Arbeitspapier
Entrepreneurial innovations and taxation
In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government support schemes. We analyze the effects of such policies to subsidize small businesses in a setting where both the risk-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale to an incumbent firm) are endogenous. We show that government programs to support small businesses foster market entry by entrepreneurs but, at the same time, give an incentive to choose low risk projects, due to the existence of limited loss offset provisions. This points to a basic trade-off be- tween the goals of raising competition in technology-intensive markets and the desire of governments to foster risky `breakthrough' innovations.
- Sprache
-
Englisch
- Erschienen in
-
Series: Munich Discussion Paper ; No. 2011-10
- Klassifikation
-
Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Oligopoly and Other Imperfect Markets
New Firms; Startups
Innovation and Invention: Processes and Incentives
- Thema
-
business taxation
innovation
market entry
Mittelstandspolitik
KMU
Innovation
Unternehmensbesteuerung
Steuervergünstigung
Markteintritt
Innovationspolitik
Innovationswettbewerb
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Haufler, Andreas
Norbäck, Pehr-Johan
Persson, Lars
- Ereignis
-
Veröffentlichung
- (wer)
-
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
- (wo)
-
München
- (wann)
-
2011
- DOI
-
doi:10.5282/ubm/epub.12245
- Handle
- URN
-
urn:nbn:de:bvb:19-epub-12245-5
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Haufler, Andreas
- Norbäck, Pehr-Johan
- Persson, Lars
- Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
Entstanden
- 2011
Ähnliche Objekte (12)
Entrepreneurial Innovations and Taxation
Entrepreneurial innovations and taxation
Factor taxation, income distribution, and capital market integration
Optimal factor and commodity taxation in a small open economy
International Commodity Taxation under Monopolistic Competition
International commodity taxation under monopolistic competition
International Commodity Taxation Under Monopolistic Competition
Market structure and the taxation of international trade
Market structure and the taxation of international trade
Market Structure and the Taxation of International Trade
Tacit Collusion under Destination- and Origin-Based Commodity Taxation
Tacit Collusion under Destination - and Origin-Based Commodity Taxation
Entrepreneurial Innovations and Taxation
Entrepreneurial innovations and taxation
Factor taxation, income distribution, and capital market integration
Optimal factor and commodity taxation in a small open economy
International Commodity Taxation under Monopolistic Competition
International commodity taxation under monopolistic competition
International Commodity Taxation Under Monopolistic Competition
Market structure and the taxation of international trade
Market structure and the taxation of international trade
Market Structure and the Taxation of International Trade
Tacit Collusion under Destination- and Origin-Based Commodity Taxation
Tacit Collusion under Destination - and Origin-Based Commodity Taxation
Entrepreneurial Innovations and Taxation
Entrepreneurial innovations and taxation
Factor taxation, income distribution, and capital market integration
Optimal factor and commodity taxation in a small open economy
International Commodity Taxation under Monopolistic Competition
International commodity taxation under monopolistic competition
International Commodity Taxation Under Monopolistic Competition
Market structure and the taxation of international trade
Market structure and the taxation of international trade
Market Structure and the Taxation of International Trade
Tacit Collusion under Destination- and Origin-Based Commodity Taxation