000			01672nab a2200265 c 4500
999			_c148746 _d148746
003			ES-MaIEF
005			20240115125540.0
007			ta
008			240115t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
245		0	_aDo tax incentives increase firm innovation? _ban RD design for R&D, patents, and spillovers _c Antoine Dechezleprêtre, Elias Einiö, Ralf Martin, Kieu-Trang Nguyen and John Van Reenen
500			_aResumen.
504			_aBibliografía.
520			_aWe present causal evidence of R&D tax incentives' positive impacts on a firm's own innovation and that of its technological neighbors. Exploiting a change in size-based eligibility thresholds for R&D tax relief, we implement a Regression Discontinuity Design using administrative data. We find significant effects of tax relief on (quality-adjusted) patenting (and R&D) that persist up to seven years, and evidence of R&D spillovers on the innovation of technologically close firms. We can rule out elasticities of patenting with respect to R&D user cost of under 2 at the 5 percent level and show that our large effects are driven by financially constrained treated firms.
650			_aINVERSIONES EMPRESARIALES _943879
650			_aINVESTIGACION _945098
650		4	_aDESARROLLO TECNOLOGICO _942572
650		4	_aINCENTIVOS FISCALES _947462
650		4	_aINCIDENCIA Y TRASLACION _946552
650		4	_aINNOVACIÓN _949904
650		4	_aEMPRESAS _943504
700	1		_971328 _aDechezleprêtre, Antoine
773	0		_9170922 _oOP 2135/2023/4 _tAmerican Economic Journal : Economic Policy _w(IEF)134825 _x 1945-7731 _g v. 15, n. 4, November 2023, p. 486-521
942			_cART