R&D tax incentives: effects on investment and firms' survival

Detalhes bibliográficos
Autor(a) principal: Monteiro, Diogo Lopes
Data de Publicação: 2020
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/103897
Resumo: Innovation is often seen as a critical driver of economic growth. This paper evaluates the impact of the Portuguese tax incentive to R&D (SIFIDE) on R&D investment (creation of innovation) and on firms’ survival (maintenance of innovation), using PSM and Difference-in-Differences methods. Results show positive effects of the program on both R&D investment and firms’ survival, especially for the services sector (R&D) and for small firms (survival). In addition, the hypotheses of full crowding-out and no additionality on private R&D were rejected, implying that the incentive does not merely replace private with public funding.
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spelling R&D tax incentives: effects on investment and firms' survivalInnovationR&DTax incentiveSIFIDEFirms’ survivalDomínio/Área Científica::Ciências Sociais::Economia e GestãoInnovation is often seen as a critical driver of economic growth. This paper evaluates the impact of the Portuguese tax incentive to R&D (SIFIDE) on R&D investment (creation of innovation) and on firms’ survival (maintenance of innovation), using PSM and Difference-in-Differences methods. Results show positive effects of the program on both R&D investment and firms’ survival, especially for the services sector (R&D) and for small firms (survival). In addition, the hypotheses of full crowding-out and no additionality on private R&D were rejected, implying that the incentive does not merely replace private with public funding.Basto, Rita BessoneRUNMonteiro, Diogo Lopes2020-09-11T12:47:09Z2020-06-052020-05-222020-06-05T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/103897TID:202502228enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-05-22T17:47:28Zoai:run.unl.pt:10362/103897Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-05-22T17:47:28Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv R&D tax incentives: effects on investment and firms' survival
title R&D tax incentives: effects on investment and firms' survival
spellingShingle R&D tax incentives: effects on investment and firms' survival
Monteiro, Diogo Lopes
Innovation
R&D
Tax incentive
SIFIDE
Firms’ survival
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short R&D tax incentives: effects on investment and firms' survival
title_full R&D tax incentives: effects on investment and firms' survival
title_fullStr R&D tax incentives: effects on investment and firms' survival
title_full_unstemmed R&D tax incentives: effects on investment and firms' survival
title_sort R&D tax incentives: effects on investment and firms' survival
author Monteiro, Diogo Lopes
author_facet Monteiro, Diogo Lopes
author_role author
dc.contributor.none.fl_str_mv Basto, Rita Bessone
RUN
dc.contributor.author.fl_str_mv Monteiro, Diogo Lopes
dc.subject.por.fl_str_mv Innovation
R&D
Tax incentive
SIFIDE
Firms’ survival
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Innovation
R&D
Tax incentive
SIFIDE
Firms’ survival
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Innovation is often seen as a critical driver of economic growth. This paper evaluates the impact of the Portuguese tax incentive to R&D (SIFIDE) on R&D investment (creation of innovation) and on firms’ survival (maintenance of innovation), using PSM and Difference-in-Differences methods. Results show positive effects of the program on both R&D investment and firms’ survival, especially for the services sector (R&D) and for small firms (survival). In addition, the hypotheses of full crowding-out and no additionality on private R&D were rejected, implying that the incentive does not merely replace private with public funding.
publishDate 2020
dc.date.none.fl_str_mv 2020-09-11T12:47:09Z
2020-06-05
2020-05-22
2020-06-05T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/103897
TID:202502228
url http://hdl.handle.net/10362/103897
identifier_str_mv TID:202502228
dc.language.iso.fl_str_mv eng
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instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
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