Evaluating the impact of R&D tax credits on innovation: A microeconometric study on Canadian firms

被引：291

作者：

Czarnitzki, Dirk ^{[1
,2
]}

Hanel, Petr ^{[3
]}

Rosa, Julio Miguel ^{[4
]}

机构：

[1] Katholieke Univ Leuven, Dept Managerial Econ Strategy & Innovat, B-3000 Louvain, Belgium

[2] Ctr European Econ Res ZEW, Mannheim, Germany

[3] Univ Sherbrooke, Dept Econ, Sherbrooke, PQ J1K 2R1, Canada

[4] Ind Canada, Econ Res & Policy Anal Branch, Ottawa, ON K1A 0H5, Canada

来源：

RESEARCH POLICY | 2011年 / 40卷 / 02期

关键词：

R&D; Innovation; Public subsidies; Tax credit; Policy evaluation; SUBSIDIES;

D O I：

10.1016/j.respol.2010.09.017

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

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 lead to additional innovation output. (C) 2010 Elsevier B.V. All rights reserved.

引用

页码：217 / 229

页数：13

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