Public support for private R and D: the case of the research tax credit

Journal Article · · J. Policy Anal. Manage.; (United States)

DOI:https://doi.org/10.2307/3324191· OSTI ID:5727903

Bozeman, B; Link, A

The US government has long included in its tax code various special provisions designed to stimulate industrial R and D. In 1981, those provisions were substantially augmented by a special R and D tax credit, and various proposals are now under consideration to relax the antitrust statutes in order to encourage research through joint ventures. The case for any of these measures is difficult to establish, being based on assumptions that are not readily tested in objective terms. Nevertheless, one point is fairly clear: as between stimulating industrial R and D by individual firms and stimulating R and D joint ventures of such firms, the joint venture approach appears superior in its likely results. 46 references.

• Research Organization: Syracuse Univ., NY
• OSTI ID: 5727903
• Journal Information: J. Policy Anal. Manage.; (United States), Journal Name: J. Policy Anal. Manage.; (United States) Vol. 4:3; ISSN JPAMD
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290500* -- Energy Planning & Policy-- Research
Development
Demonstration
& Commercialization
GOVERNMENT POLICIES
INDUSTRY
JOINT VENTURES
RESEARCH PROGRAMS
TAX CREDITS