Corchuelo, Beatriz; Martinez-Ros, Ester - Departamento de Economía de la Empresa, Universidad … - 2009
This paper explores the effect of fiscal incentives for R&D on innovation. Spain is considered one of the most generous countries in the OECD in fiscal treatment of R&D, yet our data reveal that tax incentives are little known and, especially, seldom used by firms. Restricting our empirical...