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general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation … boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods? … general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation …
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We propose a novel mechanism through which established firms contribute to the startup ecosystem: the allocation of R&D tax credits to startups via the M&A channel. We show that when established firms become eligible for R&D tax credits, they increase their R&D and M&A activity. In particular,...
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