Arbeitspapier

Evaluating the Impact of R&D Tax Credits on Innovation: A Microeconometric Study on Canadian Firms

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.

Sprache
Englisch

Erschienen in
Series: ZEW Discussion Papers ; No. 04-77

Klassifikation
Wirtschaft
Technological Change: Government Policy
Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
National Government Expenditures and Related Policies: General
Semiparametric and Nonparametric Methods: General
Thema
R&D
Innovation
Public Subsidies
Tax Credit
Policy Evaluation
Steuerbegünstigung
Subvention
Forschungs- und Technologiepolitik
Innovationspolitik
Wirtschaftspolitische Wirkungsanalyse
Kanada

Ereignis
Geistige Schöpfung
(wer)
Czarnitzki, Dirk
Hanel, Petr
Rosa, Julio Miguel
Ereignis
Veröffentlichung
(wer)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(wo)
Mannheim
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Czarnitzki, Dirk
  • Hanel, Petr
  • Rosa, Julio Miguel
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Entstanden

  • 2004

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