IDEAS home Printed from https://ideas.repec.org/a/oup/rseval/v31y2022i2p226-235..html
   My bibliography  Save this article

Does R&D tax credit impact firm behaviour? Micro evidence for Portugal

Author

Listed:
  • Alexandre Paredes
  • Joana Mendonça
  • Fernando Bação
  • Bruno Damásio

Abstract

In this study, we use panel data to analyse the impact of an R&D tax credit on R&D personnel, particularly the impact on Ph.D. holders allocation, comparing low R&D intensity firms with medium-high and high R&D intensity firms. The results show that, in medium-high and high R&D intensity firms, the R&D tax credit had a significant impact on allocating Ph.D. holders in firms after 3 years of participation in the tax incentive scheme. We use a database covering 7,710 firms that performed R&D at least once in Portugal over the 23-year period 1995 to 2017, provided by the official business R&D survey data and a database of firms that applied for tax credit incentives at least once in the same period. Based on the estimation of impulse-response functions by local projections, we assess the impact of introducing the tax incentive scheme for corporate R&D in firms from different R&D intensity sectors.

Suggested Citation

  • Alexandre Paredes & Joana Mendonça & Fernando Bação & Bruno Damásio, 2022. "Does R&D tax credit impact firm behaviour? Micro evidence for Portugal," Research Evaluation, Oxford University Press, vol. 31(2), pages 226-235.
    • Handle: RePEc:oup:rseval:v:31:y:2022:i:2:p:226-235.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/reseval/rvac002
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aristovnik, Aleksander & Yang, Guo-liang & Song, Yao-yao & Ravšelj, Dejan, 2023. "Industrial performance of the top R&D enterprises in world-leading economies: A metafrontier approach," Socio-Economic Planning Sciences, Elsevier, vol. 89(C).
    2. Ana Teresa Santos & Sandro Mendonça, 2022. "Do papers (really) match journals’ “aims and scope”? A computational assessment of innovation studies," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(12), pages 7449-7470, December.

    More about this item

    Keywords

    Firms; Ph.D. holders; R&D; tax credit;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:rseval:v:31:y:2022:i:2:p:226-235.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/rev .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.