Kieu-Trang Nguyen, John Van Reenen, 21 March 2016

Many countries have increased the tax support they provide for research and development (R&D). This column looks at the impact of such support on innovation outcomes in the UK. The findings suggest that tax breaks are an innovation policy that works. UK business R&D would be 10% lower in the absence of the tax breaks.

Elīna Gaillard, Bas Straathof, 20 January 2015

Tax incentives have become a common policy tool for encouraging firms to spend more on research and development – and the recession has further raised interest in the effectiveness of this policy. This column highlights a new review of the empirical evidence, which suggests that fiscal incentives for R&D only modestly stimulate R&D, while their impact on innovation and economic growth is uncertain.

Karl Aiginger, 03 October 2011

More and more policymakers are talking about stimulating innovation in order to reinvigorate their economies. But how can this be achieved? This column evaluates current industrial policy in France.

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