This paper evaluates the equilibrium effects of the Research and Experimentation Tax Credit on the Chemicals Industry, taking into consideration firm interactions. The tax credit was put into place to counteract the underinvestment in private R&D caused by firms not internalizing the benefits of...

The REACH Directive, requiring the registration and testing of more than 30,000 existing chemical substances prior to selling them in the European Union, has been very controversial from its initial draft in 2001 to its adoption in 2006. In the course of lobbying actions, various studies have...

Indian chemical industry, traditionally insulated from rest of the world, of late has been exposed to global competition. The paper examines its coping strategies and sectoral innovation system: industry’s evolution, major characteristics, policy and institutional framework, and its...

In this contribution, discussion about the Porter Hypothesis and the pros and cons of the new European chemicals regulation system REACH are tied together. The contribution seeks to apply the Porter Hypothesis to the field of European chemicals regulation. Porter's claim of positive effects of...

R&D, Innovation and Competitiveness in the European Chemical Industry explores the science & technology base and the dynamic performance of the European "system of innovation" in the chemical industry, with particular attention to its contribution to economic growth through innovation and...