ITEM METADATA RECORD
Title: Volume-based R&D tax credits and behavioural additionality in YICs
Authors: Teirlinck, Peter
Neicu, Daniel
Spithoven, André
Issue Date: Sep-2012
Publisher: Academic Publishing International Limited
Host Document: Proceedings of The 7th European Conference on Entrepreneurship and Innovation pages:672-679
Conference: The European Conference on Entrepreneurship and Innovation edition:7 location:Santarém (Portugal) date:20-21 September 2012
Abstract: This paper investigates the influence of policy support in terms of taxation-related financial slack on the innovative behaviour of young innovative companies (YICs). The focus is on behavioural additionality in R&D projects related to the introduction of a fiscal scheme for advance payment partial exemption in favour of highly qualified researchers in business enterprises in Belgium. The empirical analysis is based on a representative sample of YICs. Information regarding behavioural additionality is provided by a questionnaire sent in 2011 to all R&D active firms in Belgium. The survey combines quantitative and qualitative questions regarding the management of the money made available to the firm based on the fiscal wage pre-emption measure. We find evidence that the government support measures influence the firm’s internal management capabilities that empower resource-constrained YICs to strengthen creative innovation behaviour in terms of risk and acceleration of R&D projects during economic turbulence. The unique situation of creation of a tax incentive at the moment of economic recession sheds new insights on the relation between government support and research management in YICs.
ISBN: 978 - 1 - 908272 - 68 - 3
ISSN: 2049 - 1050
Publication status: published
KU Leuven publication type: IC
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
Research Centre for Globalization, Innovation and Competition, Campus Brussels (-)
Faculty of Economics and Business (FEB) - miscellaneous

Files in This Item:

There are no files associated with this item.

Request a copy

 




All items in Lirias are protected by copyright, with all rights reserved.

© Web of science