Please use this identifier to cite or link to this item:
http://hdl.handle.net/10773/36120
Title: | The Use of Internal Resources for the Creation of Innovation: An Empirical Analysis of Portuguese Companies Benefiting from Tax Incentives for Research and Development |
Author: | Walter, Cicero Eduardo Au-Yong-Oliveira, Manuel Ferasso, Marcos Polónia, Daniel Ferreira Veloso, Cláudia Miranda |
Keywords: | Research and development R&D tax incentives Innovation SIFIDE Portugal |
Issue Date: | 28-Dec-2022 |
Publisher: | World Scientific |
Abstract: | Comparing companies solely based on tax incentives for R&D activities can be misleading. Hence, this research aims to assess how Portuguese companies that make use of tax incentives for R&D activities on an ongoing basis behave in terms of promoting and appropriating value through innovation. From an initial population of 3,156 companies, a final database with 339 Portuguese companies that made use of fiscal credits from 2013 to 2016 was analyzed. The tax incentive program targeted was the Fiscal Incentive System supporting R&D in Enterprises (SIFIDE). Using the analysis of variance (one-way ANOVA), the main results suggest that, considering the internal resources, there are no statistically significant differences between the promotion and appropriation of value through innovation according to the size and age of companies. The data indicate that good management regarding the generation and implementation of innovations may occur independently of size and age of firms, in the Portuguese case. Albeit the averages of the indicators of value appropriation of the intangible (e.g. patents, trademarks, and new processes), and the efficiencies of assets and liabilities for the promotion of the intangible are different according to the level of technological intensity. These results point to the need to reevaluate the tax incentives for R&D activities, since its generic nature may not meet the different innovation needs arising from the distinctive characteristics of these enterprises and their technological dynamics. Implications and future research directions are provided. |
Peer review: | yes |
URI: | http://hdl.handle.net/10773/36120 |
DOI: | 10.1142/S0219877023500177 |
ISSN: | 0219-8770 |
Publisher Version: | https://www.worldscientific.com/doi/10.1142/S0219877023500177 |
Appears in Collections: | DEGEIT - Artigos ESTGA - Artigos GOVCOPP - Artigos |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
2nd Proof corrections_done_2350017_ijitm.pdf | 374.31 kB | Adobe PDF |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.