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We examine how investor-level tax incentives affect financing for start-ups using the introduction of a generous tax deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases funding for eligible start-ups, with stronger...
Persistent link: https://www.econbiz.de/10014564279
entrepreneurship, an amendment of China’s Company Law in 2013 eliminated minimum “registered capital” requirements, allowing firms to …
Persistent link: https://www.econbiz.de/10014238488
The original intention of the government was to provide financial subsidies to firms by implementing innovation support … policies. In turn, this will encourage these firms to carry out technological innovation activities. However, there are still … enterprise innovation. The theoretical and empirical research conclusions are uncertain. In this study, samples unlisted …
Persistent link: https://www.econbiz.de/10014506228
context compared to the Chinese institutional context due to the polycentricity of institutions. The research implications of …
Persistent link: https://www.econbiz.de/10010552176
Spillovers <em>(Zolt¨¢n J ¨¢cs)</em></li> </ul> </li> <li><strong><em>Economic Impact of Entrepreneurship, Innovation, and … Formation in China <em>(Jian Gao and Shi Shude)</em></li> <li>Diversity, Innovation, and Entrepreneurship in China <em … barriers to entrepreneurship in China (e.g. its immature markets and institutions) based on Western standards of …
Persistent link: https://www.econbiz.de/10011122725
functional equivalents of institutions in the absence of well-developed, mature formal institutions. …
Persistent link: https://www.econbiz.de/10010731002
The reason for extending the Value Added Tax (VAT) to the services sector in China is not sufficiently powerful. Just looking at the services sector, substituting the sales tax with a VAT gives rise to many difficulties in terms of system design and implementation, and the possible problems may...
Persistent link: https://www.econbiz.de/10013108355
"High carbon model" a serious constraint on China's future development, "low carbon economy" will become an important breakthrough in China's construction of "ecological civilization." The carbon tax is important part of environmental tax, and environmental tax is also known as the ecological...
Persistent link: https://www.econbiz.de/10013088741
The Chinese Premier Wen Jiabao hosted the State Council conference on the 1st March (2011), discussing and passing the Draft Individual Income Tax Law Amendment (‘Amendment'). The ‘Amendment' outlines changes that should be made as a part of the individual income tax reform suggesting that...
Persistent link: https://www.econbiz.de/10013091231
In recent years the Chinese economy has moved away from a carbon intensive economy towards an economy that relies increasingly on renewable energy. While this has been most evident with respect to hydro development, it can also been seen in increases in energy produced by solar and wind...
Persistent link: https://www.econbiz.de/10013042953