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What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the structural economic effects of this institutional innovation as disintermediation in markets, dehierarchicalisation of organisations, and growing private provision of economic...
Persistent link: https://www.econbiz.de/10012906677
in overlooking the squandering of government resources on tax subsidies to investors in Labour-Sponsored Venture Capital …
Persistent link: https://www.econbiz.de/10013108430
The federal government deploys a variety of institutions — patent, tax, and spending, among others — to encourage innovation. But legal scholars have given short shrift to how these institutions should be coordinated. In this Note, I argue that tax credits could be used to ameliorate a...
Persistent link: https://www.econbiz.de/10013064161
The aim of this paper is to evaluate the effects of R&D intensity, R&D investment and tax incentives on firms' growth in Portugal, Italy, Greece and Spain from 2002 to 2014. Another ambition of this paper is to identify which selected factors affected firms' growth. The effect of variables such...
Persistent link: https://www.econbiz.de/10011527032
U.S. multinational corporations increasingly use intra-firm, cross-border research collaboration to disperse R&D across different countries. This paper investigates the implications of such collaboration on the abilities of firms to garner benefits from R&D tax incentives. We find that the...
Persistent link: https://www.econbiz.de/10012842413
Huge amounts of money will soon be spent by governments and private entities to develop technology to reduce the costs of climate change mitigation and adaptation, and to deploy new energy and transportation infrastructures. Incredibly, we still lack any good idea of the best means of providing...
Persistent link: https://www.econbiz.de/10014150354
Tax systems in developing countries, like those in more developed countries, face both new challenges and new possibilities as a result of technological change. In developing countries, taxpayers and tax administrations must cope with more difficult environments with fewer resources. Some issues...
Persistent link: https://www.econbiz.de/10014220765
subsidies, consumption taxes do better than uniform income taxes, but can be improved on locally via positive taxation of … physical capital income and a negative tax on labor income. With subsidies the first best can be achieved in a system where: (i …
Persistent link: https://www.econbiz.de/10001599108
Although the future socio-economic benefits of a new fibre-based (“next generation access”, NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
Persistent link: https://www.econbiz.de/10010258770
Persistent link: https://www.econbiz.de/10009697747