Cross-border effects of R&D tax incentives


Knoll, Bodo ; Riedel, Nadine ; Schwab, Thomas ; Todtenhaupt, Maximilian ; Voget, Johannes


[img] PDF
1-s2.0-S0048733321001268-main.pdf - Published

Download (909kB)

DOI: https://doi.org/10.1016/j.respol.2021.104326
URL: https://madoc.bib.uni-mannheim.de/60602
Additional URL: https://www.sciencedirect.com/science/article/pii/...
URN: urn:nbn:de:bsz:180-madoc-606029
Document Type: Article
Year of publication: 2021
The title of a journal, publication series: Research Policy
Volume: 50
Issue number: 9, Article 104326
Page range: 1-20
Place of publication: Amsterdam [u.a.]
Publishing house: Elsevier
ISSN: 0048-7333 , 1873-7625
Related URLs:
Publication language: English
Institution: Business School > ABWL insbes. Finance & Accounting (Voget)
Pre-existing license: Creative Commons Attribution 4.0 International (CC BY 4.0)
Subject: 330 Economics
Keywords (English): Multinational firms, R&D tax incentives, R&D investment
Abstract: Existing evidence shows that R&D tax incentives boost countries’ private sector R&D. Given the importance ofmultinational enterprises (MNEs) for private sector innovation, it is unclear, however, whether firms engagein genuinely new R&D or whether R&D is reallocated across borders. Drawing on data on unconsolidated R&Dactivity of MNEs in Europe, we provide evidence that responses are dominated by cross-border relocations:More generous tax incentives in one country increase MNEs’ R&D investments in affiliates located there, whilelowering R&D investments in affiliates of the same MNE group located in other countries. Globally, firmshardly raise their R&D activities when tax incentives become more generous.
Additional information: Online-Ressource

Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




Metadata export


Citation


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item