Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/279984 
Year of Publication: 
2023
Citation: 
[Journal:] EconPol Forum [ISSN:] 2752-1184 [Volume:] 24 [Issue:] 4 [Year:] 2023 [Pages:] 61-66
Publisher: 
CESifo GmbH, Munich
Abstract: 
Research and Development (R&D) is crucial to secure continued economic growth and prosperity. Private sector investments in R&D are typically too low, which constitutes a market failure. Governments use R&D tax credit schemes to compensate for this failure. Input-based tax credit schemes and lenient corporate taxation are especially useful to stimulate private sector R&D activities
Document Type: 
Article

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