|
EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/24085
|
| | |
| Title: | | Evaluating the Impact of R&D Tax Credits on Innovation: A Microeconometric Study on Canadian Firms  |
| Authors: | | Czarnitzki, Dirk Hanel, Petr Rosa, Julio Miguel |
| Issue Date: | | 2004 |
| Series/Report no.: | | ZEW Discussion Papers 04-77 |
| Abstract: | | This study examines the effect of R&D tax credits on innovation activities of Canadian manufacturing firms. Over the 1997-1999 period the Federal and Provincial R&D tax credit programs were used by more than one third of all manufacturing firms and by close to two thirds of firms in high-technology sectors. We investigate the average effect of R&D tax credits on a series of innovation indicators such as number of new products, sales with new products, originality of innovation etc. using a non-parametric matching approach. Compared to a hypothetical situation in the absence of R&D tax credits, recipients of tax credits show significantly better scores on most but not all performance indicators. We therefore conclude that tax credits increase the R&D engagement at the firm level and that the R&D activities induced by fiscal incentives lead to additional innovation output. |
| Subjects: | | R&D Innovation Public Subsidies Tax Credit Policy Evaluation |
| JEL: | | O38 C25 H50 C14 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/24085
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|