Keuschnigg, Christian (contributor) - 2008
, we examine how business taxation together with
start-up capital subsidies affect the volume and quality of venture capital … makers and
the business community have thus taken a strong interest in improving the conditions
for financing new firms, and … choose to be noncorporate in the early stage when the business makes losses.
Theywouldthensavetaxesbyoffsetting these losses …