R&D tax credit

Publication date: 5 Jun 2019 | Publication type: NIESR Discussion Paper | Theme: Trade, Investment & Productivity | Authors: Hall, B | JEL classification: H25, O32, O38 | NIESR discussion paper number: 506
A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...