Publication:
Do Government Incentives to Promote R&D Increase Private R&D Investment?

Simple item page
dc.contributor.authorChoi, Jieun
dc.date.accessioned2023-07-27T19:11:46Z
dc.date.available2023-07-27T19:11:46Z
dc.date.issued2022-05-18
dc.description.abstractR&D incentives are a popular policy option to encourage private R&D worldwide. This paper provides an updated survey of R&D incentives’ effect on private R&D investment, including evaluations from developing countries. It assesses the pattern of R&D incentives, and reviews recent literature on the efficacy of these incentives. It reveals that R&D incentives generally increase private R&D, but to a varying extent depending on incentive types, countries’ income levels, industry and firm characteristics, and the design and implementation of the incentives. Overall, variability of the effect on private R&D is greater for direct incentives than indirect incentives. The effect of indirect incentives is found to be smaller in developing countries than developed countries, contrary to the predictions of growth theory. This paper investigates the potential reasons for these findings and summarizes policy implications for governments considering upgrading or adopting R&D incentives.en
dc.identifier.doi10.1596/40101
dc.identifier.issn0257-3032 (print)
dc.identifier.issn1564-6971 (online)
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40101
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Research Observer
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subjectR&D
dc.subjectTAX INCENTIVES
dc.subjectPOLICY EVALUATIONS
dc.subjectFIRM
dc.subjectDEVELOPMENT
dc.titleDo Government Incentives to Promote R&D Increase Private R&D Investment?en
dc.typeJournal Article
dspace.entity.typePublication
okr.associatedcontenthttps://academic.oup.com/wbro/article/37/2/204/6588035 Journal website (version of record)
okr.crossref.titleDo Government Incentives to Promote R&D Increase Private R&D Investment?
okr.date.disclosure2023
okr.doctypePublications & Research::Journal Article
okr.identifier.doi10.1093/wbro/lkac004
okr.identifier.doihttp://dx.doi.org/10.1596/40101
okr.language.supporteden
okr.pagenumber204–228
okr.region.geographicalWorld
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.topicScience and Technology Development::Research and Development
okr.volume37 (2)
relation.isJournalIssueOfPublication69826412-ecd8-45b4-b80d-c19b7a6dbcdb
relation.isJournalIssueOfPublication.latestForDiscovery69826412-ecd8-45b4-b80d-c19b7a6dbcdb
relation.isJournalOfPublication9e5fbe82-492f-4142-8378-17d50245d9de
relation.isJournalVolumeOfPublication4817db17-a0dc-4789-ae1c-20412ce08ae7
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
lkac004.pdf
Size:
395.87 KB
Format:
Adobe Portable Document Format
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Journal Articles