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According to the Companies’ View, Which Policy Actions Would Increase the R&D Activities of Companies?

Jyrki Ali-Yrkkö and Mika Pajarinen

No 126, ETLA Brief from The Research Institute of the Finnish Economy

Abstract: Abstract Several policy instruments can be used to increase research and product development (R&D). This brief focuses on companies’ views on the impact of these instruments based on a company survey. According to companies, the most influential instruments for increasing R&D of companies would be R&D tax incentives, increasing R&D grants and improving the availability of skilled labor. Corporate taxation was more important for domestic than for foreign companies. Instead, the costs of R&D employees were more important for foreign companies. When interpreting the results, it should take into account that they are based on companies’ subjective views.

Keywords: R&D; Innovation; Globalization; Foreign ownership; Foreign company (search for similar items in EconPapers)
JEL-codes: O31 O38 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2023-10-23
New Economics Papers: this item is included in nep-acc and nep-sbm
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