Academic literature on the topic 'Incentives to innovation'

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Journal articles on the topic "Incentives to innovation"

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Korostelkina, Irina Alekseevna, and Anastasiya Olegovna Androsova. "Effectiveness of tax incentives for innovative activity in the Russian Federation: assessment and calculation." Тренды и управление, no. 1 (January 2020): 38–50. http://dx.doi.org/10.7256/2454-0730.2020.1.33232.

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The subject of this research is tax incentive that is a part of the process of innovative activity. Taxation is viewed as a tool for advancement of innovations. The experience of foreign countries demonstrates that government support in the form of funding, tax incentives, government subsidized loans, and creation of essential infrastructure play a big role in modernization processes. Expansion of the practice of implementation of tax incentives for stimulating innovations requires a theoretical comprehension of this process. This article examines the coefficient that characterizes economic effectiveness of tax incentives as correlation of separate indexes of innovation activity of recipients and benefits from tax spending. Assessment is conducted on the effectiveness of tax incentives in accordance with the data on innovation activity and tax revenue from different sectors that are leaders in the innovation sphere. The following conclusions were made: tax mechanism of stimulating innovation activity are not very popular and effective; precision of calculation is significantly affected by the current issues with the information base: complete absence of information with respect to stimulus recipients; the results of analysis demonstrate that the rate of increase of decreasing budget revenue surpasses the rate of growth that characterizes innovation activity of the taxpayer that testifies to the insufficient effectiveness of the provided tax incentives, prompting suggestion of new means for stimulation of tax incentives. The author proposes to amend statistical tax report, highlighting the information on the entire range of existing tax incentives. Consideration and control over rationality of tax incentive mechanisms would allow optimizing the list of tax incentives for innovation activity, as well as expand the list of sectors that use such incentives.
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Liu, Baohua, Wan Huang, and Lei Wang. "Performance-based equity incentives, vesting restrictions, and corporate innovation." Nankai Business Review International 10, no. 1 (February 21, 2019): 138–64. http://dx.doi.org/10.1108/nbri-10-2018-0061.

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Purpose Based on the institutional background of mandatory requirement of performance-based executive equity incentives, this paper aims to investigate the impacts of executive equity incentives, vesting periods and vesting performance conditions on corporate innovation. Design/methodology/approach The empirical analysis is based on the detailed data of equity incentives in China’s listed companies from 2006 to 2014, the Tobit method is implemented to estimate the regression coefficients, and the instrumental variable (IV) approach, Heckman two stage regression, propensity score matching and difference-in-difference models are adopted to solve the problem of endogeneity in several robust tests. Findings This paper documents that equity incentives and vesting periods are significantly and positively related to corporate innovation measured by R&D investment and patent applications, yet requirements on vesting performance impede corporate innovative activities. Specifically, compared with non-equity incentive companies, the R&D investment and the number of patent applications of equity incentive companies are 40 and 46.2 per cent higher, respectively. A one year increase in equity incentive duration can correspondingly increase the R&D investment by 15 per cent and the patent applications by 18.3 per cent. However, a one standard deviation increase in industry-adjusted ROE target reduces corporate R&D investment by 5 per cent and the patent applications by 8.39 per cent. The main empirical findings still hold after several robust tests. Research limitations/implications This paper confirms that the impact of performance-based compensation system on corporate innovation depends on its structure. Specifically, the empirical findings suggest that equity incentive plans being correctly designed can enhance corporate innovative activities, but myopic managers will damage the corporate innovation. Originality/value This paper investigates the influence of equity incentive structure on equity incentive effect based on the institutional background of mandatory requirement of performance-based executive equity incentives. It provides an opportunity to understand the mystery of equity incentives, which helps to enrich the structure of equity incentive theoretically. The empirical evidence confirms the importance of tolerating short-term failure and extending the horizon of managerial decision-making on promoting innovation. Overall, the research indicates that only well-designed equity incentive plans can promote innovation, which contributes to regulators and practitioners to form a rational understanding of the premise of equity incentives in promoting innovation and provides a reference for their decision-making.
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He, Xiaoyu, and Bo Li. "Tax Incentives, Digital Transformation and Enterprise Innovation." International Journal of Education and Humanities 6, no. 1 (November 24, 2022): 102–9. http://dx.doi.org/10.54097/ijeh.v6i1.3059.

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Taking China's A-share manufacturing listed companies from 2013 to 2020 as samples, this paper discusses and tests the impact of tax incentives and digital transformation on enterprise innovation, and further explores the moderating effect of digital transformation on the relationship between tax incentives and enterprise innovation. The research results show that tax incentives play a significant positive role in promoting enterprise innovation, and digital transformation can effectively promote enterprise innovation and positively regulate the innovation incentive effect of tax incentive policies, indicating that enterprise digital transformation is conducive to the play of tax incentive policies, so that enterprise innovation can be better promoted and promoted. The results of heterogeneity test show that the promoting effect of tax incentives and digital transformation on enterprise innovation is more obvious in state-owned enterprises and non-high-tech enterprises, while the moderating effect of digital transformation on the incentive effect of tax incentives is more prominent in high-tech enterprises.
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Tang, Yongli, Xinyue Hu, Claudio Petti, and Matthias Thürer. "Institutional incentives and pressures in Chinese manufacturing firms’ innovation." Management Decision 58, no. 5 (June 17, 2019): 812–27. http://dx.doi.org/10.1108/md-08-2018-0933.

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Purpose The purpose of this paper is to investigate how Chinese firms’ innovation is related to their perceived incentives and pressures from the transitioning institutional environment. Design/methodology/approach A sample of 166 manufacturing firms located in Guangdong Province (China) is analyzed using binomial and moderated multiple regression models. Findings The results show that institutional incentives are more effective in promoting incremental innovations than radical ones, whereas institutional pressures are more pronounced in facilitating radical innovations than incremental ones. In addition, the interaction between the two divergent institutional forces is negatively related to innovation performance. Practical implications The findings inform managers and policy makers in institutional transition environments to consider and balance the effects of institutional forces. Firms should match the institutional incentives and pressures with their own innovation objectives in terms of incremental or radical goals, and take caution to deal with the divergent institutional directions, so as to avoid the negative interaction effects. Policy makers should take a systems approach when considering the incentive-based and/or command-and-control designs of innovation policies and regulations. Originality/value The study contributes to existing literature on institutions and innovation by disentangling incentive and pressure effects of institutions, regulation and innovation policies, as well as the combined and interaction effects intrinsic within institutional mixes.
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Schneckenberg, Dirk. "Strategic Incentive Systems For Open Innovation." Journal of Applied Business Research (JABR) 30, no. 1 (December 30, 2013): 65. http://dx.doi.org/10.19030/jabr.v30i1.8283.

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<p class="AbsKeyBibli">Our paper presents a cross-sectional study of incentive systems for open innovation practices. Organisations face the challenge to design and implement strategic incentive systems which reward active contributions of individuals to open innovation practices. We refer to contributions from psychology and economics to develop a framework for organisational incentive systems. We have conducted semi-structured interviews with 10 experts in Germany and the Netherlands. The experts work in firms which are both international top players and open innovation pioneers in their respective industries. The results show that all organisations in the sample develop incentives for open innovation. The key strategic function of incentive systems is to open mind-sets of the workforce and to overcome mental barriers of the 'not invented here' syndrome. Immaterial and in particular task content incentives have been judged to have a more efficient long-term impact than material incentives. While experts have emphasised the importance of aligning incentives systems to open innovation strategies, in practice many incentive approaches still remain patchwork and lack a clear strategic focus.</p>
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Leontev, Mikhail. "Socio-psychological aspects of innovation behavior of workers in construction organizations." MATEC Web of Conferences 251 (2018): 05021. http://dx.doi.org/10.1051/matecconf/201825105021.

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The ability for introduction of innovation, improve products, services and work processes is becoming increasingly important for the construction industry today. This paper focuses on the personal and socio-psychological characteristics of innovation: employee attitudes toward innovations, the degree of employee involvement in innovation activity, personal motivation and incentives. It was found that the innovative behavior of workers in construction organizations is positively influenced by: participative leadership style, support of employees’ innovative behavior on the part of management, external business contacts, innovative results, successful practice of introducing innovations in the firm (enterprise). These factors, combined with material incentives, the desire for self-realization, the involvement of employees in all stages of the innovation process, create a suitable environment for the innovative activity of employees.
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Joachim Breunig, Karl, Tor Helge Aas, and Katja Maria Hydle. "Incentives and performance measures for open innovation practices." Measuring Business Excellence 18, no. 1 (March 11, 2014): 45–54. http://dx.doi.org/10.1108/mbe-10-2013-0049.

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Purpose – To guarantee alignment between ongoing activities and organizational goals, innovation management theory emphasizes management control and explicit innovation strategies as prerequisites for innovation performance. However, the theory on open services innovation emphasizes individual autonomy and incentives to foster open innovations. The aim of this paper is to explore this inconsistency. Design/methodology/approach – An explorative research design involving 25 semi-structured interviews in five large scale-intensive service firms is explored. Scale-intensive service firms are strategically sampled for this study since these firms experience tension between open service innovation characteristics and efforts to standardize. Findings – The authors show how individual autonomy facilitates the internal and external networking required in open innovations. However, individualized incentives do not suffice to motivate, mobilize and direct the collaboration and collective effort needed to ensure successful implementation of open innovation processes. Innovation performance is a collective effort, and the findings suggest that firms' business strategy works as a collective incentive system. Practical implications – The findings imply that firms should not rely on individualized incentives alone to implement open innovation processes successfully. The implementation of more collectively oriented incentives is also necessary to motivate the collective effort required to succeed with open innovation. Originality/value – The study extends previous work and shows how innovation practices are collective efforts that also involve the mobilization of external resources. The incentives observed have an effect on individual behaviour, while performance measures, to a larger degree, cater to the collective level. The authors present three propositions for further empirical investigation.
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Jelinčić, Daniela Angelina, and Sanja Tišma. "Tourism Innovation in the Adriatic-Ionian Region: Questioning the Understanding of Innovation." European Journal of Geography 13, no. 5 (December 29, 2022): 97–114. http://dx.doi.org/10.48088/ejg.d.jel.13.5.097.114.

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Today, tourism as the most important global service industry faces many challenges, which call for innovations. That includes product (new products and services), process (new ways of delivering tourist services), logistical (new ways of providing products/services to tourists), and market innovations (new marketing methods or market behaviour). To detect the number and types of tourism innovations funded by the EU in the Adriatic-Ionian region (AIR), a desk research approach and a survey was carried out between 2020 and 2022. The purpose of our work was to detect projects fostering innovations in sustainable tourism, analyse their innovation capacity and propose possible policy enhancements. The main research questions were: Firstly, are financial incentives appropriate measures to foster innovations? and secondly what is the role of governance models of the EUSAIR in fostering innovations in sustainable tourism? In total, 88 projects were detected fostering different types of innovations. The results demonstrate an uneven geographical distribution of financial incentives for innovative projects and underline the lack of a clear understanding of the concept of innovation in funded projects and in seconded national administration in the AIR. Additionally, our findings show that financial incentives, although welcome, do not always foster innovations. Rather, an effective governance should be in place to tailor the appropriate financial incentives and guide the process. Our work contributes to the development of new guidelines related to growth and innovation in sustainable tourism in the AIR.
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Yan, Zhenjun, Xinyan Wu, Jing Li, and Bingqing Liang. "Competition and Heterogeneous Innovation Qualities: Evidence from a Natural Experiment." Sustainability 14, no. 13 (June 21, 2022): 7562. http://dx.doi.org/10.3390/su14137562.

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Innovations differ substantially in their qualities, from major breakthroughs to small incremental refinements. What is the relationship between product market competition and the quality of innovations? We develop a model where competition encourages high-quality firms to innovate but discourages low-quality firms from innovating and examine the impact of competition on the quality of innovations, taking the implementation of the negative list system for market access in China as a natural experiment. It is found that competition has twofold impacts on the incentives of innovation and that competition improves the overall innovation quality through the improvement of innovation resource allocation. More competition implies a higher elasticity of substitution, leading to stronger incentives for innovation. Meanwhile, competition also decreases industry profits and increases the cost of innovation, which reduces the expected return on innovation, resulting in fewer incentives for innovation. The findings suggest that while R&D subsidies increase aggregate R&D investment, they encourage the survival and expansion of low-quality firms at the expense of high-quality firms and lead to misallocation of R&D resources, resulting in the decline of overall innovation qualities.
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Hellmann, Thomas, and Veikko Thiele. "Incentives and Innovation: A Multitasking Approach." American Economic Journal: Microeconomics 3, no. 1 (February 1, 2011): 78–128. http://dx.doi.org/10.1257/mic.3.1.78.

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This paper develops a multitask model where employees make choices between their assigned standard tasks, for which the firm has a performance measure and provides incentives, and privately observed innovation opportunities that fall outside of the performance metrics, and require ex post bargaining. If innovations are highly firm specific, firms provide lower-powered incentives for standard tasks to encourage more innovation, yet in equilibrium employees undertake too few innovations. The opposite occurs if innovations are less firm specific. We also investigate the effectiveness of several possibilities to encourage innovation, such as tolerance for failure, stock-based compensation, and the allocation of intellectual property rights. (JEL D21, J33, M12, O31, O34)
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Dissertations / Theses on the topic "Incentives to innovation"

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Ederer, Florian Peter. "Essays on incentives for innovation." Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/49709.

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Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 2009.
Includes bibliographical references (p. 153-158).
This thesis consists of three independent essays that examine the role of incentives for innovation in organizations. Chapter 2 studies the provision of incentives when workers explore new work methods in parallel. In such a setting under-exploration may result as workers attempt to free-ride on the new ideas of co-workers. Optimal incentives for routine activities take the form of standard pay-for-performance where only individual success determines compensation while optimal incentives for parallel innovation tolerates early failure and provides workers with long-term group incentives for joint success. Using data from a controlled laboratory experiment I show that this link between incentives and innovation is causal. Innovation success and performance is highest under a group incentive scheme that rewards long-term joint success. In Chapter 3 which is co-authored with Gustavo Manso, I provide evidence that the combination of tolerance for early failure and reward for long-term success is effective in motivating innovation. Subjects under such an incentive scheme explore more, get closer to discovering the optimal business strategy, and produce higher average revenues than subjects under fixed-wage and standard pay-for-performance incentive schemes. I also show that the threat of termination can undermine incentives for innovation, while golden parachutes can alleviate these innovation-reducing effects. Finally, in Chapter 4, I investigate the choice of organizations to conduct interim performance evaluations.
(cont.) When ability does not influence workers marginal benefit of effort, the choice between giving workers feedback or not depends on the shape of the cost of effort function. However, when effort and ability are complementary, feedback policies have several competing effects. They inform workers about their relative position in the tournament as well as their relative productivity. In addition, performance appraisals create signal-jamming incentives to exert effort prior to performance evaluation.
by Florian Peter Ederer.
Ph.D.
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Zeitlin, Andrew. "Institutions, Innovation, and Incentives in Rural Ghana." Thesis, University of Oxford, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.508684.

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Kleer, Robin. "Three Essays on Competition Policy and Innovation Incentives." kostenfrei, 2008. http://www.opus-bayern.de/uni-wuerzburg/volltexte/2009/3476/.

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Lu, Yiqing. "Essays on adaptation, innovation incentives and compensation structure." Thesis, London School of Economics and Political Science (University of London), 2015. http://etheses.lse.ac.uk/3186/.

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This thesis explores both theoretically and empirically how firms design employees’ compensation contracts to motivate them to work and to adapt to external changes under an informed principal framework. The first chapter analyzes how a principal, privately informed about the changing market condition, structures the agent’s incentive contract to inform and motivate her to adapt. The results show that a failure to overturn employees’ belief about the changing market condition could lead to insufficient adaptation. Further, a more pressing market condition induces earlier adaptation and greater information revelation. Finally, the compensation structure underpinning insufficient adaptation imposes a legacy problem due to excessive use of long-term incentives, which restrains the reconfiguration of the contract in place. Based on the first chapter, the second chapter aims to explain asymmetric contractual adjustment of CEO compensation, only upward but not downward. I argue that a principal, privately informed about the firm’s changing productive efficiency, uses contracts to provide the agent with not only working incentives but also information about her productivity. The principal commits to a back-loaded compensation plan with an increasing salary or with an increasing short-term performance pay. Such rigid contracts achieve greater efficiency by inducing more efforts from the agent through profit sharing. The third chapter, co-authored with Peggy Huang and Moqi Xu, finds CEO contracts explicitly account for subjective reviews in a new dataset of CEO contracts and stated reasons for compensation changes. Our results suggest that firms prefer to keep early R&D successes from the public and thus raise salaries for early R&D success not yet realized in performance measures. Consistent with this explanation, standalone salary increases predict better long-run portfolio and stock returns, but only following positive subjective evaluations and in firms with high R&D investment.
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Hall, Jonathan. "Digitalization of Facility Management : Financial Incentives." Thesis, KTH, Fastigheter och byggande, 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-236766.

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The digital reality is within this current moment debated and something that affects people. Upcoming years in real estate in general, it will be crucial of developments within the industry concerning digital solutions. The processes, business and approaches that have affected an industry for a very long time are changing in its foundations. Owning a property or managing an object in the coming years in an increasingly digitized world will bring new types of demands on organizations that intend to participate in the development. For a long time, digitization has existed as a concept seeming exciting and interesting. Smart devices have taken a larger part of time through telephones, televisions and likewise. Banking processes have evolved through phones and other digital tools to provide new variations of banking services. Airports have developed digital check-in services, which mean that you are actually virtually on the plane before you arrive at the airport. The development of these banking and tourism services changes the market and companies have been able to take part of the market by providing new solutions.  In development and innovation, there is a term used repeatedly, the idea of a “disruptive innovation”. More explicitly, a new innovation that destroys the previously functioning market. As a concrete example, the previously well-functioning camera - today largely exchanged for the digital camera. Or the previously mentioned development of banks and flight processes. It has previously been functioning markets, however, these new processes and innovations have eliminated earlier working solutions by performing better.   The study investigates possibilities closer if there are potential "disruptive innovations" in facility management and digital key control. The thesis has been focusing on the consequences of digital keys by using a model to analyse the impact on work in a future process. The physical key is one of the most ancient innovations that have been refined and developed over the centuries. With the new digital reality, it may be possible to find a new process that create better functions.
Kommande år i fastighetsförvaltning i allmänhet kommer det att vara avgörande för utvecklingen inom industrin med digitala lösningar. De processer, affärer och tillvägagångssätt som har påverkat en bransch under en mycket lång tid är på väg att förändras i grunden. Äga en fastighet eller förvalta ett objekt de närmaste åren i en alltmer digitaliserad värld kommer att medföra nya typer av krav på organisationer som avser att delta i utvecklingen och vara aktuell på marknaden. Under lång tid har digitalisering funnits som ett koncept som synes spännande och intressant. Smarta enheter har tagit en större del av tiden via telefoner, tv-apparater och liknande. Bankprocesser har utvecklats genom telefoner och andra digitala verktyg för att ge nya variationer av banktjänster. Flygplatser har utvecklat digitala incheckningstjänster, vilket innebär att du faktiskt är på planet innan du kommer till flygplatsen. Utvecklingen av dessa bank- och turismtjänster förändrar marknaden och företagen har kunnat ta del av marknaden genom att erbjuda nya lösningar. Inom utveckling och innovation finns det ett begrepp vilket används återkommande, en idé om en ”disruptive innovation”. Mer explicit, att en ny innovation förstör den tidigare fungerande marknaden, där det konkreta exemplet är den tidigare väl fungerande kameran vilken idag i stor omfattning är utbytt till den digitala kameran. Eller den tidigare nämnda utvecklingen av bank och flygprocesser. Det har tidigare varit fungerande marknader, dock har nya processer och innovationer slagit ut tidigare fungerande lösningar.  I det här arbetet har möjligheterna undersökts närmre ifall det går att finna potentiella ”disruptive innovations” inom fastighetsförvaltning. Den fysiska nyckeln är en utav de mest antika innovationerna som genom årtusenden och århundranden har förfinats och utvecklats. Med den nya digitala verkligheten kan det vara möjligt att finna en ny process vilken fungerar på ett bättre sätt.
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Grothe, Michael [Verfasser]. "The impact of market structure on innovation incentives / Michael Grothe." Bielefeld : Universitätsbibliothek Bielefeld, 2014. http://d-nb.info/1065375506/34.

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Fantino, Davide. "Innovation activity, R&D incentives, competition and market value." Thesis, London School of Economics and Political Science (University of London), 2010. http://etheses.lse.ac.uk/166/.

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This thesis examines some characteristics of the interaction between innovation activity of firms, in particular R&D, and economic system. The first main chapter analyses a mechanism of interaction between R&D and market structure, in a horizontally differentiated market where firms invest to increase differentiation among varieties. R&D activity declines over time; prices, output and short-run profits of firms producing the differentiated product move towards the higher steadystate values, production of the non-differentiated good falls. The increasing specialization improves the overall utility of consumers. The comparison with the socially optimal solution shows that firms underinvest in R&D. The second main chapter evaluates the effectiveness of the incentives to development of innovations provided by the Italian Ministry for Economic Development through the Fund for Technological Innovation. We analyse the subsidies to firms supplied by the general and the special sections of this Fund, using a difference-in-differences framework and a regression discontinuity one. We find no hints of effect on investments, dimension, labour productivity, labour costs, financial structure and profitability. For the general section, the effect on assets is positive, suggesting that firms used the subsidy to finance current expenditures. The third main chapter examines the relationship between R&D and market value of firms. We find high heterogeneity in the coefficients of different US manufacturing sectors between 1975 and 1995; sometimes the effects of current R&D on market value are very small or negative. We develop a model with uncertain R&D, where we decompose market value in two components, due to the already concretized assets and to work-in-progress R&D. Risk aversion may cause different evaluations of these components: when investors are risk-averse and managers maximize the long-run firm value, the risk associated with work-in-progress R&D reduces the short-run firm value even if its expected long-run value grows.
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Wu, Xiaohua Sherry. "Innovation incentives and competition in the hard disk drive industry." Thesis, Massachusetts Institute of Technology, 2011. http://hdl.handle.net/1721.1/69479.

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Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Economics, 2011.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 52-53).
Firms in the hard disk drive industry are continually engaging in R & D and improving the quality of their products. We explore various determinants of the product innovation incentives for firms concerned with both their static and expected future profitability. We estimate the observed innovation outcomes as a function of market condition variables which have significant impact on innovation decisions. In addition, we estimate logit utilities that describe the marginal willingness to pay for quality improvements. One aspect of utility is that the willingness to pay for faster access time to data may be initially low but increases over time. The firms' decisions to introduce faster access time are partly motivated by dynamic considerations.
by Xiaohua Sherry Wu.
S.M.
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Scherer, Tiago Vasconcelos. "A influência da política de incentivo fiscal nacional no desempenho inovativo das empresas beneficiárias." reponame:Biblioteca Digital de Teses e Dissertações da UFRGS, 2013. http://hdl.handle.net/10183/88084.

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O Brasil esta em defasagem tecnológica na corrida pela inovação, principalmente se comparado às economias mais desenvolvidas. O incentivo fiscal à inovação, introduzido pela Lei do Bem – Lei 11.196/05, é uma das principais políticas públicas voltadas a P,D&I. Junto a um conjunto de incentivos diretos e indiretos às empresas nacionais, intensificados a partir de 2004, o incentivo fiscal visa desonerar os gastos das organizações com as atividades de P&D, fomentando a inovação para que o país seja mais competitividade pelo incremento de valor dos produtos desenvolvidos em seu território. O Ministério da Ciência, Tecnologia e Inovação é responsável pelo acompanhamento do gozo do incentivo, tendo às empresas beneficiárias a obrigação de prestar informações anualmente. O MCTI publica informações como valores de dispêndios com P&D e os valores de renúncia fiscal concedido pela Lei, que somou 1,4 bilhão de reais em 2011 para 767 empresas beneficiárias. No entanto, não existem informações sobre a melhoria do desempenho inovativo destas organizações. Neste sentido, esta dissertação buscou avaliar o impacto dos incentivos fiscais à inovação sobre o desempenho inovativo das empresas beneficiárias. Para isso foi utilizado método survey com envio de questionários a cada empresa que esteve presente em todos os anos nas listas de beneficiárias da Lei. As questões buscavam avaliar a percepção do entrevistado sobre diferentes indicadores de P,D&I, identificados na revisão bibliográfica e agrupados em três blocos de indicadores (tradicionais, de valor e de processo). A pesquisa também identificou as características das empresas beneficiárias e a percepção de importância para os principais incentivos da Lei, sendo confirmado o perfil de grandes e tradicionais empresas como as principais usuárias dos incentivos. A pouca amplitude dos incentivos é creditada a exigência da empresa ser optante do Lucro Real e pela dificuldade de interpretação da Lei, potencializada por divergências dos principais órgãos de governo responsáveis pelo acompanhamento e fiscalização. No entanto, as analises convergem para uma percepção da existência de impacto positivo do incentivo sobre o aumento de investimentos e estrutura para P&D, do número de novos e melhorados produtos e seu grau de ineditismo. Este aumento se deve ao mais importante incentivo da Lei do Bem identificado, a desoneração dos valores de dispêndio em P&D. Com base nas correlações de dados o presentes no trabalho se identificou que a percepção de aumento de receita e lucratividade esta relacionada à adição de investimentos em P&D que resultam no desenvolvimento de maior número de produtos novos e melhorados e de seu grau de ineditismo, validando o efeito additionality da Lei e consequente geração de valor nas empresas com base em inovação. O trabalho também identificou o aprimoramento dos processos organizacionais para inovação, como a estruturação de setores de P&D e a melhor comunicação entre as diferentes áreas envolvidas nos projetos, que estão relacionadas a operação e controle exigidos para o gozo do incentivo. O trabalho alerta para a necessidade de atenção do governo aos processos de registro de patente e colaboração entre empresas e universidades, pouco intensificadas pela Lei em virtude de problemas históricos para estes indicadores. Assim, este estudo avança no conhecimento da política de incentivo fiscal à inovação, seus diferentes impactos para as empresas beneficiárias e contribui para a discussão e melhoria das políticas públicas à inovação no Brasil.
Brazil has a technological deficit regarding innovation race, especially when compared to more developed economies. The tax incentive for innovation, introduced by Lei do Bem - Law 11,196/05, is one of the major public policies concerning R, D & I. With a range of direct and indirect incentives to domestic companies, intensified after 2004, the tax incentives aim to relieve the expenses of the organizations with R & D, encouraging innovation for the country to be more competitive by increasing the value of products developed in their territory. The Ministry of Science, Technology and Innovation is in charge for monitoring the incentive, having the benefiting companies the obligation to provide information annually. The MCTI publishes information as values of expenditures on R&D and the values of tax waiver granted by the Law, which amounted to 1.4 billion reais in 2011 to 767 beneficiary companies. However, no information on improving the innovative performance of such organizations is given. In this sense, the following research aimed to assess the impact of tax incentives for innovation on the innovative performance of recipient firms. Survey method has been applied with sending questionnaires to every company that was present in all the years in the lists of beneficiaries of the Law. The issues aimed to assess the interviewees' perception of different indicators of R, D & I, identified in the literature review and grouped into three blocks of indicators (traditional, value, and process). The survey also identified the characteristics of the recipient firms and the perception of importance to the main incentives of Law, and confirmed the profile of large and traditional companies as the main users of the incentives. The low amplitude of incentives is credited to company requirement be opting of taxable income and the difficulty of interpreting the law, enhanced by differences of the principal organs of government responsible for monitoring and supervision. However, the analysis converge to a perception that there is a positive impact on encouraging increased investment and R&D structure, number of new and improved products and their degree of uniqueness. This increase is due to the most important incentive of the Lei do Bem identified the exemption values for expenditure on R&D. Based on data correlations in the present research, it was identified that the perception of increased revenue and profitability is related to the addition of investments in R&D resulting in the development of a greater number of new and improved products and their degree of originality, validating the effect additionality of the Law, consequently adding value to companies based on innovation. The study also identified the improvement of organizational processes for innovation, such as the structuring of R&D sectors and better communication between the different departments involved in the projects, which are related to operation and control required for the enjoyment of encouragement. The work points to the need of government attention to patent registration processes and collaboration between companies and universities, some intensified by law because of historical problems for these indicators. Thus, this study advances on the knowledge of the policy tax incentives for innovation, their different impacts on the beneficiaries and contributes to the discussion and improvement of public policies for innovation in Brazil.
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Keely, Louise Catherine. "Ideas and incentives in the innovation process : implications for economic growth." Thesis, London School of Economics and Political Science (University of London), 1999. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.325014.

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Books on the topic "Incentives to innovation"

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Scotchmer, Suzanne. Innovation and incentives. Cambridge, Mass: MIT Press, 2006.

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Innovation and incentives. Cambridge, MA: MIT Press, 2005.

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Klemmer, Paul. Environmental innovation: Incentives and barriers. Berlin: Analytica, 1999.

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Garber, Alan M. Insurance and incentives for medical innovation. Cambridge, Mass: National Bureau of Economic Research, 2006.

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Simmons, Patrick E., and Samuel T. Jordan. Economics of innovation, incentives and uncertainty. Hauppauge, N.Y: Nova Science Publishers, 2012.

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Abdellatif, Mahmoud M., Binh Tran-Nam, Marina Ranga, and Sabina Hodžić, eds. Government Incentives for Innovation and Entrepreneurship. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9.

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Anwar, Shah, ed. Fiscal incentives for investment and innovation. Washington, D.C: World Bank, 2004.

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N, O'Neill, and Commission of the European Communities., eds. Incentives for industrial research, development, and innovation. London: K. Page, 1985.

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Olmstead, Judith V. Incentives for organizational effectiveness and innovation in DSHS. Olympia, Wash: Office of Research and Data Analysis [and] Planning, Evaluation and Professional Development, Dept. of Social and Health Services, 1987.

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Olmstead, Judith V. Incentives for organizational effectiveness and innovation in DSHS. Olympia, Wash: Office of Research and Data Analysis, [and] Planning, Evaluation and Professional Development, Dept. of Social and Health Services, 1987.

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Book chapters on the topic "Incentives to innovation"

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Orstavik, Finn. "Incentives for Innovation in Construction." In Construction Innovation, 13–28. Chichester, UK: John Wiley & Sons, Ltd, 2015. http://dx.doi.org/10.1002/9781118655689.ch2.

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Moran, Mary. "Incentives for innovation: Neglected diseases." In Incentives for Research, Development, and Innovation in Pharmaceuticals, 15–38. Madrid: Springer Healthcare Iberica, 2011. http://dx.doi.org/10.1007/978-84-938062-7-9_3.

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Grzebeta, Sven. "Incentivizing Innovation in Knowledge-Intensive Companies: Conceptual Analysis of the Fit Between Reward Programs and Organizational Contexts." In Incentives and Performance, 341–57. Cham: Springer International Publishing, 2014. http://dx.doi.org/10.1007/978-3-319-09785-5_21.

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García-Fontes, Walter. "Incentives to innovate: A survey." In Incentives for Research, Development, and Innovation in Pharmaceuticals, 5–14. Madrid: Springer Healthcare Iberica, 2011. http://dx.doi.org/10.1007/978-84-938062-7-9_2.

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Tok, Evren. "Diversification, Entrepreneurship, and Natural Resources: The Case of Qatar." In Government Incentives for Innovation and Entrepreneurship, 159–83. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_8.

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Hodžić, Sabina. "Government Support to Stimulate Innovation and Entrepreneurship: Evidence from Croatia." In Government Incentives for Innovation and Entrepreneurship, 241–56. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_11.

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Greggi, Marco. "The Italian Tax Incentives to Undertakings and the European Constraints." In Government Incentives for Innovation and Entrepreneurship, 187–221. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_9.

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Abdellatif, Mahmoud M., Binh Tran-Nam, Marina Ranga, and Sabina Hodžić. "An Overview." In Government Incentives for Innovation and Entrepreneurship, 3–11. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_1.

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Ramdani, Boumediene, Elias Boukrami, and Fateh Belaid. "Policies and Programs to Stimulate Digital Transformation Among SMEs: Where Do We Go from Here?" In Government Incentives for Innovation and Entrepreneurship, 89–104. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_5.

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Abdellatif, Mahmoud M., and Binh Tran-Nam. "Tax Versus Non-tax Incentives to Stimulate Innovation and Entrepreneurship: An International Perspective." In Government Incentives for Innovation and Entrepreneurship, 13–38. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-10119-9_2.

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Conference papers on the topic "Incentives to innovation"

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Siddall, Scott E. "Incentives for faculty innovation." In the 20th annual ACM SIGUCCS conference. New York, New York, USA: ACM Press, 1992. http://dx.doi.org/10.1145/143164.143320.

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Jarvilehto, Mikko, Kari Leppala, and Jouni Simila. "Communicative Incentives in Consumer Innovation Brokering." In 2008 41st Annual Hawaii International Conference on System Sciences. IEEE, 2008. http://dx.doi.org/10.1109/hicss.2008.94.

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Yu, Qingmin. "Tax Incentives to Promote Technological Innovation Research." In 2011 Fourth International Joint Conference on Computational Sciences and Optimization (CSO). IEEE, 2011. http://dx.doi.org/10.1109/cso.2011.250.

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Wei Yan and Deshan Tang. "Incentives for environmental technological innovation in emission trading." In 2011 International Conference on Remote Sensing, Environment and Transportation Engineering (RSETE). IEEE, 2011. http://dx.doi.org/10.1109/rsete.2011.5964996.

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Yi, Yu-yin, and Ai-ping Zhang. "Network Externality and Managerial Incentives." In 2009 International Conference on Information Management, Innovation Management and Industrial Engineering (ICIII 2009). IEEE, 2009. http://dx.doi.org/10.1109/iciii.2009.136.

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Chang, Xiaolan, and Yongle Zhao. "An Empirical Analysis Method of Incentives for Talent Innovation Behavior." In 2016 Third International Conference on Trustworthy Systems and their Applications (TSA). IEEE, 2016. http://dx.doi.org/10.1109/tsa.2016.31.

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Janzik, Lars, and Cornelius Herstatt. "Innovation communities: Motivation and incentives for community members to contribute." In Technology (ICMIT 2008). IEEE, 2008. http://dx.doi.org/10.1109/icmit.2008.4654389.

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Xia, Li. "Entrepreneurial Innovation Incentives Based on Double Characteristics: Economic and Social." In 2010 International Conference on E-Business and E-Government (ICEE). IEEE, 2010. http://dx.doi.org/10.1109/icee.2010.293.

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Shuang-ying, Chen, and Shao Yun-fei. "Research of Combinative Incentives of Manager based on Services Innovation." In 2007 International Conference on Service Systems and Service Management. IEEE, 2007. http://dx.doi.org/10.1109/icsssm.2007.4280088.

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Qin, Zhi-Hua, Dong-dong Wang, and Ying Li. "External knowledge acquisition and innovation performance: The roles of intra-firm communication and innovation incentives." In 2014 International Conference on Management Science and Engineering (ICMSE). IEEE, 2014. http://dx.doi.org/10.1109/icmse.2014.6930412.

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Reports on the topic "Incentives to innovation"

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Garber, Alan, Charles Jones, and Paul Romer. Insurance and Incentives for Medical Innovation. Cambridge, MA: National Bureau of Economic Research, March 2006. http://dx.doi.org/10.3386/w12080.

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Mohnen, Pierre. Taxation and Innovation. Inter-American Development Bank, May 2022. http://dx.doi.org/10.18235/0004249.

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Abstract:
This paper reviews the empirical evidence on the effects of tax incentives on R&D, innovation, and productivity and on the effects of the tax burden on the relocation of R&D facilities. It discusses the various costs and benefits that have to be taken into account in the computation of the effectiveness of tax incentives on innovation. The paper ends with 10 policy lessons that can be drawn from the evidence reported in the literature.
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Lerner, Josh, and Julie Wulf. Innovation and Incentives: Evidence from Corporate R&D. Cambridge, MA: National Bureau of Economic Research, January 2006. http://dx.doi.org/10.3386/w11944.

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Li, Xuelin, Andrew Lo, and Richard Thakor. Paying off the Competition: Market Power and Innovation Incentives. Cambridge, MA: National Bureau of Economic Research, June 2021. http://dx.doi.org/10.3386/w28964.

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Chandra, Amitabh, Jennifer Kao, Kathleen Miller, and Ariel Stern. Regulatory Incentives for Innovation: The FDA's Breakthrough Therapy Designation. Cambridge, MA: National Bureau of Economic Research, December 2022. http://dx.doi.org/10.3386/w30712.

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Moretti, Enrico, and Daniel J. Wilson. State Incentives for Innovation, Star Scientists, and Jobs: Evidence from Biotech. W.E. Upjohn Institute, July 2013. http://dx.doi.org/10.17848/wp14-203.

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Moretti, Enrico, and Daniel Wilson. State Incentives for Innovation, Star Scientists and Jobs: Evidence from Biotech. Cambridge, MA: National Bureau of Economic Research, August 2013. http://dx.doi.org/10.3386/w19294.

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Stern, Ariel Dora. The Regulation of Medical AI: Policy Approaches, Data, and Innovation Incentives. Cambridge, MA: National Bureau of Economic Research, December 2022. http://dx.doi.org/10.3386/w30639.

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Khan, B. Zorina. Prestige and Profit: The Royal Society of Arts and Incentives for Innovation, 1750-1850. Cambridge, MA: National Bureau of Economic Research, January 2017. http://dx.doi.org/10.3386/w23042.

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Benavente, José Miguel, and Pluvia Zuñiga. How Does Market Competition Affect Firm Innovation Incentives in Emerging Countries? Evidence from Chile and Colombia. Inter-American Development Bank, May 2022. http://dx.doi.org/10.18235/0004235.

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The effect of market competition on firm innovation remains controversial, especially in the context of developing countries. This paper presents new empirical evidence about the causal impact of competition on firm innovation for Chilean and Colombian manufacturing firms. Using instrumental-variable estimation, our results show that market competition increases firm propensity to invest in innovation, but this relationship manifests differently in the two countries. While this relationship is linear in Chilean firms, an inversed-U shaped relation prevails in Colombian firms. In both countries, however, innovation incentives are mostly concentrated in the medium range of the firm productivity distribution. These findings are robust to including past innovation engagement, import competition, and business dynamics. In addition, first- stage estimations show that competition law interventions improved market competition in sanctioned sectors while business entry reforms significantly leveraged competition across industries. These findings stress the importance of pro-competition regulations and competition policy, not only to benefit consumers welfare but also to support firm innovation.
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