Showing 51 - 60 of 40,327
This paper investigates the effect of tax incentives on R&D activities in Taiwanese manufacturing firms. The propensity score matching (PSM) estimates show that recipients of R&D tax credits appear on average to have 53.80% higher R&D expenditures than that they do without receiving tax credits,...
Persistent link: https://www.econbiz.de/10014162128
This paper evaluates the typically applied rules for awarding R&D subsidies. We identify two sources of inefficiency: the selection based on a ranking of individual projects, rather than complete allocations, and the failure to induce competition among applicants in order to extract and use...
Persistent link: https://www.econbiz.de/10014061515
Government subsidies are often used to stimulate environment-friendly investment. We find that Chinese firms reduce green investment as the uncertainty of subsidies rises. This effect is identified from weather-driven fluctuations in air pollution that lead to fluctuations in subsidy...
Persistent link: https://www.econbiz.de/10014350057
Despite the increased interest in corporate environmental, social, and governance (ESG) management, which reflects social values within the business environment, discussions on ESG-related policies are limited in that they are overly focused on ESG reporting standardization.K-ESG should be...
Persistent link: https://www.econbiz.de/10014258258
Propensity score analysis becomes complicated when there are multiple treatments. Existing studies bypass this complication by focusing on two of the treatments at a time and calculate the pairwise treatment effects, but this pairwise comparison does not allow advanced analysis that investigates...
Persistent link: https://www.econbiz.de/10014088894
This study analyses how R&D expenditure impacts the productivity of companies. We analyse the productivity impact of R&D using a large panel dataset of Finnish firms over a nine-year period from 1996 to 2004. Our results are two-fold. In the short run (in 1-2 years) we find no statistically...
Persistent link: https://www.econbiz.de/10005818358
While the effects of public R&D funding on innovation inputs, outputs and strategies of firms have been studied extensively, little is known about the impact public R&D funding may have on open innovation practices. We made several hypotheses about different effects of public subsidies from the...
Persistent link: https://www.econbiz.de/10010901660
This paper evaluates how R&D subsidies to the business sector are typically awarded. We identify two sources of ine_ciency: the selection based on a ranking of individual projects, rather than complete allocations, and the failure to induce competition among applicants in order to extract and...
Persistent link: https://www.econbiz.de/10005835213
This paper investigates the effect of tax incentives on R&D activities in Taiwanese manufacturing firms. Specifically, we assess the potential R&D-enhancing effect on recipients of R&D tax credits compared with their non-recipient counterparts. Moreover, the potential difference in the...
Persistent link: https://www.econbiz.de/10008495552
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/10005100708