Gersbach, Hans; Schetter, Ulrich; Schneider, Maik T. - CER-ETH Center of Economic Research, Department of … - 2014
We explore optimal and politically feasible growth policies in the form of basic research investments and taxation …. Basic research is a public good that benefits innovating entrepreneurs, but its provision and financing also affect the … show that the impact of basic research on the general economy rationalizes a taxation pecking order to finance basic …