The Effects of Fiscal Incentives and Public Subsidies on Private R & D Investment.

This paper analyzes the effects of fiscal incentives and public R&D subsidies on the level of R&D investment. The econometric model of R&D investment is estimated using an unbalanced panel sample of Spanish manufacturing firms in the period 1991-1999. Our results provide evidence that fiscal incentives are effective in increasing R&D investment, especially in SME, while R&D subsidies have a small positive effect on company financed R&D expenditure, with no crowding out of private funds.

MoreLess

Year of publication:	2008
Authors:	Domínguez, Angeles Marra
Published in:	Hacienda Pública Española. - Instituto de Estudios Fiscales. - 2008, 1, p. 35-66
Publisher:	Instituto de Estudios Fiscales
Subject:	R&D activities \| fiscal incentives \| public subsidies \| SME

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Language:	Spanish
Classification:	O31 - Innovation and Invention: Processes and Incentives ; O32 - Management of Technological Innovation and R&D ; H25 - Business Taxes and Subsidies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005418992