Public support for private R&D: The case of the research tax credit
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: The U.S. government has long included in its tax code various special provisions designed to stimulate industrial R&D. In 1981, those provisions were substantially augmented by a special R&D tax credit, and various proposals are now under consideration to relax the antitrust statutes in order to encourage research through joint ventures. The case for any of these measures is difficult to establish, being based on assumptions that are not readily tested in objective terms. Nevertheless, one point is fairly clear: As between stimulating industrial R&D by individual firms and stimulating R&D joint ventures of such firms, the joint venture approach appears superior in its likely results.
Public support for private R&D: The case of the research tax credit
PDF (Portable Document Format)
213 KB
Created on 3/25/2022
Views: 627
Additional Information
- Publication
- Journal of Policy Analysis and Management, 1985, 4(3): 370-382
- Language: English
- Date: 1985
- Keywords
- R and D, industrial research, joint ventures, tax credits