Showing 1 - 10 of 16
As part of the 2003-2004 budget, the finance minister announced the imposition of a moratorium on certain fiscal policies related to the REA. In the advent of the termination of the moratorium in the next budget (2005-2006), the goal of this study is to find certain alternatives which could be...
Persistent link: https://www.econbiz.de/10005100791
This paper proposes a model where firms invest in secrecy to limit technological spillovers accruing to their competitors, in addition to investing in cost-reducing R&D. The main result of the paper is that increases in spillovers increase secrecy, suggesting that legal and strategic protection...
Persistent link: https://www.econbiz.de/10005169003
reexamined the causality direction between R&D and patents, using data on contemporaneous and four-year lagged patent … of the count data for patent applications. We find that patents Granger-cause R&D in all specifications. One additional … patent increases R&D four years later by 7.5%. The reverse causality from R&D to patents vanishes as soon as we depart in one …
Persistent link: https://www.econbiz.de/10005100782
The aim of this study is to measure the cost of capital of the Canadian knowledge based firms in order to compare it with other Canadian firms' cost of capital. To determine which firms are based on knowledge, we use the research and development ratio. Estimations are achieved with several...
Persistent link: https://www.econbiz.de/10005100811
This paper looks at the effectiveness of R&D grants for Canadian plants that already benefit from R&D tax credits …
Persistent link: https://www.econbiz.de/10005100946
This paper addresses the question of whether R&D should be carried out by an independent research unit or be produced in-house by the firm marketing the innovation. We define two organizational structures. In an integrated structure, the firm that markets the innovation also carries out and...
Persistent link: https://www.econbiz.de/10005101033
This study examines the effectiveness of R&D tax incentives using an unbalanced panel of 434 Canadian firms. Not all firms in the sample are R&D performers. A B-index summarizing the various tax incentives for R&D is constructed for each firm, taking into account individual ceilings in the use...
Persistent link: https://www.econbiz.de/10005101042
This paper presents empirical evidence on the relationship between innovative efforts and performance on international markets for the specific case of small firms acting as specialized suppliers. In addition to tangible efforts such as R&D expenditures, intangible efforts are also considered....
Persistent link: https://www.econbiz.de/10005627168
The precompetitive R&D literature has viewed cooperative and noncooperative R&D as substitutes. In this paper a more realistic approach is taken, where both cooperative and noncooperative R&D are performed in parallel. In the first stage firms determine the optimal investments in both types of...
Persistent link: https://www.econbiz.de/10005627180
We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and usage are important drivers of innovation in both...
Persistent link: https://www.econbiz.de/10008568680