Tax Policy and Innovation
- 12 March 1982
- journal article
- research article
- Published by American Association for the Advancement of Science (AAAS) in Science
- Vol. 215 (4538) , 1365-1371
- https://doi.org/10.1126/science.215.4538.1365
Abstract
Tax policy should be formulated with recognition of its effects on research and development and innovation. Many changes in tax policy designed to stimulate innovation have been proposed in recent years. Some of these changes were embodied in the 1981 tax bill. Basic economic analysis and rudimentary statistics enable economists to make some useful statements about the effects of recent and proposed tax changes but, because practically no studies have been conducted in this area, there is little or no dependable information concerning the quantitative impact of particular changes of this sort on the rate of innovation.Keywords
This publication has 3 references indexed in Scilit:
- Tax policies for encouraging innovation: A surveyTechnology in Society, 1981
- Research and Innovation in the Modern CorporationPublished by Springer Nature ,1971
- The Determinants of Industrial Research and Development: A Study of the Chemical, Drug, and Petroleum IndustriesJournal of Political Economy, 1968