Abstract:In this paper, we use the propensity score matching method to study the actual effect of the enterprise entering into the high-tech zone from the micro perspective. The results show that: (1) After controling the selective bias of the sample, it is found that the enterprise which enter into the high-tech zone can effectively improve its own innovation performance, (2) Compared with the provincial high-tech zones, the effect of the enterprise which enter into the state-level high-tech zones is more obvious ; (3) the impact of the high-tech zone policy on enterprise innovation has obvious heterogeneity.Specifically, the initial, small-scale, private eastern enterprises benefit most from entering high-tech zone.