, progressive taxation as well as investment and output subsidies to the entrepreneurial sector. …

on the user cost of capital. Moreover, tax reform as well as tax financed R&D subsidies can enhance aggregate investment …This survey of recent research in corporate finance discusses how business taxes, subsidies as well as a country … profit taxes reduce investment of constrained firms by their effect on cash-flow, and of unconstrained firms by their effect …

income taxes as well as capital gains taxes and start-up capital subsidies on the volume and quality of venture capital …

with start-up capital subsidies affect the volume and quality of venture capital backed entrepreneurship. …

, and progressive taxation, as well as investment and output subsidies to the entrepreneurial sector. …

Credit constraints are more frequent among growth companies with large investment opportunities. For the same reason …: (i) R&D subsidies not only encourage innovation but also relax finance constraints and help innovative firms to exploit … investment opportunities to a larger extent. (ii) Taxes which are neutral in a neoclassical world, still restrict expansion …

demonstrates the neutrality properties of the reform with respect to investment, firm financial decisions and organizational choice …. Tax rates are chosen to prevent income shifting from labor to capital income. The reform decisively strengthens investment …

for Germany indicate that this transition policy induces strong investment driven growth and yields a 7% gain in GDP per …