Määttänen, Niku; Maliranta, Mika - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2007
We compare different tax incentive schemes for private R&D investments using a numerical model of R&D-investments and firm dynamics. We find that tax incentives that are based on the incremental annual spending increase firms' R&D spending much more than tax incentives that are based on the...