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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ZEW Discussion Papers ; No. 04-77
- Classification
-
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
- Subject
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R&D
Innovation
Public Subsidies
Tax Credit
Policy Evaluation
Steuerbegünstigung
Subvention
Forschungs- und Technologiepolitik
Innovationspolitik
Wirtschaftspolitische Wirkungsanalyse
Kanada
- Event
-
Geistige Schöpfung
- (who)
-
Czarnitzki, Dirk
Hanel, Petr
Rosa, Julio Miguel
- Event
-
Veröffentlichung
- (who)
-
Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
-
Mannheim
- (when)
-
2004
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Czarnitzki, Dirk
- Hanel, Petr
- Rosa, Julio Miguel
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 2004
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