Scientific Research in Higher Education Institutions (Humanities and Social Sciences) by the Ministry of Education, the Second Prize of the Excellent Achievements Award for Philosophy and Social Sciences in Beijing, and the Second Prize of the 2021 Beijing Higher Education Teaching Achievements Award.

(Written by/Zhi Hui Li, Reviewed by/Jia Ming)