English, Article, Journal or magazine article edition: Accelerating Innovation: National R&D Subsidies versus Foreign R&D Tax Credits Felipa de Mello-Sampayo; Sofia de Sousa-Vale; Francisco Camões

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Bookmark: http://trove.nla.gov.au/version/162015
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Accelerating Innovation: National R&​D Subsidies versus Foreign R&​D Tax Credits
Author
  • Felipa de Mello-Sampayo
  • Sofia de Sousa-Vale
  • Francisco Camões
Physical Description
  • preprint
Notes
  • This paper examines and compares the impact on growth of government’s funding national R&​D or providing a tax rate reduction for foreign investment in R&​D. In an innovationbased model we show the relation between the costs of these two policies. One meaningful policy implication of our results is that, to accelerate innovation, governments should adopt a tax rate deduction for foreign R&​D, rather than subsidizing national R&​D, because the former is more economical and effective than the latter.
  • Endogenous Growth, Foreign Direct Investment, Taxes
  • RePEc:isc:wpaper:ercwp0108
Language
  • English
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