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Market failures and the additionality effects of public support to private R&D: Theory and empirical implications
Takalo, Tuomas; Tanayama, Tanja; Toivanen, Otto - In: International Journal of Industrial Organization 31 (2013) 5, pp. 634-642
conditions for the existence of additionality. It turns out that additionality at the intensive margin is less likely with higher … spillovers. Our results suggest that the relationship between additionality and welfare may not be straightforward. …
Persistent link: https://www.econbiz.de/10010730055
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Tax incentives and direct support for R&D : what do firms use and why?
Busom, Isabel; Corchuelo, Beatriz; Martínez-Ros, Ester - Instituto sobre Desarrollo Empresarial (INDEM), … - 2011
The measurement of the effects that public support to private R&D has on R&D investment and output has attracted substantial empirical research in the last decade. The focus of this research has mostly focused on testing for possible crowding out effects. There is virtually no study aiming at...
Persistent link: https://www.econbiz.de/10009364548
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Multi-level innovation policy in southern EU countries.An additionality evaluation of the Italian and Spanish public interventions
Marzucchi, Alberto - Dipartimento di Economia e Management, Università … - 2011
disentangle the different types of additionality impacts on firms’ innovation process. In particular input, output and … behavioural additionality are considered. The results, obtained through a propensity score matching estimation of the average … policies increase R&D investment. As for output additionality, whereas Spanish regional and national policies enhance the …
Persistent link: https://www.econbiz.de/10009350659
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Does the Technological Content of Government Demand Matter for Private R&D? Evidence from US States
Slavtchev, Viktor; Wiederhold, S. - Institut für Wirtschaftsforschung Halle (IWH) - 2014
Governments purchase everything from airplanes to zucchini. This paper investigates the role of the technological content of government procurement in innovation. We theoretically show that a shift in the composition of public purchases toward high-tech products translates into higher...
Persistent link: https://www.econbiz.de/10010951633
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Measuring the Effectiveness of R&D Tax Credits in the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University, Maastricht Economic and … - 2007
This paper examines the impact of the Dutch R&D fiscal incentive program, known as WBSO, on R&D capital formation. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. An econometric model is estimated using a rich unbalanced panel covering...
Persistent link: https://www.econbiz.de/10005150873
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Measuring the Effectiveness of R&D Tax Credits in the Netherlands
Lokshin, Boris; Mohnen, Pierre - United Nations University-Maastricht Economic Research … - 2007
This paper examines the impact of the Dutch R&D fiscal incentive program, known as WBSO, on R&D capital formation. Taking a factor-demand approach we measure the elasticity of firm R&D capital accumulation to its user cost. An econometric model is estimated using a rich unbalanced panel covering...
Persistent link: https://www.econbiz.de/10010712320
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Verokannustimet innovaatiopolitiikan välineenä - Katsaus verokannustimien käyttöön OECD-maissa
Valkonen, Laura - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2006
An increasing number of countries support private R&D activity by fiscal incentives in response to the tightening international tax competition. Consequently, the importance of direct R&D subsidies is diminishing. This paper describes R&D tax incentive mechanisms in OECD countries and surveys...
Persistent link: https://www.econbiz.de/10005818401
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Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
Radas, Sonja; Anic, Ivan-Damir - In: Croatian Economic Survey 15 (2013) 1, pp. 61-88
. Three aspects of program additionality were evaluated: input, output and behavioral aspects. Both qualitative and survey … evaluation of input additionality. The analysis indicates that SMEs which started with a higher R&D capability tend to increase R …
Persistent link: https://www.econbiz.de/10010639323
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Turning ideas into money. Which ideas and whom money?
Vass, Andreea - In: The AMFITEATRU ECONOMIC journal 11 (2009) 25, pp. 181-188
Romania plays no part in the world technological race. In the last three decades, we have lost the technological leadership role in the oil industry, simply because the communist regime was reluctant to encourage the growth of information technology in general, and personal computers in...
Persistent link: https://www.econbiz.de/10005453891
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The Effects of Fiscal Incentives and Public Subsidies on Private R & D Investment.
Domínguez, Angeles Marra - In: Hacienda Pública Española (2008) 1, pp. 35-66
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...
Persistent link: https://www.econbiz.de/10005418992