Taxation And Innovation
DOWNLOAD
Download Taxation And Innovation PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Taxation And Innovation book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Taxation Innovation And The Environment
DOWNLOAD
Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-10-13
Taxation Innovation And The Environment written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-10-13 with categories.
This report draws on case studies to explore the relationship between environmentally-related taxation and innovation to see whether taxation can spur innovation and if so, what types.
Taxation And Innovation In The 20th Century
DOWNLOAD
Author : Ufuk Akcigit
language : en
Publisher:
Release Date : 2018
Taxation And Innovation In The 20th Century written by Ufuk Akcigit and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Corporations categories.
This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We use three new datasets: a panel of the universe of inventors who patent since 1920; a dataset of the employment, location and patents of firms active in R&D since 1921; and a historical state-level corporate tax database since 1900, which we link to an existing database on state-level personal income taxes. Our analysis focuses on the impact of taxes on individual inventors and firms (the micro level) and on states over time (the macro level). We propose several identification strategies, all of which yield consistent results: i) OLS with fixed effects, including inventor and state-times-year fixed effects, which make use of differences between tax brackets within a state-year cell and which absorb heterogeneity and contemporaneous changes in economic conditions; ii) an instrumental variable approach, which predicts changes in an individual or firm's total tax rate with changes in the federal tax rate only; iii) a border county strategy, which exploits tax variation across neighboring counties in different states. We find that taxes matter for innovation: higher personal and corporate income taxes negatively affect the quantity, quality, and location of inventive activity at the macro and micro levels. At the macro level, cross-state spillovers or business-stealing from one state to another are important, but do not account for all of the effect. Agglomeration effects from local innovation clusters tend to weaken responsiveness to taxation. Corporate inventors respond more strongly to taxes than their non-corporate counterparts.
Taxation And Innovation
DOWNLOAD
Author : Ufuk Akcigit
language : en
Publisher:
Release Date : 2020
Taxation And Innovation written by Ufuk Akcigit and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Corporations categories.
Tax policies are a wide array of tools, commonly used by governments to influence the economy. In this paper, we review the many margins through which tax policies can affect innovation, the main driver of economic growth in the long-run. These margins include the impact of tax policy on i) the quantity and quality of innovation; ii) the geographic mobility of innovation and inventors across U.S. states and countries; iii) the declining business dynamism in the U.S., firm entry, and productivity; iv) the quality composition of firms, inventors, and teams; and v) the direction of research effort, e.g., toward applied versus basic research, or toward dirty versus clean technologies. We give ideas drawn from research on how the design of policy can allow policy makers to foster the most productive firms without wasting public funds on less productive ones.
Taxation And Innovation
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2011
Taxation And Innovation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Taxation And Innovation
DOWNLOAD
Author : Pamela Palazzi
language : en
Publisher:
Release Date : 2011
Taxation And Innovation written by Pamela Palazzi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Taxation And Innovation A Sectorial Approach
DOWNLOAD
Author : David Hasen
language : en
Publisher:
Release Date : 2018
Taxation And Innovation A Sectorial Approach written by David Hasen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
A number of tax rules have been adopted or proposed to promote innovation. The primary justification for these rules is that they can be effective in reducing or eliminating chronic market failure in the innovation sector. This paper argues that special tax rules for innovation generally are inappropriate. The basic circumstance giving rise to market failure in the innovation sector is the positive externality associated with information production. Special tax rules do not correct the externality; they merely compensate for it through other mechanisms that themselves create deadweight loss. In place of special tax rules that promote innovation, policy makers should adopt rules that counteract disproportionately large tax-induced distortions in the innovation sector. Among these distortions is excess risk-taking, a phenomenon attributable to the lognormal nature of returns to risk-bearing.
The Effects Of Taxes On Innovation
DOWNLOAD
Author : Stefanie Stantcheva
language : en
Publisher:
Release Date : 2021
The Effects Of Taxes On Innovation written by Stefanie Stantcheva and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Income tax categories.
Income taxes are typically set to raise revenues and redistribute income at the lowest possible efficiency costs, which result from the distortions in individual behaviors that taxes entail. Individuals can respond along many margins, such as labor supply, tax avoidance and evasion, and geographic mobility. But one margin that taxes may affect -- innovation -- is less frequently considered. Conceptually, taxes reduce the expected net returns to innovation inputs and can reduce innovation. Much like other margins of responses to taxes, this efficiency cost must be taken into account. Innovation is done by a relatively small number of people, but it is nevertheless likely to have widespread benefits. While inventors may have divergent motivations, such as social recognition or the love of discovery, they also face an economic reality. How strongly innovation responds to taxes is an empirical question that has been the subject of a growing body of recent work. In this paper, I study how to account for innovation when setting personal income and capital taxation. I distinguish between two cases: one in which the government can set a differentiated tax on inventors and one in which the government is constrained to set the same tax on all agents. I provide a model that flexibly accounts for the spillovers generated by innovation and the non-pecuniary benefits inventors receive from innovation and derive tax formulas expressed in terms of estimable sufficient statistics. The second part of the paper discusses the empirical evidence on the effects of taxes on the quantity, quality, and location of innovation, as well as tax avoidance and income shifting done through innovation.
Taxation And Innovation
DOWNLOAD
Author : Jordan M. Barry
language : en
Publisher:
Release Date : 2018
Taxation And Innovation written by Jordan M. Barry and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
This chapter considers the relationship between the U.S. federal income tax system and innovation, using the sharing economy as a focal point for analysis. It makes two main points. First, the tax system is currently a questionable tool for encouraging innovation. Regulators are understandably concerned that taxpayers will use tax incentive provisions in unanticipated ways, and thus are inclined to tightly limit such provisions' scope. This reduces incentive provisions' net benefit to taxpayers, and can even cause such provisions to miss their marks entirely. Moreover, small and new companies are key drivers of innovation, and evidence suggests that they are relatively unresponsive to tax incentives. Second, innovation can help improve the tax system. To fix a problem, one must first identify it; innovation provides opportunities to see where tax law is achieving its goals and where it is falling short. The sharing economy experience suggests some strengths, such as the tax system's definition of income, as well as weaknesses, such as the dividing line between independent contractors and employees.
Innovation And Public Policy
DOWNLOAD
Author : Austan Goolsbee
language : en
Publisher: University of Chicago Press
Release Date : 2022-03-25
Innovation And Public Policy written by Austan Goolsbee and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-25 with Business & Economics categories.
A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.
Innovation And The Tax System
DOWNLOAD
Author : Advisory Council on Science and Technology
language : en
Publisher:
Release Date : 1994
Innovation And The Tax System written by Advisory Council on Science and Technology and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business enterprises categories.