Heckemeyer, Jost H.; Richter, Katharina; Spengel, Christoph - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014
investment decisions. Our theoretical considerations predict that R&D intensity is an important determinant of the tax department … the decision-making process of a new investment project, but are more likely to have a veto right in the decision on a new … investment project as compared to less R&D intensive firms. Conditional on R&D intensity, however, the level of intangible assets …