Review article
EVALUATION OF RESEARCH AND DEVELOPMENT TAX INCENTIVES SCHEME IN CROATIA
Zoran Aralica
Valerija Botrić
Abstract
According to the European Innovation Scoreboard
metrics Croatia belongs to the group of moderate
innovators, i.e. a country with below average
innovation performance in comparison to the EU
average in the period 2009-2010. Government
subsidies are frequently introduced to improve
countries’ innovation performance. Whether existing
R&D tax scheme in Croatia produces expected results
is the key research question analyzed in the paper.
Based on the microeconometric analysis of individual
firms’ data, we confirm positive effect of the subsidies
on expenditures in research and development as well
as on product innovation. However, the significant
effect on process innovation is not found.
Keywords
R&D tax incentives; evaluation; Croatia; propensity score matching
Hrčak ID:
109116
URI
Publication date:
1.10.2013.
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